Education Foundation - FINANCIAL REPORTS

BBQ Education Foundation

FINANCIAL REPORTS

Transparency Through Responsible Financial Stewardship

The BBQ Education Foundation is committed to financial transparency, accountability, and the responsible stewardship of charitable resources.

As a registered 501(c)(3) public charity, the Foundation believes that donors, school districts, partners, and the public should have clear access to information about how charitable funds are managed and used in support of education and students.

Our Approach to Financial Accountability

The Foundation operates with a focus on:

• Ethical financial management

• Compliance with IRS and nonprofit regulations

• Board oversight and fiduciary responsibility

• Clear documentation and recordkeeping

All charitable funds are used exclusively for educational and charitable purposes consistent with the Foundation’s mission.

Financial Reports & Disclosures

As a newly established organization, the Foundation is in its first year of operations. Financial reports will be published as they become available and required filings are completed.

At the close of our first fiscal year, the following information will be made available on this page:

IRS Filings

• IRS Form 990 (Annual Return)
  Download – IRS Form 990 Placeholder PDF
  

(During the initial year, the Foundation may file a Form 990-N or Form 990-EZ, as applicable.)

Annual Financial Summary

• Year-End Financial Summary
  Download – Year-End Financial Summary Placeholder PDF
  

This summary will provide a high-level overview of:

• Revenue sources

• Program-related expenses

• Administrative and operational costs

Audits & Reviews (If Applicable)

• Independent Financial Review or Audit Report
  Download – Independent Audit/Review Placeholder PDF
  

(Independent audits are conducted when required by law, funder request, or Board determination.)

Policies & Financial Controls

• Financial Oversight & Stewardship Policies
  Download – Financial Policies & Controls Placeholder PDF
  

These documents outline how the Foundation governs:

• Scholarship disbursement and reimbursement

• Financial approvals and controls

• Record retention and documentation

First-Year Financial Context

As a new nonprofit organization, the Foundation’s initial financial activity may reflect:

• Organizational setup and compliance costs

• Governance and infrastructure development

• Program planning and partnership development

These investments are essential to establishing a strong foundation for future scholarship and educational impact.

Board Oversight

Financial activity is reviewed under the oversight of the Foundation’s Board of Directors, which is responsible for:

• Approving budgets and financial policies

• Monitoring use of charitable funds

• Ensuring compliance with nonprofit law

• Protecting donor intent

Organizational Independence

The BBQ Education Foundation is a separate legal entity from the National High School BBQ Association® (NHSBBQA®).

All charitable donations, financial records, and reports displayed on this page pertain solely to the Foundation and are independent of NHSBBQA® operations.

Questions About Our Financial Reports?

We welcome inquiries from donors, school districts, grantmakers, and partners seeking additional information or clarification.

Contact the BBQ Education Foundation

Transparency Builds Trust

The BBQ Education Foundation is committed to providing clear, accurate, and timely financial information as our programs and impact grow.

New Organization Notice
As a newly established 501(c)(3), certain reports will be posted after the completion of our first fiscal year and required filings.

Legal Notice
The NHSBBQA BBQ Education Foundation is a separate legal entity from the National High School BBQ Association® (NHSBBQA®).
Donations made on this page support the Foundation’s charitable mission and are not payments to NHSBBQA®.