Nonprofit · EIN 54-2064820
BGV FOUNDATION INC
Tax-exempt · VALDOSTA, GA 31601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,138,175 | $975,268 | $162,907 | $17,074,392 | $574,189 | $16,500,203 |
| December 31, 2023 | 990 | $1,125,011 | $792,633 | $332,378 | $16,339,119 | $1,823 | $16,337,296 |
| December 31, 2022 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILL KEMP | CEO & DIRECT Trustee or director, Officer | – | $0 |
| KRISTIN HANNA WOOLEY | SECRETARY & Trustee or director, Officer | – | $0 |
| BYRD SIMMONS | CFO Officer | – | $0 |
| WILLIAM HOWARD | DIRECTOR Trustee or director | – | $0 |
| BRYAN WILLIAMS | DIRECTOR Trustee or director | – | $0 |
| JACK LANGDALE | DIRECTOR Trustee or director | – | $0 |
| TRAV PAULK | DIRECTOR Trustee or director | – | $0 |
| LARRY CUNNINGHAM | DIRECTOR Trustee or director | – | $0 |
| RODNEY GREEN | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILL KEMP | CEO & DIRECT Trustee or director, Officer | – | $0 |
| BRIAN FLEMMING | SECRETARY & Trustee or director, Officer | – | $0 |
| BYRD SIMMONS | CFO Officer | – | $0 |
| DAVID S WALLER JR | DIRECTOR Trustee or director | – | $0 |
| WILLIAM HOWARD | DIRECTOR Trustee or director | – | $0 |
| BRYAN WILLIAMS | DIRECTOR Trustee or director | – | $0 |
| JACK LANGDALE | DIRECTOR Trustee or director | – | $0 |
| TRAV PAULK | DIRECTOR Trustee or director | – | $0 |
| LARRY CUNNINGHAM | DIRECTOR Trustee or director | – | $0 |
| BRIAN GERBER | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2022: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILL KEMP | CEO & DIRECT Trustee or director, Officer | 1 | $0 |
| BRIAN FLEMMING | SECRETARY & Trustee or director, Officer | 1 | $0 |
| BYRD SIMMONS | CFO Officer | 5 | $0 |
| DAVID S WALLER JR | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM HOWARD | DIRECTOR Trustee or director | 1 | $0 |
| BRYAN WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| JACK LANGDALE | DIRECTOR Trustee or director | 1 | $0 |
| TRAV PAULK | DIRECTOR Trustee or director | 1 | $0 |
| LARRY CUNNINGHAM | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN GERBER | DIRECTOR 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
- Category (NTEE)
- Youth development (O11)
- Assets (IRS master file)
- $17,074,392
- Income (IRS master file)
- $1,138,175
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,138,175 | $975,268 | $17,074,392 | XML |
| 990 | December 2023 | $1,125,011 | $792,633 | $16,339,119 | IRS |
| 990 | December 2022 | $8,970,929 | $834,735 | $16,020,168 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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.
Other nonprofits in VALDOSTA
- BOYS & GIRLS CLUB OF VALDOSTA INC EIN 23-7067775 · last filed 990 for 2024
- BOY SCOUTS OF AMERICA EIN 58-0825827 · last filed 990 for 2025
- GIRLS ON THE RUN INTERNATIONAL EIN 47-3607344 · last filed 990 for 2024
- GEORGIA BIBLE CAMP MINISTRIES INC EIN 22-3932086 · last filed 990-EZ for 2024
- CASA OF LOWNDES AND ECHOLS COUNTIES INC EIN 88-3221922 · last filed 990-EZ for 2025
- GEORGIA EXTENSION 4-H FOUNDATION EIN 26-2303446 · last filed 990-EZ for 2024
- JENARD S ASTHMA AWARENESS FOUNDATION EIN 85-0914135 · last filed 990-EZ for 2025
- VALDOSTA WILDCATS LETTERMEN CLUB INC EIN 87-3034519 · last filed 990-N for 2024