Bit By Bit Foundation Inc
- Assets
- $3.2k
- Revenue
- $8.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Tolland, CT
- Founding
- 11/2019
- Data as of
- 12/2021
- EIN
- 83-4291636
Organization Overview
Bit By Bit Foundation Inc is located in Tolland, CT. The organization was established in 2019. 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. Bit By Bit 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 12/2021, Bit By Bit Foundation Inc generated $8.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 38.8% each year . All expenses for the organization totaled $7.6k during the year ending 12/2021. While expenses have increased by 43.3% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION TO CRAIG CHILDREN'S HOSPITAL $1362 3425 S CLARKSON STENGLEWOOD CO 80113 X10 LOGITECH ADAPTIVE CONTROLLERS FOR XBOX AND X1 QUADSTICK [DISABLED-FRIENDLY GAMING HARDWARE]
CHILDREN'S OF CONNECTICUT MEDICAL CENTER 282 WASHINGTON STFAMILY RESOURCE CENTER HARTFORD CT 06106 X5 NINTENDO SWITCH GAMES X2 NINTENDO SWITCH CONSOLES X1 SWITCH CASE X2 PS5 GAMES AND X1 PS5 CONTROL
YALE NEW HAVEN HOSPITAL 20 YORK STSP7-414NEW HAVEN CT 06510 X2 NINTENDO SWITCH CONSOLES AND X4 SWITCH GAMES
BAY STATE CHILDREN'S HOSPITAL MEDICAL CENTER 759 CHESTNUT STFL 4SPRINGFIELD MA 01199 US X2 NINTENDO SWITCH LITE CONSOLES X5 NINTENDO SWITCH GAMES X1 SWITCH CASE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connor Gentilcore President | 10 | $0 | |
Weilin Meng Treasurer | 10 | $0 | |
Matt Wunder Secretary | 10 | $0 | |
Noah Petrie Board Member | 10 | $0 | |
Kevin Lang Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,744 |
| 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 | $8,744 |
| 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 | $2,040 |
| Total operating and administrative expenses | $2,040 |
| Contributions, gifts, grants paid | $5,552 |
| Total expenses and disbursements | $7,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,221 |
| 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 | $3,221 |
| 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 |
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