Sequoyah Hills Presbyterian Church Benevolence Foundation
- Assets
- $496.7k
- Revenue
- $31.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 06/2004
- Data as of
- 12/2021
- EIN
- 20-0975091
Organization Overview
Sequoyah Hills Presbyterian Church Benevolence Foundation, operating under the name Foundation, is located in Knoxville, TN. The organization was established in 2004. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, 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. 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 12/2021, Foundation generated $31.8k in total revenue. All expenses for the organization totaled $30.7k during the year ending 12/2021. While expenses have increased by 32.1% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SPREAD GODS MANY BLESSINGS BY MAKING CHARITABLE GIFTS TO LOCAL AND COMMUITY OUTREACH PROGRAMS, MINISTRIES, MISSIONS AND OTHER WORTHWHILE NON-PROFIT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPREAD GODS BLESSING - FUND REQUEST FROM NEIGHBORHOOD HOUSING AND KNOXVILLE LEADERSHIP FOUNDATION - OPERATION BACKYARD - DESIGNATED FOR AN ENCLOSED CONSTRUCTION TRAILER TO STORE AND TRANSPORT THE TOOLS AND EQUIPMENT USED BY VOLUNTEERS TO PROVIDE FREE HOME REPAIRS TO KNOXVILLES LOW-INCOCME, MARGINALIZED AND VULNERABLE FAMILIES AND NEIGHBORS.
SPREAD GODS BLESSING - FUND REQUEST FROM STREET HOPE TN. ONE-TIME GRANT DESIGNATED FOR A SECURITY GATE AT THE END OF THE DRIVEWAY TO THEIR FACILITY, PROTECTING YOUNG GIRLS WHO ARE VICTIMS OF SEX TRAFFICKING OR SEXUAL ABUSE.
SPREAD GODS BLESSING - FUND REQUEST FROM S.E.E.E.D KNOX FOR A ONE-TIME GRANT REQUEST DESIGNATED FOR THE TOOLS AND EQUIPMENT NEEDED TO BUILD SOLAR HOMES FOR MID-TO-LOW INCOME FAMILIES IN KNOXVILLE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Lyon Board Member | Trustee | 0.1 | $0 |
Christina Gillespie Board Member | Trustee | 0.1 | $0 |
Sam Bills Board Member | Trustee | 0.1 | $0 |
Sheila White Board Member | Trustee | 0.1 | $0 |
John Haynes Board Member | Trustee | 0.1 | $0 |
James Harrison Board Member | Trustee | 0.1 | $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 | $0 |
| Investment income | $24,302 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,484 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,786 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $29,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,668 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $30,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $44,372 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $452,315 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $496,687 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $496,687 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $496,687 |
Grants Awarded
Over the last fiscal year, Sequoyah Hills Presbyterian Church Benevolence Foundation has awarded $29,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
STREET HOPE TN PURPOSE: Security gate at new facility | $10,000 |
KNOXVILLE LEADERSHIP FOUNDATION PURPOSE: Enclosed construction trailer | $10,000 |
SEEED KNOX PURPOSE: Tools & equipment to build solar homes | $9,000 |