Overview

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Est.

2004

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Build Wealth MN Inc is a Twin Cities metro-area nonprofit focused on adult education and related community, economic, and housing development efforts to help underserved communities build social and economic wealth. In filing year 2024, it reported an operating budget of $3.4M and total revenue of $8.3M, with major funders including THE BUSH FOUNDATION, FAMILY HOUSING FUND, and NORTHWEST AREA FOUNDATION.

Mission Statement

HELP FAMILIES AND COMMUNITIES BUILD SOCIAL AND ECONOMIC WEALTH BY PROVIDING COMPREHENSIVE VALUE BASED FINANCIAL EDUCATION, TRAINING, TECHNICAL ASSISTANCE, AFFORDABLE HOUSING OPPORTUNITIES, AND ACCESS TO DEVELOPMENTAL FINANCIAL PRODUCTS AND SERVICES IN COLLABORATION WITH OTHER PUBLIC AND PRIVATE COMMUNITY PARTNERS.
Revenues
$7.7M
Expenses
$4.2M
Net Income:
+$3.5M
Assets
$15.4M
Liabilities
$3M
Net Assets:
+$12.4M
Operating Budget
$4.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
14
Median grant size
$80K
Largest grant received
$2M
D
David McGee
Board Member
M
Monique Bulson-Bratton
Board Member
F
Franklin Stovall
Board Member
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  • 28 funders
  • 9 board & team members
  • 8 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is BUILD WEALTH MN INC’s budget?
In 2023, BUILD WEALTH MN INC reported an annual operating budget of around $4.2 million. More detailed financial information is available to registered users.
What causes does BUILD WEALTH MN INC support?
BUILD WEALTH MN INC supports work in Adult education.
Where does BUILD WEALTH MN INC operate?
BUILD WEALTH MN INC is headquartered in Minneapolis, MN.
Who funded BUILD WEALTH MN INC recently?
In 2025, BUILD WEALTH MN INC received grants from TARGET FOUNDATION, NATIONAL PHILANTHROPIC TRUST, and THE BUSH FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant BUILD WEALTH MN INC received in 2024?
The largest grant to BUILD WEALTH MN INC in 2024 exceeds $2 million.
What is BUILD WEALTH MN INC’s reliance on government grants?
BUILD WEALTH MN INC relied on government grants for less than 5% of their total revenue in 2023.