2022-10-18T15:58:32-05:00 2021-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2021-01-01 223128648 BUILDON INC BUIL 2033445515 1111 SUMMER STREET 602A STAMFORD CT 06905 FRANK ERTL CHIEF FINANCIAL OFFICER 2033445515 2022-10-18 1 FRANK ERTL 999009999 RICHARD J LOCASTRO CPA P00288314 3019519090 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JAMES ZIOLKOWSKI 1111 SUMMER STREET 602A STAMFORD CT 06905 17381956 0 X WWW.BUILDON.ORG X 1991 CT SEE PART III, LINE 1. 17 14 81 200 0 0 14547708 15747953 0 0 351528 475717 921272 236158 15820508 16459828 22103 13367 0 0 8444940 8609145 1619 0 1526008 6585801 7590900 15054463 16213412 766045 246416 18256340 19130694 615116 444934 17641224 18685760 X BUILDON BREAKS THE CYCLE OF POVERTY, ILLITERACY AND LOW EXPECTATIONS THROUGH SERVICE AND EDUCATION. 0 0 10228215 10940 BUILDON GLOBAL - SINCE 1991, BUILDON HAS MOBILIZED RURAL VILLAGES IN SOME OF THE POOREST COUNTRIES IN THE WORLD, TO BUILD MORE THAN 2,024 SCHOOLS (WITH 220 BUILT IN 2021) IN THE FOLLOWING LOCATIONS: BOLIVIA (8), BRAZIL (2), BURKINA FASO (140), HAITI (182), INDIA (3), MALAWI (410), MALI (384), NEPAL (300), NICARAGUA (279), SENEGAL (268), GUATEMALA (47), AND US (1). MANY OF THE COUNTRIES IN WHICH WE WORK CONSISTENTLY RANK AMONG THE LOWEST ON THE UNITED NATION'S HUMAN DEVELOPMENT INDEX, WHERE SCHOOL CONSTRUCTION AND COMMUNITY EDUCATION ARE VITAL TO LONG-TERM HEALTH, ECONOMIC GROWTH AND SUSTAINABILITY. BUILDON ENGAGES IN PARTICIPATORY DEVELOPMENT, CREATING PARTNERSHIPS WITH LOCAL COMMUNITIES WHO HAVE OWNERSHIP OVER THE PROJECTS. THE TRUE POWER OF BUILDON'S METHODOLOGY RESIDES IN THE FACT THAT BUILDON CLASSROOMS ARE CONSTRUCTED IN PARTNERSHIP WITH THE VERY PEOPLE WHO WILL BE BENEFITING FROM THEM. WHEN BUILDON ENTERS NEW COUNTRIES AND REGIONS, IT BECOMES A RESOURCE FOR COMMUNITIES WHO WANT TO PROVIDE QUALITY EDUCATION FOR THEIR STUDENTS. LOCAL COMMUNITIES INITIATE EACH PROJECT AND OWN THE SCHOOL, AND THE MINISTRIES OF EDUCATION AGREE TO PROVIDE TEACHERS AND CURRICULUM. ADDITIONALLY, BUILDON'S ADULT LITERACY PROGRAM GIVES PARENTS AND GRANDPARENTS THE EDUCATION THEY NEED TO BUILD A BETTER LIFE FOR THEMSELVES AND THEIR CHILDREN. EACH DAY, MORE THAN 252,525 CHILDREN, PARENTS, AND GRANDPARENTS ARE ATTENDING BUILDON SCHOOLS AND TAKING ADVANTAGE OF A NEW ACCESS TO EDUCATION. 