Te Deum Foundation, Inc.

Inspired by the Holy Spirit and a commitment to the ministerial priesthood instituted by Jesus Christ.

aka The Te Deum Foundation | Winston-Salem, NC | www.TeDeumFoundation.org

GuideStar Charity Check

EIN: 58-2677075

Contributions tax deductible
as of September 2023

IRS BMF 509(a)(1)
as of September 18, 2023

View summary

Charity Check report

Mission

The Te Deum Foundation provides seminarians with materials necessary for study towards the Priesthood. These material needs are satisfied for those men who are unable to provide for these needs by way of their own resources and the resources of their family. These needs are fulfilled tangibly, that is to say, these needs are never monetary gifts. These generosities are extended to those men in an anonymous way, unassigned to any individual.

Ruling year info

2004

President

Mrs. Wilhelmina (Billie) T. Silva Mobley

Main address

2767 London Ln

Winston-Salem, NC 27103 USA

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EIN

58-2677075

Subject area info

Philosophy

Vocational education

Undergraduate education

University education

Teacher education

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Population served info

Young adults

Catholics

Students

NTEE code info

Roman Catholic (X22)

Alliance/Advocacy Organizations (B01)

Roman Catholic (X22)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Land Development for Major Seminary

It is the desire of the Te Deum Foundation to build a regional major seminary in the Southeastern United States. Aware of this intention, His Excellency, The Most Reverend Peter J. Jugis, Bishop of Charlotte, has granted permission to the Te Deum Foundation to raise money to purchase land for this purpose.

Population(s) Served

Christians

Students

Fatima Peace Pilgrimage

This program allows the Te Deum Foundation to sponsor seminarians on the annual Fatima Peace Pilgrimage. Contributors may specify a specific seminarian to sponsor or may donate to the general scholarship fund.

Population(s) Served

Adults

Children and youth

Seminarian Material Support

The Te Deum Foundation is established as a benevolent organization aimed at providing for the material and spiritual needs of those men in formation for the Roman Catholic Priesthood.

Population(s) Served

Christians

Students

Where we work

External reviews

Photos

Videos

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

We demonstrated a willingness to learn more by reviewing resources about feedback practice.

We shared information about our current feedback practices.

How is your organization using feedback from the people you serve?

To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
Which of the following feedback practices does your organization routinely carry out?

We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive
What challenges does the organization face when collecting feedback?

We don't have any major challenges to collecting feedback

Financials

Te Deum Foundation, Inc.

Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

Te Deum Foundation, Inc.

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$44,864
Program Services	$0
Investments	$0
Special Events	($3,602)
Sales	$0
Other	$0
Total Revenue	$41,262

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$0
Printing, Publications, Postage, etc.	$0
Other Expenses	$12,543
Total Expenses	$12,543
Net Gain/Loss	$28,719

Revenue
Contributions	$29,476
Program Services	$0
Investments	$0
Special Events	$29,965
Sales	$0
Other	$0
Total Revenue	$59,441

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$0
Printing, Publications, Postage, etc.	$0
Other Expenses	$11,380
Total Expenses	$11,380
Net Gain/Loss	$48,061

Revenue
Contributions	$61,864
Program Services	$0
Investments	$0
Special Events	($8,252)
Sales	$3,632
Other	$0
Total Revenue	$57,244

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$0
Printing, Publications, Postage, etc.	$0
Other Expenses	$7,040
Total Expenses	$7,040
Net Gain/Loss	$50,204

Revenue
Contributions	$40,852
Program Services	$0
Investments	$0
Special Events	($3,616)
Sales	$0
Other	$0
Total Revenue	$37,236

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$0
Printing, Publications, Postage, etc.	$0
Other Expenses	$7,259
Total Expenses	$7,259
Net Gain/Loss	$29,977

Revenue
Contributions	$41,448
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$41,448

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$0
Printing, Publications, Postage, etc.	$0
Other Expenses	$24,985
Total Expenses	$24,985
Net Gain/Loss	$16,463

Revenue
Contributions	$25,675
Program Services	$0
Investments	$26
Special Events	$0
Sales	($3,000)
Other	$0
Total Revenue	$22,701

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$0
Printing, Publications, Postage, etc.	$0
Other Expenses	$19,470
Total Expenses	$19,470
Net Gain/Loss	$3,231

Te Deum Foundation, Inc.

