Liabilities / Assets
56th percentile
Higher debt load relative to assets than 56% of similar nonprofits.
Broadwater Academy Foundation
990 • Fiscal year 2013 • EIN 45-5245398
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.16x
Liabilities / Revenue
80th percentile
Higher debt load relative to revenue than 80% of similar nonprofits.
Net Margin
19th percentile
Higher net margin than 19% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
58th percentile
Faster asset growth than 58% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Balance Sheet
Assets
Up$1,111,370
Up $49,175 (+4.6%) from 2012
Net Assets
Down$928,387
Down $133,808 (-13%) from 2012
Liabilities
Up$182,983
Up $182,983 from 2012
Revenue And Expenses
Revenue
Up$266,539
Up $266,539 from 2012
Expenses
Up$298,369
Up $298,294 (+397725%) from 2012
Net Income
Down-$31,830
Down $31,755 (-42340%) from 2012
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2012 to Jun 30, 2013
- Signed
- Oct 15, 2013
- Return Version
- 2012v2.3
- Gross Receipts
- $282,400
Mission and Program Overview
Mission
The organization's mission is to raise, manage and distribute funds solely for the benefit of the students of broadwater academy and for the improvements to the broadwater academy education, environment, including but not limited to, program enhancements, technological students of broadwater academy and for the improvements to the broadwater academy education, environment, including but not limited to, program enhancements, technological improvements, facilities enrichment, and scholarships for students
Filing and Contact Details
Filer
- EIN
- 45-5245398
Raw XML Appendix396 raw XML fields
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/AccountantCompileOrReview | 0 | false |
| IRS990/ActivitiesConductedPartnership | 0 | false |
| IRS990/ActivityOrMissionDescription | 0 | THE ORGANIZATION'S MISSION IS TO RAISE, MANAGE, AND DISTRIBUTE FUNDS SOLELY FOR THE BENEFIT OF THE STUDENTS OF BROADWATER ACADEMY AND FOR IMPROVEMENTS TO THE BROADWATER ACADEMY EDUCATION ENVIRONMENT, INCLUDING, BUT NOT LIMITED TO, PROGRAM ENHANCEMENTS, TECHNOLOGICAL IMPROVEMENTS, FACILITIES IMPROVEMENTS, FACULTY ENRICHMENT, AND SCHOLARSHIPS FOR STUDENTS. |
| IRS990/ActivityOther/Description | 0 | MANAGE INVESTED FUNDS SOLEY FOR THE BENEFIT(S) OF BROADWATER ACADEMY. |
| IRS990/ActivityOther/Expense | 0 | 172 |
| IRS990/AllOtherContributions | 0 | 274640 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | true |
| IRS990/AuditCommittee | 0 | true |
| IRS990/BenefitsPaidToMembersCY | 0 | 0 |
| IRS990/BsnssRltnshpThruFamilyMember | 0 | false |
| IRS990/BsnssRltnshpWithOrganization | 0 | false |
| IRS990/CashNonInterestBearing/BOY | 0 | 1041157 |
| IRS990/CashNonInterestBearing/EOY | 0 | 1119 |
| IRS990/ChangesToOrganizingDocs | 0 | false |
| IRS990/CollectionsOfArt | 0 | false |
| IRS990/CompensationFromOtherSources | 0 | false |
| IRS990/CompensationProcessCEO | 0 | false |
| IRS990/CompensationProcessOther | 0 | false |
| IRS990/ComplianceWithBackupWitholding | 0 | false |
| IRS990/ConflictOfInterestPolicy | 0 | true |
| IRS990/ConservationEasements | 0 | false |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | true |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine1 | 0 | 2512 SHEPHERDS LANE |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City | 0 | VIRGINIA BEACH |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State | 0 | VA |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode | 0 | 23454 |
| IRS990/ContractorCompensation/Compensation | 0 | 108875 |
