finance and audit committee meeting - building changes 2015... · guests mark raker and megan...
TRANSCRIPT
Finance and Audit Committee
Meeting
Wednesday, April 15, 2015
Meeting Location: BC, 2nd floor conference room
4:00 – 5:30pm
Proposed meeting results
1. Finance & Audit Committee members have Executive Session with Auditor. 2. Committee has the opportunity to review and discuss Year End Financials.
Agenda
I. Auditor Report (Peterson Sullivan to join)……………...........................All (30 mins) Result: Committee has the opportunity to ask questions regarding the annual audit.
II. Review of Form 990………………………………………………….....…..All (45 mins) Result: Committee gains understanding of the contents of the 990.
III. Review of 2/28/15 Financial Statements…………………………………….All (5 mins)
Result: Committee gains understanding of Building Changes operations through financial reports.
IV. Review and Approve Minutes from 2/18/15 Finance and Audit Committee meeting…………………………………………………………..……………...All (5 min) Result: Committee members approve that last meeting’s minutes reflect what happened.
Please let Alice MW. know if you plan to join via phone in advance: Conference line: 877-594-8353, code 78904181
Next Meeting: June 17, 2015
BC Finance & Audit Committee Packet Pg. 1 of 77
Finance and Audit Committee
Meeting Minutes
Wednesday, February 18, 2015
4 – 5 PM
Board Attendance Brian Abeel, Barb Herr, Lori Kaiser, Cheryl DeBoise, Bob Davis, Arnaz Bharucha
Guests Mark Raker and Megan Hurley
Staff Attendance Tekle Bushen, Armilito Pangilinan, Alice Shobe
I. Executive Session with Auditor (Peterson Sullivan) Mark Raker and Megan Hurley joined the executive session of the meeting to discuss the annual audit of Building Changes’ finances.
II. Introduction to the Finance Committee for New Members
Committee members introduced themselves by giving short information about their job and experience working/volunteering in non-profit organizations.
III. Review and Approval of Minutes from 11/19/14 meeting The minutes from the 11/19/14 meeting, as written, having been reviewed, were approved unanimously.
IV. Year End Financials Armilito presented the Financial Statements for the period that ended December 31.Discussion ensued. Actions: a) Armilito will modify the discussion portion of the financial report to say that “Net of revenues over
expenses before grants is $161K.” b) Armilito and Alice will work on strategy on best way to share with the Board the Operational issues
that affect the financials. c) Lori and Armilito will make themselves available to individual Board members if s/he would like to
have a deeper understanding of Building Changes’ finances; in particular in trying to understand the Financial Dashboard.
d) The Committee will schedule discussion of the operating reserves in future meeting to answer the question, “What do we want to add or not add to the rainy day fund?”
Committee meeting adjourned at 5:05pm.
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BUILDING CHANGES
FINANCIAL REPORT
DECEMBER 31, 2014
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C O N T E N T S
Page
INDEPENDENT AUDITORS' REPORT .................................................................................................... 1 and 2
FINANCIAL STATEMENTS
STATEMENTS OF FINANCIAL POSITION ............................................................................................................................... 3
STATEMENTS OF ACTIVITIES ...................................................................................................................................................... 4
STATEMENT OF FUNCTIONAL EXPENSES - 2014 .............................................................................................................. 5
STATEMENT OF FUNCTIONAL EXPENSES - 2013 .............................................................................................................. 6
STATEMENTS OF CASH FLOWS ................................................................................................................................................ 7
NOTES TO FINANCIAL STATEMENTS ........................................................................................................................... 8 - 16
INDEPENDENT AUDITORS' REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING
AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL
STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING
STANDARDS ......................................................................................................................................... 17 and 18
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INDEPENDENT AUDITORS' REPORT
To the Board of Directors
Building Changes
Seattle, Washington
We have audited the accompanying financial statements of Building Changes, which comprise the
statement of financial position as of December 31, 2014, and the related statements of activities, functional
expenses, and cash flows for the year then ended, and the related notes to the financial statements.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with accounting principles generally accepted in the United States; this includes the design,
implementation, and maintenance of internal control relevant to the preparation and fair presentation of
financial statements that are free from material misstatement, whether due to fraud or error.
Auditor's Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We
conducted our audit in accordance with auditing standards generally accepted in the United States.
Those standards require that we plan and perform the audit to obtain reasonable assurance about
whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the financial statements. The procedures selected depend on the auditor's judgment, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.
In making those risk assessments, the auditor considers internal control relevant to the entity's preparation
and fair presentation of the financial statements in order to design audit procedures that are appropriate
in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's
internal control. Accordingly, we express no such opinion. An audit also includes evaluating the
appropriateness of accounting policies used and the reasonableness of significant accounting estimates
made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our audit opinion.
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2
Opinion
In our opinion, the financial statements referred to above present fairly, in all material respects, the
financial position of Building Changes as of December 31, 2014, and the changes in its net assets and its
cash flows for the year then ended in accordance with accounting principles generally accepted in the
United States.
Prior Period Financial Statements
The financial statements of Building Changes as of December 31, 2013, were audited by other auditors
whose report dated April 25, 2014, expressed an unmodified opinion.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated
________________________, on our consideration of internal control at Building Changes over financial
reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and
grant agreements and other matters. The purpose of that report is to describe the scope of our testing
of internal control over financial reporting and compliance and the results of that testing, and not to
provide an opinion on internal control over financial reporting or on compliance. That report is an
integral part of an audit performed in accordance with Government Auditing Standards in considering the
internal control at Building Changes over financial reporting and compliance.
____________________________
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See Notes to Financial Statements
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BUILDING CHANGES
STATEMENTS OF FINANCIAL POSITION
December 31, 2014 and 2013
ASSETS 2014 2013
Current Assets
Cash and cash equivalents 10,914,720$ 10,583,442$
Restricted cash 294,130 70,308
Investments 2,489,604 3,048,207
Current portion of accounts and grants receivable 1,801,945 1,595,117
Current portion of promises to give 2,373,651 2,843,807
Prepaid expenses and deposits 100,387 43,753
Total current assets 17,974,437 18,184,634
Accounts and Grants Receivable, less current portion 1,391,365 1,581,742
Promises to Give, less current portion 1,293,925 9,709
Property and Equipment, net - 6,463
Total assets 20,659,727$ 19,782,548$
LIABILITIES AND NET ASSETS
Current Liabilities
Accounts payable and accrued expenses 219,889$ 188,693$
Current portion of grants payable 5,524,839 6,915,780
Total current liabilities 5,744,728 7,104,473
Grants payable, less current portion 2,937,314 3,575,920
Total liabilities 8,682,042 10,680,393
Net Assets
Unrestricted
Undesignated 1,269,134 1,335,826
Board designated 480,726 622,266
1,749,860 1,958,092
Temporarily restricted 10,227,825 7,144,063
Total net assets 11,977,685 9,102,155
Total liabilities and net assets 20,659,727$ 19,782,548$
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See Notes to Financial Statements
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BUILDING CHANGES
STATEMENTS OF ACTIVITIES
For the Years Ended December 31, 2014 and 2013
Unrestricted
Temporarily
Restricted Total Unrestricted
Temporarily
Restricted Total
Support and Revenue
Foundation and corporation contributions 71,316 8,259,863 8,331,179 235,205 7,810,000 8,045,205
Government grants and contracts 2,731,554 2,731,554 576,720 576,720
Technical assitance and other 213,997 213,997 23,293 23,293
Individual contributions 110,434$ 10,000$ 120,434$ 232,915$ -$ 232,915$
Net assets released from restrictions 5,204,428 (5,204,428) 8,372,934 (8,372,934)
Total support and revenue 8,331,729 3,065,435 11,397,164 9,441,067 (562,934) 8,878,133
Expenses
Program services 7,737,845 7,737,845 8,402,141 8,402,141
Management and general 570,634 570,634 595,683 595,683
Fundraising 259,079 259,079 250,923 250,923
Total expenses 8,567,558 - 8,567,558 9,248,747 - 9,248,747
Change in net assets before investment income (235,829) 3,065,435 2,829,606 192,320 (562,934) (370,614)
Investment income 27,597 18,327 45,924 16,147 10,140 26,287
Change in net assets (208,232) 3,083,762 2,875,530 208,467 (552,794) (344,327)
Net Assets, beginning of year 1,958,092 7,144,063 9,102,155 1,749,625 7,696,857 9,446,482
Net Assets, end of year 1,749,860$ 10,227,825$ 11,977,685$ 1,958,092$ 7,144,063$ 9,102,155$
2014 2013
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See Notes to Financial Statements
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BUILDING CHANGES
STATEMENT OF FUNCTIONAL EXPENSES
For the Year Ended December 31, 2014
Grantmaking
and
Evaluation
Capacity
Building
Advocacy
and Policy
Total
Program
Services
Management
and General Fundraising Total
Salaries and wages 422,823$ 775,322$ 139,038$ 1,337,183$ 315,567$ 121,897$ 1,774,647$
Payroll taxes and benefits 80,972 175,951 30,678 287,601 64,681 24,324 376,606
Total payroll expenses 503,795 951,273 169,716 1,624,784 380,248 146,221 2,151,253
Grants to others 5,168,204 5,350 5,173,554 5,173,554
Professional fees 283,779 227,438 13,039 524,256 84,143 59,017 667,416
Occupancy 41,918 78,423 14,209 134,550 27,849 12,385 174,784
Conferences and meetings 8,331 56,214 6,812 71,357 7,427 18,149 96,933
Travel 17,733 57,001 9,334 84,068 7,142 520 91,730
Supplies 9,477 22,129 2,770 34,376 20,164 2,176 56,716
Staff recruitment and development 4,660 11,134 885 16,679 18,955 1,546 37,180
Telephone 5,560 12,150 3,334 21,044 4,215 1,424 26,683
Printing and publications 3,230 9,758 1,934 14,922 2,651 5,689 23,262
Dues and licenses 5,188 955 7,786 13,929 6,184 320 20,433
Miscellaneous 242 252 145 639 5,797 7,986 14,422
Insurance 2,422 5,155 1,068 8,645 2,118 884 11,647
Postage and delivery 27 5,924 36 5,987 522 1,939 8,448
Equipment rental and maintenance 1,302 2,417 438 4,157 2,093 384 6,634
Depreciation 1,570 2,822 506 4,898 1,126 439 6,463
Total expenses 6,057,438$ 1,448,395$ 232,012$ 7,737,845$ 570,634$ 259,079$ 8,567,558$
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See Notes to Financial Statements
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BUILDING CHANGES
STATEMENT OF FUNCTIONAL EXPENSES
For the Year Ended December 31, 2013
Grantmaking
and
Evaluation
Capacity
Building
Advocacy
and Policy
Total
Program
Services
Management
and General Fundraising Total
Salaries and wages 307,524$ 669,833$ 211,924$ 1,189,281$ 278,528$ 131,634$ 1,599,443$
Payroll taxes and benefits 67,846 145,960 45,686 259,492 55,922 29,332 344,746
Total payroll expenses 375,370 815,793 257,610 1,448,773 334,450 160,966 1,944,189
Grants to others 6,231,457 11,323 6,242,780 6,242,780
Professional fees 231,908 139,397 18,783 390,088 120,977 40,400 551,465
Occupancy 37,215 70,460 19,931 127,606 32,213 13,623 173,442
Conferences and meetings 8,880 13,996 8,107 30,983 2,875 17,463 51,321
Travel 7,521 25,041 9,166 41,728 9,055 250 51,033
Supplies 4,062 11,388 3,219 18,669 39,012 2,266 59,947
Staff recruitment and development 15,038 2,607 840 18,485 15,010 947 34,442
Telephone 4,747 8,354 4,567 17,668 3,831 1,366 22,865
Printing and publications 46 311 357 17,240 2,800 20,397
Dues and licenses 5,365 6,432 7,932 19,729 2,009 646 22,384
Miscellaneous 1,918 3,913 1,114 6,945 1,834 735 9,514
Insurance 136 7,245 14 7,395 909 1,365 9,669
