Bfrc Associate Assistance Fund INC

Tax-deductible

Nashville, TN501(c)(3)Human ServicesEIN 16-1657319Revenue $350K in FY2025

On file with the IRS200 4th Avenue South 27th Floor, 37201-2255 · Nashville, TNTax-exempt since Nov 2003Publicly supported charity — 170(b)(1)(A)(vi)

Tell your story. Claim this org

To provide personal and family emergency relief to associates who are unable to meet their daily living expenses or who need help recovering from a personal financial crisis.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Run by 30 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $18K a year · 5% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
115 mo
of spending, in cash
Looks good: 115.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$350K
+11% vs prior year
Spent
$370K
To programs
91%
Net assets
$3.6M
By yearFY2020–FY2025
Revenue
$350K
FY2025▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$529K
FY2021$312K
FY2022$249K
FY2023$335K
FY2024$316K
FY2025$350K
Expenses
$370K
FY2025▼ -34%
Tap a bar for its year
Expenses by fiscal year
FY2020$321K
FY2021$270K
FY2022$286K
FY2023$393K
FY2024$558K
FY2025$370K
Net assets
$3.6M
FY2025▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.5M
FY2021$3.6M
FY2022$3.5M
FY2023$3.6M
FY2024$3.4M
FY2025$3.6M

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $338K Management & general 9% · $32K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chief Financial Officer &
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Bfrc Associate Assistance Fund INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps employees facing financial hardship with emergency relief for daily needs and crisis recovery.

Questions for Bfrc Associate Assistance Fund INC

Tap to ask. Bfrc Associate Assistance Fund INC sees how many people are interested.

Your first name shows with your question. Bfrc Associate Assistance Fund INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $338K · in their own filed words · FY2025
01

To provide personal and family emergency relief to associates who are unable to meet their daily living expenses or who need help recovering from a personal financial crisis.

$338Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 6 grants · $2.1M · 2020–2025
Unitemized GrantFY2025$337,785
Unitemized GrantFY2024$524,123
Unitemized GrantFY2023$371,974
Unitemized GrantFY2022$268,467
Unitemized GrantFY2021$263,043
Unitemized GrantFY2020$315,287

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$350K
Ln 12
Gifts and grantsLn 1h$196K
Investment incomeLn 3$154K
Other incomeLn 4–11$162
Money outPt IX
$370K
Ln 25
Programscol B$338K
Managementcol C$32K
Owns and owesPt X
$3.6M
net assets · Ln 32
Cash and savingsLn 1–2$3.6M
Total assetsLn 16$3.6M
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$196K
Investment incomeLn 3$154K
Other incomeLn 4–11$162
Gains on assetsLn 7$19K
Total revenueLn 12$350K
Assets in detailPt X, end of year
SavingsLn 2$3.6M
Cash and savings togetherLn 1–2$3.6M
Total assetsLn 16$3.6M
LiabilitiesLn 26$0
Net assetsLn 32$3.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$3.4M$3.6M
Total assetsLn 16$3.4M$3.6M
LiabilitiesLn 26$0$0
Net assetsLn 32$3.4M$3.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$338K$338K
Investment management feesLn 11f$25K$25K
Office expensesLn 13$5K$5K
InsuranceLn 23$2K$2K
Total functional expensesLn 25$370K$338K$32K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $350K$370K−$20K$3.6M 990 PDF
FY2024 $316K$558K−$241K$3.4M 990 PDF
FY2023 $335K$393K−$58K$3.6M 990 PDF
FY2022 $249K$286K−$37K$3.5M 990 PDF
FY2021 $312K$270K$42K$3.6M 990 PDF
FY2020 $529K$321K$208K$3.5M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $350,191 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $170,845$195,771
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $144,240$154,258
I-11 Other revenuePrior year $1,369$162
I-12 Total revenuePrior year $316,454$350,191
I-13 Grants and similar amounts paidPrior year $524,123$337,785
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $33,702$31,981
I-18 Total expensesPrior year $557,825$369,766
I-19 Revenue less expensesPrior year −$241,371−$19,575
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $350,191 across 6 lines filed
VIII-1f All other contributions, gifts and grants$195,771
VIII-1h Total contributions, gifts and grants$195,771
VIII-3 Investment incomeExcluded from tax $135,165$135,165
VIII-7 Net gain or loss on sales of assetsExcluded from tax $19,093$19,093
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $162$162
VIII-12 Total revenueRelated to mission $162 · Unrelated business $0 · Excluded from tax $154,258$350,191
Part IX · Statement of functional expenses $369,766 across 4 lines filed
IX-2 Grants to domestic individualsPrograms $337,785$337,785
IX-11f Investment management feesManagement $24,743$24,743
IX-13 Office expensesManagement $5,472$5,472
IX-23 InsuranceManagement $1,766$1,766
IX-25 Total functional expensesPrograms $337,785 · Management $31,981 · Fundraising $0$369,766
Part X · Balance sheet $3,554,903 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $3,401,754$3,554,903
X-16 Total assetsStart of year $3,401,754$3,554,903
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $3,401,754$3,554,903
X-32 Total net assets or fund balancesStart of year $3,401,754$3,554,903
X-33 Total liabilities and net assetsStart of year $3,401,754$3,554,903
Part XI · Reconciliation of net assets $3,554,903 net assets at year end
XI-1 Total revenue$350,191
XI-2 Total expenses$369,766
XI-3 Revenue less expenses−$19,575
XI-4 Net assets at start of year$3,401,754
XI-5 Net unrealized gains (losses) on investments$172,724
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,554,903

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.