Frederick F & Mary E Myers Nect 314-800791
- Assets
- $1.9m
- Revenue
- $206.2k
- Investments
- $1.8m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 12/1970
- Data as of
- 08/2023
- EIN
- 95-6024400
Organization Overview
Frederick F & Mary E Myers Nect 314-800791 is located in Las Vegas, NV. The organization was established in 1970. According to its NTEE Classification (T90) the organization is classified as: Named Trusts 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.
For the year ending 08/2023, Frederick F & Mary E Myers Nect 314-800791 generated $206.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $127.7k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Frederick F & Mary E Myers Nect 314-800791 has awarded 12 individual grants totaling $418,055. 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 | $63,207 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $142,462 |
| Capital Gain Net Income | $142,462 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $573 |
| Total Revenue | $206,242 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,499 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $207 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,745 |
| Contributions, gifts, grants paid | $114,000 |
| Total expenses and disbursements | $127,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $58,047 |
| 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 | $1,835,653 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,893,700 |
| 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, Frederick F & Mary E Myers Nect 314-800791 has awarded $114,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: GENERAL OPERATING | $38,000 |
LELAND STANFORD JR UNIVERSITY PURPOSE: GENERAL OPERATING | $38,000 |
ORTHOPAEDIC INSTITUTE FOR CHILDREN PURPOSE: GENERAL OPERATING | $38,000 |