Civic Intelligence

Joe Beasley Memorial Foundation Inc.

990EZ • Fiscal year 2012 • EIN 01-0649656

Jan 01, 2012 to Dec 31, 2012 • Filed on Apr 26, 2013

431 Woodland Road35020
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.14x

Higher debt load relative to assets than 78% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

98th percentile

4.09x

Higher debt load relative to revenue than 98% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

72nd percentile

15%

Higher net margin than 72% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

44th percentile

-1.3%

Faster asset growth than 44% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

20th percentile

-25%

Faster revenue growth than 20% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Assets

Down

$277,655

Down $3,556 (-1.3%) from 2011

Net Assets

Up

$237,655

Up $1,444 (+0.6%) from 2011

Liabilities

Down

$40,000

Down $5,000 (-11%) from 2011

Revenue

Down

$9,780

Down $3,230 (-25%) from 2011

Expenses

Down

$8,336

Down $83 (-1.0%) from 2011

Net Income

Down

$1,444

Down $3,147 (-69%) from 2011

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2011: $281,211Liabilities 2011: $45,000Net Assets 2011: $236,2112011Assets 2012: $277,655Liabilities 2012: $40,000Net Assets 2012: $237,6552012Assets 2013: $275,115Liabilities 2013: $35,000Net Assets 2013: $240,1152013Assets 2014: $272,098Liabilities 2014: $30,000Net Assets 2014: $242,0982014Assets 2015: $268,344Liabilities 2015: $25,000Net Assets 2015: $243,3442015Assets 2016: $264,930Liabilities 2016: $20,000Net Assets 2016: $244,9302016Assets 2017: $260,603Liabilities 2017: $15,000Net Assets 2017: $245,6032017Assets 2018: $256,797Liabilities 2018: $10,000Net Assets 2018: $246,7972018Assets 2019: $253,631Liabilities 2019: $5,000Net Assets 2019: $248,6312019Assets 2020: $247,117Liabilities 2020: $0Net Assets 2020: $247,1172020Assets 2021: $247,205Liabilities 2021: $0Net Assets 2021: $247,2052021Assets 2022: $247,453Liabilities 2022: $0Net Assets 2022: $247,4532022Assets 2023: $247,485Liabilities 2023: $0Net Assets 2023: $247,4852023Assets 2024: $244,484Net Assets 2024: $244,4842024

Highlighted filing

2012

Assets$277,655
Liabilities$40,000
Net Assets$237,655

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15K$10K$5.0K$0-$5.0KRevenue 2011: $13,010Expenses 2011: $8,419Net Income 2011: $4,5912011Revenue 2012: $9,780Expenses 2012: $8,336Net Income 2012: $1,4442012Revenue 2013: $10,858Expenses 2013: $8,398Net Income 2013: $2,4602013Revenue 2014: $9,622Expenses 2014: $7,639Net Income 2014: $1,9832014Revenue 2015: $8,898Expenses 2015: $7,652Net Income 2015: $1,2462015Revenue 2016: $7,864Expenses 2016: $6,278Net Income 2016: $1,5862016Revenue 2017: $7,579Expenses 2017: $6,906Net Income 2017: $6732017Revenue 2018: $7,326Expenses 2018: $6,132Net Income 2018: $1,1942018Revenue 2019: $6,944Expenses 2019: $5,110Net Income 2019: $1,8342019Revenue 2020: $2,480Expenses 2020: $3,994Net Income 2020: -$1,5142020Revenue 2021: $3,393Expenses 2021: $3,305Net Income 2021: $882021Revenue 2022: $3,429Expenses 2022: $3,181Net Income 2022: $2482022Revenue 2023: $2,076Expenses 2023: $2,044Net Income 2023: $322023Revenue 2024: $11Expenses 2024: $3,012Net Income 2024: -$3,0012024

Highlighted filing

2012

Revenue$9,780
Expenses$8,336
Net Income$1,444
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Apr 26, 2013
Return Version
2012v2.1
Mission and Program Overview

