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Nonprofit · EIN 91-1956771

JOHN GEORGE JR PARAGRAPH X TRUST

Tax-exempt · DETROIT, MI 48275

Financials

$1.1M$6.4M2023$2.4M$2M2024
Revenue Expenses · by fiscal year end
Financials of JOHN GEORGE JR PARAGRAPH X TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,362,301$2,024,029$338,272$25,325,233$0$25,325,233
December 31, 2023990$1,094,467$6,356,551-$5,262,084$24,979,829$0$24,979,829
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$253,684
Investment income
$2,100,898
Net gain from sales of assets
$1,448,006
Other revenue
$7,719

Expenses

Grants and similar amounts paid
$1,537,923
Compensation of officers, directors and key employees
$132,000
Salaries, compensation and benefits (total)
$132,000
Professional fundraising fees
$0
Legal fees
$24,854
Accounting fees
$2,075
Occupancy
$4,700
Program services (functional)
$1,832,974
Management and general (functional)
$191,055

Balance sheet and other

Total assets, start of year
$24,979,829
Total assets, end of year
$25,325,233
Total liabilities, end of year
$0
Net assets, end of year
$25,325,233
Land, buildings and equipment
$6,518
Publicly traded securities
$9,410,266
Gross receipts
$4,944,388
Employees
0
Volunteers
3
Year formed
1928
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOHN S KANETRUSTEE
Trustee or director, Officer
7$44,000
BARBARAGEISMANMEYERSTRUSTEE
Trustee or director, Officer
7$44,000
EDWIN PAYNETRUSTEE
Trustee or director, Officer
7$44,000
COMERICA BANKTRUSTEE
Institutional trustee
0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
JOHN S KANETRUSTEE
Trustee or director, Officer
7$44,000
BARBARA GEISMAN MEYERSTRUSTEE
Trustee or director, Officer
7$44,000
EDWIN PAYNETRUSTEE
Trustee or director, Officer
7$44,000
COMERICA BANKTRUSTEE
Institutional trustee
–$0

Address and contacts

Address (IRS master file)
PO BOX 75000, DETROIT, MI 48275-7874
In care of
% COMERICA BANK
Principal officer (990 for 2024)
BARBARA GEISMAN MEYERS, 5639 BUCKMAN RD, HANOVER, MI 49241
Signed the 990
MATTHEW GRABOWSKI, VICE PRESIDENT
Phone
(248) 642-2221
Return prepared by
KPMG LLP

Mission

TO PROVIDE LOW COST COLLEGE LOANS TO STUDENTS FROM JACKSON AREA HIGH SCHOOLS.

990 for the year ended December 31, 2024

Program accomplishments

  • TO AWARD LOW COST COLLEGE LOANS TO STUDENTS FROM JACKSON AREA HIGH SCHOOLS.
    Expenses $1,441,250 · revenue $253,684
  • TO PROVIDE GRANTS TO ORGANIZATIONS LOCATED IN THE JACKSON AREA THAT PROVIDE EDUCATIONAL PROGRAMS FOR CHILDREN IN JACKSON COUNTY.
    Expenses $1,537,923 · grants $1,537,923
  • Expenses $132,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
91-1956771
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$25,325,233
Income (IRS master file)
$4,944,388

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,362,301$2,024,029$25,325,233XML
990December 2023$1,094,467$6,356,551$24,979,829XML
990December 2022–––IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 91-1956771).

Questions about JOHN GEORGE JR PARAGRAPH X TRUST

What is the EIN of JOHN GEORGE JR PARAGRAPH X TRUST?
The employer identification number (EIN) of JOHN GEORGE JR PARAGRAPH X TRUST is 91-1956771.
Is JOHN GEORGE JR PARAGRAPH X TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt.
Which annual return does JOHN GEORGE JR PARAGRAPH X TRUST file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of JOHN GEORGE JR PARAGRAPH X TRUST due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JOHN GEORGE JR PARAGRAPH X TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of JOHN GEORGE JR PARAGRAPH X TRUST?
The 990 for the year ended December 31, 2024 names BARBARA GEISMAN MEYERS.
Who are the officers and directors of JOHN GEORGE JR PARAGRAPH X TRUST?
The 990 for the year ended December 31, 2024 lists 4 people; 3 received compensation from the organization, the highest $44,000 (JOHN S KANE, TRUSTEE).
How much revenue does JOHN GEORGE JR PARAGRAPH X TRUST have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,362,301, expenses of $2,024,029 and total assets of $25,325,233 at year end.

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