Ephesians 2 10 Foundation
- Assets
- $1.1m
- Revenue
- $47.2k
- Investments
- $1.1m
- Employees
- 0
- Location
- Canton, GA
- Founding
- Data as of
- 12/2023
- EIN
- 87-1991285
Organization Overview
Ephesians 2 10 Foundation is located in Canton, GA. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Ephesians 2 10 Foundation 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, Ephesians 2 10 Foundation generated $47.2k in total revenue. All expenses for the organization totaled $69.0k during the year ending 12/2023. While expenses have increased by 162.5% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE GRANTS TO CHARITABLE ORGANIZATIONS TO ADVICE THE KINDGOM OF GOD.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Sangrey Chairman | 0 | $0 | |
Kelley Sangrey Secretary | 0 | $0 | |
Paula Mcmahon Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $163 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,458 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,554 |
| Capital Gain Net Income | $20 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $47,175 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $189 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $321 |
| Total operating and administrative expenses | $14,847 |
| Contributions, gifts, grants paid | $54,168 |
| Total expenses and disbursements | $69,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $27,206 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,131,448 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ephesians 2 10 Foundation has awarded $54,168 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
OUR BRANCHES PURPOSE: SUPPORT | $20,000 |
SERVE INTERNATIONAL PURPOSE: SUPPORT | $12,000 |
DRIVEN TO ENCOURAGE MINISTRIES PURPOSE: SUPPORT | $12,000 |
FCS REINHARDT PURPOSE: SUPPORT | $5,168 |
ENCOMPASS MINISTRIES PURPOSE: SUPPORT | $5,000 |