THE BEE FOUNDATION

EIN: 471133312 501(c)(3) Medical Research

WAYNE, PA

Total Revenue
$496,730
Total Expenses
$611,431
Total Assets
$798,121
Net Assets
$766,934
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
PA
Principal Officer
ERIN KRESZL
Phone
8448232873
Tax Period
2024-01-01 to 2024-12-31

THE BEE FOUNDATION, founded in 2014, is a small nonprofit in the Medical Research sector that reported $497K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $611K exceeded revenue, resulting in a 23% operating deficit.

Mission

THE BEE FOUNDATION IS DEDICATED TO RAISING AWARENESS OF BRAIN ANEURYSMS AND FUNDING FOR INNOVATIVE RESEARCH THAT SAVES LIVES.

Program Service Accomplishments

Program 1
Expenses: $231,527

TO RAISE PUBLIC AWARENESS AND SUPPORT THOSE AFFECTED BY BRAIN ANEURYSMS. EDUCATING THE BROAD PUBLIC ON THE RISKS, SYMPTOMS, AND TREATMENT OF BRAIN ANEURYSMS. INSPIRING THOUSANDS OF INDIVIDUALS...

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TO RAISE PUBLIC AWARENESS AND SUPPORT THOSE AFFECTED BY BRAIN ANEURYSMS. EDUCATING THE BROAD PUBLIC ON THE RISKS, SYMPTOMS, AND TREATMENT OF BRAIN ANEURYSMS. INSPIRING THOUSANDS OF INDIVIDUALS ANNUALLY TO DONATE AND FUNDRAISE TO INCREASE AWARENESS AND FUNDS FOR BRAIN ANEURYSM PREVENTATIVE RESEARCH. OUTREACH IS CONDUCTED THROUGHDIGITAL PLATFORMS SUCH AS VIDEO, SOCIAL MEDIA, THE WEBSITE AND EMAIL CAMPAIGNS, AS WELL AS AWARENESS AND FUNDRAISING EVENTS. A NETWORK OF SURVIVORS AND FAMILIES IMPACTED IS NURTURED THROUGH THE "SHARE YOUR STORY" CAMPAIGN TO FOSTER SUPPORT AND STRENGTH AMONG THE MILLIONS IMPACTED EACH YEAR.

Program 2
Expenses: $215,974

TO FUND INNOVATIVE PREVENTATIVE BRAIN ANEURYSM RESEARCH SEEKING TO FURTHER THE MISSION AND REDUCE THE NUMBER OF DEATHS CAUSED BY BRAIN ANEURYSMS. THROUGH A COMPETITIVE GRANT PROCESS THE ORGANIZATION...

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TO FUND INNOVATIVE PREVENTATIVE BRAIN ANEURYSM RESEARCH SEEKING TO FURTHER THE MISSION AND REDUCE THE NUMBER OF DEATHS CAUSED BY BRAIN ANEURYSMS. THROUGH A COMPETITIVE GRANT PROCESS THE ORGANIZATION FUNDS RESEARCH DIRECTED AT UNDERSTANDING THE EARLY DETECTION, PATHOPHYSIOLOGY, GENETIC PREDISPOSTION AND/OR TREATMENT OF BRAIN ANEURYSMS. CUTTING EDGE RESEARCH FOCUSED ON PREVENTION TAKES PRIOPRITY. PROPOSALS ARE ACCEPTED FROM A VARIETY OF DISCIPLINES, INCLUDING BUT NOT LIMITED TO TRANSLATIONAL NEUROSCIENCES, NEUROSURGERY, NEUROLOGY, RADIOLOGY, AND GENETICS. THE ORGANIZATION SEEKS TO ENGAGE RESEARCHERS EARLY IN THEIR CAREERS TO ATTRACT TOP TALENT IN THE BRAIN ANEURYSM RESEARCH FIELD AND ACCELERATE THE PACE OF PREVENTITIVE RESEARCH.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $586,110
Program Service Revenue $0
Investment Income $12,312
Other Revenue $-101,692
TOTAL REVENUE $496,730

Expense Breakdown

Grants Paid $100,000
Salaries & Benefits $133,587
Fundraising Expenses $97,678
Program Expenses $447,501
Other Expenses $377,844
TOTAL EXPENSES $611,431

Year-over-Year Comparison

2024 2023 Change
Revenue $496,730 $579,012 -0.1%
Expenses $611,431 $436,704 +0.4%
Net Income $-114,701 $142,308 -1.8%
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
11
Independent Members
10
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
3
$48,333
Total Directors
11
$48,333
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIN KRESZL Executive Dir. 20.00
Officer Director
$48,333 $0 $48,333
CHRISTINE KONDRA President 10.00
Officer Director
$0 $0 $0
STEVE MCILWAIN Vice President 1.00
Officer Director
$0 $0 $0
DR J MOCCO Director 1.00
Director
$0 $0 $0
MICHAEL KANE Director 1.00
Director
$0 $0 $0
ALISON SEDNEY Director 3.00
Director
$0 $0 $0
BRIAN MAHONEY Director 1.00
Director
$0 $0 $0
MARK STEVENS Director 1.00
Director
$0 $0 $0
TODD HELTON Director 1.00
Director
$0 $0 $0
MORGAN STOVIAK Director 1.00
Director
$0 $0 $0
GLENN BECKER Director 1.00
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
2024 $496,730 $611,431 $798,121 $-114,701
2024 No data No data No data No data
2023 $593,668 $435,849 $947,168 $157,819
2023 $579,012 $436,704 $885,393 $142,308
2022 $342,646 $216,857 $740,540 $125,789
2021 $573,227 $147,554 $614,751 $425,673
2020 $163,194 $118,106 $188,092 $45,088
2019 $158,274 $226,466 $153,934 $-68,192
2018 $140,985 $124,454 $211,566 $16,531
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