Mclaughlin Educational Tr 001413
- Assets
- $256.6k
- Revenue
- $14.7k
- Investments
- $247.5k
- Employees
- 0
- Location
- Shippensburg, PA
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 45-6138807
Organization Overview
Mclaughlin Educational Tr 001413 is located in Shippensburg, PA. The organization was established in 0000. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations.
For the year ending 12/2022, Mclaughlin Educational Tr 001413 generated $14.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $24.0k during the year ending 12/2022. While expenses have increased by 7.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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 | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,733 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,985 |
| Capital Gain Net Income | $6,985 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,718 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,627 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,011 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,489 |
| Contributions, gifts, grants paid | $16,500 |
| Total expenses and disbursements | $23,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,112 |
| 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 | $247,530 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $256,642 |
| 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, Mclaughlin Educational Tr 001413 has awarded $16,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHHAMPTON COMMUNITY COLLEGE - BROOKE PURPOSE: SCHOLARSHIP | $2,750 |
JUNIATA COLLEGE - OLIVIA HENRY PURPOSE: SCHOLARSHIP | $2,750 |
SHIPPENSBURG UNIVERSITY - CORINNE MELLOT PURPOSE: SCHOLARSHIP | $5,500 |
LIBERTY UNIVERSITY - KENDYL TRUAX PURPOSE: SCHOLARSHIP | $5,500 |