First Methodist Church Fund is located in Parkersburg, WV. The organization was established in 1999. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Methodist Church Fund 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, First Methodist Church Fund generated $20.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $22.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FINANCIAL SUPPORT TO THE CHURCH TO OPERATE AND MAINTAIN VARIOUS CHURCH AND RELIGIOUS PROGRAMS THAT ARE OFFERED TO THE CONGREGATION.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $7,208 |
Gain or Loss | $12,834 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $20,042 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $925 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $5,062 |
Total expenses | $22,263 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $268,185 |
Other assets | $0 |
Total assets | $268,185 |
Total liabilities | $0 |
Net assets or fund balances | $268,185 |
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