Totals
- Total revenue
- $845,791
- Total expenses
- $1,358,191
- Contributions and grants received
- $547,966
- Grants paid
- $1,233,311
- Program service revenue
- $13,954
- Investment income
- $206,311
- Other revenue
- $77,560
- Total assets, end of year
- $9,794,853
- Total liabilities, end of year
- $7,284
- Net assets or fund balances, end of year
- $9,787,569
- Program services expenses (Part IX)
- $1,281,746
- Management and general expenses
- $76,445
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,281,746
Program services were 94.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$547,966
-
1g · Noncash contributions included above
$178,829
-
2f · All other program service revenue
total $13,954 · unrelated business -$8,005 · excluded $21,959
-
3 · Investment income
total $200,596 · excluded $200,596
-
7a · Gross sales of assets other than inventory
securities $74,104
-
7b · Less cost or other basis and sales expenses
securities $68,389
-
7c · Gain or loss
securities $5,715
-
7d · Net gain or loss
total $5,715 · excluded $5,715
-
11a · Other revenue: REIMBURSEMENT INCOME
total $77,560 · related or exempt $77,560
-
11e · Other revenue, total
$77,560
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,233,311 · program services $1,233,311
-
11c · Fees: accounting
total $9,600 · management and general $9,600
-
11f · Fees: investment management
total $476 · management and general $476
-
12 · Advertising and promotion
total $5,541 · program services $5,541
-
13 · Office expenses
total $340 · management and general $340
-
14 · Information technology
total $42,894 · program services $42,894
-
24a · Other expenses: N/D ENTERTAINMENT AND F
total $64,833 · management and general $64,833
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $791 · management and general $791
-
24c · Other expenses: BANK SERVICE CHARGES
total $405 · management and general $405
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,014,723 · end of year $9,298
-
11 · Investments: publicly traded securities
beginning of year $6,527,088 · end of year $7,857,198
-
15 · Other assets
beginning of year $1,994,223 · end of year $1,928,357
-
17 · Accounts payable and accrued expenses
beginning of year $45,077 · end of year $7,284
-
25 · Other liabilities
beginning of year $36,434 · end of year $0
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $9,454,523 · end of year $9,787,569
Mission and programs · 2023
Mission
TO SUPPORT STEWARDSHIP AND PHILANTHROPIC EFFORTS FOR THOSE SEEKING TO ADVANCE KINGDOM PURPOSES.
Activities or mission (Part I)
THE PRIMARY PURPOSE OF THE CORPORATION IS TO PROVIDE SUPPORT TO INDIVIDUALS AND BUSINESSES BY MAKING CHARITABLE GIFTS ON THEIR BEHALF, BY EDUCATING ABOUT OPPORTUNITIES FOR STEWARDSHIP, AND BY PROVIDING PHILANTHROPIC SUPPORT TO INDIVIDUAL DONORS AND OTHER CHARITIES.
-
TO SUPPORT STEWARDSHIP AND PHILANTHROPIC EFFORTS TO INDIVIDUAL DONORS AND OTHER CHARITIES.
Expenses $1,281,746 · Grants $1,233,311 · Revenue $77,560
As filed on the 2023 return.
Listed in Part VII
-
Bernard I BostwickBERNARD I BOSTWICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Adrian E YoungADRIAN E YOUNG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert T NaydenROBERT T NAYDEN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Neil R VestermarkNEIL R VESTERMARK
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Cheyenne BrubakerCHEYENNE BRUBAKER
SECRETARY
- Total calculated
- $0
- Hours/week
- 11
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$75,000
TO SUPPORT THE MISSION OF THE CHARITY
-
THE SPIRIT OF AMERICA FOUNDATION
$68,125
TO SUPPORT THE MISSION OF THE CHARITY
-
GREATER GRACE MISSIONARY BAPTIST CHURCH
$65,500
TO SUPPORT THE MISSION OF THE CHARITY
-
$62,000
TO SUPPORT THE MISSION OF THE CHARITY
-
SHINING LIGHT INC
$61,522
TO SUPPORT THE MISSION OF THE CHARITY
-
THE PALOMA SCHOOL
$61,000
TO SUPPORT THE MISSION OF THE CHARITY
-
CHRISTIAN LEADERSHIP DEVELOPMENT AFRICA
$50,250
TO SUPPORT THE MISSION OF THE CHARITY
-
$39,448
TO SUPPORT THE MISSION OF THE CHARITY
-
$30,000
TO SUPPORT THE MISSION OF THE CHARITY
-
$28,000
TO SUPPORT THE MISSION OF THE CHARITY
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
FAITHWARD HOLDINGS LLC
S · INVESTMENT ADVISORS · PA · 10% owned · share of income -$8,005 · share of assets $1,887,400
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413209349315276
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.