3441457 2427 BUILDON US - BUILDON'S SERVICE LEARNING PROGRAMS ARE CONFRONTING THE EDUCATION CRISIS IN THE UNITED STATES BY ADDRESSING INDICATORS, SUCH AS TRUANCY, GRADUATION RATES, SCHOOL PARTICIPATION, AND CIVIC ENGAGEMENT. WE EMPOWER YOUTH FROM FRACTURED AND UNDER-RESOURCED NEIGHBORHOODS, TO MAKE A POSITIVE DIFFERENCE IN THEIR COMMUNITIES THROUGH SERVICE AND EDUCATION. EACH WEEK, BUILDON STUDENTS, IN 26 HIGH SCHOOLS ACROSS SIX REGIONS, PARTICIPATE IN SERVICE ACTIVITIES, TO ADDRESS ISSUES IN THEIR COMMUNITIES, SUCH AS ELEMENTARY EDUCATION, FOOD INSECURITY, CARE FOR THE ELDERLY, SUPPORT FOR THE HOMELESS AND THOSE IN TRANSITIONAL HOUSING, AND ENVIRONMENT ISSUES AND PUBLIC GREEN SPACES. BUILDON PROGRAMMING LEADS TO THE FOLLOWING OUTCOMES, ACADEMIC ENGAGEMENT, CIVIC ENGAGEMENT, EMPOWERMENT, EXPANDED SENSE OF POSSIBILITIES, AND PERSONAL AND SOCIAL DEVELOPMENT. BUILDON MEMBERS HAVE CONTRIBUTED MORE THAN 2.39M MILLION HOURS OF SERVICE TO THEIR COMMUNITIES, AND HAVE HELPED BUILD MORE THAN 2,024 SCHOOLS, 220 OF WHICH WERE COMPLETED DURING 2021. WITH 98% OF BUILDON SENIORS GRADUATING FROM HIGH SCHOOL AND CONTINUING ON TO COLLEGE, BUILDON IS INSPIRING TOMORROW'S BUSINESS, COMMUNITY, AND GLOBAL PIONEERS WHO BELIEVE IN THE POWER OF SERVICE. 13669672 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 12 0 1 81 1 0 1 UV GT HA MI ML NP NU SG 0 0 0 1 1 0 0 0 0 0 0 X 17 14 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AK CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X X MARC FRIEDMAN 2033546006 1111 SUMMER STREET SUITE 602A STAMFORD CT 06905 JIM ZIOLKOWSKI CHAIRMAN AND CEO 55.00 X X 385929 0 33631 MARC FRIEDMAN CHIEF REVENUE OFFICER/SECRETARY 55.00 X X 263594 0 14638 DIAHANN BILLINGS-BURFORD BOARD MEMBER 0.25 X 0 0 0 KATHY CASSIDY BOARD MEMBER 0.25 X 0 0 0 SANJAY GUPTA BOARD MEMBER 0.25 X 0 0 0 RANDI HEDIN BOARD MEMBER 0.25 X 0 0 0 SUZIE IVELICH BOARD MEMBER 0.25 X 0 0 0 DAN JANKI BOARD MEMBER 0.25 X 0 0 0 MARGARET KEANE BOARD MEMBER 0.25 X 0 0 0 MELISSA KIERNAN BOARD MEMBER/GENERAL COUNSEL 30.25 X 30717 0 29786 ALAN MURRAY BOARD MEMBER 0.25 X 0 0 0 RASSAAN PARRIS BOARD MEMBER 0.25 X 0 0 0 MEISHA ROSS PORTER BOARD MEMBER 0.25 X 0 0 0 JOHN RAFFAELI BOARD MEMBER 0.25 X 0 0 0 AMNON RODAN BOARD MEMBER 0.25 X 0 0 0 JOHN SEIFERT BOARD MEMBER 0.25 X 0 0 0 KAREN SEITZ BOARD MEMBER 0.25 X 0 0 0 FRANK ERTL CHIEF FINANCIAL OFFICER 45.00 X 191288 0 32554 CARRIE PENA CHIEF EXPERIENCE OFFICER 45.00 X 187646 0 23188 ROSANN JAGER CHIEF OPERATING OFFICER 45.00 X 176469 0 11489 DJIBRIL OUATTARA CPO - BUILDON GLOBAL 45.00 X 85687 0 16411 KAYLA HUNTER CPO - BUILDON US (UNTIL 06/2021) 45.00 X 34564 0 9584 ERIN HARTSOUGH VP COMMUNITY TEAMS 45.00 X 129272 0 31395 MAURICE MUCHENE VP BUSINESS DEVELOPMENT 45.00 X 128158 0 12600 JAMES LIEBERTZ GLOBAL CONTROLLER 45.00 X 120527 0 12004 JEMAR