Bayview Foundation Inc
- Assets
- $758.0k
- Revenue
- $502.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Coral Gables, FL
- Founding
- 02/2000
- Data as of
- 12/2022
- EIN
- 65-0890514
Organization Overview
Bayview Foundation Inc is located in Coral Gables, FL. The organization was established in 2000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Bayview Foundation Inc 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, Bayview Foundation Inc generated $502.3k 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 (4.2%) each year. All expenses for the organization totaled $620.3k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAYVIEW FOUNDATION INC (FOUNDATION) WAS CREATED IN JANUARY 1999 FOR THE PURPOSE OF PROMOTING AND FOSTERING THE EDUCATION OF UNDER-PRIVILEGED YOUTH. THE FOUNDATION "ADOPTED" THE ENTIRE FIRST GRADE CLASS OF CHARLES DREW ELEMENTARY SCHOOL IN LIBERTY CITY, FLORIDA IN FEBRUARY 1999, WHICH WAS COMPRISED OF 96 STUDENTS. SINCE "ADOPTING" THE ORIGINAL CLASS, THE FOUNDATION HAS ADOPTED 4 NEW CLASSES. THE NEW CLASSES ARE LOCATED AT FREDERICK DOUGLAS ELEMENTARY SCHOOL IN OVERTOWN (10/05); PHILLIS WHEATLEY ELEMENTARY SCHOOL IN OVERTOWN (10/05), AND; TWO CLASSES AT HOLMES ELEMENTARY SCHOOL IN LIBERTY CITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Ertel President & Director | 0 | $0 | |
David Quint VP & Director | 0 | $0 | |
Beth Ertel Director | 0 | $0 | |
Brian E Bomstein VP & Secretary | 0 | $0 | |
Sonya Belletti Vice President | 40 | $145,848 | |
Eve Lominac Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $502,320 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $502,320 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $145,848 |
| Other employee salaries and wages | $294,915 |
| Pension plans, employee benefits | $17,789 |
| Interest | $0 |
| Taxes | $34,642 |
| Depreciation | $2,405 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,810 |
| Total operating and administrative expenses | $505,009 |
| Contributions, gifts, grants paid | $115,319 |
| Total expenses and disbursements | $620,328 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,921 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $704,059 |
| Total assets | $757,980 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |