BUILDING TOMORROW INC

EIN: 562614329 501(c)(3) International Affairs

Indianapolis, IN

Total Revenue
$5,604,032
Total Expenses
$4,867,677
Total Assets
$6,037,036
Net Assets
$6,020,949
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
IN
Principal Officer
George Srour
Phone
3176323545
Tax Period
2024-01-01 to 2024-12-31

BUILDING TOMORROW INC, founded in 2006, is a community nonprofit in the International Affairs sector that reported $5.6M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $4.9M left a modest 13% surplus.

Mission

Building Tomorrow is a community-powered learning non-profit driving impact on foundational education.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,596,608
Program Service Revenue $0
Investment Income $31,581
Other Revenue $-24,157
TOTAL REVENUE $5,604,032

Expense Breakdown

Grants Paid $3,597,698
Salaries & Benefits $971,777
Fundraising Expenses $223,617
Program Expenses $4,465,155
Other Expenses $298,202
TOTAL EXPENSES $4,867,677

Year-over-Year Comparison

2024 2023 Change
Revenue $5,604,032 $6,833,435 -0.2%
Expenses $4,867,677 $4,210,747 +0.2%
Net Income $736,355 $2,622,688 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
12
Employees
8
Volunteers
24

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
4
$208,488
Total Directors
16
$274,120
Key Employees
1
$208,488
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
George Srour Chief Dreamer 40
Officer Director Key Emp
$198,750 $9,738 $208,488
Julie Kornfeld Chief of Staff 40
Highest
$116,994 $12,880 $129,874
Jyl Strong Director of Strategic Partnerships 40
Highest
$106,047 $13,262 $119,309
Joseph Kaliisa Bagambaki Co-Founder, Board Member 40
Director
$65,632 $0 $65,632
Michael Stayton Board Member 0.25
Director
$0 $0 $0
Amy Walburn Board Member thru May 0.25
Director
$0 $0 $0
Bernadette Nakanwagi Board Member thru Oct 0.25
Director
$0 $0 $0
Godfrey Ssemugooma Board Member 0.25
Director
$0 $0 $0
Jean Blackwell Board Member 0.25
Director
$0 $0 $0
Jerry Langley Finance Chair 0.25
Director
$0 $0 $0
Jim McClelland Board Member 0.25
Director
$0 $0 $0
Jimmy Kolker Board Member 0.25
Director
$0 $0 $0
Ken Kobe Governance Chair 0.25
Director
$0 $0 $0
Steven Katende Board Member 1
Director
$0 $0 $0
Emily Johnson Global Board Chair 0.25
Officer Director
$0 $0 $0
James Habyarimana Vice Chair 0.25
Officer Director
$0 $0 $0
Randal Kaltenmark Secretary 0.25
Officer Director
$0 $0 $0
Nadira Lalji Board Member thru Nov 1
Director
$0 $0 $0
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 $5,604,032 $4,867,677 $6,037,036 $736,355
2023 $6,833,435 $4,210,747 $5,317,163 $2,622,688
2022 $3,612,207 $3,528,227 $2,682,548 $83,980
2021 $2,537,452 $3,011,200 $2,584,263 $-473,748
2020 $3,496,762 $1,853,563 $3,058,065 $1,643,199
2019 $2,174,320 $2,137,394 $1,421,323 $36,926
2018 $1,644,080 $2,582,922 $1,376,907 $-938,842
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