Bvm Foundation 083115 FY2021 filing

Tax-deductible

Warrenton, VA501(c)(3)Foundations & GrantmakersEIN 32-6402148Revenue $161K in FY2021

On file with the IRSbvmtrustfoundation.orgPo Box 1247, 20188-1247 · Warrenton, VATax-exempt since Dec 2015Publicly supported charity — 170(b)(1)(A)(vi)

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The "Bvm Foundation" is dedicated to building a "culture of life", and believes in supporting missions that work in a substantive and intensely local way to bring that about, especially in the areas of pro-life services, education (from early childhood through college), and religious life.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
2 of 5
filings with a surplus
Average surplus $1K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $17K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$387K
56% of total assets
Fine: liabilities are 56% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$161K
-0.3% vs prior year
Spent
$162K
To programs
97%
Net assets
$300K
By yearFY2020–FY2024
Revenue
$161K
FY2021-0.3%
Tap a bar for its year
Revenue by fiscal year
FY2020$162K
FY2021$161K
FY2022$152K
FY2023$202K
FY2024$187K
Expenses
$162K
FY2021▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2020$166K
FY2021$162K
FY2022$163K
FY2023$182K
FY2024$185K
Net assets
$300K
FY2021-0.3%
Tap a bar for its year
Net assets by fiscal year
FY2020$301K
FY2021$300K
FY2022$289K
FY2023$309K
FY2024$311K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2015.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $157K Management & general 3% · $5K

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

6 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary/Tr
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jenny Sladky’s $7K as Administrati is at the 8th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Jenny Sladky$7,000$2,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports local pro-life services, education, and religious life to build a culture of life.

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Provided by the organization

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1 program · $157K · in their own filed words · FY2021
01

Support the culture of life by purchasing a women's health clinic in manassas virginia. Offering pro-life services using the assets purchased.

$157Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$17K
Grants paid · 6 grants · $467K · 2020–2024
Mother of Mercy Free ClinicFY2024$108,000
Mother of Mercy Free ClinicFY2023$62,000
Mother of Mercy Free ClinicFY2022$87,500
Catholic Charities of ArlingtonFY2022$12,354
Mother of Mercy Free ClinicFY2021$93,000
Mother of Mercy Free ClinicFY2020$104,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$161K
Ln 12
Gifts and grantsLn 1h$103K
Fees for servicesLn 2g$58K
Investment incomeLn 3$3
Money outPt IX
$162K
Ln 25
Programscol B$157K
Managementcol C$5K
Owns and owesPt X
$300K
net assets · Ln 32
Cash and savingsLn 1–2$13K
Total assetsLn 16$687K
LiabilitiesLn 26$387K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$103K
Fees for servicesLn 2g$58K
Investment incomeLn 3$3
Total revenueLn 12$161K
Assets in detailPt X, end of year
CashLn 1$8K
SavingsLn 2$5K
Cash and savings togetherLn 1–2$13K
Land, buildings, equipmentLn 10c$668K
Other assetsLn 15$2K
Total assetsLn 16$687K
LiabilitiesLn 26$387K
Net assetsLn 32$300K
OperationsPt I, VI
EmployeesI 50
VolunteersI 67
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 FY21End FY21
Cash and savingsLn 1–2$10K$13K
Land, buildings, equipmentLn 10c$682K$668K
Total assetsLn 16$698K$687K
LiabilitiesLn 26$397K$387K
Net assetsLn 32$301K$300K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$96K$96K
OccupancyLn 16$27K$27K
TravelLn 17$506$506
InterestLn 20$20K$20K
Depreciation, depletion and amortizationLn 22$14K$14K
Other expenses (24a–d)Ln 24$5K$5K
Total functional expensesLn 25$162K$157K$5K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $187K$185K$2K$311K 990 PDF
FY2023 $202K$182K$20K$309K 990 PDF
FY2022 $152K$163K−$11K$289K 990 PDF
FY2021 Viewing $161K$162K−$944$300K 990 PDF
FY2020 $162K$166K−$5K$301K 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 FY2021 990 (6 parts)
Part I · Summary $161,029 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $104,325$103,168
I-9 Program service revenuePrior year $57,248$57,858
I-10 Investment income$3
I-11 Other revenue$0
I-12 Total revenuePrior year $161,573$161,029
I-13 Grants and similar amounts paidPrior year $104,000$96,000
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $62,248$65,973
I-18 Total expensesPrior year $166,248$161,973
I-19 Revenue less expensesPrior year −$4,675−$944
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $161,029 across 5 lines filed
VIII-1f All other contributions, gifts and grants$103,168
VIII-1h Total contributions, gifts and grants$103,168
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $57,858$57,858
VIII-3 Investment incomeRelated to mission $3$3
VIII-12 Total revenueRelated to mission $57,861$161,029
Part IX · Statement of functional expenses $161,973 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $96,000$96,000
IX-16 OccupancyPrograms $26,626$26,626
IX-17 TravelManagement $506$506
IX-20 InterestPrograms $20,395$20,395
IX-22 Depreciation, depletion and amortizationPrograms $13,598$13,598
IX-24 Other expenses (24a–d)Management $4,848$4,848
IX-25 Total functional expensesPrograms $156,619 · Management $5,354 · Fundraising $0$161,973
Part X · Balance sheet $687,181 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $5,408$8,401
X-2 Savings and temporary cash investmentsStart of year $4,696$4,537
X-10c Land, buildings and equipment, netStart of year $681,614$668,329
X-14 Intangible assetsStart of year $3,827$3,515
X-15 Other assetsStart of year $2,308$2,399
X-16 Total assetsStart of year $697,853$687,181
X-24 Unsecured notes and loans payableStart of year $397,049$387,321
X-26 Total liabilitiesStart of year $397,049$387,321
X-27 Net assets without donor restrictionsStart of year $300,804$299,860
X-32 Total net assets or fund balancesStart of year $300,804$299,860
X-33 Total liabilities and net assetsStart of year $697,853$687,181
Part XI · Reconciliation of net assets $299,860 net assets at year end
XI-1 Total revenue$161,029
XI-2 Total expenses$161,973
XI-3 Revenue less expenses−$944
XI-4 Net assets at start of year$300,804
XI-10 Net assets at end of year$299,860

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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