Nonprofit · EIN 54-0858196
FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED
Tax-exempt · RICHMOND, VA 23220
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,267,043 | $2,732,131 | $534,912 | $28,942,956 | $92,525 | $28,850,431 |
| December 31, 2024 | 990 | $3,480,761 | $4,431,452 | -$950,691 | $28,402,184 | $86,665 | $28,315,519 |
| December 31, 2023 | 990 | $2,979,139 | $2,413,410 | $565,729 | $29,339,629 | $73,421 | $29,266,208 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $358,588
- Program service revenue
- $0
- Investment income
- $2,918,530
- Net rental income
- -$23,294
- Net gain from sales of assets
- $1,947,761
- Other revenue
- -$10,075
Expenses
- Grants and similar amounts paid
- $2,452,811
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $2,452,811
- Management and general (functional)
- $279,320
Balance sheet and other
- Total assets, start of year
- $28,402,184
- Total assets, end of year
- $28,942,956
- Total liabilities, end of year
- $92,525
- Net assets, end of year
- $28,850,431
- Publicly traded securities
- $23,717,872
- Net assets without donor restrictions
- $28,850,431
- Gross unrelated business income
- $151,489
- Gross receipts
- $14,407,767
- Employees
- 0
- Year formed
- 1912
- State of legal domicile
- VA
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARIE ALLRED | DIRECTOR Trustee or director | – | $0 |
| LESLIE BEALE | DIRECTOR Trustee or director | – | $0 |
| KIM O BOYS | TREASURER Trustee or director, Officer | – | $0 |
| SHANNON HARTON | DIRECTOR Trustee or director | – | $0 |
| LINN P KRECKMAN | DIRECTOR Trustee or director | – | $0 |
| MARK LARSON | PRESIDENT Trustee or director | – | $0 |
| MICHAEL LIPFORD | DIRECTOR Trustee or director | – | $0 |
| JAMES E MARKHAM | DIRECTOR Trustee or director | – | $0 |
| BURTON M MARSHALL | DIRECTOR Trustee or director | – | $0 |
| JAMES W NORVELLE | PRESIDENT Trustee or director, Officer | – | $0 |
| MARY OVERHOLSER | DIRECTOR Trustee or director | – | $0 |
| SHEARER PETTIGREW | DIRECTOR Trustee or director | – | $0 |
| JULIA O SCOTT | DIRECTOR Trustee or director | – | $0 |
| L LEE STEPHENSON | SECRETARY Trustee or director, Officer | – | $0 |
| CHARLES TILLEY | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARY ALLRED | DIRECTOR Trustee or director | – | $0 |
| LESLIE BEALE | DIRECTOR Trustee or director | – | $0 |
| KIM O BOYS | TREASURER Trustee or director, Officer | – | $0 |
| SHANNON HARTON | DIRECTOR Trustee or director | – | $0 |
| LINN P KRECKMAN | DIRECTOR Trustee or director | – | $0 |
| MARK LARSON | DIRECTOR Trustee or director | – | $0 |
| MICHAEL LIPFORD | DIRECTOR Trustee or director | – | $0 |
| JAMES E MARKHAM | DIRECTOR Trustee or director | – | $0 |
| BURTON M MARSHALL | DIRECTOR Trustee or director | – | $0 |
| JAMES W NORVELLE | PRESIDENT Trustee or director, Officer | – | $0 |
| SHEARER PETTIGREW | DIRECTOR Trustee or director | – | $0 |
| JULIA O SCOTT | DIRECTOR Trustee or director | – | $0 |
| L LEE STEPHENSON | SECRETARY Trustee or director, Officer | – | $0 |
| CHARLES TILLEY | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARY ALLRED | DIRECTOR Trustee or director | – | $0 |
| LESLIE BEALE | DIRECTOR Trustee or director | – | $0 |
| KIM O BOYS | TREASURER Trustee or director, Officer | – | $0 |
| SHANNON HARTON | DIRECTOR Trustee or director | – | $0 |
| LINN P KRECKMAN | DIRECTOR Trustee or director | – | $0 |
| MARK LARSON | DIRECTOR Trustee or director | – | $0 |
| MICHAEL LIPFORD | DIRECTOR Trustee or director | – | $0 |
| JAMES E MARKHAM | DIRECTOR Trustee or director | – | $0 |
| BURTON M MARSHALL | DIRECTOR Trustee or director | – | $0 |
| JAMES W NORVELLE | PRESIDENT Trustee or director, Officer | – | $0 |
| SHEARER PETTIGREW | DIRECTOR Trustee or director | – | $0 |
| JULIA O SCOTT | DIRECTOR Trustee or director | – | $0 |
| L LEE STEPHENSON | SECRETARY Trustee or director, Officer | – | $0 |
| CHARLES TILLEY | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 2709 MONUMENT AVE, RICHMOND, VA 23220-2671
- Principal officer (990 for 2025)
- JAMES W NORVELLE, 2013CEDAR CONE DRIVE, RICHMOND, VA 23233
- Signed the 990
- KIM O BOYS, TREASURER
- Phone
- (804) 355-8637
- Website
- FBCRICHMOND.ORG
- Return prepared by
- LANE & ASSOCIATES PC
Mission
TO PROVIDE HELP & SUPPORT TO THE MINISTRIES OF FIRST BAPTIST CHURCH, THE COMMUNITY,STATE, NATIONAL AND INTERNATIONAL MISSIONS.
Program accomplishments
- THE ENDOWMENT PROVIDES GRANTS TO VARIOUS ORGANIZATIONS FOR RELIGIOUS, EDUCATIONAL, AND HUMANITARIAN AID.Expenses $2,452,811 · grants $2,452,811
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-0858196
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $28,942,956
- Income (IRS master file)
- $14,407,767
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,267,043 | $2,732,131 | $28,942,956 | IRS |
| 990-T | December 2025 | – | – | – | IRS |
| 990 | December 2024 | $3,480,761 | $4,431,452 | $28,402,184 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $2,979,139 | $2,413,410 | $29,339,629 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $3,532,542 | $1,814,156 | $29,944,544 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 54-0858196).
Questions about FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED
- What is the EIN of FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED?
- The employer identification number (EIN) of FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED is 54-0858196.
- Is FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED 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 ENDOWMENT FUND INCORPORATED due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED?
- The 990 for the year ended December 31, 2025 names JAMES W NORVELLE.
- Who are the officers and directors of FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED?
- The 990 for the year ended December 31, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does FIRST BAPTIST CHURCH ENDOWMENT FUND INCORPORATED have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,267,043, expenses of $2,732,131 and total assets of $28,942,956 at year end.
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