Loretta A Snell Charitable Tr Inc
- Assets
- $426.3k
- Revenue
- $10.8k
- Investments
- $192.3k
- Employees
- 0
- Location
- Parkville, MD
- Founding
- 03/2004
- Data as of
- 12/2022
- EIN
- 41-2124892
Organization Overview
Loretta A Snell Charitable Tr Inc is located in Parkville, MD. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loretta A Snell Charitable Tr 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 12/2022, Loretta A Snell Charitable Tr Inc generated $10.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.4%) each year. All expenses for the organization totaled $73.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Loretta A Snell Charitable Tr Inc has awarded 45 individual grants totaling $303,950. 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 |
|---|---|---|---|
Charles Jednorski ESQ Trustee | 0 | $0 | |
Susan Buddemeyer Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,255 |
| Dividends & Interest | $6,424 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,079 |
| Capital Gain Net Income | $39 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,758 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,398 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,664 |
| Total operating and administrative expenses | $12,502 |
| Contributions, gifts, grants paid | $61,300 |
| Total expenses and disbursements | $73,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,762 |
| 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 | $92,976 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $111,261 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $426,271 |
| 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, Loretta A Snell Charitable Tr Inc has awarded $61,300 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ST CECILIA FOOD KITCHEN PURPOSE: FEED POOR | $25,000 |
OUR LADY OF GRACE OUTREACH PURPOSE: EMERGENCY FOOD & HOUSING | $3,000 |
BALTIMORE COUNTY POLICE PAR FUND PURPOSE: POLICE ASSISTANCE & RELIEF FUND | $2,000 |
FRANCISCAN CENTER PURPOSE: EMERGENCY FUNDS FOR THE POOR | $2,000 |
WELCOME ONE HOMELESS SHELTER PURPOSE: ASSISTANCE FOR THE HOMELESS | $2,000 |
HEREFORD VOLUNTEER AMBULANCE ASSOC PURPOSE: VOLUNTEER AMBULANCE COMPANY | $1,000 |