Manuel V Alvernaz Charitable Tr A is located in Fremont, CA.
For the year ending 12/2022, Manuel V Alvernaz Charitable Tr A generated $83.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 52.4% each year . All expenses for the organization totaled $139.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRUST INCOME DISTRIBUTIONS PAID TO CATHOLIC ASSN FOR SEMINARY EDUCATION FOR EDUCATION OF STUDENTS OF PRIESTHOOD
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $4,458 |
Interest on Savings | $0 |
Dividends & Interest | $28,863 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $50,542 |
Capital Gain Net Income | $50,542 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $83,863 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $10,370 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $4,185 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $26 |
Total operating and administrative expenses | $15,581 |
Contributions, gifts, grants paid | $124,173 |
Total expenses and disbursements | $139,754 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $26,548 |
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 | $178,206 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $666,117 |
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 |