St Matthews Episcopal Church Endowment Fund Inc

EIN: 541541712 501(c)(3)

Henrico, VA

Total Revenue
$63,226
Total Expenses
$57,427
Total Assets
$1,104,195
Net Assets
$1,104,195
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
VA
Phone
8042881911
Tax Period
2024-01-01 to 2024-12-31

St Matthews Episcopal Church Endowment Fund Inc, founded in 1991, is a micro nonprofit that reported $63K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $57K left a modest 9% surplus.

Mission

To enhance the ministry of St. Matthew's Episcopal Church and to meet emergency or unusual needs within the parish. The fund invests gifts and uses the income for religious needs. Approximately 50% of grants are for needs inside the Church, and 50% for needs outside the Church.

Program Service Accomplishments

Program 1
Expenses: $28,000

ISSUED GRANTS TO EIGHT RELIGIOUS/FAITH-BASED ORGANIZATIONS OUTSIDE OF ST MATTHEW'S EPISCOPAL CHURCH IN SUPPORT OF THEIR PROGRAMS AND MISSIONS. THESE ORGANIZATIONS INCLUDE-$ 1,500- Solar Light for...

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ISSUED GRANTS TO EIGHT RELIGIOUS/FAITH-BASED ORGANIZATIONS OUTSIDE OF ST MATTHEW'S EPISCOPAL CHURCH IN SUPPORT OF THEIR PROGRAMS AND MISSIONS. THESE ORGANIZATIONS INCLUDE-$ 1,500- Solar Light for Africa- for programs support$ 2,500- The Shepherds Center- for programs support$ 5,000- Anglican Frontier Missions-for programs support$ 1,000- Boys to Men VA- for programs support$ 5,000- Reformed University Fellowship-for programs support$ 4,000- Needles Eye-for programs support$ 5,000- Emmaus Encounter,Inc.- for programs support$ 4,000- New Hope Children's Home- for programs support

Program 2
Expenses: $14,000

Issued Grants to St. Matthew's Episcopal Church for the Following Purposes- $ 2,000 Mobile Street Ministry, $ 500 Shrinemont Youth Scholarship, $ 2,000 Digital Archiving, $ 2,000 Upgrade Parish Hall...

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Issued Grants to St. Matthew's Episcopal Church for the Following Purposes- $ 2,000 Mobile Street Ministry, $ 500 Shrinemont Youth Scholarship, $ 2,000 Digital Archiving, $ 2,000 Upgrade Parish Hall Sound System, $ 5,000 Parish Hall HVAC, $ 2,500 Peru Mission trip- Church Member

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,916
Program Service Revenue $0
Investment Income $48,310
Other Revenue $0
TOTAL REVENUE $63,226

Expense Breakdown

Grants Paid $42,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $42,000
Other Expenses $15,427
TOTAL EXPENSES $57,427

Year-over-Year Comparison

2024 2023 Change
Revenue $63,226 $74,618 -0.2%
Expenses $57,427 $54,996 +0.0%
Net Income $5,799 $19,622 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Meade Lee Director 1.00
Director
$0 $0 $0
Easton Rhodd Director 1.00
Director
$0 $0 $0
Paula Butz Secretary 4.00
Officer Director
$0 $0 $0
Douglas Rucker Treasurer 2.00
Officer Director
$0 $0 $0
William Seldon President 5.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $63,226 $57,427 $1,104,195 $5,799
2023 $74,618 $54,996 $1,013,947 $19,622
2022 $40,595 $55,203 $947,863 $-14,608
2021 $64,128 $51,824 $1,143,774 $12,304
2020 $29,924 $46,963 $1,059,122 $-17,039
2019 $141,649 $50,160 $956,271 $91,489
2018 $169,908 $44,614 $777,499 $125,294
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