Bcsp Foundation INC FY2023 filing

Indianapolis, INUnknown exempt organization EIN 82-4291803Revenue $503K in FY2023

On file with the IRSbcspfoundation.org8645 Guion Road · Indianapolis, IN

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82¢ of each $1 spent went to programs.
Programs: Part IX

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
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
2 of 5
filings with a surplus
Average deficit $80K a year · 13% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
1 mo
of spending, in cash
Plus $987K in investments, Pt X · Ln 11–13
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $207K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$175K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
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
$503K
-47% vs prior year
Spent
$968K
To programs
82%
Net assets
$1.1M
By yearFY2020–FY2024
Revenue
$503K
FY2023▼ -47%
Tap a bar for its year
Revenue by fiscal year
FY2020$355K
FY2021$854K
FY2022$957K
FY2023$503K
FY2024$362K
Expenses
$968K
FY2023▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2020$469K
FY2021$802K
FY2022$815K
FY2023$968K
FY2024$377K
Net assets
$1.1M
FY2023▼ -28%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.5M
FY2021$1.7M
FY2022$1.6M
FY2023$1.1M
FY2024$1.1M

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $797K Management & general 15% · $140K Fundraising 3% · $31K

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

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Bcsp Foundation INC executive salaries →

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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

Supports safety, health, and environmental professionals with resources, skills development, and financial aid throughout their careers.

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Provided by the organization

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3 programs · $797K · in their own filed words · FY2023
01

Professional Advancement

Provides resources and creates pathways for safety, health, and environmental professionals at every step of their professional life through such things as skills development, financial assistance, mentorship, career development, and more.

$418Kprogram expense
02

Research and Innovation

Provides support for students and affiliated professionals at accredited institutions of higher education or related research facilities through a reviewed application process in support of research conducted and related to the field of safety, health, and environment (she).

$342Kprogram expense
03

Youth Safety

Provides the necessary tools to address and mitigate the potential risks currently presented by youth participation in the modern economy.

