Orb Relief Tr
- Assets
- $7.8m
- Revenue
- $706.0k
- Investments
- $4.9m
- Employees
- 0
- Location
- Mesa, AZ
- Founding
- 08/2002
- Data as of
- 12/2023
- EIN
- 68-6199251
Organization Overview
Orb Relief Tr is located in Mesa, AZ. The organization was established in 2002. According to its NTEE Classification (B70) the organization is classified as: Libraries, 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. Orb Relief Tr 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, Orb Relief Tr generated $706.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $514.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Orb Relief Tr has awarded 25 individual grants totaling $1,136,442. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley M Flake Trustee | 15 | $0 | |
Lynne H Flake Trustee | 0 | $0 | |
Nathan Flake Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $225,874 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $127,701 |
| Capital Gain Net Income | $127,701 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $352,418 |
| Total Revenue | $705,993 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,749 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $314 |
| Total operating and administrative expenses | $21,685 |
| Contributions, gifts, grants paid | $492,794 |
| Total expenses and disbursements | $514,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $131,814 |
| 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 | $2,714,394 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,932,219 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,778,427 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $186,000 |
| 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 | $186,000 |
Grants Awarded
Over the last fiscal year, Orb Relief Tr has awarded $492,794 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
LDS CHURCH PURPOSE: GENERAL FUND | $183,000 |
BRIGHAM YOUNG UNIVERSITY PURPOSE: GENERAL PURPOSE | $200 |
WILLIAM J FLAKE HERITAGE FOUNDATION PURPOSE: FOUNDATION SUPPORT | $90,000 |
BOUNTIFUL CHILDREN'S FOUNDATION PURPOSE: GENERAL FUND | $85,695 |
STANFORD UNIVERSITY PURPOSE: HOOVER INSTITUTION DONATION | $50 |
BOUNTIFUL CHILDREN'S FOUNDATION PURPOSE: GENERAL FUND | $100,000 |