William L Simpson Education Tr
- Assets
- $115.1k
- Revenue
- $3.1k
- Investments
- $104.0k
- Employees
- 0
- Location
- Marysville, KS
- Founding
- 09/1986
- Data as of
- 06/2024
- EIN
- 48-6273898
Organization Overview
William L Simpson Education Tr is located in Marysville, KS. The organization was established in 1986. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. William L Simpson Education 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 06/2024, William L Simpson Education Tr generated $3.1k 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 (26.8%) each year. All expenses for the organization totaled $7.7k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 1 | $1,178 | |
Name Not Listed Trustee | 1 | $656 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,760 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$84 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $30 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $436 |
| Total Revenue | $3,112 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,034 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,335 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,726 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $7,726 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,955 |
| 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 | $8,137 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $104,038 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $115,130 |
| 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, William L Simpson Education Tr has awarded $740 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
KALI CROME PURPOSE: HIGHERSCHOLARSHIP FOREDUCATION | $127 |
RILEY RUSSELL PURPOSE: HIGHERSCHOLARSHIP FOREDUCATION | $507 |
HALEY OEHM PURPOSE: HIGHERSCHOLARSHIP FOREDUCATION | $106 |