BEAVER STREET ENTERPRISE CENTER INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- BEAVER STREET ENTERPRISE CENTER INC (EIN 59-3679602)
- Tax period
- 2024-10-01 to 2025-09-30
- Filed
- 2026-04-09
- IRS object ID
- 202610999349300231
- Schema version
- 2024v5.0
- 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) |
|---|---|---|
| Return | 2026-04-09T11:17:11-04:00 | ReturnTs |
| Tax Period End | 2025-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 461645105 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SWINDELL BOHN DURDEN & PHILLIPS PL | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3560 SOUTH THIRD STREET | AddressLine1Txt |
| City | JACKSONVILLE BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32250 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 593679602 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEAVER STREET ENTERPRISE CENTER INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BEAV | BusinessNameControlTxt |
| Phone | 9043550000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1225 W BEAVER STREET | AddressLine1Txt |
| City | JACKSONVILLE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32204 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DR ROBERT V LEE III | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 9043550000 | PhoneNum |
| Signature | 2026-04-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TRAVIS B WILSON CPA | PreparerPersonNm |
| PTIN | P00951473 | PTIN |
| Phone | 9042418176 | PhoneNum |
| Preparation | 2026-04-09 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR ROBERT V LEE III | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1311 WENTWORTH AVE | AddressLine1Txt |
| City | JACKSONVILLE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32207 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $369,499 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BSCENTER.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2004 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF BEAVER STREET ENTERPRISE CENTER, INC. IS TO STIMULATE ECONOMIC GROWTH THROUGH ENTREPENEURIAL DEVELOPMENT. TO ACHIEVE THIS MISSION, THE ENTERPRISE CENTER RECRUITS, TRAINS AND NURTURES ENTREPRENEURIAL TALENT TO FUEL GROWTH, CREATE WEALTH AND ENCOURAGE REINVESTMENT IN OUR COMMUNITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $57,539 | PYContributionsGrantsAmt |
| CY Contributions Grants | $22,630 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $392,607 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $346,869 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $450,146 | PYTotalRevenueAmt |
| CY Total Revenue | $369,499 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $186,585 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $177,730 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $292,256 | PYOtherExpensesAmt |
| CY Other Expenses | $239,984 | CYOtherExpensesAmt |
| PY Total Expenses | $478,841 | PYTotalExpensesAmt |
| CY Total Expenses | $417,714 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$28,695 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$48,215 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $287,859 | TotalAssetsBOYAmt |
| Total Assets EOY | $294,460 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,274,079 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,328,895 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$986,220 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$1,034,435 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF BEAVER STREET ENTERPRISE CENTER, INC. IS TO STIMULATE ECONOMIC GROWTH THROUGH ENTREPENEURIAL DEVELOPMENT. TO ACHIEVE THIS MISSION, THE ENTERPRISE CENTER RECRUITS, TRAINS AND NURTURES ENTREPRENEURIAL TALENT TO FUEL GROWTH, CREATE WEALTH AND ENCOURAGE REINVESTMENT IN OUR COMMUNITY. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $403,458 | ExpenseAmt |
| Revenue | $346,869 | RevenueAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 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. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $403,458 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 1 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 3 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | false | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DR ROBERT V LEE III | PersonNm |
| Phone | 9043550000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1311 WENTWORTH AVENUE | AddressLine1Txt |
| City | JACKSONVILLE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32207 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| DR ROBERT V LEE III | ||||||
| OFFICER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| PAT BLANCHARD | ||||||
| OFFICER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BRENDA BOYDSTON | ||||||
| OFFICER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CORD BUTLER | ||||||
| OFFICER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DEBRA DIXON | ||||||
| OFFICER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| FRANCES FISHER | ||||||
| OFFICER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| HANAN FURQAN | ||||||
| OFFICER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RICHARD STEIN JR | ||||||
| OFFICER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KEVIN MONAHAN | ||||||
| OFFICER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MONIQUE TERRY-EVANS | ||||||
| OFFICER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GLENDA TORRES | ||||||
| OFFICER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BRIAN WILLIAMS | ||||||
| OFFICER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $22,630 | GovernmentGrantsAmt |
| Total Contributions | $22,630 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|
| RENTAL INCOME | $323,860 | $323,860 |
| OTHER INCOME | $23,009 | $23,009 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $346,869 | TotalProgramServiceRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $369,499 | TotalRevenueColumnAmt |
| Exclusion | $346,869 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $165,273 | TotalAmt |