WARD GLOBAL DIRECTOR, HR & EQUITY 45.00 X 119615 0 12442 BRANDON WORTH VP, DIGITAL FUNDRAISING & MARKETING 45.00 X 118434 0 22816 1971900 0 262538 14 0 1 0 GOTHAM HALL 1356 BROADWAY NEW YORK NY 10018 EVENT VENUE 189372 1 767696 1246900 13733357 1031875 15747953 225856 225856 630221 14157 394517 0 235704 14157 249861 249861 798552 767696 527611 270941 270941 1984 0 1984 1984 GAIN ON FOREIGN EXCHANGE 900099 -36767 -36767 -36767 16459828 0 0 711875 X 2427 2427 10940 10940 1527176 1063589 182485 281102 5334882 4613802 119421 601659 35401 27874 1844 5683 1315884 1197738 118146 395802 332067 12921 50814 7919 7919 60743 656 60087 27120 27120 2373298 2197998 11880 163420 9776 9776 535713 387295 69251 79167 168558 2602 61868 104088 221416 106578 96600 18238 367408 297242 7855 62311 375479 343197 30201 2081 65130 51701 13429 74791 40376 11117 23298 CONSTRUCTION 2885613 2885613 BAD DEBT 282332 282332 REPAIRS AND MAINTENANCE 85314 85314 MISCELLANEOUS 27595 -2973 15226 15342 22695 7941 14095 659 16213412 13669672 1017732 1526008 31246 3371 4159451 6331444 3854366 1207729 201456 63702 929603 523899 152819 405704 9829829 11071459 27173 47285 18256340 19130694 559896 388922 55220 56012 615116 444934 X 10699993 11201712 6941231 7484048 17641224 18685760 18256340 19130694 246416 798120 0 X 0 1 X 1 0 X 17031725 18495091 17425910 14547708 15747953 83248387 17031725 18495091 17425910 14547708 15747953 83248387 19459219 63789168 144246 156748 212460 177780 225856 917090 267779 518485 355221 863372 270941 2275798 11451 57900 -36767 32584 86473859 8395 0.73770 0.75340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10597532 10387 1231243 11839162 9295874 1301658 10597532 6867856 1100000 1359339 31321 9295874 7258428 115392 -388724 117240 6867856 5971048 249649 1037731 7258428 1.00000 0.00000 0.00000 0 0 117591 88194 29397 812012 435705 376307 405704 DEFERRED RENT ABATEMENT 56012 56012 X 18853400 798120 1595452 2393572 16459828 0 16459828 17808864 1595452 1595452 16213412 0 16213412 PART V, LINE 4: TO ACHIEVE GROWTH OF BOTH PRINCIPAL VALUE AND INCOME OVER TIME SUFFICIENT TO PRESERVE OR INCREASE THE PURCHASING POWER OF THE ASSETS AGAINST INFLATION. PART X, LINE 2: FOR THE YEAR ENDED DECEMBER 31, 2021, BUILDON, INC. HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 CENTRAL AMERICA AND THE CARIBBEAN 3 44 PROGRAM SERVICES SCHOOL CONSTRUCTION, ENROLL AND ADULT LITERACY PROGRAMS 2491487 SOUTH ASIA 1 24 PROGRAM SERVICES SCHOOL CONSTRUCTION, ENROLL AND ADULT LITERACY PROGRAMS 1072801 SUB-SAHARAN AFRICA 4 84 PROGRAM SERVICES SCHOOL