| IRS990/ContractorCompensation/DescriptionOfServices | 0 | FUNDRAISING |
| IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine1 | 0 | THE CURTIS GROUP |
| IRS990/ContributionsGrantsCurrentYear | 0 | 274640 |
| IRS990/CreditCounseling | 0 | false |
| IRS990/DecisionsSubjectToApproval | 0 | false |
| IRS990/DeductibleContributionsOfArt | 0 | false |
| IRS990/DeductibleNonCashContributions | 0 | false |
| IRS990/DelegationOfManagementDuties | 0 | false |
| IRS990/DepreciationDepletion/ProgramServices | 0 | 172 |
| IRS990/DepreciationDepletion/Total | 0 | 172 |
| IRS990/DescribedIn501C3 | 0 | true |
| IRS990/Description | 0 | MANAGE INVESTED FUNDS SOLEY FOR THE BENEFIT(S) OF BROADWATER ACADEMY A 501 (C)(3) ORGANIZATION. |
| IRS990/DisregardedEntity | 0 | false |
| IRS990/DistributionToDonor | 0 | false |
| IRS990/DocumentRetentionPolicy | 0 | false |
| IRS990/DonorAdvisedFunds | 0 | false |
| IRS990/ElectionOfBoardMembers | 0 | false |
| IRS990/ExcessBenefitTransaction | 0 | false |
| IRS990/ExcessBusinessHoldings | 0 | false |
| IRS990/Expense | 0 | 188757 |
| IRS990/FamilyOrBusinessRelationship | 0 | false |
| IRS990/FeesForServicesLegal/ManagementAndGeneral | 0 | 425 |
| IRS990/FeesForServicesLegal/Total | 0 | 425 |
| IRS990/FeesForServicesProfFundraising/Fundraising | 0 | 108875 |
| IRS990/FeesForServicesProfFundraising/Total | 0 | 108875 |
| IRS990/FollowSFAS117 | 0 | X |
| IRS990/ForeignActivities | 0 | false |
| IRS990/ForeignFinancialAccount | 0 | false |
| IRS990/ForeignOffice | 0 | false |
| IRS990/Form1098CFiled | 0 | false |
| IRS990/Form8282PropertyDisposedOf | 0 | false |
| IRS990/Form8899Filed | 0 | false |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 0 | 2.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 1 | 2.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 2 | 2.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 3 | 2.00 |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 0 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 1 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 2 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 3 | X |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | LUCIUS KELLAM III |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | ELIZABETH GORDON |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | EDWARD AMES IV |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | THOMAS HILL JR |
| IRS990/Form990PartVIISectionA/Officer | 0 | X |
| IRS990/Form990PartVIISectionA/Officer | 1 | X |
| IRS990/Form990PartVIISectionA/OtherCompensation | 0 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 1 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 2 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 3 | 0 |
| IRS990/Form990PartVIISectionA/Title | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionA/Title | 1 | BOARD DIRECT |
| IRS990/Form990PartVIISectionA/Title | 2 | TREASURER |
| IRS990/Form990PartVIISectionA/Title | 3 | BOARD DIRECT |
| IRS990/Form990ProvidedToGoverningBody | 0 | true |
| IRS990/FormersListed | 0 | false |
| IRS990/FSAudited | 0 | true |
| IRS990/FSAuditedBasis/FinancialStatementConsolidated | 0 | X |
| IRS990/FundraisingActivities | 0 | false |
| IRS990/FundsToPayPremiums | 0 | false |
| IRS990/Gaming | 0 | false |
| IRS990/GrantsAndSimilarAmntsCY | 0 | 0 |
| IRS990/GrantsToIndividuals | 0 | false |
| IRS990/GrantsToOrganizations | 0 | false |
| IRS990/GrantToRelatedPerson | 0 | false |
| IRS990/GrossReceipts | 0 | 282400 |
| IRS990/GrossRents/Real | 0 | 4752 |
| IRS990/GroupReturnForAffiliates | 0 | false |
