Salvation Army Trust Created By Thomas F Seay 02-1124301
- Assets
- $1.1m
- Revenue
- $54.2k
- Investments
- $1.1m
- Employees
- 0
- Location
- Po Box Chica, IL
- Founding
- 03/1996
- Data as of
- 11/2021
- EIN
- 36-7127526
Organization Overview
Salvation Army Trust Created By Thomas F Seay 02-1124301 is located in Po Box Chica, IL. The organization was established in 1996. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, 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. Salvation Army Trust Created By Thomas F Seay 02-1124301 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 11/2021, Salvation Army Trust Created By Thomas F Seay 02-1124301 generated $54.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $66.2k during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (18.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,758 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,460 |
| Capital Gain Net Income | $30,460 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,172 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $653 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $19,340 |
| Contributions, gifts, grants paid | $46,865 |
| Total expenses and disbursements | $66,205 |
| 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 | $8,031 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,081,569 |
| 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 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Salvation Army Trust Created By Thomas F Seay 02-1124301 has recieved totaling $64,000.
| Awarding Organization | Amount |
|---|---|
Americas Food Bank Des Plaines, IL PURPOSE: GENERAL SUPPORT | $64,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coalition For The Homeless Louisville, KY | $2,693,256 | $7,398,778 |
Morning Star Mission Ministries Joliet, IL | $8,251,113 | $7,988,362 |
Facing Forward To End Homelessness Chicago, IL | $3,939,429 | $6,966,734 |
South Suburban Council On Homelessness Mokena, IL | $151,033 | $4,375,749 |
Inspiration Corporation Chicago, IL | $3,598,535 | $5,094,126 |
Inner Voice Incorporated Chicago, IL | $1,141,501 | $3,883,982 |
Hillcrest Ministries Of Midamerica Inc Kansas City, MO | $6,469,883 | $4,066,615 |
Aurora Inc Evansville, IN | $1,313,809 | $3,511,663 |
Homeless Assistance Leadership Organization Incorporated Racine, WI | $4,400,299 | $2,971,990 |
Harrison County Community Services Inc Corydon, IN | $1,388,088 | $2,796,413 |
The Road Home Dane County Madison, WI | $9,003,518 | $3,068,348 |
Midwest Shelter For Homeless Veterans Inc Wheaton, IL | $3,037,273 | $2,711,289 |