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← THE BDK FUND

Form 990 for tax year 2023

Filed by THE BDK FUND.

Totals

Total revenue
$186,767
Total expenses
$208,517
Contributions and grants received
$95,675
Grants paid
$0
Program service revenue
$68,046
Investment income
$6,337
Other revenue
$16,709
Total assets, end of year
$120,170
Total liabilities, end of year
$2,908
Net assets or fund balances, end of year
$117,262
Program services expenses (Part IX)
$208,517
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$208,517

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.

  • 1c · Fundraising events

    $9,741

  • 1e · Government grants (contributions)

    $18,426

  • 1f · All other contributions, gifts and grants

    $67,508

  • 2a · Program service revenue: SPECIAL EVENTS

    total $59,032 · related or exempt $59,032

  • 2b · Program service revenue: BDK SALES

    total $8,409 · related or exempt $8,409

  • 2c · Program service revenue: BDK SWAG SALES

    total $430 · related or exempt $430

  • 2d · Program service revenue: PROGRAM REVENUE

    total $175 · related or exempt $175

  • 3 · Investment income

    total $3,249 · related or exempt $3,249

  • 7a · Gross sales of assets other than inventory

    securities $41,589

  • 7b · Less cost or other basis and sales expenses

    securities $38,501

  • 7c · Gain or loss

    securities $3,088

  • 7d · Net gain or loss

    total $3,088 · related or exempt $3,088

  • 8a · Fundraising events: gross income

    $44,467

  • 8a · Fundraising events: contributions included on line 1c

    $9,741

  • 8b · Fundraising events: direct expenses

    $27,758

  • 8c · Net income from fundraising events

    total $16,709

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $83,943 · program services $83,943

  • 10 · Payroll taxes

    total $5,083 · program services $5,083

  • 11b · Fees: legal

    total $100 · program services $100

  • 12 · Advertising and promotion

    total $1,653 · program services $1,653

  • 13 · Office expenses

    total $5,916 · program services $5,916

  • 16 · Occupancy

    total $13,007 · program services $13,007

  • 23 · Insurance

    total $1,172 · program services $1,172

  • 24a · Other expenses: BDK SCHOLARS

    total $80,470 · program services $80,470

  • 24b · Other expenses: BRIGHTER DAYS

    total $10,099 · program services $10,099

  • 24c · Other expenses: TAXES & LICENSES

    total $3,081 · program services $3,081

  • 24d · Other expenses: OTHER BUSINESS EXPENSES

    total $1,696 · program services $1,696

  • 24e · All other expenses

    total $2,297 · program services $2,297

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $108,895 · end of year $120,170

  • 2 · Savings and temporary cash investments

    beginning of year $31,637

  • 9 · Prepaid expenses and deferred charges

    beginning of year $165

  • 17 · Accounts payable and accrued expenses

    beginning of year $923 · end of year $1,854

  • 25 · Other liabilities

    beginning of year $762 · end of year $1,054

  • 27 · Net assets without donor restrictions

    beginning of year $139,012 · end of year $117,262

Mission and programs · 2023

Mission

THE BDK FUND AIMS TO PROVIDE LIFE ALTERING ASSISTANCE TO AT-RISK OR IN-NEED CHILDREN WITH A FOCUS ON BUILDING BRIGHTER FUTURES IN OUR LOCAL COMMUNITIES.

  • BDK SCHOLARS WILL EXPOSE DISADVANTAGED KIDS TO A CATHOLIC HIGH SCHOOL EDUCATION WHO OTHERWISE WOULDN'T HAVE THE OPPORTUNITY. IN ADDITION TO PROVIDING FINANCIAL SUPPORT, WE ARE ALSO LEVERAGING OUR NUMEROUS OTHER RESOURCES TO MAKE SURE THESE KIDS SUCCEED IN HIGH SCHOOL AND WELL BEYOND GRADUATION.

    Expenses $198,418

  • BRIGHTER DAYS WILL FOCUS ON SPECIFIC NEEDS THAT WILL MAKE A MEANINGFUL DIFFERENCE IN A CHILD'S LIFE.

    Expenses $10,099

As filed on the 2023 return.

Listed in Part VII

  • John Ditullio

    PRESIDENT

    Total calculated
    $0
  • Nick Keyes

    CHAIRMAN OFT

    Total calculated
    $0
  • Keri Young

    TREASURER

    Total calculated
    $0

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.

Provenance

Return type
form_990
Tax year
2023
Filed
10 October 2024
IRS schema version
2023v5.0
Source object
202412869349300601

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