Spotts Trust Hal Lainson Ttee
- Assets
- $1.6m
- Revenue
- $107.3k
- Investments
- $1.6m
- Employees
- 0
- Location
- Hastings, NE
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 47-6126112
Organization Overview
Spotts Trust Hal Lainson Ttee is located in Hastings, NE. The organization was established in 0000. 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. Spotts Trust Hal Lainson Ttee 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, Spotts Trust Hal Lainson Ttee generated $107.3k 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 (5.4%) each year. All expenses for the organization totaled $114.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Spotts Trust Hal Lainson Ttee has awarded 209 individual grants totaling $827,910. 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 |
|---|---|---|---|
Charles Hermes Trustee | 5 | $0 | |
Stephanie Bliss Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,830 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $67,314 |
| Capital Gain Net Income | $67,314 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $189 |
| Total Revenue | $107,333 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $616 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $603 |
| Total operating and administrative expenses | $28,569 |
| Contributions, gifts, grants paid | $86,199 |
| Total expenses and disbursements | $114,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,871 |
| 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 | $759,431 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $597 |
| Total assets | $1,648,310 |
| 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, Spotts Trust Hal Lainson Ttee has awarded $86,199 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
HASTINGS SCOTTISH RITE FOUNDATION PURPOSE: CHARITY | $100 |
CASA OF SOUTH CENTRAL NEBRASKA PURPOSE: CHARITY | $200 |
CATHOLIC SOCIAL SERVICES - FOOD FOR THOUGHT OPEN TABLE PROGRAM PURPOSE: CHARITY | $500 |
CROSSROADS CENTER RESCUE MISSION PURPOSE: CHARITY | $500 |
ENCOURAGE ADVOCACY CENTER PURPOSE: CHARITY | $200 |
HASTINGS COLLEGE PURPOSE: EDUCATION | $18,620 |