2023-10-31T11:34:17-05:00 2022-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-01-01 223128648 BUILDON INC BUIL 2033445515 1111 SUMMER STREET 602A STAMFORD CT 06905 FRANK ERTL CHIEF FINANCIAL OFFICER 2033445515 2023-10-31 1 FRANK ERTL 999009999 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JAMES ZIOLKOWSKI 1111 SUMMER STREET 602A STAMFORD CT 06905 19506199 0 X WWW.BUILDON.ORG X 1991 CT SEE PART III, LINE 1. 18 16 103 2000 0 0 15747953 17327330 0 0 475717 213337 236158 541776 16459828 18082443 13367 15222 0 0 8609145 9136033 0 202037 1863463 7590900 8398551 16213412 17751843 246416 330600 19130694 17991540 444934 1027170 18685760 16964370 BUILDON BREAKS THE CYCLE OF POVERTY, ILLITERACY AND LOW EXPECTATIONS THROUGH SERVICE AND EDUCATION. 0 0 11345241 15222 BUILDON GLOBAL - SINCE BUILDON, INC.'S INCEPTION, THE STUDENTS IT SERVES HAVE CONTRIBUTED 2,426,809 HOURS OF SERVICE IN THE U.S., AND HAVE HELPED BUILD 2,263 SCHOOLS, 239 OF WHICH WERE COMPLETED DURING 2022, IN THE FOLLOWING LOCATIONS: BOLIVIA (8), BRAZIL (2), BURKINA FASO (161), GUATEMALA (73), HAITI (184), INDIA (3), MALAWI (464), MALI (423), NEPAL (334), NICARAGUA (295), SENEGAL (315), AND THE UNITED STATES (1). THE MAJORITY OF BUILDON, INC.'S REVENEUES ARE GENERATED BY DONATIONS FROM INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS, WHICH ARE USED TO AID IN THE CONSTRUCTION OF SCHOOLHOUSES IN REMOTE COMMUNITIES AROUND THE WORLD. OWNERSHIP OF THE SCHOOLS VESTS WITH THE LOCAL COMMUNITIES IN WHICH THEY ARE BUILT. 3683032 BUILDON US - IN LINE WITH THIS MISSION, BUILDON, INC. RUNS SERVICE-LEARNING PROGRAMS IN UNDER RESOURCED URBAN HIGH SCHOOLS. IT EMPOWERS U.S. YOUTH TO CONTRIBUTE DIRECT SERVICE TO THEIR COMMUNITIES WORKING WITH SENIOR CITIZENS, THE HOMELESS, AND YOUNGER CHILDREN. THESE SAME STUDENTS HELP BUILD SCHOOLS IN SOME OF THE ECONOMICALLY POOREST COUNTRIES IN THE WORLD. APPROXIMATELY 97% OF BUILDON, INC.'S STUDENTS IN THE U.S. NOT ONLY GRADUATE FROM HIGH SCHOOL, THEY GO ON TO COLLEGE. INTERNATIONALLY, BUILDON, INC. SCHOOLS PROVIDE ACCESS TO EDUCATION FOR 295,886 CHILDREN, PARENTS AND GRANDPARENTS EVERY DAY. 15028273 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 14 0 1 103 1 0 1 UV GT HA MI ML NP NU SG 0 0 0 1 1 0 0 0 0 0 0 X 18 16 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AK CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X X MARC FRIEDMAN 2033546006 1111 SUMMER STREET SUITE 602A STAMFORD CT 06905 JIM ZIOLKOWSKI CHAIRMAN AND CEO 55.00 X X 403039 0 38727 MARC FRIEDMAN CHIEF REVENUE OFFICER/SECR 55.00 X X 281327 0 16515 DIAHANN BILLINGS-BURFORD BOARD MEMBER 0.25 X 0 0 0 KATHY CASSIDY BOARD MEMBER 0.25 X 0 0 0 SANJAY GUPTA BOARD MEMBER 0.25 X 0 0 0 RANDI HEDIN BOARD MEMBER 0.25 X 0 0 0 SUZIE IVELICH BOARD MEMBER 0.25 X 0 0 0 DAN JANKI BOARD MEMBER 0.25 X 0 