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Nonprofit · EIN 83-3588856

BUILDING PROMISE USA

Tax-exempt · AUSTIN, TX 78723

Financials

$472K$442K2023$526K$550K2024
Revenue Expenses · by fiscal year end
Financials of BUILDING PROMISE USA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$526,485$550,111-$23,626$78,392$50,071$28,321
December 31, 2023990$471,929$441,514$30,415$207,692$155,745$51,947
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$526,471
of which government grants
$245,852
Program service revenue
$0
Investment income
$14
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$80,800
Other salaries and wages
$181,961
Salaries, compensation and benefits (total)
$303,889
Professional fundraising fees
$0
Accounting fees
$26,250
Occupancy
$39,151
Travel
$691
Depreciation
$5,145
Program services (functional)
$462,839
Management and general (functional)
$67,166
Fundraising (functional)
$20,106

Balance sheet and other

Total assets, start of year
$207,692
Total assets, end of year
$78,392
Total liabilities, end of year
$50,071
Net assets, end of year
$28,321
Land, buildings and equipment
$9,747
Net assets without donor restrictions
$5,825
Net assets with donor restrictions
$22,496
Gross receipts
$526,485
Employees
8
Year formed
2019
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Carl Hunter until May 2024Executive Director
Trustee or director, Officer
40$42,000
David Johnson August to December 20Executive Director
Trustee or director, Officer
40$34,000
Kenneth ThompsonPresident
Trustee or director, Officer
1$0
Jemerell RogersPresident
Trustee or director, Officer
2$0
Hank PerretTreasurer
Trustee or director, Officer
8$0
Lynda FrostSecretary
Trustee or director
4$0
Marcella SimsDirector
Trustee or director
1$0
David JohnsonDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Carl HunterExecutive Director
Trustee or director, Officer
40$71,500
Kenneth ThompsonPresident
Trustee or director, Officer
1$0
Hank PerretSecretary/Treasurer
Trustee or director, Officer
1$0
Jessica GarzaDirector
Trustee or director
0.5$0
Frank RingerDirector
Trustee or director
0.5$0
Lynda FrostDirector
Trustee or director
0.5$0
Reggie SmithDirector
Trustee or director
0.5$0
Tommie DorsettDirector
Trustee or director
0.5$0
Jemerell RogersDirector
Trustee or director
0.5$0
David JohnsonDirector
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
6633 E HIGHWAY 290 STE 104, AUSTIN, TX 78723-1157
Mailing address (990-N for 2020)
1110 CRIPPLE CREEK, AUSTIN TX 78759
Principal officer (990 for 2024)
Hank Perret, 6633 Highway 290 East STE 104, Austin, TX 78723
Principal officer (990-N for 2020)
CARL HUNTER, 1110 CRIPPLE CREEK, AUSTIN TX 78759
Signed the 990
Hank Perret, Treasurer
Phone
(512) 291-7028
Return prepared by
Patricia Armstrong CPA

Mission

Building Promise USA is a peer-based organization that supports people who are impacted by the carceral system.Through our four main impact areas, we support our clients through peer support services, and connecting them to supportive services that will help them become thriving and contributing members of society.

990 for the year ended December 31, 2024

Program accomplishments

  • See Schedule O
    Expenses $462,839

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-3588856
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$78,392
Income (IRS master file)
$526,485

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$526,485$550,111$78,392XML
990December 2023$471,929$441,514$207,692XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: CARL HUNTER
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Carl Hunter
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-3588856).

Questions about BUILDING PROMISE USA

What is the EIN of BUILDING PROMISE USA?
The employer identification number (EIN) of BUILDING PROMISE USA is 83-3588856.
Is BUILDING PROMISE USA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to BUILDING PROMISE USA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BUILDING PROMISE USA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BUILDING PROMISE USA due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BUILDING PROMISE USA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BUILDING PROMISE USA?
The 990 for the year ended December 31, 2024 names Hank Perret.
Who are the officers and directors of BUILDING PROMISE USA?
The 990 for the year ended December 31, 2024 lists 8 people; 2 received compensation from the organization, the highest $42,000 (Carl Hunter until May 2024, Executive Director).
How much revenue does BUILDING PROMISE USA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $526,485, expenses of $550,111 and total assets of $78,392 at year end.

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