Benefits Data Trust
- Assets
- $35.3m
- Revenue
- $26.5m
- Investments
- $0.0
- Employees
- 318
- Location
- Philadelphia, PA
- Founding
- 12/2006
- Data as of
- 12/2020
- EIN
- 20-3455598
Organization Overview
Benefits Data Trust is located in Philadelphia, PA. The organization was established in 2006. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2020, Benefits Data Trust employed 318 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Benefits Data Trust 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 12/2020, Benefits Data Trust generated $26.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $21.5m during the year ending 12/2020. While expenses have increased by 13.6% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
COMMITTED TO TRANSFORMING HOW INDIVIDUALS IN NEED ACCESS ESSENTIAL BENEFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT OUTREACH/APPLICATION ASSISTANCE:BENEFITS DATA TRUST (BDT) ASSISTS CLIENTS WITH THE BENEFIT APPLICATION AND ENROLLMENT PROCESS THROUGH PHONE-BASED APPLICATION ASSISTANCE AND DATA-DRIVEN OUTREACH. BDT PARTNERS WITH GOVERNMENT AGENCIES AND CROSS-SECTOR STAKEHOLDERS AND USES DATA TO IDENTIFY INDIVIDUALS WHO ARE NOT CURRENTLY ACCESSING THE CRITICAL BENEFITS AND SERVICES FOR WHICH THEY QUALIFY. ONCE IDENTIFIED, INDIVIDUALS ARE CONNECTED WITH TRAINED STAFF AT BDT'S CONTACT CENTER, WHICH USES BDT'S PROPRIETARY SOFTWARE TO HELP CLIENTS COMPLETE APPLICATIONS FOR A FULL SUITE OF BENEFITS AND SERVICES AT ONCE, ELIMINATING THE BURDEN AND REDUNDANCY OF NAVIGATING EACH PROGRAM SEPARATELY. BY FACILITATING DIRECT ENROLLMENT IN BENEFITS, BDT ALSO HELPS TO REDUCE THE STRAIN ON STATE AND LOCAL AGENCIES SO THAT THEY CAN HELP OTHERS MORE EFFECTIVELY AND REDUCE WORK FOR STATE CASEWORKERS BY PROVIDING MORE ACCURATE APPLICATIONS.
POLICY AND PRACTICE CONSULTING:BDT PROVIDES POLICY AND PRACTICE ASSISTANCE TO STATES NATIONWIDE TO HELP THEM STREAMLINE BENEFITS ACCESS. THE ORGANIZATION HELPS STATE AGENCIES EXPLORE, APPLY FOR, AND OPERATIONALIZE THE COLLECTION OF WAIVERS, STATE OPTIONS, AND PROCESS IMPROVEMENTS AVAILABLE, INCLUDING DATA-MATCHING, CROSS-PROGRAM ENROLLMENT COORDINATION, DATA-DRIVEN OUTREACH, AND APPLICATION SIMPLIFICATION. BDT'S POLICY WORK ALSO INCLUDES DISSEMINATION OF EFFECTIVE POLICIES AND PRACTICES THROUGH REPORTS, ISSUE BRIEFS, PLAYBOOKS, AND WEBINARS.
