Civic Intelligence

Broadwater Academy

990 • Fiscal year 2024 • EIN 54-0799130

Jul 01, 2023 to Jun 30, 2024 • Filed on Mar 06, 2025

PO Box 546Exmore, VA 22350

(757) 442-9041

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.87x

Higher debt load relative to assets than 91% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

1.00x

Higher debt load relative to revenue than 84% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

36th percentile

-0.2%

Higher net margin than 36% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$199,424

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

60th percentile

8.2%

Faster asset growth than 60% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

11%

Faster revenue growth than 55% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,094,803

Up $384,331 (+8.2%) from 2023

Net Assets

Down

$660,360

Down $4,462 (-0.7%) from 2023

Liabilities

Up

$4,434,443

Up $388,793 (+9.6%) from 2023

Revenue

Up

$4,438,307

Up $436,938 (+11%) from 2023

Expenses

Up

$4,447,475

Up $184,410 (+4.3%) from 2023

Net Income

Up

-$9,168

Up $252,528 (+96%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $5,067,958Liabilities 2011: $587,346Net Assets 2011: $4,480,6122011Assets 2012: $3,950,952Liabilities 2012: $1,137,652Net Assets 2012: $2,813,3002012Assets 2013: $3,903,030Liabilities 2013: $1,118,899Net Assets 2013: $2,784,1312013Assets 2014: $3,923,545Liabilities 2014: $1,337,404Net Assets 2014: $2,586,1412014Assets 2015: $3,669,333Liabilities 2015: $1,634,848Net Assets 2015: $2,034,4852015Assets 2016: $4,317,406Liabilities 2016: $2,647,010Net Assets 2016: $1,670,3962016Assets 2017: $4,874,471Liabilities 2017: $3,924,494Net Assets 2017: $949,9772017Assets 2018: $5,490,774Liabilities 2018: $4,454,125Net Assets 2018: $1,036,6492018Assets 2019: $5,065,272Liabilities 2019: $4,169,682Net Assets 2019: $895,5902019Assets 2020: $5,211,524Liabilities 2020: $4,741,484Net Assets 2020: $470,0402020Assets 2021: $5,201,579Liabilities 2021: $4,685,453Net Assets 2021: $516,1262021Assets 2022: $5,203,721Liabilities 2022: $4,281,390Net Assets 2022: $922,3312022Assets 2023: $4,710,472Liabilities 2023: $4,045,650Net Assets 2023: $664,8222023Assets 2024: $5,094,803Liabilities 2024: $4,434,443Net Assets 2024: $660,3602024Assets 2025: $4,270,205Liabilities 2025: $3,619,735Net Assets 2025: $650,4702025

Highlighted filing

2024

Assets$5,094,803
Liabilities$4,434,443
Net Assets$660,360

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,361,1942011Expenses 2012: $3,756,9612012Revenue 2013: $3,650,326Expenses 2013: $3,790,237Net Income 2013: -$139,9112013Revenue 2014: $3,640,409Expenses 2014: $3,918,524Net Income 2014: -$278,1152014Revenue 2015: $3,580,170Expenses 2015: $4,038,545Net Income 2015: -$458,3752015Revenue 2016: $3,553,524Expenses 2016: $3,917,613Net Income 2016: -$364,0892016Revenue 2017: $3,062,705Expenses 2017: $3,583,073Net Income 2017: -$520,3682017Revenue 2018: $3,165,673Expenses 2018: $3,407,180Net Income 2018: -$241,5072018Revenue 2019: $3,328,446Expenses 2019: $3,500,693Net Income 2019: -$172,2472019Revenue 2020: $2,894,053Expenses 2020: $3,154,892Net Income 2020: -$260,8392020Revenue 2021: $3,545,866Expenses 2021: $3,541,557Net Income 2021: $4,3092021Revenue 2022: $4,139,571Expenses 2022: $3,722,174Net Income 2022: $417,3972022Revenue 2023: $4,001,369Expenses 2023: $4,263,065Net Income 2023: -$261,6962023Revenue 2024: $4,438,307Expenses 2024: $4,447,475Net Income 2024: -$9,1682024Revenue 2025: $4,157,415Expenses 2025: $4,177,202Net Income 2025: -$19,7872025

