Laura Sullivan Memorial Trust
- Assets
- $59.5k
- Revenue
- $5.1k
- Investments
- $59.5k
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 12/1970
- Data as of
- 03/2022
- EIN
- 75-6052367
Organization Overview
Laura Sullivan Memorial Trust is located in Birmingham, AL. The organization was established in 1970. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laura Sullivan Memorial 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 03/2022, Laura Sullivan Memorial Trust generated $5.1k 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 (5.0%) each year. All expenses for the organization totaled $5.8k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,611 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,445 |
| Capital Gain Net Income | $3,445 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,056 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,466 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $34 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,500 |
| Contributions, gifts, grants paid | $3,265 |
| Total expenses and disbursements | $5,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29 |
| 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 | $59,470 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $59,499 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Xchange Organization Chattanooga, TN | $1,371,698 | $1,766,073 |
Student American International Incorporated Davie, FL | $69,991 | $592,894 |
Destino Dell Reino Inc Evans, GA | $1,004,583 | $591,968 |
Hope Yucatan Inc Duluth, GA | $14,437 | $215,157 |
Equip The Nations Inc Kennesaw, GA | $888 | $0 |
Global Gateways Jackson, MS | $96,191 | $0 |
The Friendship Association Inc St Augustine, FL | $60,875 | $44,626 |
Bahrianyj Foundation Fort Myers, FL | $63,444 | $0 |
International Foundation For The Arts Inc Arts Inc Palm Beach, FL | $0 | $0 |
Voluntarios Por Colombia En Georgia Norcross, GA | $0 | $31,617 |
We Evolve Global Foundation Inc Weston, FL | $43,566 | $0 |
World Association For Vedic Studies Alpharetta, GA | $23,625 | $0 |