Build Springs Inc is located in Wessington Springs, SD. The organization was established in 2019. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Build Springs 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 12/2022, Build Springs Inc generated $112.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $300.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Hainy President | 5 | $0 | |
Jim Scheel Vice-President | 5 | $0 | |
Gloria Jean Ferguson Secretary | 5 | $0 | |
Hilary Grohs Treasurer | 5 | $0 | |
Joyce Krueger Director | 5 | $0 | |
Chris Heim Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,871 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,841 |
| Other Revenue | $0 |
| Total Revenue | $112,712 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $462 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $86 |
| Other expenses | $0 |
| Total expenses | $300,548 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,754 |
| Other assets | $0 |
| Total assets | $95,754 |
| Total liabilities | $0 |
| Net assets or fund balances | $95,754 |