Juanita Morris Testamentary Trust Fbo First Methodist Church Of Breckenridge

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 756445678 ✦ Abilene, TX ✦ Designated as a 501(c)(3)

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Overview

What is Juanita Morris Testamentary Trust Fbo First Methodist Church Of Breckenridge?

Juanita Morris Testamentary Trust Fbo First Methodist Church of Breckenridge is a nonprofit entity that offers its support to the First United Methodist Church of Breckenridge located in Abilene, Texas. The trust's primary mission is to aid in church operations by funding various programs. This nonprofit organization's activities are centered around strengthening the First United Methodist Church of Breckenridge, thereby contributing to its overall functioning and growth.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star (58%)

The Juanita Morris Testamentary Trust Fbo First Methodist Church Of Breckenridge has received a One-Star out of Four Star rating from Charity Navigator, indicating significant areas for improvement in accountability and finance. The overall score of 58% reflects concerns about governance, particularly the absence of independent board members and missing policies related to conflicts of interest and whistleblower protections.

Despite these governance issues, the organization does have some positive financial metrics, such as a strong program expense ratio of 68.69%, which suggests that a substantial portion of its funds is directed toward its mission-related activities. Additionally, there are no reported material diversions of assets, which is a positive aspect of its financial health.

However, the lack of transparency is concerning, as the charity's website is missing critical documents required for public scrutiny, including its tax form and board meeting minutes. This absence of information may hinder trust and accountability, which are essential for effective nonprofit operations.


This AI summary has been generated from information found on Charity Navigator.

Is Juanita Morris Testamentary Trust Fbo First Methodist Church Of Breckenridge legitimate?

Juanita Morris Testamentary Trust Fbo First Methodist Church Of Breckenridge is a legitimate nonprofit organization registered as a 501(c)(3) entity. Juanita Morris Testamentary Trust Fbo First Methodist Church Of Breckenridge 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: $7,351
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Juanita Morris Testamentary Trust Fbo First Methodist Church Of Breckenridge?

The Juanita Morris Testamentary Trust, functioning under First Methodist Church of Breckenridge, is dedicated to supporting church operations. They accomplish this by focusing on programs that aid the First United Methodist Church in Abilene, Texas. The primary goal is to provide essential resources and assistance to ensure the church's smooth operation and ongoing service to its community. The trust's activities are centered around strengthening the church's infrastructure and enhancing its ability to serve its members and the broader community.

Who is the CEO of Juanita Morris Testamentary Trust Fbo First Methodist Church Of Breckenridge?

Grant Cunningham is the Principal Officer of Juanita Morris Testamentary Trust Fbo First Methodist Church Of Breckenridge.

What is the revenue of Juanita Morris Testamentary Trust Fbo First Methodist Church Of Breckenridge?

Juanita Morris Testamentary Trust Fbo First Methodist Church Of Breckenridge's revenue in 2022 was $31,525.

Who are the executives of Juanita Morris Testamentary Trust Fbo First Methodist Church Of Breckenridge and what are their salaries?


There is 1 key member and their salary:


First Financial Trust & Asset Mgmt Co (Trustee)
  • Compensation: $7,351
  • Related: $0
  • Other: $0
Where can I find the form 990 for Juanita Morris Testamentary Trust Fbo First Methodist Church Of Breckenridge?

Juanita Morris Testamentary Trust Fbo First Methodist Church Of Breckenridge's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Juanita Morris Testamentary Trust Fbo First Methodist Church Of Breckenridge

Juanita Morris Testamentary Trust Fbo First Methodist Church of Breckenridge is a nonprofit organization dedicated to providing support for the operations of the First United Methodist Church of Breckenridge in Abilene, TX. The mission of this trust is to focus on programs that aid and uplift the church, ensuring its smooth functioning and continuity. By offering support to this religious institution, Juanita Morris Testamentary Trust Fbo First Methodist Church of Breckenridge contributes to the spiritual and communal well-being of its community.

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Impact




October, 2024

The Juanita Morris Testamentary Trust for the First Methodist Church of Breckenridge significantly impacts the church's operations by providing essential financial support. This trust enables the church to maintain and enhance its programs, ensuring that it can continue serving its congregation and the wider community in Abilene, TX. By focusing on the operational needs of the First United Methodist Church of Breckenridge, the trust plays a critical role in sustaining various initiatives, including worship services, community outreach, and educational programs. This support fosters growth and engagement within the church, promoting a strong sense of community and spiritual development among its members.




This information is meant to be a general summary of Juanita Morris Testamentary Trust Fbo First Methodist Church Of Breckenridge. 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.

Revenue
$31,525 (2022)
Expenses
$35,278 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $31,525
  • Gross Receipts: $156,174

Assets and Liabilities:

  • Total Assets: $563,198
  • Total Liabilities: $0
  • Net Assets: $563,198

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Organization Details

Founding Year

1993

Principal Officer

Grant Cunningham

Main Address

PO BOX 701, ABILENE, TX, 79604

NTEE Category

Code: X20 - Religion related

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