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Nonprofit · EIN 54-2064820

BGV FOUNDATION INC

Tax-exempt · VALDOSTA, GA 31601

Financials

$9M$835K2022$1.1M$793K2023$1.1M$975K2024
Revenue Expenses · by fiscal year end
Financials of BGV FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,138,175$975,268$162,907$17,074,392$574,189$16,500,203
December 31, 2023990$1,125,011$792,633$332,378$16,339,119$1,823$16,337,296
December 31, 2022990$8,970,929$834,735$8,136,194$16,020,168$12,000$16,008,168
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$9,175
Program service revenue
$0
Investment income
$1,125,233
Other revenue
$3,767

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$178,273
Program services (functional)
$764,000
Management and general (functional)
$211,268

Balance sheet and other

Total assets, start of year
$16,339,119
Total assets, end of year
$17,074,392
Total liabilities, end of year
$574,189
Net assets, end of year
$16,500,203
Land, buildings and equipment
$3,938,610
Publicly traded securities
$11,655,039
Gross receipts
$1,138,175
Employees
0
Year formed
2002
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
WILL KEMPCEO & DIRECT
Trustee or director, Officer
–$0
KRISTIN HANNA WOOLEYSECRETARY &
Trustee or director, Officer
–$0
BYRD SIMMONSCFO
Officer
–$0
WILLIAM HOWARDDIRECTOR
Trustee or director
–$0
BRYAN WILLIAMSDIRECTOR
Trustee or director
–$0
JACK LANGDALEDIRECTOR
Trustee or director
–$0
TRAV PAULKDIRECTOR
Trustee or director
–$0
LARRY CUNNINGHAMDIRECTOR
Trustee or director
–$0
RODNEY GREENDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
WILL KEMPCEO & DIRECT
Trustee or director, Officer
–$0
BRIAN FLEMMINGSECRETARY &
Trustee or director, Officer
–$0
BYRD SIMMONSCFO
Officer
–$0
DAVID S WALLER JRDIRECTOR
Trustee or director
–$0
WILLIAM HOWARDDIRECTOR
Trustee or director
–$0
BRYAN WILLIAMSDIRECTOR
Trustee or director
–$0
JACK LANGDALEDIRECTOR
Trustee or director
–$0
TRAV PAULKDIRECTOR
Trustee or director
–$0
LARRY CUNNINGHAMDIRECTOR
Trustee or director
–$0
BRIAN GERBERDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2022: 10 people
NameTitleHours / weekCompensation
WILL KEMPCEO & DIRECT
Trustee or director, Officer
1$0
BRIAN FLEMMINGSECRETARY &
Trustee or director, Officer
1$0
BYRD SIMMONSCFO
Officer
5$0
DAVID S WALLER JRDIRECTOR
Trustee or director
1$0
WILLIAM HOWARDDIRECTOR
Trustee or director
1$0
BRYAN WILLIAMSDIRECTOR
Trustee or director
1$0
JACK LANGDALEDIRECTOR
Trustee or director
1$0
TRAV PAULKDIRECTOR
Trustee or director
1$0
LARRY CUNNINGHAMDIRECTOR
Trustee or director
1$0
BRIAN GERBERDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
215 W NORTH ST, VALDOSTA, GA 31601-4522
Principal officer (990 for 2024)
WILL KEMP, 3295 INNER PERIMETER RD, VALDOSTA, GA 31602
Signed the 990
BYRD SIMMONS, CFO
Phone
(229) 242-0676
Return prepared by
SIMMONS & HARRELL PC

Mission

THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED SOLELY FOR THE PURPOSE OF ACCEPTING, MANAGING, INVESTING AND DISPERSING FUNDS DIRECTLY TO THE BOYS & GIRLS CLUB OF VALDOSTA, INC. TO AID IN THE SUPPORT OF THE YOUTH PROGRAMS OF THE BOYS & GIRLS CLUB OF VALDOSTA, INC., WHETHER BY FUNDING PROGRAM COSTS AND/OR BY FUNDING THE ACQUISITION, CONSTRUCTION, MAINTENANCE AND/OR REHABILITATION OF PROGRAM FACILITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE BGV FOUNDATION TRANSFERRED FUNDS IN THE AMOUNT OF 764,000 TO THE BOYS & GIRLS CLUB OF VALDOSTA, INC. FOR THE SUPPORT OF PROGRAM SERVICES, WHICH INCLUDES BUT IS NOT LIMITED TO AFTER SCHOOLS PRORGAMS, FACILITY CONSTRUCTION, MAINTENANCE, YOUTH SUMMER PROGRAMS, AND GENERAL OPERATING EXPENSE.
    Expenses $764,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-2064820
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$17,074,392
Income (IRS master file)
$1,138,175

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,138,175$975,268$17,074,392XML
990December 2023$1,125,011$792,633$16,339,119IRS
990December 2022$8,970,929$834,735$16,020,168XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-2064820).

Questions about BGV FOUNDATION INC

What is the EIN of BGV FOUNDATION INC?
The employer identification number (EIN) of BGV FOUNDATION INC is 54-2064820.
Is BGV FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to BGV FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does BGV FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BGV FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BGV FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BGV FOUNDATION INC?
The 990 for the year ended December 31, 2024 names WILL KEMP.
Who are the officers and directors of BGV FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does BGV FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,138,175, expenses of $975,268 and total assets of $17,074,392 at year end.

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