Civic Intelligence

Bcp Inc

990 • Fiscal year 2023 • EIN 36-3606107

Jan 03, 2022 to Jan 01, 2023 • Filed on Nov 15, 2023

615 PIIKOI STREET Suite 601Honolulu, HI 96814

(856) 793-1775

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

53rd percentile

0.12x

Higher debt load relative to assets than 53% of similar nonprofits.

2023 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

41st percentile

0.13x

Higher debt load relative to revenue than 41% of similar nonprofits.

2023 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2023

Net Margin

65th percentile

20%

Higher net margin than 65% of similar nonprofits.

2023 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

98th percentile

$2,578,157

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

2023 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2023

Asset Growth

82nd percentile

22%

Faster asset growth than 82% of similar nonprofits.

2023 filings • 501(c)4 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

31st percentile

-1.0%

Faster revenue growth than 31% of similar nonprofits.

2023 filings • 501(c)4 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Up

$26,230,387

Up $4,757,763 (+22%) from 2022

Net Assets

Up

$23,071,923

Up $4,959,596 (+27%) from 2022

Liabilities

Down

$3,158,464

Down $201,833 (-6.0%) from 2022

Revenue

Down

$24,926,371

Down $252,153 (-1.0%) from 2022

Expenses

Up

$19,958,200

Up $854,056 (+4.5%) from 2022

Net Income

Down

$4,968,171

Down $1,106,209 (-18%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2022: $21,472,624Liabilities 2022: $3,360,297Net Assets 2022: $18,112,3272022Assets 2023: $26,230,387Liabilities 2023: $3,158,464Net Assets 2023: $23,071,9232023Assets 2024: $9,632,472Liabilities 2024: $2,956,331Net Assets 2024: $6,676,1412024

Highlighted filing

2023

Assets$26,230,387
Liabilities$3,158,464
Net Assets$23,071,923

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$30M$20M$10M$0Revenue 2022: $25,178,524Expenses 2022: $19,104,144Net Income 2022: $6,074,3802022Revenue 2023: $24,926,371Expenses 2023: $19,958,200Net Income 2023: $4,968,1712023Revenue 2024: $30,952,758Expenses 2024: $24,428,046Net Income 2024: $6,524,7122024

Highlighted filing

2023

Revenue$24,926,371
Expenses$19,958,200
Net Income$4,968,171
Jump To
Filing Snapshot
Filing Period
Jan 3, 2022 to Jan 1, 2023
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$24,926,371
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$17,496,327$21,910,181▲ $4,413,854
Accounts Receivable$3,619,378$3,666,589▲ $47,211
Prepaid Expenses and Deferred Charges$238,476$173,542▼ $64,934
Land, Buildings, and Equipment, Net$107,478$100,922▼ $6,556
Intangible Assets$9,800$0▼ $9,800
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$21,472,624$26,230,387▲ $4,757,763
Other Assets Total$1,165$379,153▲ $377,988
Liabilities
Other Liabilities$256,681$2,259,814▲ $2,003,133
Accounts Payable and Accrued Expenses$3,032,552$859,523▼ $2,173,029
Deferred Revenue$71,064$39,127▼ $31,937
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,360,297$3,158,464▼ $201,833
Net Assets / Fund Balance
Net Assets With Donor Restrictions$18,112,327$23,071,923▲ $4,959,596
Net Assets Without Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$18,112,327$23,071,923▲ $4,959,596
Total Liabilities and Net Assets / Fund Balance$21,472,624$26,230,387▲ $4,757,763

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$43,324$73,141$116,465
Other Land Buildings$48,518$11,525$60,043
Leasehold Improvements$9,080$9,509$18,589
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark WusslerPhysical TherapistFT$120,016$46,304$166,320
Hillary ChunPhysical TherapistFT$113,218$21,363$134,581
Andrew CowleyPhysical TherapistFT$119,979$11,271$131,250
William PacanaPhysical TherapistFT$121,266$9,816$131,082
Jared WeichersPhysical TherapistFT$107,196$7,530$114,726