Mission

Promoting sacred harp and shape note music

Filing and Contact Details

Filer

EIN
01-0649656
Raw XML Appendix195 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
CompensationExplanation/Compensation/PersonName0RICHARD L SCHMEIDLER
CompensationExplanation/Compensation/PersonName1JAMES M BEASLEY
CompensationExplanation/Compensation/PersonName2MYRTLE A BALLARD
CompensationExplanation/Compensation/PersonName3CORA B SWEATT
CompensationExplanation/Compensation/PersonName4BRENDA PENA
CompensationExplanation/Compensation/PersonName5REBECCA BRIGGS
CompensationExplanation/Compensation/PersonName6THOMAS A BEASLEY
CompensationExplanation/Compensation/PersonName7SARAH BEASLEY
CompensationExplanation/Compensation/PersonName8JOHN BEASLEY
CompensationExplanation/Compensation/PersonName9HENRY MCGUIRE
IRS990EZ/ActivitiesNotPreviouslyRpt0false
IRS990EZ/CashSavingsAndInvestments/BOY044174
IRS990EZ/CashSavingsAndInvestments/EOY042218
IRS990EZ/ContributionsGiftsGrantsEtc09729
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagedInExcessBenefitTrans0false
IRS990EZ/EngageInLobbyingActivities0false
IRS990EZ/EngagePoliticalCmpgnActivities0false
IRS990EZ/ExcessOrDeficitForYear01444
IRS990EZ/FeesAndOthPymtToIndContractors01250
IRS990EZ/FiledScheduleA0true
IRS990EZ/ForeignFinancialAccount0false
IRS990EZ/ForeignOffice0false
IRS990EZ/GrantsAndSimilarAmountsPaid0500
IRS990EZ/GrossReceipts09780
IRS990EZ/InfoInScheduleOPartI0X
IRS990EZ/InfoInScheduleOPartII0X
IRS990EZ/InfoInScheduleOPartIII0X
IRS990EZ/InvestmentIncome051
IRS990EZ/LandAndBuildings/BOY082371
IRS990EZ/LandAndBuildings/EOY082371
IRS990EZ/LoansToFromOfficers040000
IRS990EZ/MadeChangesToOrgnzngEtcDoc0false
IRS990EZ/MadeLoansToFromOfficers0true
IRS990EZ/MaintainAnyDonorAdvisedFunds0false
IRS990EZ/MethodOfAccountingCash0X
IRS990EZ/NetAssetsOrFundBalances/BOY0236211
IRS990EZ/NetAssetsOrFundBalancesBOY0236211
IRS990EZ/NetAssetsOrFundBalances/EOY0237655
IRS990EZ/NetAssetsOrFundBalancesEOY0237655
IRS990EZ/OccupancyRentUtilitiesAndMaint01670
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition09.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition12.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition22.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition33.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition412.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition51.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition62.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition720.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition81.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition91.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation50
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation60
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation70
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation80
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation90
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0RICHARD L SCHMEIDLER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1JAMES M BEASLEY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2MYRTLE A BALLARD
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3CORA B SWEATT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4BRENDA PENA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName5REBECCA BRIGGS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName6THOMAS A BEASLEY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName7SARAH BEASLEY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName8JOHN BEASLEY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName9HENRY MCGUIRE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1V. PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3RECORD. SEC.
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title7EXEC. SEC.
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title9DIRECTOR
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherAssetsTotal/BOY0154666
IRS990EZ/OtherAssetsTotal/EOY0153066
IRS990EZ/OtherExpensesTotal03808
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0PROMOTING SACRED HARP AND SHAPE NOTE MUSIC
IRS990EZ/PrintingPublicationsPostage01108
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0PROMOTING 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/ProgramServiceAccomplishment/GrantsAndAllocations0500
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses06946
IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/ScheduleBNotRequired0X
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/SumOfTotalLiabilities/BOY045000
IRS990EZ/SumOfTotalLiabilities/EOY040000
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine10431 WOODLAND ROAD
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0BESSEMER
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0AL
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode035020
IRS990EZ/TheBooksAreInCareOf/NamePerson0SARAH BEASLEY
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber02056163456
IRS990EZ/TotalAssets/BOY0281211
IRS990EZ/TotalAssets/EOY0277655
IRS990EZ/TotalExpenses08336
IRS990EZ/TotalProgramServiceExpenses06946
IRS990EZ/TotalRevenue09780
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990EZ/WebSite0WWW.JOEBEASLEYMEMORIALFOUNDATION.ORG
