Louis E May Trust Fbo
- Assets
- $739.8k
- Revenue
- $27.8k
- Investments
- $711.3k
- Employees
- 0
- Location
- Fremont, NE
- Founding
- 00/0000
- Data as of
- 09/2024
- EIN
- 36-3503571
Organization Overview
Louis E May Trust Fbo is located in Fremont, NE. The organization was established in 0000. According to its NTEE Classification (P27) the organization is classified as: Young Mens or Womens Associations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louis E May Trust Fbo 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 09/2024, Louis E May Trust Fbo generated $27.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $44.0k during the year ending 09/2024. As we would expect to see with falling revenues, expenses have declined by (11.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Us Bank Trustee | 1 | $6,132 | |
Rvr Bank Trustee | 1 | $2,086 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,374 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,436 |
| Capital Gain Net Income | $6,436 |
| Net ST Capital Gain | $6,436 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,810 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,174 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $525 |
| Total operating and administrative expenses | $5,844 |
| Contributions, gifts, grants paid | $38,126 |
| Total expenses and disbursements | $43,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,430 |
| 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 | $711,343 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $739,773 |
| 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 |