Breman Educational Foundation Inc
- Assets
- $459.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bremen, GA
- Founding
- 09/2004
- Data as of
- 06/2023
- EIN
- 04-3612705
Organization Overview
Breman Educational Foundation Inc is located in Bremen, GA. The organization was established in 2004. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Breman Educational Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Breman Educational Foundation Inc generated $102.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $77.5k during the year ending 06/2023. While expenses have increased by 5.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF EDUCATION IN THE BREMEN CITY SCHOOL SYSTEM, PRESERVE AND INCREASE ACCESS TO OUR SYSTEM'S UNIQUE HERITAGE, PROMOTE BROAD BASED PARTICIPATION IN THE ARTS AND CULTURAL ACTIVITIES, IMPROVE CHILDREN'S READINESS TO LEARN AND SUCCEED IN SCHOOL, INCREASE LITERACY, TO ACT AS FISCAL AGENT FOR DONORS WHO WISH TO SPONSOR PROJECTS, TEACHERS, AND STUDENTS, TO GRANT SCHOLARSHIPS FOR GRADUATES.
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION PROVIDED FUNDS FOR A SCHOOL PAVILION, PLAQUES FOR SCHOOL AWARDS AND SUPPORT FOR THE FINE ARTS CENTER.
THE FOUNDATION GRANTED 31 SCHOLARSHIPS TO BREMEN HIGH SCHOOL GRADUATES.
THE FOUNDATION PROVIDED FUNDS REQUESTED BY VARIOUS TEACHERS FOR EDUCATIONAL IMPROVEMENTS IN THE CITY OF BREMEN ELEMENTARY, MIDDLE AND HIGH SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Pollard Chairman | 0 | $0 | |
Joanie Lowe Director | 0 | $0 | |
Jenny Elliot Director | 0 | $0 | |
Daniel Gore Director | 0 | $0 | |
Marcus Morgan Director | 0 | $0 | |
Kimberly Hodge Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,145 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,851 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,266 |
| Other Revenue | $0 |
| Total Revenue | $102,262 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2 |
| Other expenses | $7,214 |
| Total expenses | $77,512 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $459,049 |
| Other assets | $0 |
| Total assets | $459,049 |
| Total liabilities | $0 |
| Net assets or fund balances | $459,049 |
Grants Awarded
Over the last fiscal year, Breman Educational Foundation Inc has awarded $37,617 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BREMEN CITY SCHOOLS PURPOSE: McPherson-Able Keyboard Grant | $17,617 |
BREMEN HIGH SCHOOL PURPOSE: Band Uniforms | $20,000 |