Bacs Prevention Platform INC

Tax-deductible

Oakland, CA501(c)(3)Since 2021HousingEIN 87-1047278

To support regional homelessness prevention initiatives through the use of a cloud-based technology platform.

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
Run by 6 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
Is it a real charity?
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
Are gifts tax-deductible?
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
2 of 3
years in the black
Worth a look: 1 of the last 3 filings shows a deficit.
Pt I · Ln 19 · 3 filings
How much reaches the programs?
69%
of spending
Worth a look: 69% of spending went to programs; under 75% is worth a look.
Pt IX · Ln 25 · col B
Do they have reserves?
1 mo
of spending, in cash
Worth a look: 1.1 months of spending in cash; under 3 is worth a look.
Pt X · Ln 1–2 · Pt I · Ln 18
Do they carry debt?
$78K
liabilities
Looks good: debts are 37% of assets; 50% or less looks good.
Pt X · Ln 26
Who oversees it?
6
independent of 6 voting board members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$806K
+7% vs prior year
Spent
$754K
To programs
69%
Net assets
$136K
By yearFY2022–FY2024
Revenue
$806K
FY2024▲ +7%
Revenue by fiscal year
FY2022$554K
FY2023$790K
FY2024$754K
FY2024$806K
Expenses
$754K
FY2024▲ +13%
Expenses by fiscal year
FY2022$554K
FY2023$820K
FY2024$669K
FY2024$754K
Net assets
$136K
FY2024▲ +60%
Net assets by fiscal year
FY2022$0
FY2023−$30K
FY2024$85K
FY2024$136K

From the FY2024 Form 990 · see the original

Status and standing

Is it real, and can you give to it?

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?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CBacs Prevention Platform INC
EINHdr · item D87-1047278
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFNov 2021
Year of formationHdr · item L2021
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item COakland, CA
NTEE classificationIRS BMFHousing (L80)

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.31 Fundraising $0.00
Program services69%$522K
Management & general31%$232K
Fundraising$702
Total functional expensesLn 25$754K

Financial health

Is it on solid ground?

Program efficiency
69%
of spending reaches programs▲ +22% vs prior filing year
Operating runway
1.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+6%
revenue over expenses, this year▼ -44% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$215K
FY2024▲ +14%
Total assets by fiscal year
FY2022$285K
FY2023$199K
FY2024$189K
FY2024$215K
Total liabilities
$78K
FY2024▼ -24%
Total liabilities by fiscal year
FY2022$285K
FY2023$229K
FY2024$104K
FY2024$78K
Revenue less expensesPt I · Ln 19$51K
Total assetsPt X · Ln 16$215K
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Balance Sheet

Part X · end of year
CashLn 1$68K
Total assetsLn 16$215K
Total liabilitiesLn 26$78K
Total net assetsLn 32$136K
Months of cash on handcomputed1.1

Statement of Revenue

Part VIII
Program service revenue$756K · 94%
Contributions & grants$50K · 6%
Program service revenue94%$756K
Contributions & grants6%$50K
Total revenueLn 12$806K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $68K · Operating expenses/yr $754K
1.1 months
Where the money goes
Program services
Program services $522K · Total expenses $754K
69%
Management & General
Management & general $232K · Total expenses $754K
31%
Fundraising
Fundraising $702 · Total expenses $754K
0.09%
Cost to raise $1
Fundraising expense (3-yr avg) $448 · Solicited contributions (3-yr avg) $17K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $50K · Total revenue $806K
6%
Government reliance
Government grants — · Total revenue $806K
—
Earned-income share
Program service revenue $756K · Total revenue $806K
94%
Investment reliance
Investment income $0 · Total revenue $806K
0%
Program self-sufficiency
Program service revenue $756K · Total expenses $754K
100%
Growth & trend
Revenue growth (YoY)
This year $806K · Prior year $754K
+7%
Net-asset trend (YoY)
End of year $136K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $806K · Expenses $754K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $215K
—
Net-asset ratio
Net assets $136K · Total assets $215K
63%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $215K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Judith Bloom · Reported title Vice Chair · Highest reported compensation $0 · Total expenses $754K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $505K · Total expenses $754K
67%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 69%——
Overhead ratio 31%——
Fundraising cost ratio 1%——
Revenue growth 7%——

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

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Vice Chair
$0Pt VII · Sec A
Chair (jul-Sept)
$0Pt VII · Sec A
Sec./Treas. (jul-Apr)
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Bacs Prevention Platform INC executive salaries →

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Governance & Policies

Part VI
  • 6Voting board membersPt VI · Ln 1a
  • 6Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Prevent homelessness by providing resources and support to those at risk.

Provided by the organization

This section is blank until Bacs Prevention Platform INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $522K of program spending, described in the organization's own filed words · FY2024.
01

Housing Prevention Program

Nobody wants to experience homelessness, so BACS is working to prevent homelessness before it starts. California is in the middle of an affordable housing crisis. As our cities and communities grow, residents face rising housing costs and displacement.

$522Kprogram expense

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Funders

Who pays for it.

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

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $754K$669K-5% 990 PDF
FY2023 $790K$820K+43% 990 PDF
FY2022 $554K$554K 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) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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