Overview
What is Biz Bash Inc?
Biz Bash Inc is a nonprofit organization located in Denver, Colorado, with a significant presence also in Arizona. Its primary mission is to support predetermined 501(c)(3) charities, mainly focusing on at-risk youth and their families in these two communities. Since its inception in 2001, Biz Bash has raised over $6 million for these causes through various fundraising events, including annual concerts in Phoenix and Denver. The organization operates through the volunteer efforts of BOK Financial Corporation's employees, demonstrating a strong commitment to community welfare.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while Biz Bash Inc demonstrates some strengths, there are several areas needing improvement. The organization achieved a solid Accountability & Finance Score of 73, reflecting effective management in areas like board independence and asset management.
Strengths of Biz Bash Inc include a fully independent board and strong program expense ratio, with an impressive 95.10% of expenses directed towards its programs. The organization also has no reported material diversion of assets, which is a positive indicator of its financial integrity. Additionally, they maintain proper documentation of board meeting minutes.
However, there are notable limitations that impact their overall rating. The absence of key policies such as a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about governance practices. Moreover, the lack of transparency is highlighted by the missing tax form on their website, which could hinder public trust. Overall, while Biz Bash Inc shows potential, addressing these gaps is crucial for enhancing its accountability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Biz Bash Inc legitimate?
Biz Bash Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Biz Bash Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Biz Bash Inc?
Biz Bash Inc was established with the mission to support charitable organizations, primarily those providing services to at-risk youth and their families. The company's main activities involve hosting fundraising events to raise financial aid for these worthy causes. Since its inception in 2001, Biz Bash has contributed over $6 million to qualified charities. The organization is run by the volunteer efforts of the employees of BOK Financial Corporation, and they host annual concert events in various cities to raise funds for approved charitable organizations. These events help in providing essential support to at-risk youth and their families.
Who is the CEO of Biz Bash Inc?
Unavailable
What is the revenue of Biz Bash Inc?
Biz Bash Inc's revenue in 2022 was $0.
Who are the executives of Biz Bash Inc and what are their salaries?
There 5 volunteers at Biz Bash Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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Where can I find the form 990 for Biz Bash Inc?
Biz Bash Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Biz Bash Inc
Biz Bash Inc, a volunteer-led organization, was established with the mission to champion philanthropy in Arizona and Colorado. The primary focus of Biz Bash is to support 501(c)(3) organizations that specialize in providing essential services to at-risk youth and their families, primarily within the metropolitan Phoenix and Denver communities. Biz Bash achieves this mission through the hosting of annual concert events, raising substantial financial contributions for deserving charitable organizations that have been approved by Biz Bash's Board of Directors. Since its inception in 2001, Biz Bash has donated over $6 million to such worthy causes, demonstrating its unwavering commitment to making a positive impact on the lives of vulnerable youth and their families.
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Impact
October, 2024
Biz Bash Inc had a significant impact on the communities of Arizona and Colorado through its fundraising efforts aimed at supporting at-risk youth and their families. Since its inception in 2001, the organization raised over $6 million for various 501(c)(3) organizations, demonstrating a strong commitment to philanthropy and community development. By hosting annual concert events in Phoenix and Denver, Biz Bash provided a platform not only for entertainment but also for mobilizing financial resources that directly benefited charitable organizations. The dedication of volunteers from BOK Financial Corporation ensured that the funds raised went to worthy causes, promoting a culture of giving and support within the communities it served. Although the organization dissolved in 2022, its legacy includes fostering connections and providing vital assistance to vulnerable populations in these regions.
This information is meant to be a general summary of Biz Bash Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2001
Phone
(303) 864-7237Main Address
1600 Broadway 3rd Floor, Denver, CO, 80202
NTEE Category
Code: T30 - Philanthropy
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