Bee Mighty
- Assets
- $775.1k
- Revenue
- $196.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Charlotte, NC
- Founding
- 06/2018
- Data as of
- 12/2021
- EIN
- 82-2967919
Organization Overview
Bee Mighty is located in Charlotte, NC. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Bee Mighty employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bee Mighty 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, Bee Mighty generated $196.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $89.0k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BEE MIGHTY PROVIDES FUNDING FOR MEDICAL THERAPY AND EQUIPMENT TO NEONATAL INTENSTIVE CARE UNIT (NICU) GRADUATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENTAL THERAPY AND EQUIPMENT GRANTS TO NICU GRADUATES (CHILD AGES 0-18). INCLUDES EQUIPMENT AND SUPPLIES DELIVERED TO LOCAL NICUS AND NICU FOLLOW UP CLINICS.NICU CARE PACKAGESMENTAL HEALTH COUNSELING GRANTS TO NICU FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanna Kay Executive Dir. | Officer | 20 | $21,632 |
Kristy Ward Finance Chair | OfficerTrustee | 2 | $0 |
Candace Richter Founder | OfficerTrustee | 2 | $0 |
Heather Hucks Board Chair | OfficerTrustee | 2 | $0 |
Lindsay Gildea Director | Trustee | 2 | $0 |
Caroline Wilhelm Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $126,239 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,173 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,412 |
| Total Program Service Revenue | $0 |
| Investment income | $461 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,503 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $196,568 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $28,748 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $21,632 |
| Compensation of current officers, directors, key employees. | $4,326 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,956 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,264 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,300 |
| Advertising and promotion | $361 |
| Office expenses | $11,191 |
| 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 | $1,304 |
| All other expenses | $320 |
| Total functional expenses | $89,047 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $775,057 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $775,057 |
| 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 | $775,057 |
| 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 | $775,057 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Bee Mighty has recieved totaling $179,568.
| Awarding Organization | Amount |
|---|---|
Presbyterian Hospital Foundation Winston Salem, NC PURPOSE: COMMUNITY OUTREACH | $145,037 |
Philip L Van Every Foundation Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $10,000 |
Speedway Childrens Charities Concord, NC PURPOSE: MEDICAL | $10,000 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $5,750 |
Storey Foundation Inc Augusta, GA PURPOSE: COMMUNITY SUPPORT | $5,000 |
Eldred & Sarah Wooten Prince Ounda Foundation Orlando, FL PURPOSE: GENERAL OPERATING | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
Fraser-Parker Foundation Atlanta, GA | $226,420,772 | $14,099,479 |
Paces Foundation Inc Smyrna, GA | $85,397,872 | $9,603,919 |
Gambrell Foundation Charlotte, NC | $0 | $18,901,501 |
The Ma-Ran Foundation Atlanta, GA | $81,838,064 | $4,938,726 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |
Affordable Housing Opportunity Fund Inc Charlottesville, VA | $703,537 | $6,974,715 |
G Harbaugh Foundation Franklin, TN | $61,708,468 | $12,393,056 |
Robert H Smith Family Foundation Arlington, VA | $10,315,724 | -$3,599,936 |