Civic Intelligence

Black Student Fund

990 • Fiscal year 2022 • EIN 52-6053597

Jul 01, 2021 to Jun 30, 2022 • Filed on Aug 26, 2022

3636 16th Street NWWashington, DC 20010

(202) 387-1414

Siviq Scores

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

Liabilities / Assets

66th percentile

0.01x

Higher debt load relative to assets than 66% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

73rd percentile

23%

Higher net margin than 73% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

94th percentile

$60,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 13.4% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

92nd percentile

115%

Faster asset growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

47th percentile

5.9%

Faster revenue growth than 47% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$212,837

Up $113,978 (+115%) from 2021

Net Assets

Up

$210,545

Up $112,559 (+115%) from 2021

Liabilities

Up

$2,292

Up $1,419 (+163%) from 2021

Revenue

Up

$448,097

Up $25,107 (+5.9%) from 2021

Expenses

Up

$347,224

Up $24,862 (+7.7%) from 2021

Net Income

Up

$100,873

Up $245 (+0.2%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2010: $616,423Liabilities 2010: $40,120Net Assets 2010: $576,3032010Assets 2011: $418,462Liabilities 2011: $23,831Net Assets 2011: $394,6312011Assets 2012: $199,347Liabilities 2012: $18,702Net Assets 2012: $180,6452012Assets 2013: $89,894Liabilities 2013: $38,324Net Assets 2013: $51,5702013Assets 2014: $50,142Liabilities 2014: $28,862Net Assets 2014: $21,2802014Assets 2015: $28,253Liabilities 2015: $22,150Net Assets 2015: $6,1032015Assets 2016: $31,354Liabilities 2016: $38,739Net Assets 2016: -$7,3852016Assets 2017: $33,185Liabilities 2017: $35,832Net Assets 2017: -$2,6462017Assets 2018: $54,807Liabilities 2018: $8,877Net Assets 2018: $45,9302018Assets 2019: $22,207Liabilities 2019: $4,381Net Assets 2019: $17,8262019Assets 2020: $10,391Liabilities 2020: $0Net Assets 2020: $10,3912020Assets 2021: $98,859Liabilities 2021: $873Net Assets 2021: $97,9862021Assets 2022: $212,837Liabilities 2022: $2,292Net Assets 2022: $210,5452022Assets 2023: $45,372Liabilities 2023: $675Net Assets 2023: $44,6972023Assets 2024: $51,018Liabilities 2024: $165Net Assets 2024: $50,8532024

Highlighted filing

2022

Assets$212,837
Liabilities$2,292
Net Assets$210,545

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $658,8542010Revenue 2011: $435,416Expenses 2011: $626,335Net Income 2011: -$190,9192011Expenses 2012: $603,0392012Expenses 2013: $505,3292013Revenue 2014: $336,397Expenses 2014: $387,209Net Income 2014: -$50,8122014Revenue 2015: $379,312Expenses 2015: $407,911Net Income 2015: -$28,5992015Revenue 2016: $308,398Expenses 2016: $315,197Net Income 2016: -$6,7992016Revenue 2017: $249,119Expenses 2017: $244,380Net Income 2017: $4,7392017Revenue 2018: $260,708Expenses 2018: $212,132Net Income 2018: $48,5762018Revenue 2019: $184,390Expenses 2019: $197,710Net Income 2019: -$13,3202019Revenue 2020: $196,337Expenses 2020: $203,481Net Income 2020: -$7,1442020Revenue 2021: $422,990Expenses 2021: $322,362Net Income 2021: $100,6282021Revenue 2022: $448,097Expenses 2022: $347,224Net Income 2022: $100,8732022Revenue 2023: $216,438Expenses 2023: $399,047Net Income 2023: -$182,6092023Revenue 2024: $307,091Expenses 2024: $314,602Net Income 2024: -$7,5112024

Highlighted filing

2022

Revenue$448,097
Expenses$347,224
Net Income$100,873
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Aug 26, 2022
Return Version
2021v4.0
Gross Receipts
$449,886
Mission and Program Overview

Mission

BSF is an educational equity organization advancing educational choice by affording underserved families access to independent schools and supporting their success. BSF has served tens of thousands of children; served more than seventy five BSF member schools K-12; and inspired replications across the Mid-Atlantic region. BSF is also a community resource collaborating with organizations advancing education.

