Biztank Scholarship Fund Inc
- Assets
- $546.0
- Revenue
- $32.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Menomonee Falls, WI
- Founding
- 01/2020
- Data as of
- 12/2021
- EIN
- 82-1738206
Organization Overview
Biztank Scholarship Fund Inc is located in Menomonee Falls, WI. The organization was established in 2020. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Biztank Scholarship Fund 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, Biztank Scholarship Fund Inc generated $32.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (36.3%) each year. All expenses for the organization totaled $33.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (39.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Biztank Scholarship Fund Inc has awarded 145 individual grants totaling $142,000. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS PROVIDED
BIZ360 ACTIVITIES
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 |
|---|---|---|---|
Jeffrey K Peterson President | 1 | $0 | |
Mark D Becker Vice President/treasurer | 1 | $0 | |
Gary Witt Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $32,868 |
| 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 | $32,868 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $715 |
| Total operating and administrative expenses | $4,465 |
| Contributions, gifts, grants paid | $28,500 |
| Total expenses and disbursements | $32,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $546 |
| 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 | $546 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Biztank Scholarship Fund Inc has awarded $28,500 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
UW-LA CROSSE FBO RYAN HOEY PURPOSE: SCHOLARSHIP | $2,500 |
UNIVERSITY OF WISCONSIN - STEVENS P PURPOSE: SCHOLARSHIP | $2,500 |
UWM CASHIER'S OFFICE FBO JORDYN WAI PURPOSE: SCHOLARSHIP | $2,500 |
UW-ROCK COUNTY FBO YOCELYN CARNACHO PURPOSE: SCHOLARSHIP | $2,000 |
UNIVERSITY OF DUBUQUE FBO MORGAN HU PURPOSE: SCHOLARSHIP | $2,000 |
EDGEWOOD COLLEGE FBO ELYSSA POPE PURPOSE: SCHOLARSHIP | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Roderick And Solange Macarthur Justice Center Niles, IL | $137,820,704 | $9,175,098 |
John C Proctor Endowment Peoria, IL | $3,704,865 | $6,462,862 |
Wacosa Waite Park, MN | $12,140,309 | $9,104,818 |
Land Conservation Trust Of Southern Illinois Chicago, IL | $0 | $8,667,779 |
World Food Prize Foundation Urbandale, IA | $73,712,928 | $6,192,203 |
Center To Combat Human Trafficking Decatur, IL | $69,172,505 | $43,496,794 |
Chipstone Foundation Milwaukee, WI | $75,856,336 | $12,810,541 |
Fmc Aquatic Opportunities Chicago, IL | $22,984,375 | $1,955,015 |
Johnson Foundation Inc Racine, WI | $58,249,744 | $4,338,703 |
Jeffers Foundation Plymouth, MN | $13,209,879 | $451,010 |
Saga Foundation Kalamazoo, MI | $17,766,736 | $2,178,963 |
Coregiving Co Chicago, IL | $192,857 | $1,890,844 |