Build A School Initiatives In Africa Inc
- Assets
- $44.8k
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Grapevine, TX
- Founding
- Data as of
- 12/2023
- EIN
- 85-2867281
Organization Overview
Build A School Initiatives In Africa Inc is located in Grapevine, TX. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Build A School Initiatives In Africa 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 12/2023, Build A School Initiatives In Africa Inc generated $3.2m in total revenue. All expenses for the organization totaled $3.1m during the year ending 12/2023. While expenses have increased by 165.7% per year over the past 2 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BUILD-A-SCHOOL INITIATIVE WAS BORN OUT OF A NEED. A NEED THAT DRIVES US TO DARE. WE BELIEVE THAT, ALL CHILDREN, NO MATTER WHERE THEY LIVE OR WHAT THEIR CIRCUMSTANCES, HAVE THE RIGHT TO QUALITY EDUCATION, ESPECIALLY IN AFRICA. WE ENVISION A WORLD WHERE NO CHILD IS LEFT BEHIND IN GETTING EDUCATION IN A SAFE AND COMFORTABLE ENVIRONMENT. TO HELP CREATE THAT WORLD, BUILD-A-SCHOOL INITIATIVE IS DEDICATED TO CREATING, BUILDING OR RESTORING SCHOOL BUILDINGS ALL ACROSS AFRICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCTION OF ZION COMMUNITY IN NIGERIA, A COMMUNITY FOR THE LESS PRIVILEGED WHERE THEY CAN RESIDE AND LEARN VOCATIONAL SKILLS FOR FREE. THE COMMUNITY WILL HOUSE OVER 1,500 PEOPLE AT A TIME.
WE CONSTRUCTED NINE SCHOOLS CONSISTING OF FOUR CLASSROOMS EACH, SPREAD ACROSS FOUR COUNTRIES IN NIGERIA, THE REPUBLIC OF BENIN, TOGO, AND GHANA. EACH COMPLETED SCHOOL BUILDING CAME WITH STARTUP SCHOOL SUPPLIES AND ADDED NECESSARY EDUCATIONAL CENTERS TO THE LOCAL COMMUNITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Ukorebi President & CEO | OfficerTrustee | 20 | $0 |
Katie Ukorebi Vice President | OfficerTrustee | 20 | $0 |
Bassey Obot Director | OfficerTrustee | 15 | $0 |
Laura Udobong Director | OfficerTrustee | 20 | $0 |
Faith Ekpenyong Secretary | OfficerTrustee | 15 | $0 |
Patrick Ennuson Trustee | Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,159,755 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,159,755 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,159,755 |
| 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 | $3,078,278 |
| Benefits paid to or for members | $2,481 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $7,187 |
| Office expenses | $7,007 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,282 |
| Travel | $6,520 |
| 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 | $11,200 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,114,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $44,800 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $44,800 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $44,800 |
| Net assets with donor restrictions | $0 |
| 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 | $44,800 |