Jack Piche & Les Nielsen Education Trust Inc
- Assets
- $2.5k
- Revenue
- $125.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Maple Plain, MN
- Founding
- 02/2012
- Data as of
- 12/2023
- EIN
- 35-2429270
Organization Overview
Jack Piche & Les Nielsen Education Trust Inc is located in Maple Plain, MN. The organization was established in 2012. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Jack Piche & Les Nielsen Education Trust Inc 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 12/2023, Jack Piche & Les Nielsen Education Trust Inc generated $125.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $135.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jack Piche & Les Nielsen Education Trust Inc has awarded 159 individual grants totaling $1,185,795. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Les Nielsen Trustee | 1 | $0 | |
Jack Piche Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $125,000 |
| Interest on Savings | $146 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $125,146 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $805 |
| Contributions, gifts, grants paid | $134,223 |
| Total expenses and disbursements | $135,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,489 |
| 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 | $2,489 |
| 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, Jack Piche & Les Nielsen Education Trust Inc has awarded $134,223 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ABY DENNESON PURPOSE: EDUCATION | $12,000 |
CASSANDRA DRUSCH PURPOSE: EDUCATION | $12,000 |
LUCAS BERG PURPOSE: EDUCATION | $9,939 |
KATLYN DRUSCH PURPOSE: EDUCATION | $12,000 |
LUKE LOFSWOLD PURPOSE: EDUCATION | $11,272 |
ELLA PRY PURPOSE: EDUCATION | $10,655 |