Overview

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Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Bolivar Downtown Development is a nonprofit organization focused on economic development in Bolivar, Tennessee. With an operating budget of $462.3K and total revenue of $1.1M for the filing year 2025, the organization is dedicated to promoting the redevelopment of downtown Bolivar. It does not rely on a single funder for 50% or more of its revenue.

Mission Statement

PROMOTE THE REDEVELOPMENT OF DOWNTOWN BOLIVAR, TN
Revenues
$1.1M
Expenses
$462.3K
Net Income:
+$621.5K
Assets
$3.5M
Liabilities
$872
Net Assets:
+$3.5M
Operating Budget
$462.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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B
Bobby Sain
Board Member
S
Scott Ledbetter
Board Member
J
Julian McTizic
Board Member

Frequently Asked Questions

What is BOLIVAR DOWNTOWN DEVELOPMENT’s budget?
In 2025, BOLIVAR DOWNTOWN DEVELOPMENT reported an annual operating budget of around $462 thousand. More detailed financial information is available to registered users.
What causes does BOLIVAR DOWNTOWN DEVELOPMENT support?
BOLIVAR DOWNTOWN DEVELOPMENT supports work in Economic development.
Where does BOLIVAR DOWNTOWN DEVELOPMENT operate?
BOLIVAR DOWNTOWN DEVELOPMENT is headquartered in Bolivar, TN.
What is BOLIVAR DOWNTOWN DEVELOPMENT’s reliance on government grants?
BOLIVAR DOWNTOWN DEVELOPMENT relied on government grants for more than 85% of their total revenue in 2025.