$36Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$207K
Grants paid · 44 grants · $1.6M · 2020–2024
National Safety CouncilIL · FY2024$136,282
Unitemized GrantFY2024$10,000
Texas A&mFY2023$50,000
Montana Tech of the University of MontanaFY2023$30,000
Utah State UniversityUT · FY2023$25,000
Oklahoma State UniversityFY2023$25,000
University of Central MissouriFY2023$20,000
Unitemized GrantFY2023$10,000
Uw-Whitewater Foundation INCWI · FY2023$10,000
Slippery Rock UniversityFY2023$10,000
Columbia Southern UniversityFY2023$10,000
Colorado State UniversityFY2023$10,000
See all 44 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$503K
Ln 12
Gifts and grantsLn 1h$318K
Investment incomeLn 3$151K
Fees for servicesLn 2g$34K
Money outPt IX
$968K
Ln 25
Programscol B$797K
Managementcol C$140K
Fundraisingcol D$31K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$117K
Total assetsLn 16$1.3M
LiabilitiesLn 26$175K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$318K
Fees for servicesLn 2g$34K
Investment incomeLn 3$151K
Gains on assetsLn 7$110K
Total revenueLn 12$503K
Assets in detailPt X, end of year
CashLn 1$117K
Cash and savings togetherLn 1–2$117K
InvestmentsLn 11–13$987K
Land, buildings, equipmentLn 10c$58K
Other assetsLn 15$760
Total assetsLn 16$1.3M
LiabilitiesLn 26$175K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$15K$117K
InvestmentsLn 11–13$1.3M$987K
Land, buildings, equipmentLn 10c$103K$58K
Total assetsLn 16$1.6M$1.3M
LiabilitiesLn 26$96K$175K
Net assetsLn 32$1.6M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$379K$379K
Grants to domestic individualsLn 2$10K$10K
Legal feesLn 11b$8K$5K$2K$759
Accounting feesLn 11c$50K$35K$10K$5K
Investment management feesLn 11f$6K$6K
Other fees for servicesLn 11g$16K$1K$15K
Office expensesLn 13$183$128$37$18
TravelLn 17$146K$137K$9K$675
Depreciation, depletion and amortizationLn 22$40K$28K$8K$4K
InsuranceLn 23$31K$21K$6K$3K
Other expenses (24a–d)Ln 24$256K$166K$75K$16K
All other expensesLn 24e$25K$14K$10K$2K
Total functional expensesLn 25$968K$797K$140K$31K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $362K$377K−$16K$1.1M 990 PDF
FY2023 Viewing $503K$968K−$465K$1.1M 990 PDF
FY2022 $957K$815K$142K$1.6M 990 PDF
FY2021 $854K$802K$52K$1.7M 990 PDF
FY2020 $355K$469K−$114K$1.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $502,820 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $893,387$318,474
I-9 Program service revenuePrior year $30,268$33,725
I-10 Investment incomePrior year $33,233$150,621
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $956,888$502,820
I-13 Grants and similar amounts paidPrior year $335,645$389,467
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 $479,012$578,370
I-18 Total expensesPrior year $814,657$967,837
I-19 Revenue less expensesPrior year $142,231−$465,017
Part VI · Governance 6 of 6 board members independent, 2 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
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
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $502,820 across 7 lines filed
VIII-1d Related organizations$207,000
VIII-1f All other contributions, gifts and grants$111,474
VIII-1h Total contributions, gifts and grants$318,474
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $33,725$33,725
VIII-3 Investment incomeExcluded from tax $40,495$40,495
VIII-7 Net gain or loss on sales of assetsExcluded from tax $110,126$110,126
VIII-12 Total revenueRelated to mission $33,725 · Unrelated business $0 · Excluded from tax $150,621$502,820
Part IX · Statement of functional expenses $967,837 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $379,467$379,467
IX-2 Grants to domestic individualsPrograms $10,000$10,000
IX-11b Legal feesPrograms $5,314 · Management $1,518 · Fundraising $759$7,591
IX-11c Accounting feesPrograms $34,882 · Management $9,967 · Fundraising $4,983$49,832
IX-11f Investment management feesManagement $6,317$6,317
IX-11g Other fees for servicesPrograms $1,000 · Management $14,610$15,610
IX-13 Office expensesPrograms $128 · Management $37 · Fundraising $18$183
IX-17 TravelPrograms $136,605 · Management $8,989 · Fundraising $675$146,269
IX-22 Depreciation, depletion and amortizationPrograms $28,074 · Management $8,020 · Fundraising $4,011$40,105
IX-23 InsurancePrograms $21,425 · Management $6,120 · Fundraising $3,061$30,606
IX-24 Other expenses (24a–d)Programs $166,026 · Management $74,903 · Fundraising $15,513$256,442
IX-24e All other expensesPrograms $13,800 · Management $9,965 · Fundraising $1,650$25,415
IX-25 Total functional expensesPrograms $796,721 · Management $140,446 · Fundraising $30,670$967,837
Part X · Balance sheet $1,296,755 assets, 16 lines filed
Asset lines not itemized here account for $33,817; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $15,107$116,866
X-3 Pledges and grants receivableStart of year $120,039$46,200
X-4 Accounts receivableStart of year $5,000$4,504
X-9 Prepaid expenses and deferred chargesStart of year $65,610$50,298
X-10c Land, buildings and equipment, netStart of year $103,390$57,726
X-11 Publicly traded securitiesStart of year $1,318,970$986,584
X-15 Other assetsStart of year $736$760
X-16 Total assetsStart of year $1,647,254$1,296,755
X-17 Accounts payable and accrued expensesStart of year $22,698$45,904
X-19 Deferred revenueStart of year $3,575$7,351
X-25 Other liabilitiesStart of year $69,606$121,919
X-26 Total liabilitiesStart of year $95,879$175,174
X-27 Net assets without donor restrictionsStart of year $1,282,197$932,993
X-28 Net assets with donor restrictionsStart of year $269,178$188,588
X-32 Total net assets or fund balancesStart of year $1,551,375$1,121,581
X-33 Total liabilities and net assetsStart of year $1,647,254$1,296,755
Part XI · Reconciliation of net assets $1,121,581 net assets at year end
XI-1 Total revenue$502,820
XI-2 Total expenses$967,837
XI-3 Revenue less expenses−$465,017
XI-4 Net assets at start of year$1,551,375
XI-5 Net unrealized gains (losses) on investments$35,223
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,121,581

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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