Janet M Lake Trust 9519003374
- Assets
- $2.3m
- Revenue
- $301.0k
- Investments
- $2.2m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 03/2007
- Data as of
- 12/2021
- EIN
- 90-0244306
Organization Overview
Janet M Lake Trust 9519003374 is located in Las Vegas, NV. The organization was established in 2007. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Janet M Lake Trust 9519003374 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, Janet M Lake Trust 9519003374 generated $301.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $182.6k during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Janet M Lake Trust 9519003374 has awarded 58 individual grants totaling $650,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $56,809 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $242,363 |
| Capital Gain Net Income | $242,363 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,846 |
| Total Revenue | $301,018 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,615 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,157 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $56,569 |
| Contributions, gifts, grants paid | $126,000 |
| Total expenses and disbursements | $182,569 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $74,993 |
| 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 | $2,321,644 |
| 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, Janet M Lake Trust 9519003374 has awarded $126,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMY SAAD CO CORNELL UNIVERSITY PURPOSE: SCHOLARSHIP | $18,000 |
IZADORA TETZNER CO UNIVERSITY OF PURPOSE: SCHOLARSHIP | $18,000 |
LUIZY FERREIRA CO UNIVERSITY OF PURPOSE: SCHOLARSHIP | $18,000 |
AVERY MARQUIS CO LANDER UNIVERSITY PURPOSE: SCHOLARSHIP | $18,000 |
JAKE GOODWIN CO BROWN UNIVERSITY PURPOSE: SCHOLARSHIP | $18,000 |
KAZI BEGUM CO EMERSON COLLEGE PURPOSE: SCHOLARSHIP | $18,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chan Zuckerberg Initiative Advocacy Palo Alto, CA | $150,347,218 | $75,197,628 |
Sacramento County Public Facilites Financing Corp Sacramento, CA | $120,117,209 | $6,428,968 |
Woodlawn Foundation San Mateo, CA | $47,161,530 | $8,457,858 |
Seal-Naval Special Warfare Foundation-San Diego Carlsbad, CA | $1,430,292 | $2,046,385 |
George And Melodie Rogers Foundation Fresno, CA | $58,468 | $1,000,014 |
Operation Help A Hero Rancho Santa Margarita, CA | $97,867 | $859,343 |
Rolf Benirschke Legacy Foundation Del Mar, CA | $187,675 | $680,405 |
Canby Kiwanis Foundation Inc Canby, OR | $373,549 | $530,086 |
The Out Foundation Portland, OR | $465,988 | $770,300 |
Terrewode Womens Fund Eugene, OR | $391,323 | $746,254 |
Friends Of Imagine1day Inc Los Angeles, CA | $147,814 | $308,589 |
Coos County Fair Alliance Inc Myrtle Point, OR | $16,381 | $0 |