Eugene Bell Foundation is located in Andrews, SC. The organization was established in 1999. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eugene Bell 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 12/2022, Eugene Bell Foundation generated $195.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $188.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.2%) per year over the past 8 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
THE ENTITY IS A CHRISTIAN CHARITABLE ORGANIZATION THAT SEEKS THE SPECIAL HUMANITARIAN MEDICAL NEEDS OF THE CITIZENS OF THE DEMOCRATIC PEOPLES REPUBLIC OF KOREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES PRIMARILY MEDICAL ASSISTANCE INCLUDING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen Linton Chairman | OfficerTrustee | 0 | $27,000 |
David Hopper Treasurer | OfficerTrustee | 0 | $0 |
Edgar Bachrach Director | Trustee | 0 | $0 |
FR Eddougherty Director | Trustee | 0 | $0 |
Yoon Hyuk Kim Director | Trustee | 0 | $0 |
Abraham Kim Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $223,084 |
Noncash contributions included in lines 1a–1f | $3,672 |
Total Revenue from Contributions, Gifts, Grants & Similar | $223,084 |
Total Program Service Revenue | $0 |
Investment income | $944 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$28,601 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $195,427 |
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 | $120,000 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $36,000 |
Compensation of current officers, directors, key employees. | $18,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $12,000 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,672 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $243 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,044 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $188,718 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $125,544 |
Savings and temporary cash investments | $221,026 |
Pledges and grants receivable | $4,380 |
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 | $104,363 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $455,313 |
Accounts payable and accrued expenses | $12,312 |
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 | $12,312 |
Net assets without donor restrictions | $443,001 |
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 | $0 |
Total liabilities and net assets/fund balances | $455,313 |
Over the last fiscal year, we have identified 3 grants that Eugene Bell Foundation has recieved totaling $6,435.
Awarding Organization | Amount |
---|---|
Bisco Charitable Foundation Schaumburg, IL PURPOSE: GENERAL FUND | $5,000 |
Joy Partnership Missions Springfield, VA PURPOSE: GIFT TO THE ORGANIZATION HELPING NORTH KOREAN PEOPLE BY SUPPLYING DRUGS | $1,200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $235 |
Organization Name | Assets | Revenue |
---|---|---|
Telamon Corporation Raleigh, NC | $28,971,791 | $85,006,099 |
Pruitt Corporation Employee Welfare Norcross, GA | $5,026,472 | $52,038,649 |
Palmetto Goodwill North Charleston, SC | $100,114,143 | $50,949,954 |
Helping Hands Ministries Inc Tallulah Falls, GA | $3,673,283 | $41,819,921 |
Bremen Food & Clothing Bank Inc Bremen, GA | $515,496 | $35,921,408 |
Southwest Georgia Community Action Council Inc Moultrie, GA | $11,357,621 | $35,023,890 |
Must Ministries Inc Marietta, GA | $38,621,848 | $35,481,764 |
Inter-Faith Food Shuttle Raleigh, NC | $8,299,507 | $23,329,525 |
Enrichment Services Program Incorporated Columbus, GA | $4,122,189 | $23,954,834 |
Society Of St Vincent De Paul Georgia Inc Atlanta, GA | $8,206,515 | $23,990,110 |
Economic Improvement Council Inc Edenton, NC | $4,246,156 | $20,948,013 |
Country Club Of Landfall Wilmington, NC | $36,040,032 | $19,318,350 |