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Nonprofiteer
← BDF ELEMENTARY

Form 990 for tax year 2023

Filed by BDF ELEMENTARY.

Totals

Total revenue
$1,342,500
Total expenses
$1,321,678
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$1,342,500
Total assets, end of year
$22,991,718
Total liabilities, end of year
$22,338,623
Net assets or fund balances, end of year
$653,095
Program services expenses (Part IX)
$1,321,678
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$1,321,678

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 6a · Gross rents

    real property $1,342,500

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $1,342,500

  • 6d · Net rental income or loss

    total $1,342,500 · related or exempt $1,342,500

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $1,750 · program services $1,750

  • 20 · Interest

    total $1,319,928 · program services $1,319,928

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $110,612 · end of year $131,434

  • 10a · Land, buildings and equipment: cost or other basis

    $22,860,284

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $22,860,284 · end of year $22,860,284

  • 25 · Other liabilities

    beginning of year $22,338,623 · end of year $22,338,623

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $632,273 · end of year $653,095

Mission and programs · 2023

Mission

BDF ELEMENTARY'S MISSION IS TO RAISE FUNDS TO CONSTRUCT A NEW SCHOOL FACILITY WITHIN THE COLUMBIA PARC AT THE BAYOU DISTRICT COMMUNITY, AND PARTNER WITH A SCHOOL OPERATOR TO PROVIDE EXCELLENT PROGRAMMING IN ORDER TO PROVIDE ACCESS TO QUALITY EDUCATION FOR RESIDENTS OF ALL INCOMES, AND COMPLETE THE "CRADLE TO COLLEGE" EDUCATION MODEL.

Activities or mission (Part I)

SEE SCHEDULE O

  • TO CONSTRUCT A NEW SCHOOL FACILITY WITHIN THE COLUMBIA PARC AT THE BAYOU DISTRICT COMMUNITY, AND PARTNER WITH A SCHOOL OPERATOR TO PROVIDE EXCELLENT PROGRAMMING IN ORDER TO PROVIDE ACCESS TO QUALITY EDUCATION FOR RESIDENTS OF ALL INCOMES, AND COMPLETE THE "CRADLE TO COLLEGE" EDUCATION MODEL.

    Expenses $1,321,678 · Revenue $1,342,500

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • GERARD W BAROUSSE JR

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10 + 35 related

  • MICHAEL H RODRIGUE

    SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 25 related

  • DARRAH SCHAEFFER

    TREASURER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
27 January 2025
IRS schema version
2023v6.0
Source object
202540279349300954

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