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← BILLY ANDRADE-BRAD FAXON CHARITIES FOR CHILDREN INC

Form 990 for tax year 2023

Filed by BILLY ANDRADE-BRAD FAXON CHARITIES FOR CHILDREN INC.

Totals

Total revenue
$844,468
Total expenses
$336,213
Contributions and grants received
$505,661
Grants paid
$309,192
Program service revenue
$0
Investment income
$338,807
Other revenue
$0
Total assets, end of year
$2,911,499
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,911,499
Program services expenses (Part IX)
$309,566
Management and general expenses
$26,647
Fundraising expenses
$0
Program service expenses (Part III)
$309,566

Program services were 92.1% 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.

  • 1f · All other contributions, gifts and grants

    $505,661

  • 3 · Investment income

    total $74,424 · unrelated business $0 · excluded $74,424

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $493,062

  • 7b · Less cost or other basis and sales expenses

    securities $228,679

  • 7c · Gain or loss

    securities $264,383

  • 7d · Net gain or loss

    total $264,383 · excluded $264,383

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $309,192 · program services $309,192

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $16,388 · management and general $16,388

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $1,981 · management and general $1,981

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $1,404 · management and general $1,404

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $1,864 · management and general $1,864

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $3,739 · program services $374 · management and general $3,365

  • 14 · Information technology

    total $430 · management and general $430

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $144 · management and general $144

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $734 · management and general $734

  • 23 · Insurance

    total $337 · management and general $337

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $319,581 · end of year $58,204

  • 2 · Savings and temporary cash investments

    beginning of year $20,000 · end of year $300,000

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $5,185

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,469

  • 10c · Land, buildings and equipment, net

    beginning of year $4,450 · end of year $3,716

  • 11 · Investments: publicly traded securities

    beginning of year $1,894,972 · end of year $2,549,579

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $0

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $2,239,003 · end of year $2,911,499

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

BILLY ANDRADE-BRAD FAXON CHARITIES FOR CHILDREN, INC. WAS ORGANIZED TO SUPPORT VARIOUS CHARITABLE ENDEAVORS CONCENTRATING IN SUPPORTING THE NEEDS OF CHILDREN.

Activities or mission (Part I)

ORGANIZATION SUPPORTS VARIOUS CHARITABLE ENDEAVORS CONCENTRATING IN THE NEEDS OF CHILDREN.

  • TO PROVIDE CHILDREN'S CHARITIES WITH FUNDING TO MAINTAIN THE HEALTH, EDUCATION, AND/OR GENERAL WELFARE OF CHILDREN.

    Expenses $309,566 · Grants $309,192

As filed on the 2023 return.

Listed in Part VII

  • WILLIAM T ANDRADE

    PRESIDENT & DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BRADFORD FAXON JR

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • PAULA MCNAMARA

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1.5

  • BRADFORD BOSS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • DAVID CHASE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • THOMAS RYAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • THOMAS HUDSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • WILLIAM LUNNIE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • THOMAS GILBANE JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • ANDREW BERG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • BRAD DIMEO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • DORRY RICCI FAXON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • PAUL SALEM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
15 August 2025
IRS schema version
2023v6.0
Source object
202532259349301013

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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