2025-05-07T13:05:05-05:00 2024-06-30 946214841 ARMANINO ADVISORY LLC 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2023-07-01 943386695 BUSINESSES UNITED IN INVESTING LENDING & DEVELOPMENT BUSI 6506885840 PO BOX 3316 REDWOOD CITY CA 94064 THAIS REZENDE PRESIDENT & INTERIM CEO 6506885840 2025-05-06 1 1 JENNIFER M VACHA P01251998 9257902600 2025-05-06 2023 2025-03-06 01:10:19Z BUILD THAIS REZENDE PO BOX 3316 REDWOOD CITY CA 94064 8748365 0 X WWW.BUILD.ORG X 1999 CA BUILD'S MISSION IS TO IGNITE THE POWER OF YOUTH IN UNDER-RESOURCED COMMUNITIES (CONTINUED ON SCH. O) TO BUILD CAREER SUCCESS, ENTREPRENEURIAL MINDSETS, AND OPPORTUNITY. WE HELP STUDENTS BECOME THE CEO OF THEIR OWN LIVES! BUILD FACILITATES THE LAUNCHING OF STUDENT-RUN SMALL BUSINESSES, VIA VIRTUAL SIMULATION AND HANDS ON LEARNING, AND TEACHES STUDENTS THE 21ST CENTURY SKILLS NEEDED TO IMPROVE THEIR ACADEMIC PERFORMANCE AND HELP THEM PREPARE FOR LIFE AFTER HIGH SCHOOL. OUR YOUTH ACQUIRE THE KNOWLEDGE, SKILLS, AND EXPERIENCE NECESSARY TO SUCCEED IN THEIR POST-SECONDARY ENDEAVOURS. 10 9 126 526 0 0 7915535 5377497 455391 359615 157907 315965 -196527 -178021 8332306 5875056 259395 277788 0 0 9483128 8502772 73980 121775 1968355 2399377 2929704 12215880 11832039 -3883574 -5956983 15024895 8798826 714404 441087 14310491 8357739 X BUILD'S MISSION IS TO IGNITE THE POWER OF YOUTH IN UNDER-RESOURCED COMMUNITIES TO BUILD CAREER SUCCESS, ENTREPRENEURIAL MINDSETS, AND OPPORTUNITY. WE HELP STUDENTS BECOME THE CEO OF THEIR OWN LIVES! BUILD FACILITATES THE LAUNCHING OF STUDENT-RUN (CONTINUED ON SCHEDULE O) SMALL BUSINESSES, VIA VIRTUAL SIMULATION AND HANDS ON LEARNING, AND TEACHES STUDENTS THE 21ST CENTURY SKILLS NEEDED TO IMPROVE THEIR ACADEMIC PERFORMANCE AND HELP THEM PREPARE FOR LIFE AFTER HIGH SCHOOL. OUR YOUTH ACQUIRE THE KNOWLEDGE, SKILLS, AND EXPERIENCE NECESSARY TO SUCCEED IN THEIR POST-SECONDARY ENDEAVOURS. 0 0 2725554 99975 129424 YEAR 1: BUILD YOUR BUSINESS (Y1) FRESHMAN, SOPHOMORE, JUNIOR, AND SENIOR YEAR BUILD YOUR BUSINESS STUDENTS GAIN AN INTRODUCTION TO ENTREPRENEURSHIP AND HOW BUILD WANTS THEM TO BECOME THE CEO OF THEIR OWN LIVES. THEY USE THE HUMAN-CENTERED DESIGN PROCESS TO CREATE AND PITCH AN ORIGINAL PRODUCT IDEA TO VOLUNTEER PROFESSIONALS. THEY BUILD OUT THESE IDEAS INTO BUSINESS PITCH DECKS THAT THEY PRESENT IN A CULMINATING BUSINESS PLAN COMPETITION EVENT. 2725554 99975 129424 YEAR 2: BUILD YOUR VOICE (Y2) FRESHMAN, SOPHOMORE, JUNIOR, AND SENIOR YEAR IN BUILD YOUR VOICE, STUDENTS DEVELOP THEIR UNIQUE VOICE AND BRAND (BOTH PERSONAL AND BUSINESS) AS THEY CONTINUE THEIR JOURNEY TO COLLEGE, CAREER, AND LIFE SUCCESS. THEY CONTINUE BUILDING THEIR SKILLS IN PRODUCT DESIGN, MARKETING, PRODUCTION, FINANCES AND SALES, FINISHING THE YEAR WITH A SELLING EVENT AND PORTFOLIO PITCH. 