BEAVER STREET ENTERPRISE CENTER INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- BEAVER STREET ENTERPRISE CENTER INC (EIN 59-3679602)
- Tax period
- 2012-10-01 to 2013-09-30
- Filed
- 2014-05-15
- IRS object ID
- 201411359349308676
- Schema version
- 2012v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-15T15:49:41-05:00 | Timestamp |
| Tax Period End Date | 2013-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GUNNCHAMBERLAIN PL | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4350 PABLO PROFESSIONAL CT STE 200 | AddressLine1 |
| City | JACKSONVILLE | City |
| State | FL | State |
| ZIP Code | 322243224 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 593679602 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEAVER STREET ENTERPRISE | BusinessNameLine1 |
| Business Name Line2 | CENTER INC | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BEAV | NameControl |
| Phone | 9043550000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1225 W BEAVER STREET | AddressLine1 |
| City | JACKSONVILLE | City |
| State | FL | State |
| ZIP Code | 32204 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FREDERICK BLUM | Name |
| Title | OFFICER | Title |
| Phone | 9043550000 | Phone |
| Date Signed | 2014-05-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARSHALL D GUNN JR | Name |
| Phone | 9042962024 | Phone |
| Date Prepared | 2014-05-15 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | FREDERICK BLUM | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1131 NORTH LAURA STREET | AddressLine1 |
| City | JACKSONVILLE | City |
| State | FL | State |
| ZIP Code | 32204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1197548 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.BSECENTER.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2000 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | THE MISSION OF BEAVER STREET ENTERPRISE CENTER, INC. IS TO STIMULATE ECONOMIC GROWTH THROUGH ENTREPRENEURIAL DEVELOPMENT. TO ACHIEVE THIS MISSION, THE ENTERPRISE CENTER RECRUITS, TRAINS AND NURTURES ENTRPRENEURIAL TALENT TO FUEL GROWTH, CREATE WEALTH AND ENCOURAGE REINVESTMENT IN OUR COMMUNITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 13 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 7 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 753299 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1024110 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 224 | InvestmentIncomePriorYear |
| Investment Income Current Year | 524 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -202721 | OtherRevenuePriorYear |
| Other Revenue Current Year | -327429 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 550802 | TotalRevenuePriorYear |
| Total Revenue Current Year | 697205 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 270026 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 245201 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 52314 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 499028 | OtherExpensePriorYear |
| Other Expenses Current Year | 689598 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 769054 | TotalExpensesPriorYear |
| Total Expenses Current Year | 934799 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -218252 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -237594 | RevenuesLessExpensesCY |
| Total Assets BOY | 368017 | TotalAssetsBOY |
| Total Assets EOY | 393883 | TotalAssetsEOY |
| Total Liabilities BOY | 339868 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 603325 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 28149 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -209442 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSION OF BEAVER STREET ENTERPRISE CENTER, INC. IS TO STIMULATE ECONOMIC GROWTH THROUGH ENTREPRENEURIAL DEVELOPMENT. TO ACHIEVE THIS MISSION, THE ENTERPRISE CENTER RECRUITS, TRAINS AND NURTURES ENTRPRENEURIAL TALENT TO FUEL GROWTH, CREATE WEALTH AND ENCOURAGE REINVESTMENT IN OUR COMMUNITY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 699056 | Expense |
| Description | PROVIDING SMALL START-UP ORGANIZATIONS A COST EFFECTIVE FACILITY WITH ONGOING TRAINING AND COUNSELING TO HELP THE SMALL BUSINESSES THRIVE AND BECOME PROFITABLE BUSINESSES THAT CAN GIVE BACK TO THE COMMUNITY. | Description |
| Total Program Service Expense | 699056 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 1 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | false | ComplianceWithBackupWitholding |
| Number Of Employees | 7 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 13 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | false | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | false | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | FREDERICK M BLUM | NamePerson |
| Telephone Number | 9043550000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1131 NORTH LAURA STREET | AddressLine1 |
| City | JACKSONVILLE | City |
| State | FL | State |
| ZIP Code | 32206 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (13 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|
| FREDERICK M BLUM | |||||
| OFFICER | 1.00 | X | 0 | 0 | 0 |
| JOAN BONNETTE | |||||
| OFFICER | 1.00 | X | 0 | 0 | 0 |
| JANICE WILLIAMS DONALDSON | |||||
| OFFICER | 1.00 | X | 0 | 0 | 0 |
| HENRY JOHNSON JR | |||||
| OFFICER | 1.00 | X | 0 | 0 | 0 |
| GRAEME NICHOL | |||||
| OFFICER | 1.00 | X | 0 | 0 | 0 |
| DEBORAH THOMPSON | |||||
| OFFICER | 1.00 | X | 0 | 0 | 0 |
| BRIAN BARQUILLA | |||||
| OFFICER | 1.00 | X | 0 | 0 | 0 |
| JOE WHITAKER | |||||
| OFFICER | 1.00 | X | 0 | 0 | 0 |
| SHAHAB DERAZI | |||||
| OFFICER | 1.00 | X | 0 | 0 | 0 |
| JOHN DIETZEN | |||||
| OFFICER | 1.00 | X | 0 | 0 | 0 |
| BRUCE R JONES | |||||
| OFFICER | 1.00 | X | 0 | 0 | 0 |
| PAUL D STALLINGS | |||||
| OFFICER | 1.00 | X | 0 | 0 | 0 |
| JOE T PALERMO | |||||
| OFFICER | 1.00 | X | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Government Grants | 912562 | GovernmentGrants |
| All Other Contributions | 111548 | AllOtherContributions |
| Noncash Contributions | 4811 | NoncashContributions |
| Total Contributions | 1024110 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 524 | TotalRevenueColumn |
| Exclusion | $524 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 172914 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 500343 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -327429 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -327429 | TotalRevenueColumn |
| Exclusion | -$327,429 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 697205 | TotalRevenueColumn |
| Exclusion | -$326,905 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 214330 | Total |
| Program Services | 117881 | ProgramServices |
| Management And General | 75016 | ManagementAndGeneral |
| Fundraising | 21433 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11139 | Total |
| Program Services | 6126 | ProgramServices |
| Management And General | 3899 | ManagementAndGeneral |
