David Seulean Charitable Trust
- Assets
- $823.1k
- Revenue
- $55.2k
- Investments
- $782.1k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 04/2001
- Data as of
- 07/2023
- EIN
- 93-6333754
Organization Overview
David Seulean Charitable Trust is located in Milwaukee, WI. The organization was established in 2001. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. David Seulean Charitable Trust 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 07/2023, David Seulean Charitable Trust generated $55.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $107.7k during the year ending 07/2023. 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 |
|---|---|---|---|
Name Not Listed Trustee | 1 | $14,487 | |
David P A Seulean Trustee | 1 | $14,486 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,638 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,434 |
| Capital Gain Net Income | $33,434 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $116 |
| Total Revenue | $55,188 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $38,841 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,438 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $238 |
| Total operating and administrative expenses | $54,872 |
| Contributions, gifts, grants paid | $52,844 |
| Total expenses and disbursements | $107,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $41,023 |
| 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 | $782,057 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $823,080 |
| 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, David Seulean Charitable Trust has awarded $52,844 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FIR POINT BIBLE CONFERENCE INC PURPOSE: GENERAL OPERATING | $26,422 |
INFAITH PURPOSE: GENERAL OPERATING | $26,422 |