2025-11-14T17:13:01-06:00 2024-12-31 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2024-01-01 813612875 BELIEVE IN STUDENTS INC BELI 2672254845 1939 FAIRMOUNT AVENUE PO BOX 560 PHILADELPHIA PA 19130 TRACI KIRTLEY EXECUTIVE DIRECTOR 2672254845 2025-11-13 1 0 PAMELA GRAY P01237506 4105840060 2024 2025-03-06 01:10:19Z X TRACI KIRTLEY 1755 N 13TH STREET 295 PHILADELPHIA PA 19122 1082848 0 X BELIEVEINSTUDENTS.ORG X 2016 PA TO PROVIDE COLLEGE STUDENTS STRUGGLING WITH BASIC NEEDS INSECURITY WITH RESOURCES AND SUPPORT. 9 9 6 30 0 0 438761 1075169 0 0 9408 7679 0 0 448169 1082848 0 0 0 0 392447 446933 0 0 56183 356077 315752 748524 762685 -300355 320163 324227 619750 38011 12868 286216 606882 X TO ADDRESS BASIC NEEDS INSECURITY AMONG COLLEGE STUDENTS AND PROMOTE COLLEGE ATTAINMENT BY DEVELOPING AND SUPPORTING INNOVATIVE, SUSTAINABLE, AND EFFECTIVE SOLUTIONS THAT CAN SCALE TO MEET WIDESPREAD DEMAND. 0 0 246489 #REALCOLLEGE - BIS IS THE ORGANIZATIONAL HOME OF THE #REAL COLLEGE MOVEMENT, A NATIONAL EFFORT TO RAISE AWARENESS OF BASIC NEEDS INSECURITY AMONG COLLEGE STUDENTS AND REDEFINE WHAT IT MEANS TO BE A STUDENT-READY COLLEGE. THE ORGANIZATION DEVELOPS EDUCATIONAL TOOLS AND RESOURCES TO EDUCATE AND EMPOWER FACULTY, STAFF, AND ADMINISTRATORS IN HIGHER EDUCATION TO DEVELOP AND EXECUTE STRATEGIES TO BETTER ADDRESS STUDENTS' BASIC NEEDS IN A WAY THAT WILL INCREASE PERSISTENCE AND GRADUATION. IN 2024, BIS LAUNCHED THE FIRST FOUR COURSES IN THE #REALCOLLEGE CURRICULUM, ON ONLINE RESOURCE FOR EDUCATORS TO BETTER UNDERSTAND WHY BASIC NEEDS INSECURITY EXISTS AND HOW TO ADDRESS IT TO BE USED BY NEARLY 100 FACULTY, STAFF, AND HIGHER EDUCATION ADMINISTRATORS. 225446 GREAT LAKES CONSORTIUM - THE GREAT LAKES FAST FUND CONSORTIUM IS MADE UP OF SIX FAST FUND SITES IN ILLINOIS AND WISCONSIN WHO HAVE FORMED A COLLABORATION TO PURSUE SYSTEMIC CHANGE. BELIEVE IN STUDENTS HAS LED THIS GROUP TO RUN A PAID STUDENT FELLOWSHIP TO TRAIN AND SUPPORT IMPACTED STUDENTS TO SERVE AS LEADERS IN THIS WORK, AND ORGANIZE FACULTY, STAFF, AND STUDENTS TO ADVOCATE FOR CAMPUS POLICY AND PRACTICE CHANGES. IN 2024, THE ORGANIZATION SUPPORTED 22 STUDENT FELLOWS (10 IN SPRING, 12 IN FALL) AS THEY DEVELOPED SKILLS; BUILT RELATIONSHIPS AMONG FACULTY, STAFF, AND STUDENTS; AND CREATED COALITIONS AMONG OTHER STUDENT GROUPS. 