Betty Flies Inc
- Assets
- $13.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Aspen, CO
- Founding
- 02/2019
- Data as of
- 12/2020
- EIN
- 83-2823176
Organization Overview
Betty Flies Inc, operating under the name The Bettyflies Foundation, is located in Aspen, CO. The organization was established in 2019. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bettyflies 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 12/2020, Bettyflies Foundation generated $56.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (47.9%) each year. All expenses for the organization totaled $109.8k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
THE BETTYFLIES FOUNDATION PROVIDED $60,000 IN FIGHT SCHOOL SCHOLARSHIPS FOR ASPEN HIGH SCHOOL STUDENTS. THE ASPEN HIGH SCHOOL SUPPORTS AVIATION CURRICULUM AS AN APPLIED SCIENCE. THIS PROGRAM ALIGNS WITH THE BETTYFLIES FOUNDATION MISSION OF PROMOTING A BROADER INTEREST IN STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Pfister President | 0.5 | $0 | |
Joshua Alexander Vice President | 0.5 | $0 | |
Sue O'bryan Secretary | 0.5 | $0 | |
Nicole Mcleod Treasurer | 0.5 | $0 | |
Jeanne Dailey Andlinger Member | 0.5 | $0 | |
Kim Bracher Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,789 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8 |
| Total Revenue | $56,797 |
| 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 | $27,078 |
| Occupancy, rent, utilities, and maintenance | $3,504 |
| Printing, publications, postage, and shipping | $1,440 |
| Other expenses | $10,373 |
| Total expenses | $109,796 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,308 |
| Other assets | $0 |
| Total assets | $13,308 |
| Total liabilities | $412 |
| Net assets or fund balances | $12,896 |