Powered by CharityEZ

Charity report ready

PITTMAN EDUCATIONAL TRUST FBO FIRST BAPTIST CHURCH OF CLEVELAND MS

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

PITTMAN EDUCATIONAL TRUST FBO FIRST BAPTIST CHURCH OF CLEVELAND MS

EIN 57-0988877 · Public Foundations

What they do

THE PRIMARY MISSION of THE MAUDE ELIZABETH PITTMAN EDUCATION TRUST F/B/O THE FIRST BAPTIST CHURCH of CLEVELAND, MS is to PROVIDE FUNDING to THE CHURCH for SCHOLARSHIP SUPPORT for NEEDY MINISTERIAL STUDENTS and FUNDING for OTHER EDUCATIONAL PROGRAMS of THE FIRST BAPTIST CHURCH. FUNDS ARE ALSO PROVIDED to DELTA STATE UNIVERSITY FOUNDATION, INC. of CLEVELAND, MS to BE USED EXCLUSIVELY for SCHOLARSHIP SUPPORT of NEEDY DELTA STATE UNIVERSITY STUDENTS.IN 2018, THE BOARD APPROVED THE DISSOLUTION of THE TRUST WITH THE FUNDS BEING DISTRIBUTED 33% to FIRST BAPTIST CHURCH of CLEVELAND MISSISSIPPI and 67% to DELTA STATE UNIVERSITY FOUNDATION. AT THE END of 2018 ALL FUNDS ON HAND HAD BEEN DISTRIBUTED. HOWEVER, IN 2019 ADDITIONAL FUNDS FROM A CLASS ACTION SETTLEMENT WERE RECEIVED, THEREFORE THE 2018 RETURN is NOT THE FINAL RETURN for THE TRUST.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2018The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

126.41%of revenue went to mission work100.0% of expenses · Program services
$126.41spent for every $100 of revenueSpending was higher than revenue this year.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,296,229 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2018

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,908,236
Mission workProgram services$6,204,465126.41% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$6,204,465126.41% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$4,908,236
Expenses$6,204,465
Annual shortfall $1,296,229 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,204,465 · 100.0% of expenses
See all reported dollar amounts
Revenue$4,908,236
Expenses$6,204,465
Income$2,789,657
Mission work (program services)$6,204,465
Grants given$6,121,591
Average grant$3,060,796
Stocks and bonds$4,088,761
Accounting fees$1,977
People

Leadership and board

Tax year 2018

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (7)

FRED E PITTMAN MDFOUNDER TRUSTEE

JENNIFER L PITTMANTRUSTEE

JOAN C PITTMANTRUSTEE

PATRICIA D ROWETRUSTEE

REVEREND BRAD BECKWITHTRUSTEE

RYAN F WHITLEYTRUSTEE

WILLIAM N LAFORGETRUSTEE

About this charity

Location
P O BOX 748, SULLIVANS ISLAND, SC 294820748
County
Charleston
In care of
FRED E PITTMAN MD
Primary officer
FRED E PITTMAN MD, FOUNDER TRUSTEE

How to reach them

Filing and classification

Latest tax year
2018
Tax period began
January 1, 2018
Return type
990
Tax preparer
POSTLETHWAITE & NETTERVILLE
IRS tax category
Public Foundations
Grant-giving organization
Yes

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free