Matthew 28 18-20 Charitable Tr
- Assets
- $2.3m
- Revenue
- $79.9k
- Investments
- $327.0k
- Employees
- 0
- Location
- Dunnellon, FL
- Founding
- 03/1992
- Data as of
- 12/2022
- EIN
- 59-3091298
Organization Overview
Matthew 28 18-20 Charitable Tr is located in Dunnellon, FL. The organization was established in 1992. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Matthew 28 18-20 Charitable Tr 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, Matthew 28 18-20 Charitable Tr generated $79.9k 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 (8.8%) each year. All expenses for the organization totaled $193.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Matthew 28 18-20 Charitable Tr has awarded 62 individual grants totaling $962,394. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST SUPPORTS THE DEVELOPMENT AND DEPLOYMENT OF PORTABLE AND RAPIDLY DEPLOYABLE PROTOTYPE AIRCRAFT AND PORTABLE MEDICAL EQUIPMENT FOR USE BY MISSIONARIES AND AID
DEPRECIATION ON EQUIPMENT AND FACILITIES EXPENSES TO SUPPORT I-TECH PROJECT
HELPING OTHER MISSONARIES
TEMPORARY HOUSING FOR GUEST AND VOLUNTEERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen F Saint Trustee | 5 | $0 | |
Jesse A Saint Trustee | 5 | $0 | |
Virginia L Saint Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,175 |
| Interest on Savings | $12,574 |
| Dividends & Interest | $9,194 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $14,035 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $56,995 |
| Total Revenue | $79,938 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,166 |
| Depreciation | $39,116 |
| Occupancy | $50,012 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,752 |
| Other expenses | $4,918 |
| Total operating and administrative expenses | $99,549 |
| Contributions, gifts, grants paid | $93,431 |
| Total expenses and disbursements | $192,980 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $308,322 |
| Savings and temporary cash investments | $741,362 |
| 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 | $85,000 |
| Net Land, buildings, and equipment | $891,920 |
| Other assets | $467 |
| Total assets | $2,269,054 |
| 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 | $450,000 |
| Total liabilities | $450,000 |
Grants Awarded
Over the last fiscal year, Matthew 28 18-20 Charitable Tr has awarded $93,431 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
I-TECH INC PURPOSE: SUPPORT | $7,481 |
I-TECH INC PURPOSE: ECUADOR SUPPORT | $9,000 |
PAY IT FORWARD OUTREACH PURPOSE: SUPPORT | $1,350 |
GREEN WINDOWS MINITRIES PURPOSE: SUPPORT | $1,000 |
WOMEN'S PREGNANCY CENTER PURPOSE: SUPPORT | $5,000 |
HANDS OF MERCY EVERYWHERE PURPOSE: SUPPORT | $1,000 |