Richard Postels Family Charitable Trust
- Assets
- $60.5k
- Revenue
- $2.3k
- Investments
- $57.0k
- Employees
- 0
- Location
- Montezuma, IA
- Founding
- Data as of
- 12/2022
- EIN
- 84-6921397
Organization Overview
Richard Postels Family Charitable Trust is located in Montezuma, IA.
For the year ending 12/2022, Richard Postels Family Charitable Trust generated $2.3k 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 (69.5%) each year. All expenses for the organization totaled $45.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Postels Trustee | 0.1 | $0 | |
Beverly Postels Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,793 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $533 |
| Capital Gain Net Income | $533 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,326 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,356 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $23,211 |
| Contributions, gifts, grants paid | $22,500 |
| Total expenses and disbursements | $45,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,437 |
| 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 | $46,684 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $60,482 |
| 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, Richard Postels Family Charitable Trust has awarded $22,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PEORIA UNION CEMETERY ASSOCIATION PURPOSE: GENERAL ASSISTANCE | $2,500 |
GRINNELL UNITED METHODIST CHURCH PURPOSE: GENERAL ASSISTANCE | $3,000 |
UNIVERSITY OF IOWA CENTER FOR ADVANCEMENT PURPOSE: GENERAL ASSISTANCE | $17,000 |