BUSINESSES UNITED IN INVESTING LENDING AND DEVELOPMENT: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- BUSINESSES UNITED IN INVESTING LENDING AND DEVELOPMENT (EIN 94-3386695)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-02-15
- IRS object ID
- 201720489349301127
- Schema version
- 2015v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-02-15T00:00:00-06:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 946214841 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Armanino LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12657 Alcosta Blvd | AddressLine1Txt |
| City | San Ramon | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 945834600 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 943386695 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Business United in Investing Lending & | BusinessNameLine1Txt |
| Business Name Line2 | Development | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BUSI | BusinessNameControlTxt |
| Phone | 6506885840 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2385 Bay Rd | AddressLine1Txt |
| City | Redwood City | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94063 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Suzanne McKechnie Klahr | PersonNm |
| Person Title | CEO & Founder | PersonTitleTxt |
| Phone | 6506885840 | PhoneNum |
| Signature | 2017-02-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Katy Brown | PreparerPersonNm |
| PTIN | P00650274 | PTIN |
| Phone | 9257902600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUILD | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Suzanne McKechnie Klahr | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2385 Bay Rd | AddressLine1Txt |
| City | Redwood City | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94063 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $13,304,632 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.build.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1999 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | BUILD's mission is to use entrepreneurship to excite and propel low-income, disengaged youth through high school to college success. BUILD is committed to helping disadvantaged youth in America's most underserved communities gain the knowledge and ability to persevere in college and beyond. While academic proficiency is necessary, it is not sufficient to prepare students for college and their careers. The missing piece is for our youth to acquire 21st century skills - critical thinking and problem-solving, self-directed learning and collaboration - All of which are best learned through a hands-on, real-life experience like starting a business. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 187 | TotalEmployeeCnt |
| Total Volunteers | 1317 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $9,302,362 | PYContributionsGrantsAmt |
| CY Contributions Grants | $12,422,056 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $40,047 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $72,250 | CYProgramServiceRevenueAmt |
| PY Investment Income | $468 | PYInvestmentIncomeAmt |
| CY Investment Income | -$3,702 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$442,775 | PYOtherRevenueAmt |
| CY Other Revenue | -$556,099 | CYOtherRevenueAmt |
| PY Total Revenue | $8,900,102 | PYTotalRevenueAmt |
| CY Total Revenue | $11,934,505 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $101,224 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $76,187 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,265,678 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,259,197 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,346,226 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,330,524 | PYOtherExpensesAmt |
| CY Other Expenses | $2,747,842 | CYOtherExpensesAmt |
| PY Total Expenses | $8,697,426 | PYTotalExpensesAmt |
| CY Total Expenses | $10,083,226 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $202,676 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,851,279 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,553,726 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,546,301 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $339,466 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $480,762 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,214,260 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,065,539 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | BUILD's mission is to use entrepreneurship to excite and propel low-income, disengaged youth through high school to college success. BUILD is committed to helping disadvantaged youth in America's most underserved communities gain the knowledge and ability to persevere in college and beyond. While academic proficiency is necessary, it is not sufficient to prepare students for college and their careers. The missing piece is for our youth to acquire 21st century skills, critical thinking and problem-solving, self-directed learning and collaboration - All of which are best learned through a hands-on, real-life experience like starting a business. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,455,873 | ExpenseAmt |
| Revenue | $59,079 | RevenueAmt |
| Desc | Entrepreneurs 1 (E1) - Freshman Year - Planning a business. Freshmen enroll in rigorous, credit bearing class for the entire academic year. Students learn the tenets of time management, goal setting and professional communication etiquettes. In teams of 3-5 members, students develop comprehensive 20-30 page business plans based on ideas they create. The year culminates with participation in BUILD'S Youth Business Plan Competition held at university graduate schools of business in our three regions. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,718,270 | ExpenseAmt |
| Desc | Entrepreneurs 2 (E2) - Sophomore Year - Running a business. Sophomores meet after school for up to 6 hours per week, for the entire academic year. In BUILD's Youth Business and Academic Incubator, they begin to operate small businesses while learning negotiation, business ethics, venture capital, and more. Teams are assigned Venture Capital Advisors, who act on BUILD's behalf to finance student business with funding from BUILD. Simultaneously, sophomores receive academic coaching, advising and tutoring to ensure they get on track to graduate high school eligible for college. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $824,683 | ExpenseAmt |
| Desc | Entrepreneurs 3 (E3) - Junior Year - Preparing for college. Juniors meet after school and are trained on advanced topics relating to college selection. Students continue to operate their businesses, but now focus more on developing college readiness skills so they will be prepared to attend the college of their choice. In preparation for college, students are trained on essay writing, interviewing, financial aid, and standardized testing. To assist students in the college selection process, BUILD staff members accompany students on college tours in various parts of the country. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,306,627 | ExpenseAmt |
