John & Blanche Ohara Tr 091593
- Assets
- $570.2k
- Revenue
- $10.5k
- Investments
- $560.3k
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 01/1995
- Data as of
- 12/2023
- EIN
- 94-6659540
Organization Overview
John & Blanche Ohara Tr 091593 is located in Detroit, MI. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John & Blanche Ohara Tr 091593 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 12/2023, John & Blanche Ohara Tr 091593 generated $10.5k 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 (4.2%) each year. All expenses for the organization totaled $32.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, John & Blanche Ohara Tr 091593 has awarded 77 individual grants totaling $238,398. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bmo Harris Bank N A Prior Trustee | 1 | $3,666 | |
Comerica Bank N A Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,243 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,056 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $343 |
| Total Revenue | $10,530 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,666 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $134 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,350 |
| Total operating and administrative expenses | $7,950 |
| Contributions, gifts, grants paid | $24,000 |
| Total expenses and disbursements | $31,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,952 |
| 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 | $570,207 |
| 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, John & Blanche Ohara Tr 091593 has awarded $24,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHWOOD TECHNICAL COLLEGE PURPOSE: SCHOLARSHIP | $3,000 |
ST CATHERINE UNIVERSITY PURPOSE: SCHOLARSHIP | $6,000 |
UNIVERSITY OF WISCONSIN- SUPERIOR PURPOSE: SCHOLARSHIP | $3,000 |
MINNESOTA NORTH COLLEGE - ITASCA CAMPUS PURPOSE: SCHOLARSHIP | $1,500 |
LAKE SUPERIOR COLLEGE PURPOSE: SCHOLARSHIP | $3,000 |
UNIVERSITY O F WISCONSIN - LA CROSSE PURPOSE: SCHOLARSHIP | $3,000 |