Postage and delivery 2,010 6,853 1,320 10,183 3,129 6,078 19,390
Equipment rental and maintenance 5,764 6,998 1,674 14,436 11,467 1,209 27,112
Depreciation 1,689 3,597 1,030 6,316 1,672 672 8,660
In-kind expense - 137 137
Total expenses 6,933,126$ 1,133,708$ 335,307$ 8,402,141$ 595,683$ 250,923$ 9,248,747$
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See Notes to Financial Statements
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BUILDING CHANGES
STATEMENTS OF CASH FLOWS
For the Years Ended December 31, 2014 and 2013
2014 2013
Cash Flows from Operating Activities
Cash received from:
Contributions 7,637,553$ 8,344,215$
Government grants and contracts 2,715,103 1,821,921
Technical assistance and ather 213,997 17,630
Investment income 78,827 84,821
Cash paid for:
Grants to others (7,203,101) (5,980,559)
Personnel (2,124,529) (1,972,822)
Services and supplies (1,288,450) (1,178,546)
Net cash flows from operating activities 29,400 1,136,660
Cash Flows from Investing Activities
Purchases of investments (450,647) (2,311,310)
Proceeds from sales of investments 976,347 3,087,397
Increase in restricted cash (223,822)
Net cash flows from investing activities 301,878 776,087
Change in cash and cash equivalents 331,278 1,912,747
Cash and cash equivalents, beginning of year 10,583,442 8,670,695
Cash and cash equivalents, end of year 10,914,720$ 10,583,442$
Reconciliation of Change in Net Assets
to Net Cash Flows from Operating Activities
Change in net assets 2,875,530$ (344,327)$
Depreciation 6,463 8,660
Realized and unrealized loss on investments 32,903 53,008
Change in operating assets and liabilities
Accounts and grants receivable (16,451) 1,245,201
Promises to give (814,060) 66,095
Prepaid expenses and deposits (56,634) 96,893
Accounts payable and accrued expenses 31,196 (251,091)
Grants payable (2,029,547) 262,221
Net cash flows from operating activities 29,400$ 1,136,660$
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NOTES TO FINANCIAL STATEMENTS
Note 1. Nature of Activities and Organization
Building Changes is a nonprofit organization conducting activities in Washington State to transform the
ways communities work together to end family and youth homelessness. Building Changes believes that
homelessness can be significantly reduced in Washington State when nonprofits, government, and
philanthropy work seamlessly together in a high-performing system that tailors solutions to the needs of
each individual and family.
Mission: Building Changes believes everyone deserves the opportunity for a home, a healthy life, and a
good job. Building Changes unites public and private partners to create innovative solutions through
expert advice, grantmaking, and advocating for lasting change.
Vision: End homelessness together.
Values: Integrity, equity, collaboration, and results.
How Building Changes Works
Building Changes works collaboratively with nonprofits, government, and philanthropy to advance proven
strategies that hold the promise of ending homelessness. Building Changes provides capacity building,
funding, and policy guidance so its partners can do the best work possible. Building Changes' primary
activities are:
Building the capacity of front-line providers and government agencies so they have the knowledge
and skills they need to improve and sustain their programs.
Demonstrating impact through data collection and evaluation.
Providing grants for promising programs and proven solutions to homelessness.
Targeting policy changes that strengthen the approach of collaborative partners to ending
homelessness.
Building Changes' Approach
Building Changes acts as a "compassionate engineer," designing and implementing a better system to end
homelessness. If Building Changes can change the systems that serve the homeless, it can help
communities make more efficient use of their resources - and ultimately, transform lives. Building Changes
applies and tests the following proven and promising strategies:
Economic Opportunities - Promote long-term stability by collaborating with workforce systems and
incorporating educational and employment programs and services into housing.
Rapid Re-Housing - Quickly move people into housing; provide short-term rental assistance, case
management, and employment assistance.
Evaluation - Collect data and evaluate the impact of these approaches to continually improve the
work of communities.
Prevention - Keep families and individuals from falling into homelessness by coordinating efforts
among housing, education, child welfare, health care, social services, and government.
Coordinated Entry - Improve and streamline access to housing and services into one entry point to
quickly meet the specific needs of people experiencing homelessness.
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Tailored Programs and Services - Meet the varying service and housing needs of families and individuals
by delivering a customized level of service at the right time.
Notable Accomplishments for 2014
Coordinated entry is now fully underway in King, Pierce and Snohomish counties. It is helping to
streamline access, assessment, and referral processes for housing and other services across agencies in the
community. All three counties have a better sense of the scope of homelessness and are beginning to
use data to refine their systems and address emerging needs. New data is showing that coordinated
entry has simplified access for families, that many homeless families are ready and able to work and that
the majority of families have many strengths, including recent home ownership or lease, no previous
evictions, recent positive work history, and a high school diploma or higher.
