Civic Intelligence

The Jared Prescott Charitable Trust

990EZ • Fiscal year 2019 • EIN 87-6223323

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 15, 2019

820 Sunrise CircleCenterville, UT 84014

(801) 598-1107

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

79th percentile

24%

Higher net margin than 79% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

86th percentile

59%

Faster asset growth than 86% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

90th percentile

73%

Faster revenue growth than 90% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$130,161

Up $48,174 (+59%) from 2018

Net Assets

Up

$130,161

Up $48,174 (+59%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$198,555

Up $83,543 (+73%) from 2018

Expenses

Up

$150,381

Up $5,051 (+3.5%) from 2018

Net Income

Up

$48,174

Up $78,492 (+259%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2016: $51,806Net Assets 2016: $51,8062016Assets 2017: $112,305Liabilities 2017: $02017Assets 2018: $81,987Net Assets 2018: $81,9872018Assets 2019: $130,161Net Assets 2019: $130,1612019Assets 2020: $137,831Net Assets 2020: $137,8312020Assets 2021: $227,373Net Assets 2021: $227,3732021Assets 2022: $216,349Liabilities 2022: $0Net Assets 2022: $216,3492022Assets 2023: $268,968Liabilities 2023: $0Net Assets 2023: $268,9682023Assets 2024: $389,199Liabilities 2024: $0Net Assets 2024: $389,1992024

Highlighted filing

2019

Assets$130,161
Liabilities-
Net Assets$130,161

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2016: $122,049Expenses 2016: $72,888Net Income 2016: $49,1612016Revenue 2017: $159,004Expenses 2017: $98,505Net Income 2017: $60,4992017Revenue 2018: $115,012Expenses 2018: $145,330Net Income 2018: -$30,3182018Revenue 2019: $198,555Expenses 2019: $150,381Net Income 2019: $48,1742019Revenue 2020: $140,649Expenses 2020: $132,979Net Income 2020: $7,6702020Revenue 2021: $146,488Expenses 2021: $56,946Net Income 2021: $89,5422021Revenue 2022: $18,976Expenses 2022: $30,000Net Income 2022: -$11,0242022Revenue 2023: $125,894Expenses 2023: $73,275Net Income 2023: $52,6192023Revenue 2024: $231,661Expenses 2024: $108,619Net Income 2024: $123,0422024

Highlighted filing

2019

Revenue$198,555
Expenses$150,381
Net Income$48,174
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 15, 2019
Return Version
2019v5.0
Gross Receipts
$198,555
Mission and Program Overview

Mission

Humaitirian and missionary work:

