nonprofit logo

Malt Beverage Educational Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 611332086 ✦ Frankfort, KY ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Malt Beverage Educational Corp?

Malt Beverage Educational Corp is a nonprofit organization situated in Frankfort, Kentucky, specifically at 302 Shelby Street, 40601. Their primary mission is to educate the citizens of Kentucky about responsible alcohol consumption to prevent underage drinking. They offer financial support to high schools across Kentucky through education grants. Each eligible high school can apply for a $500 grant, which they must utilize to fund special activities, such as prom and graduation events, that promote responsible alcohol use among students. Additionally, colleges have the opportunity to apply for special awards from the organization.


Official website here: www.kymbec.com

Is Malt Beverage Educational Corp legitimate?

Malt Beverage Educational Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Malt Beverage Educational Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.kymbec.com

What is the mission statement of Malt Beverage Educational Corp?

Malt Beverage Educational Corp's mission is centered around promoting responsible alcohol consumption and preventing underage drinking. They achieve this by offering educational grants to high schools and colleges in Kentucky. These funds are utilized to organize special events, such as prom and graduation activities, aimed at educating students about responsible alcohol use. The corporation encourages institutions to apply for these grants either online or in writing, thereby promoting awareness and responsible behavior in the context of alcohol consumption among the youth.


Official website here: www.kymbec.com

Who is the CEO of Malt Beverage Educational Corp?

Tate Russell is the President of Malt Beverage Educational Corp.


Official website here: www.kymbec.com

What is the revenue of Malt Beverage Educational Corp?

Malt Beverage Educational Corp's revenue in 2023 was $107,696.


Official website here: www.kymbec.com

Who are the executives of Malt Beverage Educational Corp and what are their salaries?

There 30 volunteers at Malt Beverage Educational Corp.


Here are 9 key members and their salaries:


Tate Russell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Renzi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Clark (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Doering (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Jakubowski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Gray (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Fields (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allyson Taylor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kymbec.com

Where can I find the form 990 for Malt Beverage Educational Corp?

Malt Beverage Educational Corp's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.kymbec.com

Learn more at the official website: www.kymbec.com

Mission Statement of Malt Beverage Educational Corp

Malt Beverage Educational Corp, a notable organization, is committed to educating the citizens of Kentucky about responsible alcohol consumption and preventing underage drinking. The primary mission of this nonprofit is to spread awareness and promote responsible alcohol use among high school students through special activities during prom and graduation events. To achieve this goal, the organization offers eligible high schools in Kentucky a grant of $500. Schools can apply for these grants either online or in writing at the organization's business office. The funds received from these grants should be utilized to organize educational activities that promote responsible alcohol use. In addition, colleges in Kentucky can also apply for special awards. By undertaking these initiatives, Malt Beverage Educational Corp aims to instill responsible drinking habits and discourage underage consumption in the youth of Kentucky.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Malt Beverage Educational Corp plays a crucial role in promoting responsible alcohol consumption and combating underage drinking in Kentucky. By providing educational grants of $500 to every high school in the state, they enable institutions to implement programs that directly address these issues. The funding can be utilized for special prom and graduation activities, ensuring that students engage with important topics surrounding responsible alcohol use in a relevant and impactful manner.

In addition to high schools, colleges also have the opportunity to apply for special awards, expanding the organization's reach and influence among young adults. This fosters a culture of awareness and responsibility regarding alcohol consumption, encouraging healthier choices among the youth population. Overall, Malt Beverage Educational Corp significantly contributes to the education and empowerment of Kentucky citizens, advocating for safer drinking behaviors and providing necessary resources to facilitate this important conversation in schools.




This information is meant to be a general summary of Malt Beverage Educational Corp. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$107,696 (2023)
Expenses
$83,489 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $896
  • Gross Receipts: $107,696

Assets and Liabilities:

  • Total Assets: $293,783
  • Total Liabilities: $175
  • Net Assets: $293,608

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

1998

Principal Officer

Tate Russell

Main Address

302 SHELBY STREET, FRANKFORT, KY, 40601

NTEE Category

Code: B99 - Education

If you are a representative of Malt Beverage Educational Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.