2024-05-14T10:59:05-04:00 2023-12-31 383205662 LEWIS & KNOPF CPAS 5206 GATEWAY CENTRE SUITE 100 FLINT MI 48507 990 2023-01-01 383602558 BEEHIVEFUND CORPORATION BEEH 2814367327 3726 W BENDERS LANDING BLVD SPRING TX 77386 SANJU PATRO PRESIDENT 8063179779 2024-05-13 true SANJU PATRO 999009999 false AKSHAY KAPOOR P01393935 8102384617 2024-05-14 2023 2023-04-26 12:10:37Z MICHAEL SANDERS 3726 W BENDERS LANDING BLVD SPRING TX 77386 625607 false X WWW.BEHIVEFUND.ORG X 2001 MI IT IS BEEHIVEFUND'S MISSION TO ASSIST SMALL BUSINESSES ACHIEVE CULTURAL, OPERATIONAL, AND FINANCIAL IMPROVEMENTS IN THE SHORTEST PERIOD OF TIME WHILE INCREASING MORALE AND PRODUCTIVITY OF THE WORKFORCE BY DEPLOYING OUR INNOVATIVE APPROACH CALLED "PRODUCT CENTRIC FLOW-THROUGH SYSTEM- AND PRACTICING QUANTUM LEAN AS THE FOUNDATION OF ORGANIZATIONAL SYSTEM IMPROVEMENT. THROUGH THIS MISSION, BEEHIVEFUND HELPS SMALL BUSINESSES ACHIEVE PROFITABLE GROWTH WHILE RETAINING EMPLOYEES AND HIRING ADDITIONAL EMPLOYEES. 5 4 4 0 823 43 900949 625393 50 171 0 901822 625607 0 0 698307 688449 0 0 177639 92492 875946 780941 25876 -155334 357418 198626 14510 11052 342908 187574 X IT IS BEEHIVEFUND'S MISSION TO ASSIST SMALL BUSINESSES ACHIEVE CULTURAL, OPERATIONAL, AND FINANCIAL IMPROVEMENTS IN THE SHORTEST PERIOD OF TIME WHILE INCREASING MORALE AND PRODUCTIVITY OF THE WORKFORCE BY DEPLOYING OUR INNOVATIVE APPROACH CALLED "PRODUCT CENTRIC FLOW-THROUGH SYSTEM- AND PRACTICING QUANTUM LEAN AS THE FOUNDATION OF ORGANIZATIONAL SYSTEM IMPROVEMENT. THROUGH THIS MISSION, BEEHIVEFUND HELPS SMALL BUSINESSES ACHIEVE PROFITABLE GROWTH WHILE RETAINING EMPLOYEES AND HIRING ADDITIONAL EMPLOYEES. false false 780941 625393 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. 780941 true false false false false false false false false false true false false true true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 2 0 4 true false false false false false false false false false false false false false false X 5 4 true false false false false false false true true false false true true true true false false true false false X SANJU PATRO 2814367327 3726 W BENDERS LANDING BLVD SPRING TX 77386 SANJU PATRO PRESIDENT 48.00 X X 194463 0 0 MICHAEL SANDERS DIRECTOR 40.00 X X 188250 0 0 VICTOR PERAZZOLI EMPLOYEE 40.00 X 107474 0 0 MORA FRANCELLY EMPLOYEE 40.00 X 105833 0 0 STEVE ANDERSON SECRETARY 3.00 X X 0 0 0 JOHN MCCAUSLAND DIRECTOR 4.50 X 0 0 0 AL SAMMANN TREASURER 2.50 X X 0 0 0 MIKE SMITH BOARD CHAIRM 5.50 X 0 0 0 MEHRAN TAHMASSEBI DIRECTOR 2.00 X 0 0 0 596020 4 false true false 43 43 SERVICE FEES 625393 625393 625393 171 171 625607 625393 171 382713 382713 213307 213307 50697 50697 41732 41732 372 372 4879 4879 1192 1192 68837 68837 CONTRACT SERVICES-ADMIN 11350 11350 CONTRACTORS-PROGRAMS 5666 5666 EQUIPMENT 148 148 BANK SERVICE CHARGES-PROG 48 48 780941 780941 0 0 283938 172037 63480 16589 11023 11023 10000 10000 357418 198626 14510 11052 14510 11052 X 342908 187574 342908 187574 357418 198626 -155334 X false false X 463215 627392 249454 823 43 1340927 463215 627392 249454 823 43 1340927 1340927 38 48 50 171 307 1341234 2552001 0.99980 0.99990 X 11023 11023 OTHER ASSETS 10000 10000 PAYROLL LIABILITY PAYABLE 11052 11052 X false false false false false false false false false SANJU PATRO PRESIDENT 194463 194463 MICHAEL SANDERS DIRECTOR 188250 188250 FORM 990 - ORGANIZATION'S MISSION IT IS BEEHIVEFUND'S MISSION TO ASSIST SMALL BUSINESSES ACHIEVE CULTURAL, OPERATIONAL, AND FINANCIAL IMPROVEMENTS IN THE SHORTEST PERIOD OF TIME WHILE INCREASING MORALE AND PRODUCTIVITY OF THE WORKFORCE BY DEPLOYING OUR INNOVATIVE APPROACH CALLED "PRODUCT CENTRIC FLOW-THROUGH SYSTEM- AND PRACTICING QUANTUM LEAN AS THE FOUNDATION OF ORGANIZATIONAL SYSTEM IMPROVEMENT. THROUGH THIS MISSION, BEEHIVEFUND HELPS SMALL BUSINESSES ACHIEVE PROFITABLE GROWTH WHILE RETAINING EMPLOYEES AND HIRING ADDITIONAL EMPLOYEES. FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS HAVE EXPERIENCE IN MANUFACTURING AND SERVICE BUSINESS IMPROVEMENT, ADVANCED INTERNET TECHNOLOGY, ARTIFICIAL INTELLIGENCE, AND PRODUCTION SYSTEM OPTIMIZATION. THEY ASSIST BEEHIVEFUND PERSONNEL AND CONSULTANTS IN PROVIDING THE SAME SERVICES TO ITS CLIENTS IN FURTHERANCE OF BEEHIVEFUND'S MISSION. FORM 990, PAGE 2, PART III, LINE 4A 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. FORM 990, PAGE 6, PART VI, LINE 2 SANJU PATRO MICHAEL S. SANDERS PRESIDENT KEY EMPLOYEE SPOUSE FORM 990, PAGE 6, PART VI, LINE 11B PRESIDENT OF BEEHIVEFUND CORPORATION WILL REVIEW FORM 990 BEFORE FILING AND PRESENT FORM 990 TO THE BOARD FOR ITS APPROVAL. FORM 990, PAGE 6, PART VI, LINE 12C A WRITTEN CONFLCT OF INTEREST POLICY IS CONTAINED IN THE EMPLOYEE HANDBOOK/OPERATIONAL CONDUCT DOCUMENT WHICH IS SIGNED BY ALL EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE PRESIDENT IS DETERMINED AND APPROVED BY THE BOARD AFTER CONSIDERATION OF OTHER NOT-FOR-PROFIT COMPENSATION PACKAGES IN COMPARATIVE REGIONS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.