BUILDING MARKETS LTD

EIN: 980575195 501(c)(3) International Affairs

Brooklyn, NY

Total Revenue
$1,996,628
Total Expenses
$3,035,787
Total Assets
$881,075
Net Assets
$629,808
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NY
Principal Officer
Jacob Feinberg
Phone
2127850400
Tax Period
2024-07-01 to 2025-06-30

BUILDING MARKETS LTD, founded in 2008, is a community nonprofit in the International Affairs sector that reported $2.0M in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $3.0M exceeded revenue, resulting in a 52% operating deficit.

Mission

Building Markets unleashes the transformational power of small businesses to address pressing social challenges by driving job creation and inclusive growth. Founded in 2004, the organization finds, builds, and connects competitive local Small and Medium-Sized Enterprises (SMEs) to supply chains and investment. Using this data-driven model, Building Markets has supported more than 26,700 SMEs, assisted those businesses in winning $1.36 billion in contracts and $21 million in loans, and has helped create over 75,000 jobs across diverse markets like Turkey, Jordan, Myanmar, Afghanistan, Liberia, and Haiti.

Program Service Accomplishments

Program 1
Expenses: $1,718,277 Revenue: $64,036

In FY25, Building Markets strengthened local economies across Colombia, Iraq, Trkiye, and Myanmar by helping small businesses access new opportunities and thrive. A total of 1,093 small businesses...

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In FY25, Building Markets strengthened local economies across Colombia, Iraq, Trkiye, and Myanmar by helping small businesses access new opportunities and thrive. A total of 1,093 small businesses joined our network, gaining visibility and access to buyers. Through these connections, participating enterprises won $4.8 million in contracts, improving the lives of 255,974 people through increased income and stability. Additionally, 1,326 individuals received training to expand their skills and improve market access for small business leaders.

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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 $1,928,649
Program Service Revenue $64,036
Investment Income $3,638
Other Revenue $305
TOTAL REVENUE $1,996,628

Expense Breakdown

Grants Paid $1,408
Salaries & Benefits $1,868,034
Fundraising Expenses $34,975
Program Expenses $1,718,277
Other Expenses $1,166,345
TOTAL EXPENSES $3,035,787

Year-over-Year Comparison

2024 2023 Change
Revenue $1,996,628 $5,148,763 -0.6%
Expenses $3,035,787 $4,472,680 -0.3%
Net Income $-1,039,159 $676,083 -2.5%
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
5
Independent Members
5
Employees
9
Volunteers
N/A

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
3
$400,480
Total Directors
5
$241,680
Key Employees
1
$150,388
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Radha Rajkotia Chief Executive Officer 40.00
Officer Director
$231,600 $10,080 $241,680
Elizabeth Fairfield Brown Head Of Partnerships 40.00
Key Emp
$146,139 $4,249 $150,388
Frank Hamilton Mcnutt Chief Operating Officer 40.00
Officer
$152,000 $6,800 $158,800
Ben Cushman Board Chair 1.00
Officer Director
$0 $0 $0
Annie Duflo Director 1.00
Director
$0 $0 $0
Kathrin Frauscher Director 1.00
Director
$0 $0 $0
Paul Musser Director 1.00
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
2025 $1,996,628 $3,035,787 $881,075 $-1,039,159
2024 $5,148,763 $4,472,680 $2,022,607 $676,083
2023 $4,108,126 $4,104,566 $2,032,767 $3,560
2022 $3,631,903 $3,432,910 $1,228,180 $198,993
2021 $3,183,712 $3,117,391 $809,993 $66,321
2020 $3,255,197 $3,099,729 $707,146 $155,468
2019 $1,999,943 $2,613,001 $690,173 $-613,058
2018 $1,869,336 $1,815,541 $301,290 $53,795
2018 $2,023,108 $1,951,185 $104,994 $71,923
2017 $1,827,104 $2,024,410 $146,299 $-197,306
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