Highlighted filing

2024

Revenue$4,438,307
Expenses$4,447,475
Net Income-$9,168
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 6, 2025
Return Version
2023v6.0
Gross Receipts
$4,472,504
Mission and Program Overview

Mission

Broadwater academy is an independent, non-profit institution that exists to provide an academic-based educational program and to provide non-academic programs which enhance and facilitate the development of students who are prepared to succeed in a college program and to contribute to a changing society upon graduation. The academy admits students of any race, color, national and ethnic origin who are all entitled to all the rights, priviledges, programs and activites generally accorded or made available to students at the school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,033,096$1,854,135▼ $178,961
Accounts Receivable$1,819,788$1,837,912▲ $18,124
Pledges and Grants Receivable$4,756$648,446▲ $643,690
Cash and Non-Interest-Bearing Accounts$518,393$575,694▲ $57,301
Savings and Temporary Cash Investments$74,915$77,829▲ $2,914
Prepaid Expenses and Deferred Charges$32,954$24,579▼ $8,375
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$4,710,472$5,094,803▲ $384,331
Other Assets Total$226,570$76,208▼ $150,362
Liabilities
Deferred Revenue$2,740,929$2,984,644▲ $243,715
Other Liabilities$701,613$911,742▲ $210,129
Mortgage Notes Payable Secured by Investment Property$356,336$288,530▼ $67,806
Accounts Payable and Accrued Expenses$246,772$249,527▲ $2,755
Total Liabilities$4,045,650$4,434,443▲ $388,793
Net Assets / Fund Balance
Net Assets With Donor Restrictions$345,937$334,485▼ $11,452
Net Assets Without Donor Restrictions$318,885$325,875▲ $6,990
Total Net Assets Fund Balance$664,822$660,360▼ $4,462
Total Liabilities and Net Assets / Fund Balance$4,710,472$5,094,803▲ $384,331

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,352,878$4,230,576$5,583,454
Equipment$327,863$1,025,259$1,353,122
Land$153,098-$153,098
Other Land Buildings$20,296$63,468$83,764
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Francis RyanHead of SchoolFT$166,012$33,412$199,424
Steven M BeloteCFOFT$79,052$4,104$83,156
Barbara ParkerAssistant Head of SchoolFT$77,000$4,072$81,072

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,181,561
Program Service Revenue
$3,212,266
Investment Income
$6,929
Other Revenue
$37,551
All Other Contributions
$420,825
Change in Net Assets
$-9,168

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,437,764
Revenue Not Reported on Financial Statements
$543
Revenue Not Reported on Form 990
$38,903
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$4,476,667
Total Revenue per Form 990
$4,438,307
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,126,501
Other Expenses$1,320,974
Total Fundraising Expense$137,630
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,040,648$318,041$15,333$2,374,022
Current Officers, Directors, Trustees, and Key Employees$159,959$160,486$48,463$368,908
Depreciation Depletion$261,320$10,295$3,007$274,622
Occupancy$232,632$26,313$2,526$261,471
Payroll Taxes$170,957$26,817$3,352$201,126
Other Employee Benefits$155,078$24,326$3,041$182,445
Fees for Services Accounting-$121,092-$121,092
Fees for Services Other$0$72,215$0$72,215
Insurance-$58,172-$58,172
Interest-$54,027-$54,027
Information Technology$52,385--$52,385
Office Expenses$30,523$6,679$12,886$50,088
Advertising-$24,187$17,178$41,365
Fees for Services Legal-$7,332-$7,332
Other Expenses$52,219$4,139$31,844$4,139
Fees for Service Investment Mgmnt Fees-$543-$543
Total Functional Expenses$3,346,646$963,199$137,630$4,447,475

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,481,129
Total Expenses per Form 990$4,447,475
Expenses per Audited Statements$4,446,932
Expenses Not Reported on Form 990$34,197
Expenses Not Reported on Financial Statements$543
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$71,748
Fundraising Direct Expenses$34,197
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala and Auction$119,723$67,373$12,027$55,346
Annual Oyster Roast$9,960$4,375$180$4,195
Total Events$129,683$71,748$34,197$37,551
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Broadwater Academy Foundation$859,771
Operating Lease Liability$51,971
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 18

