Overview
What is St John's Episcopal Church Endowment Inc?
St. John's Episcopal Church Endowment Inc is a nonprofit organization, situated in Charlotte, North Carolina, with an address at 1623 Carmel Road. Its primary purpose is to support the mission and activities of St. John's Episcopal Church in Charlotte, extending their capabilities beyond their annual budgets. The endowment aims to foster various ministries through financial assistance, thereby enabling the church to make a broader impact in the community. The specific activity mentioned in the information is a grant provided for the church's outreach program.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
St John's Episcopal Church Endowment Inc has demonstrated a strong commitment to accountability and finance, achieving an overall score of 80%. The organization boasts a fully independent board of directors, with 100% of its members free from conflicts of interest, which contributes to its governance integrity. This is further supported by the absence of any material diversion of assets and the documentation of board meeting minutes, indicating transparency in its operations.
The charity has a solid program expense ratio of 80.52%, reflecting its focus on directing funds toward its mission-related activities. With a liabilities to assets ratio of 0.00%, the organization shows strong financial stability. While the rating highlights significant strengths in governance and financial reporting, it is essential for potential donors to review ongoing activities and impact to fully understand the charity's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is St John's Episcopal Church Endowment Inc legitimate?
St John's Episcopal Church Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St John's Episcopal Church Endowment 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 Inc?
St. John's Episcopal Church Endowment Inc's mission is to aid in the fulfillment of St. John's Episcopal Church's mission beyond its annual budgets. This is achieved by developing and funding various ministries. The primary goal is to extend the church's reach and impact, thereby serving its community more comprehensively. The endowment fund provides financial assistance to the church, as evidenced by its grant for an outreach program.
Who is the CEO of St John's Episcopal Church Endowment Inc?
George Sheild is the Chairperson of St John's Episcopal Church Endowment Inc.
What is the revenue of St John's Episcopal Church Endowment Inc?
St John's Episcopal Church Endowment Inc's revenue in 2022 was -$62,821.
Who are the executives of St John's Episcopal Church Endowment Inc and what are their salaries?
There 14 volunteers at St John's Episcopal Church Endowment Inc.
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Where can I find the form 990 for St John's Episcopal Church Endowment Inc?
St John's Episcopal Church Endowment Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St John's Episcopal Church Endowment Inc
St. John's Episcopal Church Endowment Inc's mission is centered around supporting and enhancing the mission and activities of St. John's Episcopal Church in Charlotte, NC. The endowment aims to extend the church's capabilities beyond what is feasible through its annual operating budgets. This is achieved by developing various ministries, thereby enabling St. John's Episcopal Church to serve its community more comprehensively. The endowment's activities are not specified in the provided information, but it is clear that its primary objective is to contribute to the church's broader mission.
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Impact
October, 2024
St John's Episcopal Church Endowment Inc plays a crucial role in enhancing the mission and activities of St. John's Episcopal Church in Charlotte, NC. By providing grants specifically aimed at outreach efforts, the endowment enables the church to expand its ministries and reach beyond the limitations of its annual operating budget. This financial support allows the church to fulfill its mission more comprehensively, fostering community engagement and support initiatives that address various needs within the community. Through its impact, St John's Episcopal Church Endowment Inc cultivates an environment of service and connection, ensuring that the church can continue to serve its congregation and the broader community effectively.
This information is meant to be a general summary of St John's Episcopal Church Endowment 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: -$167,638
- Gross Receipts: $148,338
Assets and Liabilities:
- Total Assets: $1,179,866
- Total Liabilities: $0
- Net Assets: $1,179,866
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Organization Details
Founding Year
2017
Phone
(704) 366-3034Principal Officer
George Sheild
Main Address
1623 Carmel Rd, Charlotte, NC, 282265015
NTEE Category
Code: X11 - Religion related
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