Building Talent Foundation
- Assets
- $3.5m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 11
- Location
- Washington, DC
- Founding
- Data as of
- 12/2021
- EIN
- 84-4308411
Organization Overview
Building Talent Foundation is located in Washington, DC. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2021, Building Talent Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Talent Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE EDUCATION, TRAINING, AND CAREER PROGRESSION OF YOUNG PEOPLE AND PEOPLE FROM UNDERREPRESENTED GROUPS, AS SKILLED TECHNICAL WORKERS AND AS BUSINESS OWNERS IN RESIDENTIAL CONSTRUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILDING TALENT PIPELINE - BTF ENGAGES WITH YOUNG PEOPLE, IN SCHOOLS AND IN COMMUNITIES, TO ENCOURAGE THEIR INTEREST AND EXPLORATION OF CAREERS IN RESIDENTIAL CONSTRUCTION. BTF SUPPORTS SCHOOLS AND TRAINING PROVIDERS TO ALIGN THEIR CONSTRUCTION CURRICULA WITH EMPLOYERS' DEMAND FOR SKILLS. BTF AIMS TO SIGNIFICANTLY INCREASE THE NUMBER OF STUDENTS ENROLLING IN CONSTRUCTION PROGRAMS, BY RAISING THEIR AWARENESS OF THE EXCITING OPPORTUNITIES OUR INDUSTRY OFFERS.
BUILDING TALENT ENGAGEMENT - BTF SUPPORTS THE BUSINESS GROWTH OF OUR TRADE PARTNERS AND OUR INDUSTRY'S WORKFORCE BY LEVERAGING INNOVATIVE TALENT MANAGEMENT TECHNOLOGY AND ADVANCING WORKPLACE PRACTICES FOR RECRUITING, HIRING, DEVELOPING, ENGAGING, AND RETAINING WORKERS IN RESIDENTIAL CONSTRUCTION. BTF FOSTERS PROFESSIONAL DEVELOPMENT, ENTREPRENEURSHIP AND CAREER ADVANCEMENT AMONG OUR INDUSTRY'S WORKERS AND BUSINESS OWNERS.
BUILDING TALENT CONNECTIONS - BTF CONNECTS EMPLOYERS WITH JOB SEEKERS BY SUPPORTING AND STRENGTHENING EDUCATION PARTNERSHIPS WHERE JOB SEEKERS ARE AND THE TRAINING PROGRAMS, TOOLS AND PLATFORMS WHERE OUR EMPLOYERS SEEK NEW TALENT. BTF'S TALENT CONNECTIONS ARE GEARED TOWARDS STRENGTHENING AND SCALING EMPLOYMENT AND BUSINESS OWNERSHIP IN OUR INDUSTRY, WHILE IMPROVING COLLABORATION BETWEEN EMPLOYERS, EDUCATORS AND JOBSEEKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Branka Minic CEO | Officer | 60 | $580,206 |
Douglas Bauer Secretary | OfficerTrustee | 2 | $0 |
Sheryl Palmer Chairman | OfficerTrustee | 2 | $0 |
Alan Norris Treasurer | OfficerTrustee | 2 | $0 |
Kenneth Gear Assistant Treasurer | OfficerTrustee | 2 | $0 |
Phil Theodore Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $459,915 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,254,393 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,714,308 |
| Total Program Service Revenue | $0 |
| Investment income | $50 |
| 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 | $5,714,358 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $642,704 |
| Compensation of current officers, directors, key employees. | $124,404 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $460,380 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $48,209 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $34,416 |
| Fees for services: Accounting | $57,857 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $146,570 |
| Advertising and promotion | $235,061 |
| Office expenses | $13,320 |
| Information technology | $96,910 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $22,560 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,555 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,361 |
| Insurance | $1,665 |
| All other expenses | $0 |
| Total functional expenses | $1,768,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $550,200 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,831,781 |
| 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 | $102,130 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,250 |
| Other assets | $0 |
| Total assets | $3,489,361 |
| Accounts payable and accrued expenses | $351,673 |
| 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 | $475,629 |
| Total liabilities | $827,302 |
| Net assets without donor restrictions | $604,430 |
| Net assets with donor restrictions | $2,057,629 |
| 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 | $3,489,361 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Building Talent Foundation has recieved totaling $225,000.
| Awarding Organization | Amount |
|---|---|
Meritage Cares Foundation Scottsdale, AZ PURPOSE: GENERAL & UNRESTRICTED | $125,000 |
Carrier Foundation Inc Palm Beach Gardens, FL PURPOSE: GENERAL SUPPORT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Generation Usa Washington, DC | $17,938,466 | $7,677,123 |
Skills Usa Inc Leesburg, VA | $8,575,895 | $14,271,991 |
Opportunity At Work Inc Washington, DC | $8,759,075 | $9,572,974 |
Second Chance Inc Baltimore, MD | $22,971,247 | $13,264,528 |
Anne Arundel Workforce Development Corporation Inc Millersville, MD | $2,854,225 | $10,470,291 |
Experience Works Inc Severna Park, MD | $76,388 | $8,997,468 |
Urban Alliance Foundation Inc Washington, DC | $17,000,062 | $13,601,733 |
Employ Prince Georges Largo, MD | $4,258,774 | $8,835,926 |
Lift Inc Washington, DC | $11,053,254 | $10,488,956 |
National Fund For Workforce Solutions Washington, DC | $8,495,293 | $1,868,629 |
Jobs For Americas Graduates Inc Alexandria, VA | $6,705,273 | $5,268,108 |
National Assoc For Law Placement Washington, DC | $6,222,827 | $4,649,351 |