A B Lane Charitable Trust
- Assets
- $1.3m
- Revenue
- $127.5k
- Investments
- $1.3m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 00/0000
- Data as of
- 08/2023
- EIN
- 59-6719811
Organization Overview
A B Lane Charitable Trust is located in Las Vegas, NV. The organization was established in 0000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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.
For the year ending 08/2023, A B Lane Charitable Trust generated $127.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $108.5k during the year ending 08/2023. While expenses have increased by 2.2% 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.
Since 2020, A B Lane Charitable Trust has awarded 16 individual grants totaling $316,988. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $44,958 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $82,500 |
| Capital Gain Net Income | $82,500 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $127,458 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,371 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,144 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6 |
| Total operating and administrative expenses | $26,541 |
| Contributions, gifts, grants paid | $81,994 |
| Total expenses and disbursements | $108,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,814 |
| 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 | $1,009,788 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,334,535 |
| 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, A B Lane Charitable Trust has awarded $81,994 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SAINT PAULS PARISH PURPOSE: GENERAL OPERATING PURPOSES | $2,727 |
BETHESDA BY THE SEA PURPOSE: GENERAL OPERATING PURPOSES | $13,667 |
PALM BEACH UNITED WAY INC PURPOSE: GENERAL OPERATING PURPOSES | $10,933 |
PALM HEALTHCARE FOUNDATION INC PURPOSE: GENERAL OPERATING PURPOSES | $54,667 |