Overview
What is Deep Springs Free Educational Trust?
The Deep Springs Free Educational Trust is a nonprofit organization that manages the assets essential for the operation of Deep Springs Corporation, commonly known as Deep Springs College. Its primary role involves overseeing the financial aspects of the college, where income and expenses are recorded under the corporation's operations. The trust's initiatives encompass depreciation expenses, which support the college's operations by utilizing its assets effectively. This nonprofit organization plays a crucial role in ensuring the continued operation and sustainability of Deep Springs College.
Is Deep Springs Free Educational Trust legitimate?
Deep Springs Free Educational Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deep Springs Free Educational Trust submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
What is the mission statement of Deep Springs Free Educational Trust?
The Deep Springs Free Educational Trust is primarily responsible for managing the assets utilized for the operation of Deep Springs Corporation, commonly known as Deep Springs College. The trust's mission is centered around reporting and managing the revenues and expenditures associated with these operations. A significant part of its programs involves accounting for depreciation expenses related to the assets supporting the college's operation. While the trust does not have a traditional mission statement focusing on societal betterment or advocacy, its role in sustaining the educational institution plays a crucial part in nurturing and shaping future generations.
Who is the CEO of Deep Springs Free Educational Trust?
Sue Darlington is the President of Deep Springs Free Educational Trust.
What is the revenue of Deep Springs Free Educational Trust?
Deep Springs Free Educational Trust's revenue in 2022 was $0.
Who are the executives of Deep Springs Free Educational Trust and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Deep Springs Free Educational Trust?
Deep Springs Free Educational Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Deep Springs Free Educational Trust
The Deep Springs Free Educational Trust, in its mission, holds the title to assets that support the operations of Deep Springs Corporation, commonly known as Deep Springs College. Its primary role is to manage the depreciation expense associated with these assets. By doing so, the trust enables the college to function effectively, with all financial transactions reported under the corporation. Essentially, the Deep Springs Free Educational Trust serves as a steward of the assets that sustain the educational endeavors at Deep Springs College.
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Impact
October, 2024
Deep Springs Free Educational Trust significantly impacts education by managing the assets essential for the operation of Deep Springs College. This unique institution combines rigorous academic programs with hands-on work experience, fostering a distinctive learning environment. Through careful stewardship of its resources, the Trust ensures that the college can maintain and enhance its educational offerings, supporting students in their intellectual and personal development. The revenue generated and smart management of expenditures allows for the continuation of programs, facilities, and resources critical for student success. Ultimately, the Trust’s efforts contribute to a transformative educational experience that prepares students for future challenges.
This information is meant to be a general summary of Deep Springs Free Educational Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $177,429
- Total Liabilities: $0
- Net Assets: $177,429
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Organization Details
Phone
(760) 872-2000Principal Officer
Sue Darlington
Main Address
HC 72 BOX 45001, DYER, NV, 89010
NTEE Category
Code: B42 - Education
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