Lon & Jessie Rogers Educational Tr 3402161800
- Assets
- $11.3m
- Revenue
- $708.0k
- Investments
- $9.2m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/1972
- Data as of
- 09/2023
- EIN
- 61-6019469
Organization Overview
Lon & Jessie Rogers Educational Tr 3402161800 is located in Chicago, IL. The organization was established in 1972. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Lon & Jessie Rogers Educational Tr 3402161800 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 09/2023, Lon & Jessie Rogers Educational Tr 3402161800 generated $708.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $745.2k during the year ending 09/2023. While expenses have increased by 5.6% per year over the past 5 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.
Since 2018, Lon & Jessie Rogers Educational Tr 3402161800 has awarded 177 individual grants totaling $2,705,595. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $359,552 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $266,337 |
| Capital Gain Net Income | $266,337 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $82,095 |
| Total Revenue | $707,984 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $125,040 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,083 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $31,419 |
| Total operating and administrative expenses | $172,294 |
| Contributions, gifts, grants paid | $572,952 |
| Total expenses and disbursements | $745,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $328,284 |
| 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 | $1,712,696 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $628,675 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $28,998 |
| Total assets | $11,313,114 |
| 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, Lon & Jessie Rogers Educational Tr 3402161800 has awarded $572,952 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
SAMANTHA COFFEY PURPOSE: SCHOLARSHIP | $37,500 |
KRISTOPHER WOOD PURPOSE: SCHOLARSHIP | $38,500 |
JACOB SPONEL PURPOSE: SCHOLARSHIP | $34,900 |
RILEY BROWN PURPOSE: SCHOLARSHIP | $8,100 |
LESLIE HARRIS PURPOSE: SCHOLARSHIP | $10,800 |
PIERCE MASON PURPOSE: SCHOLARSHIP | $36,200 |