Memorial Fund Of Phi Beta Epsilon
- Assets
- $360.6k
- Revenue
- $16.6k
- Investments
- $356.2k
- Employees
- 0
- Location
- Easton, MD
- Founding
- Data as of
- 05/2024
- EIN
- 01-6013997
Organization Overview
Memorial Fund Of Phi Beta Epsilon is located in Easton, MD. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memorial Fund Of Phi Beta Epsilon 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 05/2024, Memorial Fund Of Phi Beta Epsilon generated $16.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.3% each year . All expenses for the organization totaled $16.3k during the year ending 05/2024. While expenses have increased by 7.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE OTHER THAN PAYMENT OF GRANTS NOTED ABOVE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Steininger II Chairman | 0.04 | $0 | |
Marc Moesse Secretary | 0.04 | $0 | |
Mark Beasman Treasurer | 0.7 | $0 | |
Joseph Kubit Trustee | 0.04 | $0 | |
Edward Moore Trustee | 0.04 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,615 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,615 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $408 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $579 |
| Contributions, gifts, grants paid | $15,735 |
| Total expenses and disbursements | $16,314 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,650 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $2,735 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $356,168 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $360,553 |
| Accounts payable and accrued expenses | $2,735 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,735 |
Grants Awarded
Over the last fiscal year, Memorial Fund Of Phi Beta Epsilon has awarded $15,735 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MASSACHUSETTS INST OF TECHNOLOGY PURPOSE: HIGHER EDUCATION INSTITUTION | $13,000 |
AMER FOUND'N FOR SUICIDE PREVENTION PURPOSE: SUPPORT OF THE MASSACUSETTS CHAPER OF THE AMERICAN FOUNDATION FOR SUICIDE PREVENTION | $2,735 |