137788 FAST FUND NETWORK - THE FAST FUND IS THE ORGANIZATION'S FLAGSHIP PROGRAM, WHERE SMALL-DOLLAR, FLEXIBLE EMERGENCY AID GRANTS ARE PROVIDED TO STUDENTS TO ADDRESS IMMEDIATE BASIC NEEDS CHALLENGES THAT THREATEN THEIR ABILITY TO STAY IN SCHOOL. THE ORGANIZATION DOES THIS BY ORGANIZING A NETWORK OF FACULTY ON CAMPUSES ACROSS THE COUNTRY WHO SERVE AS VOLUNTEER PROGRAM LEADERS TO ENGAGE FACULTY, STAFF, AND IMPACTED STUDENTS IN ADDRESSING STUDENT BASIC NEEDS INSECURITY, INCLUDING DISSEMINATING EMERGENCY GRANTS FROM FUNDS RAISED THROUGH BIS AND OTHERS. IN 2024, BIS COORDINATED AND SUPPORTED 30 FAST FUND LEADERS ACROSS THE COUNTRY TO RAISE AND DISTRIBUTE $771,545 TO 2,384 STUDENTS. THIS IS A 21% INCREASE IN STUDENTS SERVED, AND A 43% INCREASE IN FUNDS DISTRIBUTED OVER THE PRIOR YEAR. THE ORGANIZATION HAS MADE INVESTMENTS IN IMPROVING THE INFRASTRUCTURE OF SUPPORTS IT PROVIDES TO THE VOLUNTEER FAST FUND LEADERS, FOCUSED ON INCREASING EFFICIENCY FOR VOLUNTEER LEADERS AND IMPROVING THEIR ABILITY TO RAISE LOCAL FUNDS. 8690 GATHER FOOD HALL IS A SOCIAL ENTERPRISE TO COMBAT FOOD INSECURITY AMONG COLLEGE STUDENTS BY UTILIZING A PAY-WHAT-YOU-CAN MODEL THAT PROVIDES VOUCHERS FOR STUDENTS WHO NEED EXTRA SUPPORT AND HELPING THE COMMUNITY BETTER UNDERSTAND THESE ISSUES. BIS HAS BEEN WORKING WITH A GROUP OF PARTNERS TO IDENTIFY PEOPLE WHO WOULD OWN AND OPERATE THE FOOD HALL, WHILE THE ORGANIZATION WOULD FOCUS ON THE SOCIAL MISSION OF ADDRESSING COLLEGE FOOD INSECURITY AS A NONPROFIT PARTNER TO THE EFFORT. 2024 WAS A MILESTONE YEAR, AS AN AGREEMENT WAS REACHED FOR THE FOOD HALL TO BE BUILT BY BRANDYWINE REALTY AND OPERATED BY HOSPITALITY HQ, BROUGHT TOGETHER A SERIES OF PARTNERS TO HELP LEARN FROM PAST FAILURES IN MODELS LIKE THIS, AND GENERATE A CONCEPT THAT CAN BE SUSTAINABLE WHILE ADDRESSING THE SOCIAL GOOD. THE ORGANIZATION BEGAN FOCUSING ON ESTABLISHING THE PROGRAM OF PROVIDING MEALS, THE EDUCATIONAL CAMPAIGN TO EDUCATE GATHER'S PATRONS ABOUT THESE ISSUES, AND RAISING FUNDS TO SUPPORT STUDENT MEALS. 8690 618413 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 1 6 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 AR CA CT DE DC FL IL IN IA MD MA MI MN MT MN MT NE NJ NC OH OR PA RI TX UT WA WI WY HI X TRACI KIRTLEY 2672254845 1939 FAIRMOUNT AVENUE PO BOX 56024 PHILADELPHIA PA 19130 JESSE THOMPSON BOARD VICE CHAIR (UNTIL 12.12.24); BOARD CHAIR (AS 0.50 X 0 0 0 RICHARD BINSWANGER BOARD CHAIR (UNTIL 12.12.24); BOARD MEMBER 0.33 X X 0 0 0 BILL KIOLBASA BOARD MEMBER 0.33 X 0 0 0 DR ELIZABETH VAQUERA BOARD MEMBER 0.33 X 0 0 0 KRISTEN DURKIN BOARD MEMBER 0.33 X 0 0 0 LIZ MURPHY BOARD MEMBER 0.33 X 0 0 0 MARK HAYS BOARD TREASURER 0.50 X 0 0 0 RENE BRYCE-LAPORTE BOARD MEMBER 0.30 X 0 0 0 STEPHANIE OWENS BOARD MEMBER 0.33 X 0 0 0 TRACI KIRTLEY EXECUTIVE DIRECTOR 50.00 X X 112940 0 14530 112940 0 14530 1 0 0 0 0 33323 1041846 1075169 7679 7679 1082848 0 0 7679 112940 99815 5754 7371 264481 233747 13474 17260 40218 34122 3548 2548 29294 26056 1238 2000 20011 2545 17466 19536 19536 150 150 49171 22500 26671 9284 277 8674 333 3300 3300 5372 4677 695 1689 1689 