EIN 38-3602558

Beehivefund Corporation

IRS 501(c) type
501(c)(3)
Num. employees
4
City
State
Year formed
2001
Most recent tax filings
2023-12-01
Description
Beehivefund Corporation mentors small businesses with innovative "product C" approach to achieve cultural, operational, and financial improvements. Located in Spring, TX.
Also known as...
Tmac
Total revenues
$625,607
2023
Total expenses
$780,941
2023
Total assets
$198,626
2023
Num. employees
4
2023

Program areas at Beehivefund Corporation

Beehivefund extended their market served to include non- manufacturing organizations, minority-owned businesses, organizations outside the Texas gulf coast region and micro-businesses with less than 30 employees. Beehivefund has developed a proprietary approach to organizational improvement called "product centric flow-through system." Using this approach and implementing our proprietary quantum lean method, Beehivefund helps organizations to develop fundamental turnaround strategies, operational process improvements, and customer focused approaches to product development and market expansion. Numerous small businesses have received free-of-charge or minimal cost assistance from Beehivefund and deployed improvement strategies with great success. Beehivefund accomplishes this by by workforce development through training in a workshop format and consulting to develop or enhance fundamental turnaround strategies, operational process improvements, or customer focused approaches to product development and market expansion. Beehivefund's use of simulation applications allows it to create 3d models that simulate, predict and visualize systems in manufacturing, material handling, healthcare, warehousing, and logistics industries. Simulation applications help optimize current and planned processes, identify and decrease waste, reduce cost, and increase revenue. With Beehivefund's assistance, entrepreanuers, micro businesses, and small to medium sized enterprises (smes) are all able to grow rapidly and create more well-paying jobs in the respective communities. Additionally, Beehivefund partners with and collaborates with non-profit organizations, community colleges, and small business development centers (sbdc) to reach smes. A few such partners are: baker ripley, Texas gulf coast sbdc, my connect community, bayou micro fund, kiva, Texas hispanic construction association, projects matter, dify foundation, lone star college and wharton community college. Beehivefund Corporation, through expert business mentors, is dedicated to helping small businesses and start-ups get off the ground, grow and achieve their goals. Since inception we have provided education, training and mentorship to lots of entrepreneurs. Entrepreneurs can access free, confidential business mentoring in person or remotely via email, phone and video. Mentors meet with their small business clients on an ongoing basis to provide continued advice and support. Additional pertinent activities and partnership with other non-profits 1. We provided guidance/advice to startups/entrepreneurs/very small businesses who sent to us via our partner small business development center, website visits, and word of mouth. These services were provided at no charge. A.partnered with kiva, a 501(c)3 u.s. Nonprofit the enables crowdfunded microloans for entrepreneurs and small businesses. B.promoted bayou micro fund, a non-profit 501 (c) (3) Corporation that provides interest-free micro loans to under-served, un-bankable entrepreneurs. C.supported projects matter, a community impact support organization with technical assistance with their clients d.collaborated with Texas hispanic construction association (texhca) to support latino construction entrepreneurs with business coaching e.guided and assisted arena design with quickbooks, accounting, customer relations, inventory and production preparation processes. 2.partnered with and assisted baker ripley, a non-profit Corporation, in providing coaching, training, and consulting services to entrepreneurs, micro-, and small-businesses. 3.partnered with and assisted my connect community, a non-profit Corporation, in providing coaching, training, and consulting services to multiple entrepreneurs, micro-, and small-businesses. 4.provided consulting services to women-owned small business della casa pasta for expansion plans and ecommerce growth strategy. 5.beehivefund helps small businesses apply for the Texas state workforce grant, skills development funds (sdf) and provides them support with administrative and qualification process to obtain this grant. Among these activities, beehiveund assists small businesses to identify their training needs, designs course curriculum and content, and helps schedule employees of different ranks to attend these training courses. Additionally, Beehivefund partners with community colleges such as lone star college, houston community college, and wharton county junior college for managing the grant funds during the training process.

Who funds Beehivefund Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
AmazonSmile FoundationGeneral Support$41

Personnel at Beehivefund Corporation

NameTitleCompensation
Sanju PatroPresident$194,463
Michael SandersDirector$188,250
Steve AndersonSecretary$0
Al SammannTreasurer$0
Charles WhiteSecretary$0

Financials for Beehivefund Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$43
Program services$625,393
Investment income and dividends$171
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$625,607

Form 990s for Beehivefund Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-14990View PDF
2022-122023-10-11990View PDF
2021-122022-11-03990View PDF
2020-122021-06-17990View PDF
2019-122020-09-29990View PDF
...and 3 more Form 990s

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Data update history
August 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 13, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 2, 2022
Updated personnel
Identified 2 new personnel
Nonprofit Types
Employment organizationsBusiness and community development organizationsCharities
Issues
EducationBusiness and industry
Characteristics
State / local levelManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
3726 W Benders Landing Blvd
Spring, TX 77386
Metro area
Houston-The Woodlands-Sugar Land, TX
County
Montgomery County, TX
Website URL
beehivefund.org/ 
Phone
(281) 436-7327
IRS details
EIN
38-3602558
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
611430: Professional and Management Development Training
Parent/child status
Independent
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