Baptist Foundation Of New England Inc

Organization Overview

Baptist Foundation Of New England Inc is located in Northborough, MA. The organization was established in 1995. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Foundation Of New England Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Baptist Foundation Of New England Inc generated $587.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 52.7% each year . All expenses for the organization totaled $141.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING GRANTS AND FINANCIAL SUPPORT TO BAPTIST CHURCHES AND MINISTRIES IN NEW ENGLAND. MANAGEMENT OF INVESTMENTS ON BEHALF OF AND MAKING INTEREST BEARING LOANS TO AFFILIATED CHURCHES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACTIVITIES TO STRENGTHEN EXISTING NEW ENGLAND SOUTHERN BAPTIST CHURCHES. THIS INCLUDES MAKING LOANS TO MAINTAIN AGING CHURCH PROPERTIES.


ACTIVITIES TO SOUTHERN BAPTIST NEXT GENERATION MINISTRIES IN NEW ENGLAND.


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Board, Officers & Key Employees

Name (title)Compensation
Terry Dorsett
Executive Dir.
$0
Wanda Reyes-Dawes
Director
$0
Sweyden Dibble
Director
$0
Kelsey Presley
Director
$0
Rick Goodenough
Director
$0
Stephen Derrick
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$316,747
Investment income $270,416
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $587,163

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Baptist Foundation Of New England Inc has recieved totaling $30,939.

Awarding OrganizationAmount
Deus Spes Mea Foundation Inc

Miami, FL

PURPOSE: GENERAL USE

$15,000
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$14,179
Go Fish Foundation Inc

Enid, OK

PURPOSE: EVANGELISM AND PRINTING & DISTRIBUTION OF THE BIBLE.

$1,760
View Grant Recipient Profile

Peer Organizations

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