Operating record

Build Commonwealth Inc

Boston, MA · EIN 04-3540147 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$1,194,758$4,081,149−$2,886,39120.454%
2021$1,917,151$4,396,856−$2,479,70512.148%
2022$7,626,258$4,684,040$2,942,21818.751%
2023$2,060,926$5,605,403−$3,544,4778.145%

In its most recent public year (2023), this organization spent $3,544,477 more than it brought in. Its reserves stood at about 8.1 months of spending, down from 20.4 in 2020. Staff pay was 45% of spending. $2,127,558 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