The Black Student Fund (BSF) provides essential advocacy, academic and retention support to academically motivated African American and other underserved students to facilitate their access, admission and successful matriculation and graduation from member schools. BSF partners with member schools to provide financial assistance, as well as instruction, evaluations, feedback and monitoring necessary to facilitate the creation and maintenance of a supportive and responsive environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$97,264$150,242▲ $52,978
Savings and Temporary Cash Investments$4,333$50,533▲ $46,200
Investments in Publicly Traded Securities$2,222$4,169▲ $1,947
Land, Buildings, and Equipment, Net$4,224$3,649▼ $575
Loans From Officers Directors$0--
Intangible Assets$-13,428--
Total Assets$98,859$212,837▲ $113,978
Other Assets Total$4,244$4,244→ $0
Liabilities
Other Liabilities$873$2,292▲ $1,419
Accounts Payable and Accrued Expenses$0--
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$873$2,292▲ $1,419
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$95,796$206,376▲ $110,580
Net Assets With Donor Restrictions$2,190$4,169▲ $1,979
Total Net Assets Fund Balance$97,986$210,545▲ $112,559
Total Liabilities and Net Assets / Fund Balance$98,859$212,837▲ $113,978

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$3,649$72,018$0
Leasehold Improvements$0$0$0

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$2,222$2,000▼ $53$0$4,169
2020$2,266$0▲ $64$0$2,222
2019$2,190$0▲ $76$0$2,266
2018$2,190$0▲ $25$25$2,190
2017$8,066$0▲ $21$5,873$2,190
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Leroy Nesbitt JrExecutive DirectorFT$60,000$60,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$407,006
Program Service Revenue
$38,232
Investment Income
$82
Other Revenue
$2,777
All Other Contributions
$403,951
Change in Net Assets
$100,873
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$271,400
Salaries, Compensation, and Employee Benefits$65,646
Total Fundraising Expense$29,036
Grants and Similar Amounts Paid$10,178
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$40,000$14,000$6,000$60,000
Occupancy$33,858$12,051$11,478$57,387
Fees for Services Accounting$2,130$38,342$2,130$42,602
Fees for Services Other$23,306$4,481$2,092$29,879
Information Technology$12,467$4,437$4,227$21,131
All Other Expenses$10,115$1,945$908$12,968
Grants to Domestic Individuals$10,178--$10,178
Insurance$3,761$1,594$1,020$6,375
Office Expenses$3,396$1,208$1,152$5,756
Payroll Taxes-$5,646-$5,646
Advertising$4,021--$4,021
Other Expenses$2,526$130-$2,656
Depreciation Depletion$448$98$29$575
Total Functional Expenses$231,813$86,375$29,036$347,224
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,566
Fundraising Direct Expenses$1,789
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
Loans from Officers, Directors, Trustees, and Key Employees$0--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
District of Columbia Paid Income Tax/Family Leave$305
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Black Student Fund works with 54 member schools to facilitate the educational experiences of its scholars.

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

The Executive Director is the only person who reviews the submission.

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

Potential conflicts of interest are monitored by both the Executive Director and the Board Chair. Potential conflicts of interests are addressed at board meetings which are held regularly through the year.

Form 990, Part VI, Section B, Line 15

When current Executive Director Leroy Nesbitt was hired in 2013, the Black Student Fund Board of Directors determined his level of compensation. There have not been any employee hires since.

Form 990, Part VI, Section C, Line 19

Black Student Fund financial reports and policies are available at its front desk, at its website and upon request

Filing and Contact Details

Filer

Filer Name
Black Student Fund
EIN
52-6053597
Phone
2023871414
Address
3636 16th Street NW, Washington, DC 20010
Doing Business As
The Black Student Fund

Signing Officer

Name
Leroy Nesbitt Jr
Title
Executive Director
Phone
2023871414
Signed
2022-08-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leroy Nesbitt Jr
Formed
1964
Legal Domicile
Dc
Voting Board Members
11
Independent Board Members
11
Employees
1
Volunteers
25

Preparer

Firm
Greg Billings Management Consulting
Address
855 21st Street NE Apt 9, Washington, DC 20002
Preparer
Gregory Billings
Phone
2024407714
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Black Student Fund utilizes 1099 Contractors to help run programs and manage its operations

Form 990, Part XI, Line 9

Black Student Fund went through a period where it drew down on its Restricted Assets in order to fund ongoing programs and operations. It's accountant didn't reduce the market devaluation's account as it was consuming the restricted assets thus carrying a contra asset that understated the value of BSF's assets. The -13,428 in market devaluation was removed. Additionally, its restricted asset incurred unrealized losses of $53 in market value over the past fiscal year. Furthermore, Black Student Fund has been in a better financial position and has began the process of refunding its Restricted Asset account.

Financial Statement Notes

Schedule D, Part V, Line 4

The Restricted Fund has existed as long as this management team has been in place (May 2013). We're unsure of the donor restrictions.

