Busy Tree Foundation Inc
- Assets
- $7.9m
- Revenue
- $903.5k
- Investments
- $7.7m
- Employees
- 0
- Location
- Marietta, GA
- Founding
- Data as of
- 12/2022
- EIN
- 87-3232974
Organization Overview
Busy Tree Foundation Inc is located in Marietta, GA. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Busy Tree 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 12/2022, Busy Tree Foundation Inc generated $903.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (66.4%) each year. All expenses for the organization totaled $469.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Busy Tree Foundation Inc has awarded 20 individual grants totaling $974,400. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Vaughan President | 2 | $0 | |
Molly Vaughan Secretary/treasurer | 2 | $0 | |
Kelly Dixon Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $750,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $186,898 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$33,445 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $903,453 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,202 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30,633 |
| Total operating and administrative expenses | $34,835 |
| Contributions, gifts, grants paid | $434,700 |
| Total expenses and disbursements | $469,535 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $221,359 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $7,900,050 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $1,066 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,066 |
Grants Awarded
Over the last fiscal year, Busy Tree Foundation Inc has awarded $434,700 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTA MISSION PURPOSE: GENERAL FUND | $15,000 |
EAST COBB CHURCH CO NORTH POINT MINISTRIES PURPOSE: BUILDING FUND | $100,000 |
GRACEPOINT SCHOOL PURPOSE: GENERAL FUND | $10,000 |
LIGHTHOUSE FAMILY RETREAT PURPOSE: GENERAL FUND | $130,000 |
MARY'S MEALS PURPOSE: GENERAL FUND | $15,000 |
NORTH POINT MINISTRIES PURPOSE: YOUTH CAMP | $50,000 |