Building Changes played a significant role in implementing Rapid Re-Housing in King County and
throughout Washington State in 2014. This model quickly moves homeless families into permanent
housing using short-term rental assistance, case management, and individualized employment services.
Under a contract with the Washington State Department of Commerce, Building Changes provided
technical assistance to all 39 Washington counties to support effective Rapid Re-housing implementation.
The Washington State Department of Commerce adopted Rapid Re-Housing as an essential tool for
ending family homelessness, making it one of three programs that serves low income families who are
homeless or at risk of homelessness.
Diversion is a new model that engages homeless families as early as possible, moves them from the street
to their own housing, and avoids costly interventions, while freeing up limited shelter beds. The goal is to
serve more families with quick and flexible interventions and the results are encouraging. In 2014,
125 King County families avoided homelessness thanks to a diversion pilot program that provides
recipients the assistance they need. Families received small stipends to rent housing in the private
market, or financial help such as funds for car repair so a parent can keep his or her job. Building
Changes believes this solution can work for many families, while reserving shelter for families who have no
other options.
Building Changes provided training and technical assistance to implement the $6 million Washington State
Department of Labor's Workforce Innovations Fund grant to expand and replicate the Housing and
Employment Navigator model developed in 2010 by Building Changes and its partners. By 2016, this
project will engage 720 homeless families served by housing programs in four Washington counties
(Pierce, Whatcom, Skagit, and Yakima).
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In 2014, Building Changes continued its work to improve the connection between housing and
Healthcare. Building Changes hired a Senior Manager to manage its healthcare initiatives and build
stronger relationships with healthcare organizations. Building Changes' Executive Director Alice Shobe
became the official housing representative on the Washington State-level Behavioral Health Steering
Committee ("the Committee") convened by Washington State's Department of Social & Health Services.
As charged by two recently enacted laws, Senate Bill 5732 and House Bill 1519, the Committee was created
in early 2014 to support the Washington State Health Care Innovation Plan to develop performance
measures in seven areas, including increases in housing stability for people who receive behavioral health
treatments. Building Changes recruited homeless/housing representatives to the Committee's work
groups and convened them to exchange information and ensure broad input in defining housing stability.
During the 2014 legislative session, the work groups participated in weekly phone calls with the
Governor's policy office and other healthcare advocates to ensure housing stability was included in
healthcare bills. Three healthcare bills included significant opportunities for housing and healthcare
cooperation to improve services for people experiencing homelessness, including funding for a pilot
supportive housing program for people exiting behavioral health facilities.
During 2014, Building Changes deepened its racial equity work to address disparities and
disproportionality among families at risk for homelessness. Building Changes' Racial Equity Framework
was finalized in 2014 and articulates the vision of its racial equity work as a primary lens through which it
conducts its work, both internally as part of its organizational culture and externally as reflected
throughout all of its activities, collaborations, and results. Building Changes believes its intentional focus
on building skills among staff on reducing racial disproportionality across its work will lead to
population-level impacts in its work as well. The Racial Equity Framework is now being used to inform
and guide all of Building Changes' work, including grantmaking, capacity building, policy, and evaluation.
Building Changes is leading the Leadership in Action Program, a nine-month Results-Based Leadership
model, in Pierce County. This unique model, developed by the Annie E. Casey Foundation, builds the
capacity of a diverse group of cross-sector community leaders to accelerate measurable improvements in
the well-being of families, children, and communities in the Pierce community. The Pierce County
Leadership in Action Program is the first such offering in Washington State. It launched in
September 2014 with 36 leaders representing more than 30 organizations, and met three times in 2014.
Through the Washington Youth and Families Fund (formerly Washington Families Fund), a successful
public-private partnership, Building Changes made grants in King, Pierce and Snohomish counties to drive
fundamental, systemic changes to the way that homeless families receive support. These private grants
are matched 2.5 to 1 with realigned public funding, to ensure sustainability and increase the impact and
pace of change. Since the fund launched in 2004, Washington State has allocated $17 million to the
Washington Youth and Families Fund, which has leveraged $38.5 million in investments from 25 different
private funders.
In 2014, Building Changes granted $5,173,554 to 37 nonprofits. These grants supported employment,
rapid re-housing, coordinated entry, and other changes to the systems that support homeless families.
Along with funding, Building Changes provides grantees ongoing support in the form of capacity building,
technical assistance, and evaluation.
2014 marked the 10th anniversary of the Washington Youth and Families Fund, which is dedicated to
reducing and ending youth and family homelessness statewide. Building Changes celebrated
Washington Youth and Families Fund's achievements in December, when Governor Inslee and other
Washington State philanthropic and private sector leaders signed a new memorandum of understanding
pledging to make youth, young adult, and family homelessness in Washington a rare, brief, and one-time
occurrence by 2020.
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Note 2. Significant Accounting Policies
Financial Statement Presentation
Building Changes reports information regarding its financial position and activities according to
three classes of net assets: unrestricted net assets, temporarily restricted net assets, and permanently
restricted net assets. Building Changes has no permanently restricted net assets, so this class of net
assets is not shown on the financial statements.
