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Bgv Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Youth Development / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.13M (2023)

Expenses
$793k (2023)

Total Assets
$16.3M (2023)

Total Liabilities
$1.82k (2023)

Source: Form 990 tax filings from 2010 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,125,011
Expenses
$792,633
Net Income
$332,378
Net Assets
$16,337,296
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,122,246
99.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,765
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,339,119
Total Liabilities $1,823
Net Assets $16,337,296
Compensation
Key Employees and Officers Compensation Related Other
Will Kemp (Ceo & Direct) $0 $0 $0
Brian Flemming (Secretary &) $0 $0 $0
Byrd Simmons (Cfo) $0 $0 $0
David S Waller Jr (Director) $0 $0 $0
William Howard (Director) $0 $0 $0
Bryan Williams (Director) $0 $0 $0
Jack Langdale (Director) $0 $0 $0
Trav Paulk (Director) $0 $0 $0
Larry Cunningham (Director) $0 $0 $0
Brian Gerber (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,970,929
Expenses
$834,735
Net Income
$8,136,194
Net Assets
$16,008,168
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,846,902
98.6%
Program Services $0
Investment Income $124,226
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,520
Net Inventory Sales $0
Other Revenue $1,321
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,020,168
Total Liabilities $12,000
Net Assets $16,008,168
Compensation
Key Employees and Officers Compensation Related Other
Will Kemp (Ceo & Direct) $0 $0 $0
Brian Flemming (Secretary &) $0 $0 $0
Byrd Simmons (Cfo) $0 $0 $0
David S Waller Jr (Director) $0 $0 $0
William Howard (Director) $0 $0 $0
Bryan Williams (Director) $0 $0 $0
Jack Langdale (Director) $0 $0 $0
Trav Paulk (Director) $0 $0 $0
Larry Cunningham (Director) $0 $0 $0
Brian Gerber (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$122,289
Expenses
$458,070
Net Income
-$335,781
Net Assets
$7,871,974
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,296
10.1%
Program Services $0
Investment Income $63,177
51.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $46,791
38.3%
Net Inventory Sales $0
Other Revenue $25
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,881,575
Total Liabilities $9,601
Net Assets $7,871,974
Compensation
Key Employees and Officers Compensation Related Other
Will Kemp (Director) $0 $0 $0
David S Waller Jr (Ceo & Director) $0 $0 $0
Trav Paulk (Director) $0 $0 $0
William Howard (Director) $0 $0 $0
Neal Bradley (Director) $0 $0 $0
Jack Langdale (Director) $0 $0 $0
Bryan Williams (Director) $0 $0 $0
Brian Flemming (Secretary) $0 $0 $0
Byrd Simmons (Cfo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$127,639
Expenses
$517,139
Net Income
-$389,500
Net Assets
$7,947,841
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,755
6.1%
Program Services $0
Investment Income $70,281
55.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $49,575
38.8%
Net Inventory Sales $0
Other Revenue $28
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,961,585
Total Liabilities $13,744
Net Assets $7,947,841
Compensation
Key Employees and Officers Compensation Related Other
Will Kemp (Director) $0 $0 $0
David S Waller Jr (Ceo & Director) $0 $0 $0
Trav Paulk (Director) $0 $0 $0
William Howard (Director) $0 $0 $0
Neal Bradley (Director) $0 $0 $0
Jack Langdale (Director) $0 $0 $0
Bryan Williams (Director) $0 $0 $0
Brian Flemming (Secretary) $0 $0 $0
Byrd Simmons (Cfo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$716,908
Expenses
$1,533,170
Net Income
-$816,262
Net Assets
$8,299,430
Notable Sources of Revenue Percent of Total Revenue
Contributions $525,895
73.4%
Program Services $0
Investment Income $98,882
13.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $92,209
12.9%
Net Inventory Sales $0
Other Revenue -$78
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,304,232
Total Liabilities $4,802
Net Assets $8,299,430
Compensation
Key Employees and Officers Compensation Related Other
Johnny Ball (Director) $0 $0 $0
David S Waller Jr (Ceo & Director) $0 $0 $0
Trav Paulk (Director) $0 $0 $0
William Howard (Director) $0 $0 $0
Neal Bradley (Director) $0 $0 $0
Jack Langdale (Director) $0 $0 $0
Bryan Williams (Director) $0 $0 $0
Brian Flemming (Secretary) $0 $0 $0
Byrd Simmons (Cfo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$920,202
Expenses
$631,110
Net Income
$289,092
Net Assets
$8,849,879
Notable Sources of Revenue Percent of Total Revenue
Contributions $791,318
86.0%
Program Services $0
Investment Income $112,034
12.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,400
0.3%
Net Fundraising $0
Sales of Assets $14,312
1.6%
Net Inventory Sales $0
Other Revenue $138
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,849,879
Total Liabilities $0
Net Assets $8,849,879
Compensation
Key Employees and Officers Compensation Related Other
Johnny Ball (Director) $0 $0 $0
David S Waller Jr (Ceo & Director) $0 $0 $0
Trav Paulk (Director) $0 $0 $0
William Howard (Director) $0 $0 $0
Neal Bradley (Director) $0 $0 $0
Jack Langdale (Director) $0 $0 $0
Bryan Williams (Director) $0 $0 $0
Brian Flemming (Secretary) $0 $0 $0
Byrd Simmons (Cfo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,217,003
Expenses
$7,317,377
Net Income
-$2,100,374
Net Assets
$8,944,691
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,093,297
97.6%
Program Services $0
Investment Income $124,126
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,600
0.0%
Net Fundraising $0
Sales of Assets -$2,050
Net Inventory Sales $0
Other Revenue $30
