Light Ranch At Old Snowmass Charitable Trust Inc
- Assets
- $968.1k
- Revenue
- $25.8k
- Investments
- $958.8k
- Employees
- 0
- Location
- Glenwood Springs, CO
- Founding
- 05/1998
- Data as of
- 12/2023
- EIN
- 84-1420992
Organization Overview
Light Ranch At Old Snowmass Charitable Trust Inc is located in Glenwood Springs, CO. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Light Ranch At Old Snowmass Charitable 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 12/2023, Light Ranch At Old Snowmass Charitable Trust Inc generated $25.8k 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 (12.9%) each year. All expenses for the organization totaled $66.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Light Ranch At Old Snowmass Charitable Trust Inc has awarded 75 individual grants totaling $207,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger D Maggard President | 1 | $0 | |
Joe R Hood Secretary/treasurer | 0.25 | $0 | |
Anne Marie Mcphee Secretary | 0.25 | $0 | |
Sara Dunn Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,995 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$160 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,835 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $506 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $21,387 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $66,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,172 |
| 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 | $1,094 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $958,829 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $968,095 |
| Accounts payable and accrued expenses | $3,375 |
| 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 | $3,375 |
Grants Awarded
Over the last fiscal year, Light Ranch At Old Snowmass Charitable Trust Inc has awarded $45,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
SEBASTIAN COLE DEL CID PURPOSE: SCHOLARSHIP FOR UNDERGRADUATE STUDIES (PAID DIRECTLY TO UNIVERSITY) | $2,000 |
GIESELLE CONTRERAS ANDRADE PURPOSE: SCHOLARSHIP FOR UNDERGRADUATE STUDIES (PAID DIRECTLY TO UNIVERSITY) | $4,000 |
JETT SHAW PURPOSE: SCHOLARSHIP FOR UNDERGRADUATE STUDIES (PAID DIRECTLY TO UNIVERSITY) | $3,000 |
ELLA LAHEY PURPOSE: SCHOLARSHIP FOR UNDERGRADUATE STUDIES (PAID DIRECTLY TO UNIVERSITY) | $2,000 |
MEGAN HEATH PURPOSE: SCHOLARSHIP FOR UNDERGRADUATE STUDIES (PAID DIRECTLY TO UNIVERSITY) | $2,000 |
CONNOR HOFFMAN PURPOSE: SCHOLARSHIP FOR UNDERGRADUATE STUDIES (PAID DIRECTLY TO UNIVERSITY) | $3,000 |