Harold W & K Lorette Lackey Scholarship Trust
- Assets
- $1.5m
- Revenue
- $54.5k
- Investments
- $1.4m
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 91-6423892
Organization Overview
Harold W & K Lorette Lackey Scholarship Trust is located in Sioux Falls, SD. The organization was established in 0000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations.
For the year ending 12/2022, Harold W & K Lorette Lackey Scholarship Trust generated $54.5k 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 (8.9%) each year. All expenses for the organization totaled $147.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Harold W & K Lorette Lackey Scholarship Trust has awarded 14 individual grants totaling $550,059. 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 | $47,024 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,508 |
| Capital Gain Net Income | $7,508 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,532 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,396 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $45,550 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $69,403 |
| Contributions, gifts, grants paid | $78,442 |
| Total expenses and disbursements | $147,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $270 |
| Savings and temporary cash investments | $100,107 |
| 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 | $824,845 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,480,880 |
| 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, Harold W & K Lorette Lackey Scholarship Trust has awarded $78,442 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Sioux Falls, SD PURPOSE: SCHOLARSHIPS | $39,221 |
SOUTH DAKOTA STATE UNIVERSITY FOUNDATION PURPOSE: SCHOLARSHIPS | $39,221 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa Student Loan Liquidity Corp West Des Moines, IA | $1,230,053,718 | $45,688,659 |
Northstar Education Finance Inc Eagan, MN | $1,293,468,719 | $40,177,777 |
Scholarship America Inc Minneapolis, MN | $219,130,905 | $29,933,482 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Montana Higher Education Student Assistance Corporation Helena, MT | $454,297,151 | $15,047,614 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |
Waitt Foundation North Sioux City, SD | $157,175,219 | $6,009,824 |
Team Makers Club Inc Fargo, ND | $24,927,572 | $16,460,437 |
Bentson Foundation Wayzata, MN | $107,689,978 | $6,021,397 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Foundation For Educational Funding Lincoln, NE | $161,530,703 | $9,132,107 |
Western States Learning Corporation Cheyenne, WY | $7,278,085 | $6,097,150 |