Form 990 for tax year 2022

Totals

Total revenue

$3,630,421

Total expenses

$3,475,399

Contributions and grants received

$3,496,801

Grants paid

$1,812,693

Program service revenue

$0

Investment income

$172,632

Other revenue

-$39,012

Total assets, end of year

$7,189,537

Total liabilities, end of year

$154,018

Net assets or fund balances, end of year

$7,035,519

Program services expenses (Part IX)

$2,957,778

Management and general expenses

$377,467

Fundraising expenses

$140,154

Program service expenses (Part III)

$2,957,778

Program services were 85.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2022

• EDUCATION PROGRAMS-SCHOOL BASED. THE FOUNDATION SUPPORTS INNOVATION IN ALL 85 BREVARD PUBLIC SCHOOLS(BPS) BY RAISING FUNDS AND DIRECTING DONOR DESIGNATED GIFTS TO AREAS THAT ENHANCE EDUCATION. STUDENTS BENEFIT THROUGH PROGRAMS, SUCH AS ROBOTICS, INNOVATION LABS, SCIENCE AND ART FAIRS, AS WELL AS THROUGH PROFESSIONAL DEVELOPMENT AND TRAINING FOR BPS TEACHERS. THE FOUNDATION DIRECTLY SUPPORTS ANNUAL STUDY TRIPS FOR EACH OF THE DISTRICTS: 5TH GRADE STUDENTS TO THE BREVARD SYMPHONY ORCHESTRA; 6TH GRADE STUDENTS TO KENNEDY SPACE CENTER FOR THE DESTINATION SPACE PROGRAM; AND THE 8TH GRADE STUDENTS TO THE MOORE MULTICULTURAL CENTER. BSF HOSTS THE ABC AWARDS ANNUAL RECOGNITION EVENT, IMPLEMENTING SEVERAL TEACHING QUALITY INTIATIVES AND PROVIDING THE TAKE STOCK IN CHILDREN PROGRAM.

  Expenses $1,827,523

• ESTABLISHED IN 2014, THE SUPPLY ZONE FOR TEACHERS IS A RESOURCE CENTER THAT ENGAGES COMMUNITIES THROUGH SUPPLY DRIVES AND FUNDRAISING TO PROVIDE FREE SUPPLIES TO TEACHERS AT HIGH-POVERTY SCHOOLS. BY FOCUSING ON LOW-INCOME AND HOMELESS STUDENT POPULATIONS, THE SUPPLY ZONE WORKS TO ENSURE THAT ALL CHILDREN HAVE ACCESS TO THE NECESSARY SCHOOL SUPPLIES AND HYGIENE PRODUCTS DESPITE THEIR CIRCUMSTANCES. STUDENTS NO LONGER HAVE TO FEEL DISCONNECTED, EMBARRASSED, AND UNPREPARED WHEN THEY COME TO SCHOOL WITHOUT SUPPLIES; THE TOOLS THEY NEED TO SUCCEED ARE READY AND WAITING FOR THEM IN THE CLASSROOM. THE SUPPLY ZONE HAS DISTRIBUTED MORE THAN 7.5 MILLION IN FREE SUPPLIES SINCE INCEPTION.

  Expenses $515,516

• ESTABLISHED IN BREVARD COUNTY IN 1996, TAKE STOCK IN CHILDREN IS A DROP-OUT PREVENTION, COLLEGE READINESS, SCHOLARSHIP AND MENTORING PROGRAM FOR DESERVING, LOW-INCOME, AT-RISK MIDDLE AND HIGH SCHOOL STUDENTS WHO DESIRE TO ATTEND COLLEGE. TSIC PROMOTES PERSONAL GROWTH, SELF RESPONSIBILITY, AND ACADEMIC SUCCESS BY PROVIDING A UNIQUE SET OF RESOURCES INCLUDING MENTORS, SCHOLARSHIPS, LONG-TERM SUPPORT, STUDENT ADVOCACY, AND A GUARANTEED EDUCATIONAL OPPORTUNTY. UPON SUCCESSFUL COMPLETION, STUDENTS RECEIVE A TWO-YEAR COLLEGE SCHOLARSHIP. IN THE LAST FIVE YEARS, TAKE STOCK IN CHILDREN OF BREVARD COUNTY BOASTS A 100% GRADUATION RATE AND A 94% COLLEGE ENTRANCE RATE FOR STUDENTS WHO ENTER THE PROGRAM.

  Expenses $506,364 · Grants $316,668

• SCHOLARSHIPS AND STUDENT AWARDS - 148 AWARDED (94 SENIOR SCHOLARSHIPS AND 54 FLORIDA PREPAID SCHOLARSHIPS) SCHOLARSHIPS CHANGE LIVES BY HELPING STUDENTS ACHIEVE THEIR HIGHER EDUCATION GOALS AND DREAMS. THE SCHOLARSHIPS FOR GRADUATING SENIORS PROGRAM OFFERED MERIT OR NEED-BASED SCHOLARSHIP OPPORTUNITIES. THE FOUNDATIONS TAKE STOCK IN CHILDREN (TSIC) DROP-OUT PREVENTION PROGRAM OFFERED SCHOLARSHIPS FOR INCOME-ELIGIBLE STUDENTS WHO MET TSIC REQUIREMENTS.

  Expenses $108,375 · Grants $108,375

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

• SCHOOL BOARD OF BREVARD COUNTY FL

  $1,387,650

  SUPPORT BREV SCHOOLS

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• SCHOOL BOARD OF BREVARD COUNTY

  170C1 · EDUCATION · FL

  Directly controlled by NA

Provenance

Return type

form_990

Tax year

2022

Filed

25 April 2024

IRS schema version

2022v5.0

Source object

202441169349301754

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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