Civic Intelligence

Black Student Fund

990 • Fiscal year 2025 • EIN 52-6053597

Jul 01, 2024 to Jun 30, 2025

Organization Profilewww.blackstudentfund.org

View Organization Page

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

94th percentile

0.74x

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

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

86th percentile

0.13x

Higher debt load relative to revenue than 86% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

30th percentile

-6.1%

Higher net margin than 30% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

95th percentile

$61,000

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 21.4% of source-year revenue.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

36th percentile

-5.3%

Faster asset growth than 36% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

36th percentile

-7.3%

Faster revenue growth than 36% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$48,328

Down $2,690 (-5.3%) from 2024

Net Assets

Down

$12,448

Down $38,405 (-76%) from 2024

Liabilities

Up

$35,880

Up $35,715 (+21645%) from 2024

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin30th percentile

Revenue

Down

$284,622

Down $22,469 (-7.3%) from 2024

Expenses

Down

$301,911

Down $12,691 (-4.0%) from 2024

Net Income

Down

-$17,289

Down $9,778 (-130%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

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: $50,8532024Assets 2025: $48,328Liabilities 2025: $35,880Net Assets 2025: $12,4482025

Highlighted filing

2025

Assets$48,328
Liabilities$35,880
Net Assets$12,448
Open 2025 Filing

Operations Trend

Revenue Growth36th percentile

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: -$7,5112024Revenue 2025: $284,622Expenses 2025: $301,911Net Income 2025: -$17,2892025

Highlighted filing

2025

Revenue$284,622
Expenses$301,911
Net Income-$17,289
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jun 30, 2025
Return Version
2024v5.0
Gross Receipts
$284,622
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
Savings and Temporary Cash Investments$18,658$20,592▲ $1,934
Investments in Publicly Traded Securities$15,929$20,024▲ $4,095
Cash and Non-Interest-Bearing Accounts$7,362$1,563▼ $5,799
Land, Buildings, and Equipment, Net$2,053$1,542▼ $511
Accounts Receivable-$363-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$51,018$48,328▼ $2,690
Other Assets Total$7,016$4,244▼ $2,772
Liabilities
Accounts Payable and Accrued Expenses-$22,213-
Other Liabilities$165$13,667▲ $13,502
Total Liabilities$165$35,880▲ $35,715
Net Assets / Fund Balance
Net Assets With Donor Restrictions$14,922$16,010▲ $1,088
Net Assets Without Donor Restrictions$35,931$-3,562▼ $39,493
Total Net Assets Fund Balance$50,853$12,448▼ $38,405
Total Liabilities and Net Assets / Fund Balance$51,018$48,328▼ $2,690

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$1,542$74,125$0
Leasehold Improvements$0$0$0
Other Assets Org$4,244--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$15,087$0▲ $1,022$0$16,109
2023$14,309$0▲ $778$0$15,087
2022$4,169$10,000▲ $140$0$14,309
2021$2,222$2,000▼ $53$0$4,169
2020$2,266$0▲ $64$0$2,222
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Leroy Nesbitt JrExecutive DirectorFT$61,000$61,000

Board Members and Trustees

NameTitle
Joel KanterBoard Chair
Adewale OmoniyiTrustee
Breon N WellsTrustee
Mark D SchneiderTrustee
Olutosin Aje-AdegbiteTrustee
Sean A FloydTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$225,373
Program Service Revenue
$58,661
Investment Income
$588
Other Revenue
$0
All Other Contributions
$225,118
Change in Net Assets
$-17,289
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$163,154
Other Expenses$121,577
Grants and Similar Amounts Paid$17,180
Total Fundraising Expense$12,234
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$56,199$34,291$4,572$95,062
Current Officers, Directors, Trustees, and Key Employees$30,300$27,748$2,952$61,000
Occupancy$18,161$29,764$2,522$50,447
Information Technology$10,793$6,585$915$18,293
Grants to Domestic Individuals$17,180--$17,180
All Other Expenses$4,563$6,274$570$11,407
Other Expenses$4,432$2,800$0$7,232
Payroll Taxes$2,837$4,255-$7,092
Office Expenses$3,869$2,295$394$6,558
Insurance$2,219$3,637$309$6,165
Advertising$846--$846
Travel$300--$300
Total Functional Expenses$172,028$117,649$12,234$301,911
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
Mistaken Return of Payment Owed$13,667
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
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 B, Line 11B

“The Executive Director emailed a copy of the 990 to all board members.”

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

“BSF require Board members to submit a statement periodically regarding conflict of interest”

Form 990, Part VI, Section B, Line 15

“In 2013 BSF hired its current Executive Director Mr. Leroy Nesbitt Jr. It surveyed the market to establish his compensation and has never increased it. At the time, Mr. Nesbitt was relatively underpaid compared to other Executive Directors of comparable size”

Form 990, Part VI, Section C, Line 19

“Our 990 is publicly available at our office as well as online at Guidestar”

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
2025-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leroy Nesbitt Jr
Formed
1964
Legal Domicile
Dc
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
14

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 XI, Line 9

“The organization has had difficulty covering its occupancy costs due to a decline in income”

Financial Statement Notes

Schedule D, Part V, Line 4

“Generate funds to sustain our operations”

Raw XML AppendixShowing 400 of 568 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/EOYAmt022213
IRS990/AccountsReceivableGrp/EOYAmt0363
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/ProgramServicesAmt0846
IRS990/AdvertisingGrp/TotalAmt0846
IRS990/AllOtherContributionsAmt0225118
IRS990/AllOtherExpensesGrp/FundraisingAmt0570
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt06274
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04563
IRS990/AllOtherExpensesGrp/TotalAmt011407
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd00
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/BOYAmt07362
IRS990/CashNonInterestBearingGrp/EOYAmt01563
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt02952
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt027748
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt030300
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt061000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0225373
IRS990/CYGrantsAndSimilarPaidAmt017180
IRS990/CYInvestmentIncomeAmt0588
IRS990/CYOtherExpensesAmt0121577
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt058661
IRS990/CYRevenuesLessExpensesAmt0-17289
IRS990/CYSalariesCompEmpBnftPaidAmt0163154
IRS990/CYTotalExpensesAmt0301911
IRS990/CYTotalFundraisingExpenseAmt012234
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0284622
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
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/BOYAmt014922
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt016010
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt046448
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt0255
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt00
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt064
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.5
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Leroy Nesbitt Jr
IRS990/Form990PartVIISectionAGrp/PersonNm1Joel Kanter
IRS990/Form990PartVIISectionAGrp/PersonNm2Mark D Schneider
IRS990/Form990PartVIISectionAGrp/PersonNm3Olutosin Aje-Adegbite
IRS990/Form990PartVIISectionAGrp/PersonNm4Adewale Omoniyi
IRS990/Form990PartVIISectionAGrp/PersonNm5Breon N Wells
IRS990/Form990PartVIISectionAGrp/PersonNm6Sean A Floyd
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt061000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt017960
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt017180
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt017180
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0284622
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0915
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt06585
IRS990/InformationTechnologyGrp/ProgramServicesAmt010793
IRS990/InformationTechnologyGrp/TotalAmt018293
IRS990/InsuranceGrp/FundraisingAmt0309
IRS990/InsuranceGrp/ManagementAndGeneralAmt03637
IRS990/InsuranceGrp/ProgramServicesAmt02219
IRS990/InsuranceGrp/TotalAmt06165
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0588
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0588
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt015929
IRS990/InvestmentsPubTradedSecGrp/EOYAmt020024
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt074125
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02053
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01542
IRS990/LandBldgEquipCostOrOtherBssAmt075667
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
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/NetAssetsOrFundBalancesBOYAmt050853
IRS990/NetAssetsOrFundBalancesEOYAmt012448
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt035931
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-3562
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt02522
IRS990/OccupancyGrp/ManagementAndGeneralAmt029764
IRS990/OccupancyGrp/ProgramServicesAmt018161
IRS990/OccupancyGrp/TotalAmt050447
IRS990/OfficeExpensesGrp/FundraisingAmt0394
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02295
IRS990/OfficeExpensesGrp/ProgramServicesAmt03869
IRS990/OfficeExpensesGrp/TotalAmt06558
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07016
IRS990/OtherAssetsTotalGrp/EOYAmt04244
IRS990/OtherChangesInNetAssetsAmt0-21116
IRS990/OtherExpensesGrp/Desc0Sustainability Conference
IRS990/OtherExpensesGrp/Desc12024 BSF/LSF School Fair
IRS990/OtherExpensesGrp/Desc22025 Maryland School Choice Fair
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22800
IRS990/OtherExpensesGrp/ProgramServicesAmt013667
IRS990/OtherExpensesGrp/ProgramServicesAmt16662
IRS990/OtherExpensesGrp/ProgramServicesAmt24432
IRS990/OtherExpensesGrp/TotalAmt013667
IRS990/OtherExpensesGrp/TotalAmt16662
IRS990/OtherExpensesGrp/TotalAmt27232
IRS990/OtherLiabilitiesGrp/BOYAmt0165
IRS990/OtherLiabilitiesGrp/EOYAmt013667
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04572
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt034291
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt056199
IRS990/OtherSalariesAndWagesGrp/TotalAmt095062
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04255
IRS990/PayrollTaxesGrp/ProgramServicesAmt02837
IRS990/PayrollTaxesGrp/TotalAmt07092
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Leroy Nesbitt Jr
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611000
IRS990/ProgramServiceRevenueGrp/BusinessCd1611000
IRS990/ProgramServiceRevenueGrp/Desc0BSF/LSF School Fair
IRS990/ProgramServiceRevenueGrp/Desc1Maryland School Fairs
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt043416
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt115245
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt043416
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt115245
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/ExpenseAmt067091
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
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/ExpenseAmt041287
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Provided cultural experiences including Juneteenth, Long Way Down, and the Higher Ground
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt017202
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0247395
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt08689
IRS990/PYInvestmentIncomeAmt0738
IRS990/PYOtherExpensesAmt0137233
IRS990/PYOtherRevenueAmt0-5510
IRS990/PYProgramServiceRevenueAmt064468
IRS990/PYRevenuesLessExpensesAmt0-7511
IRS990/PYSalariesCompEmpBnftPaidAmt0168680
IRS990/PYTotalExpensesAmt0314602
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0307091
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-17289
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt018658
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020592
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0225373
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0247395
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0195040
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0407006
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0389228
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01464042
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0588
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0738
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0323
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt082
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt015
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01746
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0230187
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.71466
IRS990ScheduleA/PublicSupportPY170Pct00.86529
IRS990ScheduleA/PublicSupportTotal170Amt01047542
IRS990ScheduleA/SubstantialContributorsTotAmt0416500
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0225373
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0247395
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0195040
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0407006
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0389228
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01464042
IRS990ScheduleA/TotalSupportAmt01465788
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt015087
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt00
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt016109
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt00
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01022
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt014309
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt015087
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0778

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$48,328
Liabilities
$35,880
Net assets
$12,448
Revenue
$284,622
Expenses
$301,911
Net income
-$17,289
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.48$0.36$0.12$2.85$3.02$0.17
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
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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