J Bayard Snowden Insurance Trust
- Assets
- $197.8k
- Revenue
- $7.7k
- Investments
- $189.9k
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 06/1949
- Data as of
- 12/2023
- EIN
- 62-6033921
Organization Overview
J Bayard Snowden Insurance Trust is located in Orlando, FL. The organization was established in 1949. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. J Bayard Snowden Insurance 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 12/2023, J Bayard Snowden Insurance Trust generated $7.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $14.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 6 years. 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 | $124 |
| Dividends & Interest | $5,040 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,205 |
| Capital Gain Net Income | $2,205 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $295 |
| Total Revenue | $7,664 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,357 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,374 |
| Contributions, gifts, grants paid | $9,400 |
| Total expenses and disbursements | $14,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,904 |
| 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 | $127,264 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $197,829 |
| 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, J Bayard Snowden Insurance Trust has awarded $9,400 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF THE SOUTH PURPOSE: GENERAL OPERATING | $9,200 |
MARY GALLOWAY HOME PURPOSE: GENERAL OPERATING | $100 |
CHILDREN'S FOUNDATION OF MEMPHIS PURPOSE: GENERAL OPERATING | $100 |