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2016	Dec 31, 2016	Change
Contributions	$44,864
Cash & Equivalents	$11,684	$15,738	$4,054
Fixed Assets (LBE - Depreciation)	$319,402	$330,678	$11,276
Other	$0	$0	$0
Total Assets	$331,086	$346,416	$15,330

Liabilities	Jan 01, 2016	Dec 31, 2016	Change
Total Liabilities	$104,984	$91,595	($13,389)

Fund balance	Jan 01, 2016	Dec 31, 2016	Change
Net Assets	$226,102	$254,821	$28,719

Assets	Jan 01, 2017	Dec 31, 2017	Change
Contributions	$29,476
Cash & Equivalents	$15,738	$48,082	$32,344
Fixed Assets (LBE - Depreciation)	$330,678	$339,584	$8,906
Other	$0	$0	$0
Total Assets	$346,416	$387,666	$41,250

Liabilities	Jan 01, 2017	Dec 31, 2017	Change
Total Liabilities	$91,595	$84,784	($6,811)

Fund balance	Jan 01, 2017	Dec 31, 2017	Change
Net Assets	$254,821	$302,882	$48,061

Assets	Jan 01, 2018	Dec 31, 2018	Change
Contributions	$61,864
Cash & Equivalents	$48,082	$72,124	$24,042
Fixed Assets (LBE - Depreciation)	$339,584	$388,311	$48,727
Other	$0	$2,214	$2,214
Total Assets	$387,666	$462,649	$74,983

Liabilities	Jan 01, 2018	Dec 31, 2018	Change
Total Liabilities	$84,784	$109,563	$24,779

Fund balance	Jan 01, 2018	Dec 31, 2018	Change
Net Assets	$302,882	$353,086	$50,204

Assets	Jan 01, 2019	Dec 31, 2019	Change
Contributions	$40,852
Cash & Equivalents	$72,124	$51,069	($21,055)
Fixed Assets (LBE - Depreciation)	$388,311	$388,311	$0
Other	$2,214	$2,214	$0
Total Assets	$462,649	$441,594	($21,055)

Liabilities	Jan 01, 2019	Dec 31, 2019	Change
Total Liabilities	$109,563	$58,531	($51,032)

Fund balance	Jan 01, 2019	Dec 31, 2019	Change
Net Assets	$353,086	$383,063	$29,977

Assets	Jan 01, 2020	Dec 31, 2020	Change
Contributions	$41,448
Cash & Equivalents	$51,069	$52,702	$1,633
Fixed Assets (LBE - Depreciation)	$388,311	$421,199	$32,888
Other	$2,214	$2,314	$100
Total Assets	$441,594	$476,215	$34,621

Liabilities	Jan 01, 2020	Dec 31, 2020	Change
Total Liabilities	$58,531	$25,000	($33,531)

Fund balance	Jan 01, 2020	Dec 31, 2020	Change
Net Assets	$383,063	$451,215	$68,152

Assets	Jan 01, 2021	Dec 31, 2021	Change
Contributions	$25,675
Cash & Equivalents	$52,702	$61,572	$8,870
Fixed Assets (LBE - Depreciation)	$421,199	$388,121	($33,078)
Other	$2,314	$0	($2,314)
Total Assets	$476,215	$449,693	($26,522)

Liabilities	Jan 01, 2021	Dec 31, 2021	Change
Total Liabilities	$25,000	$0	($25,000)

Fund balance	Jan 01, 2021	Dec 31, 2021	Change
Net Assets	$451,215	$449,693	($1,522)

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination

Form 1023/1024 is not available for this organization

President

Mrs. Wilhelmina (Billie) T. Silva Mobley

Te Deum Foundation, Inc.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Te Deum Foundation, Inc.

Board of directors
as of 07/25/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

Mrs. Whilhelmina Mobley

James A. Ebright

Wilhelmina T. Silva Mobley

John T. Putnam

Christopher A. Roux

Bryan T. Somerville

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 7/25/2023

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity

Portuguese American

Gender identity

Female

Race & ethnicity

No data

Gender identity

Sexual orientation

No data

Disability

Equity strategies

Last updated: 07/25/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data

We ask team members to identify racial disparities in their programs and / or portfolios.
We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.

Policies and processes

We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

Te Deum Foundation, Inc.

Inspired by the Holy Spirit and a commitment to the ministerial priesthood instituted by Jesus Christ.

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Land Development for Major Seminary

Fatima Peace Pilgrimage

Seminarian Material Support

Where we work

How we listen

Financials

Revenue vs. expenses: breakdown

Financial data

Digitizing IRS form 990 data

Te Deum Foundation, Inc.

Te Deum Foundation, Inc.

Operations

Documents

President

Mrs. Wilhelmina (Billie) T. Silva Mobley

Te Deum Foundation, Inc.

Compensation data

Te Deum Foundation, Inc.

Board of directors data

Mrs. Whilhelmina Mobley

Board leadership practices

Board orientation and education

CEO oversight

Ethics and transparency

Board composition

Board performance

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Equity strategies