Breast Cancer Eradication Initiative Inc
- Assets
- $66.8k
- Revenue
- $124.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Germantown, TN
- Founding
- 05/1996
- Data as of
- 12/2020
- EIN
- 62-1609633
Organization Overview
Breast Cancer Eradication Initiative Inc is located in Germantown, TN. The organization was established in 1996. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Breast Cancer Eradication Initiative 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 12/2020, Breast Cancer Eradication Initiative Inc generated $124.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $138.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Breast Cancer Eradication Initiative Inc has awarded 40 individual grants totaling $682,800. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS PAID TO ORGANIZATIONS TO BENEFIT BREAST CANCER EDUCATION AND RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Matthews Executive Director | OfficerTrustee | 1 | $13,000 |
Joe Vancleve Chairman | OfficerTrustee | 1 | $0 |
Cameron Spann Vice Chairman | OfficerTrustee | 1 | $0 |
Jim King Treasurer | OfficerTrustee | 1 | $0 |
Mary Heezen Past Chairman | OfficerTrustee | 1 | $0 |
Tom Dayton Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,810 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $48,800 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $124,610 |
| Statement of Expenses | |
|---|---|
| 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. | $12,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $450 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,471 |
| 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 | $3,690 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $589 |
| All other expenses | $0 |
| Total functional expenses | $138,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,846 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $66,846 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $66,846 |
Grants Awarded
Over the last fiscal year, Breast Cancer Eradication Initiative Inc has awarded $200,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Memphis, TN PURPOSE: BREAST CANCER RESEARCH/EDUC/TREATMENT | $60,000 |
Memphis, TN PURPOSE: BREAST CANCER RESEARCH/EDUC/TREATMENT | $50,000 |
BAPTIST HOSPITAL FOR WOMEN PURPOSE: BREAST CANCER RESEARCH/EDUC/TREATMENT | $50,000 |
Memphis, TN PURPOSE: BREAST CANCER RESEARCH/EDUC/TREATMENT | $10,000 |
Memphis, TN PURPOSE: BREAST CANCER RESEARCH/EDUC/TREATMENT | $10,000 |
Memphis, TN PURPOSE: BREAST CANCER RESEARCH/EDUC/TREATMENT | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Breast Cancer Eradication Initiative Inc has recieved totaling $19,818.
| Awarding Organization | Amount |
|---|---|
Ga Telesis Charitable Fund Inc Fort Lauderdale, FL PURPOSE: GENERAL OPERATIONS | $13,000 |
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $6,800 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of Greater St Louis Inc Saint Louis, MO | $114,175,989 | $83,585,264 |
Community Action Partnership Of North Alabama Inc Decatur, AL | $106,792,545 | $49,339,847 |
Jewish Federation Of Greater Atlanta Inc Atlanta, GA | $335,156,066 | $46,977,032 |
Worldwide Inventory Network Inc St Louis, MO | $154,273,003 | $31,738,147 |
United Way Of Middle Tennessee Inc Nashville, TN | $71,875,939 | $59,642,100 |
Americas Charities Chantilly, VA | $19,664,098 | $37,274,660 |
United Way Of Greater Kansas City Inc Kansas City, MO | $27,299,107 | $44,015,637 |
United Way Of South Hampton Roads Norfolk, VA | $66,003,873 | $28,678,324 |
Metro United Way Inc Louisville, KY | $52,656,581 | $25,773,108 |
United Way Of The National Capital Area Vienna, VA | $52,010,356 | $25,572,571 |
United Way Of Greater Richmond Richmond, VA | $16,886,120 | $22,666,995 |
United Way Of Greater Charlotte Charlotte, NC | $28,665,296 | $24,251,139 |