Community Foundation Of Cleveland & Bradley County Inc
- Assets
- $9.3m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 4
- Location
- Cleveland, TN
- Founding
- 08/2009
- Data as of
- 12/2022
- EIN
- 26-2101084
Organization Overview
Community Foundation Of Cleveland & Bradley County Inc is located in Cleveland, TN. The organization was established in 2009. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Community Foundation Of Cleveland & Bradley County Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Cleveland & Bradley County 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, Community Foundation Of Cleveland & Bradley County Inc generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $2.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Community Foundation Of Cleveland & Bradley County Inc has awarded 161 individual grants totaling $6,435,060. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FACILITATE ETHICAL STEWARDSHIP OF PHILANTHROPIC RESOURCES BY HELPING CONNECT THOSE RESOURCES WITH THE NEEDS OF CLEVELAND AND BRADLEY COUNTY TENNESSEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSIST DONORS IN BUILDING PERMANENT ENODWOMENTS AND IN CARRYING OUT CHARITABLE GIVING THAT IMPROVES QUALITY OF LIFE IN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Geren President | Officer | 40 | $77,088 |
Cathy Barrett President | Officer | 40 | $9,917 |
Thomas Arrendale Treasurer | OfficerTrustee | 1 | $0 |
Kathryn Box Director | Trustee | 1 | $0 |
Ginger Wilson Buchanan Director | Trustee | 1 | $0 |
Ben Chandler Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,909,239 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,909,239 |
| Total Program Service Revenue | $0 |
| Investment income | $166,978 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $314,326 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,399,548 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,627,363 |
| Grants and other assistance to domestic individuals. | $61,150 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $87,005 |
| Compensation of current officers, directors, key employees. | $6,090 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,254 |
| Pension plan accruals and contributions | $2,895 |
| Other employee benefits | $0 |
| Payroll taxes | $8,859 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,394 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,070 |
| Fees for services: Other | $846 |
| Advertising and promotion | $267 |
| Office expenses | $12,974 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,539 |
| Travel | $972 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,743 |
| All other expenses | $123,923 |
| Total functional expenses | $2,000,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $676,398 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $8,629,307 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,305,705 |
| Accounts payable and accrued expenses | $177 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $757,739 |
| Total liabilities | $757,916 |
| Net assets without donor restrictions | $5,548,457 |
| Net assets with donor restrictions | $2,999,332 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,305,705 |
Grants Awarded
Over the last fiscal year, Community Foundation Of Cleveland & Bradley County Inc has awarded $1,546,796 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
ART IS HERE PARTNERSHIP | | | $6,000 |
ATS THE BRIDGE | | | $10,000 |
BOYS & GIRLS CLUBS OF THE OCOEE REG | | | $27,500 |
BRADLEY COUNTY SCHOOLS | | | $800,000 |
BROAD STREET UMC | | | $58,000 |
CITY FIELDS | | | $76,012 |