Build Urban Prosperity

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Build Urban Prosperity partners with its related organization, Build up, to achieve the same goal of providing low-income youth with career-ready skills through education and training. The organizations are related through common management and board members. The primary purpose of Build Urban Prosperity is to hold purchased real estate that its not-for-profit partner, Build up, uses to help train students in learning construction skills and improve value in low income neighborhoods.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
Run by 10 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Looks good: 3.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.8M
73% of total assets
Worth a look: liabilities are 73% of assets; over 65%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9K
Spent
$176K
To programs
80%
Net assets
$656K

From the FY2022 Form 990 (year ending June 2022) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022. IRS ruling in Sep 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $141K Management & general 15% · $26K Fundraising 5% · $9K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Build Urban Prosperity executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Acquires real estate to support youth job training and neighborhood revitalization.

Questions for Build Urban Prosperity

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1 program · $141K · in their own filed words · FY2021
01

During 2021-2022, workforce skills and education was provided to numerous students throughout the birmingham metropolitan area.

$141Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$50K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$9K
Ln 12
Other incomeLn 4–11$9K
Money outPt IX
$176K
Ln 25
Programscol B$141K
Managementcol C$26K
Fundraisingcol D$9K
Owns and owesPt X
$656K
net assets · Ln 32
Cash and savingsLn 1–2$54K
Total assetsLn 16$2.4M
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Other incomeLn 4–11$9K
Gains on assetsLn 7$0
Total revenueLn 12$9K
Assets in detailPt X, end of year
CashLn 1$54K
Cash and savings togetherLn 1–2$54K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$2.3M
Total assetsLn 16$2.4M
LiabilitiesLn 26$1.8M
Net assetsLn 32$656K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$11K$54K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$3.1M$2.4M
LiabilitiesLn 26$2.3M$1.8M
Net assetsLn 32$822K$656K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$9K$7K$1K$434
Other fees for servicesLn 11g$2K$1K$246$82
Advertising and promotionLn 12$40$32$6$2
Office expensesLn 13$2K$2K$363$120
OccupancyLn 16$2K$2K$293$98
TravelLn 17$3K$3K$524$175
InterestLn 20$3K$2K$430$143
InsuranceLn 23$1K$959$180$60
Other expenses (24a–d)Ln 24$131K$105K$20K$7K
All other expensesLn 24e$22K$18K$3K$1K
Total functional expensesLn 25$176K$141K$26K$9K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest ViewingFiled with the IRS May 12, 2023 $9K$176K−$166K$656K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $9,475 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $235,665$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $5,260$9,475
I-12 Total revenuePrior year $240,925$9,475
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $98,543$175,776
I-18 Total expensesPrior year $98,543$175,776
I-19 Revenue less expensesPrior year $142,382−$166,301
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $9,475 across 3 lines filed
VIII-6 Net rental income or lossRelated to mission $9,475$9,475
VIII-7 Net gain or loss on sales of assets$0
VIII-12 Total revenueRelated to mission $9,475 · Unrelated business $0 · Excluded from tax $0$9,475
Part IX · Statement of functional expenses $175,776 across 10 lines filed
IX-11b Legal feesPrograms $6,952 · Management $1,303 · Fundraising $434$8,689
IX-11g Other fees for servicesPrograms $1,312 · Management $246 · Fundraising $82$1,640
IX-12 Advertising and promotionPrograms $32 · Management $6 · Fundraising $2$40
IX-13 Office expensesPrograms $1,937 · Management $363 · Fundraising $120$2,420
IX-16 OccupancyPrograms $1,560 · Management $293 · Fundraising $98$1,951
IX-17 TravelPrograms $2,795 · Management $524 · Fundraising $175$3,494
IX-20 InterestPrograms $2,294 · Management $430 · Fundraising $143$2,867
IX-23 InsurancePrograms $959 · Management $180 · Fundraising $60$1,199
IX-24 Other expenses (24a–d)Programs $104,987 · Management $19,684 · Fundraising $6,562$131,233
IX-24e All other expensesPrograms $17,795 · Management $3,337 · Fundraising $1,111$22,243
IX-25 Total functional expensesPrograms $140,623 · Management $26,366 · Fundraising $8,787$175,776
Part X · Balance sheet $2,406,924 assets, 8 lines filed
Asset lines not itemized here account for $20,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $10,524$54,297
X-10c Land, buildings and equipment, netStart of year $0$0
X-15 Other assetsStart of year $3,059,836$2,332,627
X-16 Total assetsStart of year $3,090,360$2,406,924
X-25 Other liabilitiesStart of year $2,168,286$1,703,286
X-26 Total liabilitiesStart of year $2,268,421$1,751,286
X-32 Total net assets or fund balancesStart of year $821,939$655,638
X-33 Total liabilities and net assetsStart of year $3,090,360$2,406,924
Part XI · Reconciliation of net assets $655,638 net assets at year end
XI-1 Total revenue$9,475
XI-2 Total expenses$175,776
XI-3 Revenue less expenses−$166,301
XI-4 Net assets at start of year$821,939
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$655,638

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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