ELIZABETH L BATTLE TRUST FOR ST PHILIPS CHURCH

EIN: 883236615 501(c)(3) Religion

CHARLESTON, SC

Total Revenue
$173,189
Total Expenses
$286,630
Total Assets
$6,682,370
Net Assets
$6,682,370
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
SC
Principal Officer
ROBERT M KUNES
Phone
8432245678
Tax Period
2024-01-01 to 2024-12-31

ELIZABETH L BATTLE TRUST FOR ST PHILIPS CHURCH, founded in 2022, is a small nonprofit in the Religion sector that reported $173K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $287K exceeded revenue, resulting in a 66% operating deficit.

Mission

THE ELIZABETH L. BATTLE TRUST FOR ST. PHILIP'S CHURCH WILL PROVIDE AN ENDOWED FUND FOR THE SOLE USE AND BENEFIT OF THE PROTESTANT EPISCOPAL CHURCH OF THE PARISH OF SAINT PHILIP (HEREINAFTER ST. PHILIP'S CHURCH) (EIN 57-032-7892).ST. PHILIP'S CHURCH MAY WITHDRAW, ANNUALLY, AN AMOUNT FOR THE CHURCH'S USE IN ITS RELIGIOUS AND CHARITABLE PURPOSES WHICH DOES NOT EXCEED FOUR PERCENT OF THE AVERAGE FAIR MARKET VALUE OF THE TRUST. SETTLOR DIRECTS THAT UP TO TWENTY-FIVE PERCENT OF THE ANNUAL WITHDRAWALS MAY BE USED IN THE MAINTENANCE AND UPKEEP OF CHURCH PROPERTIES, AND THE BALANCE OF THE ANNUAL WITHDRAWALS MAY BE USED AS THE VESTRY OF THE CHURCH DETERMINES ARE AREAS OF THE CHURCH'S GREATEST NEED. THE SETTLOR REQUESTS THE VESTRY CONSIDER SUPPORTING THE CHURCH'S MINISTRY, INCLUDING THE CHURCH'S MUSIC PROGRAM, CONTINUED EDUCATIONAL EXPERIENCES FOR THE CLERGY, AND ADULT EDUCATIONAL PROGRAMS.

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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 $0
Program Service Revenue $0
Investment Income $173,189
Other Revenue $0
TOTAL REVENUE $173,189

Expense Breakdown

Grants Paid $284,980
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $286,630
Other Expenses $1,650
TOTAL EXPENSES $286,630

Year-over-Year Comparison

2024 2023 Change
Revenue $173,189 $204,661 -0.2%
Expenses $286,630 $205,895 +0.4%
Net Income $-113,441 $-1,234 +90.9%
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
2
Independent Members
2
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
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TODD C BROWN TRUSTEE N/A
Director
$0 $0 $0
ROBERT M KUNES TRUSTEE N/A
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
2025 No data No data No data No data
2024 $173,189 $286,630 $6,682,370 $-113,441
2023 $204,661 $205,895 $6,795,811 $-1,234
2022 $6,797,045 No data $6,797,045 No data
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