Sugar Bear Foundation

Organization Overview

Sugar Bear Foundation is located in Mooresville, NC. The organization was established in 2016. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, 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. Sugar Bear 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 12/2021, Sugar Bear Foundation generated $103.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 70.3% each year . All expenses for the organization totaled $75.6k during the year ending 12/2021. While expenses have increased by 25.5% per year over the past 2 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.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

THE SUGAR BEAR FOUNDATION SUPPORTS MILITARY SURVIVING SPOUSES AND CHILDREN THROUGH PROGRAMS THAT PROVIDE CAREER, EDUCATIONAL AND FINANCIAL INITIATIVES TO MEET THEIR IMMEDIATE AND ONGOING NEEDS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$103,617
Total Program Service Revenue$0
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$103,617

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Sugar Bear Foundation has recieved totaling $10,156.

Awarding OrganizationAmount
Veterans United Foundation

Columbia, MO

PURPOSE: FINANCIAL ASSISTANCE PROGRAM AND GOLD STAR SPOUSE

$10,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$91
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$65
View Grant Recipient Profile

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