Building New Foundations Inc

Nonprofit profile at a glance

EIN
464244261
IRS 990-PF coverage
2014–2024
Forms available
Form 990-PF 2024
Location
Katy, TX, USA
Phone
2819830100
Rating
20
Verdict
REVIEW
Rating confidence
Moderate
Sector
Youth Development N.E.C.

Reported finances

Revenue
$394,394
Expenses
$337,472

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Youth Development N.E.C.

What it reported funding in 2024

The foundation reported 4 grants totaling $155,335. The stated grant purposes included transition house for abused girls, internship program for former foster youth, and provide service to the homeless of houston, plus 1 other reported purpose.

Operating model

Revenue model
Other-operating. 100% of the foundation's positive operating resources came from other operating revenue.
Distribution model
No current program activity. The filing reports no charitable disbursements for the current year.

The verdict

REVIEW - The strongest available result is that the filed numbers largely add up. A relatively small share of spending goes to grants and assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: NotEnoughData
  • Cost Efficiency: 46
  • Transparency: NotEnoughData
  • Compliance: 50
  • Endowment Health: 7

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: Limited

Cost Efficiency

  • Grant expense ratio: 46%; rating input score 46; 14th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Limited

Compliance

  • Part VII-B activity disclosures: Limited
  • Filing consistency checks: 8; rating input score 100

Endowment Health

  • Endowment-health comparison: 3.4; rating input score 7; 7th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: Filed grants detail
  • Payout: Filed payout detail
  • Trustees: Filed trustees detail
  • Self-dealing: Filed self-dealing detail
  • Investments: 7th percentile for endowment coverage
  • Consistency: 8 of 8 current checks pass
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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.

  • Moderate — Cost Efficiency: Grant expense ratio scored 46/100.
  • High — Endowment Health: Endowment-health comparison scored 7/100.