Charles J Spaid Trust 40 00 0215 0 Nect
- Assets
- $232.5k
- Revenue
- $12.2k
- Investments
- $228.2k
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 12/1970
- Data as of
- 12/2022
- EIN
- 04-6021286
Organization Overview
Charles J Spaid Trust 40 00 0215 0 Nect is located in Pennington, NJ. The organization was established in 1970. According to its NTEE Classification (B70) the organization is classified as: Libraries, 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.
For the year ending 12/2022, Charles J Spaid Trust 40 00 0215 0 Nect generated $12.2k 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 (7.9%) each year. All expenses for the organization totaled $15.6k 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 | $7,749 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,467 |
| Capital Gain Net Income | $4,467 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,216 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,051 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $845 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $1,931 |
| Contributions, gifts, grants paid | $13,633 |
| Total expenses and disbursements | $15,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206 |
| Savings and temporary cash investments | $4,108 |
| 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 | $228,230 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $232,544 |
| 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 |