Charles D & Bessie L Hannan 1991 Education Trust is located in Las Vegas, NV. The organization was established in 1991. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Charles D & Bessie L Hannan 1991 Education 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 12/2022, Charles D & Bessie L Hannan 1991 Education Trust generated $3.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (33.8%) each year. All expenses for the organization totaled $26.7k during the year ending 12/2022. 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 | $10,239 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,206 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,033 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,002 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $657 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,656 |
| Contributions, gifts, grants paid | $19,002 |
| Total expenses and disbursements | $26,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,285 |
| 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 | $306,280 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $320,565 |
| 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 |
Over the last fiscal year, Charles D & Bessie L Hannan 1991 Education Trust has awarded $19,002 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF DETROIT JESUIT HS PURPOSE: SCHOLARSHIP FUND | $3,167 |
BISHOPS SCHOOL PURPOSE: SCHOLARSHIP FUND | $3,167 |
CATHOLIC CENTRAL HIGH SCHOOL PURPOSE: SCHOLARSHIP FUND | $3,167 |
DIOCESE OF SAN DIEGO PURPOSE: SCHOLARSHIP FUND | $3,167 |
LA JOLLA COUNTRY DAY SCHOOL PURPOSE: SCHOLARSHIP FUND | $3,167 |
ST FRANCES CABRINI HIGH SCHOOL PURPOSE: SCHOLARSHIP FUND | $3,167 |