Bus Brown Foundation
- Assets
- $79.8k
- Revenue
- $3.2k
- Investments
- $79.7k
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 03/1992
- Data as of
- 12/2023
- EIN
- 42-1383328
Organization Overview
Bus Brown Foundation is located in Scottsdale, AZ. The organization was established in 1992. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bus Brown Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Bus Brown Foundation generated $3.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $3.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EDUCATIONAL SCHOLARSHIPS TO SEVEN STUDENTS TO PURSUE VARIOUS POSTSECONDARY DEGREES.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,880 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,361 |
| Capital Gain Net Income | $1,361 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,241 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $54 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $54 |
| Contributions, gifts, grants paid | $3,500 |
| Total expenses and disbursements | $3,554 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $79,710 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $79,761 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bus Brown Foundation has awarded $20,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
MARISSA OESTMAN CO OKLAHOMA PANHAND PURPOSE: TUITION | $3,500 |
PAYTON BUSH CO IOWA STATE UNIVERSIT PURPOSE: TUITION | $3,500 |
SYDNEE JENSEN CO IOWA WESTERN COMMU PURPOSE: TUITION | $2,000 |
NATHAN ADAIR CO IOWA WESTERN COMMUN PURPOSE: TUITION | $2,500 |
GARETT NELSEN CO IOWA WESTERN COMMU PURPOSE: TUITION | $2,000 |
ALEXA STEINKUEHLER CO GRACELAND UNI PURPOSE: TUITION | $3,500 |