Ebenezer Presbyterian Church of Ghana EIN 56-2337875

Ebenezer Presbyterian Church of Ghana

EIN  56-2337875 Religious organization Bronx, NY
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Shares faith and holds weekly worship services.
Leadership
Rev Frank Addo · Minister in Charge · $31K
Money in and out
$505K revenue, $499K expenses
Bottom line
48% program efficiency

Shares faith and holds weekly worship services. For fiscal year 2019 it reported $505K in revenue, $499K in expenses, and $713K in net assets.Pt I

Where the money goes · FY2019
Total revenue
$505K
Pt VIII · Ln 12
Total expenses
$499K
Pt IX · Ln 25
Net assets
$713K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $7K
Where spending went · Part IX cols B–D
Program services $0.48 Management & general $0.52
Program efficiency
48%
of spending reaches programs▼ -48% vs prior filing year
Operating runway
3.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+1%
revenue over expenses, this year▼ -89% vs prior filing year

Summary of the Filing

Part I · fiscal year 2019 · Form 990
Revenue
$505K
FY2019▲ +23%
Expenses
$499K
FY2019▲ +38%
Total assets
$1.8M
FY2019
Total liabilities
$1.1M
FY2019
Total revenue
$505K
Pt VIII · Ln 12
Total expenses
$499K
Pt IX · Ln 25
Net assets
$713K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$7K
Total assetsPt X · Ln 16$1.8M
Program-expense ratioPt IX · col B48%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $241K of program spending, described in the organization's own filed words · FY2019.
01

Evangelism and church services weekly

$241Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEbenezer Presbyterian Church of Ghana
EINHdr · item D56-2337875
Principal addressHdr · item CBronx, NY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X21)
Ruling yearIRS BMFAug 2006

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 13Yes
Document retention policyPt VI · Ln 14Yes
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
Minister in Charge
$30,909Pt VII · Sec A
Senior Presbyter
$0Pt VII · Sec A
Session Clerk
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Rev Frank Addo’s $31K as Minister in Charge is at the 30th percentile of top reported officer pay among 2136 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Contributions & grants100%$505K
Total revenueLn 12$505K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.48 Management & general $0.52
Program services48%$241K
Management & general52%$257K
Total functional expensesLn 25$499K

Balance Sheet

Part X · end of year
CashLn 1$133K
Total assetsLn 16$1.8M
Total liabilitiesLn 26$1.1M
Total net assetsLn 32$713K
Months of cash on handcomputed3.2

Financial Metrics

Form 990 · FY2019 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $133K · Operating expenses/yr $499K
3.2 months
Where the money goes
Program services
Program services $241K · Total expenses $499K
48%
Management & General
Management & general $257K · Total expenses $499K
52%
Fundraising
Fundraising $0 · Total expenses $499K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $459K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $505K · Total revenue $505K
100%
Government reliance
Government grants — · Total revenue $505K
Earned-income share
Program service revenue $0 · Total revenue $505K
0%
Investment reliance
Investment income $0 · Total revenue $505K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $499K
0%
Growth & trend
Revenue growth (YoY)
This year $505K · Prior year $412K
+23%
Net-asset trend (YoY)
End of year $713K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $505K · Expenses $499K
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $1.8M
Net-asset ratio
Net assets $713K · Total assets $1.8M
39%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.8M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rev Frank Addo · Reported title Minister in Charge · Highest reported compensation $31K · Total expenses $499K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $31K · Total expenses $499K
6%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 48%
Overhead ratio 52%
Fundraising cost ratio 0%
Revenue growth 23%
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.

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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
FY2019 (Latest)$505K revenue · viewing · ⤓ 990 PDF
FY2018$412K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2019IRS
Classification, formation year, addressIRS Business Master File
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