philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Building and Impacting Communities INC

Tax-deductible

Indianapolis, IN501(c)(3)HousingEIN 47-4457528Revenue $79K in FY2024

On file with the IRSbicinc.org1630 N Meridian St Ste 350, 46202-1462 · Indianapolis, INTax-exempt since Jan 2018Publicly supported — 509(a)(2)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To provide affordable housing and services

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

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $96K a year · 54% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 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
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2.6M
111% of total assets
Concern: liabilities are 111% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$79K
-87% vs prior year
Spent
$270K
To programs
91%
Net assets
−$254K
By yearFY2020–FY2024
Revenue
$79K
FY2024▼ -87%
Tap a bar for its year
Revenue by fiscal year
FY2020$37K
FY2021$85K
FY2022$77K
FY2023$610K
FY2024$79K
Expenses
$270K
FY2024▼ -60%
Tap a bar for its year
Expenses by fiscal year
FY2020$102K
FY2021$110K
FY2022$206K
FY2023$682K
FY2024$270K
Net assets
−$254K
FY2024▲ +38%
Tap a bar for its year
Net assets by fiscal year
FY2020−$185K
FY2021−$210K
FY2022−$340K
FY2023−$411K
FY2024−$254K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2018.

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% · $244K Management & general 9% · $24K Fundraising 0% · $1K

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

Something off? Claim to add context

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
Matt Murphy
Member-At-Large
$0Pt VII · Sec A
Samuel L Odle
Member-At-Large
$0Pt VII · Sec A
Delshon Dixon
Member-At-Large
$0Pt VII · Sec A
Dontrai Matthews
Member-At-Large
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Building and Impacting Communities INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

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
  • Loans to or from officersSch L · Pt II7 listed

Programs and updates

Offers affordable housing and support services to those in need.

Questions for Building and Impacting Communities INC

Tap to ask. Building and Impacting Communities INC sees how many people are interested.

Your first name shows with your question. Building and Impacting Communities INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $244K · in their own filed words · FY2024
01

Providing housing stability, wraparound services, and educational opportunities for those experiencing homelessness, low-income individuals, and seniors, in order to empower them to overcome barriers and gain greater quality of life on the path to self-sufficiency.

$244Kprogram expense

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$79K
Ln 12
Other incomeLn 4–11$55K
Fees for servicesLn 2g$24K
Money outPt IX
$270K
Ln 25
Programscol B$244K
Managementcol C$24K
Fundraisingcol D$1K
Owns and owesPt X
−$254K
net assets · Ln 32
Cash and savingsLn 1–2$24K
Total assetsLn 16$2.4M
LiabilitiesLn 26$2.6M
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$24K
Other incomeLn 4–11$55K
Total revenueLn 12$79K
Assets in detailPt X, end of year
CashLn 1$24K
Cash and savings togetherLn 1–2$24K
Land, buildings, equipmentLn 10c$1.4M
Other assetsLn 15$81K
Total assetsLn 16$2.4M
LiabilitiesLn 26$2.6M
Net assetsLn 32−$254K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$18K$24K
Land, buildings, equipmentLn 10c$1.5M$1.4M
Total assetsLn 16$2.4M$2.4M
LiabilitiesLn 26$2.4M$2.6M
Net assetsLn 32−$64K−$254K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$167K$167K
Advertising and promotionLn 12$588$588
InterestLn 20$61K$61K
Depreciation, depletion and amortizationLn 22$29K$7K$21K
Other expenses (24a–d)Ln 24$12K$9K$2K$605
Total functional expensesLn 25$270K$244K$24K$1K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $79K$270K−$190K−$254K 990 PDF
FY2023 $610K$682K−$72K−$411K 990 PDF
FY2022 $77K$206K−$129K−$340K 990 PDF
FY2021 $85K$110K−$26K−$210K 990 PDF
FY2020 $37K$102K−$65K−$185K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $79,412 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,000$0
I-9 Program service revenuePrior year $542,132$24,063
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $64,135$55,349
I-12 Total revenuePrior year $610,267$79,412
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $80,274$167,497
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $601,737$102,022
I-18 Total expensesPrior year $682,011$269,519
I-19 Revenue less expensesPrior year −$71,744−$190,107
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $79,412 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $24,063$24,063
VIII-6 Net rental income or lossRelated to mission $55,349$55,349
VIII-12 Total revenueRelated to mission $79,412 · Unrelated business $0 · Excluded from tax $0$79,412
Part IX · Statement of functional expenses $269,519 across 5 lines filed
IX-7 Other salaries and wagesPrograms $167,497$167,497
IX-12 Advertising and promotionFundraising $588$588
IX-20 InterestPrograms $60,781$60,781
IX-22 Depreciation, depletion and amortizationPrograms $7,125 · Management $21,376$28,501
IX-24 Other expenses (24a–d)Programs $9,072 · Management $2,475 · Fundraising $605$12,152
IX-25 Total functional expensesPrograms $244,475 · Management $23,851 · Fundraising $1,193$269,519
Part X · Balance sheet $2,360,854 assets, 12 lines filed
Asset lines not itemized here account for $830,910; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $17,901$24,449
X-4 Accounts receivableStart of year $2,000$2,000
X-10c Land, buildings and equipment, netStart of year $1,451,042$1,422,541
X-15 Other assetsStart of year $81,954$80,954
X-16 Total assetsStart of year $2,383,807$2,360,854
X-17 Accounts payable and accrued expensesStart of year $343$0
X-24 Unsecured notes and loans payableStart of year $1,600,000$1,600,000
X-25 Other liabilitiesStart of year $847,737$1,015,234
X-26 Total liabilitiesStart of year $2,448,080$2,615,234
X-27 Net assets without donor restrictionsStart of year −$64,273−$254,380
X-32 Total net assets or fund balancesStart of year −$64,273−$254,380
X-33 Total liabilities and net assetsStart of year $2,383,807$2,360,854
Part XI · Reconciliation of net assets −$254,380 net assets at year end
XI-1 Total revenue$79,412
XI-2 Total expenses$269,519
XI-3 Revenue less expenses−$190,107
XI-4 Net assets at start of year−$64,273
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$254,380

Form 990 e-file (XML) FY2024 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.