Building Tomorrow Inc
- Assets
- $2.6m
- Revenue
- $2.5m
- Investments
- $20.2k
- Employees
- 6
- Location
- Indianapolis, IN
- Founding
- 01/2007
- Data as of
- 12/2021
- EIN
- 56-2614329
Organization Overview
Building Tomorrow Inc is located in Indianapolis, IN. The organization was established in 2007. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Building Tomorrow Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Tomorrow Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Building Tomorrow Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 8.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING TOMORROW (BT) IS AN INTERNATIONAL NON-PROFIT ORGANIZATION THAT GALVANIZES COMMUNITIES TO SUPPORT THRIVING SCHOOLS IN UNDERSERVED AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILDING TOMORROW IMPROVES ACCESS TO CHILD-FRIENDLY, COMMUNITY-SUPPORTED SCHOOLS BY PROVIDING AN INCLUSIVE, QUALITY EDUCATION FOR UNDERSERVED CHILDREN IN EAST AFRICA. THROUGH OUR THRIVING SCHOOLS PROGRAM, WE DEPLOY BUILDING TOMORROW FELLOWS WHO RECRUIT AND TRAIN COMMUNITY EDUCATION VOLUNTEERS, TOGETHER BRINGING OUT-OF-SCHOOL CHILDREN INTO THE CLASSROOM WHILE WORKING WITH SCHOOL LEADERSHIP TO ENSURE ACCESS TO A QUALITY, INCLUSIVE SCHOOL ENVIRONMENT. WE ALSO WORK HAND-IN-HAND WITH LOCAL COMMUNITIES, THE MINISTRY OF FINANCE, AND THE MINISTRY OF EDUCATION TO CONSTRUCT NEW PRIMARY SCHOOLS WHERE NO FORMAL PRIMARY SCHOOL EXISTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Srour Chief Dreame | OfficerTrustee | 40 | $147,500 |
Jean Blackwell Governance C | Trustee | $0 | |
James Habyarimana Program Chai | Trustee | $0 | |
Emily Johnson Vice Chair | Trustee | $0 | |
Randal Kaltenmark Board Member | Trustee | $0 | |
Ken Kobe Chair | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $83,992 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,438,099 |
| Noncash contributions included in lines 1a–1f | $222,315 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,522,091 |
| Total Program Service Revenue | $0 |
| Investment income | $387 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,974 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,537,452 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,292,804 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $517,649 |
| Pension plan accruals and contributions | $12,761 |
| Other employee benefits | $19,568 |
| Payroll taxes | $38,723 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,969 |
| Advertising and promotion | $661 |
| Office expenses | $22,057 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,406 |
| Travel | $25,953 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,162 |
| Insurance | $4,628 |
| All other expenses | $0 |
| Total functional expenses | $3,011,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,348,564 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,014,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $200,000 |
| Net Land, buildings, and equipment | $1,511 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $20,188 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,584,263 |
| Accounts payable and accrued expenses | $6,338 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,338 |
| Net assets without donor restrictions | $1,072,895 |
| Net assets with donor restrictions | $1,505,030 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,584,263 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Building Tomorrow Inc has recieved totaling $735,002.
| Awarding Organization | Amount |
|---|---|
The Mastercard Foundation PURPOSE: Youth Learning | | $275,022 |
The Ray And Tye Noorda Foundation Lindon, UT PURPOSE: HUMANITARIAN | $200,000 |
David Weekley Family Foundation Houston, TX PURPOSE: COMMUNITY SUPPORT | $100,000 |
Unfcu Foundation Inc Long Island City, NY PURPOSE: ENSURE CHILDREN IN RURAL UGANDA ACCESS TO FOUNDATIONAL LEARNING OPPORTUNITIES | $50,000 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $50,000 |
Mulago Foundation New York, NY PURPOSE: RELIEF TO THE POOR | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Global Foodbanking Network Chicago, IL | $18,753,140 | $16,426,499 |
Christel House International Inc Indianapolis, IN | $93,680,993 | $18,546,381 |
Water For Good Indianapolis, IN | $3,104,528 | $5,973,756 |
Outreach International Kansas City, MO | $4,310,238 | $3,767,343 |
Waterequity Inc Kansas City, MO | $22,174,909 | $3,748,536 |
Building Tomorrow Inc Indianapolis, IN | $2,584,263 | $2,537,452 |
Andean Health And Development Inc Madison, WI | $1,250,881 | $2,191,153 |
Maestro Cares Foundation Chicago, IL | $6,243,515 | $3,094,225 |
International Book Project Inc Lexington, KY | $1,015,924 | $2,389,161 |
The Human Development Foundation Of North America Oak Brook, IL | $4,594,028 | $2,738,864 |
Proem Support Ministries Inc Louisville, KY | $1,122,442 | $2,659,855 |
African Vision Of Hope Maryville, IL | $1,886,646 | $2,842,339 |