Board Members and Trustees

NameTitle
David L BaiadaPresident
Linda SiesselDirector
Tom SibsonDirector
Tanya HolcombSecretary
Brian PresslerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$24,909,193
Investment Income
$17,178
Other Revenue
$0
Change in Net Assets
$4,968,171
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,621,883
Other Expenses$7,336,317
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,663,956--$7,663,956
Other Employee Benefits$4,136,507$5,784-$4,142,291
All Other Expenses$656,448$737,209-$1,393,657
Payroll Taxes$781,189--$781,189
Insurance$493,979--$493,979
Office Expenses$355,854--$355,854
Information Technology$283,283--$283,283
Other Expenses$257,979--$257,979
Occupancy$255,429--$255,429
Travel$241,384--$241,384
Conferences and Meetings$143,659--$143,659
Depreciation Depletion$37,897--$37,897
Pension Plan Contributions$34,447--$34,447
Advertising$18,347--$18,347
Total Functional Expenses$19,215,207$742,993$0$19,958,200
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$1,356,410
Liabilities Under Insurance Pr$525,906
Lease Obligations$377,498
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Bayada home health care, inc. Is the sole member.

FORM 990, PART VI, SECTION A, LINE 7A

Bayada home health care, inc. Elects the members of the board.

FORM 990, PART VI, SECTION A, LINE 7B

Decisions subject to approval of members is needed for the following decisions: 1. Appointment or removal of all directors. 2. Any merger, dissolution or liquidation of this organization. 3. Any amendments to the articles of incorporation or bylaws. 4. Sale, pledge or lease of substantially all of the real property or other transfer of assets other than in the ordinary course of business. 5. Adoption of the organization's annual capital and operating budgets. 6. Changes in the scope of the mission or activities. 7. Insurance of any third party indebtedness. 8. Adoption of investment and spending policies. 9. Any contract for providing for the management of the organization.

Form 990, Part VI, Section A, Line 9

Tom sibson 4300 haddonfield road pennsauken, nj, 08109

FORM 990, PART VI, SECTION B, LINE 11B

The form 990 information is gathered by the finance staff, provided to the independent accounting firm for preparation and reviewed by senior management and provided to the board before filing.

Form 990, Part VI, Section B, Line 12C

The organization annually requires all board members to review the conflict of interest policy and confirm in writing they do not have a conflict.

Form 990, Part VI, Section B, Line 15

The compensation for ceo, executive director and top management is reviewed by and approved by the board of directors. The compensation for officers and key employees is reviewed by the executive director, presented to, reviewed by and approved by the board of directors.

Form 990, Part VI, Section C, Line 19

BY WRITTEN REQUEST.

Filing and Contact Details

Filer

Filer Name
Bcp Inc
EIN
36-3606107
In Care Of
% BRIAN PRESSLER
Phone
8567931775
Address
615 PIIKOI STREET Suite 601, HONOLULU, HI 96814

Signing Officer

Name
David Baiada
Title
President
Phone
8567931775
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Baiada
Formed
2019
Legal Domicile
Hi
Voting Board Members
3
Independent Board Members
1
Employees
240
Volunteers
0

Preparer

Firm
PwC US Tax LLP
Address
2001 MARKET STREET SUITE 1800, PHILADELPHIA, PA 19103
Preparer
Eric M Mcneil
Phone
2673303000
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1 and Part III, Line 1

Description of organization mission b.c.p., inc. ("bcp") is organized and operated to provide charitable home health care services. Such charitable home health care services include providing nursing care after injury, illness, or surgery; care for needs related to a chronic condition; physical therapy for improving function through therapeutic exercise, balance and coordination training and education, speech language pathology for evaluating and treating communication and swallowing problems; occupational therapy for improving motor skills and reasoning abilities, or to compensate for permanent loss of function; assistive care (home health aide services) such as bathing, dressing, and medication reminders, medical social work such as mental and social assessments; and connecting clients and families to community. Bcp's purpose is to help people have a safe home life with comfort, independence, and dignity. Bcp will provide the highest quality home health care services including nursing, rehabilitative, therapeutic.

Form 990, Part XI, Line 9

Other changes in net assets or fund balances $-8,575

Form 990, Part XII

The audit committee assumes responsibility and oversight for the annual audit. This process has not changed in the current year.

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IRS990/OtherChangesInNetAssetsAmt0-8575
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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt048518
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00

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