2013-11-11T09:35:35-06:00 2013-06-30 LEATHERBURY & BROACHE & CO PC 23307 COURTHOUSE AVE ACCOMAC VA 23301 990 2012-07-01 540799130 BROADWATER ACADEMY BROA 7574429041 PO BOX 546 EXMORE VA 23350 ROBERT SAVAGE 7574429041 2013-10-21 true ROBERT W LEATHERBURY CPA 7577874444 2013-11-07 2012 2016-02-25 16:41:14Z ROBERT SAVAGE PO BOX 546 EXMORE VA 23350 3675972 false X BROADWATERACADEMY.ORG X 1965 VA SEE STATEMENT ATTACHED 13 13 95 0 303500 359315 2833333 3258183 -29257 -1084 21165 33912 3128741 3650326 0 233050 346597 2401639 2492189 51108 0 37786 1071164 951451 3756961 3790237 -628220 -139911 3950952 3903030 1158690 1118899 2792262 2784131 SEE STATEMENT ATTACHED false false 2678499 EDUCATIONAL INSTRUCTION AND SERVICES PROVIDED TO APPROXIMATELY 415 STUDENTS. SERVICES INCLUDE BUS TRANSPORTATION, ATHLETICS AND OTHER EXTRACURRICULAR ACTIVITIES. 346597 TUITION GRANTS AND SCHOLARSHIPS ARE USED TO ASSIST STUDENTS IN ATTENDING THE ACADEMY WHEN THEY WOULD OTHERWISE NOT BE FINANCIALLY ABLE TO DO SO. APPROXIMATELY 120 STUDENTS BENEFIT DIRECTLY EACH YEAR. 3025096 true true false false false false false false false true true false false false true false true true true false false false false false true false false false false false false false false false false false false false false false false false false true false false false true 8 0 true 95 true false false false false false true true false false false false false false X 13 13 false false false false false false false true true false false true true true true false false true false false X BUSINESS MANAGER 7574429041 PO BOX 546 EXMORE VA 23350 X TOM ANDERSON 2.00 X X 0 0 0 LUKE KELLAM 2.00 X X 0 0 0 CATHY RIOPEL 2.00 X X 0 0 0 TOM HILL JR 2.00 X 0 0 0 BERT TURNER 2.00 X 0 0 0 TONYA TANKARD 2.00 X 0 0 0 ROB GUSTAFSON 2.00 X X 0 0 0 TED AMES 2.00 X 0 0 0 DAN BROWN 2.00 X 0 0 0 ANNA BURGER 2.00 X 0 0 0 PAUL CUSTIS 2.00 X 0 0 0 SCOTT KENNEDY 2.00 X 0 0 0 DANNY VESTAL 2.00 X 0 0 0 JEREMY MCLEAN 40.00 X 139665 0 0 139665 1 false false false 13510 345805 359315 TUITION AND OTHER SCHOOL FEES 3258183 3258183 3258183 648 648 3840 3840 3840 3840 1732 -1732 -1732 -1732 33550 13510 23914 9636 OTHER REVENUE 20436 20436 20436 3650326 3281375 346597 346597 2114181 1553831 560350 27278 27278 186490 133048 53442 164240 122590 41650 22264 22264 20500 20500 5052 2526 2526 42393 23200 19058 135 50153 50153 127391 114652 12739 17822 17822 8284 6588 1696 15306 15306 195124 186792 8332 33482 30132 3350 INSTRUCTIONAL COSTS 220169 220169 SCHOOL BUS EXPENSES 61499 61499 ATHLETICS COST 52876 52876 DEVELOPMENT 35125 35125 44011 37773 6238 3790237 3025096 727355 37786 201663 106979 33249 188842 265289 6534491 3574842 3046855 2959649 350287 363212 163305 174652 3950952 3903030 201627 217794 657437 819926 299626 81179 1158690 1118899 X 2628957 2611642 78731 80926 84574 91563 2792262 2784131 3950952 3903030 -139911 40415 91365 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 318078 381 29886 37053 2594 308698 333334 3735 -1226 15170 2597 318076 416784 4586 116971 198082 6925 333334 392452 11705 63061 43521 6913 416784 711304 22449 -238643 100000 2658 392452 0.91000 0.09000 false false 153098 153098 5176095 2807893 2368202 1205298 766949 438349 2959649 CAPITAL LEASES 51278 LINE OF CREDIT 29901 NOTE PAYABLE DUE TO BROADWATER ACADEMY FOUNDATION 81179 3690741 40415 40415 3650326 3650326 3790237 3790237 3790237 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D BOOK / TAX DEPRECIATION DIFFERENCE 13,013 true true true true true true true false false false false false false false false false false true PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION SCHEDULE E LINE 3 ADS IN THE LOCAL NEWSPAPAPER BROCHURES AND OTHER LITERATURE COMMUNICATE THAT BROADWATER ACADEMY DOES NOT DISCRIMINATE AGAINST ANYONE WISHING TO ATTEND THE SCHOOL GALA & AUTHOR D 47060 13510 33550 23914 47060 13510 33550 23914 23914 9636 ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B FINANCE COMMITTEE MEMBERS HAVE THE OPPORTUNITY TO REVIEW THE TAX RETURN BEFORE FILING ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C EACH DIRECTOR OR PRINCIPAL OFFICER SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: 1) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; 2) HAS READ AND UNDERSTANDS THE POLICY; 3) HAS AGREED TO COMPLY WITH THE POLICY; AND 4) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. THE POLICY INCLUDES PROCEDURES THAT INVOLVE 1) A DUTY TO DISCLOSE; 2) DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS; AND 4) ADDITIONAL STEPS IF VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY EXIST. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A DUTY OF THE FINANCE COMMITTEE AND BOARD OF DIRECTORS TO APPROVE COMPENSATION FOR HEADMASTER, CEO AND EMPLOYEES OF THE SCHOOL. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST RECONCILIATION OF CHANGES - OTHER FORM 990, PART XI, LINE 9 BOOK / TAX DEPRECIATION DIFFERENCE -13,013 OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 9 TRANSFER OF BROADWATER ASSETS TO FOUNDATION 91,365 BROADWATER ACADEMY FOUNDATION PO BOX 546 EXMORE VA 23350 455245398 EDUCATION VA 501C3 PF N/A false false false true false false false false false false false false false false false false false true false true BROADWATER ACADEMY FOUNDATION C 40000 FAIR MARKET VALUE BROADWATER ACADEMY FOUNDATION O 58643 FAIR MARKET VALUE BROADWATER ACADEMY FOUNDATION Q 70627 FAIR MARKET VALUE