BETA

BUILDING TALENT FOUNDATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
BUILDING TALENT FOUNDATION (EIN 84-4308411)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-10-14
IRS object ID
202502879349301865
Schema version
2024v5.2
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)
Return2025-10-14T14:51:32-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1919 EAST MAIN STREET SUITE 1800AddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23219ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN844308411EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BUILDING TALENT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBUILBusinessNameControlTxt
Phone3054917368PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11455 PENNSYLVANIA AVENUE NW 400AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20044ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRANKA MINICPersonNm
Person TitleCHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone3054917368PhoneNum
Signature2025-10-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMEREDITH BELLPreparerPersonNm
PTINP01696827PTIN
Phone8042822121PhoneNum
Preparation2025-10-14PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBRANKA MINICPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11455 PENNSYLVANIA AVENUE NW 400AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20044ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,033,750GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BUILDINGTF.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2019FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTO ADVANCE THE EDUCATION, TRAINING, AND CAREER PROGRESSION OF YOUNG PEOPLE AND PEOPLE FROM UNDERREPRESENTED GROUPS, AS SKILLED TECHNICAL WORKERS AND AS BUSINESS OWNERS IN RESIDENTIAL CONSTRUCTION.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee41TotalEmployeeCnt
Total Volunteers248TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,263,526PYContributionsGrantsAmt
CY Contributions Grants$5,031,469CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$691PYInvestmentIncomeAmt
CY Investment Income$80CYInvestmentIncomeAmt
PY Other Revenue$8,125PYOtherRevenueAmt
CY Other Revenue$2,201CYOtherRevenueAmt
PY Total Revenue$2,272,342PYTotalRevenueAmt
CY Total Revenue$5,033,750CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,562,101PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,875,171CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$5,000PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$328,466CYTotalFundraisingExpenseAmt
PY Other Expenses$1,170,104PYOtherExpensesAmt
CY Other Expenses$867,812CYOtherExpensesAmt
PY Total Expenses$3,737,205PYTotalExpensesAmt
CY Total Expenses$3,742,983CYTotalExpensesAmt
PY Revenues Less Expenses-$1,464,863PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,290,767CYRevenuesLessExpensesAmt
Total Assets BOY$1,999,474TotalAssetsBOYAmt
Total Assets EOY$3,222,787TotalAssetsEOYAmt
Total Liabilities BOY$1,185,179TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,117,725TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$814,295NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,105,062NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO ADVANCE THE EDUCATION, TRAINING, AND CAREER PROGRESSION OF YOUNG PEOPLE AND PEOPLE FROM UNDERREPRESENTED GROUPS, AS SKILLED TECHNICAL WORKERS AND AS BUSINESS OWNERS IN RESIDENTIAL CONSTRUCTION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$855,899ExpenseAmt
DescBUILDING TALENT PIPELINE - THE FOUNDATION ENGAGES WITH YOUNG PEOPLE, IN SCHOOLS AND IN COMMUNITIES, TO ENCOURAGE THEIR INTEREST AND EXPLORATION OF CAREERS IN RESIDENTIAL CONSTRUCTION. THE FOUNDATION SUPPORTS SCHOOLS AND TRAINING PROVIDERS TO ALIGN THEIR CONSTRUCTION CURRICULA WITH EMPLOYERS' DEMAND FOR SKILLS. THE FOUNDATION AIMS TO SIGNIFICANTLY INCREASE THE NUMBER OF STUDENTS ENROLLING IN CONSTRUCTION PROGRAMS, BY RAISING THEIR AWARENESS OF THE EXCITING OPPORTUNITIES THE INDUSTRY OFFERS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$857,725ExpenseAmt
