Lincoln Energy Trust
- Assets
- $178.7k
- Revenue
- $4.9k
- Investments
- $171.1k
- Employees
- 0
- Location
- Ruston, LA
- Founding
- 08/1984
- Data as of
- 04/2022
- EIN
- 74-2325803
Organization Overview
Lincoln Energy Trust is located in Ruston, LA. The organization was established in 1984. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lincoln Energy 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 04/2022, Lincoln Energy Trust generated $4.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $9.0k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 4 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 | $0 |
| Dividends & Interest | $3,880 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $995 |
| Capital Gain Net Income | $995 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,875 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,750 |
| 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 | $3,524 |
| Contributions, gifts, grants paid | $5,464 |
| Total expenses and disbursements | $8,988 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,602 |
| 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 | $178,728 |
| 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, Lincoln Energy Trust has awarded $5,464 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LINCOLN COUNCIL ON AGING PURPOSE: CHARITABLE DONATION | $5,038 |
CENTERPOINT ENERGY PURPOSE: PAY UTILITY BILLS FOR NEEDY INDIVIDUALS | $171 |
CITY OF RUSTON UTILITY DEPT PURPOSE: PAY UTILITY BILLS FOR NEEDY INDIVIDUALS | $130 |
CLAIBORNE ELECTRIC PURPOSE: PAY UTILITY BILLS FOR NEEDY INDIVIDUALS | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greenwood Forest Fund Inc Houston, TX | $1,412,340 | $1,023,038 |
Environmental Fund For Texas Austin, TX | $1,616,031 | $871,971 |
A Rocha Usa Inc Fredricksburg, TX | $336,734 | $827,733 |
Friends Of The Colorado River Foundation Inc Austin, TX | $564,261 | $653,928 |
Cca Texas Fund Houston, TX | $12,703,786 | $347,563 |
Great Outdoors Fund Dallas, TX | $73,389 | $230,171 |
Society For Serengeti Ecosystem Conservation Houston, TX | $18,215 | $0 |
Trust U-W William Brigham Dallas, TX | $0 | $43,500 |
Wichita Falls Streams And Valleys Inc Wichita Falls, TX | $146,596 | $0 |
Louisiana Forestry Foundation Alexandria, LA | $3,421,510 | $431,466 |
Bmps Inc Farmington, AR | $222,503 | $0 |
United Hunting Heritage International Kerrville, TX | $227,450 | $247,286 |