Bolos Foundation
- Assets
- $3.7m
- Revenue
- $698.9k
- Investments
- $10.3k
- Employees
- 0
- Location
- Farmers Branch, TX
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-4070353
Organization Overview
Bolos Foundation is located in Farmers Branch, TX. The organization was established in 2014. 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. Bolos 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 12/2022, Bolos Foundation generated $698.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $715.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Bolos Foundation has awarded 66 individual grants totaling $1,631,469. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven P Bolos President | 10 | $0 | |
Nancy Bolos Treasurer | 5 | $0 | |
Alexandria Willis Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $654,366 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $32,217 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $698,923 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $47,652 |
| Pension plans, employee benefits | $0 |
| Interest | $307 |
| Taxes | $7,844 |
| Depreciation | $72,938 |
| Occupancy | $20,276 |
| Travel, conferences, and meetings | $1,056 |
| Printing and publications | $0 |
| Other expenses | $155,592 |
| Total operating and administrative expenses | $347,726 |
| Contributions, gifts, grants paid | $367,346 |
| Total expenses and disbursements | $715,072 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,153 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $5,111 |
| 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 | $10,258 |
| Net Land, buildings, and equipment | $3,580,768 |
| Other assets | $28,833 |
| Total assets | $3,707,123 |
| Accounts payable and accrued expenses | $23,399 |
| 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 | -$18,366 |
| Total liabilities | $5,033 |
Grants Awarded
Over the last fiscal year, Bolos Foundation has awarded $367,346 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
CHRIST'S HOPE INTERNATIONAL PURPOSE: CHILDREN WITH AIDS IN AFRICA | $15,460 |
DALLAS LEADERSHIP FOUNDATION PURPOSE: DISADVANTAGED INDIVIDUALS IN DALLAS | $28,000 |
DCIF PURPOSE: TUTORING TO DISADVANTAGED KIDS | $11,000 |
HEART OF GOLD MINISTRIES PURPOSE: MINISTRY IN CHINA | $6,000 |
HOPE CLINIC OF MCKINNEY PURPOSE: MEDICAL CARE COLLIN COUNTY | $11,950 |
IMANI BRIDGES PURPOSE: EDUCATION & MEDICAL IN AFRICA | $8,500 |