Bolt Foundation
- Assets
- $764.2k
- Revenue
- $207.6k
- Investments
- $359.8k
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 12/2016
- Data as of
- 06/2022
- EIN
- 81-0898874
Organization Overview
Bolt Foundation is located in Tulsa, OK. The organization was established in 2016. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Bolt 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 06/2022, Bolt Foundation generated $207.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 69.6% each year . All expenses for the organization totaled $212.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Bouakadakis President | 0 | $0 | |
Autumn Bouakadakis Vice President | 0 | $0 | |
Paul Bouakadakis Treasurer | 0 | $0 | |
Sunny Bouakadakis Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $111 |
| Dividends & Interest | $8,499 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,040 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $207,570 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,283 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,514 |
| Total operating and administrative expenses | $7,814 |
| Contributions, gifts, grants paid | $205,000 |
| Total expenses and disbursements | $212,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,296 |
| Savings and temporary cash investments | $390,104 |
| 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 | $764,184 |
| 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, Bolt Foundation has awarded $205,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HOLY TRINITY GREEK CHURCH PURPOSE: GENERAL SUPPORT | $100,000 |
TRANSFIGURATION GREEK ORTHODOX CHURCH PURPOSE: GENERAL ACTIVITY | $100,000 |
BABY2BABY PURPOSE: GENERAL SUPPORT | $5,000 |