Raeburn E Barnes Estate Trust is located in Sidney, OH. The organization was established in 0000. 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.
For the year ending 12/2023, Raeburn E Barnes Estate Trust generated $623.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $185.1k during the year ending 12/2023. While expenses have increased by 2.2% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
WILSON MEMORIAL HOSPITAL BEQUEST
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Watkins Trustee | 0 | $12,506 | |
Norman P Smith Trustee | 0 | $12,506 | |
Stanley R Evans Trustee | 0 | $12,507 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,751 |
| Dividends & Interest | $82,615 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $409,899 |
| Capital Gain Net Income | $79,127 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $125,380 |
| Total Revenue | $623,645 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $37,519 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,628 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $43,987 |
| Total operating and administrative expenses | $184,052 |
| Contributions, gifts, grants paid | $1,000 |
| Total expenses and disbursements | $185,052 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,717 |
| Savings and temporary cash investments | $201,668 |
| Net Accounts receivable | $12,151 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $4,653,947 |
| 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 | $0 |
| Other assets | $8,449 |
| Total assets | $9,406,377 |
| Accounts payable and accrued expenses | $45,458 |
| 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 | $45,458 |