2122047 77838 100767 YEAR 3: BUILD YOUR FUTURE (Y3) JUNIOR AND SENIOR YEAR BUILD YOUR FUTURE IS THE BRIDGE THAT LINKS ENTREPRENEURIAL SKILLS AND MINDSETS THAT OUR STUDENTS DEVELOP IN Y1 AND Y2 TO THEIR PATHWAYS AFTER HIGH SCHOOL. OUR Y3 STUDENTS LEARN TO BE CEOS - THEY'RE LEARNING HOW TO BE CAREER-FOCUSED, ENTERPRISING, AND OPPORTUNITY-ORIENTED. THROUGH THEIR BUILD EXPERIENCE, THEY ARE EXPANDING THEIR SOCIAL AND NAVIGATIONAL CAPITAL. THEY'RE GROWING THEIR NETWORKS, AND LEARNING HOW TO UTILIZE THESE NETWORKS AND RESOURCES TO BE PROACTIVE ABOUT THEIR FUTURE. BUILD YOUR FUTURE EMPOWERS BUILD STUDENTS TO LEARN ABOUT POTENTIAL PATHWAYS AND HOW TO ACCESS THEM. THEY ARE SETTING THEMSELVES UP TO BE SUCCESSFUL NO MATTER WHAT THEIR PATHWAY IS. 7573155 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 49 0 1 126 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA MD MA NY PA VA DC FL X X DESIREE FORD 6506885840 PO BOX 3316 REDWOOD CITY CA 94064 THAIS REZENDE PRESIDENT & INTERIM CEO 50.00 X X 235302 0 21984 BILL TAYLOR CEO (THRU 2/24) 50.00 X X 230865 0 18147 DESIREE FORD CFOO 50.00 X X 194203 0 17377 EDWARD WILSON CHIEF DEVELOPMENT OFFICER 50.00 X 196100 0 6095 SYBIL MIMY-WELLS REGIONAL EXECUTIVE DIRECTOR 50.00 X 191954 0 2917 SUE DALELLO SR NAT'L DIR, OFFICES OF CEO & PRES. 50.00 X 168375 0 21968 RYAN OLIVER REGIONAL EXECUTIVE DIRECTOR 50.00 X 156178 0 20822 BRIAN COSTANZO DIRECTOR OF BUSINESS DEVELOPMENT 50.00 X 151902 0 34587 AYELE SHAKUR FORMER CEO (THRU 1/23) 50.00 X 70417 0 500 ROY HIRSHLAND BOARD CHAIR 2.00 X X 0 0 0 ELDRIDGE GRAY TREASURER 2.00 X X 0 0 0 DOUG BRIEN SECRETARY 2.00 X X 0 0 0 AJAY AGARWAL MEMBER (THRU 6/24) 1.00 X 0 0 0 AFDHEL AZIZ MEMBER (THRU 12/23) 1.00 X 0 0 0 MOHAMED FAHMI MEMBER (THRU 6/24) 1.00 X 0 0 0 MICHAEL FARB MEMBER (THRU 1/24) 2.00 X 0 0 0 MATT FLANAGAN MEMBER 2.00 X 0 0 0 DORA GOUGOUFKAS MEMBER 2.00 X 0 0 0 KARL JACOB MEMBER (THRU 6/24) 1.00 X 0 0 0 GAGAN KANJLIA MEMBER 1.00 X 0 0 0 DAVID LI MEMBER 2.00 X 0 0 0 DAVID PEINSIPP MEMBER 1.00 X 0 0 0 MICHAEL PORTEGELLO MEMBER 2.00 X 0 0 0 TRISH WALKER MEMBER (THRU 3/24) 2.00 X 0 0 0 1595296 0 144397 30 1 1 0 GAMING POWER LA 9 CALLE MONTEBELLO GUAYNABO SAN JUAN RQ 00966 CONSULTING SERVICES - DIGITAL STRATEGY 344457 ALOA LLC 925 HIGHLAND AVE GLENDALE CA 91202 CONSULTING SERVICES - DIGITAL STRATEGY 225800 VELOCITY GLOBAL LLC 3858 WALNUT STREET SUITE 107 DENVER CO 80205 PEO SERVICE 132711 LUMINA CONSULTING 5645 ESTATES DRIVE OAKLAND CA 94618 PR MARKETING SERVICES 121200 4 373867 35000 4968630 484069 5377497 PROGRAM SERVICE FEES 900099 359615 359615 359615 244227 244227 2753248 2681510 71738 71738 71738 13778 373867 191799 -178021 -178021 5875056 359615 0 137944 277788 277788 679311 159585 290593 229133 6258957 4608959 815349 834649 83182 61072 11625 10485 819664 583277 117106 119281 661658 456757 104186 100715 53025 53025 121775 121775 15613 15613 1083640 280958 457863 344819 9783 200 9583 276825 245174 20645 11006 221715 219231 2421 63 121784 92398 26147 