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,944,691
Total Liabilities $0
Net Assets $8,944,691
Compensation
Key Employees and Officers Compensation Related Other
David S Waller Jr (Ceo & Director) $0 $0 $0
Trav Paulk (Director) $0 $0 $0
William Howard (Director) $0 $0 $0
Neal Bradley (Director) $0 $0 $0
Brian Flemming (Director) $0 $0 $0
Jack Langdale (Director) $0 $0 $0
Bryan Williams (Director) $0 $0 $0
Robert L Soper (Secretary) $0 $0 $0
Byrd Simmons (Cfo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$779,122
Expenses
$275,741
Net Income
$503,381
Net Assets
$10,796,669
Notable Sources of Revenue Percent of Total Revenue
Contributions $327,250
42.0%
Program Services $0
Investment Income $438,882
56.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $12,948
1.7%
Net Inventory Sales $0
Other Revenue $42
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,796,669
Total Liabilities $0
Net Assets $10,796,669
Compensation
Key Employees and Officers Compensation Related Other
David S Waller Jr (Ceo & Director) $0 $0 $0
Laura Perlman (Director) $0 $0 $0
William Howard (Director) $0 $0 $0
Neal Bradley (Director) $0 $0 $0
Brian Flemming (Director) $0 $0 $0
Jack Langdale (Director) $0 $0 $0
Johnny Ball (Director) $0 $0 $0
Bryan Williams (Director) $0 $0 $0
L Andrew Smith (Director) $0 $0 $0
Robert L Soper (Secretary) $0 $0 $0
Byrd Simmons (Cfo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$761,463
Expenses
$260,508
Net Income
$500,955
Net Assets
$10,170,870
Notable Sources of Revenue Percent of Total Revenue
Contributions $320,935
42.1%
Program Services $0
Investment Income $447,821
58.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$7,348
Net Inventory Sales $0
Other Revenue $55
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,170,870
Total Liabilities $0
Net Assets $10,170,870
Compensation
Key Employees and Officers Compensation Related Other
David S Waller Jr (Ceo & Director) $0 $0 $0
Laura Perlman (Director) $0 $0 $0
William Howard (Director) $0 $0 $0
Neal Bradley (Director) $0 $0 $0
Jack Langdale (Director) $0 $0 $0
Johnny Ball (Director) $0 $0 $0
Bryan Williams (Director) $0 $0 $0
L Andrew Smith (Director) $0 $0 $0
Robert L Soper (Secretary) $0 $0 $0
Byrd Simmons (Cfo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,363,041
Expenses
$310,117
Net Income
$1,052,924
Net Assets
$9,754,551
Notable Sources of Revenue Percent of Total Revenue
Contributions $905,645
66.4%
Program Services $0
Investment Income $398,442
29.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $58,879
4.3%
Net Inventory Sales $0
Other Revenue $75
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,757,543
Total Liabilities $2,992
Net Assets $9,754,551
Compensation
Key Employees and Officers Compensation Related Other
Robert L Soper (Director) $0 $0 $0
David S Waller Jr (Ceo & Director) $0 $0 $0
Laura Perlman (Director) $0 $0 $0
William Howard (Director) $0 $0 $0
Neal Bradley (Director) $0 $0 $0
David S Waller Sr (Director) $0 $0 $0
Jack Langdale (Director) $0 $0 $0
Johnny Ball (Director) $0 $0 $0
Brian Williams (Director) $0 $0 $0
L Andrew Smith (Director) $0 $0 $0
Byrd Simmons (Cfo) $0 $0 $0
Jim Wink (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,200,658
Expenses
$344,311
Net Income
$856,347
Net Assets
$8,669,747
Notable Sources of Revenue Percent of Total Revenue
Contributions $558,655
46.5%
Program Services $0
Investment Income $341,854
28.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $300,056
25.0%
Net Inventory Sales $0
Other Revenue $93
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,514,744
Total Liabilities $844,997
Net Assets $8,669,747
Compensation
Key Employees and Officers Compensation Related Other
Robert L Soper (Director) $0 $0 $0
David S Waller Jr (Ceo & Director) $0 $0 $0
Laura Perlman (Director) $0 $0 $0
William Howard (Director) $0 $0 $0
Neal Bradley (Director) $0 $0 $0
David S Waller Sr (Director) $0 $0 $0
Jack Langdale (Director) $0 $0 $0
Johnny Ball (Director) $0 $0 $0
Brian Williams (Director) $0 $0 $0
L Andrew Smith (Director) $0 $0 $0
Byrd Simmons (Cfo) $0 $0 $0
Jim Wink (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,062,958
Expenses
$296,335
Net Income
$766,623
Net Assets
$7,847,936
Notable Sources of Revenue Percent of Total Revenue
Contributions $628,420
59.1%
Program Services $0
Investment Income $323,180
30.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $111,255
10.5%
Net Inventory Sales $0
Other Revenue $103
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,227,936
Total Liabilities $1,380,000
Net Assets $7,847,936

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,581,775
Expenses
$749,457
Net Income
$832,318
Net Assets
$7,113,185
Notable Sources of Revenue Percent of Total Revenue
Contributions $926,005
58.5%
Program Services $0
Investment Income $260,217
16.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $395,446
25.0%
Net Inventory Sales $0
Other Revenue $107
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,033,185
Total Liabilities $1,920,000
Net Assets $7,113,185

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,544,261
Expenses
$298,287
Net Income
$1,245,974
Net Assets
$6,403,840
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,184,879
76.7%
Program Services $0
Investment Income $293,928
19.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $64,562
4.2%
Net Inventory Sales $0
Other Revenue $892
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,863,840
Total Liabilities $2,460,000
Net Assets $6,403,840

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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