| Program Services | $165,273 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,457 | TotalAmt |
| Program Services | $12,457 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,400 | TotalAmt |
| Program Services | $20,051 | ProgramServicesAmt |
| Management And General | $1,349 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,035 | TotalAmt |
| Program Services | $95,035 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $774 | TotalAmt |
| Program Services | $774 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,640 | TotalAmt |
| Program Services | $19,640 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,779 | TotalAmt |
| Management And General | $2,779 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| MAINTENANCE | $41,437 | $41,437 | |
| OVERHEAD | $31,677 | $29,076 | $2,601 |
| PROFESSIONAL FEES | $14,400 | $14,400 | |
| EQUIPMENT LEASES | $6,382 | $6,382 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,460 | TotalAmt |
| Program Services | $5,315 | ProgramServicesAmt |
| Management And General | $1,145 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $417,714 | TotalAmt |
| Program Services | $403,458 | ProgramServicesAmt |
| Management And General | $14,256 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,597 | BOYAmt |
| EOY | $31,423 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,244 | BOYAmt |
| EOY | $42,659 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,194,350 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,973,972 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $237,861 | BOYAmt |
| EOY | $220,378 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,157 | BOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $287,859 | BOYAmt |
| EOY | $294,460 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,209 | BOYAmt |
| EOY | $13,180 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,956 | BOYAmt |
| EOY | $14,209 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,188,914 | BOYAmt |
| EOY | $1,301,506 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,274,079 | BOYAmt |
| EOY | $1,328,895 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$986,220 | BOYAmt |
| EOY | -$1,034,435 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$986,220 | BOYAmt |
| EOY | -$1,034,435 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $287,859 | BOYAmt |
| EOY | $294,460 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$48,215 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $214,932 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $175,108 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $184,855 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $57,539 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,630 | CurrentTaxYearAmt |
| Total | $655,064 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $289,017 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $313,041 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $410,604 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $392,607 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $346,869 | CurrentTaxYearAmt |
| Total | $1,752,138 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $503,949 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $488,149 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $595,459 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $450,146 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $369,499 | CurrentTaxYearAmt |
| Total | $2,407,202 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $2,407,202 | PublicSupportTotal509Amt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $503,949 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $488,149 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $595,459 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $450,146 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $369,499 | CurrentTaxYearAmt |
| Total | $2,407,202 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 1.00000 | PublicSupportCY509Pct |
| Public Support PY509 | 1.00000 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $424,477 | OtherCostOrOtherBasisAmt |
| Depreciation | $206,528 | DepreciationAmt |
| Book Value | $217,949 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $108,678 | OtherCostOrOtherBasisAmt |
| Depreciation | $108,678 | DepreciationAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,661,195 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,658,766 | DepreciationAmt |
| Book Value | $2,429 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $220,378 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO RELATED PART | $1,265,168 |
| PREPAID RENT | $36,338 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,301,506 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $369,499 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $369,499 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $369,499 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $417,714 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $417,714 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $417,714 | TotalExpensesPerForm990Amt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE MISSION OF BEAVER STREET ENTERPRISE CENTER, INC. IS TO STIMULATE ECONOMIC GROWTH THROUGH ENTREPENEURIAL DEVELOPMENT. TO ACHIEVE THIS MISSION, THE ENTERPRISE CENTER RECRUITS, TRAINS AND NURTURES ENTREPRENEURIAL TALENT TO FUEL GROWTH, CREATE WEALTH AND ENCOURAGE REINVESTMENT IN OUR COMMUNITY. |
| FORM 990, PAGE 2, PART III, LINE 4D | 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. |
| 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 BOARDS MINUTES. |
| FORM 990, PAGE 6, PART VI, LINE 11B | FORM 990 IS SUBMITTED TO THE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING. |
| 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. |
| FORM 990, PAGE 6, PART VI, LINE 15B | ANNUAL REVIEWS ARE PREPARED BY FRESH MINISTRIES, INC. AND THE BOARD. FRESH MINISTRIES PROPOSED COMPENSATION AMOUNTS THAT ARE REVIEWED AND VOTED UPONBY THE BOARD. ACTIONS OF THE BOARD ARE RECORDED IN THE BOARD'S MINUTES. |
| FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE UPON REASONABLE REQUEST |
Comments