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ARIZONA BLOCKCHAIN INITIATIVE

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Tax-exempt status may be revoked

ARIZONA BLOCKCHAIN INITIATIVE

EIN 82-4105513

What they do

The Arizona Blockchain Initiative is A Tech-Ed Nonprofit Focused On The Social Impact of Decentralized Technology, Empowering Adults By Delivering Access to Knowledge and Opportunities.

Before you give

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders2 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$1.12spent for every $100 of revenueRevenue covered expenses this year.
1.12%of revenue went to management and office costs100.0% of expenses
$89.29in assets for every $1 spent this yearSome assets cannot be spent right away.
100.0%of its money came from giftsOther money may come from services or investments.

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Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$505,643
Mission workProgram services0.00% of revenue0.0% of expenses
ManagementOffice and general costs$5,6431.12% of revenue100.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$500,00098.88% of revenueShown in gray on the chart
Total expenses$5,6431.12% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$505,643
Expenses$5,643
Annual surplus $500,000 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Management and office costs$5,643 · 100.0% of expenses
See all reported dollar amounts
Revenue$505,643
Expenses$5,643
Assets$503,840
Contributions$505,643
Management and general$5,643
People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (2)

MELISSA P ARMASPRINCIPAL OFFICER

MELISSA P ARMASPRINCIPAL OFFICER

About this charity

Location
515 E GRANT ST STE 150, PHOENIX, AZ 850042750
County
Maricopa
In care of
Melissa P Armas
Primary officer
Melissa P Armas, CEO

How to reach them

Filing and classification

Latest tax year
2020
Tax period began
January 1, 2019
Return type
990
Revocation date
May 15, 2024

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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