Delores Soule Educational Tr
- Assets
- $714.6k
- Revenue
- $19.1k
- Investments
- $706.6k
- Employees
- 0
- Location
- Raymond, WA
- Founding
- 04/2015
- Data as of
- 12/2023
- EIN
- 46-6709807
Organization Overview
Delores Soule Educational Tr is located in Raymond, WA. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Delores Soule Educational 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, Delores Soule Educational Tr generated $19.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $67.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Delores Soule Educational Tr has awarded 12 individual grants totaling $299,617. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENABLE THE RAYMOND SCHOOLS FOUNDATION TO PROVIDE INCENTIVES TO RAYMOND HIGH SCHOOL GRADUATES BY OFFERING ONE OR MORE ANNUAL SCHOLARSHIPS FOR DESERVING RAYMOND HIGH SCHOOL GRADUATES FOR POST-HIGH SCHOOL EDUCATION. THE CRITERIA AND PROCEDURES FOR SELECTION OF THE STUDENTS AND PAYMENTS OF THE SCHOLARSHIPS SHALL BE DETERMINED BY THE TRUSTEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Halpin President | 1 | $0 | |
Will Hamlin Board Member | 1 | $0 | |
Colleen Brown Sec / Treas | 2 | $0 | |
Steve Holland Board Member | 1 | $0 | |
Vicki Halpin Director | 1 | $0 | |
Jodean Jordan Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $87 |
| Dividends & Interest | $22,981 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,984 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $63 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,084 |
| 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 | $3,133 |
| Total operating and administrative expenses | $3,583 |
| Contributions, gifts, grants paid | $64,104 |
| Total expenses and disbursements | $67,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,255 |
| 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 | $769 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $706,624 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $714,648 |
| 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, Delores Soule Educational Tr has awarded $64,104 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
RAYMOND SCHOOL DISTRICT PURPOSE: EDUCATIONAL DEVELOPMENT PROGRAMS | $16,104 |
RAYMOND HIGH SCHOOL SCHOLARSHIPS PURPOSE: EDUCATIONAL SCHOLARSHIPS | $48,000 |