BAMA BUILDS (Formerly Bama Works Fund)

Nonprofit profile at a glance

EIN
850922891
IRS 990-EZ coverage
2020–2023
Forms available
Form 990 2022, Form 990-EZ 2023, Form 990-N 2023
Location
Birmingham, AL, USA
Phone
2058073468
Rating
40
Verdict
MIXED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$23,500
Expenses
$103,000
Assets
$306
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Derwin Jackson (Member (operationally Executive Director))

People named in this filing

  • Derwin Jackson (Member (operationally Executive Director))
  • Mark Martin (Member)
  • F Gerrel Jones (Member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Beginning of Year- Serve as a Scholarship Granting Organization for low-to-moderate income children in the state of Alabama. However, the program went dormant during the 2022-2023 school year. We are now repurposing the program to serve low-to-moderate income residents by enabling the supply and access of affordable housing in the Greater Western Birmingham community of Alabama.m

What it reported doing in 2023

-Scholarshipped our final round of students in the 2022-2023 school year

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 13
  • Transparency & Controls: 82
  • Sustainability: 18
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 19.1%; rating input score 19
  • Program expense ratio: 4.4%; rating input score 4

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -338.3%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -2.6% per year; rating input score 0; 42nd percentile among comparable filings
  • Revenue growth: -8.7% per year; rating input score 0; 28th percentile among comparable filings
  • Asset growth: -53% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 19.1% of revenue deployed · 4.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $4K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2020 to 2023
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 19/100.
  • High — Financial Efficiency: Program expense ratio scored 4/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.