CONSTRUCTION, ENROLL AND ADULT LITERACY PROGRAMS 6321479 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS IN REGION 2057 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS IN REGION 604 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS IN REGION 8279 8 152 0 0 8 152 9896707 0 9896707 FUNDS FOR VILLAGE INITIATIVES SOUTH ASIA 2 604 WIRE FUNDS FOR VILLAGE INITIATIVES CENTRAL AMERICA AND THE CARIBBEAN 1 2057 WIRE FUNDS FOR VILLAGE INITIATIVES SUB-SAHARAN AFRICA 17 8279 WIRE 0 0 0 0 0 0 PART I, LINE 2: THE VILLAGE INITIATIVES, MAINLY LED BY THE ADULT LITERACY GROUPS (IN SOME CASES BY THE ENROLL LEADERSHIP COMMITTEE), INCLUDE INCOME-GENERATING PROJECTS AND OTHER ACTIVITIES TO DEVELOP THE COMMUNITY. THE INCOME-GENERATING ACTIVITIES INCLUDE DRY-SEASON GARDENING, ANIMAL HUSBANDRY, BEE KEEPING, TEXTILE PRODUCTION, SOAP MAKING, CLOTH DYING, SMALL LOANS TO COMMUNITY MEMBERS, SMALL COMMERCE, AND OTHER SMALL BUSINESS DEVELOPMENT. IN MANY INSTANCES, INCOME EARNED THROUGH THESE ACTIVITIES IS USED TO BRING CHILDREN BACK TO SCHOOL OR TO HELP KEEP CHILDREN IN SCHOOL (EITHER AS A GROUP OR AT THE FAMILY LEVEL). OTHER PROJECTS TO DEVELOP THE COMMUNITY INCLUDE TREE PLANTING AND CREATING A SCHOOL FEEDING PROGRAM. BUILDON SELECTS TWO EDUCATED VILLAGERS FOR FACILITATOR TRAINING, IN WHICH THEY LEARN TO TEACH ADULTS TO READ AND WRITE. FACILITATORS RECEIVE A MONTHLY STIPEND TO TEACH THE ADULTS TO READ AND WRITE AND ASSIST IN THE FACILITATION OF AN INCOME-GENERATING PROJECT. BUILDON PROVIDES A SEED-FUND TO THE SELECTED COMMUNITIES TO START THEIR VILLAGE INITIATIVES. THIS SEED-MONEY SERVES AS THE INITIAL CAPITAL FOR THE INCOME GENERATING PROJECTS CHOSEN BY THE COMMUNITY (WITH SUPPORT FROM BUILDON'S EDUCATION TEAM) AND IS NOT REIMBURSED TO BUILDON. THE PAYMENT OF THE SEED MONEY IS MADE BY CHECK. BEFORE PROVIDING THE CHECKS FOR THE SEED-FUND, THE BUILDON TEAM SIGNS A COVENANT WITH THE COMMUNITY LEADERS TO FORMALIZE THE AGREEMENT AROUND THE INCOME GENERATING ACTIVITIES. THE COVENANT OUTLINES THE RESPONSIBILITIES FOR THE TWO PARTIES: BUILDON AND THE COMMUNITY. THE BUILDON EDUCATION TEAM WITH SUPPORT FROM THE FINANCE TEAM TRAINS THE COMMUNITY LEADERS WITH THE NECESSARY FINANCIAL LITERACY SKILLS TO MANAGE THEIR FUNDS (TRACKING THE EXPENSES AND PROFITS, MANAGING SMALL-LOANS TRANSACTIONS WITH SOME INTEREST RATES, ETC.). THE COMMUNITY'S LEADERSHIP COMMITTEE KEEPS THEIR OWN BOOKS TO TRACK THE INVESTMENTS AND PROFITS FROM THE INCOME GENERATING PROJECTS, AND PERIODICALLY REPORTS TO THE ENTIRE GROUP AND TO THE BUILDON TEAM. THE BUILDON TEAM STAYS ON THE