Program Services

DescriptionGrantsExpenses
IN 2018 THE TRUST FURNISHED FUNDS FOR 5 MORE VILLAGES IN BURMA TO BUILD SCHOOLS. WE ALSO PROVIDED FUNDING FOR ANOTHER VILLAGE TO DRILL A CLEAN WATER WELL AND STORAGE TANK WITH SUFFICIENT CAPACITY TO SUPPLY THE ENTIRE VILLAGE WITH CLEAN WATER. ALL SCHOOLS AND THE WELLS WERE OUTLYING VILLAGES. TO DATE THE TRUST HAS FURNISHED FUNDS FOR 25 VILLAGES TO BUILD THEIR OWN SCHOOLS, AND 67 COMMUNITIES TO DRILL CLEAN WATER WELLS IN BURMA. WE HAVE ALSO PROVIDED FUNDS FOR OVER 1,000 SANITARY FACILITIES IN BURMA. ALL THIS IS DONE FOR OUTLYING VILLAGES. WE REQUIRE THAT EACH VILLAGE PROVIDE FUNDS OR LABOR OR BOTH TO THE BUILDING OR DRILLING PROCESS SO THAT THE VILLAGE WILL FEEL THE PROJECTS IS THEIRS AND PERPETUALLY MAINTAIN THEM. THE COMMUNITY DEVELOPOEMENT ASSOCIATION OF MYANMAR PROVIDES ENGINEERS FOR OUR PROJECTS. WE PAY THE EXPENSES OF THE ENGINEERS. ALL BUILDINGS ARE CONSTRUCTED TO GOVERNMENT STANDARDS. SCHOOLS ARE STAFFED BY TEACHERS PROVIDED BY THE CIVILIAN GOVERNMANT. EACH YEAR REPRESENTITIVES OF THE TRUST TRAVEL TO BURMA TO INSPECT AND APPRIVE THE PROJECTS.$131,990$145,381
IN ADDITION TO THE SCOOLS AND WELLS WE PROVIDED THE FUNDS FOR THE CONSTRUCTION OF A WOMENS EDUCATION AND DEVELOPEMENT CENTER FOR THA YWCA OF MYANMAR. THE CENTER WAS BUILT IN A REMOTE MOUNTAIN VILLAGE IN MYANMAR. THE YWCA WILL BE ABLE TO TRAIN AT LEAST 125 WOMEN A YEAR THERE. THE BUILDING WAS ALREADY BEING USED WHEN WE ARRIVED FOR THE DEDICATION AND INSPECTION. WE ALSOPROVIDED A NUMBER OF COMPUTERS FOR THE YWCA EDUCATION PROGRAMS. THE YWCA OF MYANMAR ALSO CONDUCTS A VERY SUCCESSFUL MICRO FINANCE PROGRAM FOR WOMEN. THEY HAVE A REMAYMENT RATE OF 99.97% FOR THE PRIOR YEAR. WE FURNISHED 3000 IN CASH FOR THIS PROGRAM.$5,000$5,000
BUILD A WOMEN'S EDUCATION CENTER IN THE MOUNTAINS OF MYANMAR. THIS IS AIDING WOMEN WHO ARE AT RISK FOR SEX TRAFFICKING OR NO ECONOMIC HOPE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEITH PRESCOTTTrustee-$0--
TRUDY PRESCOTTTrustee-$0--
Filing and Contact Details

Filer

Filer Name
The Jared Prescott Charitable Trust
EIN
87-6223323
Phone
8015981107
Address
820 SUNRISE CIRCLE, CENTERVILLE, UT 84014

Signing Officer

Name
Keith Prescott
Title
Trustee
Phone
8015981107
Signed
2019-07-15
Discuss with paid preparer
Yes

Preparer

Firm
Wsrp LLC
Address
155 N 400 W STE 400, SALT LAKE CITY, UT 84103
Preparer
M Keith Prescott
Phone
8013282011
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I

During 2019 the trust provided funds for 3 additional villages in rural myanmar to build schools. We always require that the villages make a significantcontrriburion to the building of the school so that when it is finished the villagers have ownership of it and will more likely take care of it. In addition the trust also built 3 schools for a muslim (rohingya) refugee camp in the rakhine state of myanmar(burma). The united nations also contributed by build a clean source for the camp. Thee buildings were metal so that they could be moved in the event the camp were to be moved. The trust also provided funds for 3 more villages have clean water wells comple with pump andstorage tanks. Each years projects are inspected by the trust to insure all is completed to our standards. We also fininshed the women's center started the year before.

Form 990-ez, Part I, Line 10

Name: burma villages address: various cash contribution: 131,990

Form 990-ez, Part I, Line 16

Expenses fund raising 13,011 bank and wire transfer fe 380 total 13,391

Form 990-ez, Part III, Line 28

In 2018 the trust furnished funds for 5 more villages in burma to build schools. We also provided funding for another village to drill a clean water well and storage tank with sufficient capacity to supply the entire village with clean water. All schools and the wells were outlying villages. To date the trust has furnished funds for 25 villages to build their own schools, and 67 communities to drill clean water wells in burma. We have also provided funds for over 1,000 sanitary facilities in burma. All this is done for outlying villages. We require that each village provide funds or labor or both to the building or drilling process so that the village will feel the projects is theirs and perpetually maintain them. The community developoement association of myanmar provides engineers for our projects. We pay the expenses of the engineers. All buildings are constructed to government standards. Schools are staffed by teachers provided by the civilian governmant. Each year representitives of the trust travel to burma to inspect and apprive the projects.

