Melvin And Zora Rash Charitable Tr
- Assets
- $917.2k
- Revenue
- $103.6k
- Investments
- $866.5k
- Employees
- 0
- Location
- Chapel Hill, NC
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 30-6355670
Organization Overview
Melvin And Zora Rash Charitable Tr is located in Chapel Hill, NC. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Melvin And Zora Rash Charitable Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Melvin And Zora Rash Charitable Tr generated $103.6k in total revenue. All expenses for the organization totaled $76.5k during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Melvin And Zora Rash Charitable Tr has awarded 24 individual grants totaling $352,239. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Investors Trust Company Trustee | 1 | $14,379 | |
Jill Goldman Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $32,215 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $71,376 |
| Capital Gain Net Income | $71,376 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $103,591 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,379 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $711 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $98 |
| Total operating and administrative expenses | $16,813 |
| Contributions, gifts, grants paid | $59,732 |
| Total expenses and disbursements | $76,545 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,715 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $917,201 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Melvin And Zora Rash Charitable Tr has awarded $59,732 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MEL & ZORA RASHKIS ELEMENTARY SCHOOL PURPOSE: TO FURTHER CHARITABLE PURPOSE OF RECIPIENT | $14,933 |
Durham, NC PURPOSE: TO FURTHER CHARITABLE PURPOSE OF RECIPIENT | $14,933 |
JUDEA REFORM CONGREGATION RELIGIOUS SCHOOL PURPOSE: TO FURTHER CHARITABLE PURPOSE OF RECIPIENT | $14,933 |
Carrboro, NC PURPOSE: TO FURTHER CHARITABLE PURPOSE OF RECIPIENT | $14,933 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nashville Christian Schools Inc Nashville, TN | $15,861,527 | $11,380,929 |
Global Entrepreneurship Network Inc Arlington, VA | $6,928,946 | $10,036,868 |
International Charter School Of Atlanta Inc Roswell, GA | $16,008,030 | $10,022,654 |
Miller School Of Albermarle Charlottesville, VA | $35,553,057 | $8,965,798 |
United States Public Policy Council Mc Lean, VA | $515,116 | $8,099,974 |
Global Service Network Inc Apex, NC | $3,942,579 | $9,338,562 |
Memphis Rise Academy Inc Memphis, TN | $16,603,150 | $9,374,095 |
Gaston Christian Schools Inc Gastonia, NC | $18,086,677 | $10,176,394 |
Gateway Research Park Inc Greensboro, NC | $77,329,453 | $5,504,159 |
Christian Heritage School Inc Dalton, GA | $23,929,248 | $5,906,596 |
Barry-Robinson Schools Of Norfolk Norfolk, VA | $3,077,648 | $6,392,966 |
National Institute Of Governmental Purchasing Inc Herndon, VA | $6,972,915 | $6,098,960 |