2023-11-15T18:26:37-06:00 2022-12-31 BDO USA 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990PF 2022-01-01 200367954 Building Hope Finance % TIM MERRITT VP OF FINANCE BUIL 2024571995 1776 Eye St NW Suite 200 Washington DC 20006 TIM MERRITT VP of FINANCE 2024571995 2023-11-14 true TIM MERRITT 999009999 Jacob Cook P01240455 7038930600 2 2022 2023-04-26 12:10:37Z X 123597068 X 0 X 3547702 3547702 3547702 4662908 0 3166305 8210610 3547702 6714007 805846 166091 166091 639756 927045 92140 92140 834906 105697 15847 15847 89850 2493 0 0 2493 157792 78896 78896 78896 98809 0 0 98809 3916459 3916459 3916459 113917 0 0 113917 29429 7357 29429 28129 7032 7032 21097 181978 181978 1057 53 53 1004 666026 2386 2386 102330 7034677 4286261 4308333 2165036 0 0 7034677 4286261 4308333 2165036 1175933 0 2405674 10752724 38304165 38304165 2940451 2945661 2945661 18950160 22000203 18950160 18950160 53284964 1019000 72416704 52265964 52265964 1545 0 0 11208643 5949630 5949630 43677 37338 11897 6339 6339 4663173 5175149 5175149 123995340 123597068 123597068 191108 322097 155566 0 72986097 52099565 0 19392794 73332771 71814456 X 37833685 39420424 12828884 12362188 50662569 51782612 123995340 123597068 50662569 1175933 51838502 55890 51782612 0 0 0 17766 0 17766 17766 17766 false false false false false false false true true DC false true false false false true WWW.BUILDINGHOPE.ORG TIM MERRITT VP OF FINANCE 2024571995 1776 EYE ST NW SUITE 200 WASHINGTON DC 20006 false false false false true false false false false false false false false false false false false false false false false false ROBIN ODLAND 1776 EYE ST NW SUITE 200 WASHINGTON DC 20006 PRESIDENT 49.0 312489 0 0 TIM MERRITT 1776 EYE ST NW SUITE 200 WASHINGTON DC 20006 VP/TREASURER 46.0 208659 0 0 MICHAEL D'ALESSANDRO 1776 EYE ST NW SUITE 200 WASHINGTON DC 20006 SECRETARY 27.0 86083 4938 0 S JOSEPH BRUNO 1776 EYE ST NW SUITE 200 WASHINGTON DC 20006 CHAIR 21.0 186161 8351 0 DRU DAMICO 1776 EYE ST NW SUITE 200 WASHINGTON DC 20006 DIRECTOR 1.0 0 0 0 RICHARD MORENO 1776 EYE ST NW SUITE 200 WASHINGTON DC 20006 DIRECTOR 1.0 12454 584 0 CECILIA WALKER 1776 EYE ST NW SUITE 200 WASHINGTON DC 20006 CHIEF CREDIT OFFICER 40.0 130905 4050 0 DERRICK HOLLOWAY JR 1776 EYE ST NW SUITE 200 WASHINGTON DC 20006 SR UNDERWRITER 40.0 91580 0 0 ESTHER OWUSU 1776 EYE ST NW SUITE 200 WASHINGTON DC 20006 ACCOUNTANT 40.0 84396 4903 0 CORDIA RESOURCES 8330 BOONE BLVD STE 350 VIENNA VA 22182 STAFFING 158519 BDO PO BOX 642743 PITTSBURGH PA 15264 AUDIT AND TAX 100079 SUPPORTING HIGH-QUALITY, LOW COST PUBLIC CHARTER SCHOOL FACILITIES THROUGH CONSTRUCTION, RENOVATION, AND IMPROVEMENT. 14493002 PARRISH CHARTER ACADEMY, INC. 4335550 PINELLAS EDUCATION ORGANIZATION, INC. 3700000 6457452 14493002 0 56832822 0 56832822 0 56832822 852492 55980330 2799017 X 2165036 14493002 1658 0 0 16659696 X 2405674 1340442 500434 0 4246550 2044823 1139376 425369 0 3609568 16659696 16991904 1928484 2843712 38423796 16659696 16991904 1928484 2843712 38423796 123144406 124025462 134639057 104198554 486007479 84840241 117532625 115327347 94549350 412249563 0 0 0 0 NA NA X IMPUTED INTEREST-BELOW MARKET NOTES REC. 3166305 GUARANTY FEES 756213 PROFESSIONAL SERVICES INCOME 719311 14 3547702 ALLOCATED INCOME 01 21079 3568781 4641829 8210610 1 Imputed interest (non-cash) on our notes receivable (loans to public charter schools) to record the difference between the prevailing market interest rate and the below market interest rate charged on our loans. Fees earned from our project management services to public charter schools for the identification, selection, and development of school facilities. 