BELOVED FOUNDATION

EIN: 270718342 501(c)(3) Human Services

REDLANDS, CA

Total Revenue
$1,019,080
Total Expenses
$545,684
Total Assets
$1,468,842
Net Assets
$1,465,578
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CA
Principal Officer
JOE RICHARDSON
Phone
9097923191
Tax Period
2025-01-01 to 2025-12-31

BELOVED FOUNDATION, founded in 2009, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2025. Revenue surged 104% from the prior year, signaling strong growth momentum. The organization ran a surplus of $473K, a strong 46% operating margin.

Mission

WE PROVIDE ASSISTANCE TO FAMILIES CARING FOR CANCER PATIENTS

Program Service Accomplishments

Program 1
Expenses: $363,738

THE ORGANIZATION PROVIDED UP TO 3 MONTHS OF FINANCIAL ASSISTANCE TO INDIVIDUALS CARING FOR A FAMILY MEMBER WITH TERMINAL CANCER AND IN HOSPICE CARE. FUNDS ARE NORMALLY PAID DIRECTLY TO THE SERVICE...

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THE ORGANIZATION PROVIDED UP TO 3 MONTHS OF FINANCIAL ASSISTANCE TO INDIVIDUALS CARING FOR A FAMILY MEMBER WITH TERMINAL CANCER AND IN HOSPICE CARE. FUNDS ARE NORMALLY PAID DIRECTLY TO THE SERVICE PROVIDERS -- UTILITIES AND MORTGAGE COMPANIES, MEDICAL AND BURIAL SERVICES, ETC. IN 2022, OVER 120 PEOPLE BENEFITED BY RECEIVING GRANTS IN OUR LOCAL COMMUNITY AND OVER 110 CANCER CARE KITS WERE SENT ALL ACROSS THE CONTINENTAL US. DUE TO COVID 19 AND THE PANDEMIC, THE ORGANIZATION STILL HAD TO PAUSE SOME OF OUR PROGRAMS AND EVENTS, INCLUDING OUR CLIMB PROGRAM, WHICH WAS TO BE AN IN-PERSON COUNSELING GROUP FOR CHILDREN AFFECTED BY CANCER, BUT THE ORGANIZATION WAS ABLE TO MAIL OUT AT-HOME ACTIVITIES FOR THE PARENTS TO DO THEIR CHILDREN WHILE STUCK AT HOME TO HELP NORMALIZE THE CANCER DIAGNOSIS FOR THEM. GRANT RECIPIENTS WERE UNRELATED TO OUR BOARD MEMBERS, OFFICERS, DONORS OR THEIR FAMILIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $890,622
Program Service Revenue $0
Investment Income $64
Other Revenue $128,394
TOTAL REVENUE $1,019,080

Expense Breakdown

Grants Paid $222,014
Salaries & Benefits $195,138
Fundraising Expenses $53,244
Program Expenses $363,738
Other Expenses $128,532
TOTAL EXPENSES $545,684

Year-over-Year Comparison

2025 2024 Change
Revenue $1,019,080 $500,078 +1.0%
Expenses $545,684 $437,496 +0.2%
Net Income $473,396 $62,582 +6.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
7
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
7
$64,133
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERI BOGH Executive Dir. 40.00
Director
$64,133 $0 $64,133
JOE RICHARDSON President 5.00
Officer Director
$0 $0 $0
VICTORIA MARSHALL Vice President 0.50
Officer Director
$0 $0 $0
ROB CLIZBE Treasurer 0.25
Officer Director
$0 $0 $0
MAYDA COX Secretary 0.25
Director
$0 $0 $0
RYAN PEAKE Board Member 0.25
Director
$0 $0 $0
DANA NORDBECK Board Member 0.25
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,019,080 $545,684 $1,468,842 $473,396
2024 No data No data No data No data
2023 $432,242 $429,111 $263,631 $3,131
2022 $427,565 $353,449 $258,246 $74,116
2021 $350,563 $269,756 $173,467 $80,807
2020 $159,243 $165,814 $90,721 $-6,571
2019 $281,887 $245,022 $86,059 $36,865
2018 $234,059 $228,681 $46,169 $5,378
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