Royal Ethiopian Trust Inc
- Assets
- $49.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Centerbrook, CT
- Founding
- Data as of
- 12/2023
- EIN
- 93-4041676
Organization Overview
Royal Ethiopian Trust Inc is located in Centerbrook, CT. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Royal Ethiopian 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ROYAL ETHIOPIAN TRUST WAS ESTABLISHED AT THE END OF 2023 RESULTING IN LIMITED ACCOMPLISHMENTS FOR THE YEAR. THE ROYAL ETHIOPIAN TRUST DID RECEIVE 2 DONATIONS TO BEGIN THE PROCESS OF ACCOMPLISHING THEIR TAX EXEMPT PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholas Melillo Treasurer | 5 | $0 | |
Ermias Sahle Selassie Director | 5 | $0 | |
Giovanni Ruffini Director | 2 | $0 | |
Anania Abebe Director | 2 | $0 | |
Solomon Kibriye Director | 2 | $0 | |
Adam Von Gootkin Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,022 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,022 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $113 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,698 |
| Total expenses | $4,811 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,307 |
| Other assets | $0 |
| Total assets | $49,307 |
| Total liabilities | $4,096 |
| Net assets or fund balances | $45,211 |