Nonprofits/Organizations/58-2619866
Active
501(c)(3)
X12 · Religion
Form 990

Emmanuel Foundation

EIN 58-2619866MORRISTOWN, NJ 7960Founded 2001WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

THE FOUNDATION WAS ORGANIZED AS A SUPPORTING ORGANIZATION FOR THE NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. WHICH PROMOTES BIBLICAL PRINCIPALS.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$234K

+16.8%YoY

Total Expenses

$233K

+29.5%YoY

Net Assets

$159K

0%YoY

Employees

0

Volunteers

50

Grants Paid

$8K

Program Expense Ratio

88.7%

This nonprofit profile presents IRS Form 990 tax filing data for Emmanuel Foundation (EIN: 58-2619866), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue grew +16.8% to $234K
Program spending ratio of 88.7% — excellent
8.2 months of operating reserves — strong cushion
Expenses increased +29.5% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
7-member board, 6 independent

Compensation

No Schedule J filed — standard compensation reporting only

Program Effectiveness

1 program reported
88.7% of spending goes to programs
No programs generate independent revenue
$8K in grants paid to other organizations
50 volunteers engaged

Financial Stability

Debt-to-asset ratio of 7.0% — low leverage
0.9 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets consistently growing over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
Family or business relationships among officers/directors

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Emmanuel Foundation is a 501(c)(3) nonprofit headquartered in MORRISTOWN, NJ, founded in 2001. It is classified under NTEE code X12 (Fund Raising & Fund Distribution), within the Religion category. The organization has held tax-exempt status since 2001. In its 2024 filing, the organization reported $234K in total revenue, a 16.8% increase from the prior year, and $233K in total expenses. The organization engaged 50 volunteers. The organization runs 1 program, totaling $207K in program expenses. 4 of 6 recommended governance policies are in place.

Emmanuel Foundation is classified under NTEE code X12 (Fund Raising & Fund Distribution), which falls within the Religion category. Its foundation type is 17.

Programs(Tax Year 2024)

1 record

Programs Overview

Emmanuel Foundation operates 1 program, with total program expenses of $207K. Emmanuel Foundation's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $207,066

THE FOUNDATION HAS CREATED A WEBSITE TO HELP EDUCATE PASTORS IN THE BIBLICAL PUBLIC THEOLOGY THAT FORMS THE BASIS OF PRESENT DAY FREEDOM AND WORSHIP. A JOURNAL HAS BEEN CREATED TO PROVIDE INFORMATION TO PASTORS AND OTHER RELIGIOUS LEADERS

Financial Overview(Tax Years 2019–2024)

6 records

Financial Highlights

Over the past 6 years, Emmanuel Foundation's revenue has declined from $596K to $234K, a 60.7% decrease. Program expenses represent 89% of total spending.

Revenue increased 16.8% year-over-year, while expenses grew 29.5%.

Emmanuel Foundation derives 100% from contributions and grants, with 0% from investment income.

Revenue is heavily concentrated: 100% comes from contributions and grants, indicating limited diversification.

Emmanuel Foundation allocates 89% to programs, 11% to management and general.

Expenses grew by 29.5%, outpacing revenue growth of 16.8% — a trend to watch if it continues.

Emmanuel Foundation distributed $8K in grants to other organizations and individuals, representing 3% of total expenses.

Over 6 filings from 2019–2024, Emmanuel Foundation declined revenue from $596K to $234K (-60.7%) while maintaining a program expense ratio of 89%.

Emmanuel Foundation holds $171K in total assets against $12K in liabilities (debt-to-asset ratio of 7%). The organization has 8.2 months of operating reserves. Cash and equivalents of $17K cover approximately 0.9 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$234K$234K$0$0$25
2023$200K$200K$0$0$27
2022$213K$213K$0$0$3
2021$341K$341K$0$272$2
2020$383K$318K$0$7K$16
2019$596K$418K$0$145K$28

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$233K$207K$26K$0$8K
2023$180K$155K$0$0$6K
2022$255K$229K$26K$0$6K
2021$300K$275K$25K$0$33K
2020$332K$307K$26K$0$13K
2019$603K$578K$25K$0$34K

Program Expense Ratio

88.7%

Admin Expense Ratio

11.3%

Fundraising Efficiency

Operating Reserve

8.2 mo

People & Compensation(Tax Year 2024)

7 records

Compensation Summary

Emmanuel Foundation reported compensation for 7 officers and key employees.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
EMMANUEL KAMPOURISDIRECTOR
OfficerDirector
5.00$0$0$0
CAMILLE B KAMPOURISDIRECTOR
OfficerDirector
5.00$0$0$0
JAMES GALWAYDIRECTOR
Director
5.00$0$0$0
JEANNE GALWAYDIRECTOR
Director
5.00$0$0$0
TERRILL A PARKERDIRECTOR
Director
35.00$0$0$0
ANDREW KAMPOURISDIRECTOR
Director
5.00$0$0$0
DON QUATTRUCCIDIRECTOR
Director
5.00$0$0$0

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Emmanuel Foundation has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 7 members, 6 of whom are independent.

Emmanuel Foundation's financial statements are audited, accounting follows GAAP standards.

Emmanuel Foundation has family or business relationships among officers, directors, or key employees.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members7
Independent members6

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required
Accounting standardGAAP

Filing History(Tax Years 2001–2024)

6 records

Showing the 6 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$234K$233K$159K
2023
990
2023-01-01 – 2023-12-31$200K$180K$158K
2022
990
2022-01-01 – 2022-12-31$213K$255K$138K
2021
990
2021-01-01 – 2021-12-31$341K$300K$180K
2020
990
2020-01-01 – 2020-12-31$383K$332K$138K
2019
990
2019-01-01 – 2019-12-31$596K$603K$87K
2001–2018No filings acquired yet

Frequently Asked Questions

What does Emmanuel Foundation do?

THE FOUNDATION WAS ORGANIZED AS A SUPPORTING ORGANIZATION FOR THE NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. WHICH PROMOTES BIBLICAL PRINCIPALS.

How much revenue does Emmanuel Foundation have?

Emmanuel Foundation reported $234,057 in total revenue for tax year 2024, up 16.8% from the prior year.

Who is the highest-paid executive at Emmanuel Foundation?

EMMANUEL KAMPOURIS, DIRECTOR, received $0 in total compensation as of tax year 2024.

Is Emmanuel Foundation a 501(c)(3)?

Yes, Emmanuel Foundation is classified as a 501(c)(3) tax-exempt organization.

Where is Emmanuel Foundation located?

Emmanuel Foundation is headquartered in MORRISTOWN, NJ 7960.

What type of nonprofit is Emmanuel Foundation?

Emmanuel Foundation is classified under NTEE code X12 (Fund Raising & Fund Distribution), within the Religion category. It is a 501(c)(3) tax-exempt organization.

Is Emmanuel Foundation audited?

Yes, Emmanuel Foundation's financial statements are audited.

Does Emmanuel Foundation give grants?

Yes, Emmanuel Foundation distributed $7,735 in grants to other organizations and individuals in tax year 2024.

Data Source

Prepared by: TABOR & COMPANY LLC CPAS, BASKING RIDGE, NJ

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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