BUILDING TALENT FOUNDATION

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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

2019

Legal Domicile

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.

Program Service Accomplishments

Program 1

Expenses: $855,899

BUILDING TALENT PIPELINE - THE FOUNDATION ENGAGES WITH YOUNG PEOPLE, IN SCHOOLS AND IN COMMUNITIES, TO ENCOURAGE THEIR INTEREST AND EXPLORATION OF CAREERS IN RESIDENTIAL CONSTRUCTION. THE FOUNDATION SUPPORTS SCHOOLS AND TRAINING PROVIDERS TO ALIGN THEIR CONSTRUCTION CURRICULA WITH EMPLOYERS' DEMAND FOR SKILLS. THE FOUNDATION AIMS TO SIGNIFICANTLY INCREASE THE NUMBER OF STUDENTS ENROLLING IN CONSTRUCTION PROGRAMS, BY RAISING THEIR AWARENESS OF THE EXCITING OPPORTUNITIES THE INDUSTRY OFFERS.

Program 2

Expenses: $857,725

BUILDING TALENT CONNECTIONS - THE FOUNDATION CONNECTS EMPLOYERS WITH JOB SEEKERS BY SUPPORTING AND STRENGTHENING EDUCATION PARTNERSHIPS WHERE JOB SEEKERS ARE AND THE TRAINING PROGRAMS, TOOLS, AND...

BUILDING TALENT CONNECTIONS - THE FOUNDATION CONNECTS EMPLOYERS WITH JOB SEEKERS BY SUPPORTING AND STRENGTHENING EDUCATION PARTNERSHIPS WHERE JOB SEEKERS ARE AND THE TRAINING PROGRAMS, TOOLS, AND PLATFORMS WHERE EMPLOYERS SEEK NEW TALENT. THE FOUNDATION'S TALENT CONNECTIONS ARE GEARED TOWARD STRENGTHENING AND SCALING EMPLOYMENT AND BUSINESS OWNERSHIP IN THE INDUSTRY, WHILE IMPROVING COLLABORATION BETWEEN EMPLOYERS, EDUCATORS, AND JOBSEEKERS.

Program 3

Expenses: $791,683

BUILDING TALENT ENGAGEMENT - THE FOUNDATION SUPPORTS THE BUSINESS GROWTH OF ITS TRADE PARTNERS AND THE INDUSTRY'S WORKFORCE BY LEVERAGING INNOVATIVE TALENT MANAGEMENT TECHNOLOGY AND ADVANCING...

BUILDING TALENT ENGAGEMENT - THE FOUNDATION SUPPORTS THE BUSINESS GROWTH OF ITS TRADE PARTNERS AND THE INDUSTRY'S WORKFORCE BY LEVERAGING INNOVATIVE TALENT MANAGEMENT TECHNOLOGY AND ADVANCING WORKPLACE PRACTICES FOR RECRUITING, HIRING, DEVELOPING, ENGAGING, AND RETAINING WORKERS IN RESIDENTIAL CONSTRUCTION. THE FOUNDATION FOSTERS PROFESSIONAL DEVELOPMENT, ENTREPRENEURSHIP, AND CAREER ADVANCEMENT AMONG THE INDUSTRY'S WORKERS AND BUSINESS OWNERS.

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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%)

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

Governance

Voting Members

Independent Members

Employees

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

$2,153,837

Total Directors

$1,628,837

Key Employees

Highest Compensated

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