| Grant | $76,187 | GrantAmt |
| Desc | Entrepreneurs 4 (E4) - Senior Year - Selecting and applying for college. Seniors work with BUILD mentors and staff to identify their schools, write and prepare college admission essays and applications, and package their BUILD experience into a portfolio. Students continue to hone their interviewing and presentation skills, in preparation for communicating with college admissions officers. When possible, BUILD assists in arranging for communicating with local BUILD alumni. BUILD staff provides students' parents with information about scholarships and financial aid resources through workshops and meetings. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $2,306,627 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $76,187 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $7,305,453 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 55 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 187 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Angelica Juarez | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6506314971 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2385 Bay Rd | AddressLine1Txt |
| City | Redwood City | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94063 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| David Marston | |||||||
| Chairman | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Ajay Agarwal | |||||||
| Board Treasurer | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Jean Kovacs | |||||||
| Board Secretary | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| David Bohigian thru 6116 | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Doug Brien | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Emily Chang | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Brian Cohen | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jack Dorsey thru 6116 | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Liane Hornsey thru 6116 | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Karl Jacob | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mike O'Brien | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Joanna Rees | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Baratunde Thurston | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Suzanne M Klahr | |||||||
| CEO & Founder | 50.00 | Yes (X) | Yes (X) | $233,000 | $0 | $16,507 | |
| Charles Salter | |||||||
| President | 50.00 | Yes (X) | $223,500 | $0 | $13,347 | ||
| Christopher Brown | |||||||
| VP of Original Mgmt. | 50.00 | $157,794 | $0 | $9,332 | Yes (X) | ||
| Judy Madden | |||||||
| VP of Programs and Eval. | 50.00 | $150,152 | $0 | $0 | Yes (X) | ||
| Ayele Shakur | |||||||
| Regional Executive Director | 50.00 | $121,979 | $0 | $12,297 | Yes (X) | ||
| Angelica Juarez | |||||||
| Senior Director of Finance | 50.00 | $115,405 | $0 | $8,895 | Yes (X) | ||
| Bryce Jacobs | |||||||
| Regional Executive Director | 50.00 | $116,604 | $0 | $3,434 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,118,434 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $63,812 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Accenture LLP | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 161 North Clark | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Feasibility studies for national growth | ServicesDesc |
| Compensation | $150,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $2,412,595 | FundraisingAmt |
| Government Grants | $310,139 | GovernmentGrantsAmt |
| All Other Contributions | $9,699,322 | AllOtherContributionsAmt |
| Noncash Contributions | $706,447 | NoncashContributionsAmt |
| Total Contributions | $12,422,056 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Program Service Fees | 900099 | $39,000 | $39,000 |
| Other Program Revenue | 900099 | $33,250 | $33,250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $72,250 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,402 | TotalRevenueColumnAmt |
| Exclusion | $2,402 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $673,697 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $679,530 | SecuritiesAmt |
| Other | $271 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$5,833 | SecuritiesAmt |
| Other | -$271 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$6,104 | TotalRevenueColumnAmt |
| Exclusion | -$6,104 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $147,398 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $2,412,595 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $690,326 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$542,928 | TotalRevenueColumnAmt |
| Exclusion | -$542,928 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Incubator Income | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | -$13,171 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$13,171 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$13,171 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,934,505 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $59,079 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$546,630 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,187 | TotalAmt |
| Program Services | $76,187 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $568,709 | TotalAmt |
| Program Services | $318,477 | ProgramServicesAmt |
| Management And General | $139,334 | ManagementAndGeneralAmt |
| Fundraising | $110,898 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,562,329 | TotalAmt |
| Program Services | $4,489,108 | ProgramServicesAmt |
| Management And General | $372,741 | ManagementAndGeneralAmt |
| Fundraising | $700,480 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $642,817 | TotalAmt |
| Program Services | $504,058 | ProgramServicesAmt |
| Management And General | $52,433 | ManagementAndGeneralAmt |
| Fundraising | $86,326 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $485,342 | TotalAmt |
| Program Services | $380,575 | ProgramServicesAmt |
| Management And General | $40,601 | ManagementAndGeneralAmt |
| Fundraising | $64,166 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,971 | TotalAmt |
| Management And General | $31,971 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $806,996 | TotalAmt |
| Program Services | $202,189 | ProgramServicesAmt |
| Management And General | $448,438 | ManagementAndGeneralAmt |
| Fundraising | $156,369 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,090 | TotalAmt |
| Program Services | $20,297 | ProgramServicesAmt |
| Management And General | $25 | ManagementAndGeneralAmt |
| Fundraising | $21,768 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,769 | TotalAmt |
| Program Services | $38,288 | ProgramServicesAmt |