2 Fees earned from our credit enhancement program that supports loans made to public charter schools by financial institutions for the acquisition, construction, and renovation of facilities. 3 Fees earned from servicing loans made to charter schools false false false false false false false false false false ACCOUNTING & TAX PREP FEES 157792 78896 78896 78896 GEM PREP TWIN FALLS 2000000 VALOR PUBLIC SCHOOLS 1500000 INTELLECTUS PREPARATORY CHARTER SCHOOL 1250000 HERITAGE ACADEMY, INC. 1100000 HORIZON GROWTH FUND, LLC 393750 IMAGINE PASCO COUNTY, LLC 186421 PHOENIX INTERNATIONAL INCORPORATED 27281 The state does not accept a copy of the filing. Part II, Line 14: Part II, Line 14: FURNITURE AND FIXTURES $43,677 LEASEHOLD IMPROVEMENTS 0 ----------- EQUALS: TOTAL FIXED ASSETS 42,019 LESS: ACCUMULATED DEPRECIATION (37,338) ----------- EQUALS: NET PROPERTY AND EQUIPMENT $6,339 CURRENT YEAR DEPRECIATION EXPENSE: $29,429 INVESTMENTS FMV 5949630 5949630 LEGAL FEES 2493 0 0 2493 OPPORTUNITY FINANCE NETWORK BGP 3700000 3627755 2022-04 2046-12 MONTHLY INT PAYMENTS, PRINCIPAL DUE 12/17/2046 3.592 NONE TO SUPPORT DEVELOPMENT OF CHARTER SCHOOLS OPPORTUNITY FINANCE NETWORK 1000000 1000000 2018-01 2023-03 QTRLY INTEREST PAYMENTS, PRINCIPAL DUE 03/31/2023 4.5 NONE TO SUPPORT DEVELOPMENT OF CHARTER SCHOOLS USDA 2266036 2090405 2016-12 2056-12 MONTHLY INT PAYMENTS, PRINCIPAL DUE 12/28/2056 2.38 NONE TO SUPPORT DEVELOPMENT OF CHARTER SCHOOLS OPPORTUNITY FINANCE NETWORK BGP 9181817 11781405 2018-08 2043-12 MONTHLY INT PAYMENTS, PRINCIPAL DUE 12/15/2043 3.468 NONE TO SUPPORT DEVELOPMENT OF CHARTER SCHOOLS ALBERTSON FAMILY FOUNDATION 33600000 33600000 2016-12 2024-12 INTEREST FREE, PRINCIPAL DUE IN ONE LUMP SUM 0. NONE TO SUPPORT DEVELOPMENT OF CHARTER SCHOOLS EB-5 DEVELOPMENT FUND 26000000 0 2020-03 2023-03 MONTHLY INT PAYMENTS, PRINCIPAL DUE 03/10/2023 4.5 NONE TO SUPPORT DEVELOPMENT OF CHARTER SCHOOLS IMPUTED INTEREST DISCOUNT 4085336 4007450 4007450 SECURITY DEPOSITS 397637 508637 508637 DEFERRED FINANCING COSTS 180200 169062 169062 OTHER ASSETS 0 490000 490000 PRIOR YEAR ADJUSTMENT 55890 ALLOCATED EXPENSES 561310 0 0 0 OTHER DIRECT EXPENSES 39682 0 0 39682 OTHER INDIRECT EXPENSES 37688 0 0 37688 MEALS & ENTERTAINMENT 12966 0 0 12966 TELEPHONE & TELECOMMUNICATIONS 5956 1965 1965 3991 SUPPLIES 5174 259 259 4915 POSTAGE, SHIPPING, DELIVERY 3250 162 162 3088 IMPUTED INTEREST-BELOW MARKET NOTES REC. 3166305 0 3166305 GUARANTY/Origination FEES 756213 0 0 Professional Services Income 719311 0 0 Allocated Income 21079 0 0 AGENCY PASS THROUGH FUNDS 0 19356191 DUE TO AFFILIATES 0 36603 ATTACHMENT 8A NONE 53284964 2013-01 2013-01 555 8. OTHER PROFESSIONAL FEES 74773 0 0 74773 INFORMATION TECHNOLOGY 17255 0 0 17255 PAYROLL SERVICE FEES 6781 0 0 6781 PAYROLL TAXES 83291 0 0 83291 TAX EXPENSE 30626 0 0 30626