Temporarily Restricted Net Assets
Temporarily restricted net assets consist of unexpended contributions or grants restricted for particular
purposes or time periods. Temporarily restricted net assets are transferred to unrestricted net assets as
expenditures are incurred for the restricted purpose, or as time restrictions expire. Temporarily restricted
net assets at December 31 consist of:
2014 2013
Washington Families Fund expansion 7,333,538$ 4,295,376$
Washington Families Fund service grantmaking 1,401,433 2,048,510
Contributions restricted for time 327,914 130,000
Youth homelessness 238,990 62,454
WFF high level services evaluation 232,333 267,163
Business planning 225,000
Economic opportunities 206,135 194,258
Healthcare 150,000
Racial disproportionality in homelessness 70,787 146,302
Other 41,695
10,227,825$ 7,144,063$
Unrestricted Net Assets
A portion of unrestricted net assets are designated by the Board for an Innovation Fund, which is intended
to be used to fund new program opportunities.
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the
United States requires management to make estimates and assumptions that affect certain reported
amounts and disclosures. Actual results could differ from the estimated amounts.
Cash and Cash Equivalents
Cash and cash equivalents consist of checking, savings, and money market accounts. Cash balances held
in investment accounts are included with investments in the statements of financial position.
Building Changes occasionally has amounts deposited with financial institutions in excess of federally
insured limits.
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Restricted Cash
Restricted cash is not available for general operating purposes and is restricted by donors to be used to
fund grants under the Washington Youth and Family Fund program.
Investments
Investments are reported at their fair values (using Level 1 inputs of the fair value hierarchy, which are
quoted market prices in active markets for identical assets) in the statements of financial position.
Unrealized gains and losses are included in the change in net assets.
Accounts and Grants Receivable
Accounts and grants receivable are due primarily from the Washington State Department of Commerce.
Management provides for probable uncollectible amounts through a charge to expense and a credit to a
valuation allowance based on its assessment of the current status of individual accounts. Balances still
outstanding after management has used reasonable collection efforts are written off through a charge to
the valuation allowance and a credit to the receivable account. Management determined that no
allowance was necessary at December 31, 2014 and 2013. Accounts and grants receivable expected to be
collected after one year from the statement of financial position date are presented as long-term in the
accompanying financial statements.
Promises to Give
Promises to give consist of contributions pledged but not yet received from individuals, foundations, and
corporations. Promises to give that are expected to be collected within one year are recorded at net
realizable value. Promises to give expected to be collected in future years are initially recorded at fair
value, which is measured as the present value of the expected future cash flows. The discount on those
amounts is computed using a risk adjusted interest rate which is applicable to the year in which the award
was received (using Level 3 inputs of the fair value hierarchy, which are unobservable inputs developed by
Building Changes). Of the total promises to give, 74% and 81% were due from one foundation as of
December 31, 2014 and 2013, respectively. Management determined that no allowance was necessary at
December 31, 2014 and 2013.
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Property and Equipment
Property and equipment are recorded at cost or, if donated, at fair value at date of receipt. Building
Changes capitalizes all expenditures for property and equipment with a useful life greater than one year
and a cost in excess of its capitalization threshold of $5,000. Depreciation expense is provided for using
the straight-line method over the assets' estimated useful lives. Depreciation expense for leasehold
improvements is recorded over the shorter of the useful life or the lease term using the straight-line
method. Property and equipment consists of the following at December 31:
2014 2013
Leasehold improvements 143,739$ 143,739$
Furniture and equipment 134,707 353,777
278,446 497,516
Accumulated depreciation (278,446) (491,053)
-$ 6,463$
Grants Payable
Grants payable consist of unconditional promises to pay grants to others. Grants payable are recognized
as expense, and the related liability recognized, at fair value in the period grants are awarded or paid. In
general, grants are payable over three years. In some instances, grants are payable in more than
three years and are recognized in the period it becomes probable that the grants will be paid. Fair value
is measured as the present value of the expected future cash flows. The discount on those amounts is
computed using a risk adjusted interest rate which is applicable to the year in which the award was made
(using Level 3 inputs of the fair value hierarchy, which are unobservable inputs developed by
Building Changes).
Revenue Recognition
Contributions: Unconditional promises to give are recognized as unrestricted, temporarily restricted, or
permanently restricted support depending on the existence and/or nature of any donor restrictions at fair
value during the period a cash gift or non-cash gift is received or pledged.
Government grants: Revenue related to governmental grants and contracts is recognized when grants
payable to others have been awarded or paid.
Technical assistance service fees: Technical assistance service fees represent fees for training and
consulting services, and are recognized as the services are provided.
One foundation and the Washington State Department of Commerce accounted for 60% and 23%,
respectively, of total support and revenue for 2014. One foundation and the Washington State
Department of Commerce accounted for 84% and 9%, respectively, of total support and revenue for 2013.
Functional Allocation of Expenses
The costs of providing the various programs and other activities have been summarized on a functional
basis in the statements of activity and statements of functional expenses. Accordingly, certain costs have
been allocated between the program and supporting services benefited.
BC Finance & Audit Committee Packet Pg. 17 of 77
14 091665fs123114 Revised: 4/7/2015 8:37 AM mcp
Income Taxes
Building Changes is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue
Code, and its federal returns are open to review by federal taxing authorities for the last three years.
Reclassifications
Certain balances have been reclassified in the 2013 financial statements in order to conform to current
year presentation. These reclassifications had no effect on net assets or the change in net assets as of or
for the year ended December 31, 2013.
Subsequent Events
Building Changes has evaluated subsequent events through the date these financial statements were
available to be issued, which is the same date as the independent auditors' report.