DescBUILDING TALENT CONNECTIONS - THE FOUNDATION CONNECTS EMPLOYERS WITH JOB SEEKERS BY SUPPORTING AND STRENGTHENING EDUCATION PARTNERSHIPS WHERE JOB SEEKERS ARE AND THE TRAINING PROGRAMS, TOOLS, AND PLATFORMS WHERE EMPLOYERS SEEK NEW TALENT. THE FOUNDATION'S TALENT CONNECTIONS ARE GEARED TOWARD STRENGTHENING AND SCALING EMPLOYMENT AND BUSINESS OWNERSHIP IN THE INDUSTRY, WHILE IMPROVING COLLABORATION BETWEEN EMPLOYERS, EDUCATORS, AND JOBSEEKERS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$791,683ExpenseAmt
DescBUILDING TALENT ENGAGEMENT - THE FOUNDATION SUPPORTS THE BUSINESS GROWTH OF ITS TRADE PARTNERS AND THE INDUSTRY'S WORKFORCE BY LEVERAGING INNOVATIVE TALENT MANAGEMENT TECHNOLOGY AND ADVANCING WORKPLACE PRACTICES FOR RECRUITING, HIRING, DEVELOPING, ENGAGING, AND RETAINING WORKERS IN RESIDENTIAL CONSTRUCTION. THE FOUNDATION FOSTERS PROFESSIONAL DEVELOPMENT, ENTREPRENEURSHIP, AND CAREER ADVANCEMENT AMONG THE INDUSTRY'S WORKERS AND BUSINESS OWNERS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$541,482ExpenseAmt
DescJOBS TO BUILD - THE FOUNDATION'S NATIONAL, CENTRALIZED, CLOUD-BASED EXTENSIBLE PLATFORM, THAT PROVIDES LOCAL CONSTRUCTION OCCUPATIONAL OUTLOOK, CAREER PATHWAYS, JOB SEARCH, AND SCHOLARSHIPS AND EDUCATION/TRAINING PROGRAM SEARCH FOR YOUTH, CAREER CHANGERS, AND JOB SEEKERS. THROUGH THE EMPLOYER TALENT PIPELINE MANAGEMENT PORTAL, EMPLOYERS OF ALL SIZES ARE MATCHED WITH JOB SEEKERS AND STUDENTS, REDUCING RECRUITING COSTS AND INCREASING RETENTION. THIS CONSTRUCTION INDUSTRY-SERVING SITE AIMS TO BECOME THE INDUSTRY MARKETPLACE - A PLACE WHERE BUILDERS GO TO FIND QUALIFIED TRADE CONTRACTORS; WHERE TRADE CONTRACTORS GO IN SEARCH OF PROJECT (WORK) OPPORTUNITIES, MATERIALS, AND WORKERS; AND WHERE TALENT GOES TO SEEK OUT EMPLOYMENT AND UPSKILLING OPPORTUNITIES.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$541,482TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$3,046,789TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee41EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAZStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldIDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTXStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldDCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BRANKA MINICBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3054917368PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11455 PENNSYLVANIA AVENUE NW 400AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20044ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
SHERYL PALMER
CHAIRMAN2.000.10Yes (X)Yes (X)$0$0$0
DOUGLAS BAUER
SECRETARY (THRU 4/19/24)2.000.10Yes (X)Yes (X)$0$0$0
ALAN NORRIS
TREASURER2.000.00Yes (X)Yes (X)$0$0$0
KENNETH GEAR
ASSISTANT TREASURER2.0040.00Yes (X)Yes (X)$0$1,628,837$0
ADRIAN FOLEY
DIRECTOR2.000.10Yes (X)$0$0$0
PHILLIP THEODORE
DIRECTOR2.000.00Yes (X)$0$0$0
MIKE OLOSKY
DIRECTOR2.000.00Yes (X)$0$0$0
JORGE PEREZ
DIRECTOR2.000.00Yes (X)$0$0$0
DANA HUTH
DIRECTOR2.000.00Yes (X)$0$0$0
KARL MISTRY
DIRECTOR2.000.00Yes (X)$0$0$0
JOEL SHINE
DIRECTOR2.000.00Yes (X)$0$0$0
BRANKA MINIC
CEO50.000.00Yes (X)$525,000$0$0
JOHN L TILLEY
VP OF OPERATIONS40.000.00$138,491$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$663,491TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,628,837TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FUTURES INCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1624 HOLLY SPRINGS ROAD SUITE S-320AddressLine1Txt
CityHOLLY SPRINGSCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27540ZIPCd
FieldValueIRS element (for citing)
ServicesIT SERVICESServicesDesc
Compensation$354,500CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$5,031,469AllOtherContributionsAmt
Total Contributions$5,031,469TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$80TotalRevenueColumnAmt
Exclusion$80ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business900099BusinessCd
Total Revenue Column$2,201TotalRevenueColumnAmt
Exclusion$2,201ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,201OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,033,750TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,281ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$525,000TotalAmt
