Dr J E Green Educational Trust FY2022 filing

Tax-deductible

Birmingham, AL501(c)(3)EducationEIN 62-6185748Revenue $52K in FY2022

On file with the IRSPo Box 11647, 35202-1647 · Birmingham, ALTax-exempt since Dec 2006Supporting organization — 509(a)(3)

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Distribute to original charities

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$13K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
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
2 of 5
filings with a surplus
Average deficit $10K a year · 21% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$13K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 4.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$52K
-18% vs prior year
Spent
$61K
To programs
76%
Net assets
$716K
By yearFY2020–FY2024
Revenue
$52K
FY2022▼ -18%
Tap a bar for its year
Revenue by fiscal year
FY2020$72K
FY2021$64K
FY2022$52K
FY2023$19K
FY2024$37K
Expenses
$61K
FY2022▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$58K
FY2021$60K
FY2022$61K
FY2023$59K
FY2024$58K
Net assets
$716K
FY2022▼ -1%
Tap a bar for its year
Net assets by fiscal year
FY2020$720K
FY2021$725K
FY2022$716K
FY2023$676K
FY2024$660K

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 Dec 2006.

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

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $47K Management & general 24% · $14K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $13K paid to officers and key staff.

Part VII, Section A · reportable compensation
$12,939Pt VII · Sec A

Regions Bank Trust Dept’s $13K as Trustee is at the 45th percentile of top reported officer pay among 146 <$100K education 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.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Regions Bank Trust Dept$12,952$11,975$12,939$14,081$12,475

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Dr J E Green Educational Trust executive salaries →

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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

Distributes resources to original charities for their work.

Provided by the organization

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2 programs · $47K · in their own filed words · FY2022
01

The vestry & rector of ST peter

$23Kprogram expense
02

ST. Andrew's school for boys

$23Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 10 grants · $223K · 2020–2024
The Vestry & Rector of St Peter'sFY2024$21,842
St Andrew's-Sewanee SchoolTN · FY2024$21,842
The Vestry & Rector of St Peter'sFY2023$22,580
St Andrew's-Sewanee SchoolTN · FY2023$22,580
St Andrew's-Sewanee SchoolTN · FY2022$23,427
St Peter's Episcopal Theological Education FundFY2022$23,427
Unitemized GrantFY2021$21,877
Unitemized GrantFY2021$21,877
Unitemized GrantFY2020$21,790
Unitemized GrantFY2020$21,790

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$52K
Ln 12
Investment incomeLn 3$52K
Money outPt IX
$61K
Ln 25
Programscol B$47K
Managementcol C$14K
Owns and owesPt X
$716K
net assets · Ln 32
Cash and savingsLn 1–2$25K
Total assetsLn 16$716K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$52K
Gains on assetsLn 7$34K
Total revenueLn 12$52K
Assets in detailPt X, end of year
SavingsLn 2$25K
Cash and savings togetherLn 1–2$25K
InvestmentsLn 11–13$691K
Total assetsLn 16$716K
LiabilitiesLn 26$0
Net assetsLn 32$716K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
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$13K$25K
InvestmentsLn 11–13$712K$691K
Total assetsLn 16$725K$716K
LiabilitiesLn 26$0$0
Net assetsLn 32$725K$716K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$47K$47K
Pay of current officers, directors and key staffLn 5$13K$13K
Accounting feesLn 11c$1K$1K
Other expenses (24a–d)Ln 24$514$514
Total functional expensesLn 25$61K$47K$14K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $37K$58K−$21K$660K 990 PDF
FY2023 $19K$59K−$40K$676K 990 PDF
FY2022 Viewing $52K$61K−$9K$716K 990 PDF
FY2021 $64K$60K$4K$725K 990 PDF
FY2020 $72K$58K$14K$720K 990 PDF

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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 (6 parts)
Part I · Summary $51,932 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $63,635$51,932
I-11 Other revenue$0
I-12 Total revenuePrior year $63,635$51,932
I-13 Grants and similar amounts paidPrior year $43,754$46,853
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $14,081$12,939
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,772$1,514
I-18 Total expensesPrior year $59,607$61,306
I-19 Revenue less expensesPrior year $4,028−$9,374
Part VI · Governance 0 of 1 board members independent, 3 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $51,932 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $18,415$18,415
VIII-7 Net gain or loss on sales of assetsExcluded from tax $33,517$33,517
VIII-12 Total revenueExcluded from tax $51,932$51,932
Part IX · Statement of functional expenses $61,306 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $46,853$46,853
IX-5 Pay of current officers, directors and key staffManagement $12,939$12,939
IX-11c Accounting feesManagement $1,000$1,000
IX-24 Other expenses (24a–d)Management $514$514
IX-25 Total functional expensesPrograms $46,853 · Management $14,453 · Fundraising $0$61,306
Part X · Balance sheet $715,545 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $12,610$24,827
X-11 Publicly traded securitiesStart of year $712,142$690,718
X-16 Total assetsStart of year $724,752$715,545
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $724,752$715,545
X-33 Total liabilities and net assetsStart of year $724,752$715,545
Part XI · Reconciliation of net assets $715,545 net assets at year end
XI-1 Total revenue$51,932
XI-2 Total expenses$61,306
XI-3 Revenue less expenses−$9,374
XI-4 Net assets at start of year$724,752
XI-9 Other changes in net assets$167
XI-10 Net assets at end of year$715,545

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

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