Bridlewaves
- Assets
- $45.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Manassas, VA
- Founding
- 02/2001
- Data as of
- 12/2022
- EIN
- 54-1968080
Organization Overview
Bridlewaves is located in Manassas, VA. The organization was established in 2001. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridlewaves 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 12/2022, Bridlewaves generated $55.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $52.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 4 years. 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
2022
Describe the Organization's Program Activity:
Part 3
BRIDLEWAVES IS A NON-PROFIT CHILDREN'S SWIM LEAGUE LOCATED IN GAINESVILLE, VIRGINIA SEEKING TO PROMOTE SWIMMING IN THE BRIDLEWOOD COMMUNITY AND SURROUDING AREA. 260 SWIMMERS BENEFIT EACH SUMMER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Johnathan Conn President | 5 | $0 | |
Bob Edenberg Vice President | 3 | $0 | |
Michelle Terhaar Treasurer | 3 | $0 | |
Amanda Budd Secretary | 3 | $0 | |
Tom Nourse Team Manager | 3 | $0 | |
Lisa Anders League Representative | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,750 |
| Total Program Service Revenue | $50,976 |
| Membership dues | $0 |
| Investment income | $667 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $995 |
| Other Revenue | $0 |
| Total Revenue | $55,388 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,125 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,837 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,195 |
| Total expenses | $52,157 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,484 |
| Other assets | $0 |
| Total assets | $45,484 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,484 |