Overview
What is Bizgym Foundation?
The Bizgym Foundation, located in Honolulu, Hawaii, operates under the name Bizgenics. Their primary mission is to empower disadvantaged youth, specifically those from low-income and disenfranchised backgrounds, by providing them with the tools and opportunities to build a positive legacy through entrepreneurship. While the information does not specify the exact activities they undertake, it hints at their involvement in the digital media industry. Specifically, they operate ID8 Studios, a soundstage used for film, TV, music recording, photography, costume fittings, and various production industry purposes. The Bizgym Foundation's initiatives aim to uplift and empower the youth, ultimately fostering a sense of self-sufficiency and success.
Official website here: www.id8.org
Is Bizgym Foundation legitimate?
Bizgym Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bizgym Foundation 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:
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Official website here: www.id8.org
What is the mission statement of Bizgym Foundation?
The Bizgym Foundation's mission is focused on empowering disadvantaged individuals, specifically low-income and disenfranchised youth, to create a positive legacy for themselves through the medium of business. This organization strives to provide these individuals with the necessary tools and resources to achieve success in the business world. While not specified in the provided information, it can be inferred that the foundation likely offers educational programs, mentorship opportunities, and potential financial assistance to help these young people realize their entrepreneurial aspirations. By doing so, the Bizgym Foundation aims to contribute positively to their communities and potentially break the cycle of poverty and social disadvantage.
Official website here: www.id8.org
What is the revenue of Bizgym Foundation?
Bizgym Foundation's revenue in 2023 was $73,894.
Official website here: www.id8.org
Who are the executives of Bizgym Foundation and what are their salaries?
There 21 volunteers at Bizgym Foundation.
Here are 6 key members and their salaries:
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Official website here: www.id8.org
Where can I find the form 990 for Bizgym Foundation?
Bizgym Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.id8.org
Learn more at the official website: www.id8.org
Mission Statement of Bizgym Foundation
Bizgym Foundation, a non-profit organization, is dedicated to empowering disadvantaged individuals, primarily low-income and disenfranchised youth. Their mission is to help these individuals achieve a positive legacy by leveraging the power of business. By providing them with the necessary tools and resources, Bizgym Foundation aims to equip these young individuals with the skills and confidence needed to build a successful and meaningful future. The organization's goal is not just to help them survive, but to thrive and contribute positively to their communities and society as a whole.
ID8 Studios, a digital media soundstage operated by Bizgym Foundation on behalf of the State of Hawaii, serves as a testament to the organization's commitment to its mission. This facility, which has been used for film, TV, music recording, photography, costume fittings, and other production industry purposes, demonstrates Bizgym Foundation's ability to provide practical opportunities for the youth it serves. By providing a platform for these young individuals to learn and gain experience in the business world, Bizgym Foundation is helping them to develop the skills they need to succeed in life.
In summary, Bizgym Foundation is a non-profit organization that is committed to empowering disadvantaged individuals, particularly low-income and disenfranchised youth. Their mission is to help these individuals achieve a positive legacy through business by providing them with the necessary tools and resources to succeed. The organization's operation of ID8 Studios is a tangible example of their commitment to this mission, providing practical opportunities for young individuals to learn and gain experience in the business world.
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Impact
October, 2024
Bizgym Foundation empowers disadvantaged youth, especially those from low-income and disenfranchised backgrounds, by providing them the tools and opportunities to create a positive legacy through business initiatives. It operates ID8 Studios, a state-of-the-art digital media soundstage in Honolulu, Hawaii. This facility supports a wide range of production activities, including film, television, music recording, photography, and costume fittings. By fostering creativity and entrepreneurial skills, Bizgym Foundation enables youth to thrive in the arts and media industries, helping them build a brighter future while contributing to the local economy. Through its programs, the foundation cultivates a generation of innovators and leaders, ultimately transforming lives and communities.
This information is meant to be a general summary of Bizgym Foundation. 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 2023.
- Investment Income: $15
- Program Service Revenue: $49,077
- Gross Receipts: $73,894
Assets and Liabilities:
- Total Assets: $1,135,438
- Total Liabilities: $512,435
- Net Assets: $623,003
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Rents
Revenue
$29,644
Program Service Fees
Revenue
$19,433
Organization Details
Founding Year
2012
Principal Officer
Steve Sue
Website
www.id8.orgNTEE Category
Code: O50 - Youth development
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