IRS990ScheduleA/AmountsSubstContributorsTotal031151
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear09729
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year012958
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years021223
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years023870
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years011915
IRS990ScheduleA/GiftsGrantsContribReceived170/Total079695
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear051
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year052
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years055
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years075
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years025
IRS990ScheduleA/GrossInvestmentIncome170/Total0258
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc051
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.60720
IRS990ScheduleA/PublicSupportPertcentPriorYear00.58130
IRS990ScheduleA/PublicSupportTotal170048544
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear09729
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year012958
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years021223
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years023870
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years011915
IRS990ScheduleA/Total170/Total079695
IRS990ScheduleA/TotalSupport079953
IRS990ScheduleL/LoanTable/ApprovedByBoard0true
IRS990ScheduleL/LoanTable/BalanceDue040000
IRS990ScheduleL/LoanTable/Default0false
IRS990ScheduleL/LoanTable/LoanToOrganization0X
IRS990ScheduleL/LoanTable/NamePerson0RICHARD L SCHMEIDLER
IRS990ScheduleL/LoanTable/OriginalPrincipalAmount050000
IRS990ScheduleL/LoanTable/PurposeOfLoan0WORKING CAPITAL
IRS990ScheduleL/LoanTable/RelationshipWithOrganization0TREASURER
IRS990ScheduleL/LoanTable/WrittenAgreement0true
IRS990ScheduleL/TotalBalanceDue040000
IRS990ScheduleO/GeneralExplanation/Explanation0IN 2012, THE FOUNDATION PROVIDED ONE INDIVIDUAL WITH A SCHOLARSHIP TO ASSIST IN HER STUDIES OF SACRED HARP AND SHAPE NOTE MUSIC.
IRS990ScheduleO/GeneralExplanation/Explanation1EXPENSES ADVERTISING AND PROMOTION 1,200 CONFERENCES/MEETINGS 618 DUES 125 BANK CHARGES 15 WEBSITE 250 NON-INVESTMENT DEPRECIATION 1,600 TOTAL 3,808
IRS990ScheduleO/GeneralExplanation/Explanation2SITE PREPARATION 141,985 141,985 FURNITURE 4,395 4,395 LESS ACCUMULATED DEPRECIATION 2,637 3,077 FENCING 17,400 17,400 LESS ACCUMULATED DEPRECIATION 6,477 7,637 TOTAL 154,666 153,066
IRS990ScheduleO/GeneralExplanation/Explanation3LOANS FROM OFFICERS 45,000 40,000
IRS990ScheduleO/GeneralExplanation/Explanation4PROMOTING 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/GeneralExplanation/Identifier0ADDITIONAL INFORMATION
IRS990ScheduleO/GeneralExplanation/Identifier1OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier2OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier3OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/Identifier4FIRST ACCOMPLISHMENT
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990-EZ, PART I
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/Filer/EIN0010649656
ReturnHeader/Filer/Name/BusinessNameLine10JOE BEASLEY MEMORIAL FOUNDATION INC
ReturnHeader/Filer/NameControl0JOEB
ReturnHeader/Filer/Phone02056163456
ReturnHeader/Filer/USAddress/AddressLine10431 WOODLAND ROAD
ReturnHeader/Filer/USAddress/City0BESSEMER
ReturnHeader/Filer/USAddress/State0AL
ReturnHeader/Filer/USAddress/ZIPCode035020
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02013-04-26
ReturnHeader/Officer/Name0SARAH BEASLEY
ReturnHeader/Officer/Phone02056163456
ReturnHeader/Officer/Title0EXECUTIVE SECRETARY
ReturnHeader/Preparer/DatePrepared02013-06-07
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10RUSSELL & COMPANY LLC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine101713 3RD AVENUE NORTH
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0BESSEMER
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0AL
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode035020
ReturnHeader/Preparer/Name0WILLIAM W RUSSELL CPA
ReturnHeader/Preparer/Phone02054289064
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-06-07T08:24:05-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.44$2.44$0.00$0.03$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$0.02$0.02$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$0.03$0.03$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$0.03$0.03$0.00
2020Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$0.02$0.04$0.02
2019Detailed filing. Detailed filing data is available for this year.$2.54$0.05$2.49$0.07$0.05$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.57$0.10$2.47$0.07$0.06$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.61$0.15$2.46$0.08$0.07$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.65$0.20$2.45$0.08$0.06$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.68$0.25$2.43$0.09$0.08$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.72$0.30$2.42$0.10$0.08$0.02
2013Detailed filing. Detailed filing data is available for this year.$2.75$0.35$2.40$0.11$0.08$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.78$0.40$2.38$0.10$0.08$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$0.45$2.36$0.13$0.08$0.05