Ledyard Ecclesiastical Society EIN 06-6041057

Ledyard Ecclesiastical Society

EIN  06-6041057 Supporting organization Ledyard, CT
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Manages funds and property for a historic church and its minister, maintaining and improving buildings.
Leadership
James Ball - President · 674 Shewville Road, Ledyard, Ct 06339
Money in and out
$33K revenue, $17K expenses
Bottom line
+48% net inflow

Manages funds and property for a historic church and its minister, maintaining and improving buildings. For fiscal year 2024 it reported $33K in revenue, $17K in expenses, and $2.7M in net assets.Pt I

Money in and out · FY2024
Total revenue
$33K
Pt VIII · Ln 12
Total expenses
$17K
Pt IX · Ln 25
Net assets
$2.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $16K
Where spending went · Part IX cols B–D
Program services $1.00
Net inflow
+48%
revenue over expenses, this year▼ -41% vs prior filing year
Pass-through gifts
0%
of revenue from contributions▼ -99% vs prior filing year
Program spending
100%
of expenses reach stated programs0% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$33K
FY2024▼ -23%
Expenses
$17K
FY2024▲ +108%
Total assets
$2.7M
FY2024▲ +3%
Total liabilities
$0
FY2024
Total revenue
$33K
Pt VIII · Ln 12
Total expenses
$17K
Pt IX · Ln 25
Net assets
$2.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$16K
Total assetsPt X · Ln 16$2.7M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420
Mission & Programs · Part III

Where the work happens

1 program service account for $17K of program spending, described in the organization's own filed words · FY2024.
01

The Ledyard Ecclesiastical Society manages the funds and property endowed to the Society in support of the First Congregational Church of Ledyard and its minister. Operating expenses including endowment payment

$17Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLedyard Ecclesiastical Society
EINHdr · item D06-6041057
Principal addressHdr · item CLedyard, CT
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X21)
Ruling yearIRS BMFMay 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b20
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
674 Shewville Road, Ledyard, Ct 06339
$0Pt VII · Sec A
26 Osprey Drive, Gales Ferry, Ct 06335
$0Pt VII · Sec A
8 Darrows Ridge, East Lyme, Ct 06333
$0Pt VII · Sec A
30 Church Hill Road, Ledyard, Ct 06339
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$28K · 85%
Other revenue$5K · 14%
Investment income85%$28K
Other revenue14%$5K
Contributions & grants$117
Total revenueLn 12$33K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$17K
Total functional expensesLn 25$17K

Balance Sheet

Part X · end of year
CashLn 1$15K
Total assetsLn 16$2.7M
Total liabilitiesLn 26$0
Total net assetsLn 32$2.7M
Months of cash on handcomputed10.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $744K · Operating expenses/yr $17K
521.2 months
Where the money goes
Program services
Program services $17K · Total expenses $17K
100%
Management & General
Management & general $0 · Total expenses $17K
0%
Fundraising
Fundraising $0 · Total expenses $17K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $282
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $117 · Total revenue $33K
0%
Government reliance
Government grants — · Total revenue $33K
Earned-income share
Program service revenue $0 · Total revenue $33K
0%
Investment reliance
Investment income $28K · Total revenue $33K
+85%
Program self-sufficiency
Program service revenue $0 · Total expenses $17K
0%
Growth & trend
Revenue growth (YoY)
This year $33K · Prior year $43K
-23%
Revenue CAGR
FY2020 $137K · FY2024 $33K
-30%
Net-asset trend (YoY)
End of year $2.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $33K · Expenses $17K
+48%
Liabilities-to-Assets
Total liabilities — · Total assets $2.7M
Net-asset ratio
Net assets $2.7M · Total assets $2.7M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $729K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.7M
27%
People & payroll
Highest Reported Total Compensation
Individual James Ball - President · Reported title 674 Shewville Road, Ledyard, CT 06339 · Highest reported compensation $0 · Total expenses $17K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $17K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth -23%
Accounting fee ratio 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$33K revenue · viewing · ⤓ 990 PDF
FY2023$43K revenue · ⤓ 990 PDF
FY2022$25K revenue · ⤓ 990 PDF
FY2021$25K revenue · ⤓ 990 PDF
FY2020$137K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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