Dana B Gulley And James K Gulley Memorial Trust is located in Orlando, FL. 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. Dana B Gulley And James K Gulley Memorial 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 12/2021, Dana B Gulley And James K Gulley Memorial Trust generated $950.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (29.4%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. 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 | $470 | 
| Dividends & Interest | $7,609 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $942,231 | 
| Capital Gain Net Income | $942,231 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $950,310 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $15,422 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $35 | 
| Total operating and administrative expenses | $25,721 | 
| Contributions, gifts, grants paid | $2,156,349 | 
| Total expenses and disbursements | $2,182,070 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $0 | 
| 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 | $0 | 
| Other assets | $0 | 
| Total assets | $0 | 
| 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, Dana B Gulley And James K Gulley Memorial Trust has awarded $2,156,349 in support to 3 organizations.
| Grant Recipient | Amount | 
|---|---|
| SUNBEAM BAPTIST CHURCH PURPOSE: GENERAL OPERATING | $718,783 | 
| SAINT PAUL UNITED METHODIST PURPOSE: GENERAL OPERATING | $718,783 | 
| FIRST BAPTIST CHURCH OF PURPOSE: GENERAL OPERATING | $718,783 |