Civic Intelligence

First Baptist Church Foundation

990 • Fiscal year 2016 • EIN 26-4092317

Jun 01, 2015 to May 31, 2016 • Filed on Apr 18, 2017

48 Meeting StreetCharleston, SC 29401-2535

(843) 722-3896

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

50th percentile

0.25x

Higher debt load relative to revenue than 50% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

12th percentile

-19%

Higher net margin than 12% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

31st percentile

-1.9%

Faster asset growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

22nd percentile

-9.5%

Faster revenue growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Down

$17,071,498

Down $336,619 (-1.9%) from 2015

Net Assets

Down

$16,987,643

Down $147,853 (-0.9%) from 2015

Liabilities

Down

$83,855

Down $188,766 (-69%) from 2015

Revenue

Down

$339,193

Down $35,626 (-9.5%) from 2015

Expenses

Up

$403,144

Up $119,369 (+42%) from 2015

Net Income

Down

-$63,951

Down $154,995 (-170%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2012: $4,510,013Liabilities 2012: $3,739,310Net Assets 2012: $770,7032012Assets 2013: $5,792,845Liabilities 2013: $3,729,935Net Assets 2013: $2,062,9102013Assets 2014: $17,655,769Liabilities 2014: $618,384Net Assets 2014: $17,037,3852014Assets 2015: $17,408,117Liabilities 2015: $272,621Net Assets 2015: $17,135,4962015Assets 2016: $17,071,498Liabilities 2016: $83,855Net Assets 2016: $16,987,6432016Assets 2017: $17,987,404Liabilities 2017: $540Net Assets 2017: $17,986,8642017Assets 2018: $19,175,332Liabilities 2018: $540Net Assets 2018: $19,174,7922018Assets 2019: $19,062,373Liabilities 2019: $540Net Assets 2019: $19,061,8332019Assets 2020: $17,785,302Liabilities 2020: $539Net Assets 2020: $17,784,7632020Assets 2025: $5,022,470Liabilities 2025: $0Net Assets 2025: $5,022,4702025

Highlighted filing

2016

Assets$17,071,498
Liabilities$83,855
Net Assets$16,987,643

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2012: $234,9592012Expenses 2013: $305,3792013Revenue 2014: $14,896,704Expenses 2014: $283,285Net Income 2014: $14,613,4192014Revenue 2015: $374,819Expenses 2015: $283,775Net Income 2015: $91,0442015Revenue 2016: $339,193Expenses 2016: $403,144Net Income 2016: -$63,9512016Revenue 2017: $575,930Expenses 2017: $273,123Net Income 2017: $302,8072017Revenue 2018: $1,126,072Expenses 2018: $288,513Net Income 2018: $837,5592018Revenue 2019: $2,466,046Expenses 2019: $2,287,305Net Income 2019: $178,7412019Revenue 2020: $743,678Expenses 2020: $2,014,459Net Income 2020: -$1,270,7812020Revenue 2025: $91,149Expenses 2025: $388,276Net Income 2025: -$297,1272025

Highlighted filing

2016

Revenue$339,193
Expenses$403,144
Net Income-$63,951
Jump To
Filing Snapshot
Filing Period
Jun 1, 2015 to May 31, 2016
Signed
Apr 18, 2017
Return Version
2015v3.0
Gross Receipts
$4,941,166
Mission and Program Overview

Mission

The Fdn is organized exclusively for religious and charitable educational purposes, specifically to support the work and missions of the First Baptist Church of Charleston by providing administrative, business, economic support to the Church, its programs and operations.

To support the work and missions of the First Baptist Church of Charleston.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,093,059$10,916,134▼ $176,925
Investments in Publicly Traded Securities$6,234,763$6,148,835▼ $85,928
Cash and Non-Interest-Bearing Accounts$79,648$6,529▼ $73,119
Savings and Temporary Cash Investments$647--
Total Assets$17,408,117$17,071,498▼ $336,619
Liabilities
Accounts Payable and Accrued Expenses$272,621$83,855▼ $188,766
Total Liabilities$272,621$83,855▼ $188,766
Net Assets / Fund Balance
Unrestricted Net Assets$17,118,862$16,672,210▼ $446,652
Temporarily Rstr Net Assets$16,634$315,433▲ $298,799
Total Net Assets Fund Balance$17,135,496$16,987,643▼ $147,853
Total Liabilities and Net Assets / Fund Balance$17,408,117$17,071,498▼ $336,619

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,572,995$327,082$6,900,077
Land$4,343,139-$4,343,139

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$16,634--$16,634-
2014$16,634---$16,634
2013$57,104-▼ $270-$16,634
2012$48,085-▲ $9,019-$57,104
2011$50,607-▼ $2,522-$48,085
Compensation and Service Providers

Board Members and Trustees

NameTitle
Shawn WillisPresident
Jerry YoungDirector
Michael RogersDirector
Tom GillDirector
Mervyn GibsonSecretary
Mike RobertsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$315,433
Program Service Revenue
$0
Investment Income
$23,760
Other Revenue
$0
Change in Net Assets
$-63,951

