Liabilities / Assets
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Bruins Foundation
EIN 46-1133626 • 501(c)3 • Greenville, SC
Profile
The corporation is organized, and at all times shall be operated, exclusively for education purposes within the meaning of internal revenue code 501(c)(3) and treasury regulation 1.501(c)(3)-1 (d)(2) and specifically to (a) acquire, construct, finance, pledge, improve, maintain, operate, manage, and lease athletic facilities for students and faculty of bob jones university and bob jones academy; (b) otherwise enhance the educational experience of students at bob jones university and bob jones academy through educational and religious programs, financial assistance and other means; and (c) solicit, collect, receive, accumulate, administer and disburse gifts, funds and property in such manner as will, in the discretion of the board of directors, most effectively further such education purposes.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
61st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
23rd percentile
Faster asset growth than 23% of similar nonprofits.
Revenue Growth
4th percentile
Faster revenue growth than 4% of similar nonprofits.
Balance Sheet
Assets
Down$39,352
Down $20,577 (-34%) from 2020
Liabilities
Up$0
Up $5,043 (+100%) from 2020
Net Assets
Down$39,352
Down $25,620 (-39%) from 2020
Revenue
Down$704
Down $98,976 (-99%) from 2020
Expenses
Down$26,324
Down $71,376 (-73%) from 2020
Net Income
Down-$25,620
Down $27,600 (-1394%) from 2020
Trend Graphs
Filings
Most recent year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $39,352
- Liabilities
- $0
- Net assets
- $39,352
- Revenue
- $704
- Expenses
- $26,324
- Net income
- -$25,620
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Feb 14, 2023
- Return Version
- 2021v4.2
- Gross Receipts
- $704
Mission and Program Overview
Mission
The corporation is organized, and at all times shall be operated, exclusively for education purposes within the meaning of internal revenue code 501(c)(3) and treasury regulation 1.501(c)(3)-1 (d)(2) and specifically to (a) acquire, construct, finance, pledge, improve, maintain, operate, manage, and lease athletic facilities for students and faculty of bob jones university and bob jones academy; (b) otherwise enhance the educational experience of students at bob jones university and bob jones academy through educational and religious programs, financial assistance and other means; and (c) solicit, collect, receive, accumulate, administer and disburse gifts, funds and property in such manner as will, in the discretion of the board of directors, most effectively further such education purposes.
Impact our athletes' lives for christ; our community through continued service and outreach; and the world through the spread of the gospel.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| BOOSTER CLUB ACTIVITIES SUPPORTING THE INTERCOLLEGIATE SPORTS PROGRAM AT BOB JONES UNIVERSITY, INCLUDING ACTIVITIES SUCH AS TEAM TRAVEL COST, COMMUNITY OUTREACH, SHORT-TERM MISSION OPPORTUNITIES, AND EXPANSION OF RECREATIONAL SPORTING OPPORTUNITIES FOR THE UNIVERSITY COMMUNITY. | $0 | $25,181 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DAVID JONES | President | - | $0 | - | - |
| VICKI PEEK | Past Sec/Treas | - | $0 | - | - |
| KERRY LIGHTNER | Board Member | - | $0 | - | - |
| JOHN MATTHEWS | Sec/Treas | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Bruins Foundation
- EIN
- 46-1133626
- Phone
- 8642425100
- Address
- PO BOX 34555, GREENVILLE, SC 29614-0001
Signing Officer
- Name
- John Matthews
- Title
- Sec/treas
- Phone
- 8642425100
- Signed
- 2023-02-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Martin Smith & Company Cpas Pa
- Address
- 1212 HAYWOOD ROAD BLDG 100, GREENVILLE, SC 29615-2200
- Preparer
- David a Smith
- Phone
- 8642321040
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: outside services. Amount: 18,539. Description: credit card charges. Amount: 753. Total to form 990-ez, line 16: 19,292.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: prepaid expenses. Beg. Of year amount: 7,500. End of year amount: 0. Description: due from related party. Beg. Of year amount: 5,043. End of year amount: 0.”
Raw XML Appendix169 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.
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| IRS990EZ/FiledScheduleAInd | 0 | 1 |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 39352 |
| IRS990EZ/GrossReceiptsAmt | 0 | 704 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
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| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 64972 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 39352 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PAST SEC/TREAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SEC/TREAS |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 12543 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 19292 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | IMPACT OUR ATHLETES' LIVES FOR CHRIST; OUR COMMUNITY THROUGH CONTINUED SERVICE AND OUTREACH; AND THE WORLD THROUGH THE SPREAD OF THE GOSPEL. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 5888 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | BOOSTER CLUB ACTIVITIES SUPPORTING THE INTERCOLLEGIATE SPORTS PROGRAM AT BOB JONES UNIVERSITY, INCLUDING ACTIVITIES SUCH AS TEAM TRAVEL COST, COMMUNITY OUTREACH, SHORT-TERM MISSION OPPORTUNITIES, AND EXPANSION OF RECREATIONAL SPORTING OPPORTUNITIES FOR THE UNIVERSITY COMMUNITY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 25181 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | SC |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 26324 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 25181 |
| IRS990EZ/TotalRevenueAmt | 0 | 704 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt | 0 | 10000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt | 0 | 10000 |
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| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt | 0 | 12500 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 47500 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 704 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 99680 |
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| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 741596 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.86420 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.87260 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 640875 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt | 0 | 12525 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt | 0 | 12000 |
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| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 100721 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt | 0 | 2525 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt | 0 | 2000 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt | 0 | 37636 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt | 0 | 11060 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 53221 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 704 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 99680 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 173046 |
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| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 165624 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 741596 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: OUTSIDE SERVICES. AMOUNT: 18,539. DESCRIPTION: CREDIT CARD CHARGES. AMOUNT: 753. TOTAL TO FORM 990-EZ, LINE 16: 19,292. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 7,500. END OF YEAR AMOUNT: 0. DESCRIPTION: DUE FROM RELATED PARTY. BEG. OF YEAR AMOUNT: 5,043. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2023-03-07 01:45:13Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOHN MATTHEWS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SEC/TREAS |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-02-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BRUINS FOUNDATION |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | C/O JOHN D MATTHEWS |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BRUI |
| ReturnHeader/Filer/EIN | 0 | 461133626 |
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| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 34555 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GREENVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 296140001 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 260793942 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MARTIN SMITH & COMPANY CPAS PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1212 HAYWOOD ROAD BLDG 100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GREENVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | SC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 296152200 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8642321040 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAVID A SMITH |
| ReturnHeader/ReturnTs | 0 | 2023-02-14T18:04:53-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JOHN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | MATTHEWS |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
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