Beta Beta Gamma Foundation EIN 99-0344170

Beta Beta Gamma Foundation

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Raises money for charitable, educational, scientific, or literary causes. For fiscal year 2024 it reported $79K in revenue, $37K in expenses, and $588K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Honolulu, HI
Website
www.bbgfoundation.com
Filings
5 on file (2020–2024)
Revenue
$79KFY2024
Expenses
$37K
Net assets
$588K
People
17
Filings
5
Updates
0
More identity details & actions ⌄
EIN  99-0344170 Public foundation / grantmaker Honolulu, HI
Form 990 (PDF)
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Size
<$100K
What they do
Raises money for charitable, educational, scientific, or literary causes.
Leadership
Aileen Shin · Director
Money in and out
$79K revenue, $37K expenses
Bottom line
68% program efficiency
Grants paid & assets · FY2024
Total revenue
$79K
Pt VIII · Ln 12
Total expenses
$37K
Pt IX · Ln 25
Net assets
$588K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $42K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.31 Fundraising $0.01
Program efficiency
68%
of spending reaches programs▼ -12% vs prior filing year
Operating runway
201.4mo
months of highly liquid reserves at operating expense rate▲ +45% vs prior filing year
Surplus margin
+53%
revenue over expenses, this year▲ +225% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$79K
FY2024▲ +144%
Expenses
$37K
FY2024▼ -20%
Total assets
$588K
FY2024▲ +13%
Total liabilities
$0
FY2024
Total revenue
$79K
Pt VIII · Ln 12
Total expenses
$37K
Pt IX · Ln 25
Net assets
$588K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$42K
Total assetsPt X · Ln 16$588K
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

1 program service account for $25K of program spending, described in the organization's own filed words · FY2024.
01

We awarded grants and contributions of $25,000.

$25Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBeta Beta Gamma Foundation
EINHdr · item D99-0344170
Principal addressHdr · item CHonolulu, HI
WebsiteHdr · item Jwww.bbgfoundation.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MHI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFApr 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aNo
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$34K · 43%
Contributions & grants$28K · 35%
Other revenue$17K · 21%
Investment income43%$34K
Contributions & grants35%$28K
Other revenue21%$17K
Total revenueLn 12$79K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.31 Fundraising $0.01
Program services68%$25K
Management & general31%$11K
Fundraising1%$425
Total functional expensesLn 25$37K

Balance Sheet

Part X · end of year
CashLn 1$32K
Total assetsLn 16$588K
Total liabilitiesLn 26$0
Total net assetsLn 32$588K
Months of cash on handcomputed10.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $588K · Operating expenses (Pt IX) $37K · Less non-cash grants $2K · Cash operating expenses/yr $35K
201.4 months
Where the money goes
Program services
Program services $25K · Total expenses $37K
68%
Management & General
Management & general $11K · Total expenses $37K
31%
Fundraising
Fundraising $425 · Total expenses $37K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $808 · Solicited contributions (3-yr avg) $17K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $28K · Total revenue $79K
35%
Government reliance
Government grants — · Total revenue $79K
Earned-income share
Program service revenue $0 · Total revenue $79K
0%
Investment reliance
Investment income $34K · Total revenue $79K
+43%
Program self-sufficiency
Program service revenue $0 · Total expenses $37K
0%
Growth & trend
Revenue growth (YoY)
This year $79K · Prior year $32K
+144%
Revenue CAGR
FY2020 $26K · FY2024 $79K
+32%
Net-asset trend (YoY)
End of year $588K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $79K · Expenses $37K
+53%
Liabilities-to-Assets
Total liabilities — · Total assets $588K
Net-asset ratio
Net assets $588K · Total assets $588K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $556K · Total assets (Pt X, ln 16) $588K
95%
People & payroll
Highest Reported Total Compensation
Individual Aileen Shin · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $37K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $37K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 31%
Fundraising cost ratio 2%
Revenue growth 144%
Investment management fee ratio 1%
Accounting fee ratio 3%

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
Total grants receivedfrom 1 funder$250
Grants paid · 18 grants · $86K · 2020–2024
Aloha HarvestHI · FY2024$20,000
University of HawaiiFY2024$5,000
Unitemized GrantFY2023$23,500
Hawaii Theatre CenterHI · FY2023$10,000
Japanese American Citizens League (honolulu Chapter)FY2023$2,500
Halla Huhm FoundationHI · FY2023$150
Filipino Veterans Recognition & Education Project (region 11)FY2022$6,568
Unitemized GrantFY2022$6,000
Help Understanding & Group SupportFY2020$2,000
Epic Ohana INCFY2020$2,000
Read to Me InternationalFY2020$2,000
Positive Coaching Alliance HawaiiFY2020$1,500
Unitemized GrantFY2020$500
Think Tech HawaiiFY2020$500
Hapa ManaFY2020$500
Community Youth CenterFY2020$250

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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)$79K revenue · viewing · ⤓ 990 PDF
FY2023$32K revenue · ⤓ 990 PDF
FY2022$46K revenue · ⤓ 990 PDF
FY2021$96K revenue · ⤓ 990 PDF
FY2020$26K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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