Beinstrumental Foundation
- Assets
- $80.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sylvania, OH
- Founding
- 10/2010
- Data as of
- 12/2021
- EIN
- 27-1203008
Organization Overview
Beinstrumental Foundation is located in Sylvania, OH. The organization was established in 2010. 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. Beinstrumental 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 12/2021, Beinstrumental Foundation generated $61.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 34.0% each year . All expenses for the organization totaled $30.1k during the year ending 12/2021. While expenses have increased by 10.7% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Levine Secretary | 2 | $0 | |
Lily Young Treasurer | 2 | $0 | |
Jeff Green President | 10 | $0 | |
Mike Weatherford Vice President | 2 | $0 | |
Shaun Strong Board Member | 1 | $0 | |
Reggie Bradley Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,193 |
| Total Program Service Revenue | $188 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,145 |
| Total Revenue | $61,534 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $18,096 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,997 |
| Total expenses | $30,093 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,737 |
| Other assets | $0 |
| Total assets | $80,904 |
| Total liabilities | $0 |
| Net assets or fund balances | $80,904 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Beinstrumental Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Arts Commission Of Greater Toledo Inc Toledo, OH PURPOSE: ARTIST RELIEF GRANT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewell Educational Fund Owosso, MI | $398,993,901 | $18,985,075 |
Lola G Duff & William Duff Ii Scholarship Fund Pittsburgh, PA | $108,136,539 | $9,727,539 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Perkins Malo Hunter Foundation Holland, MI | $51,295,166 | -$331,905 |
Thompson Foundation Plymouth, MI | $5,518,000 | $2,844,461 |
Independence Foundation Philadelphia, PA | $78,719,217 | $2,815,934 |
The Endowment Fund Of The Phi Kappa Psi Fraternity Indianapolis, IN | $26,119,752 | $5,253,152 |
Beta Theta Pi Foundation Oxford, OH | $33,085,697 | $6,703,723 |
Addison Gibson Foundation Pittsburgh, PA | $46,529,076 | $11,633,912 |
Cardinal Health Foundation Dublin, OH | $40,394,329 | $2,713,784 |
Say Yes Cleveland Scholarship Inc Cleveland, OH | $89,649,014 | $4,775,644 |
Pittsburgh Jewish Educational Improvement Foundation Pittsburgh, PA | $252,999 | $3,355,550 |