Brad Echols Family Foundation is located in Trussville, AL. The organization was established in 2015. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Brad Echols Family 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, Brad Echols Family Foundation generated $46.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $33.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DISTRIBUTIONS MADE TO LOCAL FAMILIES BATTLING CANCER WHO HAVE DISPLAYED A FINANCIAL NEED FOR ACTIVITIES OF DAILY LIVING. THE MAJORITY OF THE GRANT DISTRIBUTION FROM MONIES RAISED IN 2021 IS TO BE DISTRIBUTED IN EARLY 2022.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Echols Brooker President | 1 | $0 | |
Chesley Payne Board Member/legal Counsel | 1 | $0 | |
Austin Baker Vice President | 1 | $0 | |
Daniel Dixon Board Member | 1 | $0 | |
Daniel Ozley Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,904 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $290 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$18,256 |
| Other Revenue | $0 |
| Total Revenue | $46,938 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $352 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $341 |
| Other expenses | $4,400 |
| Total expenses | $33,093 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $160,288 |
| Other assets | $0 |
| Total assets | $160,288 |
| Total liabilities | $0 |
| Net assets or fund balances | $160,288 |