2025-10-07T16:43:14-05:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 223128648 BUILDON INC BUIL 2033445515 1111 SUMMER STREET 602A STAMFORD CT 06905 JAMES ZIOLKOWSKI CHIEF EXECUTIVE OFFICER 2033445515 2025-10-07 1 0 ELIZABETH W HELLER P00397829 3019519090 2024 2025-03-06 01:10:19Z JAMES ZIOLKOWSKI 1111 SUMMER STREET 602A STAMFORD CT 06905 30170649 0 X WWW.BUILDON.ORG X 1991 CT SEE PART III, LINE 1. 15 13 129 200 0 0 21495440 22058126 0 0 527738 1976333 194347 523671 22217525 24558130 36170 23596 0 0 11366227 12267174 0 0 1894140 10329022 9810679 21731419 22101449 486106 2456681 19636112 21781202 1128863 1703216 18507249 20077986 BUILDON BREAKS THE CYCLE OF POVERTY, ILLITERACY AND LOW EXPECTATIONS THROUGH SERVICE AND EDUCATION. 0 0 13024958 23596 BUILDON GLOBAL - SINCE BUILDON, INC.'S INCEPTION, THE STUDENTS IT SERVES HAVE CONTRIBUTED 2,523,586 HOURS OF SERVICE IN THE U.S., AND HAVE HELPED BUILD 2,778 SCHOOLS, 240 OF WHICH WERE COMPLETED DURING 2024, IN THE FOLLOWING LOCATIONS: BOLIVIA (8), BRAZIL (2), BURKINA FASO (205), GUATEMALA (115), HAITI (205), INDIA (3), MALAWI (562), MALI (528), NEPAL (391), NICARAGUA (391), SENEGAL (430), 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. 5995050 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 359,832 CHILDREN, PARENTS AND GRANDPARENTS EVERY DAY. 19020008 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 1 1 0 1 0 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 6 0 1 129 1 0 1 UV GT HA MI ML NP NU SG 0 0 0 1 1 0 0 0 0 X 15 13 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MO NV NH NJ MN NY NC ND OH OK OR PA RI SC TN TX UT VA WA WV WI X X MARC FRIEDMAN 2033546006 1111 SUMMER STREET SUITE 602A STAMFORD CT 06905 JIM ZIOLKOWSKI CHIEF EXECUTIVE OFFICER 55.00 X X 591144 0 40705 MARC FRIEDMAN SECRETARY, CHIEF DEVELOPMENT OFFICER 55.00 X X 322063 0 17256 DARRYL ERVIN DIRECTOR 0.25 X 0 0 0 SANJAY GUPTA DIRECTOR 0.25 X 0 0 0 RANDI HEDIN DIRECTOR 0.25 X 0 0 0 SUZIE IVELICH DIRECTOR 0.25 X 0 0 0 DAN JANKI DIRECTOR 0.25 X 0 0 0 MARGARET KEANE DIRECTOR 0.25 X 0 0 0 ALAN MURRAY DIRECTOR 0.25 X 0 0 0 RASSAAN PARRIS DIRECTOR 0.25 X 0 0 0 MEISHA ROSS PORTER DIRECTOR 0.25 X 0 0 0 JOHN SEIFERT DIRECTOR 0.25 X 0 0 0 KAREN SEITZ DIRECTOR 0.25 X 0 0 0 HILARY SMITH DIRECTOR 0.25 X 0 0 0 ERIC STANDIFER DIRECTOR 0.25 X 0 0 0 FRANK ERTL CHIEF FINANCIAL OFFICER 45.00 X 224898 0 39384 CARRIE PENA CHIEF OPERATING OFFICER 45.00 X 227900 0 28254 ROSANN JAGER CHIEF OPERATING OFFICER - GLOBAL 45.00 X 201564 0 15613 TRAVIS WELCOME CHIEF PROGRAM OFFICER, US 45.00 X 123278 0 15231 DJIBRIL OUATTARA CHIEF PROGRAM OFFICER, GLOBAL 45.00 X 91649 0 27762 TOM SILVERMAN SVP DEVELOPMENT 45.00 X 162323 0 12597 ERIN HARTSOUGH VP COMMUNITY TEAMS 45.00 X 150000 0 38534 ALED HOLLINGWORTH VP DEVELOPMENT 45.00 X 147420 0 38504 MAURICE MUCHENE VP BUSINESS DEVELOPMENT 45.00 X 144727 0 15235 ERIC DONLEY DIRECTOR OF DATA 45.00 X 140880 0 15235 2527846 0 304310 18 0 1 0 THE GLASSHOUSE 659 12TH AVE 5TH FLOOR NEW YORK NY 10018 EVENT VENUE 201431 STUDIO PRODUCTIONS NYC LLC 660 12TH AVE 5TH FLOOR NEW YORK NY 10019 EVENT A/V EQUIPMENT AND LABOR 138561 KCR GROUP INC 41-21 28TH STREET SUITE 4G LONG ISLAND CITY NY 11101 EVENT CATERING 128805 3 726147 2616991 18714988 1419227 22058126 230932 230932 6600000 5235 4859834 0 1740166 5235 1745401 5235 1740166 1284402 726147 752685 531717 531717 2348 0 2348 2348 LOSS ON FOREIGN EXCHANGE 900099 -10394 -10394 -10394 24558130 7583 0 2492421 23596 23596 1966704 1344448 140652 481604 8023014 6843238 271656 908120 59245 48347 2493 8405 1640703 1490765 72522 77416 577508 474597 23334 79577 66869 66869 30000 30000 788276 706958 52983 28335 15775 15775 701235 563102 46445 91688 259105 505 187126 71474 299161 132936 165906 319 1172447 1062988 38537 70922 536963 512939 6360 