Trust Tree Inc
- Assets
- $15.3k
- Revenue
- $22.0k
- Investments
- $0.0
- Employees
- 0
- Location
- North Little Rock, AR
- Founding
- 05/2018
- Data as of
- 12/2021
- EIN
- 82-5304340
Organization Overview
Trust Tree Inc is located in North Little Rock, AR. The organization was established in 2018. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trust Tree Inc 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 12/2021, Trust Tree Inc generated $22.0k 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 (6.5%) each year. All expenses for the organization totaled $19.3k during the year ending 12/2021. 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 |
|---|---|---|---|
Correne Spero President/director | 12 | $0 | |
Keesha Bass Director | 3 | $0 | |
Jennifer Carman Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| 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 | $21,951 |
| Total Revenue | $21,951 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $498 |
| Other expenses | $18,347 |
| Total operating and administrative expenses | $19,345 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $19,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,296 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,296 |
| 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 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Trust Tree Inc has recieved totaling $5,033.
| Awarding Organization | Amount |
|---|---|
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: SUMMER PROGRAM | $2,533 |
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: OUR HOUSE SCHOLARSHIP OR GENERAL OPERATING SUPPORT | $1,500 |
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Thought Dallas, TX | $5,164,665 | $9,225,791 |
Southwest School Of Art San Antonio, TX | $10,498,026 | -$15,382,277 |
Fab Lab Tulsa Inc Tulsa, OK | $905,994 | $2,260,190 |
Young Audiences Of Louisiana Inc New Orleans, LA | $2,693,862 | $4,571,020 |
Arrowmont School Of Arts And Crafts Gatlinburg, TN | $53,053,900 | $4,804,249 |
Us Biennial Inc New Orleans, LA | $1,914,538 | $2,330,262 |
Oklahoma Arts Institute Oklahoma City, OK | $2,532,394 | $1,383,952 |
Community Works Of Louisiana New Orleans, LA | $370,788 | $1,210,221 |
Multicultural Education And Counseling Through The Arts Houston, TX | $4,644,101 | $2,037,486 |
School Of Design New Orleans, LA | $1,895,558 | $1,072,625 |
Youth Oasis Baton Rouge, LA | $394,453 | $1,019,110 |
Art League Of Houston Houston, TX | $910,841 | $1,126,374 |