BUILDING GOODNESS FOUNDATION

EIN: 541956136 501(c)(3) International Affairs

CHARLOTTESVILLE, VA

Total Revenue
$2,523,406
Total Expenses
$2,695,032
Total Assets
$2,611,554
Net Assets
$2,311,936
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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
VA
Principal Officer
COURTNEY POLK
Phone
4349730993
Tax Period
2024-01-01 to 2024-12-31

BUILDING GOODNESS FOUNDATION, founded in 1999, is a community nonprofit in the International Affairs sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum.

Mission

TO BUILD COMMUNITY AND IMPROVE LIVES.

Program Service Accomplishments

Program 1
Expenses: $1,826,572 Revenue: $5,400

BUILDING GOODNESS FOUNDATION IS A U.S. BASED CONSTRUCTION NONPROFIT OFFERING CONSTRUCTION SERVICES TO INTERNATIONAL NGOS IN UNDERDEVELOPED COMMUNITIES IN CENTRAL AMERICA AND THE CARIBBEAN. WE BELIEVE...

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BUILDING GOODNESS FOUNDATION IS A U.S. BASED CONSTRUCTION NONPROFIT OFFERING CONSTRUCTION SERVICES TO INTERNATIONAL NGOS IN UNDERDEVELOPED COMMUNITIES IN CENTRAL AMERICA AND THE CARIBBEAN. WE BELIEVE THAT WELL DESIGNED, WELL-BUILT, BEAUTIFUL BUILDINGS CREATE OPPORTUNITIES FOR CHILDREN, FAMILIES AND COMMUNITIES. BGF CONSTRUCTS BUILDINGS THAT PROMOTE HEALTH AND LITERACY, STIMULATE ECONOMIC DEVELOPMENT, AND HELP END THE CYCLES OF POVERTY.SINCE 1999 BGF HAS BUILT 30 MEDICAL CLINICS, SCHOOLS, WATER/SANITATION SYSTEMS, AND COMMUNITY CENTERS, AS WELL AS OVER 1,200 HOMES IN HAITI, NICARAGUA, HONDURAS, GUATEMALA, EL SALVADOR, LIBERIA, AND COSTA RICA. AN ESTIMATED 150,000 PEOPLE USE BGF BUILDINGS INTERNATIONALLY EVERY YEAR. BGF WORKS WITH VOLUNTEERS AND COMPANIES FROM THE CONSTRUCTION INDUSTRY - ARCHITECTS, ENGINEERS, PROJECT MANAGERS AND TRADESPEOPLE - TO DELIVER BEAUTIFUL, HIGH-QUALITY STRUCTURES THAT BOTH INCREASE OUR PARTNER'S CAPACITY AND GENERATE OPPORTUNITIES FOR THOSE WHO USE THEM. THROUGH THIS MODEL OF PARTNERSHIP WITH GENEROUS COMPANIES AND VOLUNTEERS WHO DONATE THEIR TIME AND EXPERTISE, BGF PROJECTS ARE COMPLETED AT A FRACTION OF THE COST, AND VOLUNTEERS HAVE THE OPPORTUNITY TO USE THEIR SKILL TO GIVE BACK TO COMMUNITY.

Program 2
Expenses: $440,241

BGF PROVIDES BUILDING REPAIRS AND RENOVATIONS IN OUR COMMUNITY, WITH A FOCUS ON SUPPORTING INCREASED ACCESS TO ESSENTIAL SERVICES, THE LOCAL ECONOMY, AND RACIAL EQUITY. THESE PROJECTS INCREASE ACCESS...

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BGF PROVIDES BUILDING REPAIRS AND RENOVATIONS IN OUR COMMUNITY, WITH A FOCUS ON SUPPORTING INCREASED ACCESS TO ESSENTIAL SERVICES, THE LOCAL ECONOMY, AND RACIAL EQUITY. THESE PROJECTS INCREASE ACCESS TO SERVICES SUCH AS HEALTH, EDUCATION AND RECREATION, AND SUPPORT LOCAL BUSINESSES. ADDITIONALLY, EVERY YEAR WE COMPLETE HOME REPAIR PROJECTS FOR UP TO 10 LOW INCOME HOMEOWNERS IN THE CHARLOTTESVILLE AREA, SUPPORTING SAFE AND AFFORDABLE HOUSING. WE HAVE COMPLETED REPAIR PROJECTS ON OVER 135 HOMES TO DATE. BGF REPAIRS HOMES OF THE SICK AND ELDERLY, UPGRADES FACILITIES FOR THE HOMELESS, AND RENOVATES SPACES FOR THOSE ORGANIZATIONS SERVING DISADVANTAGED COMMUNITY MEMBERS.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,482,736
Program Service Revenue $5,400
Investment Income $22,535
Other Revenue $12,735
TOTAL REVENUE $2,523,406

Expense Breakdown

Grants Paid $0
Salaries & Benefits $597,515
Fundraising Expenses $245,226
Program Expenses $2,266,813
Other Expenses $2,097,517
TOTAL EXPENSES $2,695,032

Year-over-Year Comparison

2024 2023 Change
Revenue $2,523,406 $1,731,198 +0.5%
Expenses $2,695,032 $1,611,346 +0.7%
Net Income $-171,626 $119,852 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
9
Volunteers
132

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$121,223
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEEN CAREY PRESIDENT 8.00
Officer Director
$0 $0 $0
SUZANNE HESS TREASURER 2.00
Officer Director
$0 $0 $0
KRISTIN SOROTKI DIRECTOR 1.00
Director
$0 $0 $0
JACK STONER DIRECTOR 1.00
Director
$0 $0 $0
LEIGH GROSSMAN DIRECTOR 1.00
Director
$0 $0 $0
JAY TOWNSEND DIRECTOR 1.00
Director
$0 $0 $0
CINDY ADAMS SECRETARY 2.00
Officer Director
$0 $0 $0
DIANE HILLMAN DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL BOGGS DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL CERNIK DIRECTOR 1.00
Director
$0 $0 $0
MIKE CASTLE DIRECTOR 1.00
Director
$0 $0 $0
BETSY MANUEL VICE CHAIR 2.00
Officer Director
$0 $0 $0
JACK HORN DIRECTOR 1.00
Director
$0 $0 $0
BOB PINEO DIRECTOR 1.00
Director
$0 $0 $0
DANA TORNABENE DIRECTOR 1.00
Director
$0 $0 $0
COURTNEY POLK EXECUTIVE DIRECTOR 40.00
Officer
$117,838 $3,385 $121,223
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,523,406 $2,695,032 $2,611,554 $-171,626
2023 $1,731,198 $1,611,346 $2,783,426 $119,852
2022 $1,851,355 $1,955,053 $2,639,619 $-103,698
2021 $1,598,270 $1,426,078 $2,771,090 $172,192
2020 $1,471,475 $1,066,651 $2,718,979 $404,824
2019 $1,289,094 $1,568,476 $2,184,767 $-279,382
2018 $2,211,679 $1,992,701 $2,473,412 $218,978
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