Brethren Care Foundation

Organization Overview

Brethren Care Foundation is located in Ashland, OH. The organization was established in 1991. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Brethren Care 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, Brethren Care Foundation generated $228.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $115.1k during the year ending 12/2021. While expenses have increased by 6.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FUNCTION OF THE FOUNDATION IS TO COLLECT CONTRIBUTIONS FROM DONORS AND PROVIDE THESE FUNDS TO BRETHREN CARE, INC., AS APPROPRIATE, TO MEET OPERATING AND RELATED NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORTING ORGANIZATION FOR BRETHREN CARE, INC.


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Board, Officers & Key Employees

Name (title)Compensation
Andrew Bush
Vice Chair
$0
Tim Rowsey
Secretary
$0
Neil Hinkle
Chair
$0
Dale Stoffer
Treasurer
$0
Troy Snyder
CEO
$0
Matthew Mcfarland
CFO
$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$17,093
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$17,093
Total Program Service Revenue$0
Investment income $29,981
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $163,888
Net Income from Fundraising Events $17,137
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $228,099

Endowment Analysis

Beg. Balance$465,250
Earnings$59,130
Ending Balance$524,380

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