Walter Spohn Trust Inc
- Assets
- $189.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sykesville, MD
- Founding
- 07/2018
- Data as of
- 12/2022
- EIN
- 82-3997332
Organization Overview
Walter Spohn Trust Inc is located in Sykesville, MD. The organization was established in 2018. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walter Spohn 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 12/2022, Walter Spohn Trust Inc generated $10.7k 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 (44.2%) each year. All expenses for the organization totaled $18.2k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
OUR MISSION IS TO ADVANCE CLINICAL AND PRACTICAL EDUCATION AND SCIENTIFIC RESEARCH IN SUPPORT OF PATIENT CARE IN THE FIELD OF ANAPLASTOLOGY.OUR VISION IS TO BE RECOGNIZED AS AN IMPORTANT SOURCE FOR FUNDING ADVANCED LEARNING IN THE FIELD OF ANAPLASTOLOGY AND TO FORM PARTNERSHIPS WITH BUSINESS, INDUSTRY, HEALTH EDUCATION ORGANIZATIONS, AND HEALTH CARE INSTITUTIONS; THESE PARTNERS WILL HELP PROMOTE OUR MISSION TO A WIDER RANGE OF PRIVATE AND PUBLIC DONORS.THE WALTER SPOHN TRUST PROVIDES FINANCIAL SUPPORT TO INDIVIDUALS AND RESEARCH GROUPS INITIATING EDUCATIONAL AND RESEARCH PROJECTS TO ADVANCE THE FIELD OF ANAPLASTOLOGY.THE WST WORKS TO ACHIEVE ITS GOALS THROUGH ITS ANNUAL GRANT PROGRAM, SPECIAL AWARDS AND SCHOLARSHIPS, AND FUNDRAISING EVENTS LIKE THE OTOART PROJECT AND THE WORTHWHILE MILE FUNDRAISER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michaela Calhoun Director | 2 | $0 | |
Erin Stevens Director | 2 | $0 | |
Chelsea Lillo Director | 2 | $0 | |
Megan Spindel Thomas Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,833 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,812 |
| Gain or Loss | $10 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,655 |
| 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 | $2,441 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,494 |
| Total expenses | $18,203 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $189,146 |
| Other assets | $0 |
| Total assets | $189,146 |
| Total liabilities | $0 |
| Net assets or fund balances | $189,146 |