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Nonprofiteer
← BETA IOTA BOULE FOUNDATION INC

Form 990 for tax year 2022

Filed by BETA IOTA BOULE FOUNDATION INC.

Totals

Total revenue
$53,321
Total expenses
$35,730
Contributions and grants received
$140,000
Grants paid
$10,000
Program service revenue
$0
Investment income
$0
Other revenue
-$86,679
Total assets, end of year
$231,720
Total liabilities, end of year
$100,000
Net assets or fund balances, end of year
$131,720
Program services expenses (Part IX)
$30,948
Management and general expenses
$4,782
Fundraising expenses
$0
Program service expenses (Part III)
$30,948

Program services were 86.6% 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

    $140,000

  • 8a · Fundraising events: gross income

    $60,737

  • 8a · Fundraising events: contributions included on line 1c

    $60,737

  • 8b · Fundraising events: direct expenses

    $147,416

  • 8c · Net income from fundraising events

    total -$86,679 · unrelated business $0 · excluded -$86,679

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $10,000 · program services $10,000

  • 11g · Fees: other

    total $4,025 · program services $0 · management and general $4,025 · fundraising $0

  • 13 · Office expenses

    total $757 · program services $0 · management and general $757 · fundraising $0

  • 24a · Other expenses: Donations

    total $20,948 · program services $20,948 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $103,129 · end of year $219,647

  • 9 · Prepaid expenses and deferred charges

    beginning of year $11,000 · end of year $12,073

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $100,000

  • 27 · Net assets without donor restrictions

    beginning of year $114,129 · end of year $131,720

Mission and programs · 2022

Mission

Initiatives focused on addressing health and educational inequities in minority communities.

  • Initiatives focused on addressing health and educational inequities in minority communities.

    Expenses $30,948 · Grants $10,000

As filed on the 2022 return.

Listed in Part VII

  • Bradford Meacham

    Director

    Total calculated
    $0
    Hours/week
    1
  • Mishone Donelson

    Director

    Total calculated
    $0
    Hours/week
    1
  • Chris Cloud

    Director

    Total calculated
    $0
    Hours/week
    1
  • Adam Cloud

    Director

    Total calculated
    $0
    Hours/week
    1
  • Earl Exum

    Director

    Total calculated
    $0
    Hours/week
    1
  • Tom McNeill

    Director

    Total calculated
    $0
    Hours/week
    1
  • Dennis Williams

    Director

    Total calculated
    $0
    Hours/week
    1
  • Greg Jones

    Director

    Total calculated
    $0
    Hours/week
    1

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
21 April 2023
IRS schema version
2022v5.0
Source object
202321329349301642

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