Note 3. Investments
Investments consist of the following at December 31:
2014 2013
Cash and cash equivalents 143,484$ 309,722$
Fixed income securities
Government mortgage backed securities 948,125 1,054,838
Corporate bonds 878,349 1,019,437
Treasury notes 519,646 664,210
2,489,604$ 3,048,207$
Investment income was composed of:
2014 2013
Realized and unrealized losses (32,903)$ (53,008)$
Interest income 78,827 79,295
45,924$ 26,287$
BC Finance & Audit Committee Packet Pg. 18 of 77
15 091665fs123114 Revised: 4/7/2015 8:37 AM mcp
Note 4. Promises to Give
Promises to give were due as follows as of December 31:
2014 2013
Receivable in less than one year 2,373,651$ 2,843,807$
Receivable in one to five years 1,320,000 10,000
3,693,651 2,853,807
Unamortized discount (2%) (26,075) (291)
3,667,576$ 2,853,516$
Included in the statements of financial position as follows:
2014 2013
Promises to give - current portion 2,373,651$ 2,843,807$
Promises to give - long-term portion 1,293,925 9,709
3,667,576$ 2,853,516$
Note 5. Grants Payable
Grants are payable as follows at December 31:
2014 2013
Payable in less than one year 5,524,839$ 6,915,780$
Payable in one to five years 3,005,388 3,639,526
8,530,227 10,555,306
Unamortized discount (1.5% - 2%) (68,074) (63,606)
8,462,153$ 10,491,700$
Included in the statements of financial position as follows:
2014 2013
Grants payable - current portion 5,524,839$ 6,915,780$
Grants payable - long-term portion 2,937,314 3,575,920
8,462,153$ 10,491,700$
BC Finance & Audit Committee Packet Pg. 19 of 77
16 091665fs123114 Revised: 4/7/2015 8:37 AM mcp
Note 6. Line of Credit
Building Changes has a $200,000 line of credit agreement with a bank, collateralized by all of its assets,
which is renewable on July 9, 2015. Interest is payable monthly at LIBOR plus 4.095% (resulting in a rate
of 4.18% at December 31, 2014). There was no outstanding balance under this agreement at
December 31, 2014 or 2013.
Note 7. Operating Leases
Building Changes leases office space and certain equipment under operating leases. The term of the
office space lease expires on August 31, 2015. On January 15, 2015, Building Changes executed a lease
for new office space with an initial 60 month term beginning August 2015 and ending August 2020. Rent
expense under these operating leases amounted to $170,147 and $172,707 for the years ended
December 31, 2014 and 2013, respectively. Future minimum payments under the leases are as follows for
the years ending December 31:
2015 107,946$
2016 64,530
2017 57,984
2018 59,712
2019 61,501
Thereafter 41,823
393,496$
Note 8. Retirement Plan
Building Changes participates in a defined-contribution tax-sheltered 403(b) annuity plan covering
substantially all permanent employees upon commencement of employment. Employees are eligible to
receive employer contributions after one year of service. Employer contributions are a minimum of 3% of
eligible employees' annual compensation. Total expense related to contributions to the plan were
$40,924 and $36,428 for the years ended December 31, 2014 and 2013, respectively. Building Changes
also sponsors a tax-deferred annuity plan to which employees may make voluntary contributions.
BC Finance & Audit Committee Packet Pg. 20 of 77
17
INDEPENDENT AUDITORS' REPORT ON INTERNAL CONTROL OVER FINANCIAL
REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT
OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT
AUDITING STANDARDS
To the Board of Directors
Building Changes
Seattle, Washington
We have audited, in accordance with the auditing standards generally accepted in the United States and
the standards applicable to financial audits contained in Government Auditing Standards issued by the
Comptroller General of the United States, the financial statements of Building Changes, which comprise
the statement of financial position as of December 31, 2014, and the related statements of activities,
functional expenses, and cash flows for the year then ended, and the related notes to the financial
statements, and have issued our report thereon dated __________________.
Internal Control over Financial Reporting
In planning and performing our audit of the financial statements, we considered Building Changes' internal
control over financial reporting (internal control) to determine the audit procedures that are appropriate in
the circumstances for the purpose of expressing our opinion on the financial statements, but not for the
purpose of expressing an opinion on the effectiveness of Building Changes' internal control. Accordingly,
we do not express an opinion on the effectiveness of the Building Changes' internal control.
A deficiency in internal control exists when the design or operation of a control does not allow
management or employees, in the normal course of performing their assigned functions, to prevent, or
detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a
combination of deficiencies, in internal control, such that there is a reasonable possibility that a material
misstatement of the entity's financial statements will not be prevented, or detected and corrected on a
timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control
that is less severe than a material weakness, yet important enough to merit attention by those charged
with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this
section and was not designed to identify all deficiencies in internal control that might be material
weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any
deficiencies in internal control that we consider to be material weaknesses. However, material
weaknesses may exist that have not been identified.
BC Finance & Audit Committee Packet Pg. 21 of 77
18
Compliance and Other Matters
As part of obtaining reasonable assurance about whether Building Changes' financial statements are free
from material misstatement, we performed tests of its compliance with certain provisions of Jaws,
regulations, contracts, and grant agreements, noncompliance with which could have a direct and material
effect on the determination of financial statement amounts. However, providing an opinion on
compliance with those provisions was not an objective of our audit, and accordingly, we do not express
such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that
are required to be reported under Government Auditing Standards.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance
and the results of that testing, and not to provide an opinion on the effectiveness of the
Building Changes' internal control or on compliance. This report is an integral part of an audit performed
in accordance with Government Auditing Standards in considering the Building Changes' internal control
and compliance. Accordingly, this communication is not suitable for any other purpose.
