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Passes our checks

Bousd Financing Corporation

EIN 33-0626247 · Brea, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceNot ratedThe short tax form does not cover thisImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

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.

Income
$0
Spending
$0

Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.

Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. 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.
  2. FACILITATED THE 1994 AND 2002 COP REFUNDS BY OFFERING A LEASE AND LEASEBACK STRUCTURE THAT AIDED IN THE MARKETING AND INSURING OF THE REFUNDED CERTIFICATES OF PARTICIPATION THEREBY ALLOWING THEIR ISSUANCE. THE 2002 COPS WILL BE PAID OFF IN AUGUST 2026.

Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1995.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.