Governing documents disclosure explain governing documents are available to the public upon request

Form 990, Part VI, Line 11B Review of form 990 by governing body

Finance committee members have the opportunity to review the tax return before filing

Form 990, Part VI, Line 12C Conflict of interest policy

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 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 if its tax-exempt purposes. The policy includes procedures that involve 1) a duty to disclose 2) determining whether a conflict of interest exists and 4) additional steps if violations of the conflicts of interest policy exist

Form 990, Part VI, Line 15A Process to establish compensation of top management official

It is the duty of the finance committee and board of directors to approve compensation for headmaster, ceo, and employees of the school

Form 990, Part VI, Line 19 Required documents available to the public

Governing documents disclosure explain governing documents are available to the public upon request

Filing and Contact Details

Filer

Filer Name
Broadwater Academy
EIN
54-0799130
Phone
7574429041
Address
PO BOX 546, EXMORE, VA 22350

Signing Officer

Name
Steven M Belote
Title
Chief Financial Officer
Phone
7574429041
Signed
2025-03-06
Discuss with paid preparer
Yes

Organization Details

Formed
1965
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
15
Employees
89
Volunteers
69

Preparer

Firm
Forvis Mazars LLP
Address
500 Ridgefield Court, Asheville, NC 28806
Preparer
Amy Bibby
Phone
8282542254
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Change in Split Interest Agreement - 4706;

Form 990, Part XII, Line 2C

The process has not changed from the prior year.

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The organization is exempt from federal and state income taxes under internal revenue code section 501(c)(3) and the commonwealth of virginia and therefore has made no provisions for federal or state income taxes.

