Brittingham Foundation Inc
- Assets
- $224.3k
- Revenue
- $220.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- Data as of
- 12/2023
- EIN
- 86-2288385
Organization Overview
Brittingham Foundation Inc is located in Wilmington, NC. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brittingham 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 12/2023, Brittingham Foundation Inc generated $220.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $81.3k during the year ending 12/2023. While expenses have increased by 18.6% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE BRITT FOUNDATION IS A NONPROFIT ORGANIZATION THAT USES HIGH-ADVENTURE OUTDOOR ACTIVITIES TO CULTIVATE LEADERSHIP SKILLS AND CONFIDENCE IN YOUNG PEOPLE, SPECIFICALLY TARGETING COLLEGE STUDENTS, WITH THE GOAL OF EMPOWERING THEM TO CREATE POSITIVE CHANGE IN THE WORLD. THROUGH OVERCOMING FEARS AND ACCOMPLISHING SEEMINGLY IMPOSSIBLE OUTDOOR CHALLENGES, PARTICIPANTS BUILD SELF-ASSURANCE AND ARE ENCOURAGED TO PAY IT FORWARD BY MENTORING OTHERS. THE BRITT FOUNDATION STRIVES TO UNLOCK THE LEADERSHIP POTENTIAL IN YOUNG PEOPLE BY PUSHING THEM OUTSIDE THEIR COMFORT ZONES, PROVIDING MENTORS WHO BELIEVE IN THEM, AND FOSTERING A CULTURE WHERE THEY CAN GROW THROUGH ADVERSITY. BY DEVELOPING THESE FUTURE LEADERS, THE ORGANIZATION AIMS TO EQUIP YOUNG PEOPLE TO MAKE A DIFFERENCE IN THE LIVES OF OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BRITT FOUNDATION'S MENTORING PROGRAM AIMS TO FOSTER STRONG INTERPERSONAL RELATIONSHIPS BETWEEN MENTORS AND MENTEES THAT PROVIDE MOTIVATION, INSPIRATION, AND GUIDANCE TO HELP MENTEES ACHIEVE THEIR GOALS. THE PROGRAM ENCOURAGES MENTORS TO CONNECT WITH MENTEES ON A MEANINGFUL LEVEL BY SPENDING QUALITY TIME TOGETHER TO BUILD TRUST.
DURING THE REPORTING PERIOD, THE BRITT FOUNDATION SUPPORTED 6 NONPROFIT ORGANIZATIONS, FOCUSING ON THOSE THAT PROVIDE YOUTH MENTORSHIP THROUGH PROGRAMS COMBINING FAITH-BASED TEACHINGS WITH PHYSICAL FITNESS. SPECIFICALLY, THE SUPPORTED PROGRAMS INCORPORATE CHRISTIAN TEACHINGS AND FELLOWSHIP INTO THEIR YOUTH DEVELOPMENT INITIATIVES, WHILE FOSTERING PERSEVERANCE AND LEADERSHIP THROUGH OUTDOOR AND PHYSICAL ACTIVITIES. THE FOUNDATION'S GOAL IS TO DEVELOP FUTURE LEADERS WHO CAN CONTINUE THE CYCLE OF MENTORSHIP, ADDRESSING THE PHYSICAL, EMOTIONAL, AND SPIRITUAL ASPECTS OF YOUTH DEVELOPMENT.
THE BRITT FOUNDATION SCHOLARSHIP HONORS THE MEMORY OF SO1 CHRISTOPHER BRITTINGHAM BY PROVIDING COLLEGE SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS WHO DEMONSTRATE PASSION FOR HELPING OTHERS, AS CHRISTOPHER DID THROUGH HIS INVOLVEMENT IN PROGRAMS LIKE YOUNG LIFE. THE SCHOLARSHIP SEEKS TO SUPPORT STUDENTS WHO ARE MAKING A POSITIVE DIFFERENCE IN THEIR COMMUNITIES, IN ALIGNMENT WITH CHRISTOPHER'S LEGACY OF SERVICE AND HIS DESIRE TO HELP YOUNG PEOPLE REACH THEIR FULL POTENTIAL. THROUGH THIS SCHOLARSHIP PROGRAM, THE BRITT FOUNDATION AIMS TO ENCOURAGE AND ASSIST STUDENTS WHO SHARE CHRISTOPHER'S SPIRIT OF COMPASSION AND COMMITMENT TO IMPROVING THE LIVES OF OTHERS. DURING THE REPORTING PERIOD, THE ORGANIZATION GRANTED SCHOLARSHIPS TO 5 STUDENTS TO ASSIST WITH THEIR COLLEGE EXPENSES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Brittingham Jr President | OfficerTrustee | 30 | $0 |
Martin Brittingham Sr Treasurer | OfficerTrustee | 5 | $0 |
Matthew Mansfield Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $226,190 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,190 |
| Total Program Service Revenue | $0 |
| Investment income | $1,656 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$7,893 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $219,953 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,293 |
| Grants and other assistance to domestic individuals. | $8,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,184 |
| Fees for services: Accounting | $1,945 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,151 |
| Advertising and promotion | $268 |
| Office expenses | $70 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,053 |
| Travel | $4,670 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,320 |
| Total functional expenses | $81,306 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,817 |
| Savings and temporary cash investments | $187,040 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $34,425 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $224,282 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $224,282 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $224,282 |