SIDE TO LET THE COMMUNITY LEADERS LEAD THEIR INITIATIVE. THE BUILDON EDUCATION OFFICERS TEAM SUPPORTED BY THE FINANCE TEAM (FA/FO) FREQUENTLY TRAVEL TO THE COMMUNITY AND MEET WITH THE GROUP TO AUDIT THE BOOKS AND COLLECT UPDATES ON THE ACTIVITIES. IN CASE OF LACK OF TRANSPARENCY OR CONFLICT, BUILDON WORKS WITH THE GOVERNMENT OFFICERS/OFFICIALS TO HELP RESOLVE THE ISSUES AND PRIORITIZE THE SUSTAINABILITY OF THE PROJECTS. PART III ACCOUNTING METHOD: STAMFORD GALA 1295768 632341 663427 142369 183683 55369 0 OAKLAND 159378 71167 88211 18529 21506 25055 3 111102 64188 46914 36838 19559 8990 15713 1566248 767696 798552 197736 224748 89414 15713 527611 270941 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 JIM ZIOLKOWSKI CHAIRMAN AND CEO 385929 0 0 0 0 0 1500 0 32131 0 419560 0 0 0 MARC FRIEDMAN CHIEF REVENUE OFFICER/SECRETARY 263594 0 0 0 0 0 1500 0 13138 0 278232 0 0 0 FRANK ERTL CHIEF FINANCIAL OFFICER 191288 0 0 0 0 0 0 0 32554 0 223842 0 0 0 CARRIE PENA CHIEF EXPERIENCE OFFICER 187646 0 0 0 0 0 1500 0 21688 0 210834 0 0 0 ROSANN JAGER CHIEF OPERATING OFFICER 176469 0 0 0 0 0 0 0 11489 0 187958 0 0 0 ERIN HARTSOUGH VP COMMUNITY TEAMS 129272 0 0 0 0 0 1500 0 29895 0 160667 0 0 0 PART I, LINE 1A THE BOD HAVE APPROVED A $50,000 LIFE INSURANCE POLICY FOR THE CEO, WHICH IS COUNTED AS COMPENSATION, ALONG WITH THE RELATED TAX GROSS-UP OF $25,929. X 3 69840 FMV X CONSTRUCTION MATERIALS 220 962035 FMV 0 0 0 PART I, COLUMN (B): THE NUMBER ON COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS BASED ON INFORMATION PROVIDED BY THE FINANCE TEAM. THE COMPLETED FORM 990 WILL BE PROVIDED TO THE NATIONAL BOARD OF DIRECTORS IN ADVANCE OF THE FILING DEADLINE, TO ENSURE A DETAILED AND CONSCIENTIOUS REVIEW BY ALL BOARD MEMBERS. ALL QUESTIONS AND CONCERNS OF THE BOARD WILL BE ADDRESSED BY MANAGEMENT AND INCORPORATED INTO THE RETURN AS APPROPRIATE. SENIOR MANAGEMENT OF BUILDON WILL FILE THE FINAL FORM 990, AS REQUIRED. FORM 990, PART VI, SECTION B, LINE 12C THE CHAIR OF THE GOVERNANCE COMMITTEE OF THE NATIONAL BOARD OF DIRECTORS REQUESTS ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. IT IS REQUIRED THAT EACH DIRECTOR, OFFICER, AND KEY EMPLOYEE ANNUALLY COMPLETE AND SIGN A DISCLOSURE STATEMENT. IF A CONFLICT OF INTEREST ARISES, THE RELATED PARTY DISCLOSES THE NATURE OF SUCH INTEREST AND ALL MATERIAL FACTS RELATING TO THE ISSUE TO THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS. THE RELATED PERSON RECUSES HIM/HERSELF DURING DEBATE OR VOTING ON THE TRANSACTION, BUT MAY OTHERWISE BE PRESENT TO ANSWER QUESTIONS. THE CHAIR