Brian Ortega Foundation is located in Florence, KY. The organization was established in 2018. According to its NTEE Classification (T30) the organization is classified as: Public 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. Brian Ortega 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 12/2019, Brian Ortega Foundation generated $166.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 25.2% each year . All expenses for the organization totaled $192.9k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE YOUTH TO FIND THE STRENGTH TO OVERCOME CHALLENGING CIRCUMSTANCES IN THEIR LIVES AND BE READY TO INSPIRE OTHERS TO DO THE SAME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
T-CITY SCHOLARSHIP - THE T-CITY SCHOLARSHIP IS A FULL-TUITION SCHOLARSHIP FOR ONE YEAR OF TRAINING AT ANY CERTIFIED GRACIE JIU-JITSU TRAINING CENTER IN THE WORLD,INCLUDING GRACIE UNIVERSITY HEADQUARTERS WHERE BRIAN ORTEGA TRAINS AND TEACHES.
GENERAL ASSISTANCE - MANY KIDS TODAY FEEL ALONE AND THAT THEIR INDIVIDUAL SITUATION IS HOPELESS. THE BRIAN ORTEGA FOUNDATION PROVIDES KIDS WITH MESSAGES OF INSPIRATION FROM BRIAN BASED ON HIS PERSONAL EXPERIENCE IN OVERCOMING ADVERSITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Maricarmen Luhrsen Vice Preside | OfficerTrustee | 2 | $0 |
James Luhrsen Secretary | OfficerTrustee | 2 | $0 |
Brian Ortega President | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $142,334 |
Noncash contributions included in lines 1a–1f | $133,288 |
Total Revenue from Contributions, Gifts, Grants & Similar | $142,334 |
Total Program Service Revenue | $0 |
Investment income | $5 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $24,300 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $166,639 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $8,700 |
Grants and other assistance to domestic individuals. | $0 |
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 | $22,433 |
Fees for services: Legal | $2,660 |
Fees for services: Accounting | $152 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $530 |
Advertising and promotion | $146,585 |
Office expenses | $1,404 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $8,808 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $325 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,319 |
All other expenses | $0 |
Total functional expenses | $192,916 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $35,415 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $35,415 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
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 | $0 |
Net assets without donor restrictions | $35,415 |
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 | $35,415 |
Over the last fiscal year, we have identified 2 grants that Brian Ortega Foundation has recieved totaling $150,000.
Awarding Organization | Amount |
---|---|
Edward Charles Foundation Beverly Hills, CA PURPOSE: CHARITABLE GIFT | $100,000 |
Edward Charles Foundation Beverly Hills, CA PURPOSE: CHARITABLE GIFT | $50,000 |
Organization Name | Assets | Revenue |
---|---|---|
University Of Cincinnati Foundation Cincinnati, OH | $616,325,698 | $119,970,948 |
Schuler Education Foundation Lake Forest, IL | $54,673,241 | $7,067,242 |
Gary Sinise Foundation Nashville, TN | $79,715,180 | $58,070,139 |
Johnson Charitable Gift Fund Cincinnati, OH | $240,192,248 | $106,272,377 |
Young Mens Christian Association Of Greater Cincinnati Cincinnati, OH | $89,901,831 | $29,563,808 |
Veterans United Foundation Columbia, MO | $54,107,159 | $30,165,811 |
Jefferson Scholars Foundation Charlottesville, VA | $761,742,846 | $36,629,374 |
The Pauley Family Foundation Richmond, VA | $2,022,061,315 | $1,899,350,410 |
College Foundation Of The University Of Virginia Charlottesville, VA | $252,362,262 | $51,045,128 |
Independent Charitable Gift Fund Hudson, OH | $203,452,465 | $150,370,213 |
Philanthropic Impact Foundation Nashville, TN | $919,847 | $18,241,201 |
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |