Bd Foundation INC EIN 65-1002456 Form 990 (PDF) Claim this org

Bd Foundation INC FY2022 filing

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Builds homes, schools, and infrastructure, provides disaster relief, and supports healthcare and essential supplies for impoverished communities. For fiscal year 2022 it reported $226K in revenue, $190K in expenses, and $761K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Hollywood, FL
Website
www.bdfoundation.com
Filings
5 on file (2020–2022)
Revenue
$226KFY2022
Expenses
$190K
Net assets
$761K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  65-1002456 Public charity (501(c)(3)) Hollywood, FL
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Builds homes, schools, and infrastructure, provides disaster relief, and supports healthcare and essential supplies for impoverished communities.
Leadership
Binh Yen Diep · Founder
Money in and out
$226K revenue, $190K expenses
Bottom line
100% program efficiency
Where the money goes · FY2022
Total revenue
$226K
Pt VIII · Ln 12
Total expenses
$190K
Pt IX · Ln 25
Net assets
$761K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $36K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Program efficiency
100%
of spending reaches programs
Operating runway
48.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+16%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$226K
FY2022▼ -37%
Expenses
$190K
FY2022▼ -25%
Total assets
$761K
FY2022▲ +5%
Total liabilities
$0
FY2022
Total revenue
$226K
Pt VIII · Ln 12
Total expenses
$190K
Pt IX · Ln 25
Net assets
$761K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$36K
Total assetsPt X · Ln 16$761K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBd Foundation INC
EINHdr · item D65-1002456
Principal addressHdr · item CHollywood, FL
WebsiteHdr · item Jwww.bdfoundation.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFOct 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Project Coordinator
$0Pt VII · Sec A
Administrator
$0Pt VII · Sec A
See Bd Foundation INC executive salaries →

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Mission & Programs · Part III

Where the work happens

2 program services account for $190K of program spending, described in the organization's own filed words · FY2022.
01

In collaboration with eyes of compassion, we constructed houses, classrooms, water systems, distributed rice and food, funded cataract surgeries, provided healthcare to ill and elderly, provided natural diaster relief

$151Kprogram expense
02

Build water systems in chad; funded churches and temples' various outreach programs; covid relief efforts in indiata; haiti missions; orphan hotline

$39Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$226K
Investment income$448
Total revenueLn 12$226K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$190K
Management & general$134
Total functional expensesLn 25$190K

Balance Sheet

Part X · end of year
CashLn 1$761K
Total assetsLn 16$761K
Total liabilitiesLn 26$0
Total net assetsLn 32$761K
Months of cash on handcomputed48.0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $761K · Operating expenses/yr $190K
48.0 months
Where the money goes
Program services
Program services $190K · Total expenses $190K
100%
Management & General
Management & general $134 · Total expenses $190K
0.07%
Fundraising
Fundraising $0 · Total expenses $190K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $241K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $226K · Total revenue $226K
100%
Government reliance
Government grants $0 · Total revenue $226K
0%
Earned-income share
Program service revenue $0 · Total revenue $226K
0%
Investment reliance
Investment income $448 · Total revenue $226K
+0.2%
Program self-sufficiency
Program service revenue $0 · Total expenses $190K
0%
Growth & trend
Revenue growth (YoY)
This year $226K · Prior year $361K
-37%
Net-asset trend (YoY)
End of year $761K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $226K · Expenses $190K
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $761K
Net-asset ratio
Net assets $761K · Total assets $761K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $761K
0%
People & payroll
Highest Reported Total Compensation
Individual Binh Yen Diep · Reported title FOUNDER · Highest reported compensation $0 · Total expenses $190K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $190K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0.07%
Fundraising cost ratio 0%
Revenue growth -37%
Investment management fee ratio 0%
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 · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$39K

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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
FY2024 (Latest)$673K revenue · ⤓ 990 PDF
FY2023$202K revenue · ⤓ 990 PDF
FY2022$226K revenue · viewing · ⤓ 990 PDF
FY2021$361K revenue · ⤓ 990 PDF
FY2020$146K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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