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, Suite 4400, 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 | None |
Financial Information
For Fiscal Year Ending 12/31/2024
INCOME
| Direct Public Support | $6,366,392 |
| Government Grants | + $828,357 |
| Other Revenue | + $1,119,939 |
| Total Revenue | $8,314,688 |
EXPENSES
| Amount Spent for Program or Charitable Purposes | $2,839,907 |
| Management/General Expense | + $642,441 |
| Fundraising Expense | + $194,405 |
| Total Expenses | $3,676,753 |
Excess/Deficit
| Total Revenue | $8,314,688 |
| Total Expenses | - $3,676,753 |
| Excess/Deficit | $4,637,935 |
End of Year Fund Bal/Net Worth
| Total Assets | $22,543,867 |
| Total Liabilities | - $5,466,691 |
| End of Year Fund Bal/Net Worth | $17,077,176 |
