Civic Intelligence

Beaver Family Foundation Inc.

EIN 56-2028723 • Hickory, NC

Pub. 78 EligibleNTEE T22
2425 N Center Street 362Hickory, NC 28601
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

78th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE T22 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

78th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE T22 • $10M-$25M nonprofits • Source year 2025

Net Margin

35th percentile

-2.7%

Higher net margin than 35% of similar nonprofits.

NTEE T22 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

75th percentile

$6,000

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

NTEE T22 • $10M-$25M nonprofits • Source year 2025

Asset Growth

34th percentile

-0.2%

Faster asset growth than 34% of similar nonprofits.

NTEE T22 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

46th percentile

15%

Faster revenue growth than 46% of similar nonprofits.

NTEE T22 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$11,239,170

Down $24,722 (-0.2%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$11,239,170

Down $24,722 (-0.2%) from 2024

Operations
Liabilities / Revenue78th percentileNet Margin35th percentile

Revenue

Up

$915,380

Up $122,211 (+15%) from 2024

Expenses

Up

$940,102

Up $37,827 (+4.2%) from 2024

Net Income

Up

-$24,722

Up $84,384 (+77%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $9,572,566Liabilities 2010: $0Net Assets 2010: $9,572,5662010Assets 2011: $9,804,114Liabilities 2011: $0Net Assets 2011: $9,804,1142011Assets 2012: $9,870,420Liabilities 2012: $02012Assets 2013: $10,018,356Liabilities 2013: $02013Assets 2014: $10,116,863Liabilities 2014: $0Net Assets 2014: $10,116,8632014Assets 2015: $9,901,281Liabilities 2015: $0Net Assets 2015: $9,901,2812015Assets 2016: $9,836,279Liabilities 2016: $0Net Assets 2016: $9,836,2792016Assets 2020: $10,761,929Liabilities 2020: $02020Assets 2021: $10,897,592Liabilities 2021: $0Net Assets 2021: $10,897,5922021Assets 2022: $11,231,563Liabilities 2022: $0Net Assets 2022: $11,231,5632022Assets 2023: $11,333,789Liabilities 2023: $0Net Assets 2023: $11,333,7892023Assets 2024: $11,263,892Liabilities 2024: $0Net Assets 2024: $11,263,8922024Assets 2025: $11,239,170Liabilities 2025: $0Net Assets 2025: $11,239,1702025

Highlighted filing

2025

Assets$11,239,170
Liabilities$0
Net Assets$11,239,170
Open 2025 Filing

Operations Trend

Revenue Growth46th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500K-$1.0MExpenses 2010: $279,1032010Expenses 2011: $200,9242011Revenue 2012: $409,915Expenses 2012: $343,609Net Income 2012: $66,3062012Revenue 2013: $478,963Expenses 2013: $331,027Net Income 2013: $147,9362013Revenue 2014: $755,778Expenses 2014: $657,271Net Income 2014: $98,5072014Revenue 2015: $455,902Expenses 2015: $671,484Net Income 2015: -$215,5822015Revenue 2016: $438,637Expenses 2016: $716,760Net Income 2016: -$278,1232016Revenue 2020: $318,599Expenses 2020: $912,383Net Income 2020: -$593,7842020Revenue 2021: $904,356Expenses 2021: $729,295Net Income 2021: $175,0612021Revenue 2022: $902,546Expenses 2022: $747,327Net Income 2022: $155,2192022Revenue 2023: $882,735Expenses 2023: $1,051,980Net Income 2023: -$169,2452023Revenue 2024: $793,169Expenses 2024: $902,275Net Income 2024: -$109,1062024Revenue 2025: $915,380Expenses 2025: $940,102Net Income 2025: -$24,7222025

