Form 990 for tax year 2023
Filed by BREMAN EDUCATIONAL FOUNDATION INC.
Totals
- Total revenue
- $158,029
- Total expenses
- $102,872
- Contributions and grants received
- $106,036
- Grants paid
- $40,852
- Program service revenue
- $0
- Investment income
- $10,950
- Other revenue
- $41,043
- Total assets, end of year
- $514,206
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $514,206
- Program services expenses (Part IX)
- $96,096
- Management and general expenses
- $6,776
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $96,096
Program services were 93.4% 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.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$106,036
-
3 · Investment income
total $10,950 · related or exempt $10,950
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$55,411
-
8b · Fundraising events: direct expenses
$14,368
-
8c · Net income from fundraising events
total $41,043
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $40,852 · program services $40,852
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $2,500 · management and general $2,500
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $4,220 · management and general $4,220
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Scholarships
total $35,300 · program services $35,300
-
24b · Other expenses: Teacher grants
total $10,145 · program services $10,145
-
24c · Other expenses: Gifts given
total $9,454 · program services $9,454
-
24d · Other expenses: Principal/Teacher Appreciation
total $345 · program services $345
-
24e · All other expenses
total $56 · management and general $56
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $11,820 · end of year $53,278
-
2 · Savings and temporary cash investments
beginning of year $447,229 · end of year $460,928
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $101,854 · end of year $158,842
-
28 · Net assets with donor restrictions
beginning of year $357,195 · end of year $355,364
Mission and programs · 2023
Mission
To improve the quality of education in the Bremen City School system, preserve and increase access to our system's unique heritage, promote broad based participation in the arts and cultural activities, improve children's readiness to learn and succeed in school, increase literacy, to act as fiscal agent for donors who wish to sponsor projects, teachers, and students, to grant scholarships for graduates.
-
The Foundation provided funds for education,teacher appreciation, fine arts, band and sound equipment.
Expenses $50,651
-
The Foundation granted 35 scholarships to Bremen High School graduates.
Expenses $35,300
-
The Foundation provided funds requested by various teachers for educational improvements in the City of Bremen Elementary, Middle and High Schools.
Expenses $10,145
As filed on the 2023 return.
Listed in Part VII
-
Candace Jones
Director
- Total calculated
- $2,000
- From this org
- $2,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0
-
Kiley Thompson
Chairman
- Total calculated
- $0
- Hours/week
- 0
-
Casey Pollard
Vice Chair
- Total calculated
- $0
- Hours/week
- 0
-
Jim Dudley
Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Heath Meadows
Treasurer
- Total calculated
- $0
- Hours/week
- 0
-
Sarah Sewell
Director
- Total calculated
- $0
- Hours/week
- 0
-
Marcus Morgan
Director
- Total calculated
- $0
- Hours/week
- 0
-
Kimberly Hodge
Director
- Total calculated
- $0
- Hours/week
- 0
-
Tracey Morris
Director
- Total calculated
- $0
- Hours/week
- 0
-
Amy Harrison
Director
- Total calculated
- $0
- Hours/week
- 0
-
Christina Hightower
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jenny Elliot
Director
- Total calculated
- $0
- Hours/week
- 0
-
Elizabeth Herrin
Director
- Total calculated
- $0
- Hours/week
- 0
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
-
$19,787
Stage and sound upgrades
-
$12,000
Band Program
-
$9,065
Recording studio
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521359349308042
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