Herford N Elliot Trust is located in Pittsburgh, PA. The organization was established in 1992. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Herford N Elliot 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 08/2023, Herford N Elliot Trust generated $537.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.4% each year . All expenses for the organization totaled $305.6k during the year ending 08/2023. While expenses have increased by 3.3% 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $110,466 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $426,807 | 
| Capital Gain Net Income | $426,807 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $537,273 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $49,214 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $12,347 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $70 | 
| Total operating and administrative expenses | $61,631 | 
| Contributions, gifts, grants paid | $243,937 | 
| Total expenses and disbursements | $305,568 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $479,423 | 
| 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 | $3,486,734 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $3,966,157 | 
| 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 |