Protestant Episcopal Church In The Diocese Of Georgia Inc
- Assets
- $13.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Savannah, GA
- Founding
- 05/1971
- Data as of
- 12/2023
- EIN
- 58-0827091
Organization Overview
Protestant Episcopal Church In The Diocese Of Georgia Inc is located in Savannah, GA. The organization was established in 1971. 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. Protestant Episcopal Church In The Diocese Of Georgia Inc 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, Protestant Episcopal Church In The Diocese Of Georgia Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 28.0% each year . All expenses for the organization totaled $772.3k during the year ending 12/2023. While expenses have increased by 10.6% per year over the past 8 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.
Since 2016, Protestant Episcopal Church In The Diocese Of Georgia Inc has awarded 87 individual grants totaling $3,404,322. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THIS FUND POOLS CONGREGATIONAL RESOURCES TO PROVIDE PROFESSIONAL INVESTMENT MANAGEMENT. THE ORGANIZATION IS AN ASSOCIATION OF PARISHES AND ORGANIZATIONS IN THE PROTESTANT EPSICOPAL CHURCH IN DIOCESE OF GEORGIA. ITS MISSION IS TO PROVIDE A MANAGEMENT-INVESTMENT PARTNERSHIP FOR LONG-TERM AND PERMANENT FUNDS FOR LOCAL CHURCHES, INSTITUTIONS, AND MINISTRIES OF THE DIOCESE; TO ENCOURAGE AND RECEIVE PLANNED GIFTS IN SUPPORT OF SUCH CHURCHES, INSTITUTIONS AND MINISTRIES; TO ASSIST DONORS IN PLACING THEIR GIFTS; AND TO DISTRIBUTE FUNDS TO SUCH CHURCHES, INSTITUTIONS AND MINISTRIES TO ENABLE THEM TO THRIVE AND GROW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS AMOUNT REPRESENTS PAYMENTS OF INCOME EARNED ON VARIOUS FUNDS FOR THE CHARITABLE PURPOSES OF THE CHURCHES THAT ARE PART OF THE DIOCESE. SEE SCHEDULE I FOR A LIST OF DISBURSEMENTS. IN SOME CASES, THE PAYMENTS REPRESENT A RETURN OF PRINCIPAL TO THE INDIVIDUAL CHURCH. OTHER DISBURSEMENTS REPRESENT VARIOUS PAYMENTS FROM FUND BALANCES IN SUPPORT OF THE MISSION OF THE FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Austin Treasurer | OfficerTrustee | 0 | $0 |
Becky Cheatham Board Of Off | Trustee | 0 | $0 |
Whit Davis Board Of Off | Trustee | 0 | $0 |
Billy Dowdle Board Of Off | Trustee | 0 | $0 |
Carolyn Eager Board Of Off | Trustee | 0 | $0 |
Katie Easterlin Canon Admini | Trustee | 0 | $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 | $332,430 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $332,430 |
| Total Program Service Revenue | $0 |
| Investment income | $327,200 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $600,013 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,259,643 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $700,061 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $72,248 |
| 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 | $772,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $400,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $13,098,801 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,498,801 |
| 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 | $13,494 |
| Total liabilities | $13,494 |
| Net assets without donor restrictions | $3,362,847 |
| Net assets with donor restrictions | $10,122,460 |
| 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 | $13,498,801 |
Grants Awarded
Over the last fiscal year, Protestant Episcopal Church In The Diocese Of Georgia Inc has awarded $695,561 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CHRIST CHURCH PURPOSE: SUPPORT FUND MISSION | $58,827 |
CHURCH OF THE ANNUNCIATION PURPOSE: SUPPORT FUND MISSION | $9,885 |
COLLEGIATE CHURCH ST PAULDISTRIBUTIONS PURPOSE: SUPPORT FUND MISSION | $5,721 |
EPISCOPAL YOUTH AND CHILDREN'S FUNDDISTRIBUTIONS PURPOSE: SUPPORT FUND MISSION | $48,044 |
ENDOWMNENT OF EPISC | | | $22,237 |
GENERAL DIOCESAN FUND DISTRIBUTIONS PURPOSE: SUPPORT FUND MISSION | $74,316 |