She Built This City FY2023 filing

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To provide industry disruptive programming that sparks interest and builds pathways to lucrative careers in the skilled trades for youth, women and marginalized communities.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$47K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $141K a year · 17% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$47K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
18 mo
of spending, in cash
Looks good: 18.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $308K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
−$14K
-1% of total assets
Looks good: liabilities are -1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+61% vs prior year
Spent
$521K
To programs
79%
Net assets
$1.2M
By yearFY2020–FY2025
Revenue
$1.2M
FY2023▲ +61%
Tap a bar for its year
Revenue by fiscal year
FY2020$375K
FY2021$502K
FY2022$771K
FY2023$1.2M
FY2025$1.4M
Expenses
$521K
FY2023▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2020$120K
FY2021$437K
FY2022$571K
FY2023$521K
FY2025$1.9M
Net assets
$1.2M
FY2023▲ +100%
Tap a bar for its year
Net assets by fiscal year
FY2020$294K
FY2021$427K
FY2022$621K
FY2023$1.2M
FY2025$857K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2019.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $409K Management & general 14% · $72K Fundraising 8% · $39K

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

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Who runs it and what they're paid

10 people listed on the 990; $47K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$46,775Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Latoya Faustin’s $98K as CEO is at the 30th percentile of top reported officer pay among 3395 $1–10M education 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 · 1 named individual · Part VII

NameFY2025FY2023
Latoya Faustin$97,960$46,775

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 She Built This City 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 15aYes

Programs and updates

Provides education and technical training to empower individuals.

Questions for She Built This City

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1 program · $409K · in their own filed words · FY2023
01

Expansion and Local Impact

She Built This City (SBTC) is embarking on an exciting phase of expansion, with a keen focus on enhancing its local impact within Mecklenburg County. One notable development is the establishment of a new workshop, signaling SBTC's commitment to exploring new areas within the county.

$409Kprogram 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 · FY2024
See all 8 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Gifts and grantsLn 1h$1.1M
Fees for servicesLn 2g$128K
Investment incomeLn 3$481
Money outPt IX
$521K
Ln 25
Programscol B$409K
Managementcol C$72K
Fundraisingcol D$39K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$793K
Total assetsLn 16$1.2M
LiabilitiesLn 26−$14K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Fees for servicesLn 2g$128K
Investment incomeLn 3$481
Gains on assetsLn 7$0
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$793K
Cash and savings togetherLn 1–2$793K
Accounts receivableLn 4$424K
Land, buildings, equipmentLn 10c$16K
Other assetsLn 15−$6K
Total assetsLn 16$1.2M
LiabilitiesLn 26−$14K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 529
VolunteersI 6189
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 FY23End FY23
Cash and savingsLn 1–2$598K$793K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$16K$16K
Total assetsLn 16$624K$1.2M
LiabilitiesLn 26$3K−$14K
Net assetsLn 32$621K$1.2M
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$47K$47K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$170K$170K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$14K$14K
Payroll taxesLn 10$1K$1K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$86K$78K$5K$2K
Advertising and promotionLn 12$11K$6K$5K
Office expensesLn 13$23K$13K$9K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$24K$7K$17K
TravelLn 17$5K$5K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$119K$93K$26K$454
All other expensesLn 24e$13K−$12K$9K$15K
Total functional expensesLn 25$521K$409K$72K$39K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 15, 2026 $1.4M$1.9M−$530K$857K 990 PDF
FY2024 Not on file
FY2023 ViewingFiled with the IRS May 14, 2024 $1.2M$521K$717K$1.2M 990 PDF
FY2022Filed with the IRS May 29, 2023 $771K$571K$199K$621K 990 PDF
FY2021Filed with the IRS Jun 20, 2022 $502K$437K$65K$427K 990 PDF
FY2020Filed with the IRS May 17, 2021 $375K$120K$254K$294K 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 FY2023 990 (6 parts)
Part I · Summary $1,237,289 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $632,610$1,108,599
I-9 Program service revenuePrior year $138,057$128,209
I-10 Investment incomePrior year $8$481
I-11 Other revenue$0
I-12 Total revenuePrior year $770,675$1,237,289
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $268,290$231,589
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $303,164$289,103
I-18 Total expensesPrior year $571,454$520,692
I-19 Revenue less expensesPrior year $199,221$716,597
Part VI · Governance 9 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,237,289 across 9 lines filed
VIII-1f All other contributions, gifts and grants$1,108,599
VIII-1h Total contributions, gifts and grants$1,108,599
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $128,209$128,209
VIII-3 Investment incomeExcluded from tax $481$481
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $128,209 · Excluded from tax $481$1,237,289
Part IX · Statement of functional expenses $520,692 across 31 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 $46,775$46,775
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $170,275$170,275
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsManagement $13,515$13,515
IX-10 Payroll taxesPrograms $1,024$1,024
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 servicesPrograms $78,203 · Management $5,488 · Fundraising $1,952$85,643
IX-12 Advertising and promotionPrograms $6,237 · Fundraising $5,110$11,347
IX-13 Office expensesPrograms $13,453 · Management $9,159$22,612
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $6,781 · Fundraising $16,753$23,534
IX-17 TravelPrograms $4,624$4,624
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $9,636$9,636
IX-24 Other expenses (24a–d)Programs $93,146 · Management $25,606 · Fundraising $454$119,206
IX-24e All other expensesPrograms −$11,530 · Management $8,961 · Fundraising $15,070$12,501
IX-25 Total functional expensesPrograms $408,988 · Management $72,365 · Fundraising $39,339$520,692
Part X · Balance sheet $1,226,697 assets, 23 lines filed
X-1 Cash, non-interest-bearingStart of year $597,752$792,775
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $9,500$423,976
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $16,328$16,328
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets−$6,382
X-16 Total assetsStart of year $623,580$1,226,697
X-17 Accounts payable and accrued expenses−$24,822
X-25 Other liabilitiesStart of year $3,062$10,862
X-26 Total liabilitiesStart of year $3,062−$13,960
X-27 Net assets without donor restrictionsStart of year $620,518$1,180,657
X-28 Net assets with donor restrictions$60,000
X-32 Total net assets or fund balancesStart of year $620,518$1,240,657
X-33 Total liabilities and net assetsStart of year $623,580$1,226,697
Part XI · Reconciliation of net assets $1,240,657 net assets at year end
XI-1 Total revenue$1,237,289
XI-2 Total expenses$520,692
XI-3 Revenue less expenses$716,597
XI-4 Net assets at start of year$620,518
XI-8 Prior period adjustments−$96,458
XI-10 Net assets at end of year$1,240,657

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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