BCHF SPRINGFIELD INC

EIN: 273779762 501(c)(3) Housing & Shelter

COLUMBUS, OH

Total Revenue
$39,776
Total Expenses
$203,269
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
OH
Principal Officer
STEVEN J BOONE
Phone
6149722020
Tax Period
2019-07-01 to 2020-06-30

BCHF SPRINGFIELD INC, founded in 2010, is a micro nonprofit in the Housing & Shelter sector that reported $40K in total revenue in fiscal year 2019. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $203K exceeded revenue, resulting in a 411% operating deficit.

Mission

CHARITABLE ORGANIZATION THAT PROVIDES AFFORDABLE HOUSING FOR THE ELDERLY AND DISABLED PERSONS.

Program Service Accomplishments

Program 1
Expenses: $203,167 Revenue: $-2,919

THE PURPOSE OF THE ORGANIZATION IS TO OWN AND OPERATE A 45 UNIT LOW-INCOME RENTAL HOUSING PROJECT FOR THE ELDERLY AND DISABLED PERSONS KNOWN AS OPPORTUNITIES GARDENS LOCATED IN SPRINGFIELD OHIO...

Read more

THE PURPOSE OF THE ORGANIZATION IS TO OWN AND OPERATE A 45 UNIT LOW-INCOME RENTAL HOUSING PROJECT FOR THE ELDERLY AND DISABLED PERSONS KNOWN AS OPPORTUNITIES GARDENS LOCATED IN SPRINGFIELD OHIO. LEASE TERMS ARE TYPICALLY ONE YEAR. HUD SUPERVISES THE OPERATING METHODS OF THE PROJECT AND THE RENT CHARGES TO THE TENANTS PURSUANT TO THE TERMS AND CONDTIIONS OF A REGULATORY AGREEMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $42,384
Program Service Revenue $132,897
Investment Income $-156,625
Other Revenue $21,120
TOTAL REVENUE $39,776

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,854
Fundraising Expenses $0
Program Expenses $203,167
Other Expenses $196,415
TOTAL EXPENSES $203,269

Year-over-Year Comparison

2019 2018 Change
Revenue $39,776 $509,594 -0.9%
Expenses $203,269 $522,603 -0.6%
Net Income $-163,493 $-13,009 +11.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$312,000
Total Directors
3
$312,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN BOONE DIRECTOR, PRESIDENT 1.00
Officer Director
$0 $0 $312,000
STEVEN GUTHRIE DIRECTOR, SECRETARY 1.00
Officer Director
$0 $0 $0
CARLISSA STEWART DIRECTOR, TREASURER 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $39,776 $203,269 No data $-163,493
2019 $509,594 $522,603 $1,270,567 $-13,009
Explore More Nonprofits
→Top 100 Nonprofits in Ohio →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BCHF SPRINGFIELD INC with other nonprofits in Ohio and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.