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BUILDING FUTURES NOW

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Public IRS 990 nonprofit record

BUILDING FUTURES NOW

EIN 77-0348803

What they do

BFN (IHAD) is A Unique Organization That Motivates and Empowers Youth From Low-income Areas to Reach Their Educational, Personal and Career Goals By Providing A Long-term Program of Mentoring, Tutoring, and Enrichment. - Building Futures Now Develops The Academic and Interpersonal Potential of Underserved Students Beginning In The Critical Elementary and Middle School Years. We Offer Access to Exceptional Educational Opportunities and Long-term Comprehensive Support to Empower Students With The Academic and Self-advocacy Skills Needed to Thrive In High School, College and Early Career.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $81.40 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 2016The report may be old. Ask for a newer one.

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

They name their leaders14 people are listed in the latest report.

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

Money made simple

175.21%of revenue went to mission work81.4% of expenses · Program services
7.12%of revenue went to fundraising3.3% of expenses
$215.13spent for every $100 of revenueSpending was higher than revenue this year.
32.79%of revenue went to management and office costs15.2% of expenses
$2.11in assets for every $1 spent this yearSome assets cannot be spent right away.
98.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $313,784 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $115,326 for ROSEMARY KAMEI (EXECUTIVE DIR.). 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 2016

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.

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$272,556
Mission workProgram services$477,550175.21% of revenue81.4% of expenses
ManagementOffice and general costs$89,37132.79% of revenue15.2% of expenses
FundraisingAsking for donations$19,4197.12% of revenue3.3% of expenses
Total expenses$586,340215.13% of revenue

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

Money in and money out

Revenue$272,556
Expenses$586,340
Annual shortfall $313,784 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)$477,550 · 81.4% of expenses
Management and office costs$89,371 · 15.2% of expenses
Fundraising$19,419 · 3.3% of expenses
See all reported dollar amounts
Revenue$272,556
Expenses$586,340
Assets$1,239,578
Income$272,556
Contributions$268,512
Mission work (program services)$477,550
Fundraising$19,419
Management and general$89,371
Executive compensation (total)$119,919
Accounting fees$15,515
People

Leadership and board

Tax year 2016

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

People reported as paid

Person and titleCompensation
ROSEMARY KAMEIEXECUTIVE DIR. · 60 hrs/week $115,326Base $112,833 · Other $2,493

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 (14)

ROSEMARY KAMEIEXECUTIVE DIR.

ALISON LEUPOLDDIRECTOR

CHI-CHAO CHANGDIRECTOR

DIANE RUSSELLSECRETARY

GARRETT PEREZTREASURER

GEORGIANA COONISDIRECTOR

JOHN MORGRIDGEDIRECTOR

LELANI LIPADIRECTOR

LISA SCHIAVENZADIRECTOR

MELVIN GAINESDIRECTOR

PENNY GALLOPRESIDENT

PETER DUMANIANVICE PRESIDENT

TASHIA MORGRIDGEDIRECTOR

THEANNE THOMSONDIRECTOR

About this charity

Location
c/o Peninsula Bridge PO Box 963, Menlo Park, CA 94026
County
San Mateo
In care of
Penny Gallo

How to reach them

Filing and classification

Latest tax year
2016
Tax period began
June 1, 2016
Tax preparer
CROSBY & KANEDA CPAS

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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