Form 990-ez, Part III, Line 29

In addition to the scools and wells we provided the funds for the construction of a womens education and developement center for tha ywca of myanmar. The center was built in a remote mountain village in myanmar. The ywca will be able to train at least 125 women a year there. The building was already being used when we arrived for the dedication and inspection. We alsoprovided a number of computers for the ywca education programs. The ywca of myanmar also conducts a very successful micro finance program for women. They have a remayment rate of 99.97% for the prior year. We furnished 3000 in cash for this program.

Form 990-ez, Part III, Line 31

Build a women's education center in the mountains of myanmar. This is aiding women who are at risk for sex trafficking or no economic hope.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IN 2018 THE TRUST FURNISHED FUNDS FOR 5 MORE VILLAGES IN BURMA TO BUILD SCHOOLS. WE ALSO PROVIDED FUNDING FOR ANOTHER VILLAGE TO DRILL A CLEAN WATER WELL AND STORAGE TANK WITH SUFFICIENT CAPACITY TO SUPPLY THE ENTIRE VILLAGE WITH CLEAN WATER. ALL SCHOOLS AND THE WELLS WERE OUTLYING VILLAGES. TO DATE THE TRUST HAS FURNISHED FUNDS FOR 25 VILLAGES TO BUILD THEIR OWN SCHOOLS, AND 67 COMMUNITIES TO DRILL CLEAN WATER WELLS IN BURMA. WE HAVE ALSO PROVIDED FUNDS FOR OVER 1,000 SANITARY FACILITIES IN BURMA. ALL THIS IS DONE FOR OUTLYING VILLAGES. WE REQUIRE THAT EACH VILLAGE PROVIDE FUNDS OR LABOR OR BOTH TO THE BUILDING OR DRILLING PROCESS SO THAT THE VILLAGE WILL FEEL THE PROJECTS IS THEIRS AND PERPETUALLY MAINTAIN THEM. THE COMMUNITY DEVELOPOEMENT ASSOCIATION OF MYANMAR PROVIDES ENGINEERS FOR OUR PROJECTS. WE PAY THE EXPENSES OF THE ENGINEERS. ALL BUILDINGS ARE CONSTRUCTED TO GOVERNMENT STANDARDS. SCHOOLS ARE STAFFED BY TEACHERS PROVIDED BY THE CIVILIAN GOVERNMANT. EACH YEAR REPRESENTITIVES OF THE TRUST TRAVEL TO BURMA TO INSPECT AND APPRIVE THE PROJECTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1IN ADDITION TO THE SCOOLS AND WELLS WE PROVIDED THE FUNDS FOR THE CONSTRUCTION OF A WOMENS EDUCATION AND DEVELOPEMENT CENTER FOR THA YWCA OF MYANMAR. THE CENTER WAS BUILT IN A REMOTE MOUNTAIN VILLAGE IN MYANMAR. THE YWCA WILL BE ABLE TO TRAIN AT LEAST 125 WOMEN A YEAR THERE. THE BUILDING WAS ALREADY BEING USED WHEN WE ARRIVED FOR THE DEDICATION AND INSPECTION. WE ALSOPROVIDED A NUMBER OF COMPUTERS FOR THE YWCA EDUCATION PROGRAMS. THE YWCA OF MYANMAR ALSO CONDUCTS A VERY SUCCESSFUL MICRO FINANCE PROGRAM FOR WOMEN. THEY HAVE A REMAYMENT RATE OF 99.97% FOR THE PRIOR YEAR. WE FURNISHED 3000 IN CASH FOR THIS PROGRAM.