Civic Intelligence

Third Presbyterian Church Endowment Corporation

990 • Fiscal year 2024 • EIN 54-6054857

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 20, 2025

1604 Swansbury DriveHenrico, VA 23238

(804) 740-1347

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

82nd percentile

33%

Higher net margin than 82% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

48th percentile

3.3%

Faster asset growth than 48% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

87th percentile

71%

Faster revenue growth than 87% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,000,005

Up $32,152 (+3.3%) from 2023

Net Assets

Up

$1,000,005

Up $32,152 (+3.3%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Up

$96,234

Up $40,064 (+71%) from 2023

Expenses

Up

$64,082

Up $4,870 (+8.2%) from 2023

Net Income

Up

$32,152

Up $35,194 (+1157%) from 2023

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $839,275Liabilities 2010: $0Net Assets 2010: $839,2752010Assets 2011: $864,361Liabilities 2011: $0Net Assets 2011: $864,3612011Assets 2012: $846,822Liabilities 2012: $0Net Assets 2012: $846,8222012Assets 2013: $888,781Liabilities 2013: $45,797Net Assets 2013: $842,9842013Assets 2014: $831,413Liabilities 2014: $0Net Assets 2014: $831,4132014Assets 2015: $848,260Liabilities 2015: $0Net Assets 2015: $848,2602015Assets 2016: $892,032Liabilities 2016: $0Net Assets 2016: $892,0322016Assets 2017: $887,944Liabilities 2017: $0Net Assets 2017: $887,9442017Assets 2018: $951,931Liabilities 2018: $0Net Assets 2018: $951,9312018Assets 2019: $935,859Liabilities 2019: $0Net Assets 2019: $935,8592019Assets 2020: $891,546Liabilities 2020: $0Net Assets 2020: $891,5462020Assets 2021: $955,438Liabilities 2021: $0Net Assets 2021: $955,4382021Assets 2022: $970,895Liabilities 2022: $0Net Assets 2022: $970,8952022Assets 2023: $967,853Liabilities 2023: $0Net Assets 2023: $967,8532023Assets 2024: $1,000,005Liabilities 2024: $0Net Assets 2024: $1,000,0052024

Highlighted filing

2024

Assets$1,000,005
Liabilities$0
Net Assets$1,000,005

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $19,057Expenses 2010: $45,642Net Income 2010: -$26,5852010Revenue 2011: $71,992Expenses 2011: $46,906Net Income 2011: $25,0862011Revenue 2012: $44,172Expenses 2012: $61,711Net Income 2012: -$17,5392012Revenue 2013: $100,254Expenses 2013: $104,092Net Income 2013: -$3,8382013Revenue 2014: $99,109Expenses 2014: $110,680Net Income 2014: -$11,5712014Revenue 2015: $70,840Expenses 2015: $53,993Net Income 2015: $16,8472015Revenue 2016: $96,426Expenses 2016: $52,654Net Income 2016: $43,7722016Revenue 2017: $48,771Expenses 2017: $52,859Net Income 2017: -$4,0882017Revenue 2018: $117,507Expenses 2018: $53,520Net Income 2018: $63,9872018Revenue 2019: $37,003Expenses 2019: $53,075Net Income 2019: -$16,0722019Revenue 2020: $8,160Expenses 2020: $52,473Net Income 2020: -$44,3132020Revenue 2021: $120,243Expenses 2021: $56,351Net Income 2021: $63,8922021Revenue 2022: $74,685Expenses 2022: $59,228Net Income 2022: $15,4572022Revenue 2023: $56,170Expenses 2023: $59,212Net Income 2023: -$3,0422023Revenue 2024: $96,234Expenses 2024: $64,082Net Income 2024: $32,1522024

Highlighted filing

2024

Revenue$96,234
Expenses$64,082
Net Income$32,152
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 20, 2025
Return Version
2024v5.0
Gross Receipts
$433,896
Mission and Program Overview

Mission

The mission of the third presbyterian church endowment corporation is to support the missions and programs of third church inc.

Our mission is to support the missions and programs of third church inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities-$539,010-
Investments in Publicly Traded Securities$965,886$375,437▼ $590,449
Savings and Temporary Cash Investments$1,967$85,558▲ $83,591
Total Assets$967,853$1,000,005▲ $32,152
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$967,853$1,000,005▲ $32,152
Total Net Assets Fund Balance$967,853$1,000,005▲ $32,152
Total Liabilities and Net Assets / Fund Balance$967,853$1,000,005▲ $32,152

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$65,399--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$967,853$12,310▲ $83,924$8,082$1,000,005
2023$970,895$11,965▲ $44,205$7,212$967,853
2022$955,438$4,916▲ $69,769$7,228$970,895
2021$891,546-▲ $120,243$5,351$955,438
2020$935,859$1,810▲ $6,350$4,473$891,546
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$12,310
Program Service Revenue
$0
Investment Income
$83,924
Other Revenue
$0
All Other Contributions
$12,310
Change in Net Assets
$32,152
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$56,000
Other Expenses$8,082
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$56,000--$56,000
Fees for Service Investment Mgmnt Fees-$6,903-$6,903
Insurance-$828-$828
Conferences and Meetings-$208-$208
Fees for Services Other-$99-$99
Office Expenses-$44-$44
Total Functional Expenses$56,000$8,082$0$64,082
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Third Church IncRichmond, VA501 (c) 3Support Third Church$56,000
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
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted. A copy of the return will be provided to the president of the organization. Copies will be available to the trustees upon request.

