Bt Inc

Nonprofit profile at a glance

EIN
832776860
IRS 990 coverage
2022–2025
Forms available
Form 990 2025
Location
Rock Tavern, NY, USA
Phone
8456145995
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Temporary Housing

Reported finances

Revenue
$962,750
Expenses
$756,350
Assets
$10,170,905
Liabilities
$4,738,870

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • THOMAS GIBNEY (PRESIDENT)
  • PATRICIA REYNOLDS (VICE PRESIDENT)

People named in this filing

  • THOMAS GIBNEY (PRESIDENT)
  • PATRICIA REYNOLDS (VICE PRESIDENT)
  • JANICE LUTZ (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. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To aid and assist in the acquisition, preservation, and stabilization of housing, and to promote community revitalization and combat community deterioration in areas having unmet housing needs for persons who are poor, needy, or underprivileged.

What it reported doing in 2025

Manufactured housing park consisting of land, common area buildings and improvements located in rock tavern, New York. There were 96 members and 116 residents and one rental home that is leased as of december 31, 2025. The corporation was formed to allow residents to rent the land under their homes to self-manage the property.

Operating model

Revenue model
Earned-program. 94% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 90
  • Accountability: 76
  • Sustainability: 73
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.9%; rating input score 74
  • Program expense ratio: 94.6%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 21.4%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 13.45; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.47; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: -7.4% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: 4% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: -0.4% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 73.9% of revenue deployed · 94.6% of spending went to programs
  • Governance: 5 of 5 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $715K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • 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.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.