Streetshares Foundation Inc
- Assets
- $105.8k
- Revenue
- $105.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 09/2016
- Data as of
- 06/2022
- EIN
- 81-3261192
Organization Overview
Streetshares Foundation Inc is located in Colorado Springs, CO. The organization was established in 2016. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Streetshares Foundation 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 06/2022, Streetshares Foundation Inc generated $105.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 25.9% each year . All expenses for the organization totaled $125.0k during the year ending 06/2022. While expenses have increased by 12.2% per year over the past 3 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 2020, Streetshares Foundation Inc has awarded 24 individual grants totaling $240,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
VETERAN ENTREPRENEURSHIP AWARD FOR LOW-INCOME MILITARY.COMMUNITY ENTREPRENEURS HAVING A SIGNIFICANT SOCIAL IMPACTON THE MILITARY COMMUNITY AS WELL AS ADDRESSING ISSUES SUCH AS VETERANS EMPLOYMENT, HEALTH CARE, EDUCATION, MILITARY FAMILIES, MILITARY HOMEFRONT COMMUNITY SUPPORT, ETC.
THE STREETSHARES FOUNDATION PROVIDES FREE BUSINESS COACHINGAND EVENTS AVAILABLE TO MILITARY COMMUNITY ENTREPRENEURS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Rockefeller Chairman | 2 | $0 | |
Curtez Riggs Director | 1 | $0 | |
Louis Tucker Director | 1 | $0 | |
Aubrey Shwedick Acting Executive Director | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $105,069 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| 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 | $105,069 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,583 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,316 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,596 |
| Printing and publications | $2,042 |
| Other expenses | $13,964 |
| Total operating and administrative expenses | $74,978 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $124,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,836 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $105,836 |
| 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 | $4,864 |
| Total liabilities | $4,864 |
Grants Awarded
Over the last fiscal year, Streetshares Foundation Inc has awarded $50,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
WENDY WAY PURPOSE: VETERAN AND MILITARY SPOUSE ENTREPRENEURSHIP | $15,000 |
JORDAN FOLEY PURPOSE: VETERAN AND MILITARY SPOUSE ENTREPRENEURSHIP | $15,000 |
NICK PADLO PURPOSE: VETERAN AND MILITARY SPOUSE ENTREPRENEURSHIP | $6,000 |
SHERMAN WILLIAMS JR PURPOSE: VETERAN AND MILITARY SPOUSE ENTREPRENEURSHIP | $6,000 |
GARTH MASSEY PURPOSE: VETERAN AND MILITARY SPOUSE ENTREPRENEURSHIP | $4,000 |
TERESA GUERIN PURPOSE: VETERAN AND MILITARY SPOUSE ENTREPRENEURSHIP | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charter Fund Inc Broomfield, CO | $606,047,129 | $251,921,544 |
Anschutz Foundation Denver, CO | $0 | $131,519,142 |
Community Finance Corporation Tucson, AZ | $0 | $59,653,037 |
The Ray And Tye Noorda Foundation Lindon, UT | $188,322,162 | $42,549,813 |
Harold Hamm Foundation Oklahoma City, OK | $15,100,240 | $36,211,204 |
Colorado Trust Denver, CO | $0 | $33,250,092 |
Bohemian Foundation Fort Collins, CO | $90,098,504 | $41,050,944 |
Weitz Family Foundation Omaha, NE | $41,283,061 | $24,036,289 |
Liana Foundation Inc Jackson, WY | $99,821,769 | $1,410,375 |
Mufg Union Bank Foundation Ag Phoenix, AZ | $2,989,069 | $8,302,055 |
Miller Family Foundation Inc Pittsburg, KS | $66,698,223 | $18,550,862 |
Con Alma Health Foundation Santa Fe, NM | $33,283,264 | $4,439,981 |