Oletha C Likins And Loren E Likins Perpetual Memorial Trust
- Assets
- $1.2m
- Revenue
- $66.6k
- Investments
- $1.2m
- Employees
- 0
- Location
- Torrington, WY
- Founding
- 06/1994
- Data as of
- 12/2022
- EIN
- 83-6041098
Organization Overview
Oletha C Likins And Loren E Likins Perpetual Memorial Trust is located in Torrington, WY. The organization was established in 1994. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oletha C Likins And Loren E Likins Perpetual 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 12/2022, Oletha C Likins And Loren E Likins Perpetual Memorial Trust generated $66.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $21.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Oletha C Likins And Loren E Likins Perpetual Memorial Trust has awarded 22 individual grants totaling $260,783. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Dewitt Trustee | 1 | $0 | |
Richard Glandt President | 1 | $0 | |
Melvin Gable Secretary | 1 | $0 | |
Casey Essert Trustee | 1 | $0 | |
Mark Jespersen Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $65,587 |
| 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 | $1,024 |
| Total Revenue | $66,611 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,170 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $5,040 |
| Contributions, gifts, grants paid | $16,500 |
| Total expenses and disbursements | $21,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,860 |
| 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 | $2,918 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,228,412 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $17,044 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,044 |
Grants Awarded
Over the last fiscal year, Oletha C Likins And Loren E Likins Perpetual Memorial Trust has awarded $16,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TORRINGTON LODGE 29 AF PURPOSE: NECESSARY IMPROVEMENTS | $4,000 |
UNIVERSITY OF NEVADA LAS PURPOSE: SCHOLARSHIP | $12,500 |