Francis Mitchell Memorial Trust
- Assets
- $0.0
- Revenue
- $2.0
- Investments
- $0.0
- Employees
- 0
- Location
- Olney, TX
- Founding
- 08/1986
- Data as of
- 08/2021
- EIN
- 75-6332089
Organization Overview
Francis Mitchell Memorial Trust is located in Olney, TX. 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. Francis Mitchell Memorial 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 08/2021, Francis Mitchell Memorial Trust generated $2.0 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 (20.6%) each year. All expenses for the organization totaled $1.7k during the year ending 08/2021. 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 |
|---|---|---|---|
Robert G Roach Trustee | 0 | $0 | |
Lewis Farmer Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $1,690 |
| Total expenses and disbursements | $1,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,190 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |