BUILD COMMONWEALTH INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
BUILD COMMONWEALTH INC (EIN 04-3540147)
Tax period
2024-10-01 to 2025-09-30
Filed
2026-03-21
IRS object ID
202630809349300603
Schema version
2024v5.5
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)
Return2026-03-21T07:09:02-05:00ReturnTs
Tax Period End2025-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN043530932PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PAVENTO RATCLIFFE RENZI & CO LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1391 East Central St Unit 8AAddressLine1Txt
CityFranklinCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02038ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043540147EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Build Commonwealth IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBUILBusinessNameControlTxt
Phone6175419066PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1265 Franklin Street 1702AddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02110ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTimothy FlackePersonNm
Person TitleChief Executive OfficerPersonTitleTxt
Phone6175419065PhoneNum
Signature2026-03-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJohn A RatcliffePreparerPersonNm
PTINP00551279PTIN
Phone5085533091PhoneNum
Preparation2026-03-10PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerTimothy FlackePrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1265 Franklin Street 1702AddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02110ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,775,251GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.buildcommonwealth.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionBuild Commonwealth, Inc. strengthens the financial opportunity and security of low-and moderate-income consumers by innovating, incubating and stimulating new financial products and policies. Build Commonwealth, Inc. envisions a world where the financial system promotes lasting social and economic prosperity for every family.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee40TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$13,941,825PYContributionsGrantsAmt
CY Contributions Grants$1,438,050CYContributionsGrantsAmt
PY Program Service Revenue$846,400PYProgramServiceRevenueAmt
CY Program Service Revenue$142,500CYProgramServiceRevenueAmt
PY Investment Income$151,338PYInvestmentIncomeAmt
CY Investment Income$194,701CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$14,939,563PYTotalRevenueAmt
CY Total Revenue$1,775,251CYTotalRevenueAmt
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$3,991,846PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,253,918CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$144,356CYTotalFundraisingExpenseAmt
PY Other Expenses$1,950,480PYOtherExpensesAmt
CY Other Expenses$2,144,395CYOtherExpensesAmt
PY Total Expenses$5,942,326PYTotalExpensesAmt
CY Total Expenses$6,398,313CYTotalExpensesAmt
PY Revenues Less Expenses$8,997,237PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$4,623,062CYRevenuesLessExpensesAmt
Total Assets BOY$13,586,512TotalAssetsBOYAmt
Total Assets EOY$8,676,886TotalAssetsEOYAmt
Total Liabilities BOY$675,024TotalLiabilitiesBOYAmt
Total Liabilities EOY$354,338TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$12,911,488NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,322,548NetAssetsOrFundBalancesEOYAmt
MissionSee Schedule O Form 990, Part I, Line 1MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,736,494ExpenseAmt
Revenue$142,500RevenueAmt
DescAll of Build Commonwealth's work is focused on improving the economic well-being of millions of financially vulnerable Americans through innovation. Build Commonwealth generates practical ideas for financial products, services and policies, pilot tests its ideas, and pursues scale strategies to reach millions of households.Desc
Total Program Service Expenses$5,736,494TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
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 MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document27IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee40EmployeeCnt
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 Members12GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
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 OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Timothy FlackeBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6175419064PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Build Commonwealth Inc 265 FranklinAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02110ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
Fred T Goldberg Jr
Director2.00Yes (X)$0$0$0
Dr Kelli Keough
Director2.00Yes (X)$0$0$0
Professor Georgia Keohane
Director2.00Yes (X)$0$0$0
Professor Peter Tufano
President2.00Yes (X)$0$0$0Yes (X)
Timothy Flacke
CEO, Secy & Treasurer40.00Yes (X)$231,744$0$23,957Yes (X)
Lacrecia Cade
Director2.00Yes (X)$0$0$0
Evelyn Stark
Director2.00Yes (X)$0$0$0
Celia Edwards Karam
Director2.00Yes (X)$0$0$0
Mary Dent
Director2.00Yes (X)$0$0$0
Haydee Moreno
Director2.00Yes (X)$0$0$0
Debra Plousha-Moore
Director2.00Yes (X)$0$0$0
Nicholas Maynard
Sr. Vice President40.00$200,037$0$7,115Yes (X)
Paula Grieco
Sr. Vice President40.00$205,500$0$7,285Yes (X)
Michelle Carter
Sr. Vice President40.00$168,489$0$23,294Yes (X)
Brenda Velazquez
Sr. Vice President40.00$173,976$0$5,143Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$979,746TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$66,794TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K13IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Catherine New
1000 Cordova Place PMB512Santa FeNM87505Program Consultant$180,960
Mubulushu International Inc
74 Bolton RoadHarvardMA01451Researcher$126,000
Haydee Moreno
2605 Inridge DriveAustinTX78745Program Consulting$118,157
Shana Beal
190 Via LeridaGreenbraeCA94904Program Consultant$115,000
Qualtrics LLC
PO Box 29650PhoenixAZ85038Survey Support$104,835
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,438,050AllOtherContributionsAmt
Total Contributions$1,438,050TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescDEV FINL SEC INITIATIVDesc
Business900099BusinessCd
Total Revenue Column$142,500TotalRevenueColumnAmt
Related Or Exempt Func Income$142,500RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$142,500TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$194,701TotalRevenueColumnAmt
Exclusion$194,701ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,775,251TotalRevenueColumnAmt
Related Or Exempt Func Income$142,500RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$194,701ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$301,958TotalAmt
Program Services$226,468ProgramServicesAmt
Management And General$30,196ManagementAndGeneralAmt
Fundraising$45,294FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,140,073TotalAmt
Program Services$2,857,218ProgramServicesAmt
Management And General$207,807ManagementAndGeneralAmt
Fundraising$75,048FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$552,804TotalAmt
Program Services$439,546ProgramServicesAmt
Management And General$112,062ManagementAndGeneralAmt
Fundraising$1,196FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$259,083TotalAmt
Program Services$230,749ProgramServicesAmt
Management And General$18,736ManagementAndGeneralAmt
Fundraising$9,598FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$33,654TotalAmt
Program Services$33,654ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$120,537TotalAmt
Program Services$5,158ProgramServicesAmt
Management And General$115,379ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$388,829TotalAmt
Program Services$388,826ProgramServicesAmt
Management And General$3ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$176,818TotalAmt
Program Services$157,832ProgramServicesAmt
Management And General$12,352ManagementAndGeneralAmt
Fundraising$6,634FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$55,283TotalAmt
Program Services$52,092ProgramServicesAmt
Management And General$3,191ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$53,588TotalAmt
Program Services$53,409ProgramServicesAmt
Management And General$179ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$10,676TotalAmt
Program Services$9,529ProgramServicesAmt
Management And General$746ManagementAndGeneralAmt
Fundraising$401FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Special Projects$816,665$813,665$3,000
Marketing & Materials$279,085$278,854$231
Small Equipment$85,848$76,630$5,997$3,221
Office Operations$78,955$70,468$5,523$2,964

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$44,457TotalAmt
Program Services$42,396ProgramServicesAmt
Management And General$2,061ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,398,313TotalAmt
Program Services$5,736,494ProgramServicesAmt
Management And General$517,463ManagementAndGeneralAmt
Fundraising$144,356FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$50,639BOYAmt
EOY$50,443EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,917,617BOYAmt
EOY$3,554,321EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$8,925,000BOYAmt
EOY$3,800,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$290,035BOYAmt
EOY$78,833EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$71,057BOYAmt
EOY$42,192EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$402,749LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$390,879LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$16,006BOYAmt
EOY$11,870EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$971,296BOYAmt
EOY$1,044,668EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$344,862BOYAmt
EOY$94,559EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$13,586,512BOYAmt
EOY$8,676,886EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$366,988BOYAmt
EOY$296,605EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$308,036BOYAmt
EOY$57,733EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$675,024BOYAmt
EOY$354,338EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,269,988BOYAmt
EOY$2,289,321EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$10,641,500BOYAmt
EOY$6,033,227EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,911,488BOYAmt
EOY$8,322,548EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,586,512BOYAmt
EOY$8,676,886EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$4,623,062ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$34,122NetUnrlzdGainsLossesInvstAmt
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)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,532,608CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,522,509CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,053,466CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,941,825CurrentTaxYearMinus1YearAmt
Current Tax Year$1,438,050CurrentTaxYearAmt
Total$25,488,458TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$355,422CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$96,279CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$894,070CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$846,400CurrentTaxYearMinus1YearAmt
Current Tax Year$142,500CurrentTaxYearAmt
Total$2,334,671TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,888,030CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,618,788CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,947,536CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,788,225CurrentTaxYearMinus1YearAmt
Current Tax Year$1,580,550CurrentTaxYearAmt
Total$27,823,129TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$27,823,129PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,805CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,470CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$113,390CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$151,338CurrentTaxYearMinus1YearAmt
Current Tax Year$194,701CurrentTaxYearAmt
Total$476,704TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,805CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,470CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$113,390CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$151,338CurrentTaxYearMinus1YearAmt
Current Tax Year$194,701CurrentTaxYearAmt
Total$476,704TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$19,316CurrentTaxYearMinus4YearsAmt
Total$19,316TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,917,151CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,626,258CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,060,926CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,939,563CurrentTaxYearMinus1YearAmt
Current Tax Year$1,775,251CurrentTaxYearAmt
Total$28,319,149TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.98250PublicSupportCY509Pct
Public Support PY5090.97600PublicSupportPY509Pct
Investment Income CY0.01680InvestmentIncomeCYPct
Investment Income PY0.01140InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

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 C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$384,324CurrentYearMinus3Amt
Current Year Minus2$430,270CurrentYearMinus2Amt
Current Year Minus1$447,116CurrentYearMinus1Amt
Total$1,261,710TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$1,892,565LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$2,955CurrentYearMinus3Amt
Current Year Minus2$2,461CurrentYearMinus2Amt
Current Year Minus1$1,087CurrentYearMinus1Amt
Current Year$0CurrentYearAmt
Total$6,503TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$96,081CurrentYearMinus3Amt
Current Year Minus2$107,568CurrentYearMinus2Amt
Current Year Minus1$111,779CurrentYearMinus1Amt
Total$315,428TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$473,142GrassrootsCeilingAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$90,629OtherCostOrOtherBasisAmt
Depreciation$87,918DepreciationAmt
Book Value$2,711BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$220,832OtherCostOrOtherBasisAmt
Depreciation$211,673DepreciationAmt
Book Value$9,159BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$91,288OtherCostOrOtherBasisAmt
Depreciation$91,288DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$11,870TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLease liabilityDesc
Amt$57,733Amt
FieldValueIRS element (for citing)
Total Liability$57,733TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$1,809,373TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$34,122NetUnrealizedGainsInvstAmt
Revenue Not Reported$34,122RevenueNotReportedAmt
Revenue Subtotal$1,775,251RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,775,251TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,398,313TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$6,398,313ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,398,313TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
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 (5 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
Timothy Flacke
CEO, Secy & Treasurer$231,744$0$0$0$0$0$0$0$23,957$0$255,701$0$0$0
Paula Grieco
Sr. Vice President$205,500$0$0$0$0$0$0$0$7,285$0$212,785$0$0$0
Nicholas Maynard
Sr. Vice President$200,037$0$0$0$0$0$0$0$7,115$0$207,152$0$0$0
Michelle Carter
Sr. Vice President$168,489$0$0$0$0$0$0$0$23,294$0$191,783$0$0$0
Brenda Velazquez
Sr. Vice President$173,976$0$0$0$0$0$0$0$5,143$0$179,119$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 3FormAndLineReferenceDesc
ExplanationSee Schedule O - Form 990, Part VI, Section B, Line 15 explanationExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonHaydee MorenoPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionDirectorRelationshipDescriptionTxt
Transaction$118,157TransactionAmt
Transactionpayment for program consultingTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bThe tax return is reviewed by the Audit Committee; once approved it is sent electronically to all members of the Board of Directors and any questions forwarded to the appropriate staff.
Form 990, Part VI, Section B, line 12cAll Directors understand their obligations with regard to disclosing potential conflicts of interest and are encouraged to do so when such potential conflicts arise throughout the year, particularly during quarterly board meetings.
Form 990, Part VI, Section B, line 15The Chief Executive Officer's compensation is determined by a Board of Directors' committee after reviewing performance, comparable data and determining what would be equitable for both the Organization and the Chief Executive Officer. Staff compensation is approved by the Chief Executive Officer & HR following annual reviews and self-reviews by each employee. Consideration is given to comparisons of salaries of similar nonprofit organizations. All compensation decisions are supported with written Build Commonwealth, Inc. documentation that is stored in office files.
Form 990, Part VI, Section C, line 19The Organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

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