Sherman Michael Anderson Tr Inc is located in Washington, DC. The organization was established in 1993. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Sherman Michael Anderson Tr Inc 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, Sherman Michael Anderson Tr Inc generated $5.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (56.4%) each year. All expenses for the organization totaled $15.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24 |
| Dividends & Interest | $5,478 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$324 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,178 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $124 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,395 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $15,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,089 |
| Savings and temporary cash investments | $7,201 |
| Net Accounts receivable | $16 |
| 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 | $57 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $207,267 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $238,630 |
| 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 |
Over the last fiscal year, Sherman Michael Anderson Tr Inc has awarded $14,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
EMORY UNIVERSITY PURPOSE: THEOLOGY SCHOLARSHIP | $1,000 |
THE CARTER CENTER PURPOSE: GENERAL PURPOSE | $6,500 |
NATIONAL ALLIANCE ON MENTAL ILLNESS PURPOSE: GENERAL PURPOSE | $250 |
APPLACHIAN STATE UNIVERSITY PURPOSE: SCHOLARSHIP FUND | $2,500 |
DOCTOR'S WITHOUT BORDERS PURPOSE: GENERAL PURPOSE | $1,500 |
HABITAT FOR HUMANITY PURPOSE: GENERAL PURPOSE | $250 |