Hazel Montgomery M D Memorial Scholarship Trust
- Assets
- $899.1k
- Revenue
- $44.4k
- Investments
- $852.5k
- Employees
- 0
- Location
- Tyler, TX
- Founding
- 00/0000
- Data as of
- 05/2024
- EIN
- 75-6498847
Organization Overview
Hazel Montgomery M D Memorial Scholarship Trust is located in Tyler, TX. The organization was established in 0000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations.
For the year ending 05/2024, Hazel Montgomery M D Memorial Scholarship Trust generated $44.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $64.9k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,321 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,328 |
| Capital Gain Net Income | $15,328 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,784 |
| Total Revenue | $44,433 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,641 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $728 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $347 |
| Total operating and administrative expenses | $13,516 |
| Contributions, gifts, grants paid | $51,356 |
| Total expenses and disbursements | $64,872 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $45,673 |
| Net Accounts receivable | $928 |
| 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 | $852,487 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2 |
| Total assets | $899,090 |
| 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 | $84 |
| Total liabilities | $84 |