Enoch Trust is located in Dallas, TX. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Enoch Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Enoch Trust generated $16.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 29.7% each year . All expenses for the organization totaled $7.1m during the year ending 12/2022. While expenses have increased by 2.1% 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Walter President/director | 3 | $0 | |
Jennifer L Walter Secretary/director | 3 | $0 | |
Joseph Walter Executive Director | 16 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,659,300 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,677,877 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,375,539 |
| Capital Gain Net Income | $4,375,539 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $305,770 |
| Total Revenue | $16,018,486 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $5,698 |
| Taxes | $210,216 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $353,835 |
| Total operating and administrative expenses | $601,192 |
| Contributions, gifts, grants paid | $6,498,266 |
| Total expenses and disbursements | $7,099,458 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,165 |
| Savings and temporary cash investments | $3,376,859 |
| 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 | $129,082,558 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,189,520 |
| Total assets | $139,655,102 |
| 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 |