Schedule D, Part X, Line 2

This is simply a timing issue. It's a liability associated with our workforce that was paid in July 2022

Raw XML AppendixShowing 400 of 587 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The Black Student Fund (BSF) provides essential advocacy, academic and retention support to academically motivated African American and other underserved students to facilitate their access, admission and successful matriculation and graduation from member schools. BSF partners with member schools to provide financial assistance, as well as instruction, evaluations, feedback and monitoring necessary to facilitate the creation and maintenance of a supportive and responsive environment.
IRS990/AdvertisingGrp/ProgramServicesAmt04021
IRS990/AdvertisingGrp/TotalAmt04021
IRS990/AllOtherContributionsAmt0403951
IRS990/AllOtherExpensesGrp/FundraisingAmt0908
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01945
IRS990/AllOtherExpensesGrp/ProgramServicesAmt010115
IRS990/AllOtherExpensesGrp/TotalAmt012968
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/ProgramServicesAmt00
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Leroy Nesbitt Jr
IRS990/BooksInCareOfDetail/PhoneNum02023871414
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03636 16th Street NW
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0A419
IRS990/BooksInCareOfDetail/USAddress/CityNm0Washington
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020010
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt097264
IRS990/CashNonInterestBearingGrp/EOYAmt0150242
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt06000
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt014000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt040000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt060000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt03055
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0407006
IRS990/CYGrantsAndSimilarPaidAmt010178
IRS990/CYInvestmentIncomeAmt082
IRS990/CYOtherExpensesAmt0271400
IRS990/CYOtherRevenueAmt02777
IRS990/CYProgramServiceRevenueAmt038232
IRS990/CYRevenuesLessExpensesAmt0100873
IRS990/CYSalariesCompEmpBnftPaidAmt065646
IRS990/CYTotalExpensesAmt0347224
IRS990/CYTotalFundraisingExpenseAmt029036
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0448097
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt029
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt098
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0448
IRS990/DepreciationDepletionGrp/TotalAmt0575
IRS990/Desc0For more than fifty years, BSF has provided financial support for families at BSF Member Schools. BSF provides small tuition scholarships, funding for participation in summer and school year academic enrichment, youth development program/activities and BSF provides emergency and essential services financial support to BSF families
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0The Black Student Fund
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02190
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt04169
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/ExpenseAmt059604
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/FundraisingAmt02130
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt038342
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02130
IRS990/FeesForServicesAccountingGrp/TotalAmt042602
IRS990/FeesForServicesOtherGrp/FundraisingAmt02092
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt04481
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt023306
IRS990/FeesForServicesOtherGrp/TotalAmt029879
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt00
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt064.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0Leroy Nesbitt Jr
IRS990/Form990PartVIISectionAGrp/PersonNm1Joel Kanter
IRS990/Form990PartVIISectionAGrp/PersonNm2Richard Snowdon
IRS990/Form990PartVIISectionAGrp/PersonNm3Jeanie Carr
IRS990/Form990PartVIISectionAGrp/PersonNm4Hon John Chapman
IRS990/Form990PartVIISectionAGrp/PersonNm5Dwight Franklin Jr
IRS990/Form990PartVIISectionAGrp/PersonNm6Olutosin Aje-Adegbite
IRS990/Form990PartVIISectionAGrp/PersonNm7Sean A Floyd
IRS990/Form990PartVIISectionAGrp/PersonNm8Adewale Omoniyi
IRS990/Form990PartVIISectionAGrp/PersonNm9Mark D Schneider
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt060000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt03055
IRS990/FundraisingDirectExpensesAmt01789
IRS990/FundraisingGrossIncomeAmt04566
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt07675
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt010178
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt010178
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0449886
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt04227
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04437
IRS990/InformationTechnologyGrp/ProgramServicesAmt012467
IRS990/InformationTechnologyGrp/TotalAmt021131
IRS990/InsuranceGrp/FundraisingAmt01020
IRS990/InsuranceGrp/ManagementAndGeneralAmt01594
IRS990/InsuranceGrp/ProgramServicesAmt03761
IRS990/InsuranceGrp/TotalAmt06375
IRS990/IntangibleAssetsGrp/BOYAmt0-13428
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt082
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt082
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02222
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04169
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt072018
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04224
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03649
IRS990/LandBldgEquipCostOrOtherBssAmt075667
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BSF is an educational equity organization advancing educational choice by affording underserved families access to independent schools and supporting their success. BSF has served tens of thousands of children; served more than seventy five BSF member schools K-12; and inspired replications across the Mid-Atlantic region. BSF is also a community resource collaborating with organizations advancing education.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt097986
IRS990/NetAssetsOrFundBalancesEOYAmt0210545
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt02777
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt02777
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt095796
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0206376
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt011478
IRS990/OccupancyGrp/ManagementAndGeneralAmt012051
IRS990/OccupancyGrp/ProgramServicesAmt033858
IRS990/OccupancyGrp/TotalAmt057387
IRS990/OfficeExpensesGrp/FundraisingAmt01152
