Civic Intelligence

Basin Dream Center for Orphans

EIN 82-0927815 • 501(c)3 • Midland, TX

Profile

BDCO Exists to provide a safe and secure housing option for Midland's Foster and Homeless Youth to stabilize and to find hope and healing.

PO Box 52473Midland, TX 79710

basindreamcenterfororphans.org

Siviq Scores

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

Liabilities / Assets

71st percentile

0.26x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

77th percentile

0.38x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

91st percentile

57%

Higher net margin than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

91st percentile

58%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

90th percentile

78%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,956,648

Up $379,818 (+24%) from 2023

Liabilities

Up

$403,971

Up $810 (+0.2%) from 2023

Net Assets

Up

$1,552,677

Up $379,008 (+32%) from 2023

Revenue

Up

$1,148,316

Up $83,101 (+7.8%) from 2023

Expenses

Up

$769,308

Up $307,631 (+67%) from 2023

Net Income

Down

$379,008

Down $224,530 (-37%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2017: $40,392Liabilities 2017: $02017Assets 2018: $105,923Net Assets 2018: $105,9232018Assets 2019: $151,525Liabilities 2019: $2,017Net Assets 2019: $149,5082019Assets 2020: $446,966Liabilities 2020: $283,895Net Assets 2020: $163,0712020Assets 2021: $799,046Liabilities 2021: $452,150Net Assets 2021: $346,8962021Assets 2022: $1,001,071Liabilities 2022: $430,940Net Assets 2022: $570,1312022Assets 2023: $1,576,830Liabilities 2023: $403,161Net Assets 2023: $1,173,6692023Assets 2024: $1,956,648Liabilities 2024: $403,971Net Assets 2024: $1,552,6772024

Highlighted filing

2024

Assets$1,956,648
Liabilities$403,971
Net Assets$1,552,677

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2017: $69,231Expenses 2017: $28,840Net Income 2017: $40,3912017Revenue 2018: $125,707Expenses 2018: $60,176Net Income 2018: $65,5312018Revenue 2019: $149,508Expenses 2019: $116,273Net Income 2019: $33,2352019Revenue 2020: $213,255Expenses 2020: $192,501Net Income 2020: $20,7542020Revenue 2021: $384,914Expenses 2021: $244,498Net Income 2021: $140,4162021Revenue 2022: $596,776Expenses 2022: $373,539Net Income 2022: $223,2372022Revenue 2023: $1,065,215Expenses 2023: $461,677Net Income 2023: $603,5382023Revenue 2024: $1,148,316Expenses 2024: $769,308Net Income 2024: $379,0082024

Highlighted filing

2024

Revenue$1,148,316
Expenses$769,308
Net Income$379,008

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$1,148,316
Mission and Program Overview

Mission

BDCO exists to provide a safe and secure housing option for Midland's Foster and Homeless Youth to stabilize and to find hope and healing

BDCO Exists to provide a safe and secure housing option for Midland's Foster and Homeless Youth to stabilize and to find hope and healing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$672,498$988,620▲ $316,122
Land, Buildings, and Equipment, Net$795,572$779,315▼ $16,257
Pledges and Grants Receivable$95,058$169,854▲ $74,796
Other Notes and Loans Receivable, Net$6,501$14,541▲ $8,040
Savings and Temporary Cash Investments$7,201$4,318▼ $2,883
Accounts Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,576,830$1,956,648▲ $379,818
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$376,831$378,021▲ $1,190
Accounts Payable and Accrued Expenses$26,330$25,948▼ $382
Other Liabilities-$2-
Total Liabilities$403,161$403,971▲ $810
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,173,669$1,552,677▲ $379,008
Total Net Assets Fund Balance$1,173,669$1,552,677▲ $379,008
Total Liabilities and Net Assets / Fund Balance$1,576,830$1,956,648▲ $379,818

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$238,046$26,360$264,406
Other Land Buildings$46,048$898$46,946
Buildings$524,643--
Equipment$-29,422$29,422-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tina GillihanExecutive DirectorFT$84,458$84,458

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,127,095
Program Service Revenue
$0
Investment Income
$21,221
Other Revenue
$0
All Other Contributions
$1,127,095
Change in Net Assets
$379,008
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$433,899
Other Expenses$335,409
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$290,751-$290,751
Fees for Services Other-$102,680-$102,680
Current Officers, Directors, Trustees, and Key Employees-$84,458-$84,458
Occupancy$58,444--$58,444
Interest-$50,111-$50,111
Insurance$34,093--$34,093
Other Employee Benefits-$30,390-$30,390
Payroll Taxes-$28,300-$28,300
Depreciation Depletion-$18,202-$18,202
Office Expenses-$14,571-$14,571
Advertising-$13,082-$13,082
Fees for Services Accounting-$6,428-$6,428
Conferences and Meetings-$4,537-$4,537
Other Expenses$4,219$669-$669
Information Technology-$560-$560
Total Functional Expenses$124,569$644,739$0$769,308
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$2
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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

A copy is emailed to each board member for review

Form 990, Part VI, Section C, Line 19

All documents were provided upon request

Part VI Line 11B

A copy is emailed to each board member for review

Part VI Line 12C

Reviewed annually and possible issues are discussed

Part VI Line 15AB

Report from non profit management center - local study done on compensation within our nonprofit community

Part VI Line 19

All items requested were available for review

Filing and Contact Details

Filer

Filer Name
Basin Dream Center for Orphans
EIN
82-0927815
Phone
4329675561
Address
PO BOX 52473, MIDLAND, TX 79710

Signing Officer

Name
Tina Gillihan
Title
Executive Director
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tina Gillihan
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
0
Employees
3

Preparer

Firm
Paige Financial Services Inc
Address
8406 Meadowview Drive, Austin, TX 78737
Preparer
Jeffrey Berthelsen
Phone
8772293829
Supplemental Narrative

Additional Explanations

Part III Line 2

Increased available space for male youth

Part III Line 4A

Purchased home to foster more male youth

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY IS EMAILED TO EACH BOARD MEMBER FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All documents were provided upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INCREASED AVAILABLE SPACE FOR MALE YOUTH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PURCHASED HOME TO FOSTER MORE MALE YOUTH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COPY IS EMAILED TO EACH BOARD MEMBER FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REVIEWED ANNUALLY AND POSSIBLE ISSUES ARE DISCUSSED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6REPORT FROM NON PROFIT MANAGEMENT CENTER - LOCAL STUDY DONE ON COMPENSATION WITHIN OUR NONPROFIT COMMUNITY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL ITEMS REQUESTED WERE AVAILABLE FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART III LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART III LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VI LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART VI LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART VI LINE 15AB
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART VI LINE 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true

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