Boulder Crest Foundation
- Assets
- $39.9m
- Revenue
- $16.9m
- Investments
- $0.0
- Employees
- 60
- Location
- Bluemont, VA
- Founding
- 02/2011
- Data as of
- 12/2023
- EIN
- 27-3228310
Organization Overview
Boulder Crest Foundation is located in Bluemont, VA. The organization was established in 2011. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2023, Boulder Crest Foundation employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boulder Crest Foundation 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 12/2023, Boulder Crest Foundation generated $16.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 28.2% each year . All expenses for the organization totaled $13.1m during the year ending 12/2023. While expenses have increased by 24.3% per year over the past 9 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.
Since 2019, Boulder Crest Foundation has awarded 55 individual grants totaling $56,433,928. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BOULDER CREST FOUNDATION'S MISSION IS TO FACILITATE POSTTRAUMATIC GROWTH THROUGH TRANSFORMATIVE PROGRAMS, WORLD-CLASS TRAINING, EDUCATION INITIATIVES, RESEARCH, AND ADVOCACY EFFORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOULDER CREST FOUNDATION IS A 501(C)3 NON-PROFIT ORGANIZATION THAT USES THE PROVEN SCIENCE OF POSTTRAUMATIC GROWTH TO HELP, TRAIN, AND ADVOCATE FOR COMBAT VETERANS, FIRST RESPONDERS, AND THEIR FAMILIES WHO HAVE EXPERIENCED TRAUMATIC STRESS. WE DEVELOP, DELIVER, AND SCALE TRANSFORMATIVE PROGRAMS TO ENSURE THESE REMARKABLE MEN AND WOMEN TRANSFORM STRUGGLE INTO STRENGTH AND LIFELONG GROWTH, SO THEY CAN LIVE THE GREAT LIVES THEY DESERVE. MORE BROADLY, WE ARE WORKING TO IMPROVE OUTCOMES FOR VETERANS AND FIRST RESPONDERS THROUGH TRAINING THAT TEACHES INDIVIDUALS HOW TO LIVE HEALTHY AND FULFILLING LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Falke Chairman | OfficerTrustee | 30 | $0 |
Fred Malek Vice Chairman | OfficerTrustee | 2 | $0 |
Robert Assenmacher Director | Trustee | 2 | $0 |
James Ball Director | Trustee | 2 | $0 |
Jane-Scott Cantus Director | Trustee | 2 | $0 |
John Dubia Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Boundless Leadership Consulting Llc 1st Responder Initiative/struggle Well | 12/30/23 | $295,985 |
Richard Tedeschi Program Support | 12/30/23 | $112,000 |
Bret Moore Program Support | 12/30/23 | $111,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $890,347 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,070,697 |
| Noncash contributions included in lines 1a–1f | $163,345 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,961,044 |
| Total Program Service Revenue | $95,895 |
| Investment income | $391,263 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$63,884 |
| Net Income from Fundraising Events | $402,547 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $119,391 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,923,809 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $786,501 |
| Compensation of current officers, directors, key employees. | $234,599 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,931,625 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $403,074 |
| Payroll taxes | $282,221 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,286 |
| Fees for services: Accounting | $29,800 |
| Fees for services: Lobbying | $55,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $117,070 |
| Advertising and promotion | $0 |
| Office expenses | $348,180 |
| Information technology | $332,490 |
| Royalties | $0 |
| Occupancy | $121,161 |
| Travel | $93,911 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $138,883 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $729,989 |
| Insurance | $110,377 |
| All other expenses | $619,473 |
| Total functional expenses | $13,114,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,582,398 |
| Savings and temporary cash investments | $60,754 |
| Pledges and grants receivable | $45,000 |
| Accounts receivable, net | $390,328 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $500 |
| Prepaid expenses and deferred charges | $447,541 |
| Net Land, buildings, and equipment | $15,574,820 |
| Investments—publicly traded securities | $19,733,818 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $24,837 |
| Other assets | $0 |
| Total assets | $39,859,996 |
| Accounts payable and accrued expenses | $650,405 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $650,405 |
| Net assets without donor restrictions | $38,805,691 |
| Net assets with donor restrictions | $403,900 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $39,859,996 |
Grants Awarded
Over the last fiscal year, Boulder Crest Foundation has awarded $32,883,066 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
MIBH PURPOSE: TRAUMATIC BRAIN INJURY CENTER EXPANSION PARTNER | $1,525,946 |
CAMP SOUTHERN GROUND PURPOSE: WARRIOR PATHH EXPANSION PARTNER | $600,000 |
BIG RED BARN (SC) PURPOSE: WARRIOR PATHH EXPANSION PARTNER | $600,000 |
JEFFERSON UNIV PURPOSE: TRAUMATIC BRAIN INJURY CENTER EXPANSION PARTNER | $785,587 |
UNC CHAPEL HILL PURPOSE: TRAUMATIC BRAIN INJURY CENTER EXPANSION PARTNER | $2,500,000 |
TRAVIS MILLS FOUNDATION PURPOSE: WARRIOR PATHH EXPANSION PARTNER | $600,000 |