BEEGINS WITH YOU FOUNDATION

EIN: 873990675 501(c)(3) Human Services

MARTINSVILLE, VA

Total Revenue
$17,867
Total Expenses
$109,474
Total Assets
$178,462
Net Assets
$150,688
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
VA
Phone
8334233446
Tax Period
2023-01-01 to 2023-12-31

BEEGINS WITH YOU FOUNDATION, founded in 2022, is a micro nonprofit in the Human Services sector that reported $18K in total revenue in fiscal year 2023. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $109K exceeded revenue, resulting in a 513% operating deficit.

Mission

TO BE A VEHICLE OF TRUE HELP AND CHANGE IN OUR COMMUNITY. IT IS OUR MISSION TO REACH THE NEEDS OF THE UNDERPRIVILEGED IN OUR COMMUNITY BY OFFERING ASSITANCE TO OUR AT-RISK YOUTH THROUGH A NETWORK OF VOLUNTEERS.

Program Service Accomplishments

Program 1
Expenses: $66,625

The Supporter Bee Program was designed as the foundation collaborated with local counselors to support students mental health. The program funds mental health services for students whose families are...

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The Supporter Bee Program was designed as the foundation collaborated with local counselors to support students mental health. The program funds mental health services for students whose families are unable to afford outpatient therapy. The intent is not only to pay for student treatment, but also to provide a supporter bee who will be with the student on all steps of their journey. This foundation volunteer will meet with the student and counselor to ascertain progress at designated points, keep in contact with the student and their parents, and send encouragement to the student during the treatment process. After the program design was completed, Beegins With You met with local counselors, school personnel, and other foundations to bring about awareness. The program is currently supporting students in Henry County Public Schools.

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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 (2023)

Revenue Breakdown

Contributions & Grants $9,802
Program Service Revenue $0
Investment Income $7,658
Other Revenue $407
TOTAL REVENUE $17,867

Expense Breakdown

Grants Paid $60,582
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $66,625
Other Expenses $48,892
TOTAL EXPENSES $109,474

Year-over-Year Comparison

2023 2022 Change
Revenue $17,867 $231,025 -0.9%
Expenses $109,474 $5,087 +20.5%
Net Income $-91,607 $225,938 -1.4%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
15

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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY SHUMATE President 4.00
Officer Director
$0 $0 $0
JULIA SHUMATE Executive Dir. 8.00
Officer Director
$0 $0 $0
AMANDA RUSSELL Treasurer 1.00
Officer Director
$0 $0 $0
HAILEY ROBERSON Director 8.00
Director
$0 $0 $0
TYLER FREELAND 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
2023 $17,867 $109,474 $178,462 $-91,607
2022 $231,025 $5,087 $249,288 $225,938
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