0 0 MARGARET KEANE BOARD MEMBER 0.25 X 0 0 0 MISSY KIERNAN BOARD MEMBER/GENERAL COUNS 30.25 X 0 0 0 SHELLEY LEIBOWITZ BOARD MEMBER 0.25 X 0 0 0 ALAN MURRAY BOARD MEMBER 0.25 X 0 0 0 RASSAAN PARRIS BOARD MEMBER 0.25 X 0 0 0 MEISHA ROSS PORTER BOARD MEMBER 0.25 X 0 0 0 JOHN RAFFAELI BOARD MEMBER 0.25 X 0 0 0 AMNON RODAN BOARD MEMBER 0.25 X 0 0 0 JOHN SEIFERT BOARD MEMBER 0.25 X 0 0 0 KAREN SEITZ BOARD MEMBER 0.25 X 0 0 0 FRANK ERTL CHIEF FINANCIAL OFFICER 45.00 X 204235 0 39150 CARRIE PENA CHIEF EXPERIENCE OFFICER 45.00 X 204156 0 26820 ROSANN JAGER CHIEF OPERATING OFFICER 45.00 X 188167 0 14869 DJIBRIL OUATTARA CPO - BUILDON GLOBAL 45.00 X 81498 0 6087 TRAVIS WELCOME CHIEF PROGRAM OFFICER 45.00 X 43567 0 4515 ERIN HARTSOUGH VP COMMUNITY TEAMS 45.00 X 143713 0 36523 THOMAS SILVERMAN SENIOR VP, STRATEGIC PARTNERSHIPS 45.00 X 161042 0 14494 JEMAR WARD GLOBAL DIRECTOR, HR & EQUI 45.00 X 126001 0 26061 BRANDON WORTH VP, DIGITAL FUNDRAISING & 45.00 X 123586 0 26451 MAURICE MUCHENE VP BUSINESS DEVELOPMENT 45.00 X 133820 0 14485 2094151 0 264697 13 0 1 0 GOTHAM HALL 1356 BROADWAY NEW YORK NY 10018 EVENT VENUE 238173 COMMUNITY COUNSELLING SERVICE CO 527 MADISON AVENUE 5TH FLOOR NEW YORK NY 10022 FUNDRAISING CONSULTANCY 202037 2 1024621 1424231 14878478 1050832 17327330 213974 213974 445540 4313 450490 0 -4950 4313 -637 -637 1526113 1024621 973266 552847 552847 1312 0 1312 1312 LOSS ON FOREIGN EXCHANGE 900099 -12383 -12383 -12383 18082443 0 0 755113 15222 15222 1552672 1165196 131697 255779 5821297 5038065 144325 638907 52920 45111 1504 6305 1302302 975315 50847 276140 406842 345485 12250 49107 13204 13204 55209 977 54232 202037 202037 30000 30000 688970 559135 17859 111976 13449 13449 507743 417465 56289 33989 196884 24474 74212 98198 232917 117575 115234 108 964219 796990 26167 141062 496242 457511 28873 9858 114254 108219 6035 121413 91110 9441 20862 CONSTRUCTION 4743527 4743527 REPAIRS AND MAINTENANCE 86559 83506 2403 650 BAD DEBT 61256 61256 MISCELLANEOUS 50905 9151 23822 17932 21800 7586 13661 553 17751843 15028273 860107 1863463 3371 15477 6331444 2039983 1207729 5738650 63702 51220 1017427 638153 405704 379274 11071459 9177256 47285 589680 19130694 17991540 388922 446959 56012 580211 444934 1027170 X 11201712 9161662 7484048 7802708 18685760 16964370 19130694 17991540 330600 -2051990 0 X 0 1 X 1 0 X 18495091 17425910 14547708 15747953 17327330 83543992 18495091 17425910 14547708 15747953 17327330 83543992 19403802 64140190 156748 212460 177780 225856 213974 986818 518485 355221 863372 270941 552847 2560866 11451 57900 -36767 -12383 20201 87111877 3296 0.73630 0.73770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11839162 -1845524 389852 9603786 10597532 10387 1231243 11839162 9295874 1301658 10597532 6867856 1100000 1359339 31321 9295874 7258428 115392 -388724 117240 6867856 1.00000 0.00000 0.00000 0 0 125011 101167 23844 892416 536986 355430 379274 LEASE LIABILITY 580211 580211 X 21367129 -2051990 5336676 3284686 18082443 0 18082443 23088519 5336676 5336676 17751843 0 17751843 PART V, LINE 4: TO ACHIEVE GROWTH OF BOTH PRINCIPAL VALUE AND INCOME OVER TIME SUFFICIENT TO PRESERVE OR INCREASE THE PURCHASING POWER OF THE ASSETS AGAINST INFLATION. PART X, LINE 2: FOR THE YEAR ENDED DECEMBER 31, 2022, BUILDON, INC. HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 CENTRAL AMERICA AND THE CARIBBEAN 3 36 PROGRAM SERVICES SCHOOL CONSTRUCTION, ENROLL AND ADULT LITERACY PROGRAMS 2454589 SOUTH ASIA 1 24 PROGRAM SERVICES SCHOOL CONSTRUCTION, ENROLL AND ADULT LITERACY PROGRAMS 1394104 SUB-SAHARAN AFRICA 4 79 PROGRAM SERVICES SCHOOL CONSTRUCTION, ENROLL AND ADULT LITERACY PROGRAMS 6882183 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS IN REGION 3149 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS IN REGION 1730 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS IN REGION 10343 8 139 0 0 8 139 10746098 0 10746098 FUNDS FOR VILLAGE INITIATIVES SOUTH ASIA 2 1730 WIRE FUNDS FOR VILLAGE INITIATIVES CENTRAL AMERICA AND THE CARIBBEAN 1 3149 WIRE FUNDS FOR VILLAGE INITIATIVES SUB-SAHARAN AFRICA 33 10343 WIRE 0 0 0 0 0 0 PART I, LINE 2: THE VILLAGE INITIATIVES, MAINLY LED BY THE ADULT LITERACY GROUPS (IN SOME CASES BY THE ENROLL LEADERSHIP COMMITTEE), INCLUDE INCOME-GENERATING PROJECTS AND OTHER ACTIVITIES TO DEVELOP THE COMMUNITY. THE INCOME-GENERATING ACTIVITIES INCLUDE DRY-SEASON GARDENING, ANIMAL HUSBANDRY, BEE KEEPING, TEXTILE PRODUCTION, SOAP MAKING, CLOTH DYING, SMALL LOANS TO COMMUNITY MEMBERS, SMALL COMMERCE, AND OTHER SMALL BUSINESS DEVELOPMENT. IN MANY INSTANCES, INCOME EARNED THROUGH THESE ACTIVITIES IS USED TO BRING CHILDREN BACK TO SCHOOL OR TO HELP KEEP CHILDREN IN SCHOOL (EITHER AS A GROUP OR AT THE FAMILY LEVEL). OTHER PROJECTS TO DEVELOP THE COMMUNITY INCLUDE TREE PLANTING AND CREATING A SCHOOL FEEDING PROGRAM. BUILDON SELECTS TWO EDUCATED VILLAGERS FOR FACILITATOR TRAINING, IN WHICH THEY LEARN TO TEACH ADULTS TO READ AND WRITE. FACILITATORS RECEIVE A MONTHLY STIPEND TO TEACH THE ADULTS TO READ AND WRITE AND ASSIST IN THE FACILITATION OF AN INCOME-GENERATING PROJECT. BUILDON PROVIDES A SEED-FUND TO THE SELECTED COMMUNITIES TO START THEIR VILLAGE INITIATIVES. THIS SEED-MONEY SERVES AS THE INITIAL CAPITAL FOR THE INCOME GENERATING PROJECTS CHOSEN BY THE COMMUNITY (WITH SUPPORT FROM BUILDON'S EDUCATION TEAM) AND IS NOT REIMBURSED TO BUILDON. THE PAYMENT OF THE SEED MONEY IS MADE BY CHECK. BEFORE PROVIDING THE CHECKS FOR THE SEED-FUND, THE BUILDON TEAM SIGNS A COVENANT WITH THE COMMUNITY LEADERS TO FORMALIZE THE AGREEMENT AROUND THE INCOME GENERATING ACTIVITIES. THE COVENANT OUTLINES THE