Bolos Foundation
- Assets
- $3.8m
- Revenue
- $953.2k
- Investments
- $10.3k
- Employees
- 0
- Location
- Carrollton, TX
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-4070353
Organization Overview
Bolos Foundation is located in Carrollton, 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 12/2021, Bolos Foundation generated $953.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $682.4k during the year ending 12/2021. While expenses have increased by 7.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Bolos Foundation has awarded 51 individual grants totaling $1,264,123. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
April Woods Secretary | 10 | $0 | |
Nancy Bolos Treasurer | 2 | $0 | |
Steven P Bolos President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $930,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $22,716 |
| 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 | $953,216 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $42,743 |
| Pension plans, employee benefits | $0 |
| Interest | $185 |
| Taxes | $109,706 |
| Depreciation | $69,249 |
| Occupancy | $17,832 |
| Travel, conferences, and meetings | $243 |
| Printing and publications | $0 |
| Other expenses | $154,668 |
| Total operating and administrative expenses | $398,955 |
| Contributions, gifts, grants paid | $283,414 |
| Total expenses and disbursements | $682,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $379,624 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $2,111 |
| 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 | $3,342,628 |
| Other assets | $25,000 |
| Total assets | $3,759,621 |
| Accounts payable and accrued expenses | $28,298 |
| 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 | $13,084 |
| Total liabilities | $41,382 |
Grants Awarded
Over the last fiscal year, Bolos Foundation has awarded $283,414 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
LIVING 4 ZACHARY PURPOSE: CARDIAC RISK THROUGH HEALTH SCREENIN | $71,732 |
Dallas, TX PURPOSE: DISADVANTAGED INDIVIDUALS IN DALLAS | $35,000 |
HOPE CLINIC OF MCKINNEY PURPOSE: MEDICAL CARE COLLIN COUNTY | $23,600 |
SHILOH PLACE PURPOSE: MINISTRY FOR HOMELESS SINGLE MOTHERS | $22,548 |
RING OF HOPE PURPOSE: AFTERSCHOOL PROGRAM FOR KIDS | $20,000 |
MISC PURPOSE: MINISTRY | $13,434 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bolos Foundation has recieved totaling $6,112.
| Awarding Organization | Amount |
|---|---|
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $6,112 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Independent Opportunities Inc Of Oklahoma Tulsa, OK | $20,718,127 | $36,214,630 |
Sid W Richardson Foundation Fort Worth, TX | $543,405,327 | $35,826,736 |
Genesys Works Group Return Houston, TX | $10,607,341 | $22,553,959 |
Families & Children Together Inc El Dorado, AR | $3,440,326 | $10,725,537 |
Vilcap Inc Houston, TX | $5,374,554 | $9,179,521 |
Kleinheinz Family Foundation For The Arts And Education Fort Worth, TX | $0 | $13,876,382 |
My Possibilities Plano, TX | $35,881,798 | $10,188,118 |
Hardesty Family Foundation Inc Tulsa, OK | $132,895,698 | $5,904,373 |
Brent House Corporation New Orleans, LA | $2,513,163 | $4,974,916 |
Alternative Building Concepts Group Garland, TX | $15,770,911 | $6,819,117 |
Sheltering Harbour Houston, TX | $3,221,749 | $5,825,428 |
Pwa Coalition Of Dallas Inc Dallas, TX | $14,827,763 | $6,751,009 |