Overview
What is Build Up?
Build Up is a nonprofit organization situated in Birmingham, Alabama. During the 2022-2023 period, their primary focus was on providing workforce skills and education to numerous students within the Birmingham metropolitan area. Their mission is to empower youth, helping them rise above the cycle of generational poverty and address urban blight. This is achieved by equipping them with essential education, workforce skills, and the means to become multi-family homeowners. Collectively, these efforts are intended to drive long-term community revitalization. With a team of 22 dedicated individuals, Build Up strives to make a significant impact in its community.
Official website here: www.buildup.work
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Build Up has received a two-star rating from Charity Navigator, indicating that while the organization has some strengths, there are significant areas requiring improvement. The overall score of 73% reflects good performance in areas like governance, with a fully independent board and a high ratio of program expenses, which suggests that most funds are directed towards its mission.
However, the organization faces critical shortcomings in financial transparency, as it received no points for financial statements and lacks several key policies, including those for whistleblower protection and document retention. Additionally, the tax form is not posted on the nonprofit's website, further hindering transparency efforts. These limitations may impact trust among potential donors and stakeholders.
Despite these challenges, Build Up's commitment to its mission is evident through its robust program expense ratio of 81.97%, indicating that a significant portion of its resources is allocated to programmatic work. Improving financial transparency and governance practices could enhance the organization's standing and help build greater confidence with supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Build Up legitimate?
Build Up is a legitimate nonprofit organization registered as a 501(c)(3) entity. Build Up submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $170,886
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.buildup.work
What is the mission statement of Build Up?
Build Up's mission is centered around empowering youth to break free from generational poverty and address urban blight. This is achieved by equipping them with essential education and workforce skills, as well as facilitating their attainment of multi-family homeownership. This collective effort aims to drive long-term community revitalization. In the 2022-2023 period, the organization focused on providing workforce skills and education to numerous students in the Birmingham metropolitan area.
Official website here: www.buildup.work
Who is the CEO of Build Up?
Mark Martin is the Ceo of Build Up. The CEO's salary of Build Up is $110,577 and their total compensation is $110,577.
Official website here: www.buildup.work
What is the revenue of Build Up?
Build Up's revenue in 2023 was $1,800,978.
Official website here: www.buildup.work
Who are the executives of Build Up and what are their salaries?
The average compensation at Build Up during 2023 was $7,768. There are 22 employees and 10 volunteers at Build Up.
Here are 4 key members and their salaries (Build Up's CEO's salary is $110,577 and their total compensation is $110,577):
- Compensation: $110,577
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.buildup.work
Where can I find the form 990 for Build Up?
Build Up's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.buildup.work
Learn more at the official website: www.buildup.work
Mission Statement of Build Up
Build Up, as an organization, aims to empower youth to break the cycle of generational poverty and address urban blight. By providing education, workforce skills, and the opportunity for multi-family homeownership, Build Up encourages these young individuals to collectively lead long-term community revitalization efforts. This mission seeks to equip youth with the necessary tools to elevate themselves and contribute positively to their communities, ultimately tackling widespread issues such as poverty and urban decay. During the 2022-2023 period, Build Up focused on delivering workforce skills and educational programs across the Birmingham metropolitan area.
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Impact
July, 2024
Build Up's impact can be seen in the numerous students throughout the Birmingham metropolitan area who have been provided with workforce skills and education during 2022-2023. The organization plays a crucial role in empowering youth to break the cycle of generational poverty and address urban blight. By equipping these students with the necessary tools and resources, Build Up is creating a pathway for them to achieve long-term community revitalization through education, workforce skills, and multi-family homeownership. This initiative not only transforms the lives of the individuals involved but also contributes to the overall betterment of the community in Birmingham, Alabama.
This information is meant to be a general summary of Build Up. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $1,800,978
Assets and Liabilities:
- Total Assets: $2,503,289
- Total Liabilities: $48,802
- Net Assets: $2,454,487
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Organization Details
Founding Year
2017
Phone
(504) 330-6198Principal Officer
Mark Martin
Main Address
2301 AVENUE E, BIRMINGHAM, AL, 35218
Website
www.buildup.workNTEE Category
Code: O50 - Youth development
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