Ervil A & Ronald E Thiel Charitable Trust
- Assets
- $4.5m
- Revenue
- $392.9k
- Investments
- $4.3m
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 05/2001
- Data as of
- 08/2021
- EIN
- 48-6373749
Organization Overview
Ervil A & Ronald E Thiel Charitable Trust is located in Colorado Springs, CO. The organization was established in 2001. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ervil A & Ronald E Thiel Charitable 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 08/2021, Ervil A & Ronald E Thiel Charitable Trust generated $392.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $366.1k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ervil A & Ronald E Thiel Charitable Trust has awarded 67 individual grants totaling $2,381,191. 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 | $360 |
| Dividends & Interest | $137,566 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $240,378 |
| Capital Gain Net Income | $240,378 |
| Net ST Capital Gain | $5,631 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,556 |
| Total Revenue | $392,860 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $68,456 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $350 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $676 |
| Printing and publications | $0 |
| Other expenses | $67 |
| Total operating and administrative expenses | $71,949 |
| Contributions, gifts, grants paid | $294,192 |
| Total expenses and disbursements | $366,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78 |
| Savings and temporary cash investments | $127,137 |
| 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 | $3,682,367 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,472,407 |
| 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, Ervil A & Ronald E Thiel Charitable Trust has awarded $294,192 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Overland Park, KS PURPOSE: ROOF REPLACEMENT AND FIXING PARKING LOT AT THE CHURCH | $65,000 |
CENTRAL BAPTIST THEOLOGICAL SEMINAR PURPOSE: TO OFFSET THE COST OF LAUNCHING 2 NEW CHAPLAIN CERTIFICATE PROGRAMS | $60,000 |
Ottawa, KS PURPOSE: TO ASSIST THE CHAPLAIN'S OFFICE WITH HELP TO STUDENTS IN NEED WITH CLOTHES, FOOD AND OTHER SERVICES | $55,174 |
CAMP CHRISTY PURPOSE: FIX THE POOL FOR CAMPERS TO ENJOY. | $33,086 |
Kennesaw, GA PURPOSE: TO REPLACE FLOORING IN 12 ROOMS OF HOPE LODGE LOCATED IN KANSAS CITY. | $25,000 |
AMERICAN BAPTIST FOUNDATION PURPOSE: TO COVER THE SALARIES OF HIRING A CFP AND FULL TIME STAFF PERSON | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oktoberfest Inc Tulsa, OK | $2,688,468 | $7,024,472 |
Colorado Education Initiative Denver, CO | $5,028,811 | $3,690,284 |
Archaeology Southwest Tucson, AZ | $12,685,440 | $3,597,421 |
National Little Britches Rodeo Colorado Springs, CO | $2,643,862 | $2,636,797 |
Latino Community Foundation Of Colorado Inc Denver, CO | $7,867,698 | $2,394,861 |
Flower Hill Institute Jemez Pueblo, NM | $823,224 | $2,237,551 |
Southwestern Association For Indian Arts Inc Santa Fe, NM | $785,210 | $1,802,877 |
Life-Line Denver, CO | $658,638 | $1,555,832 |
Tribal Education Departments National Assembly Co Oklahoma City, OK | $43,006 | $1,157,227 |
Fort Apache Heritage Foundation Inc Fort Apache, AZ | $2,439,706 | $1,250,700 |
Native Renewables Inc Flagstaff, AZ | $1,342,329 | $2,136,177 |
Cihuapactli Collective Phoenix, AZ | $864,626 | $1,497,266 |