____________________________
BC Finance & Audit Committee Packet Pg. 22 of 77
Resolution 15-07 Accept Annual Audit
WHEREAS, Article VIII, Section 8.07 of the Bylaws of Building Changes requires an annual independent audit of its financial statements; and WHEREAS, the audit has been completed by the auditor Peterson & Sullivan, PLLC, reviewed by the Finance and Audit Committee on 4/15/2015 and recommended to the Board of Directors for adoption; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of Building Changes that the audit of the combined financial statements of Building Changes for the year ended December 31, 2014, is hereby adopted. Attested, ______________________________
Barbara Dingfield, Secretary
(as an agent of the board) April 24, 2014
BC Finance & Audit Committee Packet Pg. 23 of 77
DR
AFT
Checkifself-employed
OMB No. 1545-0047
Department of the TreasuryInternal Revenue Service
Check ifapplicable:
AddresschangeNamechangeInitialreturn
Finalreturn/termin-ated Gross receipts $
AmendedreturnApplica-tionpending
Are all subordinates included?
432001 11-07-14
| Do not enter social security numbers on this form as it may be made public.
Beginning of Current Year
Paid
Preparer
Use Only
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
Open to Public Inspection| Information about Form 990 and its instructions is at
A For the 2014 calendar year, or tax year beginning and ending
B C D Employer identification number
E
G
H(a)
H(b)
H(c)
F Yes No
Yes No
I
J
K
Website: |
L M
1
2
3
4
5
6
7
3
4
5
6
7a
7b
a
b
Ac
tivi
tie
s &
Go
vern
an
ce
Prior Year Current Year
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Re
ven
ue
a
b
Ex
pe
ns
es
End of Year
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Sign
Here
Yes No
For Paperwork Reduction Act Notice, see the separate instructions.
(or P.O. box if mail is not delivered to street address) Room/suite
)501(c)(3) 501(c) ( (insert no.) 4947(a)(1) or 527
|Corporation Trust Association OtherForm of organization: Year of formation: State of legal domicile:
|
|
Net
Ass
ets
orFu
nd B
alan
ces
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is
true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Signature of officer Date
Type or print name and title
Date PTINPrint/Type preparer's name Preparer's signature
Firm's name Firm's EIN
Firm's address
Phone no.
Form
Name of organization
Doing business as
Number and street Telephone number
City or town, state or province, country, and ZIP or foreign postal code
Is this a group return
for subordinates?Name and address of principal officer: ~~
If "No," attach a list. (see instructions)
Group exemption number |
Tax-exempt status:
Briefly describe the organization's mission or most significant activities:
Check this box if the organization discontinued its operations or disposed of more than 25% of its net assets.
Number of voting members of the governing body (Part VI, line 1a)
Number of independent voting members of the governing body (Part VI, line 1b)
Total number of individuals employed in calendar year 2014 (Part V, line 2a)
~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~
Total number of volunteers (estimate if necessary)
Total unrelated business revenue from Part VIII, column (C), line 12
Net unrelated business taxable income from Form 990-T, line 34
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~
����������������������
Contributions and grants (Part VIII, line 1h) ~~~~~~~~~~~~~~~~~~~~~
Program service revenue (Part VIII, line 2g) ~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~Investment income (Part VIII, column (A), lines 3, 4, and 7d)
Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) ~~~~~~~~
Total revenue - add lines 8 through 11 (must equal Part VIII, column (A), line 12) ���
Grants and similar amounts paid (Part IX, column (A), lines 1-3)
Benefits paid to or for members (Part IX, column (A), line 4)
Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10)
~~~~~~~~~~~
~~~~~~~~~~~~~
~~~
Professional fundraising fees (Part IX, column (A), line 11e)
Total fundraising expenses (Part IX, column (D), line 25)
~~~~~~~~~~~~~~
Other expenses (Part IX, column (A), lines 11a-11d, 11f-24e)
Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25)
Revenue less expenses. Subtract line 18 from line 12
~~~~~~~~~~~~~
~~~~~~~
����������������
Total assets (Part X, line 16)
Total liabilities (Part X, line 26)
Net assets or fund balances. Subtract line 21 from line 20
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~
��������������
May the IRS discuss this return with the preparer shown above? (see instructions) ���������������������
LHA Form (2014)
www.irs.gov/form990.
Part I Summary
Signature BlockPart II
990
Return of Organization Exempt From Income Tax990 2014
§
==
999
BUILDING CHANGES91-1410450
2014 EAST MADISON STREET 200 (206)805-610012,452,350.
SEATTLE, WA 98122ALICE SHOBE X
SAME AS C ABOVEX
WWW.BUILDINGCHANGES.ORGX 1988 WA
ENDING HOMELESSNESS INWASHINGTON STATE
151534180.0.
8,854,977. 11,183,167.23,156. 213,997.
115,785. 74,027.73. 2,300.
8,993,991. 11,473,491.6,242,780. 5,173,554.
0. 0.1,944,189. 2,151,255.
0. 49,500.259,079.
1,061,778. 1,193,249.9,248,747. 8,567,558.-254,756. 2,905,933.
19,782,548. 20,659,727.10,680,393. 8,682,042.9,102,155. 11,977,685.
ALICE SHOBE, EXECUTIVE DIRECTOR
RAYMON G. HOLMDAHL RAYMON G. HOLMDAHL 04/07/15 P00120599PETERSON SULLIVAN LLP, CPA'S 91-0605875601 UNION ST, STE 2300SEATTLE, WA 98101-2345 2063827777
X
BC Finance & Audit Committee Packet Pg. 24 of 77
DR
AFT
Code: Expenses $ including grants of $ Revenue $
Code: Expenses $ including grants of $ Revenue $
Code: Expenses $ including grants of $ Revenue $
Expenses $ including grants of $ Revenue $
43200211-07-14
1
2
3
4
Yes No
Yes No
4a
4b
4c
4d
4e
Form 990 (2014) Page
Check if Schedule O contains a response or note to any line in this Part III ����������������������������
Briefly describe the organization's mission:
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ?
