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Nonprofit · EIN 94-3280297

BIZWORLD FOUNDATION

Tax-exempt · SAN MATEO, CA 94401

Financials

$991K$1M2024
Revenue Expenses · by fiscal year end
Financials of BIZWORLD FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$990,826$1,017,477-$26,651$886,261-$15,652$901,913
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$888,749
Program service revenue
$29,633
Investment income
$75,165
Net gain from sales of assets
$51,929
Net income from sales of inventory
-$3,005
Other revenue
-$2,721

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$372,496
Salaries, compensation and benefits (total)
$437,915
Professional fundraising fees
$0
Accounting fees
$10,998
Occupancy
$2,100
Travel
$24,558
Depreciation
$10,532
Program services (functional)
$817,431
Management and general (functional)
$41,275
Fundraising (functional)
$158,771

Balance sheet and other

Total assets, start of year
$923,384
Total assets, end of year
$886,261
Total liabilities, end of year
-$15,652
Net assets, end of year
$901,913
Land, buildings and equipment
$20,026
Publicly traded securities
$736,223
Net assets without donor restrictions
$901,913
Gross receipts
$993,831
Employees
5
Volunteers
150
Year formed
1997
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Charlene VacaExecutive Director
Officer
30$105,000
T Hale Boggs IIIChairman of Board
Trustee or director, Officer
0$0
Timothy C DraperFounder
Trustee or director, Officer
0$0
Harry GouldFinance Chair
Trustee or director
0$0
Jay AllardyceDirector
Trustee or director
0$0
Stephen SilverDirector
Trustee or director
0$0
Steven SingerDirector
Trustee or director
0$0
Tracy TuensDirector
Trustee or director
0$0
Jay AllardyceDirector
Trustee or director
0$0

Address and contacts

Address (IRS master file)
55 E 3RD AVE, SAN MATEO, CA 94401-4010
In care of
% TIMOTHY DRAPER
Principal officer (990 for 2024)
Charlene Vaca, 344 Thomas L Berkley Way, Oakland, CA 94612
Signed the 990
Charlene Vaca, CEO
Phone
(415) 503-5880
Return prepared by
Karen A Hahn CPA Inc

Mission

WE ENABLE YOUTH FROM ALL BACKGROUNDS TO UNLOCK THE POWER OF ENTREPRENEURSHIP TO CREATE CAREER OPPORTUNITIES, INSPIRE SELF-RELIANCE, AND BUILD CONFIDENCE THAT DRIVES ECONOMIC PROSPERITY GLOBALLY.

990 for the year ended August 31, 2025

Program accomplishments

  • WE ENABLE YOUTH FROM ALL BACKGROUNDS TO UNLOCK THE POWER OF ENTREPRENEURSHIP TO CREATE CAREER OPPORTUNITIES, INSPIRE SELF-RELIANCE, AND BUILD CONFIDENCE THAT DRIVES ECONOMIC PROSPERITY GLOBALLY.
    Expenses $817,431 · revenue $990,826

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
94-3280297
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1998
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B80)
Assets (IRS master file)
$886,261
Income (IRS master file)
$993,831

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025–––IRS
990August 2024–––IRS
990August 2023$621,418$678,471$731,025IRS
990August 2022$613,591$547,214$801,997IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about BIZWORLD FOUNDATION

What is the EIN of BIZWORLD FOUNDATION?
The employer identification number (EIN) of BIZWORLD FOUNDATION is 94-3280297.
Is BIZWORLD FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to BIZWORLD FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BIZWORLD FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BIZWORLD FOUNDATION due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BIZWORLD FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of BIZWORLD FOUNDATION?
The 990 for the year ended August 31, 2025 names Charlene Vaca.
Who are the officers and directors of BIZWORLD FOUNDATION?
The 990 for the year ended August 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $105,000 (Charlene Vaca, Executive Director).
How much revenue does BIZWORLD FOUNDATION have?
On its 990 for the year ended August 31, 2025 it reported revenue of $990,826, expenses of $1,017,477 and total assets of $886,261 at year end.

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