R W Schluter Educational Tr is located in New Orleans, LA. The organization was established in 0000. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations.
For the year ending 12/2022, R W Schluter Educational Tr generated $3.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $5.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS ARE PROVIDED FOR GRADUATES OF OCEAN SPRINGS HIGH SCHOOL, OCEAN SPRINGS, MS, AS WELL AS ADDITIONAL HIGH SCHOOLS OF OCEAN SPRINGS, MS BASED ON A FINANCIAL NEED BASIS
AND ACADEMIC PERFORMANCE. THE SCHOLARSHIPS ARE TO ASSIST THE GRADUATES WITH THEIR HIGHER EDUCATION.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $1,242 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $2,333 |
Capital Gain Net Income | $2,333 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $3,575 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $2,970 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $212 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $4,957 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $4,957 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,779 |
Savings and temporary cash investments | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $71,358 |
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 |
Over the last fiscal year, R W Schluter Educational Tr has awarded $4,025 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
UNIVERSITY OF SOUTHERN MS PURPOSE: SCHOLARSHIP TO GRADUATES | $805 |
MISSISSIPPI STATE UNIVERSITY PURPOSE: SCHOLARSHIP TO GRADUATES | $2,415 |
UNIVERSITY OF MISSISSIPPI PURPOSE: SCHOLARSHIP TO GRADUATES | $805 |