Civic Intelligence

Bic Educational Foundation Inc

990 • Fiscal year 2021 • EIN 52-1115933

Jul 01, 2020 to Jun 30, 2021 • Filed on May 20, 2022

6655 Santa Barbara Road 8096Elkridge, MD 21075

(410) 340-8039

Siviq Scores

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

Liabilities / Assets

25th percentile

0.03x

Higher debt load relative to assets than 25% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

91st percentile

2.75x

Higher debt load relative to revenue than 91% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

2nd percentile

-168%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

74th percentile

22%

Faster asset growth than 74% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

18th percentile

-9.7%

Faster revenue growth than 18% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$14,525,331

Up $2,660,932 (+22%) from 2020

Net Assets

Up

$14,031,331

Up $2,166,932 (+18%) from 2020

Liabilities

Up

$494,000

Up $494,000 from 2020

Revenue

Down

$179,367

Down $19,267 (-9.7%) from 2020

Expenses

Down

$481,081

Down $198,730 (-29%) from 2020

Net Income

Up

-$301,714

Up $179,463 (+37%) from 2020

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $26,772,513Liabilities 2010: $14,215,839Net Assets 2010: $12,556,6742010Assets 2011: $24,153,541Liabilities 2011: $13,189,680Net Assets 2011: $10,963,8612011Assets 2012: $18,990,112Liabilities 2012: $11,531,653Net Assets 2012: $7,458,4592012Assets 2013: $18,055,802Liabilities 2013: $11,831,787Net Assets 2013: $6,224,0152013Assets 2014: $10,196,683Liabilities 2014: $5,087,771Net Assets 2014: $5,108,9122014Assets 2015: $7,372,019Liabilities 2015: $975,105Net Assets 2015: $6,396,9142015Assets 2016: $9,744,889Liabilities 2016: $1,004,115Net Assets 2016: $8,740,7742016Assets 2017: $11,367,193Liabilities 2017: $806,000Net Assets 2017: $10,561,1932017Assets 2018: $11,908,153Liabilities 2018: $728,000Net Assets 2018: $11,180,1532018Assets 2019: $12,032,564Liabilities 2019: $650,000Net Assets 2019: $11,382,5642019Assets 2020: $11,864,399Liabilities 2020: $0Net Assets 2020: $11,864,3992020Assets 2021: $14,525,331Liabilities 2021: $494,000Net Assets 2021: $14,031,3312021Assets 2022: $11,448,782Liabilities 2022: $416,000Net Assets 2022: $11,032,7822022Assets 2023: $11,081,673Liabilities 2023: $331,500Net Assets 2023: $10,750,1732023Assets 2024: $10,384,057Liabilities 2024: $260,000Net Assets 2024: $10,124,0572024Assets 2025: $10,151,786Liabilities 2025: $182,000Net Assets 2025: $9,969,7862025

Highlighted filing

2021

Assets$14,525,331
Liabilities$494,000
Net Assets$14,031,331

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $13,195,4742010Expenses 2011: $15,738,9412011Revenue 2012: $6,071,689Expenses 2012: $9,125,519Net Income 2012: -$3,053,8302012Revenue 2013: $3,126,561Expenses 2013: $3,262,438Net Income 2013: -$135,8772013Revenue 2014: $3,464,365Expenses 2014: $3,579,466Net Income 2014: -$115,1012014Revenue 2015: $763,340Expenses 2015: $716,523Net Income 2015: $46,8172015Revenue 2016: $2,101,519Expenses 2016: $433,300Net Income 2016: $1,668,2192016Revenue 2017: $187,467Expenses 2017: $368,045Net Income 2017: -$180,5782017Revenue 2018: $211,941Expenses 2018: $434,925Net Income 2018: -$222,9842018Revenue 2019: $255,124Expenses 2019: $510,424Net Income 2019: -$255,3002019Revenue 2020: $198,634Expenses 2020: $679,811Net Income 2020: -$481,1772020Revenue 2021: $179,367Expenses 2021: $481,081Net Income 2021: -$301,7142021Revenue 2022: $766,759Expenses 2022: $362,180Net Income 2022: $404,5792022Revenue 2023: $429,926Expenses 2023: $797,501Net Income 2023: -$367,5752023Revenue 2024: $177,919Expenses 2024: $833,848Net Income 2024: -$655,9292024Revenue 2025: $699,679Expenses 2025: $882,787Net Income 2025: -$183,1082025

Highlighted filing

2021

Revenue$179,367
Expenses$481,081
Net Income-$301,714
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 20, 2022
Return Version
2020v4.0
Gross Receipts
$179,367
Mission and Program Overview

Mission

To provide charitable support to students pursuring careers in the hospitality industry by providing scholarships to eligible students.

