Nonprofit · EIN 26-4092317
FIRST BAPTIST CHURCH FOUNDATION
Tax-exempt (reinstated) · CHARLESTON, SC 29401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $91,149 | $388,276 | -$297,127 | $5,022,470 | $0 | $5,022,470 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $91,149
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $388,276
Balance sheet and other
- Total assets, start of year
- $4,993,986
- Total assets, end of year
- $5,022,470
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,022,470
- Land, buildings and equipment
- $1,000,000
- Publicly traded securities
- $3,410,017
- Net assets without donor restrictions
- $3,752,270
- Net assets with donor restrictions
- $1,270,200
- Gross receipts
- $91,149
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2009
- State of legal domicile
- SC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROY WILEY | TRUSTEE Trustee or director | 0 | $0 |
| ED RODELSPERGER | TRUSTEE Trustee or director | 0 | $0 |
| THEO LU | TRUSTEE Trustee or director | 0 | $0 |
| TIM COBAUGH | PRESIDENT Officer | 0 | $0 |
| REID SANDERS | TREASURER Officer | 0 | $0 |
| MERVYN GIBSON | SECRETARY Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 48 MEETING ST, CHARLESTON, SC 29401-2535
- In care of
- % IRENE WEEKS
- Principal officer (990 for 2024)
- TIM COBAUGH, 48 MEETING STREET, CHARLESTON, SC 29401
- Signed the 990
- TIM COBAUGH, PRESIDENT
- Phone
- (412) 445-1916
- Return prepared by
- VERIS LLC
Mission
SEE SCHEDULE O
Program accomplishments
- PROVIDED SUPPORT TO THE PROGRAMS AND OPERATIONS OF FIRST BAPTIST CHURCH.Expenses $388,276
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | Check at the IRS |
IRS record
- EIN
- 26-4092317
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2025
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X11)
- Assets (IRS master file)
- $5,022,470
- Income (IRS master file)
- $91,149
Revocation and reinstatement
- Exemption revoked
- October 15, 2023
- Posted by the IRS
- February 12, 2024
- Reinstated
- Effective October 15, 2023
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $91,149 | $388,276 | $5,022,470 | XML |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 2018 | – | – | – | IRS |
| 990 | May 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-4092317).
Questions about FIRST BAPTIST CHURCH FOUNDATION
- What is the EIN of FIRST BAPTIST CHURCH FOUNDATION?
- The employer identification number (EIN) of FIRST BAPTIST CHURCH FOUNDATION is 26-4092317.
- Is FIRST BAPTIST CHURCH FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on October 15, 2023 and reinstated it effective October 15, 2023.
- Are donations to FIRST BAPTIST CHURCH FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does FIRST BAPTIST CHURCH FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FIRST BAPTIST CHURCH FOUNDATION due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FIRST BAPTIST CHURCH FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of FIRST BAPTIST CHURCH FOUNDATION?
- The 990 for the year ended May 31, 2025 names TIM COBAUGH.
- Who are the officers and directors of FIRST BAPTIST CHURCH FOUNDATION?
- The 990 for the year ended May 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does FIRST BAPTIST CHURCH FOUNDATION have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $91,149, expenses of $388,276 and total assets of $5,022,470 at year end.
Other nonprofits in CHARLESTON
- GREAT LAKES OUTREACH INC EIN 61-1542335 · last filed 990 for 2024
- ELIZABETH L BATTLE TRUST FOR ST PHILIPS CHURCH EIN 88-3236615 · last filed 990 for 2025
- HUGUENOT SOCIETY OF SOUTH CAROLINA EIN 57-0185430 · last filed 990 for 2025
- KAIROS CHRISTIAN ACADEMY EIN 86-2905832 · last filed 990 for 2025
- SAINT ALBANS CHAPEL SOCIETY EIN 46-1427363 · last filed 990 for 2026
- TELAGOUS MINISTRIES EIN 86-2549966 · last filed 990 for 2025
- REMEMBER EIN 20-2711563 · last filed 990 for 2025
- DENTAL COMMUNITY FELLOWSHIP EIN 85-2698485 · last filed 990 for 2026
All nonprofits in CHARLESTON · South Carolina · Religion-related