First Methodist Church Fund
- Assets
- $257.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Parkersburg, WV
- Founding
- 06/1999
- Data as of
- 12/2022
- EIN
- 55-6075855
Organization Overview
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 12/2022, First Methodist Church Fund generated $17.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $27.6k during the year ending 12/2022. 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
2022
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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,332 |
| Gain or Loss | $9,957 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,289 |
| 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 | $1,060 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,105 |
| Total expenses | $27,633 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $257,841 |
| Other assets | $0 |
| Total assets | $257,841 |
| Total liabilities | $0 |
| Net assets or fund balances | $257,841 |