To provide scholarships to students pursuing careers in the hospitality industry and to foster development of careers in the hospitality industry through grants and sponsorships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,862,974$14,377,781▲ $2,514,807
Cash and Non-Interest-Bearing Accounts$-10,217$86,490▲ $96,707
Savings and Temporary Cash Investments$0$61,060▲ $61,060
Accounts Receivable$11,642$0▼ $11,642
Pledges and Grants Receivable$0$0→ $0
Total Assets$11,864,399$14,525,331▲ $2,660,932
Liabilities
Other Liabilities$572,000$494,000▼ $78,000
Total Liabilities$572,000$494,000▼ $78,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,292,399$14,031,331▲ $2,738,932
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$11,292,399$14,031,331▲ $2,738,932
Total Liabilities and Net Assets / Fund Balance$11,864,399$14,525,331▲ $2,660,932
Compensation and Service Providers

Board Members and Trustees

NameTitle
Harold GraulChairman
Paul SavalTrustee
Richard RoeTrustee
Stuart AmosTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$179,367
Other Revenue
$0
Change in Net Assets
$-301,714
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$244,605
Grants and Similar Amounts Paid$236,476
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$186,316--$186,316
All Other Expenses$79,851--$79,851
Insurance$73,024--$73,024
Fees for Services Legal$62,905--$62,905
Grants to Domestic Orgs$50,160--$50,160
Fees for Services Accounting$24,725--$24,725
Office Expenses$4,100--$4,100
Total Functional Expenses$481,081$0$0$481,081
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Legal Judgement$494,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
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

A copy of this return was provided to the chairman and trustees for review.

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

Each responsible person shall be required to review a copy of the conflict of interest policy and to acknowledge in writing that he or she done so. Each responsible person shall annually complete a disclosure form indentifying any relationship, position or circumstance in which the responsible person involved that he or she believes could contribute to a conflict of interest arising from such relationship,position or circumstance that might include service as a director of or consultant to a nonprofit organization or owership of a business that might provide goods or service to the organization any such information regarding business interest of a responsible person or a family member shall be treated as confidential and shall generally be made available only to the chair,president and committee appointed to address conflict of interest,except to the extent additional disclosure is neccessary in connection with the implementation of the policy. The policy shall be reviewed annually by the board trustees. Any changes to the policy shall be communication immediately to all responsible persons.

Form 990, Part VI, Section C, Line 19

Form 990 part vi,section c line 19: these documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Bic Educational Foundation
EIN
52-1115933
Phone
4103408039
Address
6655 SANTA BARBARA ROAD 8096, ELKRIDGE, MD 21075

Signing Officer

Name
Harold Graul
Title
Chairman
Phone
4103408039
Signed
2022-05-20

Organization Details

Principal Officer
Harold Graul
Formed
1978
Legal Domicile
Md
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4
Supplemental Narrative

Additional Explanations

Form 990, Header, Line B

Form 990 part vi, section b line 11: a copy of this return was provided to the chairman of the board for review. Form 990 part vi, section b line 12c: each responsible person shall be required to review a copy of the conflict of interest policy and to acknowledge in writing that he or she done so. Each responsible person shall annually complete a disclosure form indentifying any relationship, position or circumstance in which the responsible person involved that he or she believes could contribute to a conflict of interest arising from such relationship, position or circumstance that might include service as a director of or consultant to a nonprofit organization or owership of a business that might provide goods or service to the organization. Any such information regarding business interest of a responsible person or a family member shall be treated as cocfidential and shall generally be made available only to the chair, president and committee appointed to address conflict of interest, except to the extent additional disclosure is neccessary in connection with the implementation of the policy. The policy shall be reviewed annually by the board of trustees any changes to the policy shall be communication immediately to all responsible person.

Form 990, Header, Line C

Form 990, part vi, section c line 19: these documents are available upon request.

Form 990, Header, Line D

Form 990, part xi, line 9: the foundation assets are all stock and bonds the balance change on how the stock and bonds, the balance changes on how the stock market performs.

