Clarence & Lilly Pickett Endowment
- Assets
- $707.3k
- Revenue
- $59.7k
- Investments
- $703.5k
- Employees
- 0
- Location
- Oskaloosa, IA
- Founding
- 08/1993
- Data as of
- 12/2018
- EIN
- 42-1391997
Organization Overview
Clarence & Lilly Pickett Endowment is located in Oskaloosa, IA. The organization was established in 1993. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations.
For the year ending 12/2018, Clarence & Lilly Pickett Endowment generated $59.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $63.0k during the year ending 12/2018. While expenses have increased by 19.4% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Crumley-Effinger President/clerk | 0.75 | $0 | |
Mike Moyer Coordinator/secretary | 3 | $0 | |
David E Wolfe Treasurer | 0.75 | $0 | |
Tom Hoopes Trustee | 0.25 | $0 | |
Sandy Laber Trustee | 0.25 | $0 | |
Alison Senter Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,409 |
| Interest on Savings | $53 |
| Dividends & Interest | $23,976 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,303 |
| Capital Gain Net Income | $32,303 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,741 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $277 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,671 |
| Printing and publications | $655 |
| Other expenses | $1,205 |
| Total operating and administrative expenses | $11,651 |
| Contributions, gifts, grants paid | $51,317 |
| Total expenses and disbursements | $62,968 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,754 |
| 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 | $707,275 |
| 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, Clarence & Lilly Pickett Endowment has awarded $51,317 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
BARCLAY COLLEGEKALEO ACADEMY PURPOSE: SUPPORT OF FRIENDS YOUTH LEADERSHIP TRAINING PROGRAMS | $15,000 |
CAMPUS MINISTRY NETWORK PURPOSE: SUPPORT OF CAMPUS BIBLE AND PRAYER GROUPS | $1,000 |
COLLEGE AVE FRIENDS CHURCH PURPOSE: SUPPORT OF OUTREACH ACTIVITIES | $500 |
EARLHAM COLLEGE SCHOOL OF RELIGION PURPOSE: SUPPORT OF ENTREPENEURIAL MINISTRY CERTIFICATE PROGRAM | $17,000 |
EARLHAM SCHOOL OF RELIGION PURPOSE: SUPPORT TO YOUNG ADULT LEADERSHIP PROGRAM | $2,500 |
FRIENDS COMMITTEE ON NATIONAL LEGISLATION EDUCATION FUND PURPOSE: SUPPORT TO YOUNG ADULT LEADERSHIP PROGRAMS | $2,955 |