Elsie Miller Palmer And Ben A Mil Ler Scholarship Trust
- Assets
- $119.7k
- Revenue
- $1.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Waterloo, IA
- Founding
- 04/1983
- Data as of
- 12/2022
- EIN
- 42-1189787
Organization Overview
Elsie Miller Palmer And Ben A Mil Ler Scholarship Trust is located in Waterloo, IA. The organization was established in 1983. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elsie Miller Palmer And Ben A Mil Ler Scholarship 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 12/2022, Elsie Miller Palmer And Ben A Mil Ler Scholarship Trust generated $1.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $6.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 8 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 |
|---|---|---|---|
Lincoln Savings Bank Trustee | 0 | $0 | |
Erik Smith Superintendant Trustee | 0 | $0 | |
Ariel Patton Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500 |
| Interest on Savings | $633 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,133 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $18 |
| Other expenses | $0 |
| Total operating and administrative expenses | $357 |
| Contributions, gifts, grants paid | $6,300 |
| Total expenses and disbursements | $6,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $119,663 |
| 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 | $119,663 |
| 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, Elsie Miller Palmer And Ben A Mil Ler Scholarship Trust has awarded $6,300 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
PAUL BROCKETT PURPOSE: EXEMPT SCHOLARSHIP | $100 |
MAIA MCLEAN PURPOSE: EXEMPT SCHOLARSHIP | $400 |
BRANDON STROHBEHN PURPOSE: EXEMPT SCHOLARSHIP | $775 |
DRAKE BLAKESLEY PURPOSE: EXEMPT SCHOLARSHIP | $800 |
KATHRYN CLARK PURPOSE: EXEMPT SCHOLARSHIP | $300 |
EMMA FLESHNER PURPOSE: EXEMPT SCHOLARSHIP | $450 |