Form 990, Part IX, Line 24E

Legal judgement $78,000, dues and memberships $576.00 and bank charges $425.00

Form 990, Part XI, Line 9

Form 990 part xi, line 9: the foundation assets are all stocks and bonds, the balance change on howmthe stock market performs.

Financial Statement Notes

Schedule D, Part VII, Line 3

Part vii line 3: brown advisory $14,377,781 end of the year market value

Schedule D, Part X, Line 2

Part x legal judgement $494,000

Raw XML Appendix397 raw XML fields

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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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0211641
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0187467
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01032233
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportPY170Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt00
IRS990ScheduleA/TotalSupportAmt01032233
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0494000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEGAL JUDGEMENT
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART VII LINE 3: BROWN ADVISORY $14,377,781 END OF THE YEAR MARKET VALUE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PART X LEGAL JUDGEMENT $494,000
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part VII, Line 3
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule D, Part X, Line 2
IRS990ScheduleD/TotalLiabilityAmt0494000
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0186316
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt150160
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt056 CASH PAYMENT FOR SCHOLARSHIPS.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1A GRANT TO HELP WITH COVID RELIEF.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0GREAT FARM KIDS RECEIVED $32,660 EIN: 45-2378710 AND RESTAURANT ASSN OF MARYLAND RECEIVED $ 17,500 EIN:52-1881151 FOR COVID RELIEF UNEMPLOYMENT.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt056
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt12
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0CASH
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION KEEPS RECORDS OF THE AWARDED STUDENTS NAME, IDENTIFICATION NUMBER, AMOUNTS AND THE SEMESTER THE FUNDS REPRESENT.THE FOUNDATION SENDS THE FUNDSDIRECTLY TO THE UNIVERSITY WHICH ENTER THE AMOUNT IN THE STUDENTS ACCOUNT TO PAY FOR BOOKS, UNIFORMS AND SUPPLIES. 56 STUDENTS RECEIVED SCHOLARSHIPS FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 PART VI, SECTION B LINE 11: A COPY OF THIS RETURN WAS PROVIDED TO THE CHAIRMAN OF THE BOARD FOR REVIEW. FORM 990 PART VI, SECTION B LINE 12C: EACH RESPONSIBLE PERSON SHALL BE REQUIRED TO REVIEW A COPY OF THE CONFLICT OF INTEREST POLICY AND TO ACKNOWLEDGE IN WRITING THAT HE OR SHE DONE SO. EACH RESPONSIBLE PERSON SHALL ANNUALLY COMPLETE A DISCLOSURE FORM INDENTIFYING ANY RELATIONSHIP, POSITION OR CIRCUMSTANCE IN WHICH THE RESPONSIBLE PERSON INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING FROM SUCH RELATIONSHIP, POSITION OR CIRCUMSTANCE THAT MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO A NONPROFIT ORGANIZATION OR OWERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICE TO THE ORGANIZATION. ANY SUCH INFORMATION REGARDING BUSINESS INTEREST OF A RESPONSIBLE PERSON OR A FAMILY MEMBER SHALL BE TREATED AS COCFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR, PRESIDENT AND COMMITTEE APPOINTED TO ADDRESS CONFLICT OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECCESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THE POLICY. THE POLICY SHALL BE REVIEWED ANNUALLY BY THE BOARD OF TRUSTEES ANY CHANGES TO THE POLICY SHALL BE COMMUNICATION IMMEDIATELY TO ALL RESPONSIBLE PERSON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART VI, SECTION C LINE 19: THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990, PART XI, LINE 9: THE FOUNDATION ASSETS ARE ALL STOCK AND BONDS THE BALANCE CHANGE ON HOW THE STOCK AND BONDS, THE BALANCE CHANGES ON HOW THE STOCK MARKET PERFORMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THIS RETURN WAS PROVIDED TO THE CHAIRMAN AND TRUSTEES FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH RESPONSIBLE PERSON SHALL BE REQUIRED TO REVIEW A COPY OF THE CONFLICT OF INTEREST POLICY AND TO ACKNOWLEDGE IN WRITING THAT HE OR SHE DONE SO. EACH RESPONSIBLE PERSON SHALL ANNUALLY COMPLETE A DISCLOSURE FORM INDENTIFYING ANY RELATIONSHIP, POSITION OR CIRCUMSTANCE IN WHICH THE RESPONSIBLE PERSON INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING FROM SUCH RELATIONSHIP,POSITION OR CIRCUMSTANCE THAT MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO A NONPROFIT ORGANIZATION OR OWERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICE TO THE ORGANIZATION ANY SUCH INFORMATION REGARDING BUSINESS INTEREST OF A RESPONSIBLE PERSON OR A FAMILY MEMBER SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR,PRESIDENT AND COMMITTEE APPOINTED TO ADDRESS CONFLICT OF INTEREST,EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECCESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THE POLICY. THE POLICY SHALL BE REVIEWED ANNUALLY BY THE BOARD TRUSTEES. