Carol Basom Testamentary Tr Pace
- Assets
- $219.0k
- Revenue
- $15.5k
- Investments
- $213.0k
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 38-6854386
Organization Overview
Carol Basom Testamentary Tr Pace is located in Detroit, MI. The organization was established in 0000.
For the year ending 12/2022, Carol Basom Testamentary Tr Pace generated $15.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $17.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Carol Basom Testamentary Tr Pace has awarded 36 individual grants totaling $105,332. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,916 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,616 |
| Capital Gain Net Income | $11,616 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,532 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $544 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,068 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $17,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,976 |
| 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 | $218,998 |
| 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 Awarded
Over the last fiscal year, Carol Basom Testamentary Tr Pace has awarded $10,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CYSTIC FIBR FOUNDRAINBOW CHAPT PURPOSE: DAILY OPERATIONAL SUPPORT | $2,000 |
JUVENILE DIABETES RESEARCH FOUND PURPOSE: DAILY OPERATIONAL SUPPORT | $2,000 |
HUMANE SOCIETY OF GREATER AKRON PURPOSE: DAILY OPERATIONAL SUPPORT | $2,000 |
BATTERERED WOMEN'S SHELTER PURPOSE: DAILY OPERATIONAL SUPPORT | $2,000 |
ASHE COUNTY SCHOOLS PURPOSE: DAILY OPERATIONAL SUPPORT | $1,000 |
ALLEGHANY COUNTY EDUCATIONAL PURPOSE: DAILY OPERATIONAL SUPPORT | $1,000 |