Bds Healthy Aging Networks Inc
Nonprofit profile at a glance
- EIN
- 862110380
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- Baltimore, MD, USA
- Phone
- 4103757504
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $9,703
- Expenses
- $7,511
- Assets
- $12,241
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- BETSY D SIMON (PRESIDENT)
- HENRY SIMON JR (VICE PRESIDENT)
People named in this filing
- BETSY D SIMON (PRESIDENT)
- HENRY SIMON JR (VICE PRESIDENT)
- KIMBERLY J HICKS (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our organization's primary purpose is to provide Aging in Place Support Services for Older Adults by engaging, educating, motivating and empowering them to seek and utilize available resources that ensure healthy living and acceptance as assets to society, not burdens. Therefore, programming and activities are designed to reach older adults where they are; at home or functioning in a community setting. An Intergenerational and cross community approach is used by bring health and social justice advocates, young and older together on a weekly basis to address aging issues as networking partners in safe settings; virtually and on-the-ground as appropriate.
What it reported doing in 2024
This Prong continues to be linked to building and maintaining partnerships and networks. We are a small nonprofit and partnering with trusted agencies and networks is essential for our growth and development. The intent of our organization is to encourage those within our group to become advocates for themselves and others thereby, creating multiple prongs of this initiative, under their individual leadership and throughout their communities in the city and across the state. Toward that goal we have accomplished the following: Partnered with NPower Community Technology Help Desk as they operated Free Tech Hotline for older adults in Baltimore City, the Free Tech Help Desk is open to all city residents five day a week; Our organization provided focus group participants for three departments in the Mayor's office as they determine where to place Broadband and Wi-Fi services throughout the city; Served as a presentation site for new science presentations regarding brain health, alzheimer's disease, Covid 19 research, RSV and Flu research with City Department of Aging, Johns Hopkins and University of Maryland and continue to participation in the flu media outreach efforts Co-sponsored caregivers activities in partnership with BCHD Family Caregivers Program; We have a strong partnering relationship with the President of the Maryland at Large Chapter of the National Federation of the Blind and their seniors' Division. People who have Low vision and are totally blind are involved in all our activities; Our members served as speaker and membership recruiters, technology referral agents and as program presenters themselves. Collaborations: highlighted here Community Partners and Older Adult Advocates joined us in this ongoing effort. We have established a BDS Networks Advocacy Group designed to meet with city and other agencies to advocate for the service inclusion of older adults and other underserved residents. The BDS Networks CEO serves as volunteer consultant and advisor to faith-based and community groups as they establish or maintain older adult ministries and initiatives. No Operational Cost for these activities
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 17
- Transparency & Controls: 82
- Sustainability: 68
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 15.5%; rating input score 15
- Program expense ratio: 20%; rating input score 20
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 22.6%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 1.63; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -21.7% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: 25.9% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 30% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 15.5% of revenue deployed · 20% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $2K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 15/100.
- High — Financial Efficiency: Program expense ratio scored 20/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.