Build Wealth MN Inc

Minneapolis, MN, 55411 (612) 877-4182 Est. 2004 EIN 25-1918239
B60 - Adult Education 990 - Public charity return 501(c)(3)
bwealthe.org

Mission

Build Wealth MN's (BWMN) mission is to empower underserved communities and populations in the Twin Cities metro area to achieve social and economic wealth through community, economic, and housing development.

Giving Portfolio

Total Grants
1
Total Giving
$90K
Recipients
1
Years Active
2024
Avg grant: $90,000 Median: $90,000

Sectors Funded

Human Services
1

Top States

Minnesota
1

Grantee Size Profile

$1M - $5M
1

Top Grantees

Grants Awarded · 1 grants

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Financials

Total Revenue
$8,314,688
Total Expenses
$3,676,753
Net Assets
$17,077,176
23 employees 4 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
4.6 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 7.7%
Expenses ↓ 13.4%
Revenue Sources
Contributions 86.5% Earned revenue 6.5% Investment 9.0%
Expense Breakdown
Program 77.2% Management 17.5% Fundraising 5.3%

Officers & Trustees (11)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$8,314,688 ↑$3,676,753$17,077,176
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$7,717,316 ↓$4,247,455$12,439,241
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$8,653,347 ↑$4,083,420$8,969,380
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$4,002,738 ↑$1,304,936$4,399,453
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$1,521,895 $1,204,284$1,701,651

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EIN: 25-1918239 · Source: IRS Form 990 e-file data