Program Services$181,321ProgramServicesAmt
Management And General$170,429ManagementAndGeneralAmt
Fundraising$173,250FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,032,224TotalAmt
Program Services$1,955,710ProgramServicesAmt
Fundraising$76,514FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$114,459TotalAmt
Program Services$104,700ProgramServicesAmt
Management And General$3,444ManagementAndGeneralAmt
Fundraising$6,315FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$203,488TotalAmt
Program Services$175,951ProgramServicesAmt
Management And General$12,032ManagementAndGeneralAmt
Fundraising$15,505FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$510TotalAmt
Management And General$510ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$78,121TotalAmt
Management And General$78,121ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$40,711TotalAmt
Program Services$8,052ProgramServicesAmt
Management And General$11,607ManagementAndGeneralAmt
Fundraising$21,052FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$97,891TotalAmt
Program Services$94,118ProgramServicesAmt
Management And General$2,938ManagementAndGeneralAmt
Fundraising$835FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$33,493TotalAmt
Program Services$25,770ProgramServicesAmt
Management And General$5,620ManagementAndGeneralAmt
Fundraising$2,103FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$393,075TotalAmt
Program Services$390,368ProgramServicesAmt
Management And General$504ManagementAndGeneralAmt
Fundraising$2,203FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$151,757TotalAmt
Program Services$104,771ProgramServicesAmt
Management And General$28,946ManagementAndGeneralAmt
Fundraising$18,040FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$4,525TotalAmt
Program Services$4,396ProgramServicesAmt
Fundraising$129FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$583TotalAmt
Management And General$583ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,829TotalAmt
Management And General$2,829ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmtProgram ServicesProgramServicesAmt
BAD DEBT EXPENSE$62,500$50,000$12,500
DUES & SUBSCRIPTIONS$1,452$20$1,432
FEES$365$165$200

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,742,983TotalAmt
Program Services$3,046,789ProgramServicesAmt
Management And General$367,728ManagementAndGeneralAmt
Fundraising$328,466FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$415,685BOYAmt
EOY$1,188,591EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,570,911BOYAmt
EOY$2,029,203EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$12,296BOYAmt
EOY$4,993EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$582BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,999,474BOYAmt
EOY$3,222,787EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$709,550BOYAmt
EOY$642,096EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$475,629BOYAmt
EOY$475,629EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,185,179BOYAmt
EOY$1,117,725EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$775,705BOYAmt
EOY-$273,898EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,590,000BOYAmt
EOY$2,378,960EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$814,295BOYAmt
EOY$2,105,062EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,999,474BOYAmt
EOY$3,222,787EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,290,767ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$5,714,308CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,666,303CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,263,526CurrentTaxYearMinus1YearAmt
Current Tax Year$5,031,469CurrentTaxYearAmt
Total$15,675,606TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$5,714,308CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,666,303CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,263,526CurrentTaxYearMinus1YearAmt
Current Tax Year$5,031,469CurrentTaxYearAmt
Total$15,675,606TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$7,832,719SubstantialContributorsTotAmt
