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Bravo Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 113645713 ✦ Harrisburg, PA ✦ Designated as a 501(c)(3)

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Overview

What is Bravo Foundation Inc?

Bravo Foundation Inc, situated in Harrisburg, Pennsylvania, is a nonprofit organization committed to uplifting underprivileged children and their families. They accomplish this by granting scholarships, thereby promoting educational prospects for students within the Commonwealth of Pennsylvania. The foundation's mission is to foster educational opportunities for these children, aiming to empower them and their families to overcome financial barriers and succeed academically.


Official website here: www.thebravofoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Bravo Foundation Inc has earned a solid Three-Star rating from Charity Navigator, reflecting its strong performance in Accountability and Finance. The organization scored 81%, indicating a commitment to transparency and sound financial management, which is essential for building trust with donors and stakeholders. The rating is derived from thorough evaluations of various financial and accountability criteria.

The foundation demonstrates several organizational strengths, including a perfect score in financial statements audit, material diversion of assets, and documentation practices. Notably, it has an impressive program expense ratio of 91.68%, suggesting that a significant portion of its funds is directed toward its programs rather than administrative costs. This high ratio is indicative of a focus on fulfilling the organization's mission effectively.

While the foundation showcases solid scores in key areas, the overall score is based exclusively on Accountability and Finance beacons, which may limit insights into its program impact or community engagement. Nonetheless, the robust policies in place regarding conflict of interest and whistleblower protections exemplify a commitment to ethical operations and governance.


This AI summary has been generated from information found on Charity Navigator.

Is Bravo Foundation Inc legitimate?

Bravo Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bravo Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thebravofoundation.org

What is the mission statement of Bravo Foundation Inc?

The Bravo Foundation Inc., in its mission, strives to provide scholarships for underprivileged children and their families residing in Pennsylvania. The primary objective is to expand educational prospects for these students. By offering these scholarships, the foundation aims to foster educational opportunities, thereby empowering the children to pursue their academic goals. This mission is instrumental in promoting educational equity and improving the lives of underprivileged families in the Commonwealth of Pennsylvania.


Official website here: www.thebravofoundation.org

Who is the CEO of Bravo Foundation Inc?

Dennis Walsh is the President of Bravo Foundation Inc.


Official website here: www.thebravofoundation.org

What is the revenue of Bravo Foundation Inc?

Bravo Foundation Inc's revenue in 2023 was $922,074.


Official website here: www.thebravofoundation.org

Who are the executives of Bravo Foundation Inc and what are their salaries?

There 3 volunteers at Bravo Foundation Inc.


Here are 3 key members and their salaries:


Chris Bravacos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Spinner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Walsh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thebravofoundation.org

Where can I find the form 990 for Bravo Foundation Inc?

Bravo Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thebravofoundation.org

Learn more at the official website: www.thebravofoundation.org

Mission Statement of Bravo Foundation Inc

Bravo Foundation, a nonprofit organization, is dedicated to awarding scholarships for underprivileged children and their families in Pennsylvania. Its mission is to foster educational opportunities for these students within the Commonwealth. By providing financial assistance, Bravo Foundation aims to empower these children and their families, enabling them to pursue their educational goals and improve their lives. The foundation's efforts are geared towards breaking the cycle of poverty and providing a brighter future for these deserving individuals.

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Impact




July, 2024

Bravo Foundation Inc's impact is significant in fostering educational opportunities for underprivileged children and their families in Pennsylvania. By awarding scholarships, they are helping to create a pathway for these students to access quality education that they may not have been able to afford otherwise. This initiative not only benefits the individual recipients but also contributes to the overall improvement of educational outcomes in the Commonwealth of Pennsylvania. Bravo Foundation's focus on education is a vital step towards a more equitable and prosperous future for these students and their communities.




This information is meant to be a general summary of Bravo Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$922,074 (2023)
Expenses
$942,579 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,908
  • Gross Receipts: $922,074

Assets and Liabilities:

  • Total Assets: $879,372
  • Total Liabilities: $22,641
  • Net Assets: $856,731

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Organization Details

Founding Year

2003

Principal Officer

Dennis Walsh

Main Address

20 Market Square 800, Harrisburg, PA, 17101

NTEE Category

Code: B82 - Education

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