Citizenship Trust
- Assets
- $57.1m
- Revenue
- $20.2m
- Investments
- $0.0
- Employees
- 30
- Location
- Montevallo, AL
- Founding
- 08/1996
- Data as of
- 09/2023
- EIN
- 63-1155922
Organization Overview
Citizenship Trust is located in Montevallo, AL. The organization was established in 1996. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 09/2023, Citizenship Trust employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Citizenship 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 09/2023, Citizenship Trust generated $20.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $5.0m during the year ending 09/2023. While expenses have increased by 2.8% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SERVES AS AN EDUCATIONAL INSTITUTION WHOSE MISSION IS TO STRENGTHEN ANDRENEW THE FOUNDATIONS OF AMERICAN LIBERTY AND SELF-GOVERNMENT BY ENGAGINGAND INSPIRING CITIZENS AND LEADERS, WITH A SPECIAL EMPHASIS ON PROGRAMS FORYOUNG PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENHANCE AND PROMOTE CITIZENSHIP EDUCATION OF YOUNG PEOPLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Logan Ganey CFO | Officer | 40 | $92,438 |
Alan Miller Ceo/ex Offic | Officer | 40 | $69,865 |
Name Not Listed Founder/pres | Officer | 40 | $71,935 |
Dr Geri Albright Trustee | Trustee | 2 | $0 |
President Jo Bonner Trustee | Trustee | 2 | $0 |
Dr Beth Hamer Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,746,807 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,695,499 |
| Noncash contributions included in lines 1a–1f | $51,215 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,442,306 |
| Total Program Service Revenue | $326,203 |
| Investment income | $299,537 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $40,725 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,245,516 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $294,000 |
| Compensation of current officers, directors, key employees. | $175,650 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,431,364 |
| Pension plan accruals and contributions | $133,907 |
| Other employee benefits | $171,684 |
| Payroll taxes | $131,990 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $560 |
| Fees for services: Accounting | $42,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,229 |
| Advertising and promotion | $93,683 |
| Office expenses | $271,143 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $529,435 |
| Travel | $53,890 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $734,959 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $800,564 |
| Insurance | $113,806 |
| All other expenses | $0 |
| Total functional expenses | $5,020,348 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,202 |
| Savings and temporary cash investments | $23,964,465 |
| Pledges and grants receivable | $1,544,550 |
| Accounts receivable, net | $433,784 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $34,571 |
| Prepaid expenses and deferred charges | $68,749 |
| Net Land, buildings, and equipment | $29,451,978 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,356,963 |
| Total assets | $57,058,262 |
| Accounts payable and accrued expenses | $556,879 |
| Grants payable | $0 |
| Deferred revenue | $119,860 |
| Tax-exempt bond liabilities | $22,617,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,384,275 |
| Total liabilities | $24,678,014 |
| Net assets without donor restrictions | $30,264,550 |
| Net assets with donor restrictions | $2,115,698 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $57,058,262 |