| IRS990/Hospital | 0 | false |
| IRS990/IndependentAuditFinancialStmt | 0 | false |
| IRS990/IndoorTanningServices | 0 | false |
| IRS990/InfoInScheduleOPartIII | 0 | X |
| IRS990/InfoInScheduleOPartVI | 0 | X |
| IRS990/IntangibleAssets/EOY | 0 | 6734 |
| IRS990/InvestmentIncomeCurrentYear | 0 | 3008 |
| IRS990/InvestmentIncome/RelatedOrExemptFunctionIncome | 0 | 3008 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 3008 |
| IRS990/InvestmentInJointVenture | 0 | false |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 8205 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 219656 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 211451 |
| IRS990/LessRentalExpenses/Real | 0 | 15861 |
| IRS990/LoanToOfficerOrDQP | 0 | false |
| IRS990/LobbyingActivities | 0 | false |
| IRS990/LocalChapters | 0 | false |
| IRS990/MaterialDiversionOrMisuse | 0 | false |
| IRS990/MembersOrStockholders | 0 | false |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | true |
| IRS990/MinutesOfGoverningBody | 0 | true |
| IRS990/MissionDescription | 0 | THE ORGANIZATION'S MISSION IS TO RAISE, MANAGE, AND DISTRIBUTE FUNDS SOLELY FOR THE BENEFIT OF THE STUDENTS OF BROADWATER ACADEMY AND FOR IMPROVEMENTS TO THE BROADWATER ACADEMY EDUCATION ENVIRONMENT, INCLUDING, BUT NOT LIMITED TO, PROGRAM ENHANCEMENTS, TECHNOLOGICAL IMPROVEMENTS, FACILITIES IMPROVEMENTS, FACULTY ENRICHMENT, AND SCHOLARSHIPS FOR STUDENTS. |
| IRS990/MoreThan5000KToIndividuals | 0 | false |
| IRS990/MoreThan5000KToOrganizations | 0 | false |
| IRS990/NbrIndependentVotingMembers | 0 | 4 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 4 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 4 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | 1062195 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | 928387 |
| IRS990/NetRentalIncomeOrLoss/RelatedOrExemptFunctionIncome | 0 | -11109 |
| IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn | 0 | -11109 |
| IRS990/NoListedPersonsCompensated | 0 | X |
| IRS990/NonDeductibleContributions | 0 | false |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 0 |
| IRS990/NumberIndependentVotingMembers | 0 | 4 |
| IRS990/NumberOfContractorsGT100K | 0 | 1 |
| IRS990/NumberOfEmployees | 0 | 0 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/OfficeExpenses/ManagementAndGeneral | 0 | 140 |
| IRS990/OfficeExpenses/Total | 0 | 140 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | false |
| IRS990/OfficerMailingAddress | 0 | false |
| IRS990/Organization501c3 | 0 | X |
| IRS990/OtherAssetsTotal/BOY | 0 | 21038 |
| IRS990/OtherExpensePriorYear | 0 | 75 |
| IRS990/OtherExpensesCurrentYear | 0 | 189494 |
| IRS990/OtherExpenses/Description | 0 | TRANSFERS TO ACADEMY |
| IRS990/OtherExpenses/Description | 1 | ANNUAL BUDGETED TRANSFERS |
| IRS990/OtherExpenses/Description | 2 | PROVISION DOUBTFUL ACCTS |
| IRS990/OtherExpenses/ProgramServices | 0 | 129270 |
| IRS990/OtherExpenses/ProgramServices | 1 | 40000 |
| IRS990/OtherExpenses/ProgramServices | 2 | 19487 |
| IRS990/OtherExpenses/Total | 0 | 129270 |
| IRS990/OtherExpenses/Total | 1 | 40000 |
| IRS990/OtherExpenses/Total | 2 | 19487 |
| IRS990/OtherExplainInSchO | 0 | X |
| IRS990/OtherLiabilities/EOY | 0 | 2163 |
| IRS990/OtherRevenueCurrentYear | 0 | -11109 |
| IRS990/PartialLiquidation | 0 | false |
| IRS990/PermanentlyRestrictedNetAssets/BOY | 0 | 166912 |
| IRS990/PermanentlyRestrictedNetAssets/EOY | 0 | 165694 |
| IRS990/PledgesAndGrantsReceivable/EOY | 0 | 154131 |
| IRS990/PoliticalActivities | 0 | false |
| IRS990/PremiumsPaid | 0 | false |
