Business Technology Assn Scholarship Foundation
- Assets
- $807.1k
- Revenue
- $21.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 12/1971
- Data as of
- 06/2023
- EIN
- 23-7157221
Organization Overview
Business Technology Assn Scholarship Foundation is located in Kansas City, MO. The organization was established in 1971. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Business Technology Assn Scholarship 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 06/2023, Business Technology Assn Scholarship Foundation generated $21.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $33.6k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL ASSISTANCE IN THE OFFICE TECHNOLOGY AREA OF STUDY FOR THE SONS AND DAUGHTERS OF BTA DEALER MEMBERS AND THE SONS AND DAUGHTERS OF EMPLOYEES OF BTA DEALER MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION AWARDS $1,000 AND $1,500 SCHOLARSHIPS TO QUALIFYING CHILDREN OF FULL, DUES-PAYING RETAIL DEALER MEMBERS AND TO THE CHILDREN OF MEMBERS' EMPLOYEES. BEGINNING IN 2015, ONE $3,000 SCHOLARSHIP WAS ESTABLISHED WITH THE BOB GOLDBERG SCHOLARSHIP FUND. BEGINNING IN 2020, ONE ANNUAL $2,000 SCHOLARSHIP WAS ESTABLISHED IN MEMORY OF DAVE QUINT.SINCE THE 1984-85 SCHOOL YEAR, THE FOUNDATION HAS AWARDED 1,540 SCHOLARSHIPS TOTALING $1,751,000 TO THE SONS AND DAUGHTERS OF THE FULL-TIME EMPLOYEES OF MEMBER DEALERSHIPS. SCHOLARSHIP RECIPIENTS ARE CHOSEN BY AN IMPARTIAL AND INDEPENDENT EVALUATOR.APPLICANTS MUST BE: A SON OR DAUGHTER OF A PRINCIPAL OR OF AN EMPLOYEE OF A CURRENT BTA RETAIL DEALER MEMBER (51% OF BUSINESS IS RETAIL). NEITHER PART-TIME EMPLOYEES NOR THEIR CHILDREN QUALIFY (PART-TIME IS DEFINED AS 20 HOURS PER WEEK OR LESS).(EMPLOYEES MAY APPLY ONLY IF HE/SHE QUALIFIES AS BOTH A FULL-TIME EMPLOYEE AND A FULL-TIME STUDENT.) AND A FULL-TIME STUDENT MAINTAINING A CLASS SCHEDULE OF AT LEAST 12 HOURS OF ACCREDITED COLLEGE COURSES THROUGHOUT THE SCHOOL YEAR COVERED BY THE SCHOLARSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Risser President | OfficerTrustee | 1 | $0 |
Adam Gregory President - Elect | OfficerTrustee | 1 | $0 |
Debra Dennis Vice President | OfficerTrustee | 1 | $0 |
Mike Boyle District Representative | Trustee | 1 | $0 |
Joe Dellaposta District Representative | Trustee | 1 | $0 |
Brantly Fowler District Representative | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $100 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,275 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,375 |
| Total Program Service Revenue | $0 |
| Investment income | $25,216 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$16,814 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,777 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $29,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,823 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $88 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $664 |
| Total functional expenses | $33,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $807,091 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $807,091 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $19,171 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $19,171 |
| Net assets without donor restrictions | $787,920 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $807,091 |