Disciples Foundation Inc is located in Nashville, TN. The organization was established in 2001. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2023, Disciples Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Disciples Foundation 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 06/2023, Disciples Foundation Inc generated $370.7k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $355.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 5 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE CALLED TO PREPARE EXCELLENT DISCIPLES MINISTERS THROUGH OUR SUPPORTIVE COMMUNITY OF FAITH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING - PROVIDE LOW COST, SUBSIDIZED HOUSING FOR DISCIPLES OF CHRIST MINISTRY STUDENTS AT VANDERBILT DIVINITY SCHOOL.
INTEREST EXPENSE
FINANCIAL SUPPORT - PROVIDE TUITION AND LIVING COST ASSISTANCE FOR DISCIPLES OF CHRIST MINISTRY STUDENTS AT VANDERBILT DIVINITY SCHOOL.
HOUSE ACTIVITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Beth Pattillo President And Acting Dean | Officer | 20 | $3,494 |
Diana Hodges-Batzka Board Of Trustees Member | Trustee | 2 | $0 |
Stella Hollis Board Of Trustees Member | Trustee | 2 | $0 |
Jay Hartley Board Of Trustees Member | Trustee | 2 | $0 |
Christal Williams Board Of Trustees Member | Trustee | 2 | $0 |
Dana Reynolds Board Of Trustees Member | Trustee | 2 | $0 |
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 | $170,804 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $170,804 |
Total Program Service Revenue | $146,650 |
Investment income | $48,639 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $4,650 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $370,743 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $59,938 |
Grants and other assistance to Foreign Orgs/Individuals | $14,487 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $43,659 |
Compensation of current officers, directors, key employees. | $13,098 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $69,261 |
Pension plan accruals and contributions | $9,186 |
Other employee benefits | $0 |
Payroll taxes | $3,619 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $17,079 |
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 | $199 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $58,138 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $9,908 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $32,603 |
Insurance | $23,124 |
All other expenses | $4,905 |
Total functional expenses | $355,606 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $115,498 |
Savings and temporary cash investments | $15,000 |
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 | $6,270 |
Net Land, buildings, and equipment | $370,748 |
Investments—publicly traded securities | $0 |
Investments—other securities | $1,323,256 |
Investments—program-related | $0 |
Intangible assets | $1,252 |
Other assets | $0 |
Total assets | $1,832,024 |
Accounts payable and accrued expenses | $10,017 |
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 | $170,864 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $7,561 |
Total liabilities | $188,442 |
Net assets without donor restrictions | $391,204 |
Net assets with donor restrictions | $1,252,378 |
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 | $1,832,024 |