| IRS990/PriorExcessBenefitTransaction | 0 | false |
| IRS990/ProfessionalFundraising | 0 | true |
| IRS990/ProgramServiceRevenueCY | 0 | 0 |
| IRS990/ProhibitedTaxShelterTrans | 0 | false |
| IRS990/QuidProQuoContributions | 0 | false |
| IRS990/ReconcilationOtherChanges | 0 | -91365 |
| IRS990/ReconcilationRevenueExpenses | 0 | -31830 |
| IRS990/ReconciliationUnrealizedInvest | 0 | -10613 |
| IRS990/RegularMonitoringEnforcement | 0 | true |
| IRS990/RelatedEntity | 0 | true |
| IRS990/RelatedOrgControlledEntity | 0 | false |
| IRS990/RentalIncomeOrLoss/Real | 0 | -11109 |
| IRS990/ReportFin48Footnote | 0 | false |
| IRS990/ReportInvestOthSecurities | 0 | false |
| IRS990/ReportLandBldgEquip | 0 | true |
| IRS990/ReportOtherAssets | 0 | false |
| IRS990/ReportOtherLiabilities | 0 | true |
| IRS990/ReportProgRelInvest | 0 | false |
| IRS990/RevenuesLessExpensesCY | 0 | -31830 |
| IRS990/RevenuesLessExpensesPriorYear | 0 | -75 |
| IRS990/SalariesEtcCurrentYear | 0 | 0 |
| IRS990/SavingsAndTempCashInvestments/EOY | 0 | 737935 |
| IRS990ScheduleA/CertificationCheckbox | 0 | X |
| IRS990ScheduleA/ContribBy35ControlledEntity | 0 | false |
| IRS990ScheduleA/ContribByControllingIndividual | 0 | false |
| IRS990ScheduleA/ContributionByRelatedParty | 0 | false |
| IRS990ScheduleA/SumOfAmounts | 0 | 169270 |
| IRS990ScheduleA/SupportedOrgInformation/Amount | 0 | 169270 |
| IRS990ScheduleA/SupportedOrgInformation/EIN | 0 | 540799130 |
| IRS990ScheduleA/SupportedOrgInformation/ListedInGoverningDoc | 0 | true |
| IRS990ScheduleA/SupportedOrgInformation/Name/BusinessNameLine1 | 0 | BROADWATER ACADEMY |
| IRS990ScheduleA/SupportedOrgInformation/OrganizedInUS | 0 | true |
| IRS990ScheduleA/SupportedOrgInformation/SupportedOrganizationNotified | 0 | true |
| IRS990ScheduleA/SupportedOrgInformation/TypeOfOrganization | 0 | 2 |
| IRS990ScheduleA/SupportingOrg509a3Type1 | 0 | X |
| IRS990ScheduleA/SupportingOrganization509a3 | 0 | X |
| IRS990ScheduleA/TotalNumberOfSupportedOrgs | 0 | 1 |
| IRS990ScheduleB/ContributorInfo/AggregateContributions | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInfo/ContributorNumber | 0 | RESTRICTED |
| IRS990/ScheduleBRequired | 0 | true |
| IRS990ScheduleD/BoardDesignatedEOYBalance | 0 | 1.00000 |
| IRS990ScheduleD/CurrentYear/BeginningOfYearBalance | 0 | 166912 |
| IRS990ScheduleD/CurrentYear/EndOfYearBalance | 0 | 165694 |
| IRS990ScheduleD/CurrentYear/InvestmentEarningsOrLosses | 0 | -1218 |
| IRS990ScheduleD/CurrentYearMinus1Year/Contributions | 0 | 166912 |
| IRS990ScheduleD/CurrentYearMinus1Year/EndOfYearBalance | 0 | 166912 |
| IRS990ScheduleD/EndowmentsHeldByRelatedOrgs | 0 | false |
| IRS990ScheduleD/EndowmentsHeldByUnrelatedOrgs | 0 | false |
| IRS990ScheduleD/Land/BookValue | 0 | 20000 |
| IRS990ScheduleD/Land/OtherCostOrOtherBasis | 0 | 20000 |
| IRS990ScheduleD/OtherLandBuildings/BookValue | 0 | 211451 |
| IRS990ScheduleD/OtherLandBuildings/Depreciation | 0 | 8205 |
| IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis | 0 | 219656 |
| IRS990ScheduleD/OtherLiabilities/Amount | 0 | 2163 |
| IRS990ScheduleD/OtherLiabilities/Description | 0 | DUE TO BROADWATER ACADEMY |
| IRS990ScheduleD/TotalOfAmounts | 0 | 2163 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 231451 |
| IRS990ScheduleG/AgreementRefFundraising | 0 | true |
| IRS990ScheduleG/EmailSolicitations | 0 | X |
| IRS990ScheduleG/FundraiserActivityInformation/Activity | 0 | C CAMPAIGN |
| IRS990ScheduleG/FundraiserActivityInformation/AddressUS/AddressLine1 | 0 | 2512 SHEPHERDS LANE |
