Christian Benevolent Association Foundation is located in Cincinnati, OH. The organization was established in 1994. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Benevolent Association 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, Christian Benevolent Association Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 21.9% 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.
Since 2014, Christian Benevolent Association Foundation has awarded 18 individual grants totaling $4,089,599. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PERFORM THE FUNDRAISING FUNCTIONS OF AND PROVIDE FINANCIAL SUPPORT FOR THE BENEFIT OF CHRISTIAN BENEVOLENT ASSOCIATION OF GREATER CINCINNATI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE GIFT ANNUITY DISTRIBUTIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Damon Reid Chair | OfficerTrustee | 1 | $0 |
Dale Coates Vice Chair | OfficerTrustee | 1 | $0 |
Larry Monroe Ceo/president | Officer | 6 | $0 |
Vickie Brashear CFO | Officer | 2 | $0 |
Jim Carter Director | Trustee | 1 | $0 |
Mildred Merkel Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $196,555 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,105,201 |
Noncash contributions included in lines 1a–1f | $109,515 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,301,756 |
Total Program Service Revenue | $0 |
Investment income | $72,282 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$35,835 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,338,203 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,778,113 |
Grants and other assistance to domestic individuals. | $17,382 |
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 | $46,644 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $10,771 |
Payroll taxes | $2,970 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,250 |
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 | $4,602 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $230 |
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 | $1,862,962 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,599,719 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $17,600 |
Accounts receivable, net | $40,535 |
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 | $1,730,133 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,387,987 |
Accounts payable and accrued expenses | $5,307 |
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 | $163,980 |
Total liabilities | $169,287 |
Net assets without donor restrictions | $2,872,866 |
Net assets with donor restrictions | $345,834 |
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 | $3,387,987 |
Over the last fiscal year, Christian Benevolent Association Foundation has awarded $1,664,033 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
Cincinnati, OH PURPOSE: FUNDING FOR STONE WORSHIP CENTER CAPITAL CAMPAIGN | $1,566,182 |
Cincinnati, OH PURPOSE: SUBSIDY FOR RESIDENTS OF MCV HEALTH CARE FACILITIES | $74,327 |
Cincinnati, OH PURPOSE: SUBSIDY FOR RESIDENTS OF MT HEALTHY CHRISTIAN HOME | $23,524 |
Over the last fiscal year, we have identified 1 grants that Christian Benevolent Association Foundation has recieved totaling $11,750.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $11,750 |
Organization Name | Assets | Revenue |
---|---|---|
Adec Inc Bristol, IN | $35,707,130 | $22,045,756 |
Council Of Three Rivers American Indian Center Inc Pittsburgh, PA | $2,198,563 | $19,524,702 |
Training & Treatment Innovations Inc Oxford, MI | $4,219,988 | $19,202,444 |
Intercommunity Action Incorporated Philadelphia, PA | $14,614,293 | $19,901,552 |
Spectrum Community Services Inc Allentown, PA | $6,288,427 | $19,062,960 |
Prospectus Associates Inc Reading, PA | $18,973,994 | $22,583,253 |
Michigan Community Services Inc Swartz Creek, MI | $9,785,401 | $17,419,566 |
Good Family Support Services Inc Philadelphia, PA | $20,002,576 | $19,632,400 |
Buckeye Plain Ministry Group Middlefield, OH | $4,397,089 | $15,353,471 |
Typical Life Corporation York, PA | $10,082,185 | $15,549,627 |
Behavioral Healthcare Services Inc Owensboro, KY | $8,995,827 | $13,461,445 |
Centralized Comprehensive Human Services Inc Philadelphia, PA | $12,942,710 | $13,680,899 |