LEORA AND CARLTON HUTTON TRUST XXX-XX-XXXX

EIN: 237452614 501(c)(3)

EVANSVILLE, IN

Total Revenue
$89,976
Total Expenses
$78,223
Total Assets
$1,510,974
Net Assets
$1,510,974
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
IN
Phone
8008300362
Tax Period
2025-01-01 to 2025-12-31

LEORA AND CARLTON HUTTON TRUST XXX-XX-XXXX, founded in 1975, is a micro nonprofit that reported $90K in total revenue in fiscal year 2025. Revenue decreased 17% compared to the prior year. Expenses of $78K left a modest 13% surplus.

Mission

TO PROVIDE SCHOLARSHIPS TO GRADUATING SENIORS FROM ZIONSVILLE COMMUNITY HIGH SCHOOL (LOCATED IN BOONE COUNTY, INDIANA) WHO WILL BE ATTENDING A UNIVERSITY, JUNIOR COLLEGE, BUSINESS SCHOOL OR TRADE SCHOOL. THE PURPOSE OF THE TRUST IS TO CREATE FOR STUDENTS OF ZIONSVILLE COMMUNITY HIGH SCHOOL AN OPPORTUNITY TO FUND THEIR HIGHER EDUCATION THROUGH THE USE OF THE INCOME AND CORPUS OF THIS TRUST. ALL SCHOLARSHIP FUNDS ARE PAID BY THE INSTITUTIONAL TRUSTEE DIRECTLY TO SUCH ACCREDITED INSTITUTIONS OF HIGHER LEARNING FOR THE BENEFIT OF AN INDIVIDUAL RECIPIENT'S TUITION, ROOM AND BOARD. NO PAYMENTS ARE MADE TO THE INDIVIDUAL RECIPIENTS PERSONALLY. ANY STUDENT AT ZIONSVILLE COMMUNITY HIGH SCHOOL IS ELIGIBLE TO APPLY FOR THE SCHOLARSHIP SO LONG AS A CURRENT OR FORMER RESIDENT OF EAGLE TOWNSHIP OR _S THE INDIVIDUAL RECIPIENTS TO PARTICIPATE IN THE SCHOLARSHIP PROGRAM. THE TRUST COMMITTEE IS COMPRISED OF UP TO FIVE MEMBERS, INCLUDING THE PRINCIPAL OF ZIONSVILLE COMMUNITY HIGH SCHOOL (PERMANENTLY); TH

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Trantor Score

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $89,976
Other Revenue $0
TOTAL REVENUE $89,976

Expense Breakdown

Grants Paid $57,000
Salaries & Benefits $20,023
Fundraising Expenses $0
Program Expenses $57,000
Other Expenses $1,200
TOTAL EXPENSES $78,223

Year-over-Year Comparison

2025 2024 Change
Revenue $89,976 $108,814 -0.2%
Expenses $78,223 $77,784 +0.0%
Net Income $11,753 $31,030 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
4

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
N/A TRUSTEE 1.0
$20,023 $0 $20,023
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
2025 $89,976 $78,223 $1,510,974 $11,753
2024 $108,814 $77,784 $1,499,560 $31,030
2023 $43,613 $72,242 $1,468,585 $-28,629
2022 $125,325 $63,422 $1,497,349 $61,903
2021 $130,709 $57,104 $1,435,767 $73,605
2020 $66,880 $46,912 $1,362,203 $19,968
2019 $63,200 $39,692 $1,342,235 $23,508
2018 $67,343 $41,369 $1,318,727 $25,974
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