Goodnewsbee Foundation Inc
- Assets
- $47.5k
- Revenue
- $38.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Okatie, SC
- Founding
- 12/2014
- Data as of
- 12/2021
- EIN
- 47-2581523
Organization Overview
Goodnewsbee Foundation Inc is located in Okatie, SC. The organization was established in 2014. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Goodnewsbee 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 12/2021, Goodnewsbee Foundation Inc generated $38.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $35.5k during the year ending 12/2021. While expenses have increased by 15.8% 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.
Since 2015, Goodnewsbee Foundation Inc has awarded 114 individual grants totaling $163,390. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nona Valiunas President | 5 | $0 | |
Carrie S Lanning Treasurer | 1 | $0 | |
Shana Sullivan Director | 1 | $0 | |
Dominicus R Valiunas Vp/secretary | 1 | $0 | |
Jocelyn Noel Director | 1 | $0 | |
Lee Judd Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $38,517 |
| Interest on Savings | $5 |
| 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 | $38,522 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $319 |
| Total operating and administrative expenses | $2,099 |
| Contributions, gifts, grants paid | $33,379 |
| Total expenses and disbursements | $35,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,503 |
| Savings and temporary cash investments | $0 |
| 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 | $47,503 |
| 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, Goodnewsbee Foundation Inc has awarded $26,779 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SHARONDA JENKINS PURPOSE: TO GIVE TO A NEEDY OR IMPOVERISHED I | $13,879 |
SANDRA AYER PURPOSE: TO GIVE TO THE NEEDY OR IMPOVERISHED | $5,500 |
WALTER ODEMBA PURPOSE: TO GIVE TO THE NEEDY OR IMPOVERISHED | $2,400 |
ABEL ALVARADO PURPOSE: TO GIVE TO THE NEEDY OR IMPOVERISHED | $1,500 |
JOHN PRIESTER PURPOSE: TO GIVE TO THE NEEDY OR IMPOVERISHED | $1,250 |
JOSEPH MARIMA PURPOSE: TO GIVE TO THE NEEDY OR IMPOVERISHED | $1,250 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Goodnewsbee Foundation Inc has recieved totaling $5,500.
| Awarding Organization | Amount |
|---|---|
Magnolia Plantation Foundation Charleston, SC PURPOSE: SUPPORT | $5,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
In Touch Foundation Inc Atlanta, GA | $84,991,538 | $40,474,859 |
Boys & Girls Clubs Of The Midlands Columbia, SC | $2,396,839 | $5,933,397 |
Parents With A Purpose Inc Atlanta, GA | $315,977 | $2,301,377 |
Global Generosity Inc Alpharetta, GA | $2,653,838 | $2,877,884 |
Lake Oconee Academy Foundation Inc Greensboro, GA | $20,544,289 | $963,837 |
Ncf Carolinas Inc Charlotte, NC | $1,465,195 | $1,454,572 |
Highlands Festivals Inc Highlands, NC | $326,105 | $1,750,969 |
Fearless Foundation Atlanta, GA | $1,132,374 | $1,879,003 |
Allied Churches Of Alamance County Inc Burlington, NC | $1,257,075 | $884,626 |
Force Blue Inc Mount Pleasant, SC | $619,681 | $797,933 |
Flint Energies Foundation Inc Reynolds, GA | $1,510,696 | $1,010,080 |
Deloache Family Foundation Mount Pleasant, SC | $8,345,008 | $1,486,832 |