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Nonprofit · EIN 88-1255864

BBAR PHASE IV CORPORATION

Tax-exempt · WASHINGTON, DC 20020

Financials

$565K$02024
Revenue Expenses · by fiscal year end
Financials of BBAR PHASE IV CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$564,574$0$564,574$26,855,007$25,390,116$1,464,891
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$564,574
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$1,300,000
Total assets, end of year
$26,855,007
Total liabilities, end of year
$25,390,116
Net assets, end of year
$1,464,891
Land, buildings and equipment
$13,666,784
Net assets without donor restrictions
$1,464,891
Gross receipts
$564,574
Employees
0
Volunteers
3
Year formed
2022
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ELIZABETH CONAHANPRESIDENT
Officer
1$0
JOHN RITZSECRETARY
Officer
1$0
JEFFERY CAPRONTREASURER
Officer
1$0

Address and contacts

Address (IRS master file)
1901 MISSISSIPPI AVE SE, WASHINGTON, DC 20020-6117
In care of
% JEFFREY CAPRON
Principal officer (990 for 2024)
JEFFERY CAPRON, 1901 MISSISSIPPI AVE SE, WASHINGTON, DC 20020
Signed the 990
JEFFERY CAPRON, TREASURER
Phone
(202) 889-5901
Return prepared by
GELMAN ROSENBERG & FREEDMAN

Mission

BBAR PHASE IV CORPORATION ("BIVC") IS ORGANIZED AND OPERATED AS A SUPPORTING ORGANIZATION (AS DESCRIBED IN SECTION 509(A)(3) OF THE IRC), WITH RESPECT TO BUILDING BRIDGES ACROSS THE RIVER, INC. ("BBAR"). BIVC PROMOTES, DESIGNS, FUNDRAISES FOR, CONSTRUCTS, AND OPERATES A BUILDING HOUSING THE WASHINGTON SCHOOL FOR GIRLS ON THE CAMPUS OF BBAR. BIVC WAS CREATED TO FACILITATE THE USE OF NEW MARKETS TAX CREDITS ("NMTC") AS A FINANCING SOURCE FOR PART OF THE COST OF THE NEW BUILDING.

990 for the year ended December 31, 2024

Program accomplishments

  • DEVELOPMENT AND CONSTRUCTION OF PHASE IV OF THEARC, WHICH WILL BE HOME TO THE WASHINGTON SCHOOL FOR GIRLS, A TUITION-FREE SCHOOL THAT EDUCATES GIRLS FROM GRADES 3-8.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
88-1255864
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$26,855,007
Income (IRS master file)
$564,574

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$564,574$0$26,855,007XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-1255864).

Questions about BBAR PHASE IV CORPORATION

What is the EIN of BBAR PHASE IV CORPORATION?
The employer identification number (EIN) of BBAR PHASE IV CORPORATION is 88-1255864.
Is BBAR PHASE IV CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to BBAR PHASE IV CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does BBAR PHASE IV CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BBAR PHASE IV CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BBAR PHASE IV CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BBAR PHASE IV CORPORATION?
The 990 for the year ended December 31, 2024 names JEFFERY CAPRON.
Who are the officers and directors of BBAR PHASE IV CORPORATION?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does BBAR PHASE IV CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $564,574, expenses of $0 and total assets of $26,855,007 at year end.

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