Advance Bristol Foundation
- Assets
- $10.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bristol, TN
- Founding
- Data as of
- 12/2023
- EIN
- 85-1248738
Organization Overview
Advance Bristol Foundation is located in Bristol, TN. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advance Bristol 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, Advance Bristol Foundation generated $70.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (18.9%) each year. All expenses for the organization totaled $88.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ADVANCE BRISTOL FOUNDATION IS DEDICATED TO FOSTERING COMMUNITY GROWTH AND DEVELOPMENT IN BRISTOL, TENNESSEE. OUR PRIMARY FOCUS AREAS INCLUDE ADDRESSING HOMELESSNESS, PROMOTING HEALTH AND WELLNESS, SUPPORTING WORKFORCE DEVELOPMENT FOR YOUTH, AND ENHANCING STATE STREET BEAUTIFICATION EFFORTS. THE PRIMARY FOCUS FOR OUR 2023 FISCAL YEAR WAS MAINLY IN THE WORKFORCE DEVELOPMENT ARENA THRU OUR EFFORTS TO SUPPORT THE VIKING ACADEMY. THE VIKING ACADEMY?S MISSION / PURPOSE IS TO PROVIDE AN OFF-SITE, INNOVATIVE LEARNING PROGRAM FOR TENNESSEE HIGH SCHOOL. VIKING ACADEMY OFFERS STUDENTS PERSONALIZED EDUCATIONAL AND WORK-BASED LEARNING OPTIONS FOR THOSE WHO CHOOSE AN ALTERNATIVE PATHWAY OR ARE EXPERIENCING DIFFICULTY IN THE TRADITIONAL SYSTEM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Burriss Director | 1 | $0 | |
Cathy Mullins Director | 1 | $0 | |
Karen Hester Director | 1 | $0 | |
Cathy Floyd Executive Dir. | 40 | $20,532 | |
David Wagner Chairman | 2 | $0 | |
Jerry Kirk Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,694 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,694 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,103 |
| Professional fees and other payments to independent contractors | $1,200 |
| Occupancy, rent, utilities, and maintenance | $12,885 |
| Printing, publications, postage, and shipping | $97 |
| Other expenses | $29,307 |
| Total expenses | $88,092 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,366 |
| Other assets | $0 |
| Total assets | $10,199 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,199 |