Bbchs Academic Foundation Ltd EIN 36-4098723 Form 990 (PDF) Claim this org

Bbchs Academic Foundation Ltd FY2021 filing

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Improves educational quality and opportunities for students in the BBCHS District. For fiscal year 2021 it reported $86K in revenue, $43K in expenses, and $779K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Bradley, IL
Filings
5 on file (2021–2021)
Revenue
$86KFY2021
Expenses
$43K
Net assets
$779K
People
17
Filings
5
Updates
0
More identity details & actions ⌄
EIN  36-4098723 Public charity (501(c)(3)) Bradley, IL
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Improves educational quality and opportunities for students in the BBCHS District.
Leadership
Darla Moldenhauer · Secretary
Money in and out
$86K revenue, $43K expenses
Bottom line
82% program efficiency
Where the money goes · FY2021
Total revenue
$86K
Pt VIII · Ln 12
Total expenses
$43K
Pt IX · Ln 25
Net assets
$779K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $42K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.18
Program efficiency
82%
of spending reaches programs
Operating runway
211.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+49%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$86K
FY2021
Expenses
$43K
FY2021
Total assets
$779K
FY2021
Total liabilities
$0
FY2021
Revenue less expensesPt I · Ln 19$42K
Total assetsPt X · Ln 16$779K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBbchs Academic Foundation Ltd
EINHdr · item D36-4098723
Principal addressHdr · item CBradley, IL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFNov 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Laurie Blake’s $7K as Executive Director is at the 6th percentile of top reported officer pay among 1613 $100K–1M education 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022
Laurie Blake$7,000$6,500$6,000

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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Mission & Programs · Part III

Where the work happens

3 program services account for $36K of program spending, described in the organization's own filed words · FY2020.
01

Academic Support of BBCHS programs and students

$22Kprogram expense
02

College Grants/Scholarships awarded to BBCHS graduates and to BBCHS teachers.

$14Kprogram expense
03

Support of BBCHS athletics

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$49K · 57%
Investment income$28K · 32%
Other revenue$9K · 11%
Contributions & grants57%$49K
Investment income32%$28K
Other revenue11%$9K
Total revenueLn 12$86K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.18
Program services82%$36K
Management & general18%$8K
Total functional expensesLn 25$43K

Balance Sheet

Part X · end of year
CashLn 1$50K
Total assetsLn 16$779K
Total liabilitiesLn 26$0
Total net assetsLn 32$779K
Months of cash on handcomputed13.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $764K · Operating expenses/yr $43K
211.4 months
Where the money goes
Program services
Program services $36K · Total expenses $43K
82%
Management & General
Management & general $8K · Total expenses $43K
18%
Fundraising
Fundraising $0 · Total expenses $43K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $49K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $49K · Total revenue $86K
57%
Government reliance
Government grants — · Total revenue $86K
Earned-income share
Program service revenue $0 · Total revenue $86K
0%
Investment reliance
Investment income $28K · Total revenue $86K
+32%
Program self-sufficiency
Program service revenue $0 · Total expenses $43K
0%
Growth & trend
Revenue growth (YoY)
This year $86K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $779K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $86K · Expenses $43K
+49%
Liabilities-to-Assets
Total liabilities — · Total assets $779K
Net-asset ratio
Net assets $779K · Total assets $779K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $714K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $779K
92%
People & payroll
Highest Reported Total Compensation
Individual Darla Moldenhauer · Reported title Secretary · Highest reported compensation $0 · Total expenses $43K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $6K · Total expenses $43K
14%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 18%
Fundraising cost ratio 0%
Investment management fee ratio 0.2%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$227
Grants paid · 5 grants · $98K · 2020–2024
Unitemized GrantFY2024$30,500
Unitemized GrantFY2023$20,500
Unitemized GrantFY2022$13,250
Unitemized GrantFY2021$20,000
Unitemized GrantFY2020$14,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$135K revenue · ⤓ 990 PDF
FY2024$156K revenue · ⤓ 990 PDF
FY2023$83K revenue · ⤓ 990 PDF
FY2022$168K revenue · ⤓ 990 PDF
FY2021$86K revenue · viewing · ⤓ 990 PDF

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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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