Broadway Presbyterian Church Endowment Trust
- Assets
- $279.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Broadway, NC
- Founding
- 03/1990
- Data as of
- 12/2023
- EIN
- 56-6356475
Organization Overview
Broadway Presbyterian Church Endowment Trust is located in Broadway, NC. The organization was established in 1990. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broadway Presbyterian Church Endowment Trust 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 12/2023, Broadway Presbyterian Church Endowment Trust generated $9.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (57.8%) each year. All expenses for the organization totaled $1.9k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ENDOWMENT TRUST MAKES GRANTS TO BROADWAY PRESBYTERIAN CHURCH. THOSE FUNDS ARE USED BY THE CHURCH TO SUPPORT ITS OPERATIONS WHICH INCLUDES MAKING CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Stevens Director | 0.5 | $0 | |
Woody Beale Director | 0.5 | $0 | |
Janice Thomas Director | 0.5 | $0 | |
Martha Stevens Director | 0.5 | $0 | |
Michael Thomas Director | 0.5 | $0 | |
Garland Smith Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,321 |
| Gain or Loss | $862 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,183 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,929 |
| Total expenses | $1,929 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,388 |
| Other assets | $0 |
| Total assets | $279,237 |
| Total liabilities | $0 |
| Net assets or fund balances | $279,237 |