Rush Family Charitable Tr
- Assets
- $410.9k
- Revenue
- $71.5k
- Investments
- $398.4k
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 08/2008
- Data as of
- 12/2022
- EIN
- 26-6167109
Organization Overview
Rush Family Charitable Tr is located in Colorado Springs, CO. The organization was established in 2008. 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. Rush Family Charitable Tr 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, Rush Family Charitable Tr generated $71.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $34.1k during the year ending 12/2022. While expenses have increased by 15.9% per year over the past 6 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, Rush Family Charitable Tr has awarded 31 individual grants totaling $103,674. 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 | $0 |
| Interest on Savings | $1,277 |
| Dividends & Interest | $13,606 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $56,334 |
| Capital Gain Net Income | $56,334 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $249 |
| Total Revenue | $71,466 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,017 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $148 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $131 |
| Total operating and administrative expenses | $4,021 |
| Contributions, gifts, grants paid | $30,038 |
| Total expenses and disbursements | $34,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,517 |
| 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 | $157,407 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $410,945 |
| 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 | $1 |
| Total liabilities | $1 |
Grants Awarded
Over the last fiscal year, Rush Family Charitable Tr has awarded $30,038 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
NEXUS INTERNATIONAL PURPOSE: OPERATING FUND DONATION | $2,108 |
CATHREDRAL ROCK CHURCH PURPOSE: OPERATING FUND DONATION | $2,500 |
REALITY MINISTRIES PURPOSE: OPERATING FUND DONATION | $5,007 |
FIRST TEE TRIANGLE PURPOSE: PROMOTE LIFE SKILLS IN YOUTH THROUGH GOLF | $5,007 |
SUMMIT MINISTRIES PURPOSE: GENERAL OPERATING FUND | $2,500 |
IBAT GOLF TOURNAMENT-SHIELD 616 PURPOSE: GENERAL OPERATING FUND | $5,808 |