Burcal Family Educational Tr
- Assets
- $887.7k
- Revenue
- $25.9k
- Investments
- $887.7k
- Employees
- 0
- Location
- Cornelius, NC
- Founding
- 01/2018
- Data as of
- 12/2023
- EIN
- 82-6531165
Organization Overview
Burcal Family Educational Tr is located in Cornelius, NC. The organization was established in 2018. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Burcal Family Educational Tr 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 12/2023, Burcal Family Educational Tr generated $25.9k 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 (39.3%) each year. All expenses for the organization totaled $28.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
NONE
NONE
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary B Burcal Trustee | 0 | $0 | |
Robert G Burcal Trustee | 0 | $0 | |
John H Burcal Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $138 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,716 |
| 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 | $25,854 |
| 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 | $0 |
| Total operating and administrative expenses | $138 |
| Contributions, gifts, grants paid | $28,166 |
| Total expenses and disbursements | $28,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| 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 | $887,654 |
| 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, Burcal Family Educational Tr has awarded $28,166 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNC-CHAPEL HILL CASHIER'S OFFICE PURPOSE: TO FURTHER THE GRADUATE EDUCATION OF THE RECIPIENT | $25,000 |
EASTERN CAROLINA UNIVERSITY CASHIER'S OFFICE PURPOSE: FOR THE UNDERGRADUATE EDUCATION OF THE RECIPIENT | $3,166 |