Loretto A Langley Trust
- Assets
- $697.6k
- Revenue
- $30.4k
- Investments
- $105.5k
- Employees
- 0
- Location
- Emporia, KS
- Founding
- 02/2002
- Data as of
- 06/2023
- EIN
- 48-6370228
Organization Overview
Loretto A Langley Trust is located in Emporia, KS. The organization was established in 2002. 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. Loretto A Langley Trust 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 06/2023, Loretto A Langley Trust generated $30.4k 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 (5.0%) each year. All expenses for the organization totaled $144.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Loretto A Langley Trust has awarded 54 individual grants totaling $1,111,132. 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 | $1,347 |
| Dividends & Interest | $7,246 |
| Net Rental Income | $17,078 |
| Net Gain on Sale of Assets | -$8,426 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,407 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,292 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,368 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,141 |
| Total operating and administrative expenses | $19,999 |
| Contributions, gifts, grants paid | $124,075 |
| Total expenses and disbursements | $144,074 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,769 |
| 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 | $569,333 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $697,560 |
| 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, Loretto A Langley Trust has awarded $124,075 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CHASE COUNTY OLD SCHOOL DEVELOPMENT DISTRICT PURPOSE: DEED & SEED MONEY FOR NEW ROOF | $25,000 |
DIDDE CATHOLIC CAMPUS CENTER PURPOSE: NEW COMPUTERS AND CYBER SECURITY | $18,575 |
ESU FOUNDATION INC PURPOSE: NURSING PROGRAM SUPPORT | $20,000 |
FAMILY PROMISE OF THE FLINT HILLS PURPOSE: MATCHING GRANT | $3,000 |
FLINT HILLS TECHNICAL COLLEGE PURPOSE: SCHOLARSHIPS | $3,000 |
KANSAS CHILDREN'S SERVICE LEAGUE PURPOSE: HEALTH FAMILIES PROGRAM | $4,500 |