Nunn Charitable Tr
- Assets
- $701.0k
- Revenue
- $63.7k
- Investments
- $681.9k
- Employees
- 0
- Location
- Sweetwater, TX
- Founding
- 06/2010
- Data as of
- 12/2022
- EIN
- 26-6494838
Organization Overview
Nunn Charitable Tr is located in Sweetwater, TX. The organization was established in 2010. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Nunn 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, Nunn Charitable Tr generated $63.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.5% each year . All expenses for the organization totaled $60.5k during the year ending 12/2022. While expenses have increased by 3.7% 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $344 |
| Dividends & Interest | $15,000 |
| Net Rental Income | $2,990 |
| Net Gain on Sale of Assets | $45,094 |
| Capital Gain Net Income | $45,094 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $248 |
| Total Revenue | $63,676 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,862 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $505 |
| Depreciation | $34 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $11,651 |
| Contributions, gifts, grants paid | $48,839 |
| Total expenses and disbursements | $60,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,473 |
| 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 | $484,453 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $8,604 |
| Total assets | $701,022 |
| 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 | $2,100 |
| Total liabilities | $2,100 |
Grants Awarded
Over the last fiscal year, Nunn Charitable Tr has awarded $48,839 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST PRESBYTERIAN CHURCH PURPOSE: REQUIRED DISTRIBUTION TO RELIGIOUS ORGANIZATION ACCORDING TO THE TERMS OF THE TRUST INSTRUMENT. | $45,743 |
SWEETWATER COUNTY-CITY LIBRARY PURPOSE: REQUIRED DISTRIBUTION TO RELIGIOUS ORGANIZATION ACCORDING TO THE TERMS OF THE TRUST INSTRUMENT. | $1,548 |
PRESBYTERIAN CHILDREN'S HOMES SERVI PURPOSE: REQUIRED DISTRIBUTION TO RELIGIOUS ORGANIZATION ACCORDING TO THE TERMS OF THE TRUST INSTRUMENT. | $1,548 |