Broadwater Academy Foundation

Organization Overview

Broadwater Academy Foundation is located in Exmore, VA. The organization was established in 2012. 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. Broadwater Academy 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 06/2022, Broadwater Academy Foundation generated $38.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $75.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S MISSION IS TO RAISE, MANAGE AND DISTRIBUTE FUNDS SOLELY FOR THE BENEFIT OF THE STUDENTS OF BROADWATER ACADEMY AND FOR THE IMPROVEMENTS TO THE BROADWATER ACADEMY EDUCATION, ENVIRONMENT, INCLUDING BUT NOT LIMITED TO, PROGRAM ENHANCEMENTS, TECHNOLOGICAL IMPROVEMENTS, FACILITIES ENRICHMENT, AND SCHOLARSHIPS FOR STUDENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SCHOLARSHIP AND OPERATING GRANTS TO BROADWATER ACADEMY


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Board, Officers & Key Employees

Name (title)Compensation
Pamela Von Eiff-Turner
Chair
$0
Daniel A Brown
Vice Chair
$0
Martha S Sutherland
Secretary
$0
Jon Wehner
Treasurer
$0
Brent Anderson
Director
$0
Kenneth R Blair
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $24,241
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $14,268
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $38,509

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