| Fundraising | 1114 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19732 | Total |
| Program Services | 10853 | ProgramServices |
| Management And General | 6906 | ManagementAndGeneral |
| Fundraising | 1973 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 579191 | Total |
| Program Services | 503472 | ProgramServices |
| Management And General | 58966 | ManagementAndGeneral |
| Fundraising | 16753 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2041 | Total |
| Program Services | 1123 | ProgramServices |
| Management And General | 714 | ManagementAndGeneral |
| Fundraising | 204 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108366 | Total |
| Program Services | 59601 | ProgramServices |
| Management And General | 37928 | ManagementAndGeneral |
| Fundraising | 10837 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 934799 | Total |
| Program Services | 699056 | ProgramServices |
| Management And General | 183429 | ManagementAndGeneral |
| Fundraising | 52314 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 400 | BOY |
| EOY | 74341 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20485 | BOY |
| EOY | 28694 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6433 | BOY |
| EOY | 30113 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1380977 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1133644 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 340699 | BOY |
| EOY | 247333 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 13402 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 368017 | BOY |
| EOY | 393883 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50071 | BOY |
| EOY | 49769 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 289797 | BOY |
| EOY | 553556 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 339868 | BOY |
| EOY | 603325 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28149 | BOY |
| EOY | -209442 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28149 | BOY |
| EOY | -209442 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 368017 | BOY |
| EOY | 393883 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -237594 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 3 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | false | FSAudited |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 506372 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 584618 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 493603 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 753299 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1024110 | CurrentTaxYear |
| Total | 3362002 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 506372 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 584618 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 493603 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 753299 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1024110 | CurrentTaxYear |
| Total | 3362002 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 3362002 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 243463 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 226839 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 210431 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 181931 | CurrentTaxYearMinus1Year |
| Current Tax Year | 173438 | CurrentTaxYear |
| Total | 1036102 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 243463 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 226839 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 210431 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 181931 | CurrentTaxYearMinus1Year |
| Current Tax Year | 173438 | CurrentTaxYear |
| Total | 1036102 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 749835 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 811457 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 704034 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 935230 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1197548 | CurrentTaxYear |
| Total | 4398104 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.76440 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.73760 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.24000 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.26000 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| FMI NOTE PAYABLE | $543,612 |
| REFUNDABLE/TENANT DEPOSITS | $9,236 |
| ACCRUED PAYABLES | $708 |
| DUE TO RELATED ENTITY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 553556 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 697205 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 697205 | RevenueSubtotal |
| Total Revenue Per Form990 | 697205 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 934796 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 934796 | ExpensesSubtotal |
| Other Expenses Not Included | 3 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 3 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 934799 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER | Identifier |
| Return Reference | SCHEDULE D, PAGE 4, PART XII, LINE 4B | ReturnReference |
| Explanation | BOOK / TAX DEPRECIATION DIFFERENCE 3 | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | THE MISSION OF BEAVER STREET ENTERPRISE CENTER, INC. IS TO STIMULATE ECONOMIC GROWTH THROUGH ENTREPRENEURIAL DEVELOPMENT. TO ACHIEVE THIS MISSION, THE ENTERPRISE CENTER RECRUITS, TRAINS AND NURTURES ENTRPRENEURIAL TALENT TO FUEL GROWTH, CREATE WEALTH AND ENCOURAGE REINVESTMENT IN OUR COMMUNITY. |
| DECISIONS SUBJECT TO APPROVAL OF MEMBERS | FORM 990, PAGE 6, PART VI, LINE 7B | MANAGEMENT AND ACCOUNTING PREPARE A BUDGET, BUDGET IS BROUGHT TO THE BOARD FOR DISCUSSION, CHANGES ARE MADE (IF NEEDED), AND THEN VOTED UPON. NEW PROJECTS ARE PRESENTED TO THE BOARD FOR APPROVAL OR DENIAL. EACH IS RECORDED IN THE BOARD'S MINUTES. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | FORM 990 IS SUBMITTED TO THE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | ANNUAL REVIEWS ARE PREPARED BY FRESH MINISTRIES, INC. AND THE BOARD. COMPENSATION AMOUNTS ARE PROPOSED BY FRESH MINISTRIES AND PRESENTED TO THE BOARD FOR DISCUSSION AND THEN VOTED UPON. ACTIONS ARE DOCUMENTED IN THE BOARD'S MINUTES. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | ANNUAL REVIEWS ARE PREPARED BY FRESH MINISTRIES, INC. AND THE BOARD. FRESH MINISTRIES PROPOSES COMPENSATION AMOUNTS THAT ARE REVIEWED AND VOTED UPON BY THE BOARD. ACTIONS OF THE BOARD ARE RECORDED IN THE BOARD'S MINUTES. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE UPON REASONABLE REQUEST. |
| OTHER FEES FOR SERVICES | FORM 990, PART IX, LINE 11G | BAD DEBT 1,967 0 0 BANK CHARGES 618 333 -1 PASSTHROUGH GRANTS 408,750 0 0 JANITORIAL EXPENSE 1,075 684 196 EQUIPMENT RENTS 91,063 57,949 16,557 |
| RECONCILIATION OF CHANGES - OTHER | FORM 990, PART XI, LINE 9 | BOOK / TAX DEPRECIATION DIFFERENCE 3 |
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