Public Charity

BUSINESSES UNITED IN INVESTING LENDING & DEVELOPMENT

BUSINESSES UNITED IN INVESTING LENDING & DEVELOPMENT, of REDWOOD CITY, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $5.8M in revenue, $7.7M in expenses, $6.9M in total assets. 173 publicly reported grants to this organization, totaling roughly $15.6M, appear in IRS filings.

EIN: 943386695 REDWOOD CITY, CA Business & Industry NTEE: S40 Latest filing: 2025
Total Revenue$5.8M
Total Expenses$7.7M
Total Assets$6.9M
Grant Records173
Funding Total$15.6M
Filing Years2021–2025

Mission

BUILD'S MISSION IS TO IGNITE THE POWER OF YOUTH IN UNDER-RESOURCED COMMUNITIES TO BUILD CAREER SUCCESS, ENTREPRENEURIAL MINDSETS, AND OPPORTUNITY. WE HELP STUDENTS BECOME THE CEO OF THEIR OWN LIVES! BUILD FACILITATES THE LAUNCHING OF STUDENT-RUN (CONTINUED ON SCHEDULE O) SMALL BUSINESSES, VIA VIRTUAL SIMULATION AND HANDS ON LEARNING, AND TEACHES STUDENTS THE 21ST CENTURY SKILLS NEEDED TO IMPROVE THEIR ACADEMIC PERFORMANCE AND HELP THEM PREPARE FOR LIFE AFTER HIGH SCHOOL. OUR YOUTH ACQUIRE THE KNOWLEDGE, SKILLS, AND EXPERIENCE NECESSARY TO SUCCEED IN THEIR POST-SECONDARY ENDEAVOURS.

Where $100 goes at Businesses United in Investing Lending & Development

How Businesses United in Investing Lending & Development divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$70 Programs the work itself
$16 Management running the organization
$14 Fundraising raising the next dollar

Inside the $70 for programs

$26
Year 1
38% of program spending
$26
Year 2
37% of program spending
$18
Year 3
25% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD VICE CHAIR Ajay Agarwal
REGIONAL EXECUTIVE DIRECTOR Betsy Neptune-Cowan
MEMBER David Li
BOARD CHAIR David Peinsipp
CFOO Desiree Ford
MEMBER Dora Gougoufkas

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$11,850,596 107 grants
Youth Development
$1,266,800 19 grants
Education
$1,019,000 20 grants
Human & Social Services
$909,360 8 grants
Economic Development
$17,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $5.8M $7.7M $6.9M
2024 $5.9M $11.8M $8.8M
2023 $8.3M $12.2M $15.0M
2022 $15.0M $11.3M $18.9M
2021 $16.4M $8.8M $15.3M

Between 2021 and 2025, reported annual revenue declined from $16.4M to $5.8M (-64%), with total assets most recently reported at $6.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for BUSINESSES UNITED IN INVESTING LENDING & DEVELOPMENT

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