Bill A & Irene M Adkins Charitable Remainder Unitrust
- Assets
- $430.9k
- Revenue
- $26.7k
- Investments
- $430.9k
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 09/2016
- Data as of
- 12/2022
- EIN
- 90-1072815
Organization Overview
Bill A & Irene M Adkins Charitable Remainder Unitrust is located in Richmond, VA. The organization was established in 2016. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2022, Bill A & Irene M Adkins Charitable Remainder Unitrust generated $26.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $26.7k during the year ending 12/2022. While expenses have increased by 2.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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 | $12,711 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,968 |
| Capital Gain Net Income | $13,968 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,679 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,759 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,033 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,492 |
| Contributions, gifts, grants paid | $21,165 |
| Total expenses and disbursements | $26,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $430,904 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $430,904 |
| 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, Bill A & Irene M Adkins Charitable Remainder Unitrust has awarded $21,165 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BAPTIST GENERAL ASSOCIATION OF VA PURPOSE: RELIGIOUS | $5,291 |
GUIDEPOST PURPOSE: RELIGIOUS | $5,291 |
HOPETREE FAMILY SERVICES PURPOSE: RELIGIOUS | $5,292 |
STARLING AVENUE BAPTIST CHURCH PURPOSE: RELIGIOUS | $5,291 |