Build Institute

Tax-deductible

Detroit, MI501(c)(3)Community DevelopmentEIN 82-3521553

To empower people to launch ideas and grow businesses by providing access to education, resources and a supportive engaged community.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
Run by 15 volunteers and 11 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $312K a year · 31% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$102K
to officers and key staff · 7% of spending
Top officer’s pay lower than 79% of similar orgs
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $841K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$61K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
+163% vs prior year
Spent
$1.5M
To programs
86%
Net assets
$832K
By yearFY2020–FY2024
Revenue
$1.4M
FY2024▲ +163%
Revenue by fiscal year
FY2020$761K
FY2021$811K
FY2022$1.4M
FY2023$539K
FY2024$1.4M
Expenses
$1.5M
FY2024▼ -11%
Expenses by fiscal year
FY2020$1.0M
FY2021$1.1M
FY2022$1.2M
FY2023$1.7M
FY2024$1.5M
Net assets
$832K
FY2024▼ -9%
Net assets by fiscal year
FY2020$2.1M
FY2021$1.9M
FY2022$2.1M
FY2023$913K
FY2024$832K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2018.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $1.3M Management & general 10% · $143K Fundraising 5% · $70K

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

Who runs it and what they're paid

13 people listed on the 990; $102K paid to officers and key staff.

Part VII, Section A · reportable compensation
President and CEO
$102,416Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Regina Ann Campbell’s $102K as President and CEO is at the 21st percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2022FY2021FY2020
Regina Ann Campbell$102,416$125,448$118,511$21,735
April Boyle———$118,326

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Build Institute executive salaries →

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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

Empowering people to launch ideas and grow businesses through education, resources, and community.

Provided by the organization

This section is blank until Build Institute claims this page.

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1 program service account for $1.3M of program spending, described in the organization's own filed words · FY2024.
01

Build Institute has graduated over 1800 aspiring and experienced entrepreneurs from our classes, many of whom have gone on to start successful businesses in the city. In addition to classes, we offer networking events, mentorship, connections to resources and a nurturing community that allows ideas to develop and flourish over time.

$1.3Mprogram expense

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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 · FY2024
See all 6 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Gifts and grantsLn 1h$1.3M
Fees for servicesLn 2g$65K
Other incomeLn 4–11$13K
Money outPt IX
$1.5M
Ln 25
Programscol B$1.3M
Managementcol C$143K
Fundraisingcol D$70K
Owns and owesPt X
$832K
net assets · Ln 32
Cash and savingsLn 1–2$372K
Total assetsLn 16$893K
LiabilitiesLn 26$61K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Fees for servicesLn 2g$65K
Investment incomeLn 3$192
Other incomeLn 4–11$13K
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$372K
Cash and savings togetherLn 1–2$372K
Land, buildings, equipmentLn 10c$65K
Total assetsLn 16$893K
LiabilitiesLn 26$61K
Net assetsLn 32$832K
OperationsPt I, VI
EmployeesI 511
VolunteersI 615
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$451K$372K
Land, buildings, equipmentLn 10c$256K$65K
Total assetsLn 16$1.1M$893K
LiabilitiesLn 26$149K$61K
Net assetsLn 32$913K$832K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$102K$80K$14K$9K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$359K$302K$34K$22K
Pension plan contributionsLn 8$11K$8K$1K$976
Other employee benefitsLn 9$62K$49K$8K$5K
Payroll taxesLn 10$37K$29K$5K$3K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$74K$57K$17K
Office expensesLn 13$6K$5K$669$425
Information technologyLn 14$61K$50K$7K$4K
RoyaltiesLn 15$0
OccupancyLn 16$79K$77K$2K$1K
TravelLn 17$15K$12K$2K$1K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$71K$71K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$176K$144K$19K$12K
InsuranceLn 23$8K$6K$2K
Other expenses (24a–d)Ln 24$408K$381K$25K$2K
All other expensesLn 24e$29K$14K$6K$9K
Total functional expensesLn 25$1.5M$1.3M$143K$70K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.4M$1.5M−$82K$832K 990 PDF
FY2023 $539K$1.7M−$1.1M$913K 990 PDF
FY2022 $1.4M$1.2M$201K$2.1M 990 PDF
FY2021 $811K$1.1M−$263K$1.9M 990 PDF
FY2020 $761K$1.0M−$270K$2.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,416,581 across 8 lines filed
VIII-1f All other contributions, gifts and grants$1,338,526
VIII-1h Total contributions, gifts and grants$1,338,526
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $64,690$64,690
VIII-3 Investment incomeRelated to mission $192$192
VIII-6 Net rental income or lossExcluded from tax $7,334$7,334
VIII-8 Net income from fundraising eventsExcluded from tax $5,408$5,408
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $431$431
VIII-12 Total revenueRelated to mission $65,313 · Excluded from tax $12,742$1,416,581
Part IX · Statement of functional expenses $1,498,090 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $79,987 · Management $13,724 · Fundraising $8,705$102,416
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $302,423 · Management $34,367 · Fundraising $21,928$358,718
IX-8 Pension plan contributionsPrograms $8,455 · Management $1,409 · Fundraising $976$10,840
IX-9 Other employee benefitsPrograms $48,608 · Management $8,382 · Fundraising $5,235$62,225
IX-10 Payroll taxesPrograms $28,621 · Management $4,911 · Fundraising $3,115$36,647
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $56,646 · Management $17,041$73,687
IX-13 Office expensesPrograms $4,984 · Management $669 · Fundraising $425$6,078
IX-14 Information technologyPrograms $50,388 · Management $6,759 · Fundraising $4,301$61,448
IX-15 Royalties$0
IX-16 OccupancyPrograms $76,673 · Management $1,668 · Fundraising $1,062$79,403
IX-17 TravelPrograms $12,006 · Management $1,611 · Fundraising $1,025$14,642
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $70,591$70,591
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $144,451 · Management $19,378 · Fundraising $12,331$176,160
IX-23 InsurancePrograms $5,617 · Management $2,295$7,912
IX-24 Other expenses (24a–d)Programs $381,494 · Management $25,068 · Fundraising $1,647$408,209
IX-24e All other expensesPrograms $14,397 · Management $5,881 · Fundraising $8,836$29,114
IX-25 Total functional expensesPrograms $1,285,341 · Management $143,163 · Fundraising $69,586$1,498,090
Part X · Balance sheet $893,276 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $450,864$372,379
X-4 Accounts receivableStart of year $307,048$414,510
X-9 Prepaid expenses and deferred chargesStart of year $14,708$41,069
X-10c Land, buildings and equipment, netStart of year $256,478$65,318
X-16 Total assetsStart of year $1,062,595$893,276
X-17 Accounts payable and accrued expensesStart of year $30,583$61,315
X-26 Total liabilitiesStart of year $149,123$61,315
X-27 Net assets without donor restrictionsStart of year $158,202−$126,382
X-28 Net assets with donor restrictionsStart of year $755,270$958,343
X-32 Total net assets or fund balancesStart of year $913,472$831,961
X-33 Total liabilities and net assetsStart of year $1,062,595$893,276
Part XI · Reconciliation of net assets $831,961 net assets at year end
XI-1 Total revenue$1,416,581
XI-2 Total expenses$1,498,090
XI-3 Revenue less expenses−$81,509
XI-4 Net assets at start of year$913,472
XI-8 Prior period adjustments−$2
XI-10 Net assets at end of year$831,961

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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