Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Joe Beasley Memorial Foundation Inc
EIN 01-0649656 • 501(c)3 • Bessemer, AL
Profile
Promoting sacred harp and shape note music
Refreshing map…
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
51st percentile
Faster asset growth than 51% of similar nonprofits.
Revenue Growth
4th percentile
Faster revenue growth than 4% of similar nonprofits.
Balance Sheet
Assets
Down$244,484
Down $3,001 (-1.2%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Down$244,484
Down $3,001 (-1.2%) from 2023
Revenue
Down$11
Down $2,065 (-99%) from 2023
Expenses
Up$3,012
Up $968 (+47%) from 2023
Net Income
Down-$3,001
Down $3,033 (-9478%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $244,484
- Liabilities
- -
- Net assets
- $244,484
- Revenue
- $11
- Expenses
- $3,012
- Net income
- -$3,001
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 12, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $11
Mission and Program Overview
Mission
Promoting sacred harp and shape note music
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROMOTING SACRED HARP AND SHAPE NOTE MUSIC. AMONG THE METHODS ARE GIVING AWAY BOOKS AND CDS, AND PROVIDING SCHOLARSHIPS FOR INDIVIDUALS WHO HAVE DEMONSTRATED AN INTEREST AND PARTICIPATED IN THE FIELDS OF SACRED HARP AND SHAPE NOTE MUSIC. THE FOUNDATION HAS ALSO SECURED LAND AND BEGUN SITE PREPARATION FOR A BUILDING IN WHICH TO ENGAGE IN ACTIVITIES TO PROMOTE SACRED HARP AND SHAPE NOTE MUSIC. | - | $2,212 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JAMES M BEASLEY | President | - | $0 | - | - |
| RICHARD L SCHMEIDLER | Treasurer | - | $0 | - | - |
| REBECCA BRIGGS | Director | - | $0 | - | - |
| THOMAS A BEASLEY | Director | - | $0 | - | - |
| SARAH BEASLEY | Exec Sec | - | $0 | - | - |
| HENRY MCGUIRE | Director | - | $0 | - | - |
| JOSHUA A MCGUIRE | Director | - | $0 | - | - |
| RICHARD BEASLEY | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Joe Beasley Memorial Foundation Inc
- EIN
- 01-0649656
- Phone
- 6157906959
- Address
- 431 WOODLAND ROAD, BESSEMER, AL 35020
Signing Officer
- Name
- Sarah Beasley
- Title
- Exec Sec
- Phone
- 2056163456
- Signed
- 2025-11-12
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Russell & Company LLC
- Address
- 1713 3RD AVENUE NORTH, BESSEMER, AL 35020
- Preparer
- William W Russell CPA
- Phone
- 2054289064
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I
“In 2024, the foundation provided no individuals with scholarships to assist in their studies of sacred harp and shape note music.”
Form 990-ez, Part I, Line 16
“Expenses website 355 total 355”
Form 990-ez, Part II, Line 24
“Other loan rec 0 1,384 site preparation 141,985 141,985 fencing 17,400 17,400 less accumulated depreciation 17,400 17,400 furniture 4,395 4,395 less accumulated depreciation 4,395 4,395 total 141,985 143,369”
Form 990-ez, Part III, Line 28
“Promoting sacred harp and shape note music. Among the methods are giving away books and cds, and providing scholarships for individuals who have demonstrated an interest and participated in the fields of sacred harp and shape note music. The foundation has also secured land and begun site preparation for a building in which to engage in activities to promote sacred harp and shape note music.”
Raw XML Appendix154 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | SARAH BEASLEY |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2056163456 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 431 WOODLAND ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BESSEMER |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 35020 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 23129 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 18744 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -3001 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 800 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 247485 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 244484 |
| IRS990EZ/GrossReceiptsAmt | 0 | 11 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 11 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 82371 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 82371 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 247485 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 244484 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 247485 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 244484 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 841 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JAMES M BEASLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RICHARD L SCHMEIDLER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | REBECCA BRIGGS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | THOMAS A BEASLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | SARAH BEASLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | HENRY MCGUIRE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | JOSHUA A MCGUIRE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | RICHARD BEASLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | EXEC SEC |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 141985 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 143369 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 355 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROMOTING SACRED HARP AND SHAPE NOTE MUSIC |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1016 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROMOTING SACRED HARP AND SHAPE NOTE MUSIC. AMONG THE METHODS ARE GIVING AWAY BOOKS AND CDS, AND PROVIDING SCHOLARSHIPS FOR INDIVIDUALS WHO HAVE DEMONSTRATED AN INTEREST AND PARTICIPATED IN THE FIELDS OF SACRED HARP AND SHAPE NOTE MUSIC. THE FOUNDATION HAS ALSO SECURED LAND AND BEGUN SITE PREPARATION FOR A BUILDING IN WHICH TO ENGAGE IN ACTIVITIES TO PROMOTE SACRED HARP AND SHAPE NOTE MUSIC. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 2212 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 3012 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 2212 |
| IRS990EZ/TotalRevenueAmt | 0 | 11 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.JOEBEASLEYMEMORIALFOUNDATION.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2064 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3417 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3379 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2459 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 11319 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 11 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 12 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 12 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 14 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 21 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 70 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 70 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99390 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99480 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 11319 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2064 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3417 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3379 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2459 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 11319 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 11389 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | IN 2024, THE FOUNDATION PROVIDED NO INDIVIDUALS WITH SCHOLARSHIPS TO ASSIST IN THEIR STUDIES OF SACRED HARP AND SHAPE NOTE MUSIC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES WEBSITE 355 TOTAL 355 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | OTHER LOAN REC 0 1,384 SITE PREPARATION 141,985 141,985 FENCING 17,400 17,400 LESS ACCUMULATED DEPRECIATION 17,400 17,400 FURNITURE 4,395 4,395 LESS ACCUMULATED DEPRECIATION 4,395 4,395 TOTAL 141,985 143,369 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PROMOTING SACRED HARP AND SHAPE NOTE MUSIC. AMONG THE METHODS ARE GIVING AWAY BOOKS AND CDS, AND PROVIDING SCHOLARSHIPS FOR INDIVIDUALS WHO HAVE DEMONSTRATED AN INTEREST AND PARTICIPATED IN THE FIELDS OF SACRED HARP AND SHAPE NOTE MUSIC. THE FOUNDATION HAS ALSO SECURED LAND AND BEGUN SITE PREPARATION FOR A BUILDING IN WHICH TO ENGAGE IN ACTIVITIES TO PROMOTE SACRED HARP AND SHAPE NOTE MUSIC. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SARAH BEASLEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXEC SEC |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2056163456 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | JOE BEASLEY MEMORIAL FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | JOEB |
| ReturnHeader/Filer/EIN | 0 | 010649656 |
| ReturnHeader/Filer/PhoneNum | 0 | 6157906959 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 431 WOODLAND ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BESSEMER |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 35020 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 205087987 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RUSSELL & COMPANY LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1713 3RD AVENUE NORTH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BESSEMER |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 35020 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2054289064 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WILLIAM W RUSSELL CPA |
| ReturnHeader/ReturnTs | 0 | 2025-11-12T12:42:25-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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