Beam Foundation
- Assets
- $11.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Coppell, TX
- Founding
- 12/2005
- EIN
- 35-2261710
Organization Overview
Beam Foundation is located in Coppell, TX. The organization was established in 2005. According to its NTEE Classification (T30) the organization is classified as: Public 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. Beam 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 undefined, Beam Foundation generated $114.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (35.3%) each year. All expenses for the organization totaled $1.1k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (38.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
FUNDRAISING THROUGH VARIOUS FUNCTIONS TO PROVIDE SUPPORT FOR CHARITIES INCLUDING THE AMERICAN LUNG ASSOCIATION, JUVENILE DIABETES RESEARCH FOUNDATION, JONATHAN'S PLACE, AND OTHER LOCAL CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Beam President | 1 | $0 | |
Darla Beam Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $114 |
| Statement of Expenses | |
|---|---|
| Total expenses | $1,130 |
| Balance Sheet | |
|---|---|
| Total assets | $11,930 |
| Total liabilities | $14,095 |
| Net assets or fund balances | -$2,165 |