Berry Foundation
- Assets
- $43.0m
- Revenue
- $36.7m
- Investments
- $0.0
- Employees
- 94
- Location
- Kansas City, MO
- Founding
- 03/2016
- Data as of
- 06/2022
- EIN
- 43-1830400
Organization Overview
Berry Foundation is located in Kansas City, MO. The organization was established in 2016. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2022, Berry Foundation employed 94 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berry 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 06/2022, Berry Foundation generated $36.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $20.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (22.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP AND PROVIDE CONTINUING EDUCATION, TRAINING, AND DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUING EDUCATION, TRAINING, AND DEVELOPMENT
RESOURCE MATERIALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Anderson President/ceo | Officer | 40 | $475,199 |
Janet Turner VP - Marketing | Officer | 40 | $254,243 |
Michael Hays Director/chief Strategy Officer | OfficerTrustee | 40 | $241,747 |
Kenny Owen VP - Workforce Training Solutions | Officer | 40 | $240,839 |
James Krause VP - Information Technology | Officer | 40 | $225,574 |
Paula Fields Treasurer/vp - Finance | Officer | 40 | $170,370 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,713,118 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,713,118 |
| Total Program Service Revenue | $28,883,403 |
| Investment income | $23,767 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $169,242 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $599,558 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,674,128 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,777,588 |
| Compensation of current officers, directors, key employees. | $1,777,588 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,564,976 |
| Pension plan accruals and contributions | $194,881 |
| Other employee benefits | $635,585 |
| Payroll taxes | $509,683 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $263,637 |
| Fees for services: Accounting | $62,177 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $355,019 |
| Advertising and promotion | $4,019,336 |
| Office expenses | $840,990 |
| Information technology | $282,915 |
| Royalties | $0 |
| Occupancy | $384,000 |
| Travel | $31,537 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,113,988 |
| Interest | $8,618 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,679,256 |
| Insurance | $79,310 |
| All other expenses | $752,339 |
| Total functional expenses | $20,106,437 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,000,614 |
| Savings and temporary cash investments | $16,855,265 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $611,148 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $36,509 |
| Prepaid expenses and deferred charges | $1,124,762 |
| Net Land, buildings, and equipment | $847,036 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $20,480,376 |
| Other assets | $0 |
| Total assets | $42,955,710 |
| Accounts payable and accrued expenses | $2,469,662 |
| Grants payable | $0 |
| Deferred revenue | $14,243,497 |
| 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 | $53,858 |
| Other liabilities | $0 |
| Total liabilities | $16,767,017 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $26,188,693 |
| Total liabilities and net assets/fund balances | $42,955,710 |