Totals
- Total revenue
- $3,102,842
- Total expenses
- $2,319,123
- Contributions and grants received
- $117
- Grants paid
- $0
- Program service revenue
- $2,803,865
- Investment income
- $272,465
- Other revenue
- $26,395
- Total assets, end of year
- $49,659,637
- Total liabilities, end of year
- $44,928,078
- Net assets or fund balances, end of year
- $4,731,559
- Program services expenses (Part IX)
- $1,985,140
- Management and general expenses
- $193,553
- Fundraising expenses
- $140,430
- Program service expenses (Part III)
- $1,985,140
Program services were 85.6% 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
$117
-
2a · Program service revenue: INTEREST ON TRUST ACCO
total $2,803,865 · related or exempt $2,803,865
-
3 · Investment income
total $272,465 · related or exempt $272,465
-
11a · Other revenue: CHANGE IN VALUE OF AGR
total $26,395 · related or exempt $26,395
-
11e · Other revenue, total
$26,395
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $37,652 · program services $18,826 · management and general $18,826
-
11c · Fees: accounting
total $42,726 · program services $21,363 · management and general $21,363
-
11f · Fees: investment management
total $4,736 · program services $1,912 · management and general $1,474 · fundraising $1,350
-
12 · Advertising and promotion
total $7,529 · program services $3,040 · management and general $2,343 · fundraising $2,146
-
13 · Office expenses
total $6,337 · program services $2,559 · management and general $1,973 · fundraising $1,805
-
16 · Occupancy
total $3,715 · program services $1,500 · management and general $1,156 · fundraising $1,059
-
17 · Travel
total $36,782 · program services $14,851 · management and general $11,448 · fundraising $10,483
-
19 · Conferences, conventions and meetings
total $11,252 · program services $4,543 · management and general $3,502 · fundraising $3,207
-
24a · Other expenses: INTEREST ON INVESTMENT
total $1,648,459 · program services $1,648,459
-
24b · Other expenses: MANAGEMENT FEES PAID FO
total $331,854 · program services $133,986 · management and general $103,290 · fundraising $94,578
-
24c · Other expenses: INTEREST ON TRUST/ANNUI
total $88,755 · program services $88,755
-
24d · Other expenses: CHARITABLE CONTRIBUTION
total $70,269 · program services $28,371 · management and general $21,871 · fundraising $20,027
-
24e · All other expenses
total $29,057 · program services $16,975 · management and general $6,307 · fundraising $5,775
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,073,935 · end of year $2,400,527
-
2 · Savings and temporary cash investments
beginning of year $801,469 · end of year $1,459,151
-
7 · Other notes and loans receivable
beginning of year $38,037,341 · end of year $42,996,051
-
11 · Investments: publicly traded securities
beginning of year $3,099,131 · end of year $2,803,908
-
15 · Other assets
beginning of year $14,977 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $504,176 · end of year $162,591
-
25 · Other liabilities
beginning of year $39,633,283 · end of year $44,765,487
-
27 · Net assets without donor restrictions
beginning of year $3,644,686 · end of year $4,511,118
-
28 · Net assets with donor restrictions
beginning of year $244,708 · end of year $220,441
Mission and programs · 2023
Mission
THE MISSION OF THE CHURCH OF GOD FOUNDATION, INC. IS TO OFFER INVESTORS AND DONORS THE ABILITY TO PARTICIPATE IN INVESTMENT OPPORTUNITIES MANAGED FOR THE SOLE PURPOSE OF FURTHERING THE KINGDOM THROUGH THE PRUDENT STEWARDSHIP OF THOSE ASSETS.
-
THE CHURCH OF GOD FOUNDATION SERVES AS A CHURCH EXTENSION FUND AND FINANCIAL SERVICES MINISTRY FOR THE CONSTITUENTS OF THE CHURCH OF GOD, CLEVELAND, TN. COGF PROVIDES CHURCH OF GOD CONSTITUENTS WITH INVESTMENT OPPORTUNITIES, PROVIDES FINANCING TO CHURCH OF GOD CHURCHES AND MINISTRIES, PROMOTES LEGACY GIVING PROGRAMS, SERVES AS TRUSTEE OF PLANNED GIFTS (CHARITABLE TRUSTS AND CHARITABLE GIFT ANNUITIES), PROVIDES FINANCIAL AND LEADERSHIP RESOURCES FOR CHURCH OF GOD MINISTERS AND CONGREGATIONS, AS WELL AS PROMOTING CHARITABLE GIVING TO CHURCH OF GOD MINISTRIES.
Expenses $1,985,140 · Revenue $3,102,725
As filed on the 2023 return.
Listed in Part VII
-
Dennis WatkinsDENNIS WATKINS
CHAIRMAN OF BOARD
- Total calculated
- $0
- Hours/week
- 1
-
Arthur D RhodesARTHUR D RHODES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Travis BallingerTRAVIS BALLINGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Chris ConineCHRIS CONINE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
T Dwight SpiveyT DWIGHT SPIVEY
PRESIDENT
- Total calculated
- $144,420
- From this org
- $0
- From related orgs
- $73,920
- Other
- $70,500
- Hours/week
- 40
-
Emma OgleEMMA OGLE
EXECUTIVE SECRETARY
- Total calculated
- $38,404
- From this org
- $0
- From related orgs
- $38,404
- Other
- $0
- Hours/week
- 40
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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CHURCH OF GOD INTERNATIONAL OFFICES
501(C)(3) · PROVIDES SUPPORT TO CHURCHES & ORGANIZATIONS WITHIN THE CHURCH OF GOD. · TN
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 July 2024
- IRS schema version
- 2023v5.1
- Source object
- 202442049349301009
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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