DATA & TECHNOLOGY:BDT USES DATA AND TECHNOLOGY TO DESIGN SOLUTIONS THAT IMPROVE ACCESS TO ESSENTIAL BENEFITS AND SERVICES. BDT ANALYZES DATA TO BETTER CONNECT THOSE IN NEED TO PUBLIC BENEFITS THAT THEY ARE ELIGIBLE FOR AND BUILDS INTEGRATED TECHNOLOGY SOLUTIONS THAT CONNECT CLIENTS TO SERVICES FOR KEY PARTNERS AND/OR GEOGRAPHIES. BY BUILDING TECHNOLOGY SOLUTIONS THAT ENSURE A SMOOTH APPLICATION AND ENROLLMENT PROCESS, BDT IS REDUCING THE NUMBER OF BARRIERS FACED BY THOSE IN NEED WHEN APPYING FOR ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trooper Sanders Chief Executive Officer | Officer | 40 | $280,000 |
Jared Susco Chief Finance & People Officer | Officer | 40 | $220,138 |
Pauline Abernathy Chief Strategy Officer | Officer | 40 | $219,583 |
Sang Lee Senior Director Of Development | 40 | $185,248 | |
Sam Rastin Director Of Information Technology | 40 | $179,677 | |
Sandra E Zygmunt Deputy Chief For Innovation/product | 40 | $163,725 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Adp Inc Payroll Services | 12/30/20 | $1,053,300 |
Promptworks Llc It Consulting | 12/30/20 | $630,432 |
United Mail Direct Marketing | 12/30/20 | $474,316 |
Ors Partners Llc Recruiting Services | 12/30/20 | $284,950 |
Evolve Ip Telephone Services | 12/30/20 | $255,088 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $150,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,877,320 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,523,415 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,550,735 |
| Total Program Service Revenue | $9,754,528 |
| Investment income | $70,834 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $146,900 |
| Net Gain/Loss on Asset Sales | -$519 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,526,932 |
| 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. | $749,342 |
| Compensation of current officers, directors, key employees. | $520,106 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,400,679 |
| Pension plan accruals and contributions | $323,185 |
| Other employee benefits | $1,141,990 |
| Payroll taxes | $1,136,622 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $32,352 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,353,557 |
| Advertising and promotion | $0 |
| Office expenses | $55,896 |
| Information technology | $1,276,745 |
| Royalties | $0 |
| Occupancy | $859,137 |
| Travel | $49,030 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,984 |
| Interest | $20,236 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,020,844 |
| Insurance | $89,227 |
| All other expenses | $3,267 |
| Total functional expenses | $21,487,003 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,866 |
| Savings and temporary cash investments | $18,062,621 |
| Pledges and grants receivable | $12,228,776 |
| Accounts receivable, net | $0 |
| 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 | $193,138 |
| Net Land, buildings, and equipment | $4,650,648 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $35,254,049 |
| Accounts payable and accrued expenses | $1,995,697 |
| Grants payable | $0 |
| Deferred revenue | $9,174,042 |
| 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 | $2,668,401 |
| Total liabilities | $13,838,140 |
| Net assets without donor restrictions | $10,737,670 |
| Net assets with donor restrictions | $10,678,239 |
| 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 | $35,254,049 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Benefits Data Trust has recieved totaling $12,264,689.
| Awarding Organization | Amount |
|---|---|
Pew Charitable Trusts Washington, DC PURPOSE: Civic Life | $3,200,000 |
Wal-Mart Foundation Bentonville, AR PURPOSE: HEALTHIER FOOD FOR ALL | $2,500,000 |
Robin Hood Foundation New York, NY PURPOSE: POVERTY RELIEF | $2,145,080 |
Tides Foundation San Francisco, CA PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES | $1,275,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $1,250,000 |
Aarp Foundation Washington, DC PURPOSE: GRANT TO SUPPORT AARP FOUNDATION'S SNAP BENEFITS PROGRAM | $540,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania Virtual Charter School King Of Prussia, PA | $24,898,829 | $49,068,085 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Pay It Forward Foundation Inc Pittsburgh, PA | $11,909,629 | $29,731,720 |
Wood County Schools Benefit Plan Bowling Green, OH | $9,100,102 | $25,909,869 |
Lifesteps Inc Butler, PA | $25,871,848 | $32,536,752 |
Lsny Bronx Corporation New York, NY | $9,256,880 | $24,578,698 |
Maryland Innovation And Security Institute Inc Baltimore, MD | $10,081,190 | $24,715,450 |
Community Action Council Of Howard County Md Inc Columbia, MD | $15,922,810 | $23,897,066 |
Cal Ripken Sr Foundation Inc Baltimore, MD | $24,973,997 | $16,406,660 |
Benefits Data Trust Philadelphia, PA | $35,254,049 | $26,526,932 |
El Education Inc New York, NY | $28,362,379 | $30,858,452 |