Thomas Gregory Skinner Memorial Trust
- Assets
- $353.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hertford, NC
- Founding
- 08/1974
- Data as of
- 12/2022
- EIN
- 56-6044657
Organization Overview
Thomas Gregory Skinner Memorial Trust is located in Hertford, NC. The organization was established in 1974. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Thomas Gregory Skinner Memorial 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 12/2022, Thomas Gregory Skinner Memorial Trust generated $29.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $19.1k during the year ending 12/2022. While expenses have increased by 3.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPSANDGRANTSPERTRUSTINSTRUMENTPERSCHEDULEO
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $17,953 |
| Gain or Loss | -$111 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,250 |
| Total Revenue | $29,092 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,936 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $31 |
| Other expenses | $0 |
| Total expenses | $19,102 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $353,733 |
| Other assets | $0 |
| Total assets | $353,733 |
| Total liabilities | $0 |
| Net assets or fund balances | $353,733 |
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