3239 257585 102616 83849 71120 229121 129003 77166 22952 193527 149192 44335 39930 31133 8797 APPLICATION LIC. & HOST 277551 123946 67336 86269 OTHER 124810 27477 94311 3022 AWARDS 24795 24389 162 244 11832039 7573155 2290529 1968355 397235 1480760 4032077 2067374 4060559 1128283 99000 72020 2560 19914 1428546 646214 690032 782332 5684451 3191235 58981 56908 15024895 8798826 714404 441087 714404 441087 X 7725964 5514309 6584527 2843430 14310491 8357739 15024895 8798826 -5956983 4231 0 X 0 1 X 1 0 X 8842237 16172261 14778392 7915535 5377497 53085922 8842237 16172261 14778392 7915535 5377497 53085922 2699482 50386440 10272 14258 92489 167432 244227 528678 4 5 9 53614609 1651770 0.93980 0.95430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 403306 44000 21273 16000 452579 382176 23000 12530 11000 3400 403306 363678 25000 -6502 382176 363662 16 363678 362429 1408 175 363662 1.00000 0.00000 0.00000 0 0 5478 5478 0 501207 464833 36374 921861 175903 745958 782332 X 7841057 4231 1977383 1981614 5859443 15613 15613 5875056 13793809 1977383 1977383 11816426 15613 15613 11832039 PART X, LINE 2: BUSINESSES UNITED IN INVESTING, LENDING AND DEVELOPMENT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND EXEMPT FROM STATE INCOME TAXES UNDER VARIOUS STATE CODES AND STATUTES OF CALIFORNIA, MASSACHUSETTS, MARYLAND, VIRGINIA, NEW YORK, PENNSYLVANIA AND WASHINGTON D.C. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE ORGANIZATION IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND VARIOUS STATES. THE ORGANIZATION'S FEDERAL RETURNS FOR THE YEARS ENDED JUNE 30, 2021 AND BEYOND REMAIN SUBJECT TO POSSIBLE EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION'S STATE RETURNS FOR THE TAX YEARS ENDED JUNE 30, 2020 AND BEYOND REMAIN SUBJECT TO POSSIBLE EXAMINATION BY VARIOUS STATE TAX BOARDS. PART V, LINE 4: THE ORGANIZATION'S POLICY IS TO BUILD THE ENDOWMENT AND ONLY TO PAY OUT FOR WILLIAM LAZIER SCHOLARSHIPS EACH YEAR OUT OF ITS BOARD DESIGNATED ENDOWMENT. ANNUALLY, ADDITIONAL FUNDS ARE DEPOSITED INTO THE ACCOUNT TO OFFSET THESE SCHOLARSHIP PAYMENTS TO ENSURE THE ORGANIZATION PROTECTS AND GROWS THE PRINCIPLE INVESTMENT. IN ESTABLISHING THIS POLICY, THE ORGANIZATION CONSIDERED THE LONG TERM EXPECTED RETURN ON ITS ENDOWMENT. ACCORDINGLY, OVER THE LONG TERM, THE ORGANIZATION EXPECTS TO GROW THE GENERAL ENDOWMENT FUND AT AN AVERAGE CONSERVATIVE RETURN OF 1% TO 3% ANNUALLY. THIS IS CONSISTENT WITH THE ORGANIZATION'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS AS WELL AS TO PROVIDE MODEST RETURNS ON INVESTMENT WITH THE GOAL OF CAPITAL PRESERVATION. X X X X X X X 1 ALTRU PHILANTHROPY ADVISORS PO BOX 159 LOCUST VALLEY NY 11560 CONSULTING SERVICES 0 0 20000 -20000 MARYANNE BLOOMFIELD 2 GLEN ROCK ROAD CEDAR GROVE NJ 07009 CONSULTING SERVICES 0 0 88750 -88750 WHITNEY MOHLER 20 FARRELL ST NEWBURYPORT MA 01950 GRANT WRITER 0 0 13025 -13025 121775 -121775 CA DC MA NY MD PA VA FL FY24 NY BUILDFEST 160810 152930 7880 1860 9924 21171 13734 10392 FY24 BOS BUILDFEST 108975 108975 6225 26636 11065 1935 14 117860 111962 5898 21774 36138 12502 18443 387645 373867 13778 1860 37923 83945 37301 30770 191799 -178021 1 BPC AWARDS, SCHOLARSHIPS, YOUTH TEAM FUNDING, FELLOWSHIP 1267 277788 COMPETITION AWARDS, SCHOLARSHIP, INCUBATOR TEAM FUNDING, FELLOWSHIP PART I, LINE 2: BUILD PROVIDES SCHOLARSHIPS AND FELLOWSHIPS TO QUALIFIED STUDENTS/ALUMNI WHO PARTICIPATE IN THE PROGRAM AND MEET ELIGIBILITY REQUIREMENTS. EACH STUDENT/ALUMNI IS REQUIRED TO COMPLETE AN APPLICATION THAT IS REVIEWED AND APPROVED BY BUILD PROGRAM STAFF. BUILD ALSO PROVIDES AWARDS TO ELIGIBLE STUDENT TEAMS PARTICIPATING IN THE PROGRAM CURRICULUM AND FINAL COMPETITION. X X 0 0 0 0 0 0 0 1 0 THAIS REZENDE PRESIDENT & INTERIM CEO 226302 0 9000 0 0 0 5963 0 16021 0 257286 0 0 0 BILL TAYLOR CEO (THRU 2/24) 226265 0 4600 0 0 0 0 0 18147 0 249012 0 0 0 DESIREE FORD CFOO 190703 0 3500 0 0 0 0 0 17377 0 211580 0 0 0 EDWARD WILSON CHIEF DEVELOPMENT OFFICER 188700 0 7400 0 0 0 5883 0 212 0 202195 0 0 0 SYBIL MIMY-WELLS REGIONAL EXECUTIVE DIRECTOR 188787 0 3167 0 0 0 2631 0 286 0 194871 0 0 0 SUE DALELLO SR NAT'L DIR, OFFICES OF CEO & PRES. 162010 0 6365 0 0 0 5061 0 16907 0 190343 0 0 0 RYAN OLIVER REGIONAL EXECUTIVE DIRECTOR 149778 0 6400 0 0 0 5088 0 15734 0 177000 0 0 0 BRIAN COSTANZO DIRECTOR OF BUSINESS DEVELOPMENT 145502 0 6400 0 0 0 5088 0 29499 0 186489 0 0 0 AYELE SHAKUR FORMER CEO (THRU 1/23) 10417 0 60000 0 0 0 500 0 0 0 70917 0 0 0 PART I, LINE 7 BONUSES ARE UNBUDGETED AND DETERMINED AT THE END OF THE YEAR ON COMPANY PERFORMANCE AND CASH AVAILABILITY. THE BOARD AT ITS DISCRETION PROVIDES BONUSES FOR EMPLOYEES THAT MEET STANDARD PERFORMANCE RELATED GOALS. X 5 463423 PUBLICLY TRADED EXCHANGE X DINNER/RECEPTION 3 8992 COMPARABLE SALES X EQUIP/BEAUTY SUPPLY 2 6800 COMPARABLE SALES X FLOWER ARRANGEMENT 1 2994 COMPARABLE SALES X EVENT TICKETS 1 1860 COMPARABLE SALES 0 0 1 0 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTIONS MADE, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE COMPLETED FORM 990 ARE FORWARDED TO ALL BOARD MEMBERS. THE MANAGING DIRECTOR REVIEWS KEY AREAS WITH THE BOARD BEFORE THE FORM IS FINALIZED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD PRESIDENT REVIEWS THE CEO'S COMPENSATION AND ANY CHANGES IN THE CEO'S SALARY MUST BE APPROVED BY THE ORGANIZATION'S BOARD OF DIRECTORS. THE HUMAN RESOURCES MANAGER REVIEWS ALL STAFF POSITIONS AND SALARIES ON AN ANNUAL BASIS. DURING THE SURVEY THREE INDEPENDENT DATA SOURCES ARE REVIEWED: PAYSCALE, GUIDESTAR AND NORTHERN CALIFORNIA SURVEY FOR NON-PROFITS. THE COMPENSATION DATA IS THEN REVIEWED WITH THE MANAGING DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS AND FORM 990 IS AVAILABLE ON BUILD'S WEBSITE. INFORMATION IS ALSO AVAILABLE ON GUIDESTAR WEBSITE.