Carl R Arnold Charitable Tr
- Assets
- $2.5m
- Revenue
- $85.4k
- Investments
- $726.2k
- Employees
- 0
- Location
- Independence, IA
- Founding
- 04/2012
- Data as of
- 12/2023
- EIN
- 45-6374371
Organization Overview
Carl R Arnold Charitable Tr is located in Independence, IA. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Carl R Arnold 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 12/2023, Carl R Arnold Charitable Tr generated $85.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $24.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Carl R Arnold Charitable Tr has awarded 12 individual grants totaling $393,459. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,060 |
| Net Rental Income | $50,576 |
| Net Gain on Sale of Assets | $9,632 |
| Capital Gain Net Income | $9,632 |
| Net ST Capital Gain | $9,632 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9 |
| Total Revenue | $85,359 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,963 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $267 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,082 |
| Total operating and administrative expenses | $24,637 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $24,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,567 |
| 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 | $1,714,599 |
| Other assets | $0 |
| Total assets | $2,456,380 |
| 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, Carl R Arnold Charitable Tr has awarded $99,483 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST PRESBYTERIAN CHURCH PURPOSE: DONATION | $33,161 |
EAST BUCHANAN SCHOOL PURPOSE: DONATION | $33,161 |
NORTH LINN COMMUNITY SCHOOL PURPOSE: DONATION | $33,161 |