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Hugh C Wallace Charity Tr 5 241

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$2.65k (2024)

Expenses
$5.08k (2024)

Total Assets
$85.4k (2024)

Total Liabilities
$0 (2024)

Years with missing data
Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,651
Expenses
$5,082
Net Income
-$2,431
Net Assets
$85,417
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $3,161
> 100%
Sales of Assets -$510
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,050
40.3%
Compensation of Officers* $4,000
78.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $85,417
Total Liabilities $0
Net Assets $85,417
Compensation
Key Employees and Officers Compensation Other
Keybank N A (Trustee) $4,000 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,307
Expenses
$5,066
Net Income
-$1,759
Net Assets
$87,942
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $2,853
86.3%
Sales of Assets $300
9.1%
Other Income $154
4.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,050
40.5%
Compensation of Officers* $4,000
79.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $87,942
Total Liabilities $0
Net Assets $87,942
Compensation
Key Employees and Officers Compensation Other
Keybank National Association (Trustee) $4,000 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,148
Expenses
$7,423
Net Income
-$5,275
Net Assets
$89,704
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $2,418
> 100%
Sales of Assets -$270
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,150
55.9%
Compensation of Officers* $4,000
53.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $89,704
Total Liabilities $0
Net Assets $89,704
Compensation
Key Employees and Officers Compensation Other
Keybank National Association (Trustee) $4,000 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$14,173
Expenses
$10,453
Net Income
$3,720
Net Assets
$93,981
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $2,386
16.8%
Sales of Assets $11,728
82.7%
Other Income $59
0.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $7,400
70.8%
Compensation of Officers* $4,000
38.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $93,981
Total Liabilities $0
Net Assets $93,981
Compensation
Key Employees and Officers Compensation Other
Keybank National Association (Trustee) $4,000 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$7,766
Expenses
$10,643
Net Income
-$2,877
Net Assets
$90,257
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $2,878
37.1%
Sales of Assets $4,888
62.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $7,198
67.6%
Compensation of Officers* $4,333
40.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $90,258
Total Liabilities $1
Net Assets $90,257
Compensation
Key Employees and Officers Compensation Other
Keybank National Association (Trustee) $4,333 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$8,055
Expenses
$14,107
Net Income
-$6,052
Net Assets
$92,734
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $2,403
29.8%
Sales of Assets $5,652
70.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $11,081
78.5%
Compensation of Officers* $4,000
28.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $92,734
Total Liabilities $0
Net Assets $92,734

Document Links

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$6,601
Expenses
$11,429
Net Income
-$4,828
Net Assets
$106,233
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $1,871
28.3%
Sales of Assets $4,730
71.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $7,445
65.1%
Compensation of Officers* $4,000
35.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $106,233
Total Liabilities $0
Net Assets $106,233

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$9,278
Expenses
$7,482
Net Income
$1,796
Net Assets
$111,056
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $3,426
36.9%
Sales of Assets $5,821
62.7%
Other Income $31
0.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,275
57.1%
Compensation of Officers* $4,000
53.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $111,056
Total Liabilities $0
Net Assets $111,056

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$10,264
Expenses
$10,568
Net Income
-$304
Net Assets
$109,258
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $2,912
28.4%
Sales of Assets $7,352
71.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $6,480
61.3%
Compensation of Officers* $4,000
37.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $109,258
Total Liabilities $0
Net Assets $109,258

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$7,504
Expenses
$8,447
Net Income
-$943
Net Assets
$109,562
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $4,183
55.7%
Sales of Assets $3,284
43.8%
Other Income $37
0.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $5,687
67.3%
Compensation of Officers* $3,625
42.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $109,562
Total Liabilities $0
Net Assets $109,562

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,199
Expenses
$9,168
Net Income
-$4,969
Net Assets
$110,504
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $3,153
75.1%
Sales of Assets $1,046
24.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $6,415
70.0%
Compensation of Officers* $3,500
38.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $110,504
Total Liabilities $0
Net Assets $110,504

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

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Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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