Reno O Schumann Educational Trust
- Assets
- $107.6k
- Revenue
- $11.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Braunfels, TX
- Founding
- 08/1977
- Data as of
- 12/2021
- EIN
- 74-6248871
Organization Overview
Reno O Schumann Educational Trust is located in New Braunfels, TX. The organization was established in 1977. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Reno O Schumann Educational 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 12/2021, Reno O Schumann Educational Trust generated $11.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (52.2%) each year. All expenses for the organization totaled $6.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Calvin Henze Trustee | 0 | $0 | |
Daryl Higgins Trustee | 0 | $0 | |
Richard Budolfson Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11 |
| 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 | $190 |
| Total operating and administrative expenses | $855 |
| Contributions, gifts, grants paid | $5,994 |
| Total expenses and disbursements | $6,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $107,631 |
| 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 | $107,631 |
| 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, Reno O Schumann Educational Trust has awarded $5,994 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BRIAN COULOMBE PURPOSE: EDUCATIONAL | $1,199 |
JENNA BUCK PURPOSE: EDUCAATIONAL | $1,199 |
SYDNEY OBERG PURPOSE: EDUCATIONAL | $1,199 |
KATHERINE BROWN PURPOSE: EDUCATIONAL | $1,199 |
MEREAH ROSE HOWARD PURPOSE: EDUCATIONAL | $1,198 |
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|---|---|---|
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Harmony Education Foundation Houston, TX | $114,104,071 | $8,179,563 |
Mc Neese State University Foundation Lake Charles, LA | $101,832,401 | $15,814,029 |
University Of Houston Law Foundation Houston, TX | $45,914,455 | $12,108,059 |
The Texas A & M University Commerce Foundation Commerce, TX | $38,245,128 | $4,326,106 |
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Lsu Real Estate And Facilities Foundation Baton Rouge, LA | $27,883,351 | $21,043,945 |
Alamo Colleges Foundation Inc San Antonio, TX | $77,782,031 | $21,582,510 |
Plumbers And Steamfitters Health Welfare And Educational Fund Metairie, LA | $10,022,630 | $8,551,794 |
Mary R Gallaspy Charitable Trust No Two Natchitoches, LA | $32,819,833 | $7,568,243 |
Texas Music Educators Association Inc Austin, TX | $10,305,852 | $5,351,237 |
Texas High School Rodeo Association Inc Center, TX | $1,481,050 | $6,538,446 |