BUILDING FOR THE FUTURE INC: Form 990EZ, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
BUILDING FOR THE FUTURE INC (EIN 13-4078657)
Tax period
2022-01-01 to 2022-05-04
Filed
2023-03-15
IRS object ID
202340749349200439
Schema version
2022v4.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-03-15T11:57:45-05:00ReturnTs
Tax Period End2022-05-04TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN873231666PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1245 PARK AVENUE 12TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10167ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN134078657EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BUILDING FOR THE FUTURE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBUILBusinessNameControlTxt
Phone2128686710PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 HANOVER SQUARE 9TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10004ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAISHA BENSONPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone2124574700PhoneNum
Signature2023-03-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstAISHAPersonFirstNm
Person LastBENSONPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEVA MRUKPreparerPersonNm
PTINP00543254PTIN
Phone2122862600PhoneNum
Preparation2023-03-15PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Final ReturnYes (X)FinalReturnInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressN/AWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$0GrossReceiptsAmt
Total Revenue$0TotalRevenueAmt
Total Expenses$0TotalExpensesAmt
Excess Or Deficit For Year$0ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$0NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$0NetAssetsOrFundBalancesEOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTO HELP OTHER NONPROFIT ORGANIZATIONS PLAN FOR THEIR LONG TERM NEEDS, PERFORM ONGOING PREVENTIVE MAINTENANCE, BUILD RESERVES AND HELP OTHER ORGANIZATIONS MANAGE PHYSICAL ASSETS EFFICIENTLY AND TO SUPPORT THEIR OPERATIONS.ALL PROGRAMMATIC ACTIVITIES CONCLUDED 12/31/2018. THE ORGANIZATION DISSOLVED MAY 4, 2022.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomALL PROGRAMMATIC ACTIVITIES CONCLUDED 12/31/2018. THE ORGANIZATION DISSOLVED MAY 4, 2022.DescriptionProgramSrvcAccomTxt
Grants And Allocations$0GrantsAndAllocationsAmt
Program Service Expenses$0ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$0TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (7 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
NIKE IRVIN
CHAIR0.01$0$0$0
CHRIS IGLESIAS
VICE CHAIR0.01$0$0$0
TRELLA WALKER
DIRECTOR/PRESIDENT0.01$0$0$0
PHILLIP CLAY
DIRECTOR0.01$0$0$0
KRISTINA DIXON
DIRECTOR0.01$0$0$0
RODNEY FOXWORTH
DIRECTOR0.01$0$0$0
ALIK HINCKSON
INTERIM CFO0.01$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved EtcYes (1)OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonAISHA BENSON CO NONPROFIT FINANCEPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 HANOVER SQUARE 9TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10004ZIPCd
FieldValueIRS element (for citing)
Phone2124574700PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1NONPROFIT FINANCE FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN133238657EIN
Organization Type7OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$0SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 12(G)(V):FormAndLineReferenceDesc
ExplanationALL PROGRAMMATIC ACTIVITIES CONCLUDED 12/31/2018. THE ORGANIZATION DISSOLVED MAY 4, 2022.ExplanationTxt

Schedule N IRS990ScheduleN

Liquidation Of Assets Table LiquidationOfAssetsTableGrp

Liquidation Of Assets Detail LiquidationOfAssetsDetail (9 entries)

Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDescDistributionDistributionDtFair Market Value Of AssetFairMarketValueOfAssetAmtMethod Of FMV DeterminationMethodOfFMVDeterminationTxtEINEINAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdIRC SectionIRCSectionTxt
AFFIRMATIONS
CASH ACCOUNTS - CONTRIBUTIONS TO OTHER NFP ORG.2018-12-31$24,000CASH DISBURSEMENTS382882823290 W NINE MILE ROADFERNDALEMI48220501(C)(3)
ALTERNATIVES FOR GIRLS
CASH ACCOUNTS - CONTRIBUTIONS TO OTHER NFP ORG.2018-12-31$2,000CASH DISBURSEMENTS382766412903 W GRAND BLVDDETROITMI48208501(C)(3)
BIRMINGHAM BLOOMFIELD ART CENTER
CASH ACCOUNTS - CONTRIBUTIONS TO OTHER NFP ORG.2018-12-31$64,000CASH DISBURSEMENTS3817176311516 S CRANBROOK RDBIRMINGHAMMI48009501(C)(3)
JUDSON CENTER
CASH ACCOUNTS - CONTRIBUTIONS TO OTHER NFP ORG.2018-12-31$51,269CASH DISBURSEMENTS3813590844410 W THIRTEEN MILE RDROYAL OAKMI48073501(C)(3)
MICHIGAN HUMANE SOCIETY
CASH ACCOUNTS - CONTRIBUTIONS TO OTHER NFP ORG.2018-12-31$39,000CASH DISBURSEMENTS38135820630300 TELEGRAPH ROAD SUITE 220BINGHAM FARMSMI48025501(C)(3)
SERVICES TO ENHANCE POTENTIAL
CASH ACCOUNTS - CONTRIBUTIONS TO OTHER NFP ORG.2018-12-31$79,695CASH DISBURSEMENTS2372897632941 S GULLEY RDDEARBORNMI48124501(C)(3)
STARR COMMONWEALTH
CASH ACCOUNTS - CONTRIBUTIONS TO OTHER NFP ORG.2018-12-31$136,000CASH DISBURSEMENTS38135959313725 STARR COMMONWEALTH RDALBIONMI49224501(C)(3)
WAYNE- METROPOLITAN COMMUNITY ACTION
CASH ACCOUNTS - CONTRIBUTIONS TO OTHER NFP ORG.2018-12-31$77,000CASH DISBURSEMENTS3819769797310 WOODWARD AVENUE SUITE 800DETROITMI48202501(C)(3)
NONPROFIT FINANCE FUND
OTHER ASSET - DUE FROM AFFILIATE: ADJUSTMENT TO INTERCOMPANY RECEIVABLE2018-12-31$386,252ASSET TRANSFER1332386575 HANOVER SQUARE 9TH FLOORNEW YORKNY10004501(C)(3)
FieldValueIRS element (for citing)
Director Of SuccessorYes (1)DirectorOfSuccessorInd
Employee Of SuccessorYes (1)EmployeeOfSuccessorInd
Owner Of Successor0OwnerOfSuccessorInd
Receive Compensation0ReceiveCompensationInd
Assets DistributedYes (1)AssetsDistributedInd
Required To Notify AGYes (1)RequiredToNotifyAGInd
Attorney General NotifiedYes (1)AttorneyGeneralNotifiedInd
Liabilities PaidYes (1)LiabilitiesPaidInd
Bonds Outstanding0BondsOutstandingInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2E:PERSON(S) INVOLVED: (A) NIKE IRVIN, PHILIP CLAY, RODNEY FOXWORTH, GEORGETTE WONG(B) TRELLA WALKER, ALIK HINCKSON
PART I, LINE 2E:EXPLANATION OF INVOLVEMENT: (A) THE ABOVE DIRECTORS ARE ALSO DIRECTORS OF THE TRANSFEREE ORGANIZATION, NONPROFIT FINANCE FUND(B) THE ABOVE DIRECTORS ARE ALSO EMPLOYEES OF THE TRANSFEREE ORGANIZATION, NONPROFIT FINANCE FUND
SCHEDULE N, PART I:THE ORGANIZATION WAS A SUPPORTING ORGANIZATION TO NONPROFIT FINANCE FUND (NFF). ITS CHARITABLE PURPOSE WAS TO SUPPORT NFF BY HELPING OTHER NONPROFIT ORGANIZATIONS BUILD AND MANAGE THEIR ASSETS AND SUPPORT THEIR OPERATIONS VIA GRANT AND LOAN FUNDING, AND TECHNICAL ASSISTANCE. AS OF 12/31/2018, THE ORGANIZATION HAD NO ASSETS OR LIABILITIES. DURING 2018, ALL REMAINING FUNDS OF THE ORGANIZATION WERE GRANTED TO OTHER NONPROFIT ORGANIZATIONS, AND THE ORGANIZATION WAS INACTIVE SINCE THAT DATE. NO OFFICERS, DIRECTORS, OR KEY EMPLOYEES OF BUILDING FOR THE FUTURES, INC. BECAME A DIRECTOR, TRUSTEE, EMPLOYEE, OR INDEPENDENT CONTRACTOR OF ANY OF THE 2018 GRANTEE/TRANSFEREE ORGANIZATIONS.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.DeclarationDesc

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