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Nonprofiteer
← BUILD INSTITUTE

Form 990 for tax year 2024

Filed by BUILD INSTITUTE.

Totals

Total revenue
$1,416,581
Total expenses
$1,498,090
Contributions and grants received
$1,338,526
Grants paid
$0
Program service revenue
$64,690
Investment income
$192
Other revenue
$13,173
Total assets, end of year
$893,276
Total liabilities, end of year
$61,315
Net assets or fund balances, end of year
$831,961
Program services expenses (Part IX)
$1,285,341
Management and general expenses
$143,163
Fundraising expenses
$69,586
Program service expenses (Part III)
$1,285,341

Program services were 85.8% 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

    $1,338,526

  • 2a · Program service revenue: PROGRAM SERVICES

    total $64,690 · related or exempt $64,690

  • 3 · Investment income

    total $192 · related or exempt $192

  • 6a · Gross rents

    real property $7,334

  • 6c · Rental income or loss

    real property $7,334

  • 6d · Net rental income or loss

    total $7,334 · excluded $7,334

  • 8a · Fundraising events: gross income

    $26,445

  • 8b · Fundraising events: direct expenses

    $21,037

  • 8c · Net income from fundraising events

    total $5,408 · excluded $5,408

  • 11a · Other revenue: OTHER INCOME

    total $431 · related or exempt $431

  • 11e · Other revenue, total

    $431

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $102,416 · program services $79,987 · management and general $13,724 · fundraising $8,705

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $358,718 · program services $302,423 · management and general $34,367 · fundraising $21,928

  • 8 · Pension plan contributions

    total $10,840 · program services $8,455 · management and general $1,409 · fundraising $976

  • 9 · Other employee benefits

    total $62,225 · program services $48,608 · management and general $8,382 · fundraising $5,235

  • 10 · Payroll taxes

    total $36,647 · program services $28,621 · management and general $4,911 · fundraising $3,115

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $73,687 · program services $56,646 · management and general $17,041

  • 13 · Office expenses

    total $6,078 · program services $4,984 · management and general $669 · fundraising $425

  • 14 · Information technology

    total $61,448 · program services $50,388 · management and general $6,759 · fundraising $4,301

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $79,403 · program services $76,673 · management and general $1,668 · fundraising $1,062

  • 17 · Travel

    total $14,642 · program services $12,006 · management and general $1,611 · fundraising $1,025

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $70,591 · program services $70,591

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $176,160 · program services $144,451 · management and general $19,378 · fundraising $12,331

  • 23 · Insurance

    total $7,912 · program services $5,617 · management and general $2,295

  • 24a · Other expenses: DIRECT PROGRAM EXPENSE

    total $161,345 · program services $161,345

  • 24b · Other expenses: BANK CHARGES

    total $1,588 · program services $1,128 · management and general $460

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $7,877 · program services $7,641 · management and general $236

  • 24d · Other expenses: PROFESSIONAL SERVICES

    total $237,399 · program services $211,380 · management and general $24,372 · fundraising $1,647

  • 24e · All other expenses

    total $29,114 · program services $14,397 · management and general $5,881 · fundraising $8,836

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $450,864 · end of year $372,379

  • 4 · Accounts receivable

    beginning of year $307,048 · end of year $414,510

  • 9 · Prepaid expenses and deferred charges

    beginning of year $14,708 · end of year $41,069

  • 10a · Land, buildings and equipment: cost or other basis

    $816,635

  • 10b · Land, buildings and equipment: accumulated depreciation

    $751,317

  • 10c · Land, buildings and equipment, net

    beginning of year $256,478 · end of year $65,318

  • 15 · Other assets

    beginning of year $33,497

  • 17 · Accounts payable and accrued expenses

    beginning of year $30,583 · end of year $61,315

  • 18 · Grants payable

    beginning of year $70,000

  • 19 · Deferred revenue

    beginning of year $14,865

  • 25 · Other liabilities

    beginning of year $33,675

  • 27 · Net assets without donor restrictions

    beginning of year $158,202 · end of year -$126,382

  • 28 · Net assets with donor restrictions

    beginning of year $755,270 · end of year $958,343

Mission and programs · 2024

Mission

TO EMPOWER PEOPLE TO LAUNCH IDEAS AND GROW BUSINESSES BY PROVIDING ACCESS TO EDUCATION, RESOURCES AND A SUPPORTIVE ENGAGED COMMUNITY.

  • 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. Our programming expands over 100 zip codes across metro Detroit for which 63 of our participants are people of color and 83 female student enrollment at 83 .

    Expenses $1,285,341

As filed on the 2024 return.

Listed in Part VII

  • Regina Ann Campbell

    President and CEO

    Total calculated
    $102,416
    From this org
    $102,416
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Camille Walker-Banks

    Chair

    Total calculated
    $0
    Hours/week
    1
  • Erin Bonahoom

    Co-Chair

    Total calculated
    $0
    Hours/week
    1
  • Toni Beaubien

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • April Anderson

    Member

    Total calculated
    $0
    Hours/week
    1
  • Jeff Aronoff

    Member

    Total calculated
    $0
    Hours/week
    1
  • Hassan Bazzi

    Member

    Total calculated
    $0
    Hours/week
    1
  • Amy Eberling

    Member

    Total calculated
    $0
    Hours/week
    1
  • Brandon Hodges

    Member

    Total calculated
    $0
    Hours/week
    1
  • Melissa Joy

    Member

    Total calculated
    $0
    Hours/week
    1
  • Portia Powell

    Member

    Total calculated
    $0
    Hours/week
    1
  • Kimberly Watts

    Member

    Total calculated
    $0
    Hours/week
    1
  • J Mathew Yohannan

    Member

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202523219349315392

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