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATION IMMEDIATELY TO ALL RESPONSIBLE PERSONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 PART VI,SECTION C LINE 19: THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LEGAL JUDGEMENT $78,000, DUES AND MEMBERSHIPS $576.00 AND BANK CHARGES $425.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FORM 990 PART XI, LINE 9: THE FOUNDATION ASSETS ARE ALL STOCKS AND BONDS, THE BALANCE CHANGE ON HOWMTHE STOCK MARKET PERFORMS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Header, Line B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Header, Line C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Header, Line D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0UT
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt011864399
IRS990/TotalAssetsEOYAmt014525331
IRS990/TotalAssetsGrp/BOYAmt011864399
IRS990/TotalAssetsGrp/EOYAmt014525331
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0481081
IRS990/TotalFunctionalExpensesGrp/TotalAmt0481081
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0572000
IRS990/TotalLiabilitiesEOYAmt0494000
IRS990/TotalLiabilitiesGrp/BOYAmt0572000
IRS990/TotalLiabilitiesGrp/EOYAmt0494000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011292399
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt014031331
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0481081
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0179367
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0179367
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt011864399
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014525331
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06655 SANTA BARBARA ROAD 8096
IRS990/USAddress/CityNm0ELKRIDGE
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021075
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WhistleblowerPolicyInd01
ReasonableCauseExplanation/ExplanationTxt0THE 990 WAS MAILED DID NOT KNOW IT NEED TO BE FILE E-FILE FOR 2020.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/ProfileEmailAddressChangeInd0X
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/ProfilePasswordChangeInd0X
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Harold Graul
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/PhoneNum04103408039
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BIC EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BICE
ReturnHeader/Filer/EIN0521115933
ReturnHeader/Filer/PhoneNum04103408039
ReturnHeader/Filer/USAddress/AddressLine1Txt06655 SANTA BARBARA ROAD 8096
ReturnHeader/Filer/USAddress/CityNm0ELKRIDGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021075
ReturnHeader/ReturnTs02022-05-20T11:32:30-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$10.2$0.18$9.97$0.70$0.88$0.18
2024Detailed filing. Detailed filing data is available for this year.$10.4$0.26$10.1$0.18$0.83$0.66
2023Detailed filing. Detailed filing data is available for this year.$11.1$0.33$10.8$0.43$0.80$0.37
2022Detailed filing. Detailed filing data is available for this year.$11.4$0.42$11.0$0.77$0.36$0.40
2021Detailed filing. Detailed filing data is available for this year.$14.5$0.49$14.0$0.18$0.48$0.30
2020Summary only. Only limited summary data is available for this year.$11.9$0.00$11.9$0.20$0.68$0.48
2019Summary only. Only limited summary data is available for this year.$12.0$0.65$11.4$0.26$0.51$0.26
2018Summary only. Only limited summary data is available for this year.$11.9$0.73$11.2$0.21$0.43$0.22
2017Summary only. Only limited summary data is available for this year.$11.4$0.81$10.6$0.19$0.37$0.18
2016Summary only. Only limited summary data is available for this year.$9.74$1.00$8.74$2.10$0.43$1.67
2015Summary only. Only limited summary data is available for this year.$7.37$0.98$6.40$0.76$0.72$0.05
2014Summary only. Only limited summary data is available for this year.$10.2$5.09$5.11$3.46$3.58$0.12
2013Summary only. Only limited summary data is available for this year.$18.1$11.8$6.22$3.13$3.26$0.14
2012Summary only. Only limited summary data is available for this year.$19.0$11.5$7.46$6.07$9.13$3.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.2$13.2$11.0$15.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.8$14.2$12.6$13.2