Baptist Town Community Development EIN 45-2651327 Form 990 (PDF) Claim this org

Baptist Town Community Development FY2020 filing

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Revitalizes the historic Baptist Town community in Mississippi. For fiscal year 2020 it reported $31K in revenue, $9K in expenses, and $111K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Greenwood, MS
Filings
4 on file (2020–2020)
Revenue
$31KFY2020
Expenses
$9K
Net assets
$111K
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  45-2651327 Public charity (501(c)(3)) Greenwood, MS
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →
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Size
<$100K
What they do
Revitalizes the historic Baptist Town community in Mississippi.
Leadership
Robert Benford · Director
Money in and out
$31K revenue, $9K expenses
Bottom line
100% program efficiency
Where the money goes · FY2020
Total revenue
$31K
Pt VIII · Ln 12
Total expenses
$9K
Pt IX · Ln 25
Net assets
$111K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $22K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
40.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+71%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$31K
FY2020
Expenses
$9K
FY2020
Total assets
$111K
FY2020
Total liabilities
$0
FY2020
Total revenue
$31K
Pt VIII · Ln 12
Total expenses
$9K
Pt IX · Ln 25
Net assets
$111K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$22K
Total assetsPt X · Ln 16$111K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $184 of program spending, described in the organization's own filed words · FY2020.
01

The organization has a mentoring program for the resident youth. It has also started a recreational physical fitness program.

$184program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBaptist Town Community Development
EINHdr · item D45-2651327
Principal addressHdr · item CGreenwood, MS
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S99)
Ruling yearIRS BMFAug 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
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
$0Pt VII · Sec A
President/ S
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$29K · 95%
Program service revenue$2K · 5%
Contributions & grants95%$29K
Program service revenue5%$2K
Total revenueLn 12$31K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$9K
Total functional expensesLn 25$9K

Balance Sheet

Part X · end of year
CashLn 1$30K
Total assetsLn 16$111K
Total liabilitiesLn 26$0
Total net assetsLn 32$111K
Months of cash on handcomputed40.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $30K · Operating expenses/yr $9K
40.9 months
Where the money goes
Program services
Program services $9K · Total expenses $9K
100%
Management & General
Management & general $0 · Total expenses $9K
0%
Fundraising
Fundraising $0 · Total expenses $9K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $29K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $29K · Total revenue $31K
95%
Government reliance
Government grants — · Total revenue $31K
Earned-income share
Program service revenue $2K · Total revenue $31K
5%
Investment reliance
Investment income $0 · Total revenue $31K
0%
Program self-sufficiency
Program service revenue $2K · Total expenses $9K
19%
Growth & trend
Revenue growth (YoY)
This year $31K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $111K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $31K · Expenses $9K
+71%
Liabilities-to-Assets
Total liabilities — · Total assets $111K
Net-asset ratio
Net assets $111K · Total assets $111K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $111K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Robert Benford · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $9K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $9K
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%
Accounting fee ratio 1%

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.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$10K
Grants paid · 3 grants · $52K · 2021–2023
Unitemized GrantFY2023$15,500
Unitemized GrantFY2022$16,000
Unitemized GrantFY2021$20,000

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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
FY2023 (Latest)$24K revenue · ⤓ 990 PDF
FY2022$17K revenue · ⤓ 990 PDF
FY2021$31K revenue · ⤓ 990 PDF
FY2020$31K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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