RESPONSIBILITIES FOR THE TWO PARTIES: BUILDON AND THE COMMUNITY. THE BUILDON EDUCATION TEAM WITH SUPPORT FROM THE FINANCE TEAM TRAINS THE COMMUNITY LEADERS WITH THE NECESSARY FINANCIAL LITERACY SKILLS TO MANAGE THEIR FUNDS (TRACKING THE EXPENSES AND PROFITS, MANAGING SMALL-LOANS TRANSACTIONS WITH SOME INTEREST RATES, ETC.). THE COMMUNITY'S LEADERSHIP COMMITTEE KEEPS THEIR OWN BOOKS TO TRACK THE INVESTMENTS AND PROFITS FROM THE INCOME GENERATING PROJECTS, AND PERIODICALLY REPORTS TO THE ENTIRE GROUP AND TO THE BUILDON TEAM. THE BUILDON TEAM STAYS ON THE SIDE TO LET THE COMMUNITY LEADERS LEAD THEIR INITIATIVE. THE BUILDON EDUCATION OFFICERS TEAM SUPPORTED BY THE FINANCE TEAM (FA/FO) FREQUENTLY TRAVEL TO THE COMMUNITY AND MEET WITH THE GROUP TO AUDIT THE BOOKS AND COLLECT UPDATES ON THE ACTIVITIES. IN CASE OF LACK OF TRANSPARENCY OR CONFLICT, BUILDON WORKS WITH THE GOVERNMENT OFFICERS/OFFICIALS TO HELP RESOLVE THE ISSUES AND PRIORITIZE THE SUSTAINABILITY OF THE PROJECTS. PART III ACCOUNTING METHOD: X X X X X 1 COMMUNITY COUNSELLING SERVICE CO 527 MADISON AVENUE 5TH FLOOR NEW YORK NY 10022 FUNDRAISING CONSULTANCY 0 0 202037 -202037 202037 -202037 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WV WI WA STAMFORD GALA 2031180 804916 1226264 202981 183173 83523 817 OAKLAND 436734 219517 217217 132347 136852 91454 7262 4 82819 188 82631 31300 19351 558 83646 2550733 1024621 1526112 366628 339376 175535 91725 973264 552848 X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 JIM ZIOLKOWSKI CHAIRMAN AND CEO 353039 0 0 0 50000 0 1500 0 37227 0 441766 0 0 0 MARC FRIEDMAN CHIEF REVENUE OFFICER/SECR 281327 0 0 0 0 0 1500 0 15015 0 297842 0 0 0 FRANK ERTL CHIEF FINANCIAL OFFICER 204235 0 0 0 0 0 1500 0 37650 0 243385 0 0 0 CARRIE PENA CHIEF EXPERIENCE OFFICER 204156 0 0 0 0 0 1500 0 25320 0 230976 0 0 0 ROSANN JAGER CHIEF OPERATING OFFICER 188167 0 0 0 0 0 1500 0 13369 0 203036 0 0 0 ERIN HARTSOUGH VP COMMUNITY TEAMS 143713 0 0 0 0 0 1500 0 35023 0 180236 0 0 0 THOMAS SILVERMAN SENIOR VP, STRATEGIC PARTNERSHIPS 161042 0 0 0 0 0 1500 0 12994 0 175536 0 0 0 JEMAR WARD GLOBAL DIRECTOR, HR & EQUI 126001 0 0 0 0 0 1500 0 24561 0 152062 0 0 0 BRANDON WORTH VP, DIGITAL FUNDRAISING & 123586 0 0 0 0 0 1500 0 24951 0 150037 0 0 0 PART I, LINE 1A THE BOD HAVE APPROVED A $50,000 LIFE INSURANCE POLICY FOR THE CEO, WHICH IS COUNTED AS COMPENSATION. THE TAXES ON THAT PIECE OF HIS COMPENSATION ARE REIMBURSED VIA A TAX GROSS UP. X 1 57311 FMV X CONSTRUCTION MATERIALS 239 993521 FMV 0 0 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS BASED ON INFORMATION PROVIDED BY THE FINANCE TEAM. THE COMPLETED FORM 990 WILL BE PROVIDED TO THE NATIONAL BOARD OF DIRECTORS IN ADVANCE OF THE FILING DEADLINE, TO ENSURE A DETAILED AND CONSCIENTIOUS REVIEW BY ALL BOARD MEMBERS. ALL QUESTIONS AND