| IRS990ScheduleG/FundraiserActivityInformation/AddressUS/City | 0 | VIRGINIA BEACH |
| IRS990ScheduleG/FundraiserActivityInformation/AddressUS/State | 0 | VA |
| IRS990ScheduleG/FundraiserActivityInformation/AddressUS/ZIPCode | 0 | 23454 |
| IRS990ScheduleG/FundraiserActivityInformation/AmountRetainedByContractor | 0 | 108875 |
| IRS990ScheduleG/FundraiserActivityInformation/FundraiserControlOfFunds | 0 | false |
| IRS990ScheduleG/FundraiserActivityInformation/GrossReceipts | 0 | 274000 |
| IRS990ScheduleG/FundraiserActivityInformation/NameOfOrganization/BusinessNameLine1 | 0 | THE CURTIS GROUP |
| IRS990ScheduleG/FundraiserActivityInformation/NetToOrganization | 0 | 165125 |
| IRS990ScheduleG/InPersonSolicitations | 0 | X |
| IRS990ScheduleG/MailSolicitations | 0 | X |
| IRS990ScheduleG/PhoneSolicitations | 0 | X |
| IRS990ScheduleG/TotalGrossReceipts | 0 | 274000 |
| IRS990ScheduleG/TotalNetToOrganization | 0 | 165125 |
| IRS990ScheduleG/TotalRetainedByContractors | 0 | 108875 |
| IRS990/ScheduleJRequired | 0 | false |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | THE ORGANIZATION'S MISSION IS TO RAISE, MANAGE, AND DISTRIBUTE FUNDS SOLELY FOR THE BENEFIT OF THE STUDENTS OF BROADWATER ACADEMY AND FOR IMPROVEMENTS TO THE BROADWATER ACADEMY EDUCATION ENVIRONMENT, INCLUDING, BUT NOT LIMITED TO, PROGRAM ENHANCEMENTS, TECHNOLOGICAL IMPROVEMENTS, FACILITIES IMPROVEMENTS, FACULTY ENRICHMENT, AND SCHOLARSHIPS FOR STUDENTS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | MANAGE INVESTED FUNDS SOLEY FOR THE BENEFIT(S) OF BROADWATER ACADEMY. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | ORGANIZATION GOVERNING MEMBERS REVIEW FORM 990 BEFORE FILING WITH IRS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | EACH DIRECTOR OR PRINCIPAL OFFICER SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: 1) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; 2) HAS READ AND UNDERSTANDS THE POLICY; 3) HAS AGREED TO COMPLY WITH THE POLICY; AND 4) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. THE POLICY INCLUDES PROCEDURES THAT INVOLVE 1) A DUTY TO DISCLOSE; 2) DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS; 3) PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST; AND 4) ADDITIONAL STEPS IF VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY EXIST. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | BOOK / TAX DEPRECIATION DIFFERENCE -4,029 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 6 | TRANSFER OF ASSETS FROM BROADWATER ACADEMY 70,328 TRANSFER OF FOUNDATION ASSETS 21,038 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | ORGANIZATION'S MISSION |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | ALL OTHER ACCOMPLISHMENT DESCRIPTION |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | ENFORCEMENT OF CONFLICTS POLICY |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | GOVERNING DOCUMENTS DISCLOSURE EXPLANATION |
| IRS990ScheduleO/GeneralExplanation/Identifier | 5 | RECONCILIATION OF CHANGES - OTHER |
| IRS990ScheduleO/GeneralExplanation/Identifier | 6 | OTHER CHANGES IN NET ASSETS EXPLANATION |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | FORM 990, PART XI, LINE 9 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 6 | FORM 990, PART XI, LINE 9 |
| IRS990/ScheduleORequired | 0 | true |
| IRS990ScheduleR/DividendsRelatedOrganization | 0 | false |
| IRS990ScheduleR/ExchangeOfAssets | 0 | false |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1 | 0 | PO BOX 546 |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City | 0 | EXMORE |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State | 0 | VA |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode | 0 | 23350 |
| IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg | 0 | false |
| IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine1 | 0 | NA |
| IRS990ScheduleR/Form990ScheduleRPartII/EIN | 0 | 540799130 |
| IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection | 0 | 501C3 |
| IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState | 0 | VA |
| IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine1 | 0 | BROADWATER ACADEMY |
| IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities | 0 | EDUCATION |
| IRS990ScheduleR/Form990ScheduleRPartII/PublicCharityStatus | 0 | 2 |
| IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg | 0 | false |
| IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg | 0 | true |
| IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg | 0 | false |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrg | 0 | false |
| IRS990ScheduleR/OtherTransferFromOtherOrg | 0 | false |
| IRS990ScheduleR/OtherTransferToOtherOrg | 0 | true |
| IRS990ScheduleR/PerformOfServicesByOtherOrgs | 0 | false |
| IRS990ScheduleR/PerformOfServicesForOtherOrgs | 0 | false |
| IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg | 0 | false |
| IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties | 0 | false |
| IRS990ScheduleR/ReimbursementPaidByOtherOrg | 0 | false |
| IRS990ScheduleR/ReimbursementPaidToOtherOrg | 0 | true |
| IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs | 0 | false |
| IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs | 0 | false |
| IRS990ScheduleR/SaleOfAssetsToOtherOrg | 0 | false |
| IRS990ScheduleR/SharingOfFacilities | 0 | false |
| IRS990ScheduleR/SharingOfPaidEmployees | 0 | false |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved | 0 | 58643 |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved | 1 | 40000 |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved | 2 | 70627 |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/MethodOfAmtDetermination | 0 | FAIR MARKET VALUE |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/MethodOfAmtDetermination | 1 | FAIR MARKET VALUE |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/MethodOfAmtDetermination | 2 | FAIR MARKET VALUE |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine1 | 0 | BROADWATER ACADEMY |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine1 | 1 | BROADWATER ACADEMY |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine1 | 2 | BROADWATER ACADEMY |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType | 0 | O |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType | 1 | B |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType | 2 | P |
| IRS990/School | 0 | false |
| IRS990/SignificantChange | 0 | false |
| IRS990/SignificantNewProgramServices | 0 | false |
| IRS990/StateLegalDomicile | 0 | VA |
| IRS990/StatesWhereCopyOfReturnIsFiled | 0 | VA |
| IRS990/SubjectToProxyTax | 0 | false |
| IRS990/TaxableDistributions | 0 | false |
| IRS990/TaxablePartyNotification | 0 | false |
| IRS990/TaxExemptBonds | 0 | false |
| IRS990/TemporarilyRestrictedNetAssets/BOY | 0 | 72097 |
| IRS990/TemporarilyRestrictedNetAssets/EOY | 0 | 64263 |
| IRS990/Terminated | 0 | false |
| IRS990/TermOrPermanentEndowments | 0 | true |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 3500 BROADWATER ROAD |
| IRS990/TheBooksAreInCareOf/AddressUS/City | 0 | EXMORE |
| IRS990/TheBooksAreInCareOf/AddressUS/State | 0 | VA |
| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 23350 |
| IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1 | 0 | BROADWATER ACADEMY |
| IRS990/TheBooksAreInCareOf/TelephoneNumber | 0 | 7574429041 |
| IRS990/TotalAssets/BOY | 0 | 1062195 |
| IRS990/TotalAssetsBOY | 0 | 1062195 |
| IRS990/TotalAssets/EOY | 0 | 1111370 |
| IRS990/TotalAssetsEOY | 0 | 1111370 |
| IRS990/TotalCompGT150K | 0 | false |
| IRS990/TotalContributions | 0 | 274640 |
| IRS990/TotalExpensesCurrentYear | 0 | 298369 |
| IRS990/TotalExpensesPriorYear | 0 | 75 |
| IRS990/TotalFunctionalExpenses/Fundraising | 0 | 108875 |
| IRS990/TotalFunctionalExpenses/ManagementAndGeneral | 0 | 565 |
| IRS990/TotalFunctionalExpenses/ProgramServices | 0 | 188929 |
| IRS990/TotalFunctionalExpenses/Total | 0 | 298369 |
| IRS990/TotalFundrsngExpCurrentYear | 0 | 108875 |
| IRS990/TotalGrossUBI | 0 | 0 |
| IRS990/TotalLiabilities/BOY | 0 | 0 |
| IRS990/TotalLiabilities/EOY | 0 | 182983 |
| IRS990/TotalLiabilitiesEOY | 0 | 182983 |
| IRS990/TotalLiabNetAssetsFundBalances/BOY | 0 | 1062195 |
| IRS990/TotalLiabNetAssetsFundBalances/EOY | 0 | 1111370 |
| IRS990/TotalNbrEmployees | 0 | 0 |
| IRS990/TotalNetAssetsFundBalances/BOY | 0 | 1062195 |
| IRS990/TotalNetAssetsFundBalances/EOY | 0 | 928387 |
| IRS990/TotalOfOtherProgramServiceExp | 0 | 172 |
| IRS990/TotalProfFundrsngExpCY | 0 | 108875 |
| IRS990/TotalProgramServiceExpense | 0 | 188929 |
| IRS990/TotalRevenueCurrentYear | 0 | 266539 |
| IRS990/TotalRevenue/RelatedOrExemptFunctionIncome | 0 | -8101 |
| IRS990/TotalRevenue/TotalRevenueColumn | 0 | 266539 |
| IRS990/TransfersToExemptNonChrtblOrg | 0 | false |
| IRS990/TypeOfOrganizationCorporation | 0 | X |
| IRS990/UnrelatedBusinessIncome | 0 | false |
| IRS990/UnrestrictedNetAssets/BOY | 0 | 823186 |
| IRS990/UnrestrictedNetAssets/EOY | 0 | 698430 |
| IRS990/UnsecuredNotesLoansPayable/EOY | 0 | 180820 |
| IRS990/UponRequest | 0 | X |
| IRS990/WhistleblowerPolicy | 0 | false |
| IRS990/YearFormation | 0 | 2012 |
| ReturnHeader/BuildTS | 0 | 2016-02-24 21:20:13Z |
| ReturnHeader/Filer/EIN | 0 | 455245398 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | BROADWATER ACADEMY FOUNDATION |
| ReturnHeader/Filer/NameControl | 0 | BROA |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | PO BOX 546 |
| ReturnHeader/Filer/USAddress/City | 0 | EXMORE |
| ReturnHeader/Filer/USAddress/State | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 23350 |
| ReturnHeader/Officer/AuthorizeThirdParty | 0 | true |
| ReturnHeader/Officer/DateSigned | 0 | 2013-10-15 |
| ReturnHeader/Officer/Name | 0 | EDWARD AMES IV |
| ReturnHeader/Officer/Title | 0 | TREASURER |
| ReturnHeader/Preparer/DatePrepared | 0 | 2013-11-07 |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | LEATHERBURY & BROACHE & CO PC |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 23307 COURTHOUSE AVE |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | ACCOMAC |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | VA |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 23301 |
| ReturnHeader/Preparer/Name | 0 | ROBERT W LEATHERBURY CPA |
| ReturnHeader/Preparer/Phone | 0 | 7577874444 |
| ReturnHeader/ReturnType | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2012-07-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2013-06-30 |
| ReturnHeader/TaxYear | 0 | 2012 |
| ReturnHeader/Timestamp | 0 | 2013-11-11T09:35:35-06:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $1,111,370
- Liabilities
- $182,983
- Net assets
- $928,387
- Revenue
- $266,539
- Expenses
- $298,369
- Net income
- -$31,830