OF THE BOARD'S GOVERNANCE COMMITTEE DOCUMENTS THE BASIS FOR THE BOARD OF DIRECTORS' DETERMINATION, INCLUDING A RECORD OF THE DISCUSSION PRECEDING THE VOTE, AND ANY DOCUMENTARY OR OTHER DATA REVIEWED BY THE DIRECTORS, IN THE MINUTES OF THE MEETING OR OTHERWISE, BUT IN ALL EVENTS PRIOR TO THE NEXT MEETING OF THE BOARD OR COMMITTEE, AND THE MINUTES OR OTHER RECORDS ARE APPROVED AS ACCURATE AND COMPLETE AT THE NEXT MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S PERFORMANCE IS REVIEWED ON AN ANNUAL BASIS BY THE GOVERNANCE COMMITTEE OF THE NATIONAL BOARD OF DIRECTORS. THE GOVERNANCE COMMITTEE SENDS THE PERFORMANCE REVIEW TO THE NATIONAL BOARD OF DIRECTORS FOR COMMENT, THEN COMPILES ALL COMMENTS, CONDUCTS THE PERFORMANCE REVIEW, AND MAKES A RECOMMENDATION REGARDING THE CEO'S SALARY. THE GOVERNANCE COMMITTEE ULTIMATELY DETERMINES THE COMPENSATION OF THE CEO USING COMPARABLE COMPENSATION OBTAINED FROM COMPENSATION SURVEYS OF SIMILARLY SITUATED ORGANIZATIONS. THE CEO RECEIVED A SALARY INCREASE IN DECEMBER 2021. THE CDO, CFO, COO, CXO, AND CPO ARE ALL OFFICERS OF THE COMPANY, AND WITH THE NATIONAL BOARD OF DIRECTORS' APPROVAL, THE CEO REVIEWS AND SETS THE SALARIES OF THE OFFICERS, BASED UPON COMPARABLE COMPENSATION OBTAINED FROM COMPENSATION SURVEYS OF SIMILARLY SITUATED ORGANIZATIONS. ALL PERFORMANCE REVIEWS ARE DOCUMENTED IN THE EMPLOYEE'S PERSONNEL FILE. ALL OFFICERS RECEIVED A PERFORMANCE REVIEW BY APRIL 2021. STARTING IN 2022, THE CEO'S PERFORMANCE REVIEW AND COMPENSATION RECOMMENDATION WILL BE PERFORMED BY THE EXECUTIVE COMMITTEE OF THE NATIONAL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 BUILDON DISCLOSES ITS FINANCIAL STATEMENTS, AUDITS, AND FORM 990 ON ITS WEBSITE WWW.BUILDON.ORG. IN ADDITION, BUILDON'S FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION ON OTHER WEBSITES, SUCH AS CHARITY NAVIGATOR. ANYONE, AT ANY TIME, CAN REQUEST A COPY OF BUILDON'S BYLAWS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, MOST RECENT FORM 990, AND FINANCIAL AUDIT. FORM 990, PART IX, LINE 11G OTHER CONTRACTORS: PROGRAM SERVICE EXPENSES 169,732. MANAGEMENT AND GENERAL EXPENSES 1,003. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 170,735. OTHER PROF. FEES: PROGRAM SERVICE EXPENSES 16,661. MANAGEMENT AND GENERAL EXPENSES 10,877. FUNDRAISING EXPENSES 163,420. TOTAL EXPENSES 190,958. ADULT LITERACY: PROGRAM SERVICE EXPENSES 39,751. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,751. SCHOOL CONSTRUCTION: PROGRAM SERVICE EXPENSES 1,971,854. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,971,854.