Muriel J Lile Charitable Tr
- Assets
- $699.3k
- Revenue
- $12.7k
- Investments
- $631.9k
- Employees
- 0
- Location
- Fenton, MI
- Founding
- Data as of
- 12/2022
- EIN
- 84-6910802
Organization Overview
Muriel J Lile Charitable Tr is located in Fenton, MI. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2022, Muriel J Lile Charitable Tr generated $12.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (64.9%) each year. All expenses for the organization totaled $62.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,661 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,127 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,185 |
| Total Revenue | $12,719 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,484 |
| Contributions, gifts, grants paid | $51,990 |
| Total expenses and disbursements | $62,474 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,404 |
| 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 | $15,900 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $699,270 |
| 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, Muriel J Lile Charitable Tr has awarded $51,990 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SUNSET HILLS ASSOCIATION PURPOSE: TO PROVIDE FUNDS FOR EDUCATION, TUITION AID, SCHOLARSHIPS, AND FUTURE DEVELOPMENT OF FACILITIES AND PROGRAMS | $1,990 |
CENTERPOINT EDUCATIONAL FUND PURPOSE: TO PROVIDE FUNDS FOR EDUCATION, TUITION AID, SCHOLARSHIPS, AND FUTURE DEVELOPMENT OF FACILITIES AND PROGRAMS | $20,000 |
WIN MINISTRIES PURPOSE: TO PROVIDE FUNDS FOR EDUCATION, TUITION AID, SCHOLARSHIPS, AND FUTURE DEVELOPMENT OF FACILITIES AND PROGRAMS | $20,000 |
UGANDA CHRISTIAN UNIVERSITY PARTNERS PURPOSE: TO PROVIDE FUNDS FOR EDUCATION, TUITION AID, SCHOLARSHIPS, AND FUTURE DEVELOPMENT OF FACILITIES AND PROGRAMS | $10,000 |