Ballyneal Foundation

Tax-deductible

Holyoke, CO501(c)(3)Since 2018EducationEIN 82-4596546

Granting of educational scholarships and awards to local nonprofit organizations.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $167K a year · 63% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $49K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$377K
+40% vs prior year
Spent
$128K
To programs
95%
Net assets
$1.2M
By yearFY2020–FY2025
Revenue
$377K
FY2025▲ +40%
Revenue by fiscal year
FY2020$95K
FY2021$230K
FY2022$190K
FY2023$258K
FY2024$269K
FY2025$377K
Expenses
$128K
FY2025▲ +20%
Expenses by fiscal year
FY2020Not on file
FY2021$57K
FY2022$98K
FY2023$99K
FY2024$106K
FY2025$128K
Net assets
$1.2M
FY2025▲ +33%
Net assets by fiscal year
FY2020$262K
FY2021$437K
FY2022$475K
FY2023$678K
FY2024$866K
FY2025$1.2M

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2019.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $121K Management & general 5% · $6K

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

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Secretary/Treas
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Ballyneal Foundation executive salaries →

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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

Provides scholarships and awards to local nonprofit organizations for educational purposes.

Provided by the organization

This section is blank until Ballyneal Foundation claims this page.

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1 program service account for $121K of program spending, described in the organization's own filed words · FY2025.
01

Collected funds to award scholarship applicants. Twenty-one applicants were awarded scholarships during the year. Additional grants were awarded to other nonprofit organizations.

$121Kprogram expense

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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
Total grants receivedfrom 4 funders$49K
See all 4 funders →
Grants paid · 10 grants · $421K · 2021–2025
Unitemized GrantFY2025$80,500
Evans Scholars FoundationIL · FY2025$30,000
Unitemized GrantFY2024$69,500
Evans Scholars FoundationIL · FY2024$25,000
Unitemized GrantFY2023$70,000
Evans Scholars FoundationIL · FY2023$20,000
Unitemized GrantFY2022$61,000
Evans Scholars FoundationIL · FY2022$20,000
Unitemized GrantFY2021$30,000
Evans Scholars FoundationIL · FY2021$15,000

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$377K
Ln 12
Gifts and grantsLn 1h$300K
Investment incomeLn 3$40K
Other incomeLn 4–11$37K
Money outPt IX
$128K
Ln 25
Programscol B$121K
Managementcol C$6K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$63K
Total assetsLn 16$1.2M
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$300K
Fundraising eventsLn 1c$38K
Investment incomeLn 3$40K
Other incomeLn 4–11$37K
Gains on assetsLn 7−$762
Total revenueLn 12$377K
Assets in detailPt X, end of year
CashLn 1$27K
SavingsLn 2$36K
Cash and savings togetherLn 1–2$63K
InvestmentsLn 11–13$1.1M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$1.2M
LiabilitiesLn 26$0
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 50
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 FY25End FY25
Cash and savingsLn 1–2$87K$63K
InvestmentsLn 11–13$779K$1.1M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$866K$1.2M
LiabilitiesLn 26$0$0
Net assetsLn 32$866K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$41K$41K
Grants to domestic individualsLn 2$80K$80K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$1K$1K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$3K$3K
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$100$100
Office expensesLn 13$94$94
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$870$870
Other expenses (24a–d)Ln 24$648$648
All other expensesLn 24e$0
Total functional expensesLn 25$128K$121K$6K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $377K$128K$249K$1.2M 990 PDF
FY2024 $269K$106K$163K$866K 990 PDF
FY2023 $258K$99K$159K$678K 990 PDF
FY2022 $190K$98K$91K$475K 990 PDF
FY2021 $230K$57K$172K$437K 990 PDF
FY2020 $95K$262K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $376,784 across 10 lines filed
VIII-1c Fundraising events$38,000
VIII-1f All other contributions, gifts and grants$262,123
VIII-1h Total contributions, gifts and grants$300,123
VIII-3 Investment incomeRelated to mission $40,843$40,843
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission −$762−$762
VIII-8 Net income from fundraising events$33,080
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,500$3,500
VIII-12 Total revenueRelated to mission $43,581$376,784
Part IX · Statement of functional expenses $127,642 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $40,724$40,724
IX-2 Grants to domestic individualsPrograms $80,500$80,500
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $1,325$1,325
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management feesManagement $3,381$3,381
IX-11g Other fees for services$0
IX-12 Advertising and promotionManagement $100$100
IX-13 Office expensesManagement $94$94
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $870$870
IX-24 Other expenses (24a–d)Management $648$648
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $121,224 · Management $6,418 · Fundraising $0$127,642
Part X · Balance sheet $1,154,546 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $55,632$27,031
X-2 Savings and temporary cash investmentsStart of year $31,838$36,413
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $778,686$1,091,102
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $866,156$1,154,546
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $866,156$1,154,546
X-32 Total net assets or fund balancesStart of year $866,156$1,154,546
X-33 Total liabilities and net assetsStart of year $866,156$1,154,546
Part XI · Reconciliation of net assets $1,154,546 net assets at year end
XI-1 Total revenue$376,784
XI-2 Total expenses$127,642
XI-3 Revenue less expenses$249,142
XI-4 Net assets at start of year$866,156
XI-5 Net unrealized gains (losses) on investments$39,248
XI-10 Net assets at end of year$1,154,546

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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