Seraphin Charitable Tr
- Assets
- $340.6k
- Revenue
- $11.8k
- Investments
- $26.3k
- Employees
- 0
- Location
- League City, TX
- Founding
- 06/2005
- Data as of
- 12/2022
- EIN
- 75-6741523
Organization Overview
Seraphin Charitable Tr is located in League City, TX. The organization was established in 2005. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, 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. Seraphin Charitable Tr 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 12/2022, Seraphin Charitable Tr generated $11.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $7.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.5%) per year over the past 7 years. 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 |
|---|---|---|---|
Edward A Rose Jr Trustee | 2 | $0 | |
Dino Polselli Jr Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $58 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,700 |
| Total Revenue | $11,758 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $4,722 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $293 |
| Total operating and administrative expenses | $6,515 |
| Contributions, gifts, grants paid | $500 |
| Total expenses and disbursements | $7,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,839 |
| 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 | $1,526 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $26,252 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $260,000 |
| Total assets | $340,617 |
| 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 | $962,067 |
| Other liabilities | $0 |
| Total liabilities | $962,067 |
Grants Awarded
Over the last fiscal year, Seraphin Charitable Tr has awarded $650 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OPERATION HOMEFRONT PURPOSE: DONATIONDONATION | $150 |
WARRIER FOUNDATION PURPOSE: DONATION | $500 |