Overview
What is Christ Episcopal Church Trust?
Christ Episcopal Church Trust is a nonprofit organization with a primary objective of accumulating funds through collection and investment. Its primary purpose is to contribute to charitable, religious, and educational causes. The trust's mission is centered around supporting and expanding the work of the church, as well as backing missions, projects, and charities that are affiliated with, related to, or chosen by the church, with the approval of its Board of Trustees. The trust operates within the state of North Carolina, specifically in New Bern.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%)
Christ Episcopal Church Trust has received a two-star rating from Charity Navigator, indicating that there are significant areas for improvement. The organization demonstrates strong accountability in certain areas, such as having a fully independent board and maintaining a favorable liabilities to assets ratio. Additionally, its program expense ratio is high, suggesting efficiency in program implementation.
However, there are notable deficiencies that impact its overall rating. The organization lacks essential governance policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Furthermore, critical information such as the nonprofit's website and tax form was not accessible, which raises transparency concerns.
These limitations highlight the need for Christ Episcopal Church Trust to enhance its governance practices and improve transparency to foster greater trust and accountability among its stakeholders. Addressing these gaps could lead to better ratings and increased support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Christ Episcopal Church Trust legitimate?
Christ Episcopal Church Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christ Episcopal Church Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Christ Episcopal Church Trust?
The Christ Episcopal Church Trust's primary objective is to support the growth, improvement, and upkeep of the church's work. This includes backing missions, projects, and charities that are either sponsored by, connected with, or chosen by the church, as long as they are approved by the Board of Trustees. The trust's sole activity involves collecting and investing funds, and then distributing the earnings for charitable, religious, and educational purposes. The Trust's aim is to contribute to various causes that align with the church's values and aspirations.
What is the revenue of Christ Episcopal Church Trust?
Christ Episcopal Church Trust's revenue in 2023 was -$7,498.
Who are the executives of Christ Episcopal Church Trust and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Christ Episcopal Church Trust?
Christ Episcopal Church Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Christ Episcopal Church Trust
Christ Episcopal Church Trust is a nonprofit organization dedicated to supporting the work of the church and various missions, projects, and charities. The trust's primary role is to collect, invest, and distribute earnings for charitable, religious, and educational purposes. It approves missions, projects, and charities that are either sponsored by, connected with, or selected by the church. The aim of Christ Episcopal Church Trust is to contribute to the development, expansion, and maintenance of these approved initiatives, thereby benefiting the community at large. By providing financial support, the trust plays a crucial role in furthering the church's mission and promoting positive change in society.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Christ Episcopal Church Trust significantly contributes to the development, expansion, and overall mission of Christ Episcopal Church in New Bern, NC. Its primary function involves collecting and investing funds, which generates earnings distributed for various charitable, religious, and educational purposes. This financial support equips the church to carry out its community outreach, fund missions, and engage in selected projects and charities that align with its values. By enabling the church to sustain and grow its initiatives, the Trust plays a vital role in enhancing the spiritual and social fabric of the community it serves.
This information is meant to be a general summary of Christ Episcopal Church Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $39,359
- Gross Receipts: $569,432
Assets and Liabilities:
- Total Assets: $1,550,505
- Total Liabilities: $0
- Net Assets: $1,550,505
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1975
Principal Officer
Lee Knott
NTEE Category
Code: X20 - Religion related
If you are a representative of Christ Episcopal Church Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.