James F Mccormick Jr Tr
- Assets
- $460.1k
- Revenue
- $11.5k
- Investments
- $449.4k
- Employees
- 0
- Location
- Westerly, RI
- Founding
- Data as of
- 12/2022
- EIN
- 05-6102102
Organization Overview
James F Mccormick Jr Tr is located in Westerly, RI.
For the year ending 12/2022, James F Mccormick Jr Tr generated $11.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (25.5%) each year. All expenses for the organization totaled $16.9k 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
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,560 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$63 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,497 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,030 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $479 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,109 |
| Contributions, gifts, grants paid | $7,834 |
| Total expenses and disbursements | $16,943 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,705 |
| 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 | $449,415 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $460,120 |
| 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, James F Mccormick Jr Tr has awarded $7,834 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MEMORIAL & LIBRARY ASSOCIATION PURPOSE: GENERAL OPERATING EXPENSES | $3,917 |
SAINT MICHAEL'S CHURCH PURPOSE: GENERAL OPERATING EXPENSES | $3,917 |