Cecil C & Laura C Higdon Charitable Tr
- Assets
- $353.0k
- Revenue
- $27.3k
- Investments
- $332.0k
- Employees
- 0
- Location
- Jackson, MS
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 63-6173009
Organization Overview
Cecil C & Laura C Higdon Charitable Tr is located in Jackson, MS. The organization was established in 0000.
For the year ending 12/2022, Cecil C & Laura C Higdon Charitable Tr generated $27.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $24.4k during the year ending 12/2022. While expenses have increased by 9.2% per year over the past 6 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 | $8,615 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,681 |
| Capital Gain Net Income | $18,681 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,296 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,375 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,944 |
| Total operating and administrative expenses | $5,969 |
| Contributions, gifts, grants paid | $18,408 |
| Total expenses and disbursements | $24,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $21,047 |
| 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 | $331,958 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $353,005 |
| 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, Cecil C & Laura C Higdon Charitable Tr has awarded $18,408 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BERMUDA UNITED METHODIST CHURCH PURPOSE: GENERAL SUPPORT | $6,136 |
JAY UNITED METHODIST CHURCH PURPOSE: GENERAL SUPPORT | $6,136 |
FIRST BAPTIST CHURCH PURPOSE: GENERAL SUPPORT | $6,136 |