Continuous Blessings Foundation
- Assets
- $49.5k
- Revenue
- $26.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 06/2008
- Data as of
- 12/2022
- EIN
- 26-1864950
Organization Overview
Continuous Blessings Foundation is located in Raleigh, NC. The organization was established in 2008. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Continuous Blessings Foundation 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, Continuous Blessings Foundation generated $26.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $37.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Continuous Blessings Foundation has awarded 19 individual grants totaling $149,000. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND BENEFIT THE LIVES AND HEALTH OF CHILDREN IN NC, INCLUDING THE UNDERPRIVILEGED, BY PROVIDING OPPORTUNITIES TO ENGAGE IN COMPETITIVE AMATEUR SPORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CONTINUOUS BLESSINGS FOUNDATION SPONSORED THE FELLOWSHIP OFCHRISTIAN ATHLETES PROGRAM WHICH ALLOWS UNDERPRIVILEGED CHILDRENTHE OPPORTUNITY TO PARTICIPATE IN AMATEUR ATHLETIC COMPETITION.
VARIOUS NON-PROFITS WHICH ALLOW UNDERPRIVILEGED CHILDREN THE OPPORTUNITY TO ACCESS HIGH QUALITY FAITH.
THE CONTINUOUS BLESSINGS FOUNDATION SPONSORED THE ZEBULON BOYS AND GIRLS CLUB PROGRAM WHICH ALLOWS UNDERPRIVILEGED CHILDREN THE OPPORTUNITY TO PARTICIPATE IN AMATEUR ATHLETIC COMPETITION.
THE CONTINUOUS BLESSINGS FOUNDATION SPONSORED THE FRIENDS OF THEWAKE COUNTY GUARDIAN AD LITEM PROGRAM WHICH SUPPORTS THE CHILDVICTIMS OF ABUSE AND NEGLECT BY PROVIDING ENRICHMENT OPPORTUNITYFUNDS AND NEEDED ITEMS FOR IMPOVERISHED CHILDREN INCLUDING ONES INFOSTER CARE, OUT-OF-HOME KINSHIP PLACEMENTS, FAMILIES WORKING HARDTO BREAK THE CYCLE OF POVERTY, AND YOUTH WHO HAVE AGED OUT OFFOSTER CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Player Barefoot Director | Trustee | 2 | $0 |
Romy Barefoot Director | Trustee | 2 | $0 |
Dabney Aldridge Director | Trustee | 2 | $0 |
Hunter Grove Director | Trustee | 2 | $0 |
Ronnie Grove Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,775 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,775 |
| Total Program Service Revenue | $0 |
| Investment income | $527 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $17,101 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,403 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $36,000 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $37,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $38,481 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $10,991 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $49,472 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $49,472 |
| Total liabilities and net assets/fund balances | $49,472 |
Grants Awarded
Over the last fiscal year, Continuous Blessings Foundation has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FELLOWSHIP OF CHRISTIAN ATHLETES PURPOSE: PROGRAM WHICH ALLOWS UNDERPRIVILEGED CHILDREN THE OPPORTUNITY TO PARTICIPATE IN AMATEUR ATHLETIC COMPETITION. | $10,000 |
ZEBULON BOYS AND GIRLS CLUB PURPOSE: PROGRAMS ENRICHING THE LIVES OF ABUSED AND NEGLECTED CHILDREN | $10,000 |