Bscd Properties Inc
- Assets
- $1.0m
- Revenue
- $92.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Decatur, GA
- Founding
- 07/2012
- Data as of
- 06/2021
- EIN
- 45-2420233
Organization Overview
Bscd Properties Inc is located in Decatur, GA. The organization was established in 2012. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bscd Properties Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Bscd Properties Inc generated $92.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $72.1k during the year ending 06/2021. While expenses have increased by 0.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BSCD PROPERTIES, INC. WAS CREATED TO OPERATE FOR THE ADVNCEMENT OF DEKALB COMMUNITY SERVICE BOARD, A STATUTORILY CREATED PUBLIC AGENCY AND INSTRUMENTALITY OF THE STATE OF GEORGIA, THAT OPERATES A FULL RANGE OFMENTAL HELATH AND SUBSTANCE ABUSE TREATMENT SERVICES AND DEVELOPMEMTAL DISABILITIES PROGRAMS. BSD PROPETIES,INC. SOLICITS, RECEIVES, AND MAINTAINS REAL AND PERSONAL PROPERTY FOR THE DIRECT BENEFIT OF DEKALB COMMUNITY SERVICE BOARD AND IRS PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN MARCH 2012, BSCD PROPERTIES RECEIVED DONATIONS OF FIVE SINGLE-FAMILY RESIDENTIAL PROPERTIES FROM TWO NOT-FOT-PROFIT ORGANIZATIONS. BEGINNING IN APRIL OF 2012, BSCD PROPERTIES PROVIDED THE RESIDENTIAL PROPERTIES TO DEKALB COMMUNITY SERVIE BOARD AS RESIDENCES FOR DEVELOPMENTAL-DISABLED CLIENTS. THE MONTHLY RENTAL TERMS FOR THE PROPERTIES REMAINED THE SAME AS HAD BEEN CONTRACTED BETWEEN DEKALB CSB ANDTHE DONOR ENTITIES. DEKALB CSB PROVIDED PROGRAMS AND SERVICES TO THE DEVELOPMENTALLY DISABLED ADULTS. THE AGENCY OPERATES DAY PROGRAMS THAT OFFER WORK ACTIVITIES,DAY REHABILITATION,PHYSICAL THERAPY AND COMMUNITY ACCESS ACTIVITIES. THE AGENCY ALSO OPERATES A RESIDENTIAL PROGRAM FOR ITS CLIENTS. BSCD MAINTAINS AND OPERATESTHE RESIDENTIAL HOMES IN SUPPORT OF THE DEKALB CSB PROGRAMS.
IN MARCH 2012, BSCD PROPERTIES RECEIVED DONATIONS OF FIVE SINGLE-FAMILY RESIDENTIAL PROPERTIES FROM TWO NOT-FOT-PROFIT ORGANIZATIONS. BEGINNING IN APRIL OF 2012, BSCD PROPERTIES PROVIDED THE RESIDENTIAL PROPERTIES TO DEKALB COMMUNITY SERVIE BOARD AS RESIDENCES FOR DEVELOPMENTAL-DISABLED CLIENTS. THE MONTHLY RENTAL TERMS FOR THE PROPERTIES REMAINED THE SAME AS HAD BEEN CONTRACTED BETWEEN DEKALB CSB ANDTHE DONOR ENTITIES. DEKALB CSB PROVIDED PROGRAMS AND SERVICES TO THE DEVELOPMENTALLY DISABLED ADULTS. THE AGENCY OPERATES DAY PROGRAMS THAT OFFER WORK ACTIVITIES,DAY REHABILITATION,PHYSICAL THERAPY AND COMMUNITY ACCESS ACTIVITIES. THE AGENCY ALSO OPERATES A RESIDENTIAL PROGRAM FOR ITS CLIENTS. BSCD MAINTAINS AND OPERATESTHE RESIDENTIAL HOMES IN SUPPORT OF THE DEKALB CSB PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Bushfield Vice Chairpe | OfficerTrustee | $0 | |
Fabio Van Der Merwe CEO | Officer | $0 | |
Alvin Glymph Board Chairm | Officer | $0 | |
Jockars Wedlowe CFO | Officer | $0 | |
David Dude Director | Trustee | $0 | |
Joan Gage Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $92,760 |
| Investment income | $34 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $92,794 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,903 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,156 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,531 |
| All other expenses | $30,965 |
| Total functional expenses | $72,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218,749 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,042 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,781 |
| Net Land, buildings, and equipment | $787,374 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,012,946 |
| Accounts payable and accrued expenses | $10,003 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,003 |
| Net assets without donor restrictions | $1,002,943 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,012,946 |
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