Bravo Alpha Foundation is located in New Bern, NC. The organization was established in 2014. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bravo Alpha 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, Bravo Alpha Foundation generated $16.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (26.2%) each year. All expenses for the organization totaled $123.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL EVENTS SUPPORT THE FOUNDATION'S MISSION TO SUPPORT VETERANS AND FIRST RESPONDERS IN THEIR EFFORTS TO RECOVER FROM POST TRAUMATIC STRESS AND SELF DESTRUCTIVE ACTIONS
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $5,000 |
Interest on Savings | $12 |
Dividends & Interest | $573 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $399 |
Capital Gain Net Income | $399 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $10,191 |
Total Revenue | $16,175 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $13 |
Depreciation | $0 |
Occupancy | $45,386 |
Travel, conferences, and meetings | $5,939 |
Printing and publications | $0 |
Other expenses | $50,046 |
Total operating and administrative expenses | $118,383 |
Contributions, gifts, grants paid | $5,000 |
Total expenses and disbursements | $123,383 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,482 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $26,403 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $28,885 |
Accounts payable and accrued expenses | $194 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $194 |
Over the last fiscal year, Bravo Alpha Foundation has awarded $1,164 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
COLONIAL CAPITAL HUMANE SOCIETY PURPOSE: PROVIDE SHELTER FOR ABANDONED ANIMAL | $670 |
SUPPORTING PEACE PURPOSE: PROVIDING COMMUNITY PROGRAMS | $319 |
BRICES CREEK BIBLE CHURCH PURPOSE: COMMUNITY SUPPORT | $100 |
STOP SOLDIER SUICIDE PURPOSE: PREVENTION OF SOLDIER SUICIDE | $75 |