Alpha Beta Foundation
- Assets
- $194.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 06/2017
- Data as of
- 12/2023
- EIN
- 81-4703761
Organization Overview
Alpha Beta Foundation is located in Richmond, VA. The organization was established in 2017. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alpha Beta 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, Alpha Beta Foundation generated $62.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $18.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED FUNDS TO FAMILIES FOR COVID RELIEF
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Griffin Treasurer | 5 | $0 | |
Immanuel R Sutherland Sr President | 5 | $0 | |
Greg Hillman Secretary | 3 | $0 | |
James Spencer Director | 1 | $0 | |
Ralph Anderson Director | 1 | $0 | |
Ellwood Boone Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,300 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $24,397 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $31,611 |
| Other Revenue | $0 |
| Total Revenue | $62,308 |
| 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 | $1,950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,350 |
| Total expenses | $18,300 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $194,289 |
| Other assets | $0 |
| Total assets | $194,289 |
| Total liabilities | $0 |
| Net assets or fund balances | $194,289 |