Ralph & Virginia Homan Memorial Trust Fund
- Assets
- $164.5k
- Revenue
- $12.4k
- Investments
- $164.0k
- Employees
- 0
- Location
- Wheeling, WV
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 61-6156315
Organization Overview
Ralph & Virginia Homan Memorial Trust Fund is located in Wheeling, WV. The organization was established in 0000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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.
For the year ending 12/2022, Ralph & Virginia Homan Memorial Trust Fund generated $12.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $15.2k during the year ending 12/2022. While expenses have increased by 5.0% per year over the past 4 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,206 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,189 |
| Capital Gain Net Income | $8,189 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,395 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,248 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $922 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,500 |
| Contributions, gifts, grants paid | $11,688 |
| Total expenses and disbursements | $15,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$3,988 |
| Savings and temporary cash investments | $4,476 |
| 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 | $164,035 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $164,523 |
| 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 |