Blue Coats Inc
- Assets
- $2.9m
- Revenue
- $297.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Clinton, OH
- Founding
- 10/1960
- Data as of
- 12/2022
- EIN
- 34-6560968
Organization Overview
Blue Coats Inc is located in Clinton, OH. The organization was established in 1960. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Coats Inc 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, Blue Coats Inc generated $297.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $242.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Blue Coats Inc has awarded 18 individual grants totaling $201,701. 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 AID FAMILIES OF THOSE IN THE PROTECTIVE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED AID FOR FAMILIES OF INDIVIDUALS IN THE PROTECTIVE SERVICES WHO HAVE BECOME DISABLED, HAVE LOST THEIR LIVES IN THE LINE OF DUTY, OR HAVE A FINANCIAL NEED BEYOND THEIR CONTROL. PROVIDED GRANTS TO SAFETY FORCE ENTITIES FOR THE MORALE AND WELL-BEING OF OFFICERS, SUPPORTING EDUCATION & TRAINING, WELLNESS AND EQUIPPING FOR SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David M Koly President | OfficerTrustee | 0.5 | $0 |
Elizabeth Hamlin Vice President | OfficerTrustee | 0.5 | $0 |
James D Kraus Secretary | OfficerTrustee | 0.5 | $0 |
Charles M Billow Treasurer | OfficerTrustee | 0.5 | $0 |
Virginia Addicott Trustee | Trustee | 0.5 | $0 |
Rennick Andreoli Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $79,500 |
| Fundraising events | $44,900 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $99,390 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $223,790 |
| Total Program Service Revenue | $0 |
| Investment income | $53,376 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,572 |
| Net Income from Fundraising Events | -$12,023 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $297,715 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $58,272 |
| Grants and other assistance to domestic individuals. | $60,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $48,525 |
| Compensation of current officers, directors, key employees. | $24,262 |
| 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 | $20,014 |
| Fees for services: Other | $13,624 |
| Advertising and promotion | $0 |
| Office expenses | $15,278 |
| 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 | $20,572 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $5,731 |
| Total functional expenses | $242,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $67,716 |
| 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 | $2,819,451 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $793 |
| Total assets | $2,887,960 |
| Accounts payable and accrued expenses | $13,415 |
| 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 | $13,415 |
| Net assets without donor restrictions | $1,572,331 |
| Net assets with donor restrictions | $1,302,214 |
| 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 | $2,887,960 |
Grants Awarded
Over the last fiscal year, Blue Coats Inc has awarded $48,983 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF AKRON - DEPT OF DEVELOPMENT PURPOSE: BLUECOATS SCHOLARSHIP | $12,500 |
COVENTRY FIRE DEPARTMENT - TRAINING ROOM PURPOSE: WELLNESS | $15,483 |
SAFETY FORCES SUPPORT CENTER - COUNSELING GRANT PURPOSE: WELLNESS | $21,000 |