Form 990 for tax year 2022
Filed by BELOVED COMMUNITY SERVICES CORPORATION.
Totals
- Total revenue
- $3,692,596
- Total expenses
- $1,267,355
- Contributions and grants received
- $3,491,596
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $201,000
- Total assets, end of year
- $10,888,165
- Total liabilities, end of year
- $7,868,211
- Net assets or fund balances, end of year
- $3,019,954
- Program services expenses (Part IX)
- $1,227,897
- Management and general expenses
- $39,458
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,227,897
Program services were 96.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$176,868
-
1e · Government grants (contributions)
$3,012,500
-
1f · All other contributions, gifts and grants
$302,228
-
8a · Fundraising events: contributions included on line 1c
$176,868
-
11a · Other revenue: OTHER REVENUE
total $201,000 · related or exempt $201,000
-
11e · Other revenue, total
$201,000
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $643,894 · program services $643,894
-
11b · Fees: legal
total $1,510 · program services $1,510
-
11c · Fees: accounting
total $33,425 · program services $26,207 · management and general $7,218
-
11g · Fees: other
total $19,671 · program services $18,783 · management and general $888
-
12 · Advertising and promotion
total $2,510 · program services $385 · management and general $2,125
-
13 · Office expenses
total $3,880 · program services $1,145 · management and general $2,735
-
16 · Occupancy
total $32,865 · program services $16,482 · management and general $16,383
-
17 · Travel
total $10,649 · program services $8,811 · management and general $1,838
-
20 · Interest
total $467,466 · program services $467,466
-
22 · Depreciation, depletion and amortization
total $1,500 · program services $1,500
-
23 · Insurance
total $10,909 · program services $10,248 · management and general $661
-
24a · Other expenses: EVENTS
total $14,169 · program services $14,169
-
24e · All other expenses
total $24,907 · program services $17,297 · management and general $7,610
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $56,825 · end of year $1,897,604
-
4 · Accounts receivable
end of year $1,423,826
-
7 · Other notes and loans receivable
end of year $7,119,525
-
9 · Prepaid expenses and deferred charges
end of year $10,000
-
10a · Land, buildings and equipment: cost or other basis
$195,000
-
10b · Land, buildings and equipment: accumulated depreciation
$1,766
-
10c · Land, buildings and equipment, net
beginning of year $44,734 · end of year $193,234
-
11 · Investments: publicly traded securities
end of year $16,678
-
15 · Other assets
end of year $227,298
-
17 · Accounts payable and accrued expenses
end of year $50,000
-
24 · Unsecured notes and loans payable
end of year $7,814,070
-
25 · Other liabilities
end of year $4,141
-
27 · Net assets without donor restrictions
beginning of year $101,559 · end of year $143,487
-
28 · Net assets with donor restrictions
end of year $2,876,467
Mission and programs · 2022
Mission
BELOVED COMMUNITY SERVICES CORPORATIONS MISSION IS TO PROVIDE THE TOOLS NECESSARY TO BRIDGE THE KNOWLEDGE, ECONOMIC, EDUCATIONAL, DIGITAL, AND POLITICAL GAP THAT CAUSES MANY OF THE SOCIAL ISSUES THAT PLAGUE BALTIMORE.
-
P.S. 103 JUSTICE THURGOOD MARSHALL CENTER IS THE RESTORATION OF THE PUBLIC SCHOOL ATTENDED BY THURGOOD MARSHALL INTO A COMMUNITY CENTER
Expenses $1,143,490 · Revenue $3,440,968
-
TOTAL PROPERTY REHABILITATION
Expenses $53,664
-
ROBOTICS
Expenses $21,413 · Revenue $22,250
-
FRIENDS OF HENRY HIGHLAND GARNET PARK IS A PROGRAM TO CLEAN UP THE NEIGHBORHOOD WHERE COMMUNITY PERSONS PRESERVE THE PARK AND MAINTAIN GREEN SPACE IN 21217
Expenses $5,579 · Revenue $2,464
-
GIRLS WHO CODE IS A TRAINING PROGRAM FOR YOUNG LADIES IN MIDDLE AND HIGH SCHOOL TO TEACH THEM CODING AS A MEANS OF CREATING A NEW GENERATION OF TALENT IN THAT FIELD
Expenses $3,751
-
ACT NOW BALTIMORE IS A PROJECT WHERE BELOVED COMMUNITY SERVICES IS DEVELOPING A NETWORK OF CHURCHES
-
THE FAMILY STABILIZATION PROGRAM IS A JOINT VENTURE BETWEEN BELOVED COMMUNITY SERVICES CORPORATION, UNIVERSITY OF MARYLAND SCHOOL OF SOCIAL WORK, AND UNITED WAY OF CENTRAL MARYLAND TO PROVIDE FUNDING TO FAMILIES WHOSE CHILDREN ATTEND SCHOOLS IN MARBLE HILL AND UPTON TO PREVENT ABSENTEEISM DUE TO THE FINANCIAL STRESS WITHIN THEIR FAMILY
-
COMMUNITY ART COLLABORATIVE
As filed on the 2022 return.
Listed in Part VII
-
Alvin Hathaway SrALVIN HATHAWAY SR
PRESIDENTCEO
- Total calculated
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333199349324643
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