2024-05-14T09:56:29-05:00 2023-06-30 721396621 CARR RIGGS & INGRAM LLC 4004 SUMMIT BLVD NE SUITE 800 ATLANTA GA 30319 990 2022-07-01 582361829 BRIDGEWAY FOUNDATION FOR EDUCATION INC BRID 7707511972 4755 KIMBALL BRIDGE ROAD ALPHARETTA GA 30005 JOY HODGES CFO 7707511972 2024-01-24 1 JOY HODGES 999009999 0 TIFFANY T ORR CPA P01559485 7703948000 2024-01-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z VALOR CHRISTIAN ACADEMY PHIL VAN GELDER 4755 KIMBALL BRIDGE ROAD ALPHARETTA GA 30005 4151071 0 X VALORLIONS.ORG X 1997 GA TO PARTNER WITH PARENTS IN A JESUS-CENTERED COMMUNITY TO EDUCATE, STRENGTHEN AND EQUIP THE WHOLE CHILD. 10 10 80 15 0 0 639088 330204 3317710 3639549 15563 17984 82144 163334 4054505 4151071 57536 32400 0 0 2170387 2760761 0 0 75471 1172852 1443412 3400775 4236573 653730 -85502 7025399 9911967 4736573 7703524 2288826 2208443 TO PARTNER WITH PARENTS IN A JESUS-CENTERED COMMUNITY TO EDUCATE, STRENGTHEN AND EQUIP THE WHOLE CHILD. 0 0 3891327 32400 3639549 DURING THE LAST SCHOOL YEAR, BFE SUCCESSFULLY MERGED TWO SCHOOLS INTO A NEW PRESCHOOL THROUGH 12TH-GRADE SCHOOL. ALL BUSINESS AND PROGRAM ELEMENTS WERE MERGED FOR BETTER EFFICIENCY. BFE BOARD SUCCESSFULLY NEGOTIATED THE SEPARATION OF THE SCHOOL FROM BRIDGEWAY CHURCH, WHICH HAD FORMED THE SCHOOL IN 1998. THE SEPARATION GIVES BFE COMPLETE AUTONOMY IN OUR OPERATIONS. 3891327 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 12 0 80 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 GA X JOY HODGES 7707511972 4775 KIMBALL BRIDGE ROAD ALPHARETTA GA 30005 PHIL VAN GELDER CHAIRMAN 1.00 X X 0 0 0 KELLY ASHMAN SECRETARY 1.00 X X 0 0 0 BEVERLEE ATHENS TREASURER 1.00 X X 0 0 0 ASH MERCHANT BOARD MEMBER 1.00 X 0 0 0 MICHAEL NELSON BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER KING BOARD MEMBER 1.00 X 0 0 0 DAVID HUGHES BOARD MEMBER 1.00 X 0 0 0 PATRICIA MELECIO BOARD MEMBER 1.00 X 0 0 0 MARY ANN DEAN BOARD MEMBER 1.00 X 0 0 0 KIMBERLY FORESTER BOARD MEMBER 1.00 X 0 0 0 JOY HODGES CFO 40.00 X 67536 0 19976 JENNIFER GASTLEY HEAD OF SCHOOL 40.00 X 98690 0 29203 166226 0 49179 0 0 0 0 0 11701 318503 15118 330204 TUITION AND FEES 611600 3505798 3505798 RECREATION AND ENRICHM 611600 133751 133751 3639549 13825 13825 163334 0 163334 163334 163334 4159 0 4159 4159 4159 0 11701 0 0 4151071 3639549 0 181318 32400 32400 166227 155654 7169 3404 2238636 2073623 111891 53122 17349 17349 184335 184335 154214 154214 450 450 20561 20561 69160 120 69040 5012 5012 19480 16850 2435 195 30280 29069 1211 92897 89181 3716 243720 233971 9749 250789 240757 10032 88658 85112 3546 ENRICHMENT 252577 252577 SUPPLIES 151998 138256 13742 REPAIRS AND MAINTENANCE 108175 103848 4327 LITERATURE/CURRICULUM 65855 65855 43800 18156 6894 18750 4236573 3891327 269775 75471 945655 396175 1003779 1920783 72937 33278 206611 41231 12335511 4853704 4765638 7481807 30779 38693 7025399 9911967 60972 48912 988745 1142272 3536856 6364133 150000 148207 4736573 7703524 X 2269094 2082011 19732 126432 2288826 2208443 7025399 9911967 -85502 5119 0 X 1 X 0 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3200587 3200587 7520375 3749426 3770949 1329720 887874 441846 284829 216404 68425 7481807 ECONOMIC INJURY DISASTER LOAN 148207 148207 X PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE SCHOOL IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. THE SCHOOL HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. THE SCHOOL UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2023 AND 2022, THE SCHOOL HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PUBLISHED ON THE SCHOOL WEBSITE 1 SCHOLARSHIPS 14 32400 DANIEL GASTLEY EMPLOYEE 44156 DANIEL GASTLEY IS A TEACHER FOR THE ORGANIZATION AND IS THE SON OF JENNIFER GASTLEY, THE HEAD OF SCHOOL. AS A TEACHER, HE DOES NOT REPORT TO THE HEAD OF SCHOOL (JENNIFER) BUT TO THE PRINCIPAL INSTEAD. 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE ANNUAL FORM 990 IS PROVIDED TO THE BFE BOARD FOR REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANY INSTANCES OF A POTENTIAL CONFLICT OF INTEREST MUST BE DISCLOSED TO THE BOARD AND OFFICERS. THERE IS AN ANNUAL REVIEW OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL AND THE BOARD OF DIRECTORS SET THE SALARIES FOR THE EXECUTIVE TEAM. THE BOARD OF DIRECTORS SETS THE SALARIES FOR THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE THROUGH THE FORM 990.