17664 139138 135855 2237 1046 183261 147578 6943 28740 CONSTRUCTION 5375534 5375534 REPAIRS AND MAINTENANCE 108572 108457 115 STAFF APPRECIATION 61464 21827 19013 20624 BAD DEBT 49051 49051 23828 10563 5174 8091 22101449 19020008 1187301 1894140 69423 11157 2746131 892089 5655548 13255845 72929 59625 1078776 763785 395173 314991 10165194 6769678 531714 477817 19636112 21781202 603760 1263719 525103 439497 1128863 1703216 X 7514997 8299301 10992252 11778685 18507249 20077986 19636112 21781202 2456681 -885944 0 X 0 1 X 1 0 X 14547708 15747953 17327330 21495440 22058126 91176557 14547708 15747953 17327330 21495440 22058126 91176557 29438014 61738543 177780 225856 213974 281179 230932 1129721 863372 270941 552847 231124 531717 2450001 57900 -36767 -12383 -36777 -10395 -38422 94717857 5644 0.65180 0.68990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10387153 2230000 1077901 6630000 30000 7035054 9603786 1533368 750001 10387153 11839162 -1845524 389852 9603786 10597532 10387 1231243 11839162 9295874 1301658 10597532 1.00000 0.00000 0.00000 0 0 88452 69195 19257 990324 694590 295734 314991 LEASE LIABILITY 439497 439497 28942239 -885944 5300053 4414109 24528130 30000 30000 24558130 27371502 5300053 5300053 22071449 30000 30000 22101449 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. 1 CENTRAL AMERICA AND THE CARIBBEAN 3 40 PROGRAM SERVICES SCHOOL CONSTRUCTION, ENROLL AND ADULT LITERACY PROGRAMS 2915022 SOUTH ASIA 1 26 PROGRAM SERVICES SCHOOL CONSTRUCTION, ENROLL AND ADULT LITERACY PROGRAMS 1509832 SUB-SAHARAN AFRICA 4 94 PROGRAM SERVICES SCHOOL CONSTRUCTION, ENROLL AND ADULT LITERACY PROGRAMS 11212581 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS IN REGION 6102 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS IN REGION 7366 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS IN REGION 9436 8 160 0 0 8 160 15660339 0 15660339 FUNDS FOR VILLAGE INITIATIVES SOUTH ASIA 29 7366 WIRE FUNDS FOR VILLAGE INITIATIVES CENTRAL AMERICA AND THE CARIBBEAN 40 6102 WIRE FUNDS FOR VILLAGE INITIATIVES SUB-SAHARAN AFRICA 171 9436 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. NY GALA 1797352 631952 1165400 294982 192380 124958 WEST COAST 179964 76062 103902 24087 7258 41944 2577 4 33233 18133 15100 2636 61863 2010549 726147 1284402 319069 202274 166902 64440 752685 531717 X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 JIM ZIOLKOWSKI CHIEF EXECUTIVE OFFICER 553644 0 37500 0 0 0 1500 0 39205 0 631849 0 0 0 MARC FRIEDMAN SECRETARY, CHIEF DEVELOPMENT OFFICER 322063 0 0 0 0 0 1500 0 15756 0 339319 0 0 0 FRANK ERTL CHIEF FINANCIAL OFFICER 224898 0 0 0 0 0 1500 0 37884 0 264282 0 0 0 CARRIE PENA CHIEF OPERATING OFFICER 227900 0 0 0 0 0 1500 0 26754 0 256154 0 0 0 ROSANN JAGER CHIEF OPERATING OFFICER - GLOBAL 201564 0 0 0 0 0 1500 0 14113 0 217177 0 0 0 ERIN HARTSOUGH VP COMMUNITY TEAMS 150000 0 0 0 0 0 1500 0 37034 0 188534 0 0 0 ALED HOLLINGWORTH VP DEVELOPMENT 147420 0 0 0 0 0 1500 0 37004 0 185924 0 0 0 TOM SILVERMAN SVP DEVELOPMENT 162323 0 0 0 0 0 0 0 12597 0 174920 0 0 0 MAURICE MUCHENE VP BUSINESS DEVELOPMENT 144727 0 0 0 0 0 1500 0 13735 0 159962 0 0 0 ERIC DONLEY DIRECTOR OF DATA 140880 0 0 0 0 0 1500 0 13735 0 156115 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. PART I, LINE 7 THE BOD APPROVED A $37,500 DISCRETIONARY BONUS FOR THE CEO THAT WAS BASED ON OVERALL PERFORMANCE IN 2024 X 7 126242 X CONSTRUCTION MATERIALS 240 1292985 FMV 0 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 EXECUTIVE COMMITTEE OF THE NATIONAL BOARD OF DIRECTORS. THE EXECUTIVE 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 EXECUTIVE 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 2023. 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 2024. 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.