Max & Al Jeane Beach Foundation Inc
- Assets
- $1.7m
- Revenue
- $161.3k
- Investments
- $1.7m
- Employees
- 0
- Location
- Clearwater, FL
- Founding
- 01/2006
- Data as of
- 12/2023
- EIN
- 20-2560310
Organization Overview
Max & Al Jeane Beach Foundation Inc is located in Clearwater, FL. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Max & AL Jeane Beach Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Max & AL Jeane Beach Foundation Inc generated $161.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $210.6k during the year ending 12/2023. While expenses have increased by 3.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Max & AL Jeane Beach Foundation Inc has awarded 26 individual grants totaling $289,065. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William K Lovelace Secretary | 0 | $22,279 | |
Henry Webb Trustee | 0 | $22,279 | |
Debra Snyder Trustee | 0 | $22,279 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $56,174 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $105,098 |
| Capital Gain Net Income | $105,098 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $161,272 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $66,837 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $60 |
| Taxes | $37,598 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $162,616 |
| Contributions, gifts, grants paid | $48,000 |
| Total expenses and disbursements | $210,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $67,158 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,724,905 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Max & Al Jeane Beach Foundation Inc has awarded $48,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTIAN SERVICE CENTER PURPOSE: CHARITABLE | $10,000 |
CLEARWATER AQUATIC TEAM PURPOSE: CHARITABLE | $5,000 |
CLEARWATER FOR YOUTH PURPOSE: CHARITABLE | $10,000 |
INDIAN ROCKS CHRISTIAN SCHOOL PURPOSE: CHARITABLE | $13,000 |
PALM HARBOR UNITED METHODIST PURPOSE: CHARITABLE | $10,000 |