A Broader Way Foundation

Tax-deductible

New York, NY501(c)(3)Recreation & SportsEIN 27-3491528

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A Broader Way foundation's basic goal is amplifying the power of young women through the arts. The Foundation is dedicated to using the beauty, experience, discipline, joy, energy, and spirit of the arts to develop future leaders. Our participants sharpen their tools to understand and appreciate themselves as individuals and as members of a community. These young women will US their leasership skills to address the social imbalances due to race, class, and gender that exist throughout the world today.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $36K a year · 8% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Fine: 75% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $142K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$232K
-52% vs prior year
Spent
$350K
To programs
75%
Net assets
$245K
By yearFY2020–FY2024
Revenue
$232K
FY2024▼ -52%
Revenue by fiscal year
FY2020$237K
FY2021$869K
FY2022$385K
FY2023$483K
FY2024$232K
Expenses
$350K
FY2024▼ -48%
Expenses by fiscal year
FY2020$419K
FY2021$436K
FY2022$512K
FY2023$668K
FY2024$350K
Net assets
$245K
FY2024▼ -26%
Net assets by fiscal year
FY2020$248K
FY2021$637K
FY2022$480K
FY2023$329K
FY2024$245K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $261K Management & general 25% · $89K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See A Broader Way Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowers young women through arts to develop leadership and address social imbalances.

Provided by the organization

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2 programs · $261K · in their own filed words · FY2024
01

Camp broaderway is a four-year abw journey. The 10-DAY camp session is anchored by the rigorous, process-based exploration of four core disciplines of theater, voice, dance, and spoken word.

$178Kprogram expense
02

A broader way foundation's year round programing is comprised of three distinct components; workshops, experiences and mentoring. The programs offered in the year round programming are as follows:school-year programthe abw future leader school-year program includes quarterly workshops, performances social gatherings & reunions, auxiliary…

$83Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 5 funders$142K
See all 5 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$232K
Ln 12
Gifts and grantsLn 1h$225K
Investment incomeLn 3$7K
Money outPt IX
$350K
Ln 25
Programscol B$261K
Managementcol C$89K
Owns and owesPt X
$245K
net assets · Ln 32
Cash and savingsLn 1–2$101K
Total assetsLn 16$245K
LiabilitiesLn 26$0
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$225K
Noncash giftsLn 1g$13K
Investment incomeLn 3$7K
Total revenueLn 12$232K
Assets in detailPt X, end of year
CashLn 1$101K
Cash and savings togetherLn 1–2$101K
InvestmentsLn 11–13$142K
Land, buildings, equipmentLn 10c$1K
Total assetsLn 16$245K
LiabilitiesLn 26$0
Net assetsLn 32$245K
OperationsPt I, VI
EmployeesI 519
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$218K$101K
InvestmentsLn 11–13$109K$142K
Land, buildings, equipmentLn 10c$2K$1K
Total assetsLn 16$329K$245K
LiabilitiesLn 26$0$0
Net assetsLn 32$329K$245K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$99K$84K$15K
Payroll taxesLn 10$15K$13K$2K
Other fees for servicesLn 11g$41K$41K
Office expensesLn 13$1K$1K
Depreciation, depletion and amortizationLn 22$860$860
InsuranceLn 23$13K$11K$2K
Other expenses (24a–d)Ln 24$154K$128K$25K
All other expensesLn 24e$27K$25K$2K
Total functional expensesLn 25$350K$261K$89K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $232K$350K−$117K$245K 990 PDF
FY2023 $483K$668K−$185K$329K 990 PDF
FY2022 $385K$512K−$127K$480K 990 PDF
FY2021 $869K$436K$433K$637K 990 PDF
FY2020 $237K$419K−$183K$248K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $232,427 across 5 lines filed
VIII-1f All other contributions, gifts and grants$225,447
VIII-1g Noncash contributions (included above)$12,887
VIII-1h Total contributions, gifts and grants$225,447
VIII-3 Investment incomeUnrelated business $6,980$6,980
VIII-12 Total revenueRelated to mission $0 · Unrelated business $6,980 · Excluded from tax $0$232,427
Part IX · Statement of functional expenses $349,782 across 8 lines filed
IX-7 Other salaries and wagesPrograms $83,618 · Management $15,048$98,666
IX-10 Payroll taxesPrograms $12,707 · Management $2,287$14,994
IX-11g Other fees for servicesManagement $40,516$40,516
IX-13 Office expensesManagement $1,442$1,442
IX-22 Depreciation, depletion and amortizationManagement $860$860
IX-23 InsurancePrograms $10,825 · Management $1,852$12,677
IX-24 Other expenses (24a–d)Programs $128,210 · Management $25,304$153,514
IX-24e All other expensesPrograms $25,383 · Management $1,730$27,113
IX-25 Total functional expensesPrograms $260,743 · Management $89,039 · Fundraising $0$349,782
Part X · Balance sheet $244,788 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $217,887$101,393
X-10c Land, buildings and equipment, netStart of year $2,267$1,407
X-11 Publicly traded securitiesStart of year $109,165$141,988
X-16 Total assetsStart of year $329,319$244,788
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $329,319$244,788
X-32 Total net assets or fund balancesStart of year $329,319$244,788
X-33 Total liabilities and net assetsStart of year $329,319$244,788
Part XI · Reconciliation of net assets $244,788 net assets at year end
XI-1 Total revenue$232,427
XI-2 Total expenses$349,782
XI-3 Revenue less expenses−$117,355
XI-4 Net assets at start of year$329,319
XI-5 Net unrealized gains (losses) on investments$32,824
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$244,788

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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