Civic Intelligence

Bcfs

EIN 74-2874382 • 501(c)3 • San Antonio, TX

Profile

Bcfs provides administrative support for its related charitable entities so they may focus on fulfilling their unique missions to serve those in need throughout the world.

Refreshing map…

1506 Bexar CrossingSan Antonio, TX 78232

www.bcfs.net

Siviq Scores

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

Liabilities / Assets

7th percentile

0.01x

Higher debt load relative to assets than 7% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2023

Liabilities / Revenue

16th percentile

0.13x

Higher debt load relative to revenue than 16% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2023

Net Margin

28th percentile

-1.5%

Higher net margin than 28% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2023

Top Officer Pay

90th percentile

$774,721

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

$250M-$1B nonprofits • Source year 2019

Asset Growth

62nd percentile

8.2%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-72%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2022 to 2023

Assets

Up

$788,710,292

Up $60,060,230 (+8.2%) from 2022

Liabilities

Up

$8,071,675

Up $3,886,811 (+93%) from 2022

Net Assets

Up

$780,638,617

Up $56,173,419 (+7.8%) from 2022

Revenue

Down

$62,210,565

Down $162,759,010 (-72%) from 2022

Expenses

Down

$63,140,535

Down $6,926,144 (-9.9%) from 2022

Net Income

Down

-$929,970

Down $155,832,866 (-101%) from 2022

Trend Graphs

Balance Sheet Trend

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

$1.0B$500M$0Assets 2010: $13,990,439Liabilities 2010: $4,481,172Net Assets 2010: $9,509,2672010Assets 2011: $13,283,639Liabilities 2011: $2,835,343Net Assets 2011: $10,448,2962011Assets 2012: $31,310,383Liabilities 2012: $3,000,265Net Assets 2012: $28,310,1182012Assets 2013: $37,613,638Liabilities 2013: $5,929,385Net Assets 2013: $31,684,2532013Assets 2014: $53,506,712Liabilities 2014: $9,371,647Net Assets 2014: $44,135,0652014Assets 2015: $61,473,138Liabilities 2015: $15,645,347Net Assets 2015: $45,827,7912015Assets 2016: $61,801,356Liabilities 2016: $17,116,284Net Assets 2016: $44,685,0722016Assets 2017: $72,154,962Liabilities 2017: $5,775,162Net Assets 2017: $66,379,8002017Assets 2018: $84,082,925Liabilities 2018: $4,597,614Net Assets 2018: $79,485,3112018Assets 2019: $107,775,413Liabilities 2019: $6,665,830Net Assets 2019: $101,109,5832019Assets 2020: $257,180,185Liabilities 2020: $90,795,235Net Assets 2020: $166,384,9502020Assets 2021: $811,415,321Liabilities 2021: $207,917,350Net Assets 2021: $603,497,9712021Assets 2022: $728,650,062Liabilities 2022: $4,184,864Net Assets 2022: $724,465,1982022Assets 2023: $788,710,292Liabilities 2023: $8,071,675Net Assets 2023: $780,638,6172023

Highlighted filing

2023

Assets$788,710,292
Liabilities$8,071,675
Net Assets$780,638,617

Operations Trend

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

$600M$400M$200M$0-$200MExpenses 2010: $1,977,2862010Expenses 2011: $4,428,9392011Expenses 2012: $6,588,7012012Expenses 2013: $9,122,9152013Revenue 2014: $26,512,386Expenses 2014: $14,750,602Net Income 2014: $11,761,7842014Revenue 2015: $14,964,108Expenses 2015: $13,340,723Net Income 2015: $1,623,3852015Revenue 2016: $18,176,980Expenses 2016: $18,879,151Net Income 2016: -$702,1712016Revenue 2017: $39,883,370Expenses 2017: $17,951,576Net Income 2017: $21,931,7942017Revenue 2018: $30,341,912Expenses 2018: $17,679,260Net Income 2018: $12,662,6522018Revenue 2019: $52,443,102Expenses 2019: $30,598,992Net Income 2019: $21,844,1102019Revenue 2020: $88,385,651Expenses 2020: $23,568,832Net Income 2020: $64,816,8192020Revenue 2021: $483,114,831Expenses 2021: $46,790,978Net Income 2021: $436,323,8532021Revenue 2022: $224,969,575Expenses 2022: $70,066,679Net Income 2022: $154,902,8962022Revenue 2023: $62,210,565Expenses 2023: $63,140,535Net Income 2023: -$929,9702023

Highlighted filing

2023

Revenue$62,210,565
Expenses$63,140,535
Net Income-$929,970

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$789$8.07$781$62.2$63.1$0.93
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$729$4.18$724$225$70.1$155
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$811$208$603$483$46.8$436
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$257$90.8$166$88.4$23.6$64.8
2019Detailed filing. Detailed filing data is available for this year.$108$6.67$101$52.4$30.6$21.8
2018Detailed filing. Detailed filing data is available for this year.$84.1$4.60$79.5$30.3$17.7$12.7
2017Summary only. Only limited summary data is available for this year.$72.2$5.78$66.4$39.9$18.0$21.9
2016Detailed filing. Detailed filing data is available for this year.$61.8$17.1$44.7$18.2$18.9$0.70
2015Detailed filing. Detailed filing data is available for this year.$61.5$15.6$45.8$15.0$13.3$1.62
2014Detailed filing. Detailed filing data is available for this year.$53.5$9.37$44.1$26.5$14.8$11.8
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.6$5.93$31.7$9.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.3$3.00$28.3$6.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.3$2.84$10.4$4.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$4.48$9.51$1.98
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jul 15, 2023
Return Version
2021v4.2
Gross Receipts
$224,975,819
Mission and Program Overview

Mission

Bcfs provides administrative support for its related charitable entities so they may focus on fulfilling their unique missions to serve those in need throughout the world.

Firstday foundation provides support to the firstday foundation affiliated organizations in their efforts to care for children, adults, and families in need around the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$711,428,598$355,928,555▼ $355,500,043
Investments Other Securities$0$320,821,424▲ $320,821,424
Land, Buildings, and Equipment, Net$42,580,689$42,113,873▼ $466,816
Prepaid Expenses and Deferred Charges$1,716,784$2,125,176▲ $408,392
Cash and Non-Interest-Bearing Accounts$1,135,053$1,477,593▲ $342,540
Investments in Publicly Traded Securities$54,521,254$70,081▼ $54,451,173
Accounts Receivable$15,812$41,759▲ $25,947
Other Notes and Loans Receivable, Net$17,131$13,492▼ $3,639
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$811,415,321$728,650,062▼ $82,765,259
Other Assets Total$0$6,058,109▲ $6,058,109
Liabilities
Other Liabilities$205,190,144$0▼ $205,190,144
Accounts Payable and Accrued Expenses$2,727,206$4,184,864▲ $1,457,658
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$207,917,350$4,184,864▼ $203,732,486
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$599,247,702$720,495,895▲ $121,248,193
Net Assets With Donor Restrictions$4,250,269$3,969,303▼ $280,966
Total Net Assets Fund Balance$603,497,971$724,465,198▲ $120,967,227
Total Liabilities and Net Assets / Fund Balance$811,415,321$728,650,062▼ $82,765,259

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$21,106,492$17,437,637$38,544,129
Equipment$10,916,080$14,377,524$25,293,604
Land$8,566,679-$8,566,679
Other Land Buildings$1,512,543$1,417,364$2,929,907
Leasehold Improvements$12,079$987,324$999,403
Other Securities$316,795,945--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$4,370,231-▼ $155,568$176,643$4,038,020
2020$3,577,767-▲ $893,961$101,497$4,370,231
2019$3,116,417-▲ $561,281$99,931$3,577,767
2018$3,336,371-▼ $111,905$108,049$3,116,417
2017$3,223,371-▲ $234,629$121,629$3,336,371
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin DinninPresident and CEOFT$466,351$448,018$914,369
Claudia OliveiraEvp/CFOFT$279,245$148,209$427,454
Kari BassChief Operating OfficerFT$268,739$105,696$374,435
Asennet SeguraChief Operating OfficerFT$246,935$123,775$370,710
Michael EstradaDirector of Protective ServiceFT$286,084$27,472$313,556
Karen ThaxtonEvp of HrFT$222,607$88,871$311,478
David KrimmelVP/CTOFT$170,933$93,972$264,905
Beth WasserstrumLegal and ComplianceFT$172,624$53,025$225,649
Heather HudgensDeputy Logistic ChiefFT$188,485$25,692$214,177
George CowdenSecretary/legal Counsel-$95,764-$95,764

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Bdo USA LLPProfessional Svcs5300 PATTERSON AVE SE STE 100, Grand Rapids, MI 49512$4,607,134
John Reilly Dba Sage Builders LLCConstruction138 FIELD CREST DR, San Antonio, TX 78209$1,246,628
Alku Technologies LLCSoftware ConsultingPO BOX 844649, Boston, MA 02284-4649$301,708
Laura L Arriaga Dba B L Electric LlConstruction109 RESERVE CT, La Vernia, TX 78121$246,179
Revenue and Support

Revenue Composition

Contributions and Grants
$197,218,345
Program Service Revenue
$23,527,744
Investment Income
$2,278,593
Other Revenue
$1,944,893
All Other Contributions
$363,714
Change in Net Assets
$154,902,896

Audited Revenue Reconciliation

Revenue per Audited Statements
$224,969,575
Revenue Not Reported on Form 990
$-31,691,840
Total Revenue per Audited Statements
$193,277,735
Total Revenue per Form 990
$224,969,575
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$32,328,552
Other Expenses$23,622,608
Salaries, Compensation, and Employee Benefits$14,115,519
Total Fundraising Expense$1,601,318
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$32,254,137--$32,254,137
Other Salaries and Wages$9,632,923-$474,193$10,107,116
Fees for Services Other$9,358,624-$631,630$9,990,254
Depreciation Depletion$4,472,966--$4,472,966
Current Officers, Directors, Trustees, and Key Employees$2,082,347-$100,385$2,182,732
Information Technology$1,581,345-$75,426$1,656,771
Office Expenses$1,292,884-$58,000$1,350,884
Insurance$1,202,280-$1,172$1,203,452
Occupancy$952,935-$14,516$967,451
Other Employee Benefits$735,161-$41,507$776,668
Payroll Taxes$722,045-$41,696$763,741
Advertising$288,858-$15,440$304,298
Fees for Services Lobbying$300,000--$300,000
Pension Plan Contributions$276,200-$9,062$285,262
Travel$216,033-$14,067$230,100
Interest$215,960--$215,960
Fees for Services Legal$196,096--$196,096
Conferences and Meetings$94,288-$30,357$124,645
Grants to Domestic Individuals$74,415--$74,415
Fees for Services Accounting$72,414--$72,414
Other Expenses$136,754-$47,078$47,078
Total Functional Expenses$68,465,361$0$1,601,318$70,066,679

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$70,066,679
Total Expenses per Audited Statements$70,066,679
Total Expenses per Form 990$70,066,679
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bcfs Health and Human ServicesSan Antonio, TX501(c)(3)See Part Iv$25,346,384
Breckenridge VillageSan Antonio, TX501(c)(3)See Part Iv$4,329,711
CHILDREN'S EMERGENCY RELIEF INTERNATIONALSan Antonio, TX501(c)(3)See Part Iv$1,114,285
National Emergency Management and ResponseSan Antonio, TX501(c)(3)See Part Iv$437,569
Silver Cliff RanchSan Antonio, TX501(c)(3)See Part Iv$333,036
Innovative Network of KnowledgeSan Antonio, TX501(c)(3)See Part Iv$325,467
Compass ConnectionsSan Antonio, TX501(c)(3)See Part Iv$167,685
Grace House IncSan Antonio, TX501(c)(3)General Support$100,000
Heart Need ArtSan Antonio, TX501(c)(3)General Support$100,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 2

BUSINESS RELATIONSHIPS: PER THE IRS INSTRUCTIONS, CERTAIN BUSINESS RELATIONSHIPS BETWEEN THE ORGANIZATION'S CURRENT OFFICERS, DIRECTORS, TRUSTEES, OR KEY EMPLOYEES, AS REPORTED IN PART VII, SECTION A, MUST BE DISCLOSED. BECAUSE OF THE INTERRELATED NATURE OF THE FILING ORGANIZATION WITH ITS RELATED ENTITIES (AS DISCLOSED ON SCHEDULE R), ALL OF THE OFFICERS AND DIRECTORS WITH OVERLAPPING RESPONSIBILITiES HAVE BUSINESS RELATIONSHIPS WITH EACH OTHER.

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

Process to review Form 990: AN OUTSIDE ACCOUNTING FIRM PREPARES AND FILES THE ORGANIZATION'S FORM 990. THE ORGANIZATION'S EVP/CFO CONDUCTS A THOROUGH REVIEW OF THE FORM 990 AND ALL SCHEDULES PRIOR TO FILING. THE COMPLETED FORM 990 IS MADE AVAILABLE TO THE ENTIRE GOVERNING BOARD PRIOR TO FILING. THE FORM 990 IS PROVIDED TO THE BOARD MEMBERS VIA ITS INTERNAL INTRANET PRIOR TO FILING.

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

CONFLICT OF INTEREST POLICY: All members of the governing board and officers are covered with the conflict of interest and compliance policy and requirements. All members of the governing board and officers must complete a conflict-of-interest disclosure on an annual basis. If a conflict of interest should arise, the person associated with the conflict is excluded from discussion, debate and decision making on the matter. This shall include the person with the conflict being excluded from a meeting where any matter associated with the conflict is discussed.

Form 990, Part VI, Section B, Line 15A

Review of top management compensation: EACH YEAR THE Firstday foundation BOARD OF TRUSTEES EXECUTIVE COMMITTEE, WHICH IS MADE UP OF THE CHAIRMAN, VICE-CHAIRMAN, SECRETARY AND TREASURER, REQUESTS FROM THE EXECUTIVE VICE PRESIDENT OF HUMAN RESOURCES, A SCHEDULE OF SUPPORTING SALARY RANGES OF THE EXECUTIVE COMPENSATION FOR NONPROFIT AND OTHER ORGANIZATIONS OF SIMILAR SIZE AND COMPLEXITY. THE COMMITTEE SETS THE COMPENSATION AFTER REVIEW OF THE SUPPORTING DATA FROM THE EXECUTIVE VICE PRESIDENT OF HUMAN RESOURCES. THE REVIEW AND APPROVAL OF THE COMPENSATION IS DOCUMENTED IN THE MEETING MINUTES AND REPORTED TO THE BOARD OF TRUSTEES.

Form 990, Part VI, Section B, Line 15B

Review of officer compensation: EACH YEAR THE CEO WILL REVIEW THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES PRIOR TO THE FINALIZATION OF THE AGENCY BUDGET BASED ON THE EVALUATION OF SIMILAR POSITIONS FOR NONPROFIT AND OTHER ORGANIZATIONS OF SIMILAR SIZE AND COMPLEXITY.

Form 990, Part VI, Section C, Line 19

AVAILABLE TO THE PUBLIC: THE FORM 990, FINANCIAL STATEMENTS, AND OTHER DOCUMENTS WILL BE PROVIDED UPON REQUEST TO THE PUBLIC BY CONTACTING THE Firstday Foundation CORPORATE OFFICE.

Form 990, Part VII

George cowden compensation: GEORGE COWDEN, SECRETARY/LEGAL COUNSEL, RECEIVES COMPENSATION FOR LEGAL SERVICES PROVIDED TO THE ORGANIZATION. NO PART OF HIS COMPENSATION WAS PROVIDED FOR HIS SERVICES AS A BOARD MEMBER.

Filing and Contact Details

Filer

Filer Name
FirstDay Foundation
EIN
74-2874382
In Care Of
% CLAUDIA OLIVEIRA
Phone
2108325000
Address
1506 BEXAR CROSSING, SAN ANTONIO, TX 78232

Signing Officer

Name
Claudia Oliveira
Title
Evp/CFO
Phone
2108325000
Signed
2023-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Dinnin
Formed
1997
Legal Domicile
TX
Voting Board Members
19
Independent Board Members
18
Employees
130
Volunteers
19

Preparer

Firm
Forvis Llp
Address
8200 W Interstate 10 Suite 900, SAN ANTONIO, TX 78230-3806
Preparer
Jeanette Verrelli
Phone
2103419400
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Other changes in net assets: Net transfer to related party ($2,232,125)

Form 990 Part IX Line 11G

Description:contract labor total fees:1611305

Form 990 Part IX Line 11G

Description:professional fees total fees:8374891

Form 990 Part IX Line 11G

Description:medical and professional fees total fees:4058

Financial Statement Notes

Schedule D, Part V, Line 4

INTENDED USE OF ENDOWMENT FUNDS: INCOME EARNED ON ENDOWMENT FUNDS IS USED FOR GENERAL SUPPORT OF Firstday Foundation AND RELATED ENTITIES.

Schedule D, Part X, Line 2

Asc 740 footnote: management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

Schedule D, Part XI, Line 2D

Reconciliation of Revenue per audited financials to Tax return: Net Assets Released from Restriction $11,704

Raw XML AppendixShowing 400 of 1,380 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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AffiliatedGroupSchedule/AffiliatedScheduleGrp/BusinessName/BusinessNameLine1Txt3BCFS HEALTH AND HUMAN SERVIC
AffiliatedGroupSchedule/AffiliatedScheduleGrp/BusinessName/BusinessNameLine1Txt4CHILDREN'S EMERGENCY RELIEF
AffiliatedGroupSchedule/AffiliatedScheduleGrp/BusinessName/BusinessNameLine1Txt5National Emergency Managemen
AffiliatedGroupSchedule/AffiliatedScheduleGrp/BusinessName/BusinessNameLine1Txt6Innovative Network of Knowle
AffiliatedGroupSchedule/AffiliatedScheduleGrp/BusinessName/BusinessNameLine1Txt7SILVER CLIFF RANCH
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