FREDERICK L RAY TRUST

EIN: 066026044 501(c)(3)

DALLAS, TX

Total Revenue
$-345,631
Total Expenses
$396,092
Total Assets
$8,951,887
Net Assets
$8,951,887
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1928
Legal Domicile
CT
Principal Officer
SAME AS ABOVE
Phone
8888663275
Tax Period
2022-07-01 to 2023-06-30

FREDERICK L RAY TRUST, founded in 1928, is a micro nonprofit that reported $346K in total revenue in fiscal year 2022. Revenue fell 120% from the prior year — a significant decline worth monitoring.

Mission

TO BENEFIT THE INHABITANTS OF THE TOWN OF HADAAM, CT WITH VOCATIONAL TRAINING IN MANUAL TRAINING AND THE USEFUL ARTS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-345,631
Other Revenue $0
TOTAL REVENUE $-345,631

Expense Breakdown

Grants Paid $302,771
Salaries & Benefits $78,567
Fundraising Expenses $0
Program Expenses $349,911
Other Expenses $14,754
TOTAL EXPENSES $396,092

Year-over-Year Comparison

2022 2021 Change
Revenue $-345,631 $1,717,303 -1.2%
Expenses $396,092 $398,992 0.0%
Net Income $-741,723 $1,318,311 -1.6%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BANK OF AMERICA N A TRUSTEE 1.0
$78,567 $0 $78,567
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $-345,631 $396,092 $8,951,887 $-741,723
2022 $1,717,303 $398,992 $9,572,771 $1,318,311
2021 $554,813 $412,032 $9,372,578 $142,781
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FREDERICK L RAY TRUST with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.