Collin T Lane Tr B is located in Birmingham, AL.
For the year ending 12/2023, Collin T Lane Tr B generated $31.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $37.0k during the year ending 12/2023. 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 | $0 |
Dividends & Interest | $20,054 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $11,335 |
Capital Gain Net Income | $11,335 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $31,389 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $6,727 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $156 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,288 |
Total operating and administrative expenses | $10,003 |
Contributions, gifts, grants paid | $27,000 |
Total expenses and disbursements | $37,003 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $29,866 |
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 | $94,222 |
Investments—other | $250,389 |
Net Land, buildings, and equipment | $0 |
Other assets | $96 |
Total assets | $602,563 |
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, Collin T Lane Tr B has awarded $27,000 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
BOYS AND GIRLS CLUB PURPOSE: GENERAL SUPPORT | $9,948 |
GREAT RIVER REGION OF CHRISTIAN CHURCH (DISCIPLES OF CHRIST) PURPOSE: GENERAL SUPPORT | $4,263 |
LEXINGTON THEOLOGICAL SEMINARY PURPOSE: GENERAL SUPPORT | $2,842 |
MISSISSIPPI BAPTIST HEALTH SYSTEMS INC PURPOSE: GENERAL SUPPORT | $7,105 |
NATIONAL BENEVOLENT ASSOCIATION PURPOSE: GENERAL SUPPORT | $2,842 |