Bicsi Cares Inc

Nonprofit profile at a glance

EIN
593419229
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Tampa, FL, USA
Phone
8139791991
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$77,812
Expenses
$79,785
Assets
$20,700
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • JOHN H DANIELS (CEO)
  • DAVID RICHARDS (PRESIDENT)
  • WILLIAM FOY (PRESIDENT ELECT (TREAS THRU 1/25))

People named in this filing

  • JOHN H DANIELS (CEO)
  • DAVID RICHARDS (PRESIDENT)
  • WILLIAM FOY (PRESIDENT ELECT (TREAS THRU 1/25))

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

Distribute funds and other items of value to charitable endeavors with the primary focus on the support and wellbeing of children throughout the world. Bicsi cares, inc. Also promotes education in telecommunications through the granting of scholarships.

What it reported doing in 2024

Donations to charities that assist children and have no or low administration costs.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 100
  • Sustainability: 39
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.6%; rating input score 82
  • Program expense ratio: 79.6%; rating input score 80

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -2.5%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.26; rating input score 19; 19th 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: -2.3% per year; rating input score 0; 42nd percentile among comparable filings
  • Revenue growth: 0.6% per year; rating input score 100; 54th percentile among comparable filings
  • Asset growth: 12.9% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 81.6% of revenue deployed · 79.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $64K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.