Building Changes EIN 91-1410450

Building Changes FY2021 filing

EIN  91-1410450 Public charity (501(c)(3)) Seattle, WA Founded 1988
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Verified accurate 8/16/26 · see original filing: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Building Changes claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Advances equitable responses to homelessness in Washington State by strengthening housing and school systems to better support children, youth, and families.
Leadership
Armilito Pangilinan · CFO · $190K
Money in and out
$7.6M revenue, $4.9M expenses
Bottom line
78% program efficiency

Advances equitable responses to homelessness in Washington State by strengthening housing and school systems to better support children, youth, and families. For fiscal year 2021 it reported $7.6M in revenue, $4.9M in expenses, and $10.9M in net assets.Pt I

Where the money goes · FY2021
Total revenue
$7.6M
Pt VIII · Ln 12
Total expenses
$4.9M
Pt IX · Ln 25
Net assets
$10.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.6M
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.15 Fundraising $0.07
Program efficiency
78%
of spending reaches programs
Surplus margin
+35%
revenue over expenses, this year
Donor-funded
98%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$7.6M
FY2021▲ +4%
Expenses
$4.9M
FY2021▼ -40%
Total assets
$14.1M
FY2021▲ +23%
Total liabilities
$3.3M
FY2021▲ +25%
Total revenue
$7.6M
Pt VIII · Ln 12
Total expenses
$4.9M
Pt IX · Ln 25
Net assets
$10.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.6M
Total assetsPt X · Ln 16$14.1M
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

3 program services account for $3.7M of program spending, described in the organization's own filed words · FY2021.
01

Housing Crisis

Through grantmaking, technical assistance and research and evaluation, Building Changes works on improving equitable access and experiences for children, youth, and families impacted by housing crises by securing adequate and sustainable resources for homeless and housing systems, facilitating cross-system collaboration, and holding…

$1.8Mprogram expense
02

Education

Building Changes works on improving academic and housing outcomes for students by securing adequate and sustainable resources and capacity for education and housing systems, facilitating leadership buy-in and cross-system collaboration, and holding those systems accountable to advance racially equitable and culturally responsive…

$1.4Mprogram expense
03

Knowledge Sharing and Policy

Our policy efforts focus on regulatory and legislative changes that prevent, reduce and mitigate the impact of homelessness in Washington State. We work across systems with partners in child welfare, employment and education to identify key policy initiatives, pursue fixes and influence long-term policy agendas that result in more…

$457Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBuilding Changes
EINHdr · item D91-1410450
Principal addressHdr · item CSeattle, WA
WebsiteHdr · item Jwww.buildingchanges.org
Year of formationHdr · item L1988
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G81B)
Ruling yearIRS BMFMar 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$190,381Pt VII · Sec A
Executive Director
$169,519Pt VII · Sec A
Managing Director, Programs
$166,813Pt VII · Sec A
Director of Research & Evaluat
$121,342Pt VII · Sec A
Strategic Communications Lead
$106,863Pt VII · Sec A
Executive Director
$20,364Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Daniel Zavala’s $159K as Executive Director is at the 59th percentile of top reported officer pay among 731 $1–10M diseases & disorders 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Armilito Pangilinan$190,381
Daniel Zavala$159,033$177,200$150,862$124,981
Armilito Pangilinan$174,658
Felicia Salcedo$171,307$139,150
Daniel Zavala$169,519
Liza Burell$166,813
Annie Pennucci$150,056
Liza Burell$134,549$148,470$146,682

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 Building Changes executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$7.4M · 98%
Investment income$128K · 2%
Program service revenue$60K · 1%
Contributions & grants98%$7.4M
Investment income2%$128K
Program service revenue1%$60K
— government grantsLn 1e$418K
Total revenueLn 12$7.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.15 Fundraising $0.07
Program services78%$3.8M
Management & general15%$764K
Fundraising7%$325K
Total functional expensesLn 25$4.9M

Balance Sheet

Part X · end of year
CashLn 1$1.7M
Total assetsLn 16$14.1M
Total liabilitiesLn 26$3.3M
Total net assetsLn 32$10.9M
Months of cash on handcomputed4.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $12.9M · Operating expenses (Pt IX) $4.9M · Less non-cash grants $5.2M · Cash operating expenses/yr $-287K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $3.8M · Total expenses $4.9M
78%
Management & General
Management & general $764K · Total expenses $4.9M
15%
Fundraising
Fundraising $325K · Total expenses $4.9M
7%
Cost to raise $1
Fundraising expense (2-yr avg) $303K · Solicited contributions (2-yr avg) $6.5M
$0.05 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $7.4M · Total revenue $7.6M
98%
Government reliance
Government grants $418K · Total revenue $7.6M
6%
Earned-income share
Program service revenue $60K · Total revenue $7.6M
1%
Investment reliance
Investment income $128K · Total revenue $7.6M
+2%
Program self-sufficiency
Program service revenue $60K · Total expenses $4.9M
1%
Growth & trend
Revenue growth (YoY)
This year $7.6M · Prior year $7.3M
+4%
Net-asset trend (YoY)
End of year $10.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $7.6M · Expenses $4.9M
+35%
Liabilities-to-Assets
Total liabilities — · Total assets $14.1M
Net-asset ratio
Net assets $10.9M · Total assets $14.1M
77%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $11.2M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $14.1M
79%
People & payroll
Highest Reported Total Compensation
Individual Armilito Pangilinan · Reported title CFO · Highest reported compensation $190K · Total expenses $4.9M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.3M · Total expenses $4.9M
46%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 15%
Fundraising cost ratio 4%
Revenue growth 4%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 11 funders →
Grants paid · 341 grants · $23.7M · 2020–2024
Africatown InternationalWA · FY2024$834,799
Panorama GlobalWA · FY2024$685,615
Mother NationWA · FY2024$334,500
Freedom ProjectWA · FY2024$222,761
Council for the HomelessWA · FY2024$208,867
TogetherWA · FY2024$191,767
Triumph Teen Life CenterWA · FY2024$189,476
Mia Mujeres in ActionWA · FY2024$183,328
Readiness to LearnWA · FY2024$176,905
Second Chance OutreachWA · FY2024$167,400
Silent Task ForceWA · FY2024$166,680
Northwest Youth ServiceWA · FY2024$134,860
See all 341 grants →

Similar Organizations

Closest in mission — by what they do
See all organizations like Building Changes →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$7.7M revenue · ⤓ 990 PDF
FY2023$8.5M revenue · ⤓ 990 PDF
FY2022$10.2M revenue · ⤓ 990 PDF
FY2021$7.6M revenue · viewing · ⤓ 990 PDF
FY2020$7.3M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.