Shayla Bee Fund Inc
- Assets
- $600.6k
- Revenue
- $339.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Spencer, IA
- Founding
- 02/2010
- Data as of
- 12/2021
- EIN
- 26-2577504
Organization Overview
Shayla Bee Fund Inc is located in Spencer, IA. The organization was established in 2010. According to its NTEE Classification (T30) the organization is classified as: Public 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. Shayla Bee Fund 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 12/2021, Shayla Bee Fund Inc generated $339.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $175.5k during the year ending 12/2021. While expenses have increased by 10.6% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP RESPONSIBLE, WORKING CLASS FAMILIES WITH A CHILD IN MEDICAL CRISIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
16 FAMILIES WITH A CHILD IN MEDICAL CRISIS WERE PROVIDED FUNDS AND ASSISTANCE. THE FUNDS WERE RECEIVED FROM INDIVIDUALS, ORGANIZATIONS, AND 3RD PARTY FUNDRAISING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsay Wilson Co-Chairperson | OfficerTrustee | 4 | $35,978 |
Dayna Schmidt Treasurer | OfficerTrustee | 5 | $1,780 |
Randy Swanson Co-Chairperson | OfficerTrustee | 3 | $0 |
Jerry Faulkner Chairman | OfficerTrustee | 21 | $0 |
Rhett Hiney Director | Trustee | 1 | $0 |
Troy Kiepe Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,300 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $86,633 |
| Noncash contributions included in lines 1a–1f | $21,300 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,933 |
| Total Program Service Revenue | $0 |
| Investment income | $65,996 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $165,297 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $339,226 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $124,785 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $35,978 |
| Compensation of current officers, directors, key employees. | $35,978 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,752 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,580 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $134 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $877 |
| 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 | $819 |
| All other expenses | $930 |
| Total functional expenses | $175,451 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $186,670 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $500 |
| 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 | $367,837 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $45,545 |
| Total assets | $600,552 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $600,552 |
| Net assets with donor restrictions | $0 |
| 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 | $600,552 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Shayla Bee Fund Inc has recieved totaling $5,575.
| Awarding Organization | Amount |
|---|---|
Demco Charitable Foundation Boyden, IA PURPOSE: TO SUPPORT COMMUNITY SERVICES | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $325 |
First Federal Credit Union Foundation Hiawatha, IA PURPOSE: PROGRAM SUPPORT | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Schuler Education Foundation Lake Forest, IL | $54,673,241 | $7,067,242 |
Thedacare Family Of Foundations Inc Appleton, WI | $89,256,611 | $25,439,996 |
Veterans United Foundation Columbia, MO | $54,107,159 | $30,165,811 |
The Hormel Foundation Austin, MN | $1,540,722,314 | $34,366,937 |
Nebraska Philanthropic Trust Omaha, NE | $2,416,213 | $1,885,786 |
Omni Behavioral Health Omaha, NE | $19,278,605 | $23,477,571 |
South Dakota Community Foundation Pierre, SD | $805,282,495 | $215,504,617 |
Society Of St Vincent De Paul- Twin Cities Minneapolis, MN | $592,562 | $17,408,500 |
Stifel Charitable Inc St Louis, MO | $132,307,100 | $94,589,551 |
Faith Charitable Trust Omaha, NE | $0 | $922,113 |
Moose Charities Inc Mooseheart, IL | $5,385,966 | $15,548,845 |
Northland Foundation Duluth, MN | $110,895,270 | $27,913,272 |