Tilt Lab
- Assets
- $377.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Vernon, IA
- Founding
- Data as of
- 12/2021
- EIN
- 84-3598714
Organization Overview
Tilt Lab is located in Mount Vernon, IA. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Tilt Lab 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, Tilt Lab generated $183.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 31.8% each year . All expenses for the organization totaled $147.0 during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF CULTIVATING EMERGING TECHNOLOGIES AND IDEAS WITH A PROMISING APPLICABILITY FOR TILT-UP CONCRETE CONSTRUCTIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mitchel Bloomquist Executive Direc | 1 | $0 | |
Jeffrey Brown Chairman | 1 | $0 | |
Timothy Mays Director | 1 | $0 | |
Andrew Mcpherson Vice Chairman | 1 | $0 | |
Clay Fischer Treasurer | 1 | $0 | |
David Tomasula Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $183,631 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $183,631 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $147 |
| Total expenses | $147 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $377,234 |
| Other assets | $0 |
| Total assets | $377,234 |
| Total liabilities | $0 |
| Net assets or fund balances | $377,234 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tilt Lab has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewel Nail Bomar Trust 8336230300 Chicago, IL | $101,133,335 | $15,350,534 |
Pious Projects Of America Bridgeview, IL | $2,395,968 | $8,177,090 |
William R Orthwein Jr And Laura Rand Orthwein Foundation Inc St Louis, MO | $73,594,056 | $14,006,042 |
Worth County Development Authority Northwood, IA | $8,240,749 | $6,157,684 |
Constellation Fund Minneapolis, MN | $8,581,079 | $5,161,859 |
Wayfarer Foundation Highland Park, IL | $333,654 | $4,731,977 |
Washington County Riverboat Foundation Washington, IA | $2,209,057 | $4,844,569 |
Catholic United Financial Foundation St Paul, MN | $37,486,034 | $6,021,022 |
Seeds Of Change Foundation Sioux Falls, SD | $998,757 | $2,484,573 |
Royals Charities Inc Kansas City, MO | $948,636 | $2,777,032 |
Fond Du Lac Area Foundation Fond Du Lac, WI | $72,661,560 | $12,050,578 |
Karam Foundation Nfp Lake Forest, IL | $4,231,584 | $2,840,038 |