Hastings Catholic Schools Trust
- Assets
- $1.3m
- Revenue
- $57.5k
- Investments
- $1.3m
- Employees
- 0
- Location
- Hastings, NE
- Founding
- 05/1986
- Data as of
- 03/2022
- EIN
- 47-6140497
Organization Overview
Hastings Catholic Schools Trust is located in Hastings, NE. The organization was established in 1986. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Hastings Catholic Schools 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 03/2022, Hastings Catholic Schools Trust generated $57.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $64.3k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 6 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 |
|---|---|---|---|
Brian Bassett Director | 0 | $0 | |
Michael Butler Director | 0 | $0 | |
Michael Sullivan Signature Of | 1 | $0 | |
Scott Kvols Director | 0 | $0 | |
Steve Kindig Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $700 |
| Interest on Savings | $0 |
| Dividends & Interest | $59,170 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,362 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $57,508 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $250 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,729 |
| Contributions, gifts, grants paid | $51,607 |
| Total expenses and disbursements | $64,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,585 |
| 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 | $1,344,382 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,346,967 |
| 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 Hastings Catholic Schools Trust has recieved totaling $59,684.
| Awarding Organization | Amount |
|---|---|
Hastings Community Foundation Inc Hastings, NE PURPOSE: GENERAL OPERATIONS | $59,684 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grinnell College Medical Benefit Plan Trust Agreement Grinnell, IA | $11,174,588 | $9,791,771 |
Colorado Mesa University Foundation Grand Junciton, CO | $51,533,089 | $12,141,497 |
Dsst Public Schools Foundation Denver, CO | $32,542,761 | $13,664,687 |
Casper College Foundation Casper, WY | $118,882,238 | $11,522,950 |
Colorado State University-Pueblo Foundation Pueblo, CO | $68,008,177 | $8,127,637 |
Iowa State University Research Park Corp Ames, IA | $68,199,725 | $11,124,615 |
Pittsburg State University Foundation Inc Pittsburg, KS | $127,952,768 | $13,650,196 |
University Of Central Missouri Foundation Warrensburg, MO | $77,602,876 | $17,903,644 |
K-State Olathe Innovation Campus Inc Olathe, KS | $45,049,185 | $10,222,325 |
Nebraska Defense Research Corporation Lincoln, NE | $12,097,402 | $14,649,208 |
Denver Public Library Friends Foundation Denver, CO | $13,953,540 | $6,255,598 |
Colorado Mountain College Foundation Inc Glenwood Springs, CO | $24,720,548 | $6,420,205 |