Build Futures
- Assets
- $217.2k
- Revenue
- $318.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Huntington Beach, CA
- Founding
- 08/2011
- Data as of
- 12/2022
- EIN
- 90-0629740
Organization Overview
Build Futures is located in Huntington Beach, CA. The organization was established in 2011. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Build Futures employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Build Futures 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 Futures generated $318.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $246.2k during the year ending 12/2022. While expenses have increased by 12.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BUILD FUTURES PURPOSE IS TO HELP TRANSITIONAL AGE YOUTH TAY AGE 18-24 FROM HOMELESSNESS TO SELF SUFFICIENCY BY PROVIDING HOUSING AND A STEP-BY-STEP PROGRAM OF INTERVENTION CALLED STEPS TO SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILD FUTURES WAS ABLE TO CONTINUE OUR MISSION AS WE HOUSED 87 TRANSITIONAL AGE YOUTH, AGE 18-24, IN 2022. WE SHIFTED THE WAY WE IMPLEMENT OUR STEPS TO SUCCESS BY MEETING OUT CLIENTS OUT IN THE FIELD AT GOVERNMENT AGENCY OFFICES LIKE DMV OR SOCIAL SERVICES OR EDD OR OTHER NON-PROFITS INSTEAD OF BRINGING THEM INTO THE OFFICE AS WE DID BEFORE THE PANDEMIC. FOR MANY OF OUR CLIENTS MEETING THEM AT THE PLACES THEY NEED TO GO FOR ID OR EBT OR JOBS OR MEDICAL CARE RESOURCES HELPED THEM FEEL MORE COMFORTABLE AND FACILITATED THEM GETTING THE THINGS THEY NEED TO BE SUCCESSFUL INDEPENDENT ADULTS. WE HAD NO STAFFING CHANGES IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Brown Executive Dir. | OfficerTrustee | 10 | $32,500 |
Michael Monahan Treasurer | Officer | 10 | $0 |
Robert Bartosch President | Officer | 2 | $0 |
Patricia Whitman Secretary | Officer | 2 | $0 |
Steven Mcclintock Director | Trustee | 2 | $0 |
Anne Apakama Director | Trustee | 2 | $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 | $318,846 |
| Noncash contributions included in lines 1a–1f | $21,871 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $318,846 |
| Total Program Service Revenue | $0 |
| Investment income | $25 |
| 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 | $318,871 |
| 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. | $32,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,608 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $660 |
| Payroll taxes | $8,128 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $29,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,081 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $5,782 |
| All other expenses | $13,766 |
| Total functional expenses | $246,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $216,680 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500 |
| Total assets | $217,180 |
| 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 | $217,180 |
| 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 | $217,180 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Build Futures has recieved totaling $118,347.
| Awarding Organization | Amount |
|---|---|
Hoag Memorial Hospital Presbyterian Newport Beach, CA | | $25,000 |
Glen And Dorothy Stillwell Charitable Trust Pasadena, CA PURPOSE: MAKING HOMES SAFER AND MORE ACCESSIBLE FOR FAMILIES OF CHILDREN OR YOUNG ADULTS WITH DISABILITIES | $20,000 |
Sisters Of St Joseph Healthcare Foundation Orange, CA PURPOSE: STEPS TO SUCCESS | $20,000 |
St Joseph Health System Foundation Irvine, CA PURPOSE: SPONSORSHIP | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $15,501 |
O L Halsell Foundation Costa Mesa, CA PURPOSE: OPERATING FUNDS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Viamonte Senior Living San Francisco, CA | $242,110,392 | $7,634,323 |
Charles Apartments Housing Corporation Hayward, CA | $0 | $319,066 |
Satellite Affordable Housing Associates Berkeley, CA | $83,294,736 | $13,591,508 |
Rhf Foundation Long Beach, CA | $215,917,223 | $14,903,975 |
Sheltercare Eugene, OR | $4,357,138 | $9,135,740 |
Midpen Resident Services Corporation Foster City, CA | $3,702,334 | $11,407,168 |
Bridge Property Management Company San Francisco, CA | $1,233,636 | $9,360,308 |
Burbank Housing Corporation Burbank, CA | $47,643,861 | $6,370,585 |
Habitat For Humanity San Fernando/Santa Clarita Valleys Woodland Hills, CA | $1 | $4,168,206 |
Do Good Multnomah Portland, OR | $6,858,210 | $9,987,432 |
Satellite Aha Development Inc Berkeley, CA | $17,466,494 | $5,909,155 |
Housing Trust Silicon Valley San Jose, CA | $250,989,111 | $21,448,557 |