If "Yes," describe these new services on Schedule O.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization cease conducting, or make significant changes in how it conducts, any program services?
If "Yes," describe these changes on Schedule O.
~~~~~~
Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses.
Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and
revenue, if any, for each program service reported.
( ) ( ) ( )
( ) ( ) ( )
( ) ( ) ( )
Other program services (Describe in Schedule O.)
( ) ( )
Total program service expenses |
Form (2014)
2Statement of Program Service AccomplishmentsPart III
990
BUILDING CHANGES 91-1410450
X
BUILDING CHANGES BELIEVES EVERYONE DESERVES THE OPPORTUNITY FOR AHOME, HEALTHY LIFE AND A GOOD JOB. WE UNITE PUBLIC AND PRIVATEPARTNERS TO CREATE INNOVATIVE SOLUTIONS THROUGH EXPERT ADVICE,GRANTMAKING, AND ADVOCATING FOR LASTING CHANGE.
X
X
6,056,313. 5,173,554.GRANTMAKING & EVALUATION - WE LEAD THE WASHINGTON FAMILIES FUND (WFF)WHICH IDENTIFIES, FUNDS, AND EVALUATES INNOVATIVE PROGRAMS THAT PREVENTAND END HOMELESSNESS. CREATED IN 2004 BY THE WASHINGTON STATELEGISLATURE, WFF FUNDS MODEL PROGRAMS AND INNOVATIVE STRATEGIES THATADDRESS THE PROBLEMS OF HOMELESSNESS BOTH AT A SYSTEM AND FAMILY LEVEL.IN 2014, WITH FUNDING FROM 25 PUBLIC AND PRIVATE PARTNERS, WE GRANTEDFUNDS TO 35 ORGANIZATIONS THROUGHOUT WASHINGTON STATE.
1,288,869.CAPACITY BUILDING - WE GIVE WASHINGTON COMMUNITIES THE RIGHT TOOLS ANDKNOWLEDGE TO PREVENT AND END HOMELESSNESS. WE HELP COMMUNITIES TO MAKEIMPORTANT SHIFTS NOW - CHANGES THAT HELP PEOPLE IMMEDIATELY - WHILE WETACKLE FUNDAMENTAL CHANGE OVER THE LONGER TERM. WE TRAIN AND BUILD THECAPACITY OF FRONTLINE HOMELESSNESS PROVIDERS, FUNDERS AND GOVERNMENTAGENCIES SO THEY CAN USE LIMITED RESOURCES MORE EFFICIENTLY, LEARN FROMDATA AND PROMISING PRACTICES AROUND THE COUNTRY, AND ADOPT NEW WAYS TODELIVER SERVICES THAT LEAD TO BETTER OUTCOMES FOR FAMILIES.
232,169.POLICY AND ADVOCACY - OUR POLICY EFFORTS FOCUS ON REGULATORY ANDLEGISLATIVE CHANGES THAT PREVENT, REDUCE AND MITIGATE THE IMPACT OFHOMELESSNESS IN WASHINGTON STATE. WE WORK ACROSS SYSTEMS WITH PARTNERSIN CHILD WELFARE, EMPLOYMENT AND EDUCATION TO IDENTIFY KEY POLICYINITIATIVE, PURSUE FIXES AND INFLUENCE LONG-TERM POLICY AGENDAS THATRESULT IN MORE EFFICIENT HOMELESS AND HOUSING SYSTEMS - AND REDUCE THEBARRIERS THAT HOMELESS FAMILIES FACE WHEN THEY SEEK HELP.
160,494. 213,997.7,737,845.
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 2
BC Finance & Audit Committee Packet Pg. 25 of 77
DR
AFT
43200311-07-14
Yes No
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
1
2
3
4
5
6
7
8
9
10
Section 501(c)(3) organizations.
a
b
c
d
e
f
a
b
11a
11b
11c
11d
11e
11f
12a
12b
13
14a
14b
15
16
17
18
19
20a
20b
a
b
a
b
If "Yes," complete Schedule ASchedule B, Schedule of Contributors
If "Yes," complete Schedule C, Part I
If "Yes," complete Schedule C, Part II
If "Yes," complete Schedule C, Part III
If "Yes," complete Schedule D, Part I
If "Yes," complete Schedule D, Part IIIf "Yes," complete
Schedule D, Part III
If "Yes," complete Schedule D, Part IV
If "Yes," complete Schedule D, Part V
If "Yes," complete Schedule D,Part VI
If "Yes," complete Schedule D, Part VII
If "Yes," complete Schedule D, Part VIII
If "Yes," complete Schedule D, Part IXIf "Yes," complete Schedule D, Part X
If "Yes," complete Schedule D, Part XIf "Yes," complete
Schedule D, Parts XI and XII
If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optionalIf "Yes," complete Schedule E
If "Yes," complete Schedule F, Parts I and IV
If "Yes," complete Schedule F, Parts II and IV
If "Yes," complete Schedule F, Parts III and IV
If "Yes," complete Schedule G, Part I
If "Yes," complete Schedule G, Part IIIf "Yes,"
complete Schedule G, Part IIIIf "Yes," complete Schedule H
Form 990 (2014) Page
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Is the organization required to complete ?
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for
public office?
~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization engage in lobbying activities, or have a section 501(h) election in effect
during the tax year?
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or
similar amounts as defined in Revenue Procedure 98-19?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to
provide advice on the distribution or investment of amounts in such funds or accounts?
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures?
Did the organization maