Building Industry Charitable Foundation Inc
EIN: 300568861 · Louisville, KY · NTEE: T12
| Metric | Value |
|---|---|
| Total Revenue | $223K |
| Total Expenses | $188K |
| Net Assets | $61K |
Is Building Industry Charitable Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Building Industry Charitable Foundation Inc
Building Industry Charitable Foundation Inc (EIN: 300568861) is a nonprofit organization based in Louisville, KY, classified under NTEE code T12. The organization reported total revenue of $223K and total assets of $132K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Building Industry Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Building Industry Charitable Foundation Inc is a small nonprofit that has been operating for 17 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 14.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $172K |
| Total Expenses | $188K |
| Surplus / Deficit | $-15,924 |
| Total Assets | $102K |
| Total Liabilities | $42K |
| Net Assets | $61K |
| Operating Margin | -9.2% |
| Debt-to-Asset Ratio | 40.8% |
| Months of Reserves | 6.5 months |
Financial Health Grade: B
In 2023, Building Industry Charitable Foundation Inc reported a deficit of $16K with expenses exceeding revenue, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 40.8% (moderate leverage).
Financial Trends
Over 7 years of filings (2017–2023), Building Industry Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +303.8% | +381.5% | +26.4% |
| 2022 | +128.2% | +112.6% | -8.0% |
| 2021 | +247.2% | +92.6% | +6.2% |
| 2020 | -85.8% | -90.1% | +0.9% |
| 2019 | -46.3% | +74.7% | -39.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Building Industry Charitable Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Building Industry Charitable Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.8%.
Frequently Asked Questions about Building Industry Charitable Foundation Inc
Is Building Industry Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Building Industry Charitable Foundation Inc (EIN: 300568861) insufficient data. 0 red flags identified, 0 strengths noted.
How does Building Industry Charitable Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Building Industry Charitable Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Building Industry Charitable Foundation Inc tax-deductible?
Building Industry Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 300568861). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Building Industry Charitable Foundation Inc located?
Building Industry Charitable Foundation Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 300568861. It is classified under NTEE code T12.
How many years of IRS 990 filings does Building Industry Charitable Foundation Inc have?
Building Industry Charitable Foundation Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $223K in total revenue.
Filing History
IRS 990 filing history for Building Industry Charitable Foundation Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Building Industry Charitable Foundation Inc's revenue has grown by 126%, moving from $76K to $172K. Total assets decreased by 14.6% over the same period, from $120K to $102K. Total functional expenses rose by 244.9%, from $55K to $188K. In its most recent filing year (2023), Building Industry Charitable Foundation Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $42K in liabilities against $102K in assets (debt-to-asset ratio: 40.8%), resulting in net assets of $61K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $172K | $188K | $102K | $42K | — | — |
| 2022 | $43K | $39K | $81K | $4K | — | View 990 |
| 2021 | $19K | $18K | $88K | $15K | — | View 990 |
| 2020 | $5K | $10K | $83K | $10K | — | — |
| 2019 | $38K | $96K | $82K | $5K | — | View 990 |
| 2018 | $70K | $55K | $135K | $0 | — | View 990 |
| 2017 | $76K | $55K | $120K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $172K, expenses of $188K, and assets of $102K (revenue +303.8% year-over-year).
- 2022: Revenue of $43K, expenses of $39K, and assets of $81K (revenue +128.2% year-over-year).
- 2021: Revenue of $19K, expenses of $18K, and assets of $88K (revenue +247.2% year-over-year).
- 2020: Revenue of $5K, expenses of $10K, and assets of $83K (revenue -85.8% year-over-year).
- 2019: Revenue of $38K, expenses of $96K, and assets of $82K (revenue -46.3% year-over-year).
- 2018: Revenue of $70K, expenses of $55K, and assets of $135K (revenue -7.7% year-over-year).
- 2017: Revenue of $76K, expenses of $55K, and assets of $120K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Building Industry Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Building Industry Charitable Foundation 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.