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FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED

FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED

Richmond, VA, US
501(c)3
EIN
54-0858196
Regional Funder
funder logo

FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED

Richmond, VA, US
501(c)3
EIN
54-0858196
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$3,480,761

Other
56%
Investments
31%
Contributions
13%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$4,431,452

Grants
96%
Fees to Service Providers
4%
Other
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$882,450
$459,999
-48%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,023,785
$1,063,339
+4%
Other
$1,072,904
$1,957,423
+82%
Total Revenues
$2,979,139
$3,480,761
+17%
Expenses
2023
2024
Change
Grants
$2,237,578
$4,271,282
+91%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$160,484
$157,888
-2%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$15,348
$2,282
-85%
Total Expenses
$2,413,410
$4,431,452
+84%
Net income
2023
2024
Change
Net income
+$565,729
-$950,691
-268%
Functional Expenses
Summary
2023
2024
Change
Program
$2,237,578
$4,271,282
+91%
Admin
$175,832
$160,170
-9%
Fundraising
$0
$0
-
Total Expenses
$2,413,410
$4,431,452
+84%
Income Statement
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