| Management And General | $6,391 | ManagementAndGeneralAmt |
| Fundraising | $2,090 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $621,871 | TotalAmt |
| Program Services | $519,459 | ProgramServicesAmt |
| Management And General | $33,439 | ManagementAndGeneralAmt |
| Fundraising | $68,973 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $350,014 | TotalAmt |
| Program Services | $205,473 | ProgramServicesAmt |
| Management And General | $94,515 | ManagementAndGeneralAmt |
| Fundraising | $50,026 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $312,294 | TotalAmt |
| Program Services | $182,327 | ProgramServicesAmt |
| Management And General | $106,165 | ManagementAndGeneralAmt |
| Fundraising | $23,802 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,398 | TotalAmt |
| Program Services | $81,193 | ProgramServicesAmt |
| Management And General | $9,220 | ManagementAndGeneralAmt |
| Fundraising | $15,985 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,525 | TotalAmt |
| Program Services | $16,161 | ProgramServicesAmt |
| Management And General | $5,528 | ManagementAndGeneralAmt |
| Fundraising | $2,836 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Supplies | $197,415 | $161,319 | $28,165 | $7,931 |
| Telephone | $68,164 | $48,008 | $10,666 | $9,490 |
| Printing & Publication | $43,844 | $27,516 | $3,019 | $13,309 |
| Dues and Subscriptions | $29,759 | $8,126 | $16,896 | $4,737 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,732 | TotalAmt |
| Program Services | $26,692 | ProgramServicesAmt |
| Management And General | $32,000 | ManagementAndGeneralAmt |
| Fundraising | $7,040 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,083,226 | TotalAmt |
| Program Services | $7,305,453 | ProgramServicesAmt |
| Management And General | $1,431,547 | ManagementAndGeneralAmt |
| Fundraising | $1,346,226 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $418,697 | BOYAmt |
| EOY | $3,044,127 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,573,559 | BOYAmt |
| EOY | $839,924 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,322,310 | BOYAmt |
| EOY | $1,447,881 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,650 | BOYAmt |
| EOY | $8,393 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $613,074 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $461,952 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $190,356 | BOYAmt |
| EOY | $151,122 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,154 | BOYAmt |
| EOY | $54,854 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,553,726 | BOYAmt |
| EOY | $5,546,301 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $339,466 | BOYAmt |
| EOY | $480,762 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $339,466 | BOYAmt |
| EOY | $480,762 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,701,927 | BOYAmt |
| EOY | $3,202,912 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,512,333 | BOYAmt |
| EOY | $1,862,627 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,214,260 | BOYAmt |
| EOY | $5,065,539 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,553,726 | BOYAmt |
| EOY | $5,546,301 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,851,279 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,743,411 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,483,898 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,801,054 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,302,362 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,422,056 | CurrentTaxYearAmt |
| Total | $41,752,781 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,743,411 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,483,898 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,801,054 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,302,362 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,422,056 | CurrentTaxYearAmt |
| Total | $41,752,781 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $6,369,855 | SubstantialContributorsTotAmt |
| Public Support Total170 | $35,382,926 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,568 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $559 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $617 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,419 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,402 | CurrentTaxYearAmt |
| Total | $29,565 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $41,782,346 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $120,503 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.84680 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99910 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $226,126 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $26 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,000 | OtherExpendituresAmt |
| Administrative Expenses | $150 | AdministrativeExpensesAmt |
| End Year Balance | $221,002 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $223,253 | BeginningYearBalanceAmt |
| Contributions | $5,000 | ContributionsAmt |
| Investment Earnings Or Losses | $23 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,000 | OtherExpendituresAmt |
| Administrative Expenses | $150 | AdministrativeExpensesAmt |
| End Year Balance | $226,126 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $217,431 | BeginningYearBalanceAmt |
| Contributions | $9,945 | ContributionsAmt |
| Investment Earnings Or Losses | $27 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,000 | OtherExpendituresAmt |
| Administrative Expenses | $150 | AdministrativeExpensesAmt |
| End Year Balance | $223,253 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $210,411 | BeginningYearBalanceAmt |
| Contributions | $10,148 | ContributionsAmt |
| Investment Earnings Or Losses | $22 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,000 | OtherExpendituresAmt |
| Administrative Expenses | $150 | AdministrativeExpensesAmt |
| End Year Balance | $217,431 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $192,323 | BeginningYearBalanceAmt |
| Contributions | $21,218 | ContributionsAmt |
| Investment Earnings Or Losses | $20 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,000 | OtherExpendituresAmt |
| Administrative Expenses | $150 | AdministrativeExpensesAmt |
| End Year Balance | $210,411 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $104,899 | OtherCostOrOtherBasisAmt |
| Depreciation | $86,377 | DepreciationAmt |
| Book Value | $18,522 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $396,910 | OtherCostOrOtherBasisAmt |
| Depreciation | $284,405 | DepreciationAmt |
| Book Value | $112,505 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $111,265 | OtherCostOrOtherBasisAmt |
| Depreciation | $91,170 | DepreciationAmt |
| Book Value | $20,095 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $151,122 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $12,379,322 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $444,817 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $444,817 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,934,505 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $11,934,505 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $10,528,043 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $444,817 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $444,817 | ExpensesNotReportedAmt |
| Expenses Subtotal | $10,083,226 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $10,083,226 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | The organization's policy is to build the endowment and only to pay out for William Lazier Scholarships each year out of its board designated endowment. Annually, additional funds are deposited into the account to offset these scholarship payments to ensure the organization protects and grows the principle investment. In establishing this policy, the organization considered the long term expected return on its endowment. Accordingly, over the long term, the organization expects to grow the general endowment fund at an average conservative return of 1% to 3% annually. This is consistent with the organization's objective to maintain the purchasing power of the endowment assets as well as to provide modest returns on investment with the goal of capital preservation. |
| Part X, Line 2 | Businesses United in Investing, Lending and Development is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and exempt from state income taxes under various state codes and statues of California, Massachusetts, Maryland, Virginia, New York, Pennsylvania and Washington D.C.. Accordingly, no provision for income taxes has been made in the accompanying statements. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | National Gala | Event1Nm |
| Gross Receipts Event1 | $1,628,248 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,557,661 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $70,587 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $55,144 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $123,192 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $34,690 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $247,886 | OtherDirectExpensesEvent1Amt |
| Event2 | Boston Gala | Event2Nm |
| Gross Receipts Event2 | $442,632 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $416,334 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $26,298 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $30,000 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $45,577 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $29,015 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 5 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $489,113 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $438,600 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $50,513 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $20,450 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $4,826 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $4,420 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $95,126 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $2,559,993 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $2,412,595 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $147,398 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $105,594 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $173,595 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $39,110 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $372,027 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $690,326 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$542,928 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|
| Business Plan Competition Awards & Dividend Awards | 104 | $7,894 | Competition Awards |
| Build College Scholarship | 161 | $60,418 | Scholarship |
| Lazier Scholarship | 4 | $4,000 | Scholarship |
| Youth Team Business Funding | 113 | $3,875 | Incubator Team Funding |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | BUILD provides scholarships to qualified students who participate in the program. Each student is required to complete an application and meet certain criteria before receiving the scholarship. BUILD also provides awards to student teams participating in the program in order for the team to explore and experience our program/curriculum. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Suzanne M Klahr | ||||||||||||||
| CEO & Founder | $195,000 | $0 | $38,000 | $0 | $0 | $0 | $3,983 | $0 | $12,524 | $0 | $249,507 | $0 | $0 | $0 |
| Charles Salter | ||||||||||||||
| President | $195,000 | $0 | $28,500 | $0 | $0 | $0 | $4,275 | $0 | $9,072 | $0 | $236,847 | $0 | $0 | $0 |
| Christopher Brown | ||||||||||||||
| VP of Original Mgmt. | $140,994 | $0 | $16,800 | $0 | $0 | $0 | $0 | $0 | $9,332 | $0 | $167,126 | $0 | $0 | $0 |
| Judy Madden | ||||||||||||||
| VP of Programs and Eval. | $143,152 | $0 | $7,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $150,152 | $0 | $0 | $0 |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $9,873 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 8 | ContributionCnt |
| Noncash Contributions Rpt F990 | $679,530 | NoncashContributionsRptF990Amt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $791 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 11 | ContributionCnt |
| Noncash Contributions Rpt F990 | $6,544 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Auction Supplies | Desc |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $9,709 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Column (b): | FormAndLineReferenceDesc |
| Explanation | The number reported in column (b) represents the number of contributors. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11 | Copies of the completed form 990 are forwarded to all board members. The managing director reviews key areas with the board before the form is finalized and filed. |
| Form 990, Part VI, Section B, line 12c | THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ON AN ANNUAL BASIS. |
| Form 990, Part VI, Section B, line 15 | The Board President reviews the CEO's compensation and any changes in the CEO's salary must be approved by the organization's board of directors. The human resources manager reviews all staff positions and salaries on an annual basis. During the survey three independent data sources are reviewed: Payscale, Guidestar and Northern California Survey for Non-profits. The compensation data is then reviewed with the Managing Director. |
| Form 990, Part VI, Section C, line 19 | The governing documents and conflict of interest policy is available upon request. The organization's audited financial statements and Form 990 is available on BUILD's website. Information is also available on GUIDESTAR website. |
| Form 990, Part XII, Line 2c: | The process has not changed from the prior year. |