Overview
What is St John's Episcopal Church Endowment Fund Inc?
St. John's Episcopal Church Endowment Fund Inc is a nonprofit organization situated in Richmond, Virginia, specifically at 2319 East Broad Street. The primary objective of this entity is to support the charitable programs and activities of St. John's Episcopal Church. This includes funding for repairs and maintenance to preserve the church as a significant religious and historical landmark. The endowment fund's mission is to contribute to the operations and development of St. John's Episcopal Church, ensuring its continued growth and service to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
St John's Episcopal Church Endowment Fund Inc has received a rating of 87%, reflecting strong accountability and financial practices. The rating is derived entirely from its Accountability & Finance score, which suggests that the organization is effectively managing its resources and maintaining a high level of transparency.
The organization excels in several key areas, including a fully independent board, which is a positive indicator of governance. It has also reported no material diversion of assets and has comprehensive policies in place regarding conflicts of interest and whistleblowing. The program expense ratio is notably high at 87.43%, indicating that a significant portion of its resources is dedicated to its programs rather than administrative costs.
While the organization's financial practices are commendable, the overall rating does not account for other important aspects such as programmatic impact or community feedback, which can provide a more rounded view of its effectiveness. Nonetheless, based on the available financial data, St John's Episcopal Church Endowment Fund Inc demonstrates a commitment to responsible stewardship of its funds.
This AI summary has been generated from information found on Charity Navigator.
Is St John's Episcopal Church Endowment Fund Inc legitimate?
St John's Episcopal Church Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St John's Episcopal Church Endowment Fund Inc 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.
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What is the mission statement of St John's Episcopal Church Endowment Fund Inc?
The mission of St John's Episcopal Church Endowment Fund Inc is centered around supporting the operations and development of St. John's Episcopal Church. This support extends to the church's charitable programs and activities, as well as the maintenance and preservation of the church as a religious and historic landmark. The fund's distributions are utilized for repairs and upkeep of the church, ensuring its continued presence and service to the community.
Who is the CEO of St John's Episcopal Church Endowment Fund Inc?
Patty Soileau is the President of St John's Episcopal Church Endowment Fund Inc.
What is the revenue of St John's Episcopal Church Endowment Fund Inc?
St John's Episcopal Church Endowment Fund Inc's revenue in 2022 was $212,976.
Who are the executives of St John's Episcopal Church Endowment Fund Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for St John's Episcopal Church Endowment Fund Inc?
St John's Episcopal Church Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St John's Episcopal Church Endowment Fund Inc
St. John's Episcopal Church Endowment Fund Inc is committed to supporting the operations and development of St. John's Episcopal Church. This nonprofit organization's mission is to ensure the continued functioning and growth of the church, which serves as a religious and historic landmark. To achieve this, the fund makes distributions to support the charitable programs and activities of St. John's Church. These funds are utilized for various purposes, such as repairs and maintenance, which contribute to the preservation of the church's historical significance. By providing financial support, St. John's Episcopal Church Endowment Fund Inc plays a crucial role in ensuring the church's longevity and continued service to its community.
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Impact
October, 2024
St. John's Episcopal Church Endowment Fund Inc. plays a vital role in ensuring the sustainability and growth of St. John's Episcopal Church in Richmond, VA. By providing financial support for the church's operations and development, the fund helps maintain the church as both a religious institution and a historic landmark.
The impact of the endowment fund is evident in its support for a variety of charitable programs and activities that enrich the community. Regular distributions facilitate essential repairs and maintenance, preserving the physical structure and heritage of the church for future generations. This commitment to preservation enables St. John’s to remain a spiritual haven, fostering a sense of community and continuity among its members and the wider public.
Overall, the endowment fund directly contributes to the church's operational stability and enhances its ability to serve as a cornerstone of faith, community engagement, and historical significance in Richmond.
This information is meant to be a general summary of St John's Episcopal Church Endowment Fund Inc. 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 2022.
- Investment Income: $212,856
- Program Service Revenue: $120
- Gross Receipts: $1,340,097
Assets and Liabilities:
- Total Assets: $3,765,986
- Total Liabilities: $1,247,112
- Net Assets: $2,518,874
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNEX RENT
Revenue
$120
Organization Details
Founding Year
1918
Phone
(804) 649-7938Principal Officer
Patty Soileau
Main Address
2319 EAST BROAD STREET, RICHMOND, VA, 23223
NTEE Category
Code: X11 - Religion related
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