First Baptist Petworth Community Development Corporation is located in Washington, DC. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Baptist Petworth Community Development Corporation 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, First Baptist Petworth Community Development Corporation generated $8.8k 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 (20.9%) each year. All expenses for the organization totaled $21.9k 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 ORGANIZATION WAS INCORPORATED IN DECEMBER 2019 AND THE PRIMARY EXPENSES INCURRED IN YEARS 2020, 2021, 2022 AND 2023 WERE FOR PROFESSIONAL SERVICES PROVIDED BY AN AFFORDABLE HOUSING CONSULTANT, ATTORNEYS, AND ARCHITECT FOR A SINGLE AFFORDABLE HOUSING PROJECT. THE PROJECT REMAINS IN THE PREDEVELOPMENT STAGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Frank D Tucker Chairman | 3 | $0 | |
Samuel Malone Treasurer | 3 | $0 | |
Tony Braxton Secretary | 3 | $0 | |
Angie Palmer Rose Vice Chairman | 3 | $0 | |
Samuel Mccoy Director | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,800 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $8,800 |
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 | $21,809 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $117 |
Total expenses | $21,926 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,355 |
Other assets | $0 |
Total assets | $1,355 |
Total liabilities | $0 |
Net assets or fund balances | $1,355 |