BUILDING FOR THE FUTURE INC: Form 990EZ, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
BUILDING FOR THE FUTURE INC (EIN 13-4078657)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-08-15
IRS object ID
201912279349200971
Schema version
2018v3.1
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)
Return2019-08-15T13:28:57-05:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271728945PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1665 FIFTH AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

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)
PersonCRAIG REIGELPersonNm
Person TitleCFOPersonTitleTxt
Phone4152554849PhoneNum
Signature2019-08-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGARRETT M HIGGINSPreparerPersonNm
PTINP00543209PTIN
Phone2122862600PhoneNum
Preparation2019-08-14PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address4.15.211.182IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-08-14IPDt
IP Tm14:21:27IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id4F9F0882E2C1046A9DC4DC01D0F262469E3815E0AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
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$32GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Other Revenue Total$32OtherRevenueTotalAmt
Total Revenue$32TotalRevenueAmt
Grants And Similar Amounts Paid$472,964GrantsAndSimilarAmountsPaidAmt
Total Expenses$472,964TotalExpensesAmt
Excess Or Deficit For Year-$472,932ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$874,345NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets-$401,413OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$0NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$487,399BOYAmt
EOY$0EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$1,113,986BOYAmt
EOY$0EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,601,385BOYAmt
EOY$0EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$727,040BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$874,345BOYAmt
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 PREVIOUSLY PLANNED PROGRAMMATIC ACTIVITIES WERE CONCLUDED BY 12/31/2018. THE ENTITY REMAINS FOR ADMINISTRATIVE PURPOSES AND FOR THE POTENTIAL EVENT OF A RESUMPTION OF PROGRAMMATIC ACTIVITIES FUNDED BY A THIRD PARTY IN THE FUTURE.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomBUILDING FOR THE FUTURE, INC. MAKES GRANTS TO OTHER NON-PROFIT ORGANIZATIONS AS PART OF A VARIETY OF FUNDER-SPECIFIC INITIATIVES. ORGANIZATIONS IN RECEIPT OF GRANT FUNDING HAVE USED THE SUPPORT FOR SUCH PURPOSES AS PLANNING THEIR LONG TERM FACILITY NEEDS, PERFORMING ONGOING PREVENTATIVE MAINTENANCE, BUILDING AND MANAGING THEIR ASSETS EFFICIENTLY AND SUPPORTING THEIR OPERATIONS. GRANTS ARE REVIEWED AND APPROVED BASED UPON THE CRITERIA ESTABLISHED BY THE FUNDER. GRANTS ARE ONLY DISBURSED AFTER RECEIVING WRITTEN AND SIGNED ACKNOWLEDGEMENT BY THE GRANTEE OF THE RESTRICTIONS OF THE GRANT. AT THE END OF THE TERM OF THE GRANT, ALL EARNED FUNDS ARE DISBURSED TO THE GRANTEE IN ACCORDANCE WITH THE TERMS OF THE ORIGINAL BFF AGREEMENT LETTER. IN 2018, BUILDING FOR THE FUTURE, INC. DISBURSED $472,964 AS GRANT SUPPORT.ALL PREVIOUSLY PLANNED PROGRAMMATIC ACTIVITIES WERE CONCLUDED BY 12/31/2018. THE ENTITY REMAINS FOR ADMINISTRATIVE PURPOSES AND FOR THE POTENTIAL EVENT OF A RESUMPTION OF PROGRAMMATIC ACTIVITIES FUNDED BY A THIRD PARTY IN THE FUTURE.DescriptionProgramSrvcAccomTxt
Grants And Allocations$472,964GrantsAndAllocationsAmt
Program Service Expenses$472,964ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$472,964TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (7 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ANTONY BUGG-LEVINE
DIRECTOR/PRESIDENT2.00$0$0$0
NORAH MCVEIGH
SECRETARY2.00$0$0$0
STEPHEN DEBERRY
DIRECTOR2.00$0$0$0
DAVID ERICKSON
DIRECTOR2.00$0$0$0
RUTH SALZMAN
DIRECTOR2.00$0$0$0
SONAL SHAH
DIRECTOR THRU 12/31/182.00$0$0$0
CRAIG REIGEL
CFO2.00$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)
PersonCRAIG REIGEL 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)
Phone4152554849PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
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 ReferenceFORM 990 SCHEDULE A, PART I, LINE 12G, COLUMN (VI):FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION PROVIDES TECHNICAL ASSISTANCE AND PLANNING SERVICES, AND ADVISES THE NONPROFIT FINANCE FUND OF THE OPPORTUNITIES TO SUPPORT NONPROFIT ORGANIZATIONS PLAN THEIR LONG TERM FACILITY NEEDS AND MANAGE THEIR ASSETS EFFECTIVELY.ExplanationTxt

