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BLCS PROPERTY HOLDING COMPANY INC
BRONX, NY · EIN 450900484 · Form 990EZ · FY2021 · Micro (<$100K)
revenue
$0
expenses
$57K
net assets
$0
employees
—
program ratio
100%
mission · from form 990

BPHC WAS CREATED TO HOLD REAL ESTATE TO BE USED BY PHAROS ACADEMY CHARTER SCHOOL (FORMERLY KNOWN AS BRONX LIGHTHOUSE CHARTER SCHOOL). BPHC WAS DISSOLVED IN DECEMBER 2021 AND THE REMAINING ASSETS WERE TRANSFERRED TO THE CHARTER SCHOOL

profile · synthesized from sources

BLCS Property Holding Company Inc was a New York-based entity established to hold real estate for use by Pharos Academy Charter School, formerly known as Bronx Lighthouse Charter School. The organization was dissolved in December 2021, at which point its remaining assets were transferred to the charter school. It did not engage in ongoing programs or services beyond its real estate holding function.

activities · 2 groups

What they do

  • Nonprofit Real Estate Holding 1 activity
    • Hold real estate for use by Pharos Academy Charter School
      Held real estate for use by Pharos Academy Charter School until dissolution in December 2021.
  • Uncategorized 1 activity
    • Transfer remaining assets to Pharos Academy Charter School
      Transferred remaining assets to Pharos Academy Charter School following dissolution in December 2021.
financials · form 990EZ · fy2021
revenue
Total revenue$0
Contributions & grants——
Program service revenue——
Investment income——
Other revenue—
expenses
Total expenses$57K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits—
Grants paid out$57K
Largest expense lineProfessional Fees
balance sheet
Total assets$0
Cash$480K
Investments$0
Liabilities$0
Net assets$0
Liquid reserves20014.3 mo
3 years on record · 2019–2021 · YoY revenue -100.0%
relationships · 1

Who they work with

  • Pharos Academy Charter School Partner — Partner organization for which real estate was held and to which assets were transferred upon dissolution
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.