The Samantha And Kyle Busch Bundle Of Joy Fund
- Assets
- $519.9k
- Revenue
- $357.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Mooresville, NC
- Founding
- 03/2007
- Data as of
- 12/2022
- EIN
- 20-5950643
Organization Overview
The Samantha And Kyle Busch Bundle Of Joy Fund is located in Mooresville, NC. The organization was established in 2007. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Samantha And Kyle Busch Bundle Of Joy Fund 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 12/2022, Samantha And Kyle Busch Bundle Of Joy Fund generated $357.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $418.6k during the year ending 12/2022. While expenses have increased by 13.0% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADVOCATING FOR INFERTILITY EDUCATION AND AWARENESS AND REMOVING FINANCIAL BARRIERS BY GRANTING MONETARY AWARDS TO COUPLES WHO REQUIRE FERTILITY TREATMENTS TO HAVE THEIR OWN BUNDLE OF JOY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2022 THE SAMANTHA AND KYLE BUSCH BUNDLE OF JOY FUND DONATED FUNDS TO OTHER CHARITABLE ORGANIZATIONS THAT BENEFIT LESS FORTUNATE CHILDREN, PROVIDED PLAY-DATES SO THAT CHILDREN WITHOUT HOMES OR FAMILIES WOULD COULD BUILD RELATIONSHIPS, AND SPONOSORED MOTHER'S DAY EVENTS FOR WOMEN STRUGGLING WITH INFERTILITY. ALSO DURING THE YEAR, THE ORGANIZATION HELD A LARGE FUNDRAISER AND RAFFLE AND DONATED OVER $268,000 TO REPRODUCTIVE ENDOCRINOLOGY ASSOCIATES OF CHARLOTTE ("REACH"), A LEADING NORTH CAROLINA BASED FERTILITY ORGANIZATION THAT HELPS COUPLES STRUGGLING WITH INFERTILITY ACHIEVE THEIR GOAL OF STARTING A FAMILY. KYLE BUSCH PERSONALLY VOLUNTEERED HIS TIME MANY TIMES DURING THE YEAR TO APPEAR AT VARIOUS FUNDRAISING AND OTHER EVENTS TO RAISE AWARENESS ABOUT CHILDREN'S NEEDS AND THE FOUNDATION'S GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Busch President | OfficerTrustee | 1 | $0 |
Samantha Busch Executive Dir. | OfficerTrustee | 2.5 | $0 |
Roohi Jeelani Director | Trustee | 0.25 | $0 |
Clifton Homesley Director | Trustee | 0.25 | $0 |
Ed Laukes Director | Trustee | 0.25 | $0 |
Allion Latos Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $196,384 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $275,078 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $471,462 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$113,724 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $357,738 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $269,427 |
| Grants and other assistance to domestic individuals. | $311 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $83,385 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,057 |
| Fees for services: Accounting | $18,613 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $23,293 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,830 |
| Travel | $2,462 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $418,582 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $480,628 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $39,037 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $242 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $519,907 |
| Accounts payable and accrued expenses | $2,237 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,237 |
| Net assets without donor restrictions | $517,670 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $519,907 |
Grants Awarded
Over the last fiscal year, The Samantha And Kyle Busch Bundle Of Joy Fund has awarded $119,238 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GIRL TALK FOUNDATION PURPOSE: Prom Project | $12,103 |
PRETTY IN PINK PURPOSE: General Purpose | $59,785 |
REACH BUNDLE OF JOY PURPOSE: General Support | $47,350 |