Integrity Bank & Trust Charitabletrust
- Assets
- $747.9k
- Revenue
- $211.3k
- Investments
- $713.7k
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 04/2007
- Data as of
- 09/2023
- EIN
- 20-5114651
Organization Overview
Integrity Bank & Trust Charitabletrust is located in Colorado Springs, CO. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Integrity Bank & Trust Charitabletrust 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 09/2023, Integrity Bank & Trust Charitabletrust generated $211.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $84.6k during the year ending 09/2023. While expenses have increased by 18.0% per year over the past 7 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.
Since 2015, Integrity Bank & Trust Charitabletrust has awarded 143 individual grants totaling $395,636. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $194,342 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,116 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,348 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $206 |
| Total Revenue | $211,316 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $174 |
| Taxes | $223 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,987 |
| Total operating and administrative expenses | $4,384 |
| Contributions, gifts, grants paid | $80,175 |
| Total expenses and disbursements | $84,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,332 |
| Savings and temporary cash investments | $32,923 |
| 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 | $2,796 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2 |
| Total assets | $747,931 |
| 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, Integrity Bank & Trust Charitabletrust has awarded $80,175 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION COLO CHAPTE PURPOSE: RESEARCH | $1,350 |
ANGELS OF AMERICA'S FALLEN PURPOSE: HOME LAKE VETERAN'S HOME IMPROVEMENTS | $400 |
COMBAT VETERANS MOTORCYCLE ASSOC PURPOSE: SPONSORSHIP OF POKER RUN FOR COMBAT VETERANS | $200 |
CROSSROADS MINISTRIES PURPOSE: GENERAL FUND CONTRIBUTION | $500 |
HOPE WALKS INC PURPOSE: CHARITABLE SPONSORSHIP-ANNUAL FUND RAISER | $2,500 |
MONUMENT HILL KIWANIS PURPOSE: SUPPORT FOR PARADE & GENERAL FUND SUPPORT | $5,000 |