Form 990, Part VI, Section C, Line 19

No documents are available to the public

Filing and Contact Details

Filer

Filer Name
Third Presbyterian Church Endowment
EIN
54-6054857
Phone
8047401347
Address
1604 SWANSBURY DRIVE, HENRICO, VA 23238

Signing Officer

Name
Allene D Brown
Title
Treasurer
Phone
8047401347
Signed
2025-03-20

Organization Details

Principal Officer
Bruce a Kay
Formed
1930
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
0
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The intended use of the organization's endowment funds is the same as the organization's primary exempt purpose: to support the missions and programs of third church inc.

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IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE THIRD PRESBYTERIAN CHURCH ENDOWMENT CORPORATION IS CONTROLLED BY A BOARD OF TRUSTEES. MORE THAN 50% OF THIS BOARD OF TRUSTEES MUST ALSO BE MEMBERS OF THIRD CHURCH INC. THE CHURCH IS GOVERNED BY A SESSION/BOARD OF ELDERS. SOME OF THE TRUSTEES OF THE ENDOWMENT CORPORATION MAY ALSO BE ELDERS OF THE CHURCH.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION C, LINE 1 - HOW MANAGEMENT WAS VESTED
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0464434869
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd01
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt056000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THIRD CHURCH INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt056000
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/CYEndwmtFundGrp/BeginningYearBalanceAmt0967853
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt012310
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01000005
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt056000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt083924
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt08082
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0970895
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt011965
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0967853
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt052000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt044205
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt07212
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0955438
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt04916
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0970895
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt052000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt069769
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt07228
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0891546
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0955438
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt051000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0120243
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt05351
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0935859
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01810
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0891546
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt048000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06350
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt04473
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt097106
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1200503
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2121525
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt354477
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt465399
IRS990ScheduleD/OtherSecuritiesGrp/Desc010,717.041 SHARES MERCER CORE FIXED INCOME
IRS990ScheduleD/OtherSecuritiesGrp/Desc119,801.319 SHARES TSW CORE BOND FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc26,556.343 SHARES TRANSAMERICA INTERNATION AL EQUITY I
IRS990ScheduleD/OtherSecuritiesGrp/Desc34,408.348 SHARES TRANSAMERICA INTERNATION AL SM CP VAL I
IRS990ScheduleD/OtherSecuritiesGrp/Desc46,340.56 SHARES TRANSAMERICA MID CAP VALUE OPPS I
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS THE SAME AS THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE: TO SUPPORT THE MISSIONS AND PROGRAMS OF THIRD CHURCH INC.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0539010
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt056000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (C) 3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT THIRD CHURCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THIRD CHURCH INC
IRS990ScheduleI/RecipientTable/RecipientEIN0464434869
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0600 FOREST AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0RICHMOND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd023229
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED. A COPY OF THE RETURN WILL BE PROVIDED TO THE PRESIDENT OF THE ORGANIZATION. COPIES WILL BE AVAILABLE TO THE TRUSTEES UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0967853
IRS990/TotalAssetsEOYAmt01000005
IRS990/TotalAssetsGrp/BOYAmt0967853
IRS990/TotalAssetsGrp/EOYAmt01000005
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt012310
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08082
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt056000
IRS990/TotalFunctionalExpensesGrp/TotalAmt064082
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0967853
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01000005
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt056000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.10$0.06$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.00$0.97$0.06$0.06$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.00$0.97$0.07$0.06$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.00$0.96$0.12$0.06$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.00$0.89$0.01$0.05$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.00$0.94$0.04$0.05$0.02
2018Summary only. Only limited summary data is available for this year.$0.95$0.00$0.95$0.12$0.05$0.06
2017Summary only. Only limited summary data is available for this year.$0.89$0.00$0.89$0.05$0.05$0.00
2016Summary only. Only limited summary data is available for this year.$0.89$0.00$0.89$0.10$0.05$0.04
2015Summary only. Only limited summary data is available for this year.$0.85$0.00$0.85$0.07$0.05$0.02
2014Summary only. Only limited summary data is available for this year.$0.83$0.00$0.83$0.10$0.11$0.01
2013Summary only. Only limited summary data is available for this year.$0.89$0.05$0.84$0.10$0.10$0.00
2012Summary only. Only limited summary data is available for this year.$0.85$0.00$0.85$0.04$0.06$0.02
2011Summary only. Only limited summary data is available for this year.$0.86$0.00$0.86$0.07$0.05$0.03
2010Summary only. Only limited summary data is available for this year.$0.84$0.00$0.84$0.02$0.05$0.03