philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

First Baptist Properties INC FY2022 filing

Columbus, GAMutual-benefit / member-servingSince 1999EIN 58-2264396

This page gets seen. Tell your story. Claim this org.

To hold title to property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to First Baptist Church, Inc., an exempt organization under Internal Revenue Code Section 501(c)(3).

Mission: Form 990 Part I, line 1

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $210K a year · 1423% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
12 mo
of spending, in cash
Looks good: 12.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$112K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$45K
+843% vs prior year
Spent
$218K
To programs
0%
Net assets
$3.8M
By yearFY2020–FY2024
Revenue
$45K
FY2022▲ +843%
Revenue by fiscal year
FY2020−$87K
FY2021$5K
FY2022$45K
FY2023$81K
FY2024$30K
Expenses
$218K
FY2022▼ -0.7%
Expenses by fiscal year
FY2020$204K
FY2021$219K
FY2022$218K
FY2023$222K
FY2024$260K
Net assets
$3.8M
FY2022▼ -4%
Net assets by fiscal year
FY2020$4.1M
FY2021$4.0M
FY2022$3.8M
FY2023$3.6M
FY2024$3.4M

From the FY2022 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $218K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See First Baptist Properties INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Manages property and gives all income to a tax-exempt charity.

Provided by the organization

This section is blank until First Baptist Properties INC claims this page.

Know this organization? Claim it to add your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$45K
Ln 12
Other incomeLn 4–11$45K
Investment incomeLn 3$6K
Money outPt IX
$218K
Ln 25
Managementcol C$218K
Owns and owesPt X
$3.8M
net assets · Ln 32
Cash and savingsLn 1–2$219K
Total assetsLn 16$3.9M
LiabilitiesLn 26$112K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$6K
Other incomeLn 4–11$45K
Gains on assetsLn 7−$42K
Total revenueLn 12$45K
Assets in detailPt X, end of year
CashLn 1$219K
Cash and savings togetherLn 1–2$219K
InvestmentsLn 11–13$300K
Land, buildings, equipmentLn 10c$3.3M
Other assetsLn 15$21K
Total assetsLn 16$3.9M
LiabilitiesLn 26$112K
Net assetsLn 32$3.8M
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$138K$219K
InvestmentsLn 11–13$322K$300K
Land, buildings, equipmentLn 10c$3.6M$3.3M
Total assetsLn 16$4.1M$3.9M
LiabilitiesLn 26$121K$112K
Net assetsLn 32$4.0M$3.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$165K$165K
Other fees for servicesLn 11g$9K$9K
Advertising and promotionLn 12$5K$5K
OccupancyLn 16$3K$3K
Other expenses (24a–d)Ln 24$35K$35K
Total functional expensesLn 25$218K$0$218K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $30K$260K−$230K$3.4M 990 PDF
FY2023 $81K$222K−$141K$3.6M 990 PDF
FY2022 Viewing $45K$218K−$173K$3.8M 990 PDF
FY2021 $5K$219K−$214K$4.0M 990 PDF
FY2020 −$87K$204K−$292K$4.1M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $45,114 across 4 lines filed
VIII-3 Investment incomeExcluded from tax $5,856$5,856
VIII-6 Net rental income or lossRelated to mission $81,707$81,707
VIII-7 Net gain or loss on sales of assetsRelated to mission −$38,276 · Excluded from tax −$4,173−$42,449
VIII-12 Total revenueRelated to mission $43,431 · Unrelated business $0 · Excluded from tax $1,683$45,114
Part IX · Statement of functional expenses $217,642 across 5 lines filed
IX-7 Other salaries and wagesManagement $165,024$165,024
IX-11g Other fees for servicesManagement $9,295$9,295
IX-12 Advertising and promotionManagement $5,233$5,233
IX-16 OccupancyManagement $3,485$3,485
IX-24 Other expenses (24a–d)Management $34,605$34,605
IX-25 Total functional expensesPrograms $0 · Management $217,642 · Fundraising $0$217,642
Part X · Balance sheet $3,899,177 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $137,638$219,233
X-4 Accounts receivableStart of year $3,609$18,851
X-9 Prepaid expenses and deferred chargesStart of year $619$1,021
X-10c Land, buildings and equipment, netStart of year $3,613,928$3,339,758
X-11 Publicly traded securitiesStart of year $322,406$299,696
X-15 Other assetsStart of year $0$20,618
X-16 Total assetsStart of year $4,078,200$3,899,177
X-17 Accounts payable and accrued expensesStart of year $96,398$99,639
X-19 Deferred revenueStart of year $24,163$12,283
X-26 Total liabilitiesStart of year $120,561$111,922
X-27 Net assets without donor restrictionsStart of year $3,957,639$3,787,255
X-32 Total net assets or fund balancesStart of year $3,957,639$3,787,255
X-33 Total liabilities and net assetsStart of year $4,078,200$3,899,177
Part XI · Reconciliation of net assets $3,787,255 net assets at year end
XI-1 Total revenue$45,114
XI-2 Total expenses$217,642
XI-3 Revenue less expenses−$172,528
XI-4 Net assets at start of year$3,957,639
XI-5 Net unrealized gains (losses) on investments$2,148
XI-9 Other changes in net assets−$4
XI-10 Net assets at end of year$3,787,255

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.