BUSINESSES UNITED IN INVESTING LENDING & DEVELOPMENT Charity Report

Public IRS 990 nonprofit record

BUSINESSES UNITED IN INVESTING LENDING & DEVELOPMENT

EIN 94-3386695 · Business & Industry (S40)

What they do

BUILDS MISSION is to IGNITE THE POWER of YOUTH IN UNDER-RESOURCED COMMUNITIES to BUILD CAREER SUCCESS, ENTREPRENEURIAL MINDSETS, and OPPORTUNITY. WE HELP STUDENTS BECOME THE CEO of THEIR OWN LIVES! BUILD FACILITATES THE LAUNCHING of STUDENT-RUN (CONTINUED ON SCHEDULE O) SMALL BUSINESSES, VIA VIRTUAL SIMULATION and HANDS ON LEARNING, and TEACHES STUDENTS THE 21ST CENTURY SKILLS NEEDED to IMPROVE THEIR ACADEMIC PERFORMANCE and HELP THEM PREPARE for LIFE AFTER HIGH SCHOOL. OUR YOUTH ACQUIRE THE KNOWLEDGE, SKILLS, and EXPERIENCE NECESSARY to SUCCEED IN THEIR POST-SECONDARY ENDEAVOURS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $63.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

83.79%of revenue went to mission work63.2% of expenses · Program services

24.13%of revenue went to fundraising18.2% of expenses

$132.47spent for every $100 of revenueSpending was higher than revenue this year.

24.55%of revenue went to management and office costs18.5% of expenses

$0.89in assets for every $1 spent this yearSome assets cannot be spent right away.

94.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,894,529 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $243,195 for THAIS REZENDE (PRESIDENT & INTERIM CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$5,834,976

Mission workProgram services$4,888,88783.79% of revenue63.2% of expenses

ManagementOffice and general costs$1,432,70624.55% of revenue18.5% of expenses

FundraisingAsking for donations$1,407,91224.13% of revenue18.2% of expenses

Total expenses$7,729,505132.47% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 63.2% mission · 18.5% management · 18.2% fundraisingTotal expenses: 132.47% of revenue

2023Expense mix: 64.0% mission · 19.4% management · 16.6% fundraisingTotal expenses: 201.39% of revenue

2022Expense mix: 68.8% mission · 18.9% management · 12.3% fundraisingTotal expenses: 146.61% of revenue

2021Expense mix: 73.0% mission · 14.9% management · 12.1% fundraisingTotal expenses: 75.72% of revenue

2020Expense mix: 74.9% mission · 15.1% management · 10.0% fundraisingTotal expenses: 53.67% of revenue

2019Expense mix: 73.4% mission · 16.3% management · 10.3% fundraisingTotal expenses: 80.27% of revenue

2018Expense mix: 67.8% mission · 17.2% management · 15.0% fundraisingTotal expenses: 69.69% of revenue

2017Expense mix: 66.3% mission · 14.1% management · 19.6% fundraisingTotal expenses: 94.62% of revenue

Money in and money out

Revenue$5,834,976

Expenses$7,729,505

Annual shortfall $1,894,529 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,888,887 · 63.2% of expenses

Management and office costs$1,432,706 · 18.5% of expenses

Fundraising$1,407,912 · 18.2% of expenses

See all reported dollar amounts

Revenue$5,834,976

Expenses$7,729,505

Assets$6,867,390

Income$6,522,054

Contributions$5,531,757

Mission work (program services)$4,888,887

Fundraising$1,407,912

Management and general$1,432,706

Executive compensation (total)$466,636

Stocks and bonds$2,922,205

Accounting fees$52,973

Investing fees$9,273

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

THAIS REZENDEPRESIDENT & INTERIM CEO · 50 hrs/week $243,195Base $230,880 · Other $12,315

SYBIL MIMY-WELLSREGIONAL EXECUTIVE DIRECTOR · 50 hrs/week $233,057Base $231,012 · Other $2,045

DESIREE FORDCFOO · 50 hrs/week $226,926Base $211,193 · Other $15,733

RYAN OLIVERREGIONAL EXECUTIVE DIRECTOR · 50 hrs/week $170,065Base $152,693 · Other $17,372

BETSY NEPTUNE-COWANREGIONAL EXECUTIVE DIRECTOR · 50 hrs/week $159,865Base $139,295 · Other $20,570

PAMELA MINETTIDIRECTOR OF PHILANTHROPY · 50 hrs/week $152,630Base $128,339 · Other $24,291

ROY SURUKIDIRECTOR OF FINANCE · 50 hrs/week $144,057Base $125,279 · Other $18,778

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

THAIS REZENDEPRESIDENT & INTERIM CEO

SYBIL MIMY-WELLSREGIONAL EXECUTIVE DIRECTOR

DESIREE FORDCFOO

RYAN OLIVERREGIONAL EXECUTIVE DIRECTOR

BETSY NEPTUNE-COWANREGIONAL EXECUTIVE DIRECTOR

PAMELA MINETTIDIRECTOR OF PHILANTHROPY

ROY SURUKIDIRECTOR OF FINANCE

DORA GOUGOUFKASMEMBER

DOUG BRIENSECRETARY

ELDRIDGE GRAYMEMBER

GAGAN KANJLIAMEMBER

JON KANTERTREASURER

MATT FLANAGANMEMBER

MICHAEL PORTEGELLOMEMBER

ROY HIRSHLANDBOARD CHAIR (THRU 2/25)

DAVID PEINSIPPBOARD CHAIR

SUZANNE MCKECHNIE KLAHRMEMBER

DAVID LIMEMBER

AJAY AGARWALBOARD VICE CHAIR

About this charity

Recognized since: January 2001
Location: PO BOX 3316, REDWOOD CITY, CA 94064-3316
County: San Mateo
In care of: % ANGELINA JAUREZ
Primary officer: THAIS REZENDE, PRESIDENT & INTERIM CEO

How to reach them

WebsiteVisit the charity’s website EmailGreaterBoston@BUILD.org Phone(650) 688-5840

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: ARMANINO ADVISORY LLC
NTEE classification: Business & Industry (S40)
IRS tax category: Business & Industry