Bow Tie Foundation is located in Cedarhurst, NY. The organization was established in 2013. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bow Tie 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 12/2016, Bow Tie Foundation generated $32.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $32.6k during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION AIDS IN THE CREATION OF OUTREACH PROGRAMS AND PROVIDES GRANTS TO ORGANIZATIONS THAT FOSTER THE PERSONAL DEVELOPMENT OF UNDERPRIVILGED YOUTH. IN 2015, THE ORGANAZATION CONTRIBUTED FUNDS TO THE UNIVERSIITY OF CINCINNATI FOUNDATION GEN-1 PROGRAM. THE GEN-1 THEME HOUSE IS A LIVING-LEARNING COMMUNITY THAT SUPPORTS 1ST-GENERATION COLLEGE STUDENTS WITH THE ACADEMIC, SOCIAL AND FINANCIAL RESOURCES NECESSARY TO SUCCESSFULLY COMPILE A COLLEGE DEGREE PROGRAM. WITH FUNDS FROM THE GALLOPING PIG, BOWTIE FOUNDATION MADE A $15,000 CONTRIBUTON TO THE STUDENT'S EDUCATIONAL EXPERIENCE BY PROVIDING PROFESSIONAL IMAGE AND BUSINESS ETIQUETTE CLASSES. THE GEN-1 THEME HOUSE SERVES 90 RESIDENTIAL STUDENTS AND 40 NON-RESIDENTIAL STUDENTS. NON-RESIDENTIAL STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dhani M Jones Director | 1 | $0 | |
Amanda Williams Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $19,200 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $13,274 |
Other Revenue | $0 |
Total Revenue | $32,474 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $3,800 |
Total expenses | $32,616 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $39,216 |
Other assets | $0 |
Total assets | $39,216 |
Total liabilities | $0 |
Net assets or fund balances | $39,216 |