HISTORIC TABERNACLE BAPTIST CHURCH- SELMA AL LEGACY FOUNDATION

EIN: 825492969 501(c)(3) Arts, Culture & Humanities

SELMA, AL

Total Revenue
$476,168
Total Expenses
$331,539
Total Assets
$261,362
Net Assets
$261,362
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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
AL
Principal Officer
VERDELL LETT DAWSON
Phone
3346522067
Tax Period
2024-01-01 to 2024-12-31

HISTORIC TABERNACLE BAPTIST CHURCH- SELMA AL LEGACY FOUNDATION, founded in 2018, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $75K in total revenue in fiscal year 2020. The organization ran a surplus of $12K, a strong 15% operating margin.

Mission

A. To create and maintain charitable, scientific and especially educational resources, adequate to ensure the well-being and efficacy of the Organization in compliance with Section 501 (C) 3 of The Internal Revenue Code of 1986, and B. To preserve, promote, communicate, sustain and extend historic legacy of Historic Tabernacle Baptist Church-Selma, AL through research, education and informational activities that increase public awareness of Church's contribution to world progress through the National Baptist Convention, USA,INC. (1864-2013) and the National Voting Rights Movement (1963-1968); and C. To preserve and prevent deterioration of the historic Classical Revival Architecture of the Tabernacle Baptist Church Edifice Bulding,1431 Broad ST-Selma, AL; D. To preserve, promote, Communicate, sustain and extend historic legacy of Historic Tabernacle Baptist Church through research, education and informational activites that increase public awareness of Church's contribution to African-

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $460,107
Program Service Revenue $0
Investment Income $940
Other Revenue $15,121
TOTAL REVENUE $476,168

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $331,539
TOTAL EXPENSES $331,539

Year-over-Year Comparison

2024 2023 Change
Revenue $476,168 $256,430 +0.9%
Expenses $331,539 $150,202 +1.2%
Net Income $144,629 $106,228 +0.4%
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
9
Independent Members
N/A
Employees
N/A
Volunteers
15

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
9
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN CREAR DIRECTOR 3.00
Officer Director
$0 $0 $0
DR VERDELL LETT DAWSON CHAIRMAN 35.00
Officer Director
$0 $0 $0
KIRK CARRINGTON VICE-CHAIRMAN 10
Officer Director
$0 $0 $0
ROOSEVELT GOLDSBY TREASURER 20
Officer Director
$0 $0 $0
MARLA MOORE DIRECTOR 3
Officer Director
$0 $0 $0
RICKY AUSTIN SR FINANCIAL SECRETARY 3
Officer Director
$0 $0 $0
BRITTANT SOLOMON SECRETARY 3
Officer Director
$0 $0 $0
SARAH AGHEDO DIRECTOR 3
Officer Director
$0 $0 $0
AARON ROPER DIRECTOR 3
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 $476,168 $331,539 $261,362 $144,629
2023 $256,430 $150,202 $124,853 $106,228
2022 $117,457 $34,677 $72,086 $82,780
2021 $37,239 $26,800 $29,232 $10,439
2020 $74,945 $63,445 $25,425 $11,500
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