Bousd Financing Corporation

Nonprofit profile at a glance

EIN
330626247
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Brea, CA, USA
Phone
7149907824
Rating confidence
Limited
Sector
Government and Public Administration

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

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

Leadership & pay

6 people listed

People named in this filing

  • BERNIE RILCOYNE (CHAIRPERSON)
  • BRINDA LEON (VICE CHAIRPERSON)
  • RICHARD CHAMPION (SECRETARY/TREASURER)

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

The specific and primary purposes for which this coporation exists are:(a)to render financial assistance to the brea olinda unified school district by financing, refinancing, acquiring, constructing, improving, leasing, and selling of buildings, building equipment, electrical, water, sewer, road and other facilities, lands and any other real or personal property for the benefit of residents of the distric and surrounding areas,(b) to acquire by lease, purchase or otherwise, real or personal property or any interest therein,(c) to promote the common good and general welfare of the residents of the district, and the governmental enterprises in the district and surrounding areas by the acquisition of the real and personal property as herein above described,(d) to borrow the necessary funds, to pay the cost of financing, refinancing, acquiring, constructing, replacing, etc. Such properties and facilities for the herein described purposes,(e) to receive limited or conditional gifts/grants.

What it reported doing in 2024

In 1994 and in 2002, rendered financial assistance to the brea olinda unified school district by helping to refund and finance the original 1986 and 1989 certificates of participation issued to fund the construction and improvements built on a new high school site for brea olinda unified school district.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 41
  • Sustainability: NotEnoughData
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 50%; rating input score 50; 0th percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 1 filed schedules
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.