Rudy Balke Trust Inc
- Assets
- $372.1k
- Revenue
- $7.9k
- Investments
- $310.6k
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 07/1966
- Data as of
- 12/2022
- EIN
- 84-6044826
Organization Overview
Rudy Balke Trust Inc is located in Colorado Springs, CO. The organization was established in 1966. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Rudy Balke Trust 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 12/2022, Rudy Balke Trust Inc generated $7.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $67.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rudy Balke Trust Inc has awarded 123 individual grants totaling $358,309. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Slane Trustee | 1 | $900 | |
Cindy Slane Trustee | 1 | $1,575 | |
Lois Beach Trustee | 1 | $1,800 | |
Jeff Williams Trustee | 1 | $2,650 | |
Jon Zalewski Trustee | 1 | $1,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $82 |
| Dividends & Interest | $11,021 |
| Net Rental Income | $520 |
| Net Gain on Sale of Assets | -$3,747 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,941 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,650 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $65 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,028 |
| Total operating and administrative expenses | $14,811 |
| Contributions, gifts, grants paid | $52,500 |
| Total expenses and disbursements | $67,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,318 |
| 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 | $646 |
| Net Investments - land, buildings, equipment | $31,502 |
| Investments—mortgage loans | $0 |
| Investments—other | $80,288 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $372,091 |
| 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 Awarded
Over the last fiscal year, Rudy Balke Trust Inc has awarded $52,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
RAMPART FAMILY DENTAL CENTER PURPOSE: DENTAL CARE FOR INDIGENT MEMBERS OF THE COMMUNITY | $17,784 |
PINNACLE OPTICAL PURPOSE: OPTICAL CARE FOR INDIGENT MEMBERS OF THE COMMUNITY | $406 |
ORAL SURGERY ASSOCIATES OF COLORADO SPRINGS PURPOSE: DENTAL CARE FOR INDIGENT MEMBERS OF THE COMMUNITY | $8,500 |
PALMER PARK DENTISTRY PURPOSE: DENTAL CARE FOR INDIGENT MEMBERS OF THE COMMUNITY | $1,967 |
OPEN AND AFFORDABLE DENTAL AND BRACES NORTH PURPOSE: DENTAL CARE FOR INDIGENT MEMBERS OF THE COMMUNITY | $15,881 |
LAKE AVENUE DENTAL PURPOSE: DENTAL CARE FOR INDIGENT MEMBERS OF THE COMMUNITY | $914 |