Liabilities / Assets
23rd percentile
Higher debt load relative to assets than 23% of similar nonprofits.
990 • Fiscal year 2014 • EIN 11-3645713
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
23rd percentile
Higher debt load relative to assets than 23% of similar nonprofits.
Liabilities / Revenue
20th percentile
Higher debt load relative to revenue than 20% of similar nonprofits.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
34th percentile
Higher top officer pay than 34% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
5th percentile
Faster asset growth than 5% of similar nonprofits.
Revenue Growth
10th percentile
Faster revenue growth than 10% of similar nonprofits.
Assets
Down$1,472,810
Down $455,583 (-24%) from 2013
Net Assets
Down$1,460,977
Down $453,649 (-24%) from 2013
Liabilities
Down$11,833
Down $1,934 (-14%) from 2013
Revenue
Down$1,255,112
Down $457,685 (-27%) from 2013
Expenses
Up$1,708,761
Up $15,482 (+0.9%) from 2013
Net Income
Down-$453,649
Down $473,167 (-2424%) from 2013
Bravo Foundation awards scholarships for the benefit of underprivileged children and their families in an effort to foster educational opportunities for students in the Commonwealth of Pennsylvania.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $1,868,575 | $1,423,881 | ▼ $444,694 |
| Land, Buildings, and Equipment, Net | $59,500 | $48,584 | ▼ $10,916 |
| Prepaid Expenses and Deferred Charges | $318 | $345 | ▲ $27 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Accounts Receivable | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $1,928,393 | $1,472,810 | ▼ $455,583 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Other Liabilities | $8,534 | $7,334 | ▼ $1,200 |
| Accounts Payable and Accrued Expenses | $5,233 | $4,499 | ▼ $734 |
| Total Liabilities | $13,767 | $11,833 | ▼ $1,934 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $1,914,626 | $1,460,977 | ▼ $453,649 |
| Total Net Assets Fund Balance | $1,914,626 | $1,460,977 | ▼ $453,649 |
| Total Liabilities and Net Assets / Fund Balance | $1,928,393 | $1,472,810 | ▼ $455,583 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $48,584 | $35,098 | $83,682 |
| Name | Title |
|---|---|
| Dennis Walsh | President |
| Chris Bravacos | Board Member |
| Bill Spinner | Director |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $1,619,851 |
| Other Expenses | $88,910 |
| Total Fundraising Expense | $1,254 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $1,619,851 | - | - | $1,619,851 |
| Fees for Services Other | $11,759 | $10,583 | $1,176 | $23,518 |
| Depreciation Depletion | - | $23,263 | - | $23,263 |
| Fees for Services Accounting | - | $22,900 | - | $22,900 |
| Insurance | - | $1,353 | - | $1,353 |
| Office Expenses | - | $581 | $78 | $659 |
| Other Expenses | - | $290 | - | $290 |
| Total Functional Expenses | $1,631,610 | $75,897 | $1,254 | $1,708,761 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,708,761 |
| Total Expenses per Audited Statements | $1,708,761 |
| Total Expenses per Form 990 | $1,708,761 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Held for Agencies/Others | $7,334 |
“Director William Spinner is employed by Bravo Group, a Pennsylvania S-corporation 100% owned by Directors Chris Bravacos and Dennis Walsh.”
“Chris Bravacos is the sole member of Bravo Foundation.”
“Bravo Foundation does not have committees within the board of directors.”
“Certain board members review Form 990 with the paid preparer and approve prior to filing. All board members are provided with a copy of the finalized Form 990 prior to filing.”
“Bravo Foundation's directors, officers, and key employees periodically discuss potential conflicts of interest between both new and existing contacts during regularly scheduled board meetings.”
“Bravo Foundation does not make its governing documents, conflict of interest policy, or financial statements directly available to the public. However, summarized financial information is available through the Pennsylvania Bureau of Charitable Organizations website and archives.”
“Board members, directors, and officers of Bravo Foundation are also employees and shareholders of Bravo Group, Inc., EIN# 23-2988027, a related entity.Compensation from Bravo Group is not reported because the Volunteer Exception applies.”
