Christian Benevolent Association Foundation is located in Cincinnati, OH. The organization was established in 1994. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Benevolent Association Foundation 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, Christian Benevolent Association Foundation generated $820.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $454.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Christian Benevolent Association Foundation has awarded 21 individual grants totaling $4,410,763. 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 PERFORM THE FUNDRAISING FUNCTIONS OF AND PROVIDE FINANCIAL SUPPORT FOR THE BENEFIT OF CHRISTIAN BENEVOLENT ASSOCIATION OF GREATER CINCINNATI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE GIFT ANNUITY DISTRIBUTIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Damon Reid Chair | OfficerTrustee | 1 | $0 |
Dale Coates Vice Chair | OfficerTrustee | 1 | $0 |
Jim Carter Secretary/treasurer | Trustee | 1 | $0 |
Mildred Merkel Director | Trustee | 1 | $0 |
Larry Monroe Ceo/president | Officer | 6 | $0 |
Vickie Brashear CFO | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $145,262 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $657,657 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $802,919 |
Total Program Service Revenue | $0 |
Investment income | $54,830 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$37,264 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $820,485 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $377,903 |
Grants and other assistance to domestic individuals. | $16,516 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $42,278 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $10,768 |
Payroll taxes | $2,991 |
Fees for services: Management | $0 |
Fees for services: Legal | $788 |
Fees for services: Accounting | $2,250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $897 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
All other expenses | $0 |
Total functional expenses | $454,391 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,031,186 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $45,000 |
Accounts receivable, net | $14,419 |
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 | $1,458,196 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,548,801 |
Accounts payable and accrued expenses | $2,354 |
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 | $285,723 |
Total liabilities | $288,077 |
Net assets without donor restrictions | $2,668,959 |
Net assets with donor restrictions | $591,765 |
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 | $3,548,801 |
Over the last fiscal year, Christian Benevolent Association Foundation has awarded $321,164 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
MT HEALTHY CHRISTIAN HOME PURPOSE: SUBSIDY FOR RESIDENTS OF MT HEALTHY CHRISTIAN HOME | $23,473 |
MCV HEALTH CARE FACILITIES PURPOSE: SUBSIDY FOR RESIDENTS OF MCV HEALTH CARE FACILITIES | $85,767 |
MCV HEALTH CARE FACILITIES PURPOSE: FUNDING FOR STONE WORSHIP CENTER CAPITAL CAMPAIGN | $211,924 |