Audited Revenue Reconciliation

Revenue per Audited Statements
$331,741
Revenue Not Reported on Financial Statements
$7,452
Revenue Not Reported on Form 990
$-83,902
Total Revenue per Audited Statements
$247,839
Total Revenue per Form 990
$339,193
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$343,144
Grants and Similar Amounts Paid$60,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion-$176,925-$176,925
Grants to Domestic Orgs$60,000--$60,000
Fees for Services Other-$41,844-$41,844
Other Expenses-$12,721-$12,721
Fees for Services Legal-$12,701-$12,701
Fees for Services Accounting-$7,646-$7,646
Fees for Service Investment Mgmnt Fees-$7,452-$7,452
Total Functional Expenses$60,000$343,144$0$403,144

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$403,144
Expenses per Audited Statements$395,692
Total Expenses per Audited Statements$395,692
Expenses Not Reported on Financial Statements$7,452
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
First Baptist Church of Charleston South CarolinaCharleston, SC501(c)(3)Mission trips & general operations$60,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 4

The bylaws were amended to allow for board voting by email for perfunctory matters that have already been discussed. If it is any topic that requires discussion, the decision is made in a meeting.

Form 990, Part VI, Section A, line 7A

The Directors shall consist of those Directors elected by the members of First Baptist Church of Charleston, South Carolina, a supported organization.

Form 990, Part VI, Section A, line 7B

Any amendment, revision, change, or repeal of Articles II, III, IX, and X, or Appendix A of the Foundation's bylaws may only be approved and adopted with the consent of the attending and eligible individuals attending First Baptist Church of Charleston, South Carolina on the Sunday of the vote.

Form 990, Part VI, Section A, line 8B

The Foundation does not have committees with the authority to act on behalf of the governing body. Therefore, Line 8b was answered "no" in accordance with the instructions.

Form 990, Part VI, Section B, line 11

Form 990 was prepared by an independent CPA firm and reviewed in detail by the Treasurer of the Board. The reviewed return was provided to the Board of Directors prior to being filed with the IRS.

Form 990, Part VI, Section B, line 12C

The Foundation requires all board members to annually complete and sign a conflict of interest questionnaire. The President is responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.

Form 990, Part VI, Section B, line 15

The Foundation does not compensate any officers or key employees. Therefore, these lines were answered "no" in accordance with the instructions.

Form 990, Part VI, Section C, line 19

The Foundation's governing documents, conflict of interest policy and financial statements are not made available to the public.

Form 990, Part VI, Section B, Line 14:

The Foundation follows First Baptist Church of Charleston, South Carolina's written document retention and destruction policy.

Filing and Contact Details

Filer

Filer Name
First Baptist Church Foundation
EIN
26-4092317
Phone
8437223896
Address
48 Meeting Street, Charleston, SC 29401-2535

Signing Officer

Name
Mike Roberts
Title
Treasurer
Phone
8437223896
Signed
2017-04-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Gill
Formed
2009
Legal Domicile
Sc
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Capin Crouse LLP
Address
1255 Lakes Parkway Ste 130, Lawrenceville, GA 30043
Preparer
Daren Daiga
Phone
6785185301
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Consulting: Program service expenses 0. Management and general expenses 41,844. Fundraising expenses 0. Total expenses 41,844.

Form 990, Part XII, Line 2C:

The Foundation's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.

Financial Statement Notes

Part V, Line 4:

The Foundation's endowment was established for the ongoing maintenance of the building at 53 Church Street, Charleston, South Carolina. The endowment's donor has authorized the Foundation to release the remaining earnings.

Part X, Line 2:

The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of May 31, 2016 and 2015, the Foundation had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. The Foundation files information tax returns in the U.S. and South Carolina. The Foundation is generally no longer subject to U.S. Federal and State income tax examinations by tax authorities for years before 2013.

