Muriel J Lile Charitable Tr
- Assets
- $749.0k
- Revenue
- $52.4k
- Investments
- $707.8k
- Employees
- 0
- Location
- Fenton, MI
- Founding
- Data as of
- 12/2021
- 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 12/2021, Muriel J Lile Charitable Tr generated $52.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (60.3%) each year. All expenses for the organization totaled $63.4k during the year ending 12/2021. 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 | $13,146 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,630 |
| Capital Gain Net Income | $38,630 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $650 |
| Total Revenue | $52,426 |
| 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 | $13,383 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $63,383 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,221 |
| 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 | $749,025 |
| 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 $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CENTERPOINT EDUCATIONAL FUND PURPOSE: TO PROVIDE FUNDS FOR EDUCATION, TUITION AID, SCHOLARSHIPS, AND FUTURE DEVELOPMENT OF FACILITIES AND PROGRAMS | $40,000 |
WIN MINISTRIES PURPOSE: TO PROVIDE FUNDS FOR EDUCATION, TUITION AID, SCHOLARSHIPS, AND FUTURE DEVELOPMENT OF FACILITIES AND PROGRAMS | $10,000 |
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