General E R Quesada Educational
- Assets
- $5.0m
- Revenue
- $713.2k
- Investments
- $4.6m
- Employees
- 0
- Location
- Portland, ME
- Founding
- 01/1995
- Data as of
- 12/2023
- EIN
- 65-6154889
Organization Overview
General E R Quesada Educational is located in Portland, ME. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. General E R Quesada Educational 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, General E R Quesada Educational generated $713.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $441.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, General E R Quesada Educational has awarded 76 individual grants totaling $1,779,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter W Quesada Trustee | 0.5 | $0 | |
Thomas R Quesada Trustee | 0.5 | $0 | |
Strand O Quesada Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14,464 |
| Dividends & Interest | $151,308 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $547,441 |
| Capital Gain Net Income | $547,441 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $713,213 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $0 |
| Total operating and administrative expenses | $18,787 |
| Contributions, gifts, grants paid | $422,500 |
| Total expenses and disbursements | $441,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $373,677 |
| 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 | $4,982,283 |
| 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, General E R Quesada Educational has awarded $422,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
COLLEGE OF THE ATLANTIC PURPOSE: UNRESTRICTED | $20,000 |
COLLEGE OF THE HOLY CROSS PURPOSE: UNRESTRICTED | $20,000 |
ISLAND INSTITUTE PURPOSE: UNRESTRICTED | $12,500 |
MIDDLEBURY COLLEGE PURPOSE: UNRESTRICTED | $20,000 |
PRESIDENT AND FELLOWS OF HARVARD COLLEGE PURPOSE: UNRESTRICTED | $20,000 |
THE SMITH COLLEGE FUND PURPOSE: UNRESTRICTED | $20,000 |