Bandimere Family Foundation
- Assets
- $287.6k
- Revenue
- $207.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Morrison, CO
- Founding
- 11/1994
- Data as of
- 12/2021
- EIN
- 84-1256929
Organization Overview
Bandimere Family Foundation is located in Morrison, CO. The organization was established in 1994. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bandimere Family 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, Bandimere Family Foundation generated $207.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $99.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF READING IN ELEMENTARY SCHOOLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE AN INTEREST IN READING IN ELEMENTARY SCHOOLS THROUGH DRAG RACING AND RELATED ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John C Bandimere President | Officer | 1 | $0 |
Lorraine S Bandimere Vice President | Officer | 2 | $0 |
Johnna Crispe Secretary | Officer | 1 | $0 |
Tamara J Bandimere Treasurer | Officer | 1 | $0 |
Financial Statements
| 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 | $105,715 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,715 |
| Total Program Service Revenue | $101,602 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $207,317 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| 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 | $5,810 |
| 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 | $0 |
| All other expenses | $13,357 |
| Total functional expenses | $98,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,463 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,087 |
| 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 | $287,550 |
| 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 | $19,547 |
| Total liabilities | $19,547 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $268,003 |
| Total liabilities and net assets/fund balances | $287,550 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Bandimere Family Foundation has recieved totaling $62,000.
| Awarding Organization | Amount |
|---|---|
The New Horizons Foundation Inc Colorado Springs, CO PURPOSE: PROGRAM SUPPORT | $47,000 |
Christian Community Foundation Inc Colorado Springs, CO PURPOSE: GENERAL SUPPORT | $10,000 |
Ideker Family Foundation Littleton, CO PURPOSE: RACE TO READ PROGRAM | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Oklahoma Memorial Foundation Inc Ardmore, OK | $106,106,910 | $11,493,167 |
Catholic Social Services Lincoln, NE | $3,827,317 | $5,568,585 |
Promise Keepers Colorado Springs, CO | $314,391 | $4,644,365 |
Mesa Valley Community School Grand Junction, CO | $4,974,586 | $4,247,839 |
Back To The Bible Lincoln, NE | $5,584,724 | $3,983,560 |
Tao Fellowship Sedona, AZ | $19,067,372 | $2,706,388 |
Emissaries Of Divine Light Loveland, CO | $13,649,759 | $2,104,017 |
Marian Park Inc Denver, CO | $5,363,170 | $3,104,809 |
Rocky Mountain Youth Corps Ranchos De Taos, NM | $2,570,057 | $3,220,479 |
Chiniligi Alchini Idahoolaa Inc Chinle, AZ | $4,815,260 | $2,616,117 |
Som Inc Cottonwood, AZ | $695,777 | $2,940,517 |
Christian Workers Fellowship Fund Inc Kansas City, KS | $94,708 | $2,549,697 |