Beloved Educational Foundation is located in West Columbia, SC. The organization was established in 2019. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beloved Educational 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 12/2022, Beloved Educational Foundation generated $41.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $12.3k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL SEMINARS & EXHIBIT ARTWORK
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Burkett Director | 15 | $0 | |
Ronny Burkett Treasurer | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,434 |
| 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 | $41,434 |
| 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 | $9,713 |
| Occupancy, rent, utilities, and maintenance | $1,701 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $860 |
| Total expenses | $12,274 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,461 |
| Other assets | $0 |
| Total assets | $157,639 |
| Total liabilities | $0 |
| Net assets or fund balances | $157,639 |