“Expense reimbursements were paid by Bravo Foundation to corporations 100% owned by interested persons listed in Part VII of Form 990 during the tax year. However, no actual business transactions relating to the sale/purchase of goods or services occurred between them. Therefore, Schedule L Part IV was neither completed nor included in this return.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 5233 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 4499 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | Bravo Foundation awards scholarships for the benefit of underprivileged children and their families in an effort to foster educational opportunities for students in the Commonwealth of Pennsylvania. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllAffiliatesIncludedInd | 0 | false |
| IRS990/AllOtherContributionsAmt | 0 | 1244149 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | false |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Arthur Granito CPA |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7176526564 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 5775 Allentown Blvd Suite 102 |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | Harrisburg |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | PA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 17112 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1868575 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1423881 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1244149 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 1619851 |
| IRS990/CYInvestmentIncomeAmt | 0 | 10963 |
| IRS990/CYOtherExpensesAmt | 0 | 88910 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -453649 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1708761 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 1254 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1255112 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 23263 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 23263 |
| IRS990/Desc | 0 | Bravo Foundation awards scholarships for the benefit of underprivileged children and their families in an effort to foster educational opportunities for students in the Commonwealth of Pennsylvania. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | false |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountInd | 0 | false |
| IRS990/ExcessBusinessHoldingsInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1545459 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 22900 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 22900 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 1176 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 10583 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 11759 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 23518 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282FiledCnt | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Dennis Walsh |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Chris Bravacos |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Bill Spinner |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/Form990TFiledInd | 0 | false |
| IRS990/FormationYr | 0 | 2003 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 1 |
| IRS990/GrantAmt | 0 | 1533700 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 1619851 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 1619851 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 1255112 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1353 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 1353 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 10963 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 10963 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 35098 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 59500 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 48584 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 83682 |
| IRS990/LegalDomicileStateCd | 0 | PA |
| IRS990/LicensedMoreThanOneStateInd | 0 | false |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | false |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | Bravo Foundation awards scholarships for the benefit of underprivileged children and their families in an effort to foster educational opportunities for students in the Commonwealth of Pennsylvania. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1914626 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1460977 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 78 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 581 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 659 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OrgFiledInLieuOfForm1041Ind | 0 | false |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Dues & Subscriptions |
| IRS990/OtherExpensesGrp/Desc | 1 | Postage and Shipping |
| IRS990/OtherExpensesGrp/Desc | 2 | Printing and Publications |
| IRS990/OtherExpensesGrp/Desc | 3 | Licenses and Permits |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 10000 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 5811 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 1116 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 290 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 10000 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 5811 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1116 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 290 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 8534 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 7334 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 318 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 345 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Bravo Foundation contributes to various educational institutions and their related organizations for specific non-scholarship purposes to foster educational opportunities for students in the Commonwealth of Pennsylvania. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 86151 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 1694466 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 1648213 |
| IRS990/PYInvestmentIncomeAmt | 0 | 18331 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 45066 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 19518 |
| IRS990/PYTotalExpensesAmt | 0 | 1693279 |
| IRS990/PYTotalRevenueAmt | 0 | 1712797 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -453649 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1244149 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1694466 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1741066 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1504893 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1405206 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 7589780 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 10963 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 18331 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 25286 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 27776 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 15394 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 97750 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.98730 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.98850 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 7589780 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 1244149 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1694466 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1741066 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1504893 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1405206 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 7589780 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 7687530 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
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| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | Bravo Foundation maintains constant contact with all schools who receive scholarship funds to ensure individual recipients comply with the requirements of the program. If a student withdraws from a school that received an award, the scholarship funds are returned to Bravo Foundation on a pro-rata basis. Furthermore, verification of student award eligibility are reviewed on an annual basis, even if the individual has received scholarships from Bravo Foundation in prior years. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Grantmaker's Description of How Grants are Used |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Director William Spinner is employed by Bravo Group, a Pennsylvania S-corporation 100% owned by Directors Chris Bravacos and Dennis Walsh. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Chris Bravacos is the sole member of Bravo Foundation. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Bravo Foundation does not have committees within the board of directors. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Certain board members review Form 990 with the paid preparer and approve prior to filing. All board members are provided with a copy of the finalized Form 990 prior to filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Bravo Foundation's directors, officers, and key employees periodically discuss potential conflicts of interest between both new and existing contacts during regularly scheduled board meetings. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Bravo Foundation does not make its governing documents, conflict of interest policy, or financial statements directly available to the public. However, summarized financial information is available through the Pennsylvania Bureau of Charitable Organizations website and archives. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Expense reimbursements were paid by Bravo Foundation to corporations 100% owned by interested persons listed in Part VII of Form 990 during the tax year. However, no actual business transactions relating to the sale/purchase of goods or services occurred between them. Therefore, Schedule L Part IV was neither completed nor included in this return. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Board members, directors, and officers of Bravo Foundation are also employees and shareholders of Bravo Group, Inc., EIN# 23-2988027, a related entity.Compensation from Bravo Group is not reported because the Volunteer Exception applies. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Part IV Question 28a and 28c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Part VII, Section A., Column E. |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.