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING 2019 THE TRUST PROVIDED FUNDS FOR 3 ADDITIONAL VILLAGES IN RURAL MYANMAR TO BUILD SCHOOLS. WE ALWAYS REQUIRE THAT THE VILLAGES MAKE A SIGNIFICANTCONTRRIBURION TO THE BUILDING OF THE SCHOOL SO THAT WHEN IT IS FINISHED THE VILLAGERS HAVE OWNERSHIP OF IT AND WILL MORE LIKELY TAKE CARE OF IT. IN ADDITION THE TRUST ALSO BUILT 3 SCHOOLS FOR A MUSLIM (ROHINGYA) REFUGEE CAMP IN THE RAKHINE STATE OF MYANMAR(BURMA). THE UNITED NATIONS ALSO CONTRIBUTED BY BUILD A CLEAN SOURCE FOR THE CAMP. THEE BUILDINGS WERE METAL SO THAT THEY COULD BE MOVED IN THE EVENT THE CAMP WERE TO BE MOVED. THE TRUST ALSO PROVIDED FUNDS FOR 3 MORE VILLAGES HAVE CLEAN WATER WELLS COMPLE WITH PUMP ANDSTORAGE TANKS. EACH YEARS PROJECTS ARE INSPECTED BY THE TRUST TO INSURE ALL IS COMPLETED TO OUR STANDARDS. WE ALSO FININSHED THE WOMEN'S CENTER STARTED THE YEAR BEFORE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NAME: BURMA VILLAGES ADDRESS: VARIOUS CASH CONTRIBUTION: 131,990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES FUND RAISING 13,011 BANK AND WIRE TRANSFER FE 380 TOTAL 13,391
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN 2018 THE TRUST FURNISHED FUNDS FOR 5 MORE VILLAGES IN BURMA TO BUILD SCHOOLS. WE ALSO PROVIDED FUNDING FOR ANOTHER VILLAGE TO DRILL A CLEAN WATER WELL AND STORAGE TANK WITH SUFFICIENT CAPACITY TO SUPPLY THE ENTIRE VILLAGE WITH CLEAN WATER. ALL SCHOOLS AND THE WELLS WERE OUTLYING VILLAGES. TO DATE THE TRUST HAS FURNISHED FUNDS FOR 25 VILLAGES TO BUILD THEIR OWN SCHOOLS, AND 67 COMMUNITIES TO DRILL CLEAN WATER WELLS IN BURMA. WE HAVE ALSO PROVIDED FUNDS FOR OVER 1,000 SANITARY FACILITIES IN BURMA. ALL THIS IS DONE FOR OUTLYING VILLAGES. WE REQUIRE THAT EACH VILLAGE PROVIDE FUNDS OR LABOR OR BOTH TO THE BUILDING OR DRILLING PROCESS SO THAT THE VILLAGE WILL FEEL THE PROJECTS IS THEIRS AND PERPETUALLY MAINTAIN THEM. THE COMMUNITY DEVELOPOEMENT ASSOCIATION OF MYANMAR PROVIDES ENGINEERS FOR OUR PROJECTS. WE PAY THE EXPENSES OF THE ENGINEERS. ALL BUILDINGS ARE CONSTRUCTED TO GOVERNMENT STANDARDS. SCHOOLS ARE STAFFED BY TEACHERS PROVIDED BY THE CIVILIAN GOVERNMANT. EACH YEAR REPRESENTITIVES OF THE TRUST TRAVEL TO BURMA TO INSPECT AND APPRIVE THE PROJECTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN ADDITION TO THE SCOOLS AND WELLS WE PROVIDED THE FUNDS FOR THE CONSTRUCTION OF A WOMENS EDUCATION AND DEVELOPEMENT CENTER FOR THA YWCA OF MYANMAR. THE CENTER WAS BUILT IN A REMOTE MOUNTAIN VILLAGE IN MYANMAR. THE YWCA WILL BE ABLE TO TRAIN AT LEAST 125 WOMEN A YEAR THERE. THE BUILDING WAS ALREADY BEING USED WHEN WE ARRIVED FOR THE DEDICATION AND INSPECTION. WE ALSOPROVIDED A NUMBER OF COMPUTERS FOR THE YWCA EDUCATION PROGRAMS. THE YWCA OF MYANMAR ALSO CONDUCTS A VERY SUCCESSFUL MICRO FINANCE PROGRAM FOR WOMEN. THEY HAVE A REMAYMENT RATE OF 99.97% FOR THE PRIOR YEAR. WE FURNISHED 3000 IN CASH FOR THIS PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BUILD A WOMEN'S EDUCATION CENTER IN THE MOUNTAINS OF MYANMAR. THIS IS AIDING WOMEN WHO ARE AT RISK FOR SEX TRAFFICKING OR NO ECONOMIC HOPE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
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