Dr J E Green Educational Trust FY2023 filing

Tax-deductible

Birmingham, AL501(c)(3)EducationEIN 62-6185748Revenue $19K in FY2023

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.
77¢ of each $1 spent went to programs.
$12K 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

FY2023 · 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
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$12K
to officers and key staff · 20% of spending
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.5 months of spending in cash; 1 to 3.
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
$19K
-64% vs prior year
Spent
$59K
To programs
77%
Net assets
$676K
By yearFY2020–FY2024
Revenue
$19K
FY2023▼ -64%
Tap a bar for its year
Revenue by fiscal year
FY2020$72K
FY2021$64K
FY2022$52K
FY2023$19K
FY2024$37K
Expenses
$59K
FY2023▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020$58K
FY2021$60K
FY2022$61K
FY2023$59K
FY2024$58K
Net assets
$676K
FY2023▼ -5%
Tap a bar for its year
Net assets by fiscal year
FY2020$720K
FY2021$725K
FY2022$716K
FY2023$676K
FY2024$660K

From the FY2023 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 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

77 cents of each dollar spent went to programs.

Program services 77% · $45K Management & general 23% · $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; $12K paid to officers and key staff.

Part VII, Section A · reportable compensation
$11,975Pt 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.

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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.

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Provided by the organization

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2 programs · $45K · in their own filed words · FY2023
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 FY2023 990, line by line.

1The main four
Money inPt VIII
$19K
Ln 12
Investment incomeLn 3$19K
Money outPt IX
$59K
Ln 25
Programscol B$45K
Managementcol C$14K
Owns and owesPt X
$676K
net assets · Ln 32
Cash and savingsLn 1–2$12K
Total assetsLn 16$676K
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$19K
Gains on assetsLn 7−$23
Total revenueLn 12$19K
Assets in detailPt X, end of year
SavingsLn 2$12K
Cash and savings togetherLn 1–2$12K
InvestmentsLn 11–13$664K
Total assetsLn 16$676K
LiabilitiesLn 26$0
Net assetsLn 32$676K
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 FY23End FY23
Cash and savingsLn 1–2$25K$12K
InvestmentsLn 11–13$691K$664K
Total assetsLn 16$716K$676K
LiabilitiesLn 26$0$0
Net assetsLn 32$716K$676K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$45K$45K
Pay of current officers, directors and key staffLn 5$12K$12K
Accounting feesLn 11c$1K$1K
Other fees for servicesLn 11g$549$549
Total functional expensesLn 25$59K$45K$14K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $37K$58K−$21K$660K 990 PDF
FY2023 Viewing $19K$59K−$40K$676K 990 PDF
FY2022 $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 FY2023 990 (6 parts)
Part I · Summary $18,849 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $51,932$18,849
I-11 Other revenue$0
I-12 Total revenuePrior year $51,932$18,849
I-13 Grants and similar amounts paidPrior year $46,853$45,160
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $12,939$11,976
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,514$1,549
I-18 Total expensesPrior year $61,306$58,685
I-19 Revenue less expensesPrior year −$9,374−$39,836
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 $18,849 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $18,872$18,872
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$23−$23
VIII-12 Total revenueExcluded from tax $18,849$18,849
Part IX · Statement of functional expenses $58,685 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $45,160$45,160
IX-5 Pay of current officers, directors and key staffManagement $11,976$11,976
IX-11c Accounting feesManagement $1,000$1,000
IX-11g Other fees for servicesManagement $549$549
IX-25 Total functional expensesPrograms $45,160 · Management $13,525 · Fundraising $0$58,685
Part X · Balance sheet $676,214 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $24,827$12,321
X-11 Publicly traded securitiesStart of year $690,718$663,893
X-16 Total assetsStart of year $715,545$676,214
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $715,545$676,214
X-33 Total liabilities and net assetsStart of year $715,545$676,214
Part XI · Reconciliation of net assets $676,214 net assets at year end
XI-1 Total revenue$18,849
XI-2 Total expenses$58,685
XI-3 Revenue less expenses−$39,836
XI-4 Net assets at start of year$715,545
XI-9 Other changes in net assets$505
XI-10 Net assets at end of year$676,214

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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