WD Ray & Shirley Schaffer-Ray Educational Trust
- Assets
- $6.4m
- Revenue
- $6.6m
- Investments
- $4.7m
- Employees
- 0
- Location
- Creston, IA
- Founding
- Data as of
- 12/2021
- EIN
- 86-6589915
Organization Overview
WD Ray & Shirley Schaffer-Ray Educational Trust is located in Creston, IA.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,185,438 |
| Interest on Savings | $0 |
| Dividends & Interest | $190,403 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $214,053 |
| Capital Gain Net Income | $214,053 |
| Net ST Capital Gain | $3,150 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $52,174 |
| Total Revenue | $6,642,068 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $34,201 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,227 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,493 |
| Total operating and administrative expenses | $55,435 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $55,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,689,859 |
| 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 | $246,317 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,365,368 |
| 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 |
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