CONCERNS OF THE BOARD WILL BE ADDRESSED BY MANAGEMENT AND INCORPORATED INTO THE RETURN AS APPROPRIATE. SENIOR MANAGEMENT OF BUILDON WILL FILE THE FINAL FORM 990, AS REQUIRED. FORM 990, PART VI, SECTION B, LINE 12C THE CHAIR OF THE GOVERNANCE COMMITTEE OF THE NATIONAL BOARD OF DIRECTORS REQUESTS ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. IT IS REQUIRED THAT EACH DIRECTOR, OFFICER, AND KEY EMPLOYEE ANNUALLY COMPLETE AND SIGN A DISCLOSURE STATEMENT. IF A CONFLICT OF INTEREST ARISES, THE RELATED PARTY DISCLOSES THE NATURE OF SUCH INTEREST AND ALL MATERIAL FACTS RELATING TO THE ISSUE TO THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS. THE RELATED PERSON RECUSES HIM/HERSELF DURING DEBATE OR VOTING ON THE TRANSACTION, BUT MAY OTHERWISE BE PRESENT TO ANSWER QUESTIONS. THE CHAIR OF THE BOARD'S GOVERNANCE COMMITTEE DOCUMENTS THE BASIS FOR THE BOARD OF DIRECTORS' DETERMINATION, INCLUDING A RECORD OF THE DISCUSSION PRECEDING THE VOTE, AND ANY DOCUMENTARY OR OTHER DATA REVIEWED BY THE DIRECTORS, IN THE MINUTES OF THE MEETING OR OTHERWISE, BUT IN ALL EVENTS PRIOR TO THE NEXT MEETING OF THE BOARD OR COMMITTEE, AND THE MINUTES OR OTHER RECORDS ARE APPROVED AS ACCURATE AND COMPLETE AT THE NEXT MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S PERFORMANCE IS REVIEWED ON AN ANNUAL BASIS BY THE GOVERNANCE COMMITTEE OF THE NATIONAL BOARD OF DIRECTORS. THE GOVERNANCE COMMITTEE SENDS THE PERFORMANCE REVIEW TO THE NATIONAL BOARD OF DIRECTORS FOR COMMENT, THEN COMPILES ALL COMMENTS, CONDUCTS THE PERFORMANCE REVIEW, AND MAKES A RECOMMENDATION REGARDING THE CEO'S SALARY. THE GOVERNANCE COMMITTEE ULTIMATELY DETERMINES THE COMPENSATION OF THE CEO USING COMPARABLE COMPENSATION OBTAINED FROM COMPENSATION SURVEYS OF SIMILARLY SITUATED ORGANIZATIONS. THE CEO RECEIVED A SALARY INCREASE IN JANUARY 2022. THE CDO, CFO, COO, CXO, AND CPO ARE ALL OFFICERS OF THE COMPANY, AND WITH THE NATIONAL BOARD OF DIRECTORS' APPROVAL, THE CEO REVIEWS AND SETS THE SALARIES OF THE OFFICERS, BASED UPON COMPARABLE COMPENSATION OBTAINED FROM COMPENSATION SURVEYS OF SIMILARLY SITUATED ORGANIZATIONS. ALL PERFORMANCE REVIEWS ARE DOCUMENTED IN THE EMPLOYEE'S PERSONNEL FILE. ALL OFFICERS RECEIVED A PERFORMANCE REVIEW BY APRIL 2022. STARTING IN 2022, THE CEO'S PERFORMANCE REVIEW AND COMPENSATION RECOMMENDATION WILL BE PERFORMED BY THE EXECUTIVE COMMITTEE OF THE NATIONAL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 BUILDON DISCLOSES ITS FINANCIAL STATEMENTS, AUDITS, AND FORM 990 ON ITS WEBSITE WWW.BUILDON.ORG. IN ADDITION, BUILDON'S FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION ON OTHER WEBSITES, SUCH AS CHARITY NAVIGATOR. ANYONE, AT ANY TIME, CAN REQUEST A COPY OF BUILDON'S BYLAWS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, MOST RECENT FORM 990, AND FINANCIAL AUDIT.