Schedule N IRS990ScheduleN

Disposition Of Assets Detail DispositionOfAssetsDetail (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 22BINGHAM 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 80DETROITMI48202501(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 Successor20DirectorOfSuccessor2Ind
Employee Of Successor20EmployeeOfSuccessor2Ind
Owner Of Successor20OwnerOfSuccessor2Ind
Receive Compensation20ReceiveCompensation2Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 8 - OTHER REVENUEDESCRIPTION: INTEREST INCOME. AMOUNT: 32.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: . GRANTEE NAME: AFFIRMATIONS. GRANTEE ADDRESS: 290 W NINE MILE ROAD FERNDALE , MI 48220. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 12/31/18. AMOUNT GIVEN: 24,000.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: . GRANTEE NAME: ALTERNATIVES FOR GIRLS. GRANTEE ADDRESS: 903 W GRAND BLVD DETROIT, MI 48208. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 12/31/18. AMOUNT GIVEN: 2,000.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: . GRANTEE NAME: BIRMINGHAM BLOOMFIELD ART CENTER. GRANTEE ADDRESS: 1516 S. CRANBROOK RD. BIRMINGHAM, MI 48009. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 12/31/18. AMOUNT GIVEN: 64,000.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: . GRANTEE NAME: JUDSON CENTER. GRANTEE ADDRESS: 4410 W THIRTEEN MILE RD ROYAL OAK, MI 48073. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 12/31/18. AMOUNT GIVEN: 51,269.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: . GRANTEE NAME: MICHIGAN HUMANE SOCIETY. GRANTEE ADDRESS: 30300 TELEGRAPH ROAD, SUITE 220 BINGHAM FARMS, MI 48025. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 12/31/18. AMOUNT GIVEN: 39,000.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: . GRANTEE NAME: SERVICES TO ENHANCE POTENTIAL. GRANTEE ADDRESS: 2941 S GULLEY RD DEARBORN, MI 48124. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 12/31/18. AMOUNT GIVEN: 79,695.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: . GRANTEE NAME: STARR COMMONWEALTH. GRANTEE ADDRESS: 13725 STARR COMMONWEALTH RD ALBION, MI 49224. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 12/31/18. AMOUNT GIVEN: 136,000.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: . GRANTEE NAME: WAYNE- METROPOLITAN COMMUNITY ACTION. GRANTEE ADDRESS: 7310 WOODWARD AVENUE, SUITE 800 DETROIT, MI 48202. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 12/31/18. AMOUNT GIVEN: 77,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 472,964.
FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETSDESCRIPTION: ADJUSTMENT TO INTERCOMPANY RECEIVABLE. AMOUNT: -386,252. DESCRIPTION: ADJUSTMENT TO NET ASSETS. AMOUNT: -15,161. TOTAL TO FORM 990-EZ, LINE 20: -401,413.
FORM 990-EZ, PART II, LINE 24 - OTHER ASSETSDESCRIPTION: CASH HELD AS AGENT. BEG. OF YEAR AMOUNT: 727,040. END OF YEAR AMOUNT: 0. DESCRIPTION: DUE FROM AFFILIATE. BEG. OF YEAR AMOUNT: 386,946. END OF YEAR AMOUNT: 0.
FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIESDESCRIPTION: CASH HELD AS AGENT. BEG. OF YEAR AMOUNT: 727,040. END OF YEAR AMOUNT: 0.

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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