Showers Of Blessings Foundation
- Assets
- $4.1m
- Revenue
- $231.5k
- Investments
- $3.8m
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 08/2012
- Data as of
- 12/2021
- EIN
- 61-1583666
Organization Overview
Showers Of Blessings Foundation is located in Baton Rouge, LA. The organization was established in 2012. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Showers Of Blessings 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, Showers Of Blessings Foundation generated $231.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $225.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Showers Of Blessings Foundation has awarded 99 individual grants totaling $2,020,919. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
6 CHURCHES, MINISTRIES, AND NON PROFITS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley Eugene Cheatham Chairman/president | 2 | $0 | |
Steven Eugene Cheatham Treasurer | 0.5 | $0 | |
Barbara Marlene M Cheatham Secretary | 0.5 | $0 | |
Skye Edwards Cheatham Board Member | 0.25 | $0 | |
Scott Eric Cheatham Board Member | 0.25 | $0 | |
Stanley Earl Cheatham Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $191,413 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,231 |
| Capital Gain Net Income | $36,231 |
| Net ST Capital Gain | $41 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,886 |
| Total Revenue | $231,530 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,159 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,422 |
| Total operating and administrative expenses | $9,531 |
| Contributions, gifts, grants paid | $215,800 |
| Total expenses and disbursements | $225,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,677 |
| Savings and temporary cash investments | $207,833 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $630 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,070,223 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Showers Of Blessings Foundation has awarded $215,800 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Baton Rouge, LA PURPOSE: AID MINISTRIES IN PLANTINGCHURCHES AND TRAININGPASTORS | $66,000 |
FIRST CHRISTIAN CHURCH PURPOSE: A MINISTRY AT ANINTER-CITY CHURCH INMOBILE FOR THE HOMELESS | $48,000 |
Baton Rouge, LA PURPOSE: FAITH BASED CHILDRENS HOSPITAL AND CHILDREN MIRACLE NETWORK | $40,000 |
New Orleans, LA PURPOSE: STUDENT SCHOLARSHIPS FOR LOW INCOME | $30,000 |
LANIER BAPTIST CHURCH PURPOSE: INNER CITY YOUTH MINISTRY, FOOD BANK & CLOTHES CLOSET PROGRAMS | $24,000 |
THE WAY CHURCH OF DENHAM SPRINGS PURPOSE: COMMUNITY MINISTRY | $7,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Edward N And Della L Thome Memorial Foundation Dallas, TX | $16,863,248 | $21,555,807 |
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
Fmh Foundation Midland, TX | $321,253,044 | $148,706,487 |
Ting Tsung And Wei Fong Chao Foundation Houston, TX | $26,401,006 | $21,447,473 |
Impetus Foundation San Antonio, TX | $248,495,187 | $85,291,192 |
Builders Initiative Bentonville, AR | $992,945,696 | $530,265,880 |