Btvignite Inc
- Assets
- $22.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Burlington, VT
- Founding
- 11/2015
- Data as of
- 12/2021
- EIN
- 47-4901478
Organization Overview
Btvignite Inc is located in Burlington, VT. The organization was established in 2015. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Btvignite Inc 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, Btvignite Inc generated $72.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $68.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
BTV IGNITE IS BRINGING TOGETHER THE ENERGY AND ACTIVITIES OF OUR SPONSORS AND THE COMMUNITY TO CREATE OPPORTUNITIES -- TO START AND GROW NEW BUSINESSES, CREATE NEW JOBS AND PROMOTE THE SKILLS NEEDED TO FILL THEM, OFFER STEM EXPERIENCES FOR OUR STUDENTS, LAUNCH "SMART" CITY SERVICES, AND ENSURE THESE OPPORTUNITIES ARE INCLUSIVE AND ACCESSIBLE FOR EVERYONE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Harvey President | 2 | $0 | |
Michael Loucy Vice Preside | 2 | $0 | |
Charles Miceli Treasurer/se | 2 | $0 | |
Lea Anne Smith Left In 2021 Board Member | 2 | $0 | |
Adidi Datta Board Member | 2 | $0 | |
Brian Lowe Left In 2021 Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,850 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,850 |
| 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 | $58,608 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,852 |
| Total expenses | $68,810 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,636 |
| Other assets | $0 |
| Total assets | $22,636 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,636 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Btvignite Inc has recieved totaling $9,632.
| Awarding Organization | Amount |
|---|---|
Us Ignite Inc Washington, DC PURPOSE: SUB-AWARD | $9,632 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sports Fans Coalition Ny Inc Ronkonkoma, NY | $633,460 | $8,459,536 |
Greater Boston Convention And Tourist Bureau Inc Boston, MA | $3,175,283 | $8,778,402 |
Granite State Economic Development Corp Portsmouth, NH | $20,832,618 | $9,324,758 |
Structured Employment Economic Development Corporation New York, NY | $3,440,081 | $6,983,803 |
Nybdc Local Development Corporation Albany, NY | $39,799,179 | $11,401,541 |
Venture For America Inc New York, NY | $3,605,973 | $6,866,605 |
Trufund Financial Services Inc New York, NY | $14,181,328 | $2,317,905 |
Griffiss Local Development Corporation Rome, NY | $28,823,478 | $3,861,279 |
Metrotech Area District Management Association Inc Brooklyn, NY | $3,270,355 | $4,991,826 |
Kiryas Joel Municipal Local Development Corporation Monroe, NY | $2,561,042 | $4,665,324 |
Greater New Bedford Workforce Investment Board Inc New Bedford, MA | $1,194,439 | $3,887,016 |
West Harlem Development Corporation New York, NY | $61,321,755 | $1,156,663 |