Highlighted filing

2025

Revenue$915,380
Expenses$940,102
Net Income-$24,722
Open 2025 Filing

Filings

Most recent year

2025 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,239,170
Liabilities
$0
Net assets
$11,239,170
Revenue
$915,380
Expenses
$940,102
Net income
-$24,722
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$11.2$0.00$11.2$0.92$0.94$0.02
2024Detailed filing. Detailed filing data is available for this year.$11.3$0.00$11.3$0.79$0.90$0.11
2023Detailed filing. Detailed filing data is available for this year.$11.3$0.00$11.3$0.88$1.05$0.17
2022Detailed filing. Detailed filing data is available for this year.$11.2$0.00$11.2$0.90$0.75$0.16
2021Detailed filing. Detailed filing data is available for this year.$10.9$0.00$10.9$0.90$0.73$0.18
2020Summary only. Only limited summary data is available for this year.$10.8$0.00$0.32$0.91$0.59
2016Detailed filing. Detailed filing data is available for this year.$9.84$0.00$9.84$0.44$0.72$0.28
2015Detailed filing. Detailed filing data is available for this year.$9.90$0.00$9.90$0.46$0.67$0.22
2014Detailed filing. Detailed filing data is available for this year.$10.1$0.00$10.1$0.76$0.66$0.10
2013Summary only. Only limited summary data is available for this year.$10.0$0.00$0.48$0.33$0.15
2012Summary only. Only limited summary data is available for this year.$9.87$0.00$0.41$0.34$0.07
2011Detailed filing. Detailed filing data is available for this year.$9.80$0.00$9.80$0.20
2010Detailed filing. Detailed filing data is available for this year.$9.57$0.00$9.57$0.28
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2024 to Apr 30, 2025
Signed
Aug 7, 2025
Return Version
2024v5.2
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
VICKIE BEAVERDirector-$6,000-$6,000
GRACE SIMMONSDirector-$6,000-$6,000
DONALD C BEAVERPresident-$4,500-$4,500
DEBORAH B LOOPERVice President-$4,500-$4,500
DONNA MALONETreasurer-$4,500-$4,500
BEAU SIMMONSDirector-$4,500-$4,500
ANGELA B SIMMONSSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Beaver Family Foundation Inc
EIN
56-2028723
Phone
8283250655
Address
2425 N CENTER STREET 362, HICKORY, NC 28601

Signing Officer

Name
Angela B Simmons
Title
Secretary
Phone
8283250655
Signed
2025-08-07
Discuss with paid preparer
Yes

Preparer

Firm
Martin Starnes & Associates Cpas Pa
Address
730 13TH AVENUE DR SE, HICKORY, NC 28602-5196
Preparer
John B Whitley Ii Cpacfp
Phone
8283272727
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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CompensationExplanation/CompensationExplanationGrp/BusinessName/BusinessNameLine1Txt0ANGELA B SIMMONS
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0*ABS LEGACY PARTNERS, A FIRM OWNED BY AN OFFICER OF BEAVER FAMILY FOUNDATION, INC ("THE FOUNDATION") WAS COMPENSATED BY THE FOUNDATION TO PROVIDE MANAGEMENT SERVICES. THIS COMPENSATION IS REPORTED ON PART I, LINE 16C TO BE CONSISTENT WITH THE CHARACTER OF THE EXPENSE. THE FIRM BILLED THE FOUNDATION AT OR BELOW MARKET RATES
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IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt012002
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtitleATaxAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt012002
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt012002
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxDueAmt01602
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxUnderSection511Amt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt010400
IRS990PF/FMVAssetsEOYAmt019059991
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IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt011239170
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IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt011239170
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IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt011239170
IRS990PF/Form990PFBalanceSheetsGrp/USGovernmentObligationsBOYAmt02181854
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt40
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt64500
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt20
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt30
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt40
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt50
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt60
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt60
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2DEBORAH B LOOPER
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm6BEAU SIMMONS
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2VICE PRESIDENT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt3TREASURER
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt5DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt6DIRECTOR
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt12425 N CENTER STREET 362
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt32425 N CENTER STREET 362
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt42425 N CENTER STREET 362
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt52425 N CENTER STREET 362
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt62425 N CENTER STREET 362
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd3NC
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd4NC
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd6NC
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd028601
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd128601
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd328601
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd428601
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd528601
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd628601
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IRS990PF/StatementsRegardingActy4720Grp/ActsFailToQlfyAsExceptionsInd01
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd00
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd01
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd00
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd00
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd00
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd00
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd01
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd00
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd00
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd00
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd00
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePY1Yr02023
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd01
IRS990PF/StatementsRegardingActy4720Grp/UndistrIncmSect4942a2NotAppInd01
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd00
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd01
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd00
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd00
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd00
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd00
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0ABS LEGACY PARTNERS
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt03048 NORTH CENTER STREET
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0HICKORY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NC
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IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd00
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IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd00
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0NC
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PhoneNum08283250655
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IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt227500
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt2327250

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