Captain Richard Phillips And Lane Kirkland Maritime Trust Inc is located in Linthicum Heights, MD. The organization was established in 2016. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Captain Richard Phillips And Lane Kirkland Maritime Trust Inc 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 06/2023, Captain Richard Phillips And Lane Kirkland Maritime Trust Inc generated $527.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (63.7%) each year. All expenses for the organization totaled $13.4k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO ASSIST YOUTH IN PURSUING A CAREER IN THE UNITED STATES MERCHANT MARINE BY PROVIDING DISTRIBUTIONS TO MARITIME SCHOLARSHIP PROGRAMS AND DIRECT SCHOLARSHIPS AND GRANTS TO YOUTH ENTERING THE MARITIME INDUSTRY; TO PRESERVE AND INCREASE PUBLIC AWARENESS OF THE MARITIME INDUSTRY AND ITS LABOR AND HERITAGE ELEMENTS; AND TO HONOR THE ACCOMPLISHMENT OF MARITIME LABOR AND INDUSTRY THROUGH PRESERVATION OF ITS ARTIFACTS, MEMORABILIA, AND HISTORY. IN FY 2023, THE BOARD PASSED A MOTION TO ADOPT THE ARTICLES OF DISSOLUTION AND TERMINATE THE TRUST.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tony Chatman Director | 0.5 | $0 | |
Richard Phillips Director | 0.5 | $0 | |
Len Hering Director | 0.5 | $0 | |
Tom Donahue Director | 0.5 | $0 | |
John Baker Jr Director | 0.5 | $0 | |
Steve Werse Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $522 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $5 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $527 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,750 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $924 |
Total expenses | $13,401 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |