Bravo Alpha Foundation
- Assets
- $231.6k
- Revenue
- $304.3k
- Investments
- $21.1k
- Employees
- 0
- Location
- New Bern, NC
- Founding
- 02/2014
- Data as of
- 12/2021
- EIN
- 46-0659905
Organization Overview
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 12/2021, Bravo Alpha Foundation generated $304.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $129.3k during the year ending 12/2021. 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
2021
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
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $299,603 |
| Interest on Savings | $64 |
| Dividends & Interest | $467 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $198 |
| Capital Gain Net Income | $67 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,990 |
| Total Revenue | $304,322 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $769 |
| Occupancy | $37,377 |
| Travel, conferences, and meetings | $6,433 |
| Printing and publications | $0 |
| Other expenses | $80,605 |
| Total operating and administrative expenses | $125,184 |
| Contributions, gifts, grants paid | $4,128 |
| Total expenses and disbursements | $129,312 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,759 |
| 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 | $3,750 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $21,132 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $231,641 |
| Accounts payable and accrued expenses | -$1 |
| 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 | -$1 |
Grants Awarded
Over the last fiscal year, Bravo Alpha Foundation has awarded $1,164 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
New Bern, NC PURPOSE: PROVIDE SHELTER FOR ABANDONED ANIMAL | $670 |
New Bern, NC PURPOSE: PROVIDING COMMUNITY PROGRAMS | $319 |
BRICES CREEK BIBLE CHURCH PURPOSE: COMMUNITY SUPPORT | $100 |
Durham, NC PURPOSE: PREVENTION OF SOLDIER SUICIDE | $75 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN | $205,748,037 | $85,831,682 |
The Community Foundation Inc Richmond, VA | $859,349,771 | $152,790,051 |
Charlottesville Area Community Foundation Charlottesville, VA | $339,690,669 | $77,610,040 |
North Carolina Community Foundation Inc Raleigh, NC | $442,779,010 | $109,848,330 |
Hampton Roads Community Foundation Norfolk, VA | $431,066,210 | $16,919,172 |
Triangle Community Foundation Durham, NC | $302,593,887 | $28,260,487 |
Coastal Community Foundation Of South Carolina Inc N Charleston, SC | $293,333,431 | $80,143,972 |
Chattanooga Christian Community Foundation Chattanooga, TN | $107,861,272 | $37,732,736 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN | $242,437,300 | $52,106,763 |
East Tennessee Foundation Knoxville, TN | $333,652,631 | $23,055,951 |
The Community Foundation Of Western North Carolina Inc Asheville, NC | $422,748,745 | $38,320,270 |
Community Foundation Of Greater Greensboro Inc Greensboro, NC | $268,212,461 | $40,395,887 |