Nevada Battle Born Growth Escalator Inc

Organization Overview

Nevada Battle Born Growth Escalator Inc is located in Carson City, NV. The organization was established in 2019. According to its NTEE Classification (J19) the organization is classified as: Support N.E.C., under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nevada Battle Born Growth Escalator 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, Nevada Battle Born Growth Escalator Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 46.2% each year . All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 26.3% per year over the past 5 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, Nevada Battle Born Growth Escalator Inc has awarded 20 individual grants totaling $3,971,744. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS ORGANIZED TO ENGAGE IN ANY LAWFUL ACTIVITY TO PROMOTE, AID AND ENCOURAGE ECONOMIC DEVELOPMENT IN THE STATE OF NEVADA, AS AUTHORIZED BY ASSEMBLY BILL NO. 17 OF THE 78TH (2015) SESSION OF THE NEVADA LEGISLATURE (AB17), BY ADMINISTERING RESOURCES AVAILABLE TO SUPPORT SMALL AND MEDIUM-SIZED BUSINESSES IN NEVADA. THE CORPORATION ALSO MAY ENGAGE IN OTHER ACTIVITIES PERMITTED UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE OF 1991, AS AMENDED, AND OTHER APPLICABLE LAWS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INVESTMENT IN OUTLAW SOAPS INC


INVESTMENT IN TU BIOMICS INC.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas Burns
Chariman
$0
Andrew Artusa
Director
$0
Alan Sklar
Vice Chairman
$0
Kate Gilman
Treasurer/ Secretary
$0
Gina Bongiovi
Director
$0
Kendra Follett
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,514,979
All other contributions, gifts, grants, and similar amounts not included above$449,999
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,964,978
Total Program Service Revenue$0
Investment income $6,770
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,971,748

Grants Awarded

Over the last fiscal year, Nevada Battle Born Growth Escalator Inc has awarded $449,999 in support to 2 organizations.

Grant RecipientAmount

OUTLAW SOAPS

PURPOSE: EQUITY INVESTMENT

$249,999

TU BIOMECS

PURPOSE: EQUITY INVESMENT

$200,000
View Grant Profile

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