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Nonprofit · EIN 14-1882064

BUILD WITH PURPOSE INC

Tax-exempt · ALEXANDRIA, VA 22305

Financials

$497K$135K2023
Revenue Expenses · by fiscal year end
Financials of BUILD WITH PURPOSE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2024990$496,730$135,280$361,450$8,806,518$0$8,806,518
Financial details: 990 for the year ended September 30, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$496,730
Other revenue
$0

Expenses

Grants and similar amounts paid
$25,000
Compensation of officers, directors and key employees
$110,250
Salaries, compensation and benefits (total)
$110,250
Professional fundraising fees
$0
Program services (functional)
$135,280

Balance sheet and other

Total assets, start of year
$8,445,068
Total assets, end of year
$8,806,518
Total liabilities, end of year
$0
Net assets, end of year
$8,806,518
Net assets without donor restrictions
$28,402
Net assets with donor restrictions
$8,778,116
Gross receipts
$496,730
Employees
0
Volunteers
0
Year formed
2003
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
Mark MedemaChairperson
Trustee or director, Officer
25$110,250
Brian KeenanBoard Member
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
3505 CAMERON MILLS RD, ALEXANDRIA, VA 22305-1173
In care of
% CANDACE FAUNCE
Mailing address (990-N for 2022)
3505 Cameron Mills Road, Alexandria VA 22305
Principal officer (990 for 2023)
Mark Medema, 3505 Cameron Mills Road, Alexandria, VA 22305
Principal officer (990-N for 2022)
Mark Medema, 3505 Cameron Mills Road, Alexandria VA 22305
Signed the 990
Mark Medema, Board Chair
Phone
(202) 599-8374

Mission

Build with Purpose works to build sustainable organizations and healthy vibrant communities through real estate development and operations, providing guidance and direct technical assistance in facility projects primarily to other tax-exempt organizations.

990 for the year ended September 30, 2024

Program accomplishments

  • Build with Purpose provides loan guarantees consistent with the US Department of Education's Charter School Credit Enhancement program.
    Expenses $110,280 · revenue $496,730
  • Providing technical assistance through participation and support of a national charter school facility conference.
    Expenses $25,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026Not on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
14-1882064
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,806,518
Income (IRS master file)
$496,730

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2024$496,730$135,280$8,806,518XML
990-N for 2022
Officer: Mark Medema
September 30, 2023≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Mark Medema
September 30, 2021≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1882064).

Questions about BUILD WITH PURPOSE INC

What is the EIN of BUILD WITH PURPOSE INC?
The employer identification number (EIN) of BUILD WITH PURPOSE INC is 14-1882064.
Is BUILD WITH PURPOSE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to BUILD WITH PURPOSE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BUILD WITH PURPOSE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BUILD WITH PURPOSE INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BUILD WITH PURPOSE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2024.
Who is the principal officer of BUILD WITH PURPOSE INC?
The 990 for the year ended September 30, 2024 names Mark Medema.
Who are the officers and directors of BUILD WITH PURPOSE INC?
The 990 for the year ended September 30, 2024 lists 2 people; 1 received compensation from the organization, the highest $110,250 (Mark Medema, Chairperson).
How much revenue does BUILD WITH PURPOSE INC have?
On its 990 for the year ended September 30, 2024 it reported revenue of $496,730, expenses of $135,280 and total assets of $8,806,518 at year end.

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