Federal ID# 251918239
Build Wealth MN, Inc.
-
- Build Wealth Minnesota
- Build Wealth International
- BWMN
General Information
| Organization Type | CHARITY |
| Contact Person | David McGee |
| Address | 1256 Penn Avenue North, Minneapolis, MN 55411 |
| Phone Number | (612) 877-4182 |
| Purpose or Description | To help families build sustainable social & economic wealth through providing value based culturally sensitive training, education, and access to developmental financial services and products in alliance with other community partners, organizations and social service providers. |
| Status | Active |
| Extension | Granted |
Financial Information
For Fiscal Year Ending 12/31/2023
INCOME
| Direct Public Support | $6,827,759 |
| Government Grants | + $260,000 |
| Other Revenue | + $629,557 |
| Total Revenue | $7,717,316 |
EXPENSES
| Amount Spent for Program or Charitable Purposes | $3,796,123 |
| Management/General Expense | + $390,026 |
| Fundraising Expense | + $61,306 |
| Total Expenses | $4,247,455 |
Excess/Deficit
| Total Revenue | $7,717,316 |
| Total Expenses | - $4,247,455 |
| Excess/Deficit | $3,459,861 |
End of Year Fund Bal/Net Worth
| Total Assets | $15,423,453 |
| Total Liabilities | - $2,984,212 |
| End of Year Fund Bal/Net Worth | $12,439,241 |
