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← BUILDING AMERICA S FUTURE

Form 990 for tax year 2023

Filed by BUILDING AMERICA S FUTURE.

What the amendment changed

Compared with the return it replaced , filed 15 November 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total expenses
$23,013,115 changed to $23,149,673
Total assets, end of year
$7,233,336 changed to $7,233,335
Total liabilities, end of year
$0 changed to $294,425
Net assets or fund balances, end of year
$7,233,336 changed to $6,938,910
Program services expenses
$21,916,907 changed to $22,033,300
Management and general expenses
$967,263 changed to $987,428
Program service expenses (Part III)
$21,916,907 changed to $22,033,300

Totals

Total revenue
$21,058,064
Total expenses
$23,149,673
Contributions and grants received
$20,962,665
Grants paid
$6,050,000
Program service revenue
$0
Investment income
$95,399
Other revenue
$0
Total assets, end of year
$7,233,335
Total liabilities, end of year
$294,425
Net assets or fund balances, end of year
$6,938,910
Program services expenses (Part IX)
$22,033,300
Management and general expenses
$987,428
Fundraising expenses
$128,945
Program service expenses (Part III)
$22,033,300

Program services were 95.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $20,962,665

  • 3 · Investment income

    total $95,399 · excluded $95,399

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,050,000 · program services $6,050,000

  • 5 · Compensation of officers, directors and key employees

    total $567,500 · management and general $567,500

  • 10 · Payroll taxes

    total $38,718 · management and general $38,718

  • 11a · Fees: management

    total $645,000 · program services $630,000 · management and general $15,000

  • 11b · Fees: legal

    total $944,428 · program services $843,741 · management and general $100,687

  • 11c · Fees: accounting

    total $112,003 · management and general $112,003

  • 11e · Fees: professional fundraising services

    total $120,000 · fundraising $120,000

  • 11g · Fees: other

    total $1,458,381 · program services $1,458,381

  • 13 · Office expenses

    total $858 · program services $609 · management and general $249

  • 14 · Information technology

    total $331,031 · program services $270,060 · management and general $60,971

  • 17 · Travel

    total $58,943 · program services $54,798 · fundraising $4,145

  • 19 · Conferences, conventions and meetings

    total $69,024 · program services $69,024

  • 23 · Insurance

    total $58,470 · management and general $58,470

  • 24a · Other expenses: DATA ACQUISITION/ANALYS

    total $6,770,275 · program services $6,770,275

  • 24b · Other expenses: CANVASSING

    total $3,365,000 · program services $3,365,000

  • 24c · Other expenses: MEDIA PLACEMENT/PRODUCT

    total $956,881 · program services $956,881

  • 24d · Other expenses: PROJECT MGMT SERVICES

    total $925,000 · program services $925,000

  • 24e · All other expenses

    total $678,161 · program services $639,531 · management and general $33,830 · fundraising $4,800

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $9,188,387 · end of year $7,233,335

  • 17 · Accounts payable and accrued expenses

    end of year $294,425

  • 27 · Net assets without donor restrictions

    beginning of year $9,188,387 · end of year $6,938,910

Mission and programs · 2023

Mission

THE MISSION OF BUILDING AMERICA'S FUTURE (BAF) IS TO EDUCATE THE PUBLIC AND BUILD A GRASSROOTS MOVEMENT TO ADVANCE NEW POLICIES ON A BROAD RANGE OF ISSUES IMPORTANT TO THE WELFARE OF ALL AMERICANS, INCLUDING, BUT NOT LIMITED TO: HOUSING, HEALTHCARE, EDUCATION, IMMIGRATION, ENERGY, ECONOMY, JOBS, TRADE AND NATIONAL SECURITY.

  • CONDUCTED RESEARCH AND PUBLICIZED THE POSITIONS OF ELECTED OFFICIALS TO INFORM AND EMPOWER AMERICANS TO TAKE OWNERSHIP OF OUR COUNTRY'S POLICY DIRECTION AND DEMAND THAT OUR GOVERNMENT AT THE FEDERAL, STATE, AND LOCAL LEVELS ENACT POLICY REFORMS TO IMPROVE THE LIVES OF ALL AMERICANS.

    Expenses $22,033,300 · Grants $6,050,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Timothy McKone

    SECRETARY

    Total calculated
    $60,000
    From this org
    $60,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Bernard Okum

    DIRECTOR

    Total calculated
    $60,000
    From this org
    $60,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • John Quirk

    DIRECTOR

    Total calculated
    $60,000
    From this org
    $60,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • James C Jankowski

    PRESIDENT (THRU 10/31/23)

    Total calculated
    $280,000
    From this org
    $280,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

    Schedule J breakdown matched by us

    Base
    $280,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $280,000

  • Katherine Neal

    DEPUTY ED - EXECUTIVE DIRECTOR

    Total calculated
    $107,500
    From this org
    $107,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    15

  • Cabell Hobbs

    TREASURER

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I LINE 3
DETERMINATION OF COMPENSATION FOR EMPLOYEES WAS BASED ON MARKET VALUE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
30 May 2025
IRS schema version
2023v6.0
Source object
202541539349300329

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