Civic Intelligence

Joe Beretta Foundation

EIN 81-3849103 • 501(c)3 • Mount Juliet, TN

Profile

The Joe Beretta Foundation exists to meet the essential non-medical needs of advanced heart failure patients caregivers and their families.

PO Box 777Mount Juliet, TN 37122-3532

www.tjbf.org

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

80th percentile

28%

Higher net margin than 80% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

70th percentile

13%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-36%

Faster revenue growth than 9% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$650,543

Up $77,118 (+13%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$650,543

Up $77,118 (+13%) from 2023

Revenue

Down

$271,831

Down $149,774 (-36%) from 2023

Expenses

Up

$194,713

Up $37,123 (+24%) from 2023

Net Income

Down

$77,118

Down $186,897 (-71%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2016: $334,636Liabilities 2016: $727Net Assets 2016: $333,9092016Assets 2017: $327,307Liabilities 2017: $3132017Assets 2018: $356,066Liabilities 2018: $6,5822018Assets 2019: $328,947Liabilities 2019: $3,9572019Assets 2020: $319,321Liabilities 2020: $1,6112020Assets 2021: $299,702Liabilities 2021: $0Net Assets 2021: $299,7022021Assets 2022: $309,410Liabilities 2022: $0Net Assets 2022: $309,4102022Assets 2023: $573,425Liabilities 2023: $0Net Assets 2023: $573,4252023Assets 2024: $650,543Liabilities 2024: $0Net Assets 2024: $650,5432024

Highlighted filing

2024

Assets$650,543
Liabilities$0
Net Assets$650,543

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $355,096Expenses 2016: $21,187Net Income 2016: $333,9092016Revenue 2017: $111,573Expenses 2017: $118,491Net Income 2017: -$6,9182017Revenue 2018: $132,470Expenses 2018: $109,980Net Income 2018: $22,4902018Revenue 2019: $122,204Expenses 2019: $146,699Net Income 2019: -$24,4952019Revenue 2020: $137,159Expenses 2020: $144,199Net Income 2020: -$7,0402020Revenue 2021: $139,604Expenses 2021: $157,851Net Income 2021: -$18,2472021Revenue 2022: $195,785Expenses 2022: $188,815Net Income 2022: $6,9702022Revenue 2023: $421,605Expenses 2023: $157,590Net Income 2023: $264,0152023Revenue 2024: $271,831Expenses 2024: $194,713Net Income 2024: $77,1182024

Highlighted filing

2024

Revenue$271,831
Expenses$194,713
Net Income$77,118

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$423,662
Mission and Program Overview

Mission

Tomeettheessentialnonmedicalneedsofadvancedheartfailurepatients,caregiversandtheirfamilies.

TO meet the essential non-medical needs of advanced heart failure patients and families

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$319,884$397,002▲ $77,118
Land, Buildings, and Equipment, Net$253,541$253,541→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$573,425$650,543▲ $77,118
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$573,425$650,543▲ $77,118
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$573,425$650,543▲ $77,118
Total Liabilities and Net Assets / Fund Balance$573,425$650,543▲ $77,118

Asset Categories

AssetBook ValueDepreciationBasis
Land$253,541-$253,541
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David ShepherdExecutive DirectorFT$52,000$10,391$62,391
Marla CochranProgram Support StaffPT$15,121-$15,121

Board Members and Trustees

NameTitle
Lillian BerettaBoard President
Andrew WhartonBoard Vice President
Angelo RomanBoard Member
Beth RomanBoard Member
Bob DoughertyBoard Member
Daniel RomanBoard Member
Donald AndreozziBoard Member
Erin HutlingerBoard Member
Gloria AndreozziBoard Member
Joseph BerettaBoard Member
Lynn TurnerBoard Member
Mark WaskoBoard Member
Nadine OglesbyBoard Member
Samantha BerettaBoard Member
Sharon SmithBoard Member
Yancy BelcherBoard Member
Gabrielle ShepherdBoard Secretary
Ken SchnarrsBoard Treasurer
CayceRay
Revenue and Support

Revenue Composition

Contributions and Grants
$113,432
Program Service Revenue
$0
Investment Income
$3,927
Other Revenue
$154,472
All Other Contributions
$79,398
Change in Net Assets
$77,118
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$83,127
Grants and Similar Amounts Paid$72,293
Other Expenses$39,293
Total Fundraising Expense$29,191
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$72,293--$72,293
Current Officers, Directors, Trustees, and Key Employees$54,121$6,756$6,687$67,565
Advertising$3,742$3,742$3,742$11,226
Other Employee Benefits$8,198$2,598$0$10,391
Information Technology$2,142$2,142$2,143$6,427
Payroll Taxes$0$0$0$5,171
Office Expenses$1,531$1,531$1,532$4,594
Insurance$0$1,238$0$1,238
Fees for Services Accounting$0$721$0$721
Total Functional Expenses$142,027$18,728$29,191$194,713
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$306,303
Fundraising Direct Expenses$151,831
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$31,417$28,275$7,162$21,113
Pickleball$13,814$12,433$3,604$8,829
Total Events$340,337$306,304$151,831$154,473
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 2

Lillian Beretta is the mother of Gabrielle Shepherd Joseph Beretta Mother In law of David Shepherd and Samantha Beretta. She is the sister of Daniel Roman and Angelo Roman and sister in law of Ken Schnarrs and Beth Roman. Lillian is also the cousin of Gloria Andreozzi

Part VI, Line 11A

emailed to members.

Part VI, Line 15

Yes when employee was hired the board reviewed like salaries in the area and the merits of the individual before voting them in. This same process applied to all employees

Filing and Contact Details

Filer

Filer Name
Joe Beretta Foundation
EIN
81-3849103
Phone
6158527804
Address
PO Box 777, MOUNT JULIET, TN 37122-3532

Signing Officer

Name
David SHepherd
Title
Executive Director
Phone
5403273940
Signed
2025-11-17

Organization Details

Principal Officer
David Shepherd
Formed
2016
Legal Domicile
Tn
Voting Board Members
22
Independent Board Members
22
Employees
2
Volunteers
0
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