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01208
IRS990/OfficeExpensesGrp/ProgramServicesAmt03396
IRS990/OfficeExpensesGrp/TotalAmt05756
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04244
IRS990/OtherAssetsTotalGrp/EOYAmt04244
IRS990/OtherChangesInNetAssetsAmt011686
IRS990/OtherExpensesGrp/Desc02021 School Fair
IRS990/OtherExpensesGrp/Desc1MANC: Math and Coding Program
IRS990/OtherExpensesGrp/Desc2Cultural/Educational Experiences/Tutoring
IRS990/OtherExpensesGrp/Desc32022 Prince Georges County School Fair
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0691
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1792
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2960
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3130
IRS990/OtherExpensesGrp/ProgramServicesAmt013134
IRS990/OtherExpensesGrp/ProgramServicesAmt152059
IRS990/OtherExpensesGrp/ProgramServicesAmt220414
IRS990/OtherExpensesGrp/ProgramServicesAmt32526
IRS990/OtherExpensesGrp/TotalAmt013825
IRS990/OtherExpensesGrp/TotalAmt152851
IRS990/OtherExpensesGrp/TotalAmt221374
IRS990/OtherExpensesGrp/TotalAmt32656
IRS990/OtherLiabilitiesGrp/BOYAmt0873
IRS990/OtherLiabilitiesGrp/EOYAmt02292
IRS990/OtherRevenueTotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05646
IRS990/PayrollTaxesGrp/TotalAmt05646
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Leroy Nesbitt Jr
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1624110
IRS990/ProgramServiceRevenueGrp/Desc02020 School Fair
IRS990/ProgramServiceRevenueGrp/Desc1Paeo Prince Georges County School Fair
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt037232
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt037232
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11000
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0The BSF/LSF Annual School Fair is a forum for Washington metropolitan area families to learn about independent school education and to engage students, teachers and administrators from more than 70 local and national independent schools and educational programs. This event also includes: workshops, chat rooms, recorded content and a digital resources library. The event served more than 1200 families and included more than 50 schools and educational organizations
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt049260
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt037180
IRS990/ProgSrvcAccomActy3Grp/Desc0BSF Science, Technology, Engineering & Math (STEM) is a focused academic enrichment effort of BSF. BSF STEM is a series of connected programs and activities providing students with introductory and advanced STEM learning. With an anchor in math and coding, BSF Scholars and Affiliates participate in yearlong out of school learning; tech skill development and STEM awareness events
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0101575
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0500
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Engaged scholars with tutoring and exposure to cultural events
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt021374
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0389228
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt06340
IRS990/PYInvestmentIncomeAmt015
IRS990/PYOtherExpensesAmt0252049
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt033747
IRS990/PYRevenuesLessExpensesAmt0100628
IRS990/PYSalariesCompEmpBnftPaidAmt063973
IRS990/PYTotalExpensesAmt0322362
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0422990
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0100873
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04333
IRS990/SavingsAndTempCashInvstGrp/EOYAmt050533
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Income received from our fiscally sponsored organization that provided college prep services
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0407006
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0389228
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0180156
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0166197
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0225041
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01367628
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt082
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt082
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt013
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0201
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01500125
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0655
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01012
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01810
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03477
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99732
IRS990ScheduleA/PublicSupportPY170Pct00.99481
IRS990ScheduleA/PublicSupportTotal170Amt01367628
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0407006
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0389228
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0180156
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0166197
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0225041
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01367628
IRS990ScheduleA/TotalSupportAmt01371306
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$3.07$3.15$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.01$0.45$2.16$3.99$1.83
2022Detailed filing. Detailed filing data is available for this year.$2.13$0.02$2.11$4.48$3.47$1.01
2021Detailed filing. Detailed filing data is available for this year.$0.99$0.01$0.98$4.23$3.22$1.01
2020Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$1.96$2.03$0.07
2019Summary only. Only limited summary data is available for this year.$0.22$0.04$0.18$1.84$1.98$0.13
2018Summary only. Only limited summary data is available for this year.$0.55$0.09$0.46$2.61$2.12$0.49
2017Summary only. Only limited summary data is available for this year.$0.33$0.36$0.03$2.49$2.44$0.05
2016Summary only. Only limited summary data is available for this year.$0.31$0.39$0.07$3.08$3.15$0.07
2015Summary only. Only limited summary data is available for this year.$0.28$0.22$0.06$3.79$4.08$0.29
2014Summary only. Only limited summary data is available for this year.$0.50$0.29$0.21$3.36$3.87$0.51
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.38$0.52$5.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.19$1.81$6.03
2011Summary only. Only limited summary data is available for this year.$4.18$0.24$3.95$4.35$6.26$1.91
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.16$0.40$5.76$6.59
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits