Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
EIN 88-1829727 • 501(c)3 • Collinsville, CT
Profile
There is a general lack of understanding as to how the credit system works and what can be done. To maintain proper credit. Bedrock credit america (bca) plans to correct this problem through community outreach and education. Bca will serve the underprivileged within the communities by offering free credit education and practical application by creating customized education and action plans for individuals. This will allow specific issues to be addressed in an easy-to-understand manner and create hope for those who are currently struggling with their credit. The organization, through partnerships with community businesses, banks, mortgage lenders, realtors, as well as community institutions, churches, schools and other non-profits, we will offer free credit education seminars that will be open to the public.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Liabilities / Revenue
80th percentile
Higher debt load relative to revenue than 80% of similar nonprofits.
Net Margin
34th percentile
Higher net margin than 34% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
19th percentile
Faster asset growth than 19% of similar nonprofits.
Revenue Growth
35th percentile
Faster revenue growth than 35% of similar nonprofits.
Assets
Down$1,431
Down $1,517 (-51%) from 2023
Liabilities
Up$11,124
Up $4,228 (+61%) from 2023
Net Assets
Down-$9,693
Down $5,745 (-146%) from 2023
Revenue
Down$165,150
Down $37,588 (-19%) from 2023
Expenses
Down$176,652
Down $33,002 (-16%) from 2023
Net Income
Down-$11,502
Down $4,586 (-66%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.01 | $0.11 | $0.10 | $1.65 | $1.77 | $0.12 |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.03 | $0.07 | $0.04 | $2.03 | $2.10 | $0.07 |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.03 | $0.00 | $0.03 | $0.94 | $0.91 | $0.03 |
There is a general lack of understanding as to how the credit system works and what can be done. To maintain proper credit. Bedrock credit america (bca) plans to correct this problem through community outreach and education. Bca will serve the underprivileged within the communities by offering free credit education and practical application by creating customized education and action plans for individuals. This will allow specific issues to be addressed in an easy-to-understand manner and create hope for those who are currently struggling with their credit. The organization, through partnerships with community businesses, banks, mortgage lenders, realtors, as well as community institutions, churches, schools and other non-profits, we will offer free credit education seminars that will be open to the public.
There is a general lack of understanding as to how the credit system works and what can be done to maintain proper credit. Bedrock credit america (bca) plans to correct this problem through community outreach and education. The organization has been established to fulfill several charitable purposes within the meaning of section 501(c) (3) of the internal revenue code (the code), including: (1) providing relief for the poor, distressed and the underprivileged; (2)supporting underacknowledged individuals on matters both useful to the individuals and beneficial to the community; (3) combating community deterioration; and (4) eliminating prejudice and discrimination within the community. Bca will serve the underprivileged within the communities by offering free credit education and practical application by creating customized education and action plans for individuals. This will allow specific issues to be addressed in an easy-to-understand manner and create hope for those who are current
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $2,948 | $1,431 | ▼ $1,517 |
| Total Assets | $2,948 | $1,431 | ▼ $1,517 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $6,896 | $11,124 | ▲ $4,228 |
| Total Liabilities | $6,896 | $11,124 | ▲ $4,228 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-3,948 | $-9,693 | ▼ $5,745 |
| Total Net Assets Fund Balance | $-3,948 | $-9,693 | ▼ $5,745 |
| Total Liabilities and Net Assets / Fund Balance | $2,948 | $1,431 | ▼ $1,517 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | - | $1,095 | $1,095 |
| Name | Title |
|---|---|
| Christine Ireland | Director |
| Greg Beno | Director |
| Jason Poniatowski | Director |
| Linda Suarez | Director |
| Melissa Barreto | Director |
| Stephen Preisig | Exec Directo |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $152,000 |
| Other Expenses | $24,652 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $140,372 | - | - | $140,372 |
| Fees for Services Other | $18,681 | - | - | $18,681 |
| Payroll Taxes | $11,628 | - | - | $11,628 |
| Information Technology | $3,251 | - | - | $3,251 |
| Fees for Services Accounting | $1,279 | - | - | $1,279 |
| Occupancy | $1,000 | - | - | $1,000 |
| Insurance | $241 | - | - | $241 |
| Conferences and Meetings | $200 | - | - | $200 |
| Total Functional Expenses | $176,652 | $0 | $0 | $176,652 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“No review was or will be conducted.”
“If the board or committee has reasonable cause to believe that a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the members response and after making further investigation as may be warranted by the circumstances, the board or committee determines that the member has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”
“A voting member of the board of directors who receives compensation, directly or indirectly, from the corporation, for services rendered, is precluded from voting on matters pertaining to that members compensation. The board may from time to time establish compensation and benefits for personnel of the corporation.”
“A voting member of the board of directors who receives compensation, directly or indirectly, from the corporation, for services rendered, is precluded from voting on matters pertaining to that members compensation. The board may from time to time establish compensation and benefits for personnel of the corporation.”
“UPON REQUEST”
“There is a general lack of understanding as to how the credit system works and what can be done. To maintain proper credit. Bedrock credit america (bca) plans to correct this problem through community outreach and education. Bca will serve the underprivileged within the communities by offering free credit education and practical application by creating customized education and action plans for individuals. This will allow specific issues to be addressed in an easy-to-understand manner and create hope for those who are currently struggling with their credit. The organization, through partnerships with community businesses, banks, mortgage lenders, realtors, as well as community institutions, churches, schools and other non-profits, we will offer free credit education seminars that will be open to the public.”
“Through public outreach and education, bedrock credit america is providing to the public an understanding of how the credit system works and what can be done to maintain proper credit.”
“Credit card processing fees 3,012 0 0 consulting & development 7,000 0 0 licenses & permits 100 0 0 postage/mailing 1,167 0 0 supplies 1,677 0 0 telephone/communications 1,283 0 0 payroll processing 1,515 0 0 other expenses 2,927 0 0 total 18,681 0 0”
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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| IRS990/ActivityOrMissionDesc | 0 | THERE IS A GENERAL LACK OF UNDERSTANDING AS TO HOW THE CREDIT SYSTEM WORKS AND WHAT CAN BE DONE TO MAINTAIN PROPER CREDIT. BEDROCK CREDIT AMERICA (BCA) PLANS TO CORRECT THIS PROBLEM THROUGH COMMUNITY OUTREACH AND EDUCATION. THE ORGANIZATION HAS BEEN ESTABLISHED TO FULFILL SEVERAL CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE (THE CODE), INCLUDING: (1) PROVIDING RELIEF FOR THE POOR, DISTRESSED AND THE UNDERPRIVILEGED; (2)SUPPORTING UNDERACKNOWLEDGED INDIVIDUALS ON MATTERS BOTH USEFUL TO THE INDIVIDUALS AND BENEFICIAL TO THE COMMUNITY; (3) COMBATING COMMUNITY DETERIORATION; AND (4) ELIMINATING PREJUDICE AND DISCRIMINATION WITHIN THE COMMUNITY. BCA WILL SERVE THE UNDERPRIVILEGED WITHIN THE COMMUNITIES BY OFFERING FREE CREDIT EDUCATION AND PRACTICAL APPLICATION BY CREATING CUSTOMIZED EDUCATION AND ACTION PLANS FOR INDIVIDUALS. THIS WILL ALLOW SPECIFIC ISSUES TO BE ADDRESSED IN AN EASY-TO-UNDERSTAND MANNER AND CREATE HOPE FOR THOSE WHO ARE CURRENT |
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| IRS990/MissionDesc | 0 | THERE IS A GENERAL LACK OF UNDERSTANDING AS TO HOW THE CREDIT SYSTEM WORKS AND WHAT CAN BE DONE. TO MAINTAIN PROPER CREDIT. BEDROCK CREDIT AMERICA (BCA) PLANS TO CORRECT THIS PROBLEM THROUGH COMMUNITY OUTREACH AND EDUCATION. BCA WILL SERVE THE UNDERPRIVILEGED WITHIN THE COMMUNITIES BY OFFERING FREE CREDIT EDUCATION AND PRACTICAL APPLICATION BY CREATING CUSTOMIZED EDUCATION AND ACTION PLANS FOR INDIVIDUALS. THIS WILL ALLOW SPECIFIC ISSUES TO BE ADDRESSED IN AN EASY-TO-UNDERSTAND MANNER AND CREATE HOPE FOR THOSE WHO ARE CURRENTLY STRUGGLING WITH THEIR CREDIT. THE ORGANIZATION, THROUGH PARTNERSHIPS WITH COMMUNITY BUSINESSES, BANKS, MORTGAGE LENDERS, REALTORS, AS WELL AS COMMUNITY INSTITUTIONS, CHURCHES, SCHOOLS AND OTHER NON-PROFITS, WE WILL OFFER FREE CREDIT EDUCATION SEMINARS THAT WILL BE OPEN TO THE PUBLIC. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THERE IS A GENERAL LACK OF UNDERSTANDING AS TO HOW THE CREDIT SYSTEM WORKS AND WHAT CAN BE DONE. TO MAINTAIN PROPER CREDIT. BEDROCK CREDIT AMERICA (BCA) PLANS TO CORRECT THIS PROBLEM THROUGH COMMUNITY OUTREACH AND EDUCATION. BCA WILL SERVE THE UNDERPRIVILEGED WITHIN THE COMMUNITIES BY OFFERING FREE CREDIT EDUCATION AND PRACTICAL APPLICATION BY CREATING CUSTOMIZED EDUCATION AND ACTION PLANS FOR INDIVIDUALS. THIS WILL ALLOW SPECIFIC ISSUES TO BE ADDRESSED IN AN EASY-TO-UNDERSTAND MANNER AND CREATE HOPE FOR THOSE WHO ARE CURRENTLY STRUGGLING WITH THEIR CREDIT. THE ORGANIZATION, THROUGH PARTNERSHIPS WITH COMMUNITY BUSINESSES, BANKS, MORTGAGE LENDERS, REALTORS, AS WELL AS COMMUNITY INSTITUTIONS, CHURCHES, SCHOOLS AND OTHER NON-PROFITS, WE WILL OFFER FREE CREDIT EDUCATION SEMINARS THAT WILL BE OPEN TO THE PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THROUGH PUBLIC OUTREACH AND EDUCATION, BEDROCK CREDIT AMERICA IS PROVIDING TO THE PUBLIC AN UNDERSTANDING OF HOW THE CREDIT SYSTEM WORKS AND WHAT CAN BE DONE TO MAINTAIN PROPER CREDIT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBERS RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS MAY BE WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THAT THE MEMBER HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | A VOTING MEMBER OF THE BOARD OF DIRECTORS WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION, FOR SERVICES RENDERED, IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBERS COMPENSATION. THE BOARD MAY FROM TIME TO TIME ESTABLISH COMPENSATION AND BENEFITS FOR PERSONNEL OF THE CORPORATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | A VOTING MEMBER OF THE BOARD OF DIRECTORS WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE CORPORATION, FOR SERVICES RENDERED, IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBERS COMPENSATION. THE BOARD MAY FROM TIME TO TIME ESTABLISH COMPENSATION AND BENEFITS FOR PERSONNEL OF THE CORPORATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | CREDIT CARD PROCESSING FEES 3,012 0 0 CONSULTING & DEVELOPMENT 7,000 0 0 LICENSES & PERMITS 100 0 0 POSTAGE/MAILING 1,167 0 0 SUPPLIES 1,677 0 0 TELEPHONE/COMMUNICATIONS 1,283 0 0 PAYROLL PROCESSING 1,515 0 0 OTHER EXPENSES 2,927 0 0 TOTAL 18,681 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART IX, LINE 11G |
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| IRS990/SignificantChangeInd | 0 | false |
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| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
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| IRS990/TotalAssetsEOYAmt | 0 | 1431 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1431 |
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| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 176652 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 6896 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 11124 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 6896 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 11124 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -3948 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -9693 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 157971 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 176652 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 164975 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 165150 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 165150 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2948 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1431 |
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| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/USAddress/AddressLine1Txt | 0 | 3 WICKHAMS FANCY |
| IRS990/USAddress/CityNm | 0 | COLLINSVILLE |
| IRS990/USAddress/StateAbbreviationCd | 0 | CT |
| IRS990/USAddress/ZIPCd | 0 | 06019 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | WWW.BEDROCKCREDITAMERICA.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEPHEN PREISIG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXEC DIRECTOR/CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2034047209 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-03-25 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BEDROCK CREDIT AMERICA INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BEDR |
| ReturnHeader/Filer/EIN | 0 | 881829727 |
| ReturnHeader/Filer/PhoneNum | 0 | 2034047209 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3 WICKHAMS FANCY |
| ReturnHeader/Filer/USAddress/CityNm | 0 | COLLINSVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 06019 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 871329756 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | COSTELLO & ASSOCIATES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 14 FAIR ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CARMEL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10512 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8452251818 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-03-25 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | EZEKIEL THOMPSON CPA |
| ReturnHeader/ReturnTs | 0 | 2025-03-25T20:20:16-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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