Building Community Foundation Inc
- Assets
- $1.3k
- Revenue
- $54.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/2019
- Data as of
- 12/2022
- EIN
- 84-1835882
Organization Overview
Building Community Foundation Inc is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Community Foundation 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, Building Community Foundation Inc generated $54.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $53.3k during the year ending 12/2022. While expenses have increased by 23.4% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andre S Guichard President | 8 | $0 | |
Frances Guichard Treasurer | 8 | $0 | |
Joanne Glenn Member | 8 | $0 | |
Gleatha Glispie Secretary | 8 | $0 | |
Tracie R Porter Member | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $54,532 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,532 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40,640 |
| Total operating and administrative expenses | $40,640 |
| Contributions, gifts, grants paid | $12,660 |
| Total expenses and disbursements | $53,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,255 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,255 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $200 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $200 |
Grants Awarded
Over the last fiscal year, Building Community Foundation Inc has awarded $12,660 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PHANTOM GALLERY PURPOSE: CULTURAL SUPPORT | $4,060 |
TRUE STAR MEDIA PURPOSE: CULTURAL SUPPORT | $7,100 |
SAM THOUSAND MUSIC PURPOSE: CULTURAL SUPPORT | $500 |
FAIE GALLERY PURPOSE: CULTURAL SUPPORT | $1,000 |