Bee Foundation EIN 47-1133312 Form 990 (PDF) Claim this org

Bee Foundation FY2021 filing

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Funds research and raises awareness about brain aneurysms to save lives. For fiscal year 2021 it reported $573K in revenue, $148K in expenses, and $614K in net assets.Pt I

Type
Public charity (501(c)(3)) · Medical Research
Location
Wayne, PA
Filings
5 on file (2020–2021)
Revenue
$573KFY2021
Expenses
$148K
Net assets
$614K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-1133312 Public charity (501(c)(3)) Wayne, PA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Funds research and raises awareness about brain aneurysms to save lives.
Leadership
Christine Doherty · President
Money in and out
$573K revenue, $148K expenses
Bottom line
64% program efficiency
Where the money goes · FY2021
Total revenue
$573K
Pt VIII · Ln 12
Total expenses
$148K
Pt IX · Ln 25
Net assets
$614K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $426K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.29 Fundraising $0.06
Program efficiency
64%
of spending reaches programs
Operating runway
49.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+74%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$573K
FY2021▲ +251%
Expenses
$148K
FY2021▲ +25%
Total assets
$615K
FY2021▲ +227%
Total liabilities
$1K
FY2021▲ +434%
Total revenue
$573K
Pt VIII · Ln 12
Total expenses
$148K
Pt IX · Ln 25
Net assets
$614K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$426K
Total assetsPt X · Ln 16$615K
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

2 program services account for $95K of program spending, described in the organization's own filed words · FY2021.
01

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 predisposition AND/OR treatment of brain aneurysms.

$90Kprogram expense
02

To raise funds and awareness for 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.

$5Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBee Foundation
EINHdr · item D47-1133312
Principal addressHdr · item CWayne, PA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMedical Research (H12)
Ruling yearIRS BMFAug 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Erin Kreszl’s $48K as Executive Dir. is at the 34th percentile of top reported officer pay among 322 $100K–1M medical research nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022
Erin Kreszl$48,333$25,000$25,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Other revenue$424K · 74%
Contributions & grants$146K · 26%
Program service revenue$3K · 1%
Other revenue74%$424K
Contributions & grants26%$146K
Program service revenue1%$3K
Total revenueLn 12$573K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.29 Fundraising $0.06
Program services64%$95K
Management & general29%$43K
Fundraising6%$10K
Total functional expensesLn 25$148K

Balance Sheet

Part X · end of year
CashLn 1$613K
Total assetsLn 16$615K
Total liabilitiesLn 26$1K
Total net assetsLn 32$614K
Months of cash on handcomputed49.9

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $613K · Operating expenses/yr $148K
49.9 months
Where the money goes
Program services
Program services $95K · Total expenses $148K
64%
Management & General
Management & general $43K · Total expenses $148K
29%
Fundraising
Fundraising $10K · Total expenses $148K
6%
Cost to raise $1
Fundraising expense (2-yr avg) $10K · Solicited contributions (2-yr avg) $87K
$0.12 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $146K · Total revenue $573K
26%
Government reliance
Government grants — · Total revenue $573K
Earned-income share
Program service revenue $3K · Total revenue $573K
0.6%
Investment reliance
Investment income $0 · Total revenue $573K
0%
Program self-sufficiency
Program service revenue $3K · Total expenses $148K
2%
Growth & trend
Revenue growth (YoY)
This year $573K · Prior year $163K
+251%
Net-asset trend (YoY)
End of year $614K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $573K · Expenses $148K
+74%
Liabilities-to-Assets
Total liabilities — · Total assets $615K
Net-asset ratio
Net assets $614K · Total assets $615K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $615K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Christine Doherty · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $148K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $41K · Total expenses $148K
28%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 29%
Fundraising cost ratio 7%
Revenue growth 251%
Legal fee ratio 0.5%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 20 grants · $474K · 2020–2024
Yale UniversityCT · FY2024$25,000
University of AlabamaFY2024$25,000
Yale UniversityCT · FY2024$25,000
University of AlabamaFY2024$25,000
Penn State College of MedicineFY2023$25,000
Montefiore Medical CenterNY · FY2023$25,000
Penn State College of MedicinFY2023$25,000
Montefiore Medical CenterNY · FY2023$25,000
University of MiamiFL · FY2022$25,000
See all 20 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$420K revenue · ⤓ 990 PDF
FY2023$594K revenue · ⤓ 990 PDF
FY2022$343K revenue · ⤓ 990 PDF
FY2021$573K revenue · viewing · ⤓ 990 PDF
FY2020$163K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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