Brasuell Simmons Foundation Inc
- Assets
- $149.0k
- Revenue
- $167.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marietta, GA
- Founding
- 02/2004
- Data as of
- 12/2022
- EIN
- 20-0455122
Organization Overview
Brasuell Simmons Foundation Inc is located in Marietta, GA. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Brasuell Simmons Foundation 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, Brasuell Simmons Foundation Inc generated $167.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (69.8%) each year. All expenses for the organization totaled $24.5k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DOMESTIC AND INTERNATIONAL MINISRY SUPPORT - SUPPORT LOCAL AND INTERNATIONAL CHRISTIAN MINISTRIES CHILD EDUCATIONAL DEVELOPMENT AND COMMUNITY REDEVELOPMENT IN IMPOVERISHED ENVIRONMENTS.
SUPPORT MEDICAL RESEARCH - SUPPORT MEDICAL RESEARCH AND THE FAMILIES AND PATIENTS IMPACTEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Brasuell Chairman | 0.5 | $0 | |
Dianne Brasuell Vice Chairman | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $167 |
| Dividends & Interest | $0 |
| 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 | $167 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $84 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $464 |
| Total operating and administrative expenses | $548 |
| Contributions, gifts, grants paid | $23,920 |
| Total expenses and disbursements | $24,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,398 |
| Savings and temporary cash investments | $107,615 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $149,013 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Brasuell Simmons Foundation Inc has awarded $23,920 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BRIGHTPOINT FOR CHIDLREN PURPOSE: SUPPORT FOR CHILD EDUCATION | $1,400 |
LIGHTHOUSE FAMILY RETREAT PURPOSE: SUPPORT FOR FAMILIES OF CANCER PATIENTS | $1,020 |
THE 410 BRIDGE PURPOSE: SUPPORT FOR INTERNATONAL COMMUNITY REDEVELOPMENT | $2,500 |
COBB COMMUNITY FOUNDATION PURPOSE: SUPPORT EDUCATION EXPENSES FOR THE BENEFACTORS OF THE LUCKEY FUND | $5,000 |
CONVOY OF HOPE PURPOSE: SUPPORT FOR RELIEF IN UKRAINE | $1,000 |
DOCTORS WITHOUT BORDERS PURPOSE: PROVIDE LIFESAVING MEDICAL CARE TO THOSE WHO NEED IT MOST. | $1,000 |