Shea Fam Charitable Tr
- Assets
- $111.6k
- Revenue
- $10.0k
- Investments
- $109.1k
- Employees
- 0
- Location
- Storm Lake, IA
- Founding
- 03/2003
- Data as of
- 12/2023
- EIN
- 42-1515220
Organization Overview
Shea Fam Charitable Tr is located in Storm Lake, IA. The organization was established in 2003. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Shea Fam Charitable Tr 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 12/2023, Shea Fam Charitable Tr generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $39.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Shea Fam Charitable Tr has awarded 103 individual grants totaling $246,800. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $25 |
| Dividends & Interest | $8,353 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,661 |
| Capital Gain Net Income | $1,661 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,039 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $156 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,484 |
| Contributions, gifts, grants paid | $38,263 |
| Total expenses and disbursements | $39,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $696 |
| Savings and temporary cash investments | $1,772 |
| 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 | $109,083 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $111,551 |
| 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, Shea Fam Charitable Tr has awarded $38,263 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: CHARITY | $400 |
BUENA VISTA COUNTY SOIL & WATER PURPOSE: CHARITY | $1,500 |
BUENA VISTA HISTORICAL SOCIETY PURPOSE: CHARITY | $500 |
BUENA VISTA REGIONAL MEDICAL CENTER-WOMENS' CENTER-CIRCLE OF LIFE PURPOSE: CHARITY | $1,500 |
DIRECT RELIEF INTERNATIONAL PURPOSE: CHARITY | $1,400 |
FIRST PRESBYTERIAN CHURCH BILLINGS MT PURPOSE: CHARITY | $500 |