Bridlewaves
- Assets
- $40.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Manassas, VA
- Founding
- 02/2001
- Data as of
- 12/2021
- EIN
- 54-1968080
Organization Overview
Bridlewaves is located in Manassas, VA. The organization was established in 2001. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridlewaves is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Bridlewaves generated $57.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $56.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
BRIDLEWAVES IS A YOUTH SWIM ORGANIZATION IN GAINESVILLE VA SERVING AS A YOUTH TEAM TO THE COMMUNITY PROMOTING SWIM TO THE COMMUNITY AND KIDS SINCE 1998
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Terhaar Secretary | 3 | $0 | |
Bob Edenberg Vice President | 3 | $0 | |
Brent Gilbert President | 3 | $0 | |
Stephen Witt Treasurer | 3 | $0 | |
Reggie Sheetz Team Manager | 3 | $0 | |
Alicia Shaughnessey Member At Large | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,250 |
| Total Program Service Revenue | $55,135 |
| Membership dues | $0 |
| Investment income | $471 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,856 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,760 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,884 |
| Total expenses | $56,644 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,930 |
| Other assets | $0 |
| Total assets | $40,930 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,930 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bridlewaves has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
American Academy Of Dermatology Inc Rosemont, IL PURPOSE: SHADE STRUCTURE GRANT PROGRAM | $8,000 |
Peer Organizations
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|---|---|---|
Emerald Youth Foundation Knoxville, TN | $26,135,509 | $10,102,853 |
Girls On The Run International Charlotte, NC | $10,723,648 | $6,480,865 |
Washington Nationals Philanthropies Washington, DC | $8,857,322 | $4,334,499 |
Tennessee Soccer Club Inc Brentwood, TN | $2,122,655 | $5,672,715 |
Peaceplayers International Washington, DC | $2,663,713 | $3,827,781 |
Impact Living Services Forest, VA | $3,151,473 | $6,118,517 |
Service Year Exchange Inc Washington, DC | $7,358,910 | $7,347,919 |
Richmond First Tee Richmond, VA | $10,036,196 | $3,399,029 |
Breakfree Education Columbia, MD | $2,710,082 | $3,378,734 |
Us Dream Academy Inc Silver Spring, MD | $1,470,975 | $3,095,850 |
Skillsusa Foundation Inc Leesburg, VA | $0 | $2,681,875 |
Washington Tennis & Education Washington, DC | $25,495,785 | $2,863,895 |