Public Support Total170$7,842,887PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$51CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$145CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$691CurrentTaxYearMinus1YearAmt
Current Tax Year$80CurrentTaxYearAmt
Total$967TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$25CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus1 Year$8,125CurrentTaxYearMinus1YearAmt
Current Tax Year$2,201CurrentTaxYearAmt
Total$10,351TotalAmt
FieldValueIRS element (for citing)
Total Support$15,686,924TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationMISCELLANEOUS - 2020 AMOUNT: $ 25. 2023 AMOUNT: $ 8,125. 2024 AMOUNT: $ 2,201.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO AFFLIATEDesc
Amt$475,629Amt
FieldValueIRS element (for citing)
Total Liability$475,629TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,033,750TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$5,033,750RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,033,750TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,742,983TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,742,983ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,742,983TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION IS EXEMPT FROM PAYMENT OF TAXES ON INCOME OTHER THAN NET UNRELATED BUSINESS INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, THERE WAS NO UNRELATED BUSINESS INCOME AND, ACCORDINGLY, NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED. CONTRIBUTIONS TO THE FOUNDATION ARE DEDUCTIBLE AS PROVIDED IN THE IRC SECTION 170(B)(1)(A)(VI). MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION'S FINANCIAL STATEMENTS DO NOT INCLUDE ANY UNCERTAIN TAX POSITIONS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
KENNETH GEAR
ASSISTANT TREASURER$0$504,167$0$1,124,670$0$0$0$0$0$0$0$1,628,837$0$0
BRANKA MINIC
CEO$400,000$0$125,000$0$0$0$0$0$0$0$525,000$0$125,000$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationMARKET RESEARCH WAS COMPLETED BY THE EXECUTIVE SEARCH FIRM USING NON-PROFIT COMPENSATION DATA. A SALARY RANGE WAS PRESENTED AND DECIDED UPON BY THE LBA COMMITTEE AND A WRITTEN EMPLOYMENT CONTRACT WAS SIGNED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE CORPORATION SHALL HAVE MEMBERS. LEADING BUILDERS OF AMERICA ("LBA") SHALL BE THE SOLE MEMBER OF THE CORPORATION. LBA MAY NOT BE REMOVED AS SOLE MEMBER, AND THERE SHALL NOT AT ANY TIME BE ANY ADDITIONAL MEMBERS OF THE CORPORATION.
FORM 990, PART VI, SECTION A, LINE 7BTHE SOLE MEMBER HAS THE FOLLOWING POWERS (A) APPROVE THE REPEAL, MODIFICATION, OR AMENDMENT OF THE CORPORATION'S ARTICLES OF INCORPORATION OR BYLAWS; (B) TO DETERMINE WHETHER THE CORPORATION SHALL MERGE OR CONSOLIDATE WITH ANY OTHER ENTITY, AND TO APPROVE ANY PLAN OF MERGER OR CONSOLIDATION OF THE CORPORATION; (C) TO DETERMINE WHETHER THE CORPORATION SHALL DISSOLVE, AND TO APPROVE ANY PLAN FOR THE DISSOLUTION OF THE CORPORATION; AND (D) TO APPROVE ANY SALE, LEASE, EXCHANGE, MORTGAGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY OR ASSETS OF THE CORPORATION.
FORM 990, PART VI, SECTION A, LINE 8BNO COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE AUDIT OVERSIGHT COMMITTEE WILL REVIEW FORM 990 AND RECOMMEND BOARD APPROVAL PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR, OFFICER, BOARD MEMBER AND KEY EMPLOYEE MUST ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND AGREES TO COMPLY WITH THE POLICY.
FORM 990, PART VI, SECTION B, LINE 15ACOMPARABLE SALARY DATA AND MARKET RESEARCH WAS USED IN DETERMINING COMPENSATION FOR THE CEO. THIS LAST TOOK PLACE IN 2019.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1LEADING BUILDERS OF AMERICABusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11455 PENNSYLVANIA AVE NW STE 400AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20004ZIPCd
FieldValueIRS element (for citing)
EIN271284683EIN
Primary ActivitiesPRESERVE HOME AFFORDABILITY FOR AMERICAN FAMILIESPrimaryActivitiesTxt
Legal Domicile StateDCLegalDomicileStateCd
Exempt Code Section501(C)(6)ExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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