J Herman Isner Trust
- Assets
- $996.3k
- Revenue
- $417.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Kerens, WV
- Founding
- 09/1984
- Data as of
- 01/2024
- EIN
- 31-1101724
Organization Overview
J Herman Isner Trust is located in Kerens, WV. The organization was established in 1984. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. J Herman Isner 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 01/2024, J Herman Isner Trust generated $417.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 31.3% each year . All expenses for the organization totaled $115.4k during the year ending 01/2024. While expenses have increased by 12.6% per year over the past 9 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 2018, J Herman Isner Trust has awarded 40 individual grants totaling $406,126. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
MODEL DEMONSTRATION FARM FOR THE INQUIRING PUBLIC AND CONTRIBUTION TO 501C3YOUTH ORGANIZATIONS AND AGRICULTURE SUPPORTING ENTITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Kyle Trustee | 15 | $7,200 | |
Terry N Gould Trustee | 5 | $7,200 | |
Patrick A Nichols Trustee | 4 | $7,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $417,024 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $417,024 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,600 |
| Other employee salaries and wages | $4,420 |
| Pension plans, employee benefits | $0 |
| Interest | $3,623 |
| Taxes | $338 |
| Depreciation | $31,832 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,045 |
| Total operating and administrative expenses | $90,358 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $115,358 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,713 |
| Savings and temporary cash investments | $132,389 |
| 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 | $0 |
| Net Land, buildings, and equipment | $411,211 |
| Other assets | $400,000 |
| Total assets | $996,313 |
| Accounts payable and accrued expenses | $23 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $150,000 |
| Other liabilities | -$786 |
| Total liabilities | $149,237 |
Grants Awarded
Over the last fiscal year, J Herman Isner Trust has awarded $25,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
TUCKER COUNTY 4-H ADMINISTRAION PURPOSE: YOUTH FFA | $2,000 |
CORTLAND ACRES ASSOC PURPOSE: HONORARIUN TO FARM COMMUNITY | $5,000 |
BCA PURPOSE: YOUTH HORTICULTURE PROJECT | $1,500 |
CAMP PIONEER PURPOSE: AGRICULTURE 4-H CAMP FOR YOUTH | $15,000 |
UPSHUR CO AGRICULTURE YOUTH ASSOC PURPOSE: AGRICULTURE YOUTH LIVESTOCK ASSOC | $1,500 |