Believe 271 Foundation Inc
- Assets
- $305.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Holland Patent, NY
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 47-1035467
Organization Overview
Believe 271 Foundation Inc is located in Holland Patent, NY. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Believe 271 Foundation 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 12/2021, Believe 271 Foundation Inc generated $75.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $42.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
IN 2021, 11 GRANTS WERE GIVEN TO INDIVIDUALS WHO WERE SUFFERINGFROM LIFE THREATENING ILLNESSES, SUCH AS CANCER.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Member | 2 | $0 | |
Brian Mcqueen President | 5 | $0 | |
Betsy Schwertfeger Recording Secretary | 5 | $0 | |
Jeff Abrial Member | 2 | $0 | |
Sarah Mcqueen Member | 2 | $0 | |
Mabbett Dan Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,503 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | -$2,045 |
| Net Income from Gaming & Fundraising | $45,292 |
| Other Revenue | $0 |
| Total Revenue | $75,760 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $876 |
| Other expenses | $5,902 |
| Total expenses | $42,828 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $305,206 |
| Other assets | $0 |
| Total assets | $305,206 |
| Total liabilities | $0 |
| Net assets or fund balances | $305,206 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Believe 271 Foundation Inc has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Joseph And Inez E Carbone Foundation Tr Utica, NY PURPOSE: GENERAL DONATION | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joy In Childhood Foundation Inc Canton, MA | $7,582,989 | $8,931,292 |
Joint Council For Economic Opportunity Of Clinton & Franklin Plattsburgh, NY | $5,357,972 | $10,698,049 |
Health Management Group Ltd Getzville, NY | $13,266,135 | $8,802,636 |
Roy Lichtenstein Foundation New York, NY | $85,182,586 | $2,378,185 |
Mccance Foundation Tr North Scituate, MA | $91,930,926 | $3,999,038 |
Childrens Dyslexia Centers Inc Lexington, MA | $70,604,540 | $15,265,584 |
North Central Area Agency On Aging Inc Hartford, CT | $1,856,134 | $6,505,484 |
Hampton Classic Horse Show Inc Bridgehampton, NY | $1,702,497 | $4,948,481 |
Peggy Mcgrath Rockefeller Foundation New York, NY | $16,278,993 | $1,905,197 |
Loring Wolcott & Coolidge Charitable Tr - I Boston, MA | $103,000 | $4,276,644 |
Rosenkranz Foundation Inc New York, NY | $20,933,111 | $6,809,267 |
Llewellyn Family Foundation New York, NY | $59,134,047 | $5,278,479 |