STIPENDS 96894 96894 STUDENT DISTRIBUTIONS 85335 85335 MARKETING 21886 10800 11086 PRODUCTION COSTS 3124 1495 1629 762685 618413 88089 56183 73338 14420 38921 33692 50000 291966 10000 10000 11364 11035 140604 258637 324227 619750 38011 12868 38011 12868 X 74237 -20314 211979 627196 286216 606882 324227 619750 320163 503 0 X 0 1 X 1 0 X 3797444 449619 409829 438761 1082698 6178351 9408 9408 3797444 449619 409829 448169 1082698 6187759 2620328 210000 24190 2854518 0 2620328 210000 24190 2854518 3333241 5691 4426 6463 9408 7529 33517 5691 4426 6463 9408 7529 33517 15038 150901 165939 3803135 469083 567193 457577 1090227 6387215 0.52190 0.43510 0.00520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1083201 503 503 1082698 150 150 1082848 762535 0 762535 150 150 762685 PART X, LINE 2: BIS IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM THE PAYMENT OF FEDERAL INCOME TAXES, OTHER THAN NET UNRELATED BUSINESS INCOME TAXES, UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE (IRC) AND IS RECOGNIZED AS SUCH BY THE INTERNAL REVENUE SERVICE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. BIS PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2024, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2021 THROUGH 2024 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION AND THE VARIOUS STATE AND LOCAL JURISDICTIONS IN WHICH BIS FILES TAX RETURNS. IT IS BIS'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS INCOME TAX EXPENSE IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS AND MAKES A RECOMMENDATION FOR APPROVAL TO THE FULL BOARD. THE DRAFT 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH PERSON SUBMITS A CONFLICT OF INTEREST STATEMENT, WHICH IS REVIEWED BY THE BOARD CHAIR. THE CHAIR SHALL REPORT THE RESULTS OF THE ANNUAL DISCLOSURE STATEMENTS TO THE BOARD AT ITS ANNUAL MEETING. IN ADDITION, IF ANY COVERED PERSON HAS A DIRECT OR INDIRECT INTEREST IN ANY PROPOSED CONTRACT, TRANSACTION, OR OTHER ARRANGEMENT INVOLVING THE CORPORATION, THE COVERED PERSON MUST DISCLOSE THE INTEREST TO THE BOARD OR COMMITTEE AUTHORIZING THE CONTRACT, TRANSACTION, OR OTHER ARRANGEMENT, AND THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE INTEREST CONSTITUTES A CONFLICT OF INTEREST PRIOR TO TAKING ANY ACTION. FORM 990, PART VI, SECTION B, LINE 15A BIS'S COMPENSATION OF IT'S EXECUTIVE DIRECTOR WAS REVIEWED BY A GROUP OF INDEPENDENT INDIVIDUALS. THE GROUP REVIEWED COMPARABILITY DATA AND GUIDESTAR PARAMETERS OF OTHER SIMILAR ORGANIZATIONS TO FIND THE APPROPRIATE RANGE. THE DELIBERATION AND APPROVAL OF THE BOARD WAS DOCUMENTED IN BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL RECORDS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.