GOVERNMENT STREET PRESBYTERIAN CHURCH ENDOWMENT TRUST #1255000553

EIN: 636193056 501(c)(3) Philanthropy & Grantmaking

MOBILE, AL

Total Revenue
$1,234,549
Total Expenses
$129,242
Total Assets
$4,224,349
Net Assets
$4,224,349
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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
AL
Principal Officer
ROGER COLE
Phone
2514318309
Tax Period
2024-01-01 to 2024-12-31

GOVERNMENT STREET PRESBYTERIAN CHURCH ENDOWMENT TRUST #1255000553, founded in 1995, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $178K in total revenue in fiscal year 2018. Revenue fell 49% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $31K, a strong 18% operating margin.

Mission

TO PROVIDE PERPETUAL ECONOMIC SUPPORT FOR CAPITAL IMPROVEMENTS, EQUIPMENT, REPAIRS AND MAINTENANCE OF THE CHURCH OR ITS PROPERTIES, OR OTHER SPECIFIC RELIGIOUS OR CHARITABLE PURPOSES AS DESIGNATED BY THE SESSION OF GOVERNMENT STREET PRESBYTERIAN CHURCH.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,000,000
Program Service Revenue $0
Investment Income $234,549
Other Revenue $0
TOTAL REVENUE $1,234,549

Expense Breakdown

Grants Paid $108,218
Salaries & Benefits $15,855
Fundraising Expenses $0
Program Expenses $108,218
Other Expenses $5,169
TOTAL EXPENSES $129,242

Year-over-Year Comparison

2024 2023 Change
Revenue $1,234,549 $238,104 +4.2%
Expenses $129,242 $285,537 -0.5%
Net Income $1,105,307 $-47,433 -24.3%
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
18
Independent Members
18
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
0
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN BROWNING MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
JOY GARDNER MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
DOROTHY MORRISON MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
GEORGE SHORTER MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
SCOTT WELDON MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
MARCIA WYATT MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
SUSAN ASHBEE MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
CASI CALLAWAY MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
LISA DESHAZO MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
JOHN MOSES MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
HENRY MORRISSETTE MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
BO PERRY MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
BOBBY HEADRICK MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
CHARLES JONES MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
MARY HERNDON NORDMANN MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
KATHERINE OGBURN MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
DICK OTTS MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
BETH ROUSE MEMBER OF GOVERNING SESSIO 0.10
Director
$0 $0 $0
N/A TRUSTEE 1.00
$15,855 $0 $15,855
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
2025 No data No data No data No data
2024 $1,234,549 $129,242 $4,224,349 $1,105,307
2023 $238,104 $285,537 $3,120,304 $-47,433
2022 $120,817 $119,964 $3,167,585 $853
2021 $398,642 $145,097 $3,169,553 $253,545
2020 $158,238 $38,226 $2,926,745 $120,012
2019 $118,968 $92,876 $2,807,077 $26,092
2018 $177,521 $146,097 $2,781,516 $31,424
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