Buum Foundation
- Assets
- $153.9k
- Revenue
- $49.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 10/2019
- Data as of
- 12/2021
- EIN
- 83-3795331
Organization Overview
Buum Foundation is located in Houston, TX. The organization was established in 2019. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, 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. Buum 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, Buum Foundation generated $49.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (42.5%) each year. All expenses for the organization totaled $68.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ana Juricev Administrato | 0 | $0 | |
Keion Henderson Board Member | 0 | $0 | |
Earlene Dianne Buggs Board Member | 0 | $0 | |
Gary Clayton Fishman Treasurer | 0 | $0 | |
Holton Vincent Buggs Jr Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $49,561 |
| Interest on Savings | $67 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $49,628 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,146 |
| Total operating and administrative expenses | $12,146 |
| Contributions, gifts, grants paid | $56,188 |
| Total expenses and disbursements | $68,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,537 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,316 |
| Total assets | $153,853 |
| 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, Buum Foundation has awarded $219,293 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: HELP CHILDREN | $75,000 |
MANNA RELIEF PURPOSE: HELP CHILDREN | $74,293 |
VISION MEXICO - CENTRO FOX & VAMOS PURPOSE: HELP CHILDREN | $45,000 |
GLOBAL GIVING - AUSTRALIA RELIEF F PURPOSE: FIRE HELP | $20,000 |
Houston, TX PURPOSE: HELP CHILDREN | $3,500 |
KIDS' MEALS PURPOSE: HELP CHILDREN | $1,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Buum Foundation has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
April Rolle Foundation Tamarac, FL PURPOSE: FOOD FOR CHILDREN | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Morgans Wonderland Inclusion Foundation San Antonio, TX | $24,438,940 | $21,840,113 |
Furniture Bank Houston, TX | $4,044,380 | $6,546,446 |
Scanlan Foundation Houston, TX | $209,874,637 | $6,584,694 |
Kathleen S Craft Foundation Tulsa, OK | $94,596,287 | $6,487,856 |
White Cake Family Foundation Dallas, TX | $42,767,869 | $3,380,103 |
Charitable Properties Inc Mesquite, TX | $0 | $4,302,892 |
Bp Foundation Inc Houston, TX | $4,050,119 | $6,036,214 |
Soonae Foundation Burnet, TX | $2,322,115 | $4,666,451 |
Evergreen Foundation Haughton, LA | $11,601,707 | $713,824 |
Green Beret Foundation San Antonio, TX | $4,813,026 | $3,422,970 |
The Credit Bureau Of Baton Rouge Foundation Baton Rouge, LA | $26,265,049 | $1,414,019 |
Soundwaves Art Foundation Lockhart, TX | $1,311,521 | $2,019,206 |