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

Change in Split Interest Agreement - 4706 Special Event Expenses - 34197

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

Special Event Expenses - 34197

Raw XML AppendixShowing 400 of 686 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0246772
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0249527
IRS990/AccountsReceivableGrp/BOYAmt01819788
IRS990/AccountsReceivableGrp/EOYAmt01837912
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0BROADWATER ACADEMY IS AN INDEPENDENT, NON-PROFIT INSTITUTION THAT EXISTS TO PROVIDE AN ACADEMIC-BASED EDUCATIONAL PROGRAM AND TO PROVIDE NON-ACADEMIC PROGRAMS WHICH ENHANCE AND FACILITATE THE DEVELOPMENT OF STUDENTS WHO ARE PREPARED TO SUCCEED IN A COLLEGE PROGRAM AND TO CONTRIBUTE TO A CHANGING SOCIETY UPON GRADUATION. THE ACADEMY ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN WHO ARE ALL ENTITLED TO ALL THE RIGHTS, PRIVILEDGES, PROGRAMS AND ACTIVITES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL.
IRS990/AdvertisingGrp/FundraisingAmt017178
IRS990/AdvertisingGrp/ManagementAndGeneralAmt024187
IRS990/AdvertisingGrp/TotalAmt041365
IRS990/AllOtherContributionsAmt0420825
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt00
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum07574429041
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 546
IRS990/BooksInCareOfDetail/USAddress/CityNm0EXMORE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd022350
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0518393
IRS990/CashNonInterestBearingGrp/EOYAmt0575694
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt048463
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0160486
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0159959
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0368908
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContriRptFundraisingEventAmt057935
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01181561
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06929
IRS990/CYOtherExpensesAmt01320974
IRS990/CYOtherRevenueAmt037551
IRS990/CYProgramServiceRevenueAmt03212266
IRS990/CYRevenuesLessExpensesAmt0-9168
IRS990/CYSalariesCompEmpBnftPaidAmt03126501
IRS990/CYTotalExpensesAmt04447475
IRS990/CYTotalFundraisingExpenseAmt0137630
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04438307
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt02740929
IRS990/DeferredRevenueGrp/EOYAmt02984644
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt03007
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt010295
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0261320
IRS990/DepreciationDepletionGrp/TotalAmt0274622
IRS990/Desc0EDUCATIONAL INSTRUCTION AND SERVICES PROVIDED TO APPROXIMATELY 292 STUDENTS. SERVICES INCLUDE BUS TRANSPORTATION, ATHLETICS AND OTHER EXTRACURRICULAR ACTIVITES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0345937
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0334485
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt089
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03076179
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0121092
IRS990/FeesForServicesAccountingGrp/TotalAmt0121092
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt07332
IRS990/FeesForServicesLegalGrp/TotalAmt07332
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt072215
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt072215
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0543
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0543
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt81.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt91.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt101.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt111.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt121.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt131.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt141.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt151.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt161.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt171.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt181.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt195.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1750.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1850.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1950.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt174072
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1833412
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt194104
IRS990/Form990PartVIISectionAGrp/PersonNm0CHRIS WILLIS
IRS990/Form990PartVIISectionAGrp/PersonNm1Daniel Hooper
IRS990/Form990PartVIISectionAGrp/PersonNm2HOLLY BUNDICK
IRS990/Form990PartVIISectionAGrp/PersonNm3JON WEHNER
IRS990/Form990PartVIISectionAGrp/PersonNm4Ann Arseniu Gallivan
IRS990/Form990PartVIISectionAGrp/PersonNm5Annette Brickhouse
IRS990/Form990PartVIISectionAGrp/PersonNm6Blake Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm7Brent Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm8Clint Crouse
IRS990/Form990PartVIISectionAGrp/PersonNm9Jim Schaeffer
IRS990/Form990PartVIISectionAGrp/PersonNm10JP Binard
IRS990/Form990PartVIISectionAGrp/PersonNm11Kristy Hickman
IRS990/Form990PartVIISectionAGrp/PersonNm12Martha Sutherland
IRS990/Form990PartVIISectionAGrp/PersonNm13Pete Duer
IRS990/Form990PartVIISectionAGrp/PersonNm14Sierra Knight-Magee
IRS990/Form990PartVIISectionAGrp/PersonNm15Spencer Shelley
IRS990/Form990PartVIISectionAGrp/PersonNm16Will Russell
IRS990/Form990PartVIISectionAGrp/PersonNm17BARBARA PARKER
IRS990/Form990PartVIISectionAGrp/PersonNm18FRANCIS RYAN
IRS990/Form990PartVIISectionAGrp/PersonNm19STEVEN M BELOTE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1777000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18166012
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1979052
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17ASSISTANT HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt18HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt19CFO
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01965
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt057935
