Broadway Presbyterian Church Endowment Trust
- Assets
- $296.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Broadway, NC
- Founding
- 03/1990
- Data as of
- 12/2021
- 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 12/2021, Broadway Presbyterian Church Endowment Trust generated $11.7k in total revenue. All expenses for the organization totaled $3.1k during the year ending 12/2021.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
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 | |
Marty Stevens Director | 0.5 | $0 | |
Janice Thomas Director | 0.5 | $0 | |
Michael Thomas Director | 0.5 | $0 | |
Garland Smith Director | 0.5 | $0 | |
Jeff Griffith Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11,688 |
| Gain or Loss | $2 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,690 |
| 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 | $3,070 |
| Total expenses | $3,070 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,172 |
| Other assets | $0 |
| Total assets | $296,837 |
| Total liabilities | $0 |
| Net assets or fund balances | $296,837 |
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