Christian Businesscares Foundation
- Assets
- $60.3k
- Revenue
- $70.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Hinckley, OH
- Founding
- 03/2007
- Data as of
- 10/2023
- EIN
- 34-1377938
Organization Overview
Christian Businesscares Foundation is located in Hinckley, OH. The organization was established in 2007. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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 Businesscares 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 10/2023, Christian Businesscares Foundation generated $70.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $60.8k during the year ending 10/2023. While expenses have increased by 4.8% 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 2015, Christian Businesscares Foundation has awarded 182 individual grants totaling $417,872. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELPING MEN, WOMEN AND CHILDREN MEET UNANTICIPATED CRITICAL NEEDS WHEN THEY HAVE BEEN UNABLE TO FIND ANY OTHER SOURCE OF ASSISTANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Zaverl President | 0 | $0 | |
Vanessa Swank Vice Preside | 0 | $0 | |
Carolyn Zaverl Secretary | 0 | $0 | |
Michael Zaverl Trustee | 0 | $0 | |
Joni Zaverl Trustee | 0 | $0 | |
Richard Foster Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $69,692 |
| Interest on Savings | $648 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $70,340 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,815 |
| Total operating and administrative expenses | $3,815 |
| Contributions, gifts, grants paid | $56,970 |
| Total expenses and disbursements | $60,785 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,966 |
| Savings and temporary cash investments | $54,382 |
| 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 | $60,348 |
| 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, Christian Businesscares Foundation has awarded $56,970 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
KATHLEEN SCHULTZ PURPOSE: CAR REPAIRS & RENT | $923 |
TAYLOR HORTON PURPOSE: RENT | $2,523 |
ASHLEY SANTIAGO PURPOSE: RENT | $1,000 |
MICHAEL ZEINER PURPOSE: CAR PAYMENT & RENT | $3,041 |
TAKEEYA BAILEY PURPOSE: RENT | $367 |
RENEE MORRIS PURPOSE: VEHICLE REPAIR & GAS CARD | $1,600 |