Nonprofit · EIN 99-2970306
BUILDING FUTURES PROJECT INC
Tax-exempt · BETHESDA, MD 20814
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $506,801 | $471,984 | $34,817 | $98,108 | $30,712 | $67,396 |
| December 31, 2024 | 990 | $230,751 | $198,172 | $32,579 | $66,479 | $33,900 | $32,579 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $324,421
- Program service revenue
- $182,380
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $117,308
- Other salaries and wages
- $72,812
- Salaries, compensation and benefits (total)
- $205,963
- Professional fundraising fees
- $0
- Accounting fees
- $3,800
- Travel
- $508
- Program services (functional)
- $401,978
- Management and general (functional)
- $55,324
- Fundraising (functional)
- $14,682
Balance sheet and other
- Total assets, start of year
- $66,479
- Total assets, end of year
- $98,108
- Total liabilities, end of year
- $30,712
- Net assets, end of year
- $67,396
- Net assets without donor restrictions
- $67,396
- Gross receipts
- $506,801
- Employees
- 2
- Volunteers
- 151
- Year formed
- 2024
- State of legal domicile
- MD
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SEAN HANEL | EXECUTIVE DI Trustee or director, Officer | 40 | $117,308 |
| ANA MATAN | SECRETARY/TR Trustee or director | 1 | $0 |
| VINCE BURKE | VICE PRESIDE Trustee or director | 1 | $0 |
| PATRICIA PERFETTO | DIRECTOR Trustee or director | 1 | $0 |
| DAVID DUGAN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sean Hanel | Executive Dir. Trustee or director, Officer | 40 | $56,731 |
| Mark Matan | Director Trustee or director | 1 | $0 |
| Ana Matan | Secretary Trustee or director, Officer | 1 | $0 |
| Vince Burke | Vice President Trustee or director | 1 | $0 |
| Patricia Perfetto | Director Trustee or director | 1 | $0 |
| Dave Dugan | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4927 AUBURN AVE SUITE 200, BETHESDA, MD 20814-2641
- Principal officer (990 for 2025)
- SEAN HANEL, 4927 AUBURN AVE SUITE 200, BETHESDA, MD 20814
- Signed the 990
- SEAN HANEL, EXECUTIVE DIRECTOR
- Phone
- (314) 495-1045
- Return prepared by
- REGULUS CPA SOLUTIONS INC
Mission
BUILDING FUTURES PROJECT IS AN EMERGING NONPROFIT THAT PARTNERS WITH U.S. SCHOOLS AND UNIVERSITIES TO SERVE LATIN AMERICAN COMMUNITIES, DOMESTICALLY AND ABROAD, THROUGH CRITICAL NUTRITIONAL, EDUCATIONAL, AND HOUSING SUPPORT.
Program accomplishments
- IMMERSION SERVICE TRIPS IN 2025, BUILDING FUTURES PROJECT RAN TEN IMMERSION TRIPS TO EL SALVADOR, BRINGING 147 U.S. STUDENTS AND ADULTS TO SERVE ALONGSIDE LOCAL COMMUNITIES. VOLUNTEERS WORKED ON CONSTRUCTION PROJECTS, ENGAGED IN CULTURAL EXCHANGE, AND GREW IN SERVICE-BASED LEADERSHIP.Expenses $152,263
- CONSTRUCTION PROJECTS WE FINISHED CONSTRUCTION ON A RETAINING WALL AT A SCHOOL IN CIUDAD ARCE TO STOP EROSION, IMPROVE STUDENT SAFETY FROM A NEARBY ROAD, AND ENHANCE THE CAMPUS ENVIRONMENT. BUILT A HOUSE FOR A MAN NAMED PABLO, AND RE-PAINTED THE COMMUNITY CENTER. EXPENSES INCLUDED CONSTRUCTION MATERIALS AND WAGES FOR A LOCAL MASON, DIRECTLY IMPROVING THE EDUCATIONAL SETTING FOR SALVADORAN STUDENTS.Expenses $95,748
- VOLUNTEER HOUSING AND LOCAL PROGRAM SUPPORT TO SUSTAIN OUR MISSION, WE MAINTAINED OUR RENTED VOLUNTEER HOUSE IN EL SALVADOR, PROVIDED FOOD, AND ARRANGED BUS TRANSPORTATION FOR PARTICIPANTS. THESE RESOURCES ENSURED SAFE, RELIABLE ACCOMMODATIONS AND TRAVEL FOR VOLUNTEERS WHILE SUPPORTING LOCAL BUSINESSES THROUGH PURCHASES OF SUPPLIES, FUEL, AND SERVICES.Expenses $153,967
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-2970306
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $98,108
- Income (IRS master file)
- $506,801
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $506,801 | $471,984 | $98,108 | IRS |
| 990 | December 2024 | $230,751 | $198,172 | $66,479 | IRS |
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 99-2970306).
Questions about BUILDING FUTURES PROJECT INC
- What is the EIN of BUILDING FUTURES PROJECT INC?
- The employer identification number (EIN) of BUILDING FUTURES PROJECT INC is 99-2970306.
- Is BUILDING FUTURES PROJECT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to BUILDING FUTURES PROJECT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BUILDING FUTURES PROJECT INC 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 FUTURES PROJECT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUILDING FUTURES PROJECT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of BUILDING FUTURES PROJECT INC?
- The 990 for the year ended December 31, 2025 names SEAN HANEL.
- Who are the officers and directors of BUILDING FUTURES PROJECT INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $117,308 (SEAN HANEL, EXECUTIVE DI).
- How much revenue does BUILDING FUTURES PROJECT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $506,801, expenses of $471,984 and total assets of $98,108 at year end.
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