Tenfold Bpo is located in Colorado Springs, CO. The organization was established in 2003. According to its NTEE Classification (X19) the organization is classified as: Support N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2023, Tenfold Bpo employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tenfold Bpo 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 03/2024, Tenfold Bpo generated $382.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (65.3%) each year. All expenses for the organization totaled $171.0k during the year ending 03/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TENFOLD BPO PROVIDES BUSINESS SYSTEMS TO FAITH-BASED ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TENFOLD BPO SERVED TWENTY FIVE CHRISTIAN NOT-FOR-PROFIT ORGANIZATIONS AT SIGNIFICANTLY BELOW-MARKET COST; IN ADDITION TO RECEIPTING, ACCOUNTING, AND PAYROLL SERVICES, TENFOLD ALSO PROVIDED ENTERPRISE SOFTWARE, SOFTWARE HOSTING, AND TECHNICAL SUPPORT.
TENFOLD BPO PROVIDED ENTERPRISE SOFTWARE AND SOFTWARE HOSTING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed President & CEO | OfficerTrustee | 40 | $87,224 |
Name Not Listed Interim CEO | OfficerTrustee | 10 | $0 |
Name Not Listed Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Vice Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Board Member | Trustee | 2 | $0 |
Name Not Listed Board Member | Trustee | 2 | $0 |
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 | $1,210 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $1,724,840 |
Investment income | $382 |
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 | $382 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $101,653 |
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. | $90,978 |
Compensation of current officers, directors, key employees. | $90,978 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $567,469 |
Pension plan accruals and contributions | $4,025 |
Other employee benefits | $56,451 |
Payroll taxes | $59,954 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,090 |
Fees for services: Accounting | $4,100 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,183 |
Fees for services: Other | $7,081 |
Advertising and promotion | $695 |
Office expenses | $2,320 |
Information technology | $12,988 |
Royalties | $0 |
Occupancy | $515 |
Travel | $8,770 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,000 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,322 |
Insurance | $5,072 |
All other expenses | $0 |
Total functional expenses | $171,049 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $63,693 |
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 | $0 |
Net assets without donor restrictions | $0 |
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 | $0 |
Over the last fiscal year, Tenfold Bpo has awarded $68,086 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
RIPE FOR HARVEST PURPOSE: support program operations | $17,383 |
BEHOLD ISRAEL PURPOSE: support program operations | $9,641 |
BEE WORLD PURPOSE: support program operations | $16,745 |
DIGNITY FREEDOM NETWORK PURPOSE: support program operations | $5,702 |
GOOD SHEPHERD INDIA PURPOSE: support program operations | $5,709 |
AFRICAN MISSION HEALTHCARE PURPOSE: support program operations | $6,829 |