Beta Beta Gamma Foundation EIN 99-0344170 Form 990 (PDF) Claim this org

Beta Beta Gamma Foundation FY2020 filing

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Raises money for charitable, educational, scientific, or literary causes. For fiscal year 2020 it reported $26K in revenue, $20K in expenses, and $515K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Honolulu, HI
Website
www.bbgfoundation.com
Filings
5 on file (2020–2020)
Revenue
$26KFY2020
Expenses
$20K
Net assets
$515K
People
16
Filings
5
Updates
0
More identity details & actions ⌄
EIN  99-0344170 Public foundation / grantmaker Honolulu, HI
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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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
$26K revenue, $20K expenses
Bottom line
69% program efficiency
Grants paid & assets · FY2020
Total revenue
$26K
Pt VIII · Ln 12
Total expenses
$20K
Pt IX · Ln 25
Net assets
$515K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6K
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.31 Fundraising $0.00
Program efficiency
69%
of spending reaches programs
Operating runway
304.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+21%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$26K
FY2020
Expenses
$20K
FY2020
Total assets
$517K
FY2020
Total liabilities
$1K
FY2020
Total revenue
$26K
Pt VIII · Ln 12
Total expenses
$20K
Pt IX · Ln 25
Net assets
$515K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$517K
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416
Mission & Programs · Part III

Where the work happens

1 program service account for $14K of program spending, described in the organization's own filed words · FY2020.
01

We awarded grants and contributions of $11,750. We awarded one scholarship to the university of hawaii in the amount of $500.

$14Kprogram 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 1a16
Independent voting membersPt VI · Ln 1b16
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
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$15K · 59%
Contributions & grants$10K · 39%
Other revenue$521 · 2%
Investment income59%$15K
Contributions & grants39%$10K
Other revenue2%$521
Total revenueLn 12$26K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.31 Fundraising $0.00
Program services69%$14K
Management & general31%$6K
Fundraising$16
Total functional expensesLn 25$20K

Balance Sheet

Part X · end of year
CashLn 1$26K
Total assetsLn 16$517K
Total liabilitiesLn 26$1K
Total net assetsLn 32$515K
Months of cash on handcomputed15.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $517K · Operating expenses/yr $20K
304.0 months
Where the money goes
Program services
Program services $14K · Total expenses $20K
69%
Management & General
Management & general $6K · Total expenses $20K
31%
Fundraising
Fundraising $16 · Total expenses $20K
0.08%
Cost to raise $1
Fundraising expense $16 · Solicited contributions $10K
$0.00 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $10K · Total revenue $26K
39%
Government reliance
Government grants — · Total revenue $26K
Earned-income share
Program service revenue $0 · Total revenue $26K
0%
Investment reliance
Investment income $15K · Total revenue $26K
+59%
Program self-sufficiency
Program service revenue $0 · Total expenses $20K
0%
Growth & trend
Revenue growth (YoY)
This year $26K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $515K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $26K · Expenses $20K
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $517K
Net-asset ratio
Net assets $515K · Total assets $517K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $491K · Total assets (Pt X, ln 16) $517K
95%
People & payroll
Highest Reported Total Compensation
Individual Aileen Shin · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $20K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $20K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 69%
Overhead ratio 31%
Fundraising cost ratio 0.2%
Investment management fee ratio 0.8%
Accounting fee ratio 4%

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

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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