Civic Intelligence

Building and Impacting Communities Inc

EIN 47-4457528 • 501(c)3 • Indianapolis, IN

Profile

To provide affordable housing and services.

1630 N Meridian St Ste 350Indianapolis, IN 46202

bicinc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.11x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

100th percentile

32.93x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

2nd percentile

-239%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

74th percentile

16%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-87%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,360,854

Up $324,047 (+16%) from 2023

Liabilities

Up

$2,615,234

Up $167,154 (+6.8%) from 2023

Net Assets

Up

-$254,380

Up $156,893 (+38%) from 2023

Revenue

Down

$79,412

Down $530,855 (-87%) from 2023

Expenses

Down

$269,519

Down $412,492 (-60%) from 2023

Net Income

Down

-$190,107

Down $118,363 (-165%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2019: $2,226,365Liabilities 2019: $2,346,037Net Assets 2019: -$119,6722019Assets 2020: $2,145,953Liabilities 2020: $2,330,755Net Assets 2020: -$184,8022020Assets 2021: $2,120,475Liabilities 2021: $2,330,813Net Assets 2021: -$210,3382021Assets 2022: $2,029,349Liabilities 2022: $2,368,878Net Assets 2022: -$339,5292022Assets 2023: $2,036,807Liabilities 2023: $2,448,080Net Assets 2023: -$411,2732023Assets 2024: $2,360,854Liabilities 2024: $2,615,234Net Assets 2024: -$254,3802024

Highlighted filing

2024

Assets$2,360,854
Liabilities$2,615,234
Net Assets-$254,380

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2019: $1,036,148Expenses 2019: $1,096,881Net Income 2019: -$60,7332019Revenue 2020: $36,608Expenses 2020: $101,738Net Income 2020: -$65,1302020Revenue 2021: $84,950Expenses 2021: $110,486Net Income 2021: -$25,5362021Revenue 2022: $76,662Expenses 2022: $205,851Net Income 2022: -$129,1892022Revenue 2023: $610,267Expenses 2023: $682,011Net Income 2023: -$71,7442023Revenue 2024: $79,412Expenses 2024: $269,519Net Income 2024: -$190,1072024

Highlighted filing

2024

Revenue$79,412
Expenses$269,519
Net Income-$190,107

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$79,412
Mission and Program Overview

Mission

To provide affordable housing and services.

To provide affordable housing and services

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,451,042$1,422,541▼ $28,501
Receivables From Officers Etc$830,910$830,910→ $0
Cash and Non-Interest-Bearing Accounts$17,901$24,449▲ $6,548
Accounts Receivable$2,000$2,000→ $0
Total Assets$2,383,807$2,360,854▼ $22,953
Other Assets Total$81,954$80,954▼ $1,000
Liabilities
Unsecured Notes Loans Payable$1,600,000$1,600,000→ $0
Other Liabilities$847,737$1,015,234▲ $167,497
Accounts Payable and Accrued Expenses$343$0▼ $343
Total Liabilities$2,448,080$2,615,234▲ $167,154
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-64,273$-254,380▼ $190,107
Total Net Assets Fund Balance$-64,273$-254,380▼ $190,107
Total Liabilities and Net Assets / Fund Balance$2,383,807$2,360,854▼ $22,953

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,422,541$142,505$1,565,046
Compensation and Service Providers

Board Members and Trustees

NameTitle
Roderick WattsPresident
Delshon DixonMember-at-large
Dontrai MatthewsMember-at-large
Matt MurphyMember-at-large
Samuel L OdleMember-at-large
George McmannisSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$24,063
Investment Income
$0
Other Revenue
$55,349
Change in Net Assets
$-190,107
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$167,497
Other Expenses$102,022
Total Fundraising Expense$1,193
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$167,497--$167,497
Interest$60,781--$60,781
Depreciation Depletion$7,125$21,376-$28,501
Advertising--$588$588
Other Expenses$769$56$51$56
Total Functional Expenses$244,475$23,851$1,193$269,519
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$830,910$830,910→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Posterity Scholar Project$1,015,234
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Organization's process to review form 990 board reviews 990 and files upon approval.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation upon request.