Raw XML AppendixShowing 400 of 478 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0272621
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt083855
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To support the work and missions of the First Baptist Church of Charleston.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Irene Weeks
IRS990/BooksInCareOfDetail/PhoneNum08437223896
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt048 Meeting Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Charleston
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0294012535
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt079648
IRS990/CashNonInterestBearingGrp/EOYAmt06529
IRS990/ChangeToOrgDocumentsInd01
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0315433
IRS990/CYGrantsAndSimilarPaidAmt060000
IRS990/CYInvestmentIncomeAmt023760
IRS990/CYOtherExpensesAmt0343144
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-63951
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0403144
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0339193
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0176925
IRS990/DepreciationDepletionGrp/TotalAmt0176925
IRS990/Desc0Support the operations of First Baptist Church of Charleston, South Carolina and its programs and operations.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt060000
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07646
IRS990/FeesForServicesAccountingGrp/TotalAmt07646
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt012701
IRS990/FeesForServicesLegalGrp/TotalAmt012701
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt041844
IRS990/FeesForServicesOtherGrp/TotalAmt041844
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt07452
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt07452
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Shawn Willis
IRS990/Form990PartVIISectionAGrp/PersonNm1Mike Roberts
IRS990/Form990PartVIISectionAGrp/PersonNm2Mervyn Gibson
IRS990/Form990PartVIISectionAGrp/PersonNm3Tom Gill
IRS990/Form990PartVIISectionAGrp/PersonNm4Jerry Young
IRS990/Form990PartVIISectionAGrp/PersonNm5Michael Rogers
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-89179
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt060000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt060000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt060000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04512794
IRS990/GrossReceiptsAmt04941166
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0112939
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0112939
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06234763
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06148835
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0327082
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011093059
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010916134
IRS990/LandBldgEquipCostOrOtherBssAmt011243216
IRS990/LegalDomicileStateCd0SC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04601973
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Organized exclusively for religious and charitable educational purposes, specifically to support the work and missions of the First Baptist Church of Charleston, South Carolina by providing administrative, business, economic support to the Church, its programs and operations.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt017135496
IRS990/NetAssetsOrFundBalancesEOYAmt016987643
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-89179
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-89179
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-83902
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Settlements contingency
IRS990/OtherExpensesGrp/Desc1Repair expense
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt083855
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112721
IRS990/OtherExpensesGrp/TotalAmt083855
IRS990/OtherExpensesGrp/TotalAmt112721
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Tom Gill
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0101035
IRS990/PYInvestmentIncomeAmt0364955
IRS990/PYOtherExpensesAmt0182740
IRS990/PYOtherRevenueAmt09864
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt091044
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0283775
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0374819
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-63951
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0315433
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0647
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0570355571
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd01
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt060000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0First Baptist Church of Charleston South Carolina
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt060000
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt06572995
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0327082
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06900077
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt016634
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt016634
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt016634
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt016634
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt057104
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt016634
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt040200
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-270
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt048085
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt057104
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt09019
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt050607
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt048085
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2522
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt07452
IRS990ScheduleD/ExpensesSubtotalAmt0395692
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt07452
IRS990ScheduleD/InvestmentExpensesNotIncldAmt07452
IRS990ScheduleD/LandGrp/BookValueAmt04343139
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04343139
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-83902
IRS990ScheduleD/RevenueNotReportedAmt0-83902
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt07452
IRS990ScheduleD/RevenueSubtotalAmt0331741
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation's endowment was established for the ongoing maintenance of the building at 53 Church Street, Charleston, South Carolina. The endowment's donor has authorized the Foundation to release the remaining earnings.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of May 31, 2016 and 2015, the Foundation had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. The Foundation files information tax returns in the U.S. and South Carolina. The Foundation is generally no longer subject to U.S. Federal and State income tax examinations by tax authorities for years before 2013.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010916134
IRS990ScheduleD/TotalExpensesPerForm990Amt0403144
IRS990ScheduleD/TotalRevenuePerForm990Amt0339193
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0247839
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0395692
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt060000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Mission trips & general operations
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0First Baptist Church of Charleston South Carolina
IRS990ScheduleI/RecipientTable/RecipientEIN0570355571
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt048 Meeting St
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Charleston
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd029401
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grant awards to First Baptist Church of Charleston, South Carolina are monitored by common staff between the Foundation and Church.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The bylaws were amended to allow for board voting by email for perfunctory matters that have already been discussed. If it is any topic that requires discussion, the decision is made in a meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Directors shall consist of those Directors elected by the members of First Baptist Church of Charleston, South Carolina, a supported organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Any amendment, revision, change, or repeal of Articles II, III, IX, and X, or Appendix A of the Foundation's bylaws may only be approved and adopted with the consent of the attending and eligible individuals attending First Baptist Church of Charleston, South Carolina on the Sunday of the vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Foundation does not have committees with the authority to act on behalf of the governing body. Therefore, Line 8b was answered "no" in accordance with the instructions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Form 990 was prepared by an independent CPA firm and reviewed in detail by the Treasurer of the Board. The reviewed return was provided to the Board of Directors prior to being filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Foundation requires all board members to annually complete and sign a conflict of interest questionnaire. The President is responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Foundation does not compensate any officers or key employees. Therefore, these lines were answered "no" in accordance with the instructions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The Foundation's governing documents, conflict of interest policy and financial statements are not made available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The Foundation follows First Baptist Church of Charleston, South Carolina's written document retention and destruction policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Consulting: Program service expenses 0. Management and general expenses 41,844. Fundraising expenses 0. Total expenses 41,844.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10The Foundation's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part VI, Section B, Line 14:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt053 Church LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0371615934
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0Rental/Parsonage
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt048 Meeting St
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0Charleston
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0SC
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd029401
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0First Baptist Church of Charleston South Carolina
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0First Baptist Church of Charleston South Carolina
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1First Baptist School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0570355571
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1264091898
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Church
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1Line 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt048 Meeting St
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt148 Meeting St
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Charleston
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Charleston
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd029401
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd129401
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0First Baptist Church of Charleston South Carolina
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1First Baptist Church of Charleston South Carolina
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2First Baptist Church of Charleston South Carolina
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3First Baptist Church of Charleston South Carolina
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $10M-$25M nonprofits