Brad Echols Family Foundation
- Assets
- $146.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Trussville, AL
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-1097704
Organization Overview
Brad Echols Family Foundation is located in Trussville, AL. The organization was established in 2015. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Brad Echols Family 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, Brad Echols Family Foundation generated $57.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $29.0k 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
DISTRIBUTIONS MADE TO LOCAL FAMILIES BATTLING CANCER WHO HAVE DISPLAYED A FINANCIAL NEED FOR ACTIVITIES OF DAILY LIVING. THE MAJORITY OF THE GRANT DISTRIBUTION FROM MONIES RAISED IN 2021 IS TO BE DISTRIBUTED IN EARLY 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Echols Brooker President | 1 | $0 | |
Chesley Payne Board Member/legal Counsel | 1 | $0 | |
Daniel Ozley Board Member | 1 | $0 | |
Austin Baker Vice President | 1 | $0 | |
Daniel Dixon Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,824 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $64 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$21,024 |
| Other Revenue | $0 |
| Total Revenue | $57,864 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $371 |
| Other expenses | $4,156 |
| Total expenses | $29,027 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $146,443 |
| Other assets | $0 |
| Total assets | $146,443 |
| Total liabilities | $0 |
| Net assets or fund balances | $146,443 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Brad Echols Family Foundation has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $20,000 |
Lewis Foundation Brentwood, TN PURPOSE: TO PROMOTE SCIENTIFIC, EDUCATIONAL, AND OTHER CHARITABLE ACTIVITIES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Healthcare Charity Inc Palm Beach Gardens, FL | $5,074,981 | $9,745,793 |
Don And Angie Seta Foundation Boca Raton, FL | $0 | $7,457,065 |
The Savannah Community Foundation Inc Savannah, GA | $54,173,792 | $9,998,384 |
National Cancer Assistance Foundation Inc Daytona Beach, FL | $587,584 | $4,501,111 |
The Giving Kitchen Initiative Inc Atlanta, GA | $5,202,127 | $3,829,430 |
The Ironman Foundation Inc Tampa, FL | $9,463,048 | $2,918,187 |
Norcross Foundation Inc Jacksonville, FL | $12,948,336 | $5,280,220 |
All Star Childrens Foundation Inc Sarasota, FL | $12,316,461 | $3,561,174 |
Point Gammon Foundation Palm Beach, FL | $4,923,051 | $4,318,443 |
The Charlie & Moll Anderson Foundation Florence, AL | $11,730,320 | $5,057,663 |
Ryan Seacrest Foundation Inc Nashville, TN | $3,425,356 | $1,294,381 |
Little Kings And Queens Inc Buford, GA | $180,816 | $1,313,209 |