Bill Payment Support Services FY2021 filing

Andover, MN · Public charity (501(c)(3)) · Human Services

✓ Tax-deductible Latest data FY2021
Revenue
$393K
▲ +2% vs prior year
Spent
$401K
To programs
69%
Net assets
$273K
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending December 2021 (IRS tax year 2021).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
Not on file
Spent on programs?
69% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +2% vs prior year
Legal name (IRS)Hdr · item CBill Payment Support Services
EINHdr · item D27-0935978
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJan 2010
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CAndover, MN
NTEE classificationIRS BMFHuman Services (P51)

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.31
Program services69%$275K
Management & general31%$126K
Total functional expensesLn 25$401K

Financial health

Revenue & expenses by yearFY2020–FY2025
Revenue
$393K
FY2021▲ +2%
Expenses
$401K
FY2021-0.5%
Program efficiency
69%
of spending reaches programs
Operating runway
7.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$273K
FY2021▼ -3%
Total liabilities
$0
FY2021
Revenue less expensesPt I · Ln 19−$8K
Total assetsPt X · Ln 16$273K
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending

Balance Sheet

Part X · end of year
CashLn 1$246K
Total assetsLn 16$273K
Total liabilitiesLn 26$0
Total net assetsLn 32$273K
Months of cash on handcomputed7.4

Statement of Revenue

Part VIII
Program service revenue100%$392K
Investment income$438
Total revenueLn 12$393K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $246K · Operating expenses/yr $401K
7.4 months
Where the money goes
Program services
Program services $275K · Total expenses $401K
69%
Management & General
Management & general $126K · Total expenses $401K
31%
Fundraising
Fundraising $0 · Total expenses $401K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $393K
0%
Government reliance
Government grants — · Total revenue $393K
—
Earned-income share
Program service revenue $392K · Total revenue $393K
100%
Investment reliance
Investment income $438 · Total revenue $393K
+0.1%
Program self-sufficiency
Program service revenue $392K · Total expenses $401K
98%
Growth & trend
Revenue growth (YoY)
This year $393K · Prior year $385K
+2%
Net-asset trend (YoY)
End of year $273K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $393K · Expenses $401K
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $273K
—
Net-asset ratio
Net assets $273K · Total assets $273K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $273K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sally Babcock · Reported title DIRECTOR · Highest reported compensation $142K · Total expenses $401K
35%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $305K · Total expenses $401K
76%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 69%——
Overhead ratio 31%——
Revenue growth 2%——
Accounting fee ratio 0.08%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$142,000Pt VII · Sec A
$52,500Pt VII · Sec A
Director
$40,000Pt VII · Sec A

Sally Babcock’s $150K as Director is at the 98th percentile of top reported officer pay among 2167 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Sally Babcock$149,500$139,000$163,500$158,000$142,000$138,000
Karen Madlock$42,000$37,000$62,000$62,000$52,500$62,000
Corriene Bruder$56,969$58,288————
Tina Isaac$30,000$25,000$50,000$50,000$40,000$40,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Mission and programs

Helps disabled individuals secure basic needs through financial services.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $275K of program spending, described in the organization's own filed words · FY2021.
01

BPSS provides financial services for the disabled. Funds are collected and distributed on the individuals behalf to secure food, shelter, clothing and personal funds. The agency has 800 clients managed by a staff of 2 ftes. The client fee is $45 per month.

$275Kprogram expense
02

BPSS has maintained permanent housing for 100% of clients. The populations served are the most needy of the needy and stable housing is a critical element in keeping them safe. BPSS has had no known cases where a client was without food or utilities during the time they were clients of the agency.

Pt IX · col B
03

Bpss Has One Mission and One Service Focus

To provide financial stability to our clients. This requires advocacy, accounting, timely preparation of debt payment and review of billings.

Pt IX · col B

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Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $445K$407K+0.9% 990 PDF
FY2024 $442K$387K+2% 990 PDF
FY2023 $434K$470K+5% 990 PDF
FY2022 $412K$458K+5% 990 PDF
FY2021 Viewing $393K$401K+2% 990 PDF
FY2020 $385K$403K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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