Filing and Contact Details

Filer

Filer Name
Building and Impacting Communities Inc
EIN
47-4457528
Phone
3173771790
Address
1630 N MERIDIAN ST STE 350, INDIANAPOLIS, IN 46202

Signing Officer

Name
Roderick Watts
Title
President
Phone
3173771790
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roderick Watts
Formed
2017
Legal Domicile
In
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
3

Preparer

Firm
AGRESTA STORMS & O'LEARY PC
Address
5140 COMMERCE CIRCLE, INDIANAPOLIS, IN 46237
Preparer
Joseph Sullivan CPA
Phone
3177809850
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code (irc) and state income tax under the indiana not-for-profit corporation act of 1971. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements. Management has determined that there are no uncertain tax positions that would require recognition in the financial statements. If the organization were to incur an income tax liability in the future, interest on any income tax liability would be reported as interest expense, and penalties on any income tax would be reported as penalties. Management's conclusions regarding uncertain tax positions may be subject to review and adjustment at a later date based on ongoing analysis of tax laws, regulations, and interpretations thereof, as well as other factors. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The organization's management believes it is no longer subject to income tax examinations for years prior to the year ended december 31, 2021.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND STATE INCOME TAX UNDER THE INDIANA NOT-FOR-PROFIT CORPORATION ACT OF 1971. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. IF THE ORGANIZATION WERE TO INCUR AN INCOME TAX LIABILITY IN THE FUTURE, INTEREST ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INTEREST EXPENSE, AND PENALTIES ON ANY INCOME TAX WOULD BE REPORTED AS PENALTIES. MANAGEMENT'S CONCLUSIONS REGARDING UNCERTAIN TAX POSITIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED ON ONGOING ANALYSIS OF TAX LAWS, REGULATIONS, AND INTERPRETATIONS THEREOF, AS WELL AS OTHER FACTORS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO THE YEAR ENDED DECEMBER 31, 2021.
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt4232810
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt547100
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt6102000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd51
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd61
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0BWI LLC - LOAN RECEIVABLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt1BWI LLC - LOAN RECEIVABLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt2BWI LLC - LOAN RECEIVABLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt3BWI LLC - LOAN RECEIVABLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt4BWI LLC - LOAN RECEIVABLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt5BWI LLC - LOAN RECEIVABLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt6BWI LLC - LOAN RECEIVABLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd50
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd60
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd5X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd6X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1BWC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2CANAL VILLAGE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt3FAMILY WORKS BUILD OUT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt4LEGAL FEES, BMO LOAN INTEREST, AND PURE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt5PSH FLAT ROOF REPAIR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt6OPERATING EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0118000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt190000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt298000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt3143000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt4232810
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt5100100
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt6102000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0100% OWNED BY RELATED PARTY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1100% OWNED BY RELATED PARTY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2100% OWNED BY RELATED PARTY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3100% OWNED BY RELATED PARTY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4100% OWNED BY RELATED PARTY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt5100% OWNED BY RELATED PARTY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt6100% OWNED BY RELATED PARTY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd51
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd61
IRS990ScheduleL/TotalBalanceDueAmt0830910
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S PROCESS TO REVIEW FORM 990 BOARD REVIEWS 990 AND FILES UPON APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS DISCLOSURE EXPLANATION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02383807
IRS990/TotalAssetsEOYAmt02360854
IRS990/TotalAssetsGrp/BOYAmt02383807
IRS990/TotalAssetsGrp/EOYAmt02360854
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023851
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0244475
IRS990/TotalFunctionalExpensesGrp/TotalAmt0269519
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02448080
IRS990/TotalLiabilitiesEOYAmt02615234
IRS990/TotalLiabilitiesGrp/BOYAmt02448080
IRS990/TotalLiabilitiesGrp/EOYAmt02615234
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-64273
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-254380
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0244475
IRS990/TotalProgramServiceRevenueAmt024063
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt079412
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt079412
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02383807
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02360854
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01600000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01600000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01630 N MERIDIAN STREET STE 350
IRS990/USAddress/CityNm0INDIANAPOLIS
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046202
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0BICINC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RODERICK WATTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03173771790
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BUILDING AND IMPACTING COMMUNITIES INC
ReturnHeader/Filer/BusinessNameControlTxt0BUIL
ReturnHeader/Filer/EIN0474457528
ReturnHeader/Filer/PhoneNum03173771790
ReturnHeader/Filer/USAddress/AddressLine1Txt01630 N MERIDIAN ST STE 350
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN

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