Walters Collegiate Institute
- Assets
- $333.8k
- Revenue
- $21.9k
- Investments
- $260.8k
- Employees
- 0
- Location
- Richmond, KY
- Founding
- 03/1965
- Data as of
- 12/2021
- EIN
- 61-6035705
Organization Overview
Walters Collegiate Institute is located in Richmond, KY. The organization was established in 1965. According to its NTEE Classification (B40) the organization is classified as: Higher Education, 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. Walters Collegiate Institute 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 12/2021, Walters Collegiate Institute generated $21.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $3.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
G Alan Long Director | 0 | $0 | |
Frank Brown Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $9,257 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,598 |
| Capital Gain Net Income | $12,598 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,862 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,311 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,611 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,151 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $67,835 |
| 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 | $260,831 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $333,817 |
| 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 |
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