IRS990/FundraisingDirectExpensesAmt034197
IRS990/FundraisingGrossIncomeAmt071748
IRS990/GainOrLossGrp/OtherAmt06557
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt0648446
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt06557
IRS990/GrossReceiptsAmt04472504
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt052385
IRS990/InformationTechnologyGrp/TotalAmt052385
IRS990/InsuranceGrp/ManagementAndGeneralAmt058172
IRS990/InsuranceGrp/TotalAmt058172
IRS990/InterestGrp/ManagementAndGeneralAmt054027
IRS990/InterestGrp/TotalAmt054027
IRS990/InvestmentIncomeGrp/ExclusionAmt0372
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0372
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05319303
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02033096
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01854135
IRS990/LandBldgEquipCostOrOtherBssAmt07173438
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0BROADWATER ACADEMY IS AN INDEPENDENT, NON-PROFIT INSTITUTION THAT EXISTS TO PROVIDE AN ACADEMIC-BASED EDUCATIONAL PROGRAM AND TO PROVIDE NON-ACADEMIC PROGRAMS WHICH ENHANCE AND FACILITATE THE DEVELOPMENT OF STUDENTS WHO ARE PREPARED TO SUCCEED IN A COLLEGE PROGRAM AND TO CONTRIBUTE TO A CHANGING SOCIETY UPON GRADUATION. THE ACADEMY ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN WHO ARE ALL ENTITLED TO ALL THE RIGHTS, PRIVILEDGES, PROGRAMS AND ACTIVITES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0356336
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0288530
IRS990/NetAssetsOrFundBalancesBOYAmt0664822
IRS990/NetAssetsOrFundBalancesEOYAmt0660360
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt06557
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt06557
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt037551
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt037551
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0318885
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0325875
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt02526
IRS990/OccupancyGrp/ManagementAndGeneralAmt026313
IRS990/OccupancyGrp/ProgramServicesAmt0232632
IRS990/OccupancyGrp/TotalAmt0261471
IRS990/OfficeExpensesGrp/FundraisingAmt012886
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06679
IRS990/OfficeExpensesGrp/ProgramServicesAmt030523
IRS990/OfficeExpensesGrp/TotalAmt050088
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0226570
IRS990/OtherAssetsTotalGrp/EOYAmt076208
IRS990/OtherChangesInNetAssetsAmt04706
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03041
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024326
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0155078
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0182445
IRS990/OtherExpensesGrp/Desc0Other Program Costs
IRS990/OtherExpensesGrp/Desc1Development/Instruction Costs
IRS990/OtherExpensesGrp/Desc2Bad Debts
IRS990/OtherExpensesGrp/Desc3Licenses and Taxes
IRS990/OtherExpensesGrp/FundraisingAmt031844
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt048535
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14139
IRS990/OtherExpensesGrp/ProgramServicesAmt0190925
IRS990/OtherExpensesGrp/ProgramServicesAmt152219
IRS990/OtherExpensesGrp/TotalAmt0222769
IRS990/OtherExpensesGrp/TotalAmt152219
IRS990/OtherExpensesGrp/TotalAmt248535
IRS990/OtherExpensesGrp/TotalAmt34139
IRS990/OtherLiabilitiesGrp/BOYAmt0701613
IRS990/OtherLiabilitiesGrp/EOYAmt0911742
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt015333
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0318041
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02040648
IRS990/OtherSalariesAndWagesGrp/TotalAmt02374022
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03352
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026817
IRS990/PayrollTaxesGrp/ProgramServicesAmt0170957
IRS990/PayrollTaxesGrp/TotalAmt0201126
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt04756
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0648446
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032954
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024579
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0STEVEN M BELOTE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0Net Tuition and Fees
IRS990/ProgramServiceRevenueGrp/Desc1Other Student Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02859840
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1352426
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02859840
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1352426
IRS990/ProgSrvcAccomActy2Grp/Desc0TUITION GRANTS AND FINANCIAL AID CREDITS ARE USED TO ASSIST STUDENTS IN ATTENDING THE ACADEMY WHEN THEY WOULD OTHERWISE NOT BE FINANCIALLY ABLE TO DO SO, APPROXIMATELY 157 DIRECTLY EACH YEAR.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0270467
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0495488
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.27$3.62$0.65$4.16$4.18$0.02
2024Detailed filing. Detailed filing data is available for this year.$5.09$4.43$0.66$4.44$4.45$0.01
2023Detailed filing. Detailed filing data is available for this year.$4.71$4.05$0.66$4.00$4.26$0.26
2022Detailed filing. Detailed filing data is available for this year.$5.20$4.28$0.92$4.14$3.72$0.42
2021Detailed filing. Detailed filing data is available for this year.$5.20$4.69$0.52$3.55$3.54$0.00
2020Detailed filing. Detailed filing data is available for this year.$5.21$4.74$0.47$2.89$3.15$0.26
2019Detailed filing. Detailed filing data is available for this year.$5.07$4.17$0.90$3.33$3.50$0.17
2018Detailed filing. Detailed filing data is available for this year.$5.49$4.45$1.04$3.17$3.41$0.24
2017Detailed filing. Detailed filing data is available for this year.$4.87$3.92$0.95$3.06$3.58$0.52
2016Detailed filing. Detailed filing data is available for this year.$4.32$2.65$1.67$3.55$3.92$0.36
2015Detailed filing. Detailed filing data is available for this year.$3.67$1.63$2.03$3.58$4.04$0.46
2014Detailed filing. Detailed filing data is available for this year.$3.92$1.34$2.59$3.64$3.92$0.28
2013Summary only. Only limited summary data is available for this year.$3.90$1.12$2.78$3.65$3.79$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$1.14$2.81$3.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.07$0.59$4.48$3.36