Amy Bell Charities Inc
- Assets
- $2.7m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Midland, TX
- Founding
- Data as of
- 12/2022
- EIN
- 86-2444500
Organization Overview
Amy Bell Charities Inc is located in Midland, TX. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Amy Bell Charities 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 12/2022, Amy Bell Charities Inc generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $245.3k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPLEMENTAL FUNDING TO EXPERIENCED, WELL-ESTABLISHED, EDUCATIONAL AND HEALTH CARE GROUPS AND AGENCIES IN AFRICA AND OTHER DEVELOPING REGIONS IN SUPPORT OF CHILDREN IN NEED, ANYWHERE IN THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE SUPPORT CHILDREN WITH SCHOOL SUPPLIES, TEACHER SUPPORT, UNIFORMS, AND FOOD SUPPLEMENTS IN SEVEN DIFFERENT SCHOOLS. THE SCHOOLS VARY IN SIZE FROM 40 STUDENTS TO 400 STUDENTS. IN TOTAL, WE ESTIMATE WE SUPPORT DAILY FEEDING PROGRAMS IN FOUR OF THE SCHOOLS THAT HAVE APPROXIMATELY 420 STUDENTS IN THE FOUR DIFFERENT SCHOOLS. WE PROVIDE A MEAL PER DAY FOR EACH OF THE CHILDREN ON SCHOOL DAYS WHICH TOTALS SERVING OVER 84,000 MEALS PER YEAR. IN SOME CASES, WE ALSO SUPPLEMENT THEIR FOOD WITH ADDITIONAL FOOD ITEMS FOR THEM TO TAKE HOME ON WEEKENDS AND DURING SCHOOL HOLIDAYS. WE ALSO SUPPORT A FEEDING PROGRAM IN SOUTH AFRICA THAT SERVES APPROXIMATELY 300 MEALS PER WEEK. THESE FOOD ITEMS ARE DISTRIBUTED EACH WEEK IN SQUATTER CAMPS AND HOMELESS SHELTERS THAT TOTAL OVER 15,000 MEALS PER YEAR. THIS AGENCY ALSO SERVES AN ADDITIONAL 5,000 MEALS PER YEAR TO CHILDREN IN SMALL DAY CARE CENTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Bell President | OfficerTrustee | 5 | $0 |
Ellen Bell Vice President | OfficerTrustee | 5 | $0 |
Nicholas Scarafile Secretary And Treasurer | OfficerTrustee | 2 | $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 | $1,338,900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,338,900 |
| Total Program Service Revenue | $0 |
| Investment income | $36,110 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $618 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,375,628 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $75,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $156,200 |
| 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 | $275 |
| Fees for services: Accounting | $2,910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,884 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Total functional expenses | $245,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $317,803 |
| Savings and temporary cash investments | $1,103,851 |
| 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 | $1,322,528 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,744,182 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $2,744,182 |
| Total liabilities and net assets/fund balances | $2,744,182 |
Grants Awarded
Over the last fiscal year, Amy Bell Charities Inc has awarded $75,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Richmond, VA PURPOSE: SAINI AND SPECIAL PROJECTS | $40,000 |
Angwin, CA PURPOSE: AMY BELL MEMORIAL SCHOOL AND HILLWOOD ORPHANAGE | $20,000 |
Tucson, AZ PURPOSE: IWFF GRANT | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Amy Bell Charities Inc has recieved totaling $440,000.
| Awarding Organization | Amount |
|---|---|
Permian Basin Area Foundation Midland, TX PURPOSE: Human Services | $240,000 |
Ellen And Larry Bell Foundation Midland, TX PURPOSE: GENERAL SUPPORT | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Petco Foundation San Antonio, TX | $33,418,658 | $39,582,418 |
Nau Foundation Houston, TX | $22,224,867 | $2,525,236 |
Excellerate Foundation Charitable Support Rogers, AR | $173,087,242 | $16,463,917 |
Greater Houston Golf Charity The Woodlands, TX | $3,025,396 | $6,171,949 |
Amoud Foundation Irving, TX | $3,623,753 | $6,777,014 |
Rice Re Holdings Iii Houston, TX | $189,919,833 | -$4,482,268 |
Hab Charitable Corporation Fort Worth, TX | $0 | $8,699,388 |
Ssb Charitable Corporation Fort Worth, TX | $58,885,873 | $7,421,686 |
David & Lezlie Hudiburg Family Fdn Foundation Oklahoma City, OK | $0 | $1,762 |
Chive Charities Austin, TX | $275,460 | $2,652,488 |
Teneo Network Inc Austin, TX | $2,908,016 | $4,934,396 |
Marlene Nathan Meyerson Family Foundation Dallas, TX | $607,475 | $1,580,847 |