Burnetti Childrens Foundation Inc
- Assets
- $53.5k
- Revenue
- $25.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Lakeland, FL
- Founding
- 06/2004
- Data as of
- 12/2023
- EIN
- 59-3760786
Organization Overview
Burnetti Childrens Foundation Inc is located in Lakeland, FL. The organization was established in 2004. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Burnetti Childrens 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 12/2023, Burnetti Childrens Foundation Inc generated $25.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $39.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Burnetti Childrens Foundation Inc has awarded 43 individual grants totaling $262,702. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION USES VAN AT CHARITABLE EVENTS TO GIVE AWAY MATERIALS & SET-UP TABLES & CHAIRS. FOR EXAMPLE, GIVING AWAY SEVERAL THOUSAND BOOK BAGS BEFORE SCHOOL STARTS. ALSO, IT CO-SPONSORS MADD & OTHER EVENTS WHERE IT SETS UP INFO TENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise L Burnetti President | 1 | $0 | |
Douglas K Burnetti Vp, Secretary, Treasurer | 1 | $0 | |
Ashley Burnetti Barker Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,425 |
| Interest on Savings | $0 |
| 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 | $25,425 |
| 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 | $13,777 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,402 |
| Contributions, gifts, grants paid | $22,800 |
| Total expenses and disbursements | $39,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,797 |
| 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 | $51,662 |
| Other assets | $0 |
| Total assets | $53,459 |
| 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, Burnetti Childrens Foundation Inc has awarded $22,800 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ABWE INTERNATIONAL PURPOSE: TO SUPPORT OPERATIONS OF CHILDREN/TEEN MINISTRY | $2,400 |
HERITAGE BAPTIST CHURCH PURPOSE: TO SUPPORT OPERATIONS FOR YOUTH MINISTRY | $18,000 |
WORD OF LIFE FELLOWSHIP PURPOSE: SUMMER MISSIONS MINISTRY | $2,400 |