Annie H Parke Trust Estate Nect
- Assets
- $1.9m
- Revenue
- $91.1k
- Investments
- $1.9m
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 10/1972
- Data as of
- 09/2023
- EIN
- 99-6003193
Organization Overview
Annie H Parke Trust Estate Nect is located in Honolulu, HI. The organization was established in 1972. 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. Annie H Parke Trust Estate Nect 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 09/2023, Annie H Parke Trust Estate Nect generated $91.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (28.2%) each year. All expenses for the organization totaled $166.5k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Annie H Parke Trust Estate Nect has awarded 13 individual grants totaling $260,552. 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 | $54,613 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,446 |
| Capital Gain Net Income | $36,446 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $91,059 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,288 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,880 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6 |
| Total operating and administrative expenses | $39,729 |
| Contributions, gifts, grants paid | $126,744 |
| Total expenses and disbursements | $166,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,791 |
| Savings and temporary cash investments | $22,613 |
| 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 | $1,881,805 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,906,209 |
| 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, Annie H Parke Trust Estate Nect has awarded $126,744 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
HAWAIIAN HISTORICAL SOCIETY PURPOSE: OPERATING EXPENSES & | $3,676 |
THE SALVATION ARMY PURPOSE: OPERATING EXPENSES & | $21,672 |
THE EPISCOPAL CHURCH IN HAWAII PURPOSE: OPERATING EXPENSES & | $50,696 |
THE QUEENS MEDICAL CENTER PURPOSE: OPERATING EXPENSES & | $28,900 |
LUNALILO HOME PURPOSE: OPERATING EXPENSES & | $10,900 |
KAPIOLANI MEDICAL CENTER FOR PURPOSE: OPERATING EXPENSES & | $10,900 |