Building Dreams Inc
Building Dreams Inc reports no financial activity for the past five years, with minimal assets.
EIN: 202445317 · Monroe, LA · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Net Assets | $1 |
| Transparency Score | 50/100 |
Is Building Dreams Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Building Dreams Inc
Building Dreams Inc (EIN: 202445317) is a nonprofit organization based in Monroe, LA, classified under NTEE code L20. The organization reported total revenue of $0 and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Building Dreams Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Building Dreams Inc is a micro nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2010–2020).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -100.0% | — | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Building Dreams Inc with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Building Dreams Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all filings, indicating no salaries or other compensation paid to officers, which aligns with the organization's minimal financial activity.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Building Dreams Inc's IRS 990 filings:
- Consistent $0 revenue and expenses for multiple years, indicating dormancy or lack of operations.
- Minimal assets ($1 for the latest period), suggesting no significant financial base.
- No discernible program activity or impact based on financial filings.
Strengths
The following positive indicators were identified for Building Dreams Inc:
- Consistent filing of IRS 990 forms, demonstrating compliance with reporting requirements even without financial activity.
Frequently Asked Questions about Building Dreams Inc
Is Building Dreams Inc a legitimate charity?
Building Dreams Inc (EIN: 202445317) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 50/100. It has 10 years of IRS 990 filings on record. 3 red flags identified. 1 strength noted. Financial health grade: B.
How does Building Dreams Inc spend its money?
Building Dreams Inc reported its financials in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Building Dreams Inc tax-deductible?
Building Dreams Inc is registered as a tax-exempt nonprofit (EIN: 202445317). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Building Dreams Inc compare to similar nonprofits?
With a transparency score of 50/100 (Fair), Building Dreams Inc is near average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Building Dreams Inc located?
Building Dreams Inc is headquartered in Monroe, Louisiana and files with the IRS under EIN 202445317. It is classified under NTEE code L20.
How many years of IRS 990 filings does Building Dreams Inc have?
Building Dreams Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Building Dreams Inc a good charity?
Based on the available IRS 990 data, Building Dreams Inc has reported $0 in revenue and expenses for the past five years (2016-2020), making it impossible to assess its effectiveness or impact as a charity. There is no evidence of active programs or financial operations.
What are Building Dreams Inc's programs?
The IRS 990 filings do not provide details on specific programs, and with $0 reported expenses for many years, it's highly unlikely any programs are currently active or funded.
How does Building Dreams Inc spend its money?
Building Dreams Inc has reported $0 in expenses for the majority of its filing history, including the most recent five years. Therefore, there is no spending to analyze or breakdown.
Filing History
IRS 990 filing history for Building Dreams Inc showing financial trends over 10 years of public records:
Total assets increased by 0% over the same period, from $1 to $1.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $0 | $0 | $1 | $0 | — | View 990 |
| 2019 | $0 | $0 | $1 | $0 | — | View 990 |
| 2018 | $0 | $0 | $1 | $0 | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
| 2016 | $0 | $0 | $67 | $0 | — | View 990 |
| 2014 | $1K | $0 | $66 | $0 | — | View 990 |
| 2013 | $975 | $0 | $975 | $0 | — | View 990 |
| 2012 | $0 | $0 | $0 | $0 | — | View 990 |
| 2011 | $0 | $0 | $1 | $0 | — | View 990 |
| 2010 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $0, expenses of $0, and assets of $1.
- 2019: Revenue of $0, expenses of $0, and assets of $1.
- 2018: Revenue of $0, expenses of $0, and assets of $1.
- 2017: Revenue of $0, expenses of $0, and assets of $1.
- 2016: Revenue of $0, expenses of $0, and assets of $67 (revenue -100.0% year-over-year).
- 2014: Revenue of $1K, expenses of $0, and assets of $66 (revenue +49.7% year-over-year).
- 2013: Revenue of $975, expenses of $0, and assets of $975.
- 2012: Revenue of $0, expenses of $0, and assets of $0.
- 2011: Revenue of $0, expenses of $0, and assets of $1.
- 2010: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Building Dreams Inc:
Data Sources and Methodology
This transparency report for Building Dreams Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.