philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Bellevue Foundation INC FY2022 filing

Tax-deductible

Cordova, TN501(c)(3)Religion EIN 62-1818929Revenue $1.6M in FY2022

On file with the IRSbellevuefoundation.org2000 Appling Rd, 38016-4910 · Cordova, TNTax-exempt since Jul 2001Supporting organization — 509(a)(3)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To glorify god by spreading the gospel of the lord jesus christ at home and around the world.

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $652K a year · 26% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
15 mo
of spending, in cash
Plus $2.2M in investments, Pt X · Ln 11–13
Looks good: 14.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $556K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$10K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
-16% vs prior year
Spent
$1.4M
To programs
98%
Net assets
$3.9M
By yearFY2020–FY2024
Revenue
$1.6M
FY2022▼ -16%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.5M
FY2021$1.9M
FY2022$1.6M
FY2023$5.7M
FY2024$1.7M
Expenses
$1.4M
FY2022▼ -18%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.1M
FY2021$1.7M
FY2022$1.4M
FY2023$1.3M
FY2024$3.7M
Net assets
$3.9M
FY2022▼ -8%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.0M
FY2021$4.2M
FY2022$3.9M
FY2023$8.6M
FY2024$6.9M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $1.3M Management & general 2% · $23K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
David Coombs
Treasurer
$0Pt VII · Sec A
David Peel
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Tom McCormack
Vice Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Mike Wages
Assistant Treasurer
$0Pt VII · Sec A
Chip Freeman
Executive Director
$0Pt VII · Sec A
See Bellevue Foundation INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Spreads the Gospel of Jesus Christ globally to glorify God.

Questions for Bellevue Foundation INC

Tap to ask. Bellevue Foundation INC sees how many people are interested.

Your first name shows with your question. Bellevue Foundation INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $1.3M · in their own filed words · FY2022
01

In furtherance of the foundation's primary mission, current year grants were given to christian youth ministries, christian home for children, christian mission projects, baptist colleges, churches and seminaries.

$1.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Christian Community Foundation of Memphis and the Mid-South INCFY2024$536K
Baptist Memorial Health Care CorporationFY2024$20K
Total grants receivedfrom 2 funders$556K
Grants paid · 79 grants · $3.7M · 2020–2024
Desoto Christian Academic INCMS · FY2024$650,000
Open the BibleIL · FY2024$500,000
People for Care & LearningAL · FY2024$125,000
St Patrick Presbyterian ChurchTN · FY2024$120,000
Emerge Missions INCGA · FY2024$100,000
St Paul's Catholic SchoolFY2024$100,000
In His Image Ministry INCGA · FY2024$100,000
Youth Villages INCTN · FY2024$100,000
LeaderlabsTN · FY2024$100,000
Standing Strong Ministries INCTN · FY2024$85,000
Westminster AcademyTN · FY2024$60,000
Groundworks Ministries INCTN · FY2024$56,200
Cityserve InternationalMO · FY2024$50,000
Citiimpact MinistriesFY2024$50,000
Passion City Church INCGA · FY2024$44,000
Connect Church DesotoMS · FY2024$35,000
Tennessee Baptist FoundationTN · FY2024$20,000
Samaritan's PurseGA · FY2024$20,000
See all 79 grants →

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.6M
Ln 12
Gifts and grantsLn 1h$1.4M
Investment incomeLn 3$166K
Fees for servicesLn 2g$3K
Money outPt IX
$1.4M
Ln 25
Programscol B$1.3M
Managementcol C$23K
Owns and owesPt X
$3.9M
net assets · Ln 32
Cash and savingsLn 1–2$1.7M
Total assetsLn 16$3.9M
LiabilitiesLn 26$10K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.4M
Noncash giftsLn 1g$177K
Fees for servicesLn 2g$3K
Investment incomeLn 3$166K
Gains on assetsLn 7−$2K
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$36K
SavingsLn 2$1.6M
Cash and savings togetherLn 1–2$1.7M
InvestmentsLn 11–13$2.2M
Other assetsLn 15$0
Total assetsLn 16$3.9M
LiabilitiesLn 26$10K
Net assetsLn 32$3.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.4M$1.7M
InvestmentsLn 11–13$2.8M$2.2M
Total assetsLn 16$4.4M$3.9M
LiabilitiesLn 26$208K$10K
Net assetsLn 32$4.2M$3.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.3M$1.3M
Grants to domestic individualsLn 2$9K$9K
Accounting feesLn 11c$11K$11K
Investment management feesLn 11f$299$299
Office expensesLn 13$3K$3K
Information technologyLn 14$7K$7K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$1.4M$1.3M$23K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.7M$3.7M−$2.0M$6.9M 990 PDF
FY2023 $5.7M$1.3M$4.4M$8.6M 990 PDF
FY2022 Viewing $1.6M$1.4M$205K$3.9M 990 PDF
FY2021 $1.9M$1.7M$208K$4.2M 990 PDF
FY2020 $1.5M$1.1M$416K$4.0M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $1,570,692 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,658,741$1,401,195
I-9 Program service revenuePrior year $4,751$3,464
I-10 Investment incomePrior year $209,919$166,033
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,873,411$1,570,692
I-13 Grants and similar amounts paidPrior year $1,643,012$1,342,863
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $22,524$22,636
I-18 Total expensesPrior year $1,665,536$1,365,499
I-19 Revenue less expensesPrior year $207,875$205,193
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,570,692 across 8 lines filed
VIII-1d Related organizations$21,090
VIII-1f All other contributions, gifts and grants$1,380,105
VIII-1g Noncash contributions (included above)$177,197
VIII-1h Total contributions, gifts and grants$1,401,195
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,464$3,464
VIII-3 Investment incomeRelated to mission $167,967$167,967
VIII-7 Net gain or loss on sales of assetsRelated to mission −$1,934−$1,934
VIII-12 Total revenueRelated to mission $169,497 · Unrelated business $0 · Excluded from tax $0$1,570,692
Part IX · Statement of functional expenses $1,365,499 across 7 lines filed
IX-1 Grants to domestic organizationsPrograms $1,333,736$1,333,736
IX-2 Grants to domestic individualsPrograms $9,127$9,127
IX-11c Accounting feesManagement $10,658$10,658
IX-11f Investment management feesManagement $299$299
IX-13 Office expensesManagement $3,026$3,026
IX-14 Information technologyManagement $7,275$7,275
IX-24e All other expensesManagement $1,378$1,378
IX-25 Total functional expensesPrograms $1,342,863 · Management $22,636 · Fundraising $0$1,365,499
Part X · Balance sheet $3,878,212 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $36,954$35,913
X-2 Savings and temporary cash investmentsStart of year $1,398,859$1,635,867
X-11 Publicly traded securitiesStart of year $2,783,051$2,144,278
X-12 Other securitiesStart of year $18,780$62,154
X-15 Other assetsStart of year $196,989$0
X-16 Total assetsStart of year $4,434,633$3,878,212
X-25 Other liabilitiesStart of year $207,915$10,333
X-26 Total liabilitiesStart of year $207,915$10,333
X-27 Net assets without donor restrictionsStart of year $4,226,718$3,867,879
X-32 Total net assets or fund balancesStart of year $4,226,718$3,867,879
X-33 Total liabilities and net assetsStart of year $4,434,633$3,878,212
Part XI · Reconciliation of net assets $3,867,879 net assets at year end
XI-1 Total revenue$1,570,692
XI-2 Total expenses$1,365,499
XI-3 Revenue less expenses$205,193
XI-4 Net assets at start of year$4,226,718
XI-5 Net unrealized gains (losses) on investments−$564,032
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,867,879

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.