BEEHIVEFUND CORPORATION

EIN: 383602558 501(c)(3) Philanthropy & Grantmaking

SPRING, TX

Total Revenue
$621,924
Total Expenses
$731,430
Total Assets
$144,592
Net Assets
$78,068
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
MI
Principal Officer
MICHAEL SANDERS
Phone
2814367327
Tax Period
2024-01-01 to 2024-12-31

BEEHIVEFUND CORPORATION, founded in 2001, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $622K in total revenue in fiscal year 2024. Expenses of $731K exceeded revenue, resulting in a 18% operating deficit.

Mission

BEEHIVEFUND (BHF) IS DEDICATED TO HELPING SMALL BUSINESSES ACHIEVE RAPID CULTURAL, OPERATIONAL, AND FINANCIAL GROWTH. BY TRAINING, COACHING, AND MENTORING EMPLOYEES, WE ENHANCE WORKFORCE MORALE AND PRODUCTIVITY. OUR INNOVATIVE "PRODUCT-CENTRIC FLOW-THROUGH SYSTEM" UPSKILLS TEAMS TO DRIVE SUSTAINABLE, PROFITABLE GROWTH. THROUGH THIS APPROACH, BHF EMPOWERS BUSINESSES TO RETAIN TALENT, BOOST PERFORMANCE, AND EXPAND THEIR WORKFORCE.

Program Service Accomplishments

Program 1
Expenses: $731,430 Revenue: $621,913

BEEHIVEFUND (BHF) IS COMMITTED TO HELPING SMALL BUSINESSES AND START-UPS LAUNCH, GROW, AND ACHIEVE LASTING SUCCESS THROUGH EXPERT BUSINESS MENTORING. SINCE ITS INCEPTION, BHF HAS PROVIDED EDUCATION...

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BEEHIVEFUND (BHF) IS COMMITTED TO HELPING SMALL BUSINESSES AND START-UPS LAUNCH, GROW, AND ACHIEVE LASTING SUCCESS THROUGH EXPERT BUSINESS MENTORING. SINCE ITS INCEPTION, BHF HAS PROVIDED EDUCATION, TRAINING, AND MENTORSHIP TO COUNTLESS ENTREPRENEURS. OUR MENTORS OFFER CONFIDENTIAL GUIDANCE BOTH IN PERSON AND REMOTELY-VIA EMAIL, PHONE, AND VIRTUAL MEETINGS-AND WORK WITH CLIENTS ON AN ONGOING BASIS TO ENSURE CONTINUED PROGRESS AND SUPPORT. BHF HAS DEVELOPED A PROPRIETARY APPROACH TO ORGANIZATIONAL IMPROVEMENT KNOWN AS THE PRODUCT-CENTRIC FLOW-THROUGH SYSTEM, COMPLEMENTED BY OUR INNOVATIVE QUANTUM LEAN METHOD. BHF UTILIZES THIS UNIQUE FRAMEWORK TO HELP BUSINESSES IMPLEMENT TURNAROUND STRATEGIES, GROWTH PLANNING, AND PROCESS IMPROVEMENTS-OFTEN AT MINIMAL OR NO COST. OUR SIMULATION-BASED WORKSHOPS REPLICATE REAL-WORLD BUSINESS SCENARIOS, EQUIPPING PARTICIPANTS WITH PRACTICAL EXPERIENCE IN ADVANCED INTERNET AND COMMUNICATION TECHNOLOGIES. THESE TRAINING OPPORTUNITIES ARE ESPECIALLY VALUABLE FOR SMALL BUSINESSES THAT MAY NOT HAVE ACCESS TO TRADITIONAL CONSULTING SERVICES. THROUGH THESE EFFORTS, BHF EMPOWERS ENTREPRENEURS, MICRO BUSINESSES, AND SMES TO SCALE QUICKLY, CREATE QUALITY JOBS, AND STRENGTHEN THEIR LOCAL COMMUNITIES. TO MAXIMIZE IMPACT, BHF ACTIVELY COLLABORATES WITH NONPROFIT ORGANIZATIONS, COMMUNITY COLLEGES, AND SMALL BUSINESS DEVELOPMENT CENTERS (SBDCS). SOME EXAMPLES BELOW: 1.PARTNERED WITH KIVA, A 501(C)3 U.S. NONPROFIT THAT ENABLES CROWDFUNDED MICROLOANS FOR ENTREPRENEURS AND SMALL BUSINESSES. 2.PROMOTED BAYOU MICRO FUND, A NON-PROFIT 501 (C) (3) CORPORATION THAT PROVIDES INTEREST-FREE MICRO LOANS TO UNDER-SERVED, UN-BANKABLE ENTREPRENEURS. 3.SUPPORTED PROJECTS MATTER, A COMMUNITY IMPACT SUPPORT ORGANIZATION WITH TECHNICAL ASSISTANCE WITH THEIR CLIENTS. 4.COLLABORATED WITH TEXAS HISPANIC CONSTRUCTION ASSOCIATION (TEXHCA) TO SUPPORT LATINO CONSTRUCTION ENTREPRENEURS WITH BUSINESS COACHING. 5.PARTNERED WITH AND ASSISTED BAKER RIPLEY, TO PROVIDE COACHING, TRAINING, AND CONSULTING SERVICES TO ENTREPRENEURS, MICRO-, AND SMALL BUSINESSES. 6.PARTNERED WITH AND ASSISTED HTX CONNECT COMMUNITY, IN PROVIDING COACHING, TRAINING, AND CONSULTING SERVICES TO MULTIPLE ENTREPRENEURS, MICRO-, AND SMALL BUSINESSES. 7.PARTNERED WITH UNITED WAY OF HOUSTON AND WORKFORCE SOLUTIONS TO PROVIDE BUSINESS COACHING SERVICES TO HOME-BASED CHILDCARE PROVIDERS. 8.BHF HELPS SMALL BUSINESSES APPLY FOR THE TEXAS STATE WORKFORCE GRANT, SKILLS DEVELOPMENT FUNDS (SDF) AND PROVIDES THEM SUPPORT WITH ADMINISTRATIVE AND QUALIFICATION PROCESS TO OBTAIN THIS GRANT. AMONG THESE ACTIVITIES, BHF ASSISTS SMALL BUSINESSES TO IDENTIFY THEIR TRAINING NEEDS, DESIGNS COURSE CURRICULUM AND CONTENT, AND HELPS SCHEDULE EMPLOYEES OF DIFFERENT RANKS TO ATTEND THESE TRAINING COURSES. ADDITIONALLY, BHF PARTNERS WITH COMMUNITY COLLEGES SUCH AS LONE STAR COLLEGE, HOUSTON COMMUNITY COLLEGE, AND WHARTON COUNTY JUNIOR COLLEGE FOR MANAGING THE GRANT FUNDS DURING THE TRAINING PROCESS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $621,913
Investment Income $11
Other Revenue $0
TOTAL REVENUE $621,924

Expense Breakdown

Grants Paid $0
Salaries & Benefits $627,034
Fundraising Expenses $0
Program Expenses $731,430
Other Expenses $104,396
TOTAL EXPENSES $731,430

Year-over-Year Comparison

2024 2023 Change
Revenue $621,924 $625,607 0.0%
Expenses $731,430 $780,941 -0.1%
Net Income $-109,506 $-155,334 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
4
Volunteers
N/A

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
4
$295,411
Total Directors
6
$295,411
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SANJU PATRO PRESIDENT 48.00
Officer Director
$179,911 $0 $179,911
AL SAMMANN TREASURER 2.50
Officer Director
$0 $0 $0
STEVE ANDERSON SECRETARY 3.00
Officer Director
$0 $0 $0
MICHAEL SANDERS DIRECTOR 45.00
Officer Director
$115,500 $0 $115,500
MEHRAN TAHMASSEBI DIRECTOR 2.00
Director
$0 $0 $0
CHERYL MCCAUSLAND DIRECTOR 3.00
Director
$0 $0 $0
VICTOR PERAZZOLI EMPLOYEE 40.00
Highest
$116,641 $0 $116,641
FRANCELLY MORA EMPLOYEE 40.00
Highest
$115,000 $0 $115,000
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 No data No data No data No data
2024 $621,924 $731,430 $144,592 $-109,506
2023 $625,607 $780,941 $198,626 $-155,334
2022 $901,822 $875,946 $357,418 $25,876
2021 $853,845 $931,057 $513,912 $-77,212
2020 $823,045 $927,410 $433,922 $-104,365
2019 $688,916 $937,565 $267,354 $-248,649
2018 $926,971 $795,287 $513,563 $131,684
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