Bci Inc is located in Brookline, MA. The organization was established in 2015. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 07/2022, Bci Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bci 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 07/2022, Bci Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $2.6m during the year ending 07/2022. While expenses have increased by 13.8% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE 0.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE TRAINING AND EDUCATION TO PERSONS SEEKING POST SECONDARY TRAINING AND EDUCATION FOR PURPOSES OF CAREER ADVANCEMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Fardad Deihim President And Treasurer | OfficerTrustee | 40 | $127,000 |
Vladislav Yanovsky Clerk | OfficerTrustee | 30 | $116,000 |
Nadia Mahboula Director | Trustee | 40 | $91,400 |
Charles Degennaro Director | Trustee | 20 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $136,120 |
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 | $136,120 |
Total Program Service Revenue | $2,619,910 |
Investment income | $0 |
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 | $2,756,030 |
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. | $334,000 |
Compensation of current officers, directors, key employees. | $106,880 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,122,761 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $109,146 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $51,712 |
Advertising and promotion | $109,183 |
Office expenses | $47,063 |
Information technology | $25,477 |
Royalties | $0 |
Occupancy | $169,561 |
Travel | $87,947 |
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 | $14,130 |
Insurance | $64,498 |
All other expenses | $111,959 |
Total functional expenses | $2,641,460 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,048,249 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $69,675 |
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 | $0 |
Net Land, buildings, and equipment | $55,532 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,400 |
Total assets | $1,176,856 |
Accounts payable and accrued expenses | $0 |
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 | $135,309 |
Total liabilities | $135,309 |
Net assets without donor restrictions | $1,041,547 |
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 | $1,176,856 |
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