Pcs Endowment

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EIN 45-5027788 Supporting organization Akron, OH NTEE X11
Form 990 (PDF)

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Revenue & expenses by yearFY2020–FY2024
Revenue
$96K
FY2024▲ +90%
Expenses
$23K
FY2024▲ +7%

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).


Supports pastoral counseling services financially. For fiscal year 2024 it reported $96K in revenue, $23K in expenses, and $2.3M in net assets.Pt I

Founded
2012
Type
Supporting organization · Religion
Location
Akron, OH
Filings
5 on file (2020–2024)
Revenue
$96KFY2024
Expenses
$23K
Net assets
$2.3M
People
8
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Size
<$100K
What they do
Supports pastoral counseling services financially.
Leadership
Anthony Burwell · Board Member
Money in and out
$96K revenue, $23K expenses
Bottom line
+76% net inflow
Money in and out · FY2024
Total revenue
$96K
Pt VIII · Ln 12
Total expenses
$23K
Pt IX · Ln 25
Net assets
$2.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $73K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.16 Fundraising $0.01
Net inflow
+76%
revenue over expenses, this year▲ +32% vs prior filing year
Pass-through gifts
0%
of revenue from contributions
Program spending
83%
of expenses reach stated programs▲ +18% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$2.3M
FY2024▲ +11%
Total liabilities
$0
FY2024
Revenue less expensesPt I · Ln 19$73K
Total assetsPt X · Ln 16$2.3M
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CPcs Endowment
EINHdr · item D45-5027788
Principal addressHdr · item CAkron, OH
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2012
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X11)
Ruling yearIRS BMFMar 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $19K of program spending, described in the organization's own filed words · FY2024.
01

To maintain and invest donations and bequests received and to makesuch funds available for the benefit of the pastoral counselingservice of summit county and to further its charitable purpose.

$19Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$50K · 52%
Investment income$46K · 48%
Other revenue52%$50K
Investment income48%$46K
Total revenueLn 12$96K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.16 Fundraising $0.01
Program services83%$19K
Management & general16%$4K
Fundraising1%$135
Total functional expensesLn 25$23K

Balance Sheet

Part X · end of year
CashLn 1$288K
Total assetsLn 16$2.3M
Total liabilitiesLn 26$0
Total net assetsLn 32$2.3M
Months of cash on handcomputed151.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.9M · Operating expenses/yr $23K
1017.1 months
Where the money goes
Program services
Program services $19K · Total expenses $23K
83%
Management & General
Management & general $4K · Total expenses $23K
16%
Fundraising
Fundraising $135 · Total expenses $23K
0.6%
Cost to raise $1
Fundraising expense (3-yr avg) $143 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $96K
0%
Government reliance
Government grants — · Total revenue $96K
—
Earned-income share
Program service revenue $0 · Total revenue $96K
0%
Investment reliance
Investment income $46K · Total revenue $96K
+48%
Program self-sufficiency
Program service revenue $0 · Total expenses $23K
0%
Growth & trend
Revenue growth (YoY)
This year $96K · Prior year $51K
+90%
Revenue CAGR
FY2019 $87K · FY2024 $96K
+2%
Net-asset trend (YoY)
End of year $2.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $96K · Expenses $23K
+76%
Liabilities-to-Assets
Total liabilities — · Total assets $2.3M
—
Net-asset ratio
Net assets $2.3M · Total assets $2.3M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.6M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.3M
71%
People & payroll
Highest Reported Total Compensation
Individual Anthony Burwell · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $23K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $23K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%——
Overhead ratio 16%——
Revenue growth 90%——

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$51K revenue · ⤓ 990 PDF
FY2023$63K revenue · ⤓ 990 PDF
FY2022$40K revenue · ⤓ 990 PDF
FY2021$343K revenue · ⤓ 990 PDF
FY2020$87K 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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