Showers Of Blessings Foundation
- Assets
- $4.0m
- Revenue
- $166.3k
- Investments
- $3.7m
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 08/2012
- Data as of
- 12/2023
- EIN
- 61-1583666
Organization Overview
Showers Of Blessings Foundation is located in Baton Rouge, LA. The organization was established in 2012. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Showers Of Blessings 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 12/2023, Showers Of Blessings Foundation generated $166.3k 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 (3.8%) each year. All expenses for the organization totaled $206.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Showers Of Blessings Foundation has awarded 109 individual grants totaling $2,463,919. 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
5 CHURCHES, MINISTRIES, AND NON PROFITS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley Eugene Cheatham Chairman/president | 2 | $0 | |
Barbara Marlene M Cheatham Secretary | 0.5 | $0 | |
Steven Eugene Cheatham Treasurer | 0.5 | $0 | |
Scott Eric Cheatham Board Member | 0.25 | $0 | |
Stanley Earl Cheatham Board Member | 0.25 | $0 | |
Skye Edwards Cheatham Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $194 |
| Dividends & Interest | $189,896 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$23,821 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $166,269 |
| 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 | $2,324 |
| Total operating and administrative expenses | $4,749 |
| Contributions, gifts, grants paid | $202,000 |
| Total expenses and disbursements | $206,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,922 |
| Savings and temporary cash investments | $263,232 |
| 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 | $3,982,986 |
| 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, Showers Of Blessings Foundation has awarded $202,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
LANIER BAPTIST CHURCH PURPOSE: INNER CITY YOUTH MINISTRY, FOOD BANK & CLOTHES CLOSET PROGRAMS | $30,000 |
OUR LADY OF THE LAKE FOUNDATION PURPOSE: FAITH BASED CHILDRENS HOSPITAL AND CHILDREN MIRACLE NETWORK | $40,000 |
FIRST CHRISTIAN CHURCH PURPOSE: A MINISTRY AT ANINTER-CITY CHURCH INMOBILE FOR THE HOMELESS | $40,000 |
THE JOSHUA PLAN PURPOSE: AID MINISTRIES IN PLANTINGCHURCHES AND TRAININGPASTORS | $60,000 |
NEW ORLEANS BAPTIST THEOLOGICAL SEMINARY PURPOSE: STUDENT SCHOLARSHIPS FOR LOW INCOME | $32,000 |