BUILDING TALENT FOUNDATION

EIN: 844308411 501(c)(3) Employment

WASHINGTON, DC

Total Revenue
$5,033,750
Total Expenses
$3,742,983
Total Assets
$3,222,787
Net Assets
$2,105,062
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
DC
Principal Officer
BRANKA MINIC
Phone
3054917368
Tax Period
2024-01-01 to 2024-12-31

BUILDING TALENT FOUNDATION, founded in 2019, is a community nonprofit in the Employment sector that reported $5.0M in total revenue in fiscal year 2024. Revenue surged 122% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 26% operating margin.

Mission

TO ADVANCE THE EDUCATION, TRAINING, AND CAREER PROGRESSION OF YOUNG PEOPLE AND PEOPLE FROM UNDERREPRESENTED GROUPS, AS SKILLED TECHNICAL WORKERS AND AS BUSINESS OWNERS IN RESIDENTIAL CONSTRUCTION.

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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 $5,031,469
Program Service Revenue $0
Investment Income $80
Other Revenue $2,201
TOTAL REVENUE $5,033,750

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,875,171
Fundraising Expenses $328,466
Program Expenses $3,046,789
Other Expenses $867,812
TOTAL EXPENSES $3,742,983

Year-over-Year Comparison

2024 2023 Change
Revenue $5,033,750 $2,272,342 +1.2%
Expenses $3,742,983 $3,737,205 +0.0%
Net Income $1,290,767 $-1,464,863 -1.9%
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
10
Independent Members
9
Employees
41
Volunteers
248

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
$2,153,837
Total Directors
11
$1,628,837
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERYL PALMER CHAIRMAN 2.00
Officer Director
$0 $0 $0
DOUGLAS BAUER SECRETARY (THRU 4/19/24) 2.00
Officer Director
$0 $0 $0
ALAN NORRIS TREASURER 2.00
Officer Director
$0 $0 $0
KENNETH GEAR ASSISTANT TREASURER 2.00
Officer Director
$0 $0 $1,628,837
ADRIAN FOLEY DIRECTOR 2.00
Director
$0 $0 $0
PHILLIP THEODORE DIRECTOR 2.00
Director
$0 $0 $0
MIKE OLOSKY DIRECTOR 2.00
Director
$0 $0 $0
JORGE PEREZ DIRECTOR 2.00
Director
$0 $0 $0
DANA HUTH DIRECTOR 2.00
Director
$0 $0 $0
KARL MISTRY DIRECTOR 2.00
Director
$0 $0 $0
JOEL SHINE DIRECTOR 2.00
Director
$0 $0 $0
BRANKA MINIC CEO 50.00
Officer
$525,000 $0 $525,000
JOHN L TILLEY VP OF OPERATIONS 40.00
Highest
$138,491 $0 $138,491
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
2025 No data No data No data No data
2024 $5,033,750 $3,742,983 $3,222,787 $1,290,767
2023 $2,272,342 $3,737,205 $1,999,474 $-1,464,863
2022 $2,666,448 $3,049,349 $3,308,070 $-382,901
2021 $5,714,358 $1,768,568 $3,489,361 $3,945,790
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