The Eric R Beverly Family Foundation

Nonprofit profile at a glance

EIN
743198138
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Atlanta, GA, USA
Phone
7706141779
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Cancer

Reported finances

Revenue
$72,763
Expenses
$73,793
Assets
$96,554
Liabilities
$4,716

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • ERIC R BEVERLY (-PRESIDENT)
  • SUE PASSINAULT (-VICE PRESIDENT)

People named in this filing

  • ERIC R BEVERLY (-PRESIDENT)
  • SUE PASSINAULT (-VICE PRESIDENT)
  • DANIELLE S BEVERLY (-SECRETARY/TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The eric r. Beverly family foundation is dedicated to improving the survival rates of lower income breast cancer individuals undergoing treatment for breast cancer. We do this by providing financial grants for insurance co-pays, prescription costs, transportation to and from treatment, and basic living necessities such as rent, utilities, and groceries. All of our awards and grants are made with this mission in mind.

What it reported doing in 2024

Our mission: the eric r. Beverly family foundation is dedicated to improving the survival rates of lower income breast cancer individuals undergoing treatment for breast cancer. We do this by providing financial grants for insurance co-pays; prescription costs; transportation to and from treatment and basic living necessities such as rent, utilities and groceries. All of our awards and grants are made with this mission in mind. Grants in alger county were made to help the lower income cancer patients pay their expenses (utilities, rent, medical expenses, and other bills) which are keeping them from going to treatment; our angel fund which funds the lower income breast cancer patients' grants at grady hospital (also to help with expenses keeping them from getting treatment); hope for the holidays which is our program where we provide meals and gifts to the lower income breast cancer patients, their families, and caregivers for thanksgiving and christmas; and our comfort kits which we provide to the social workers at grady hospital to give to newly diagnosed lower-income breast cancer patients to help them get through treatments.

Operating model

Revenue model
Donor-supported. 87% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 79% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 100
  • Sustainability: 44
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.4%; rating input score 85
  • Program expense ratio: 84.2%; rating input score 84

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -1.4%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 1.31; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 7.9% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 1.2% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: -0.1% per year; rating input score 0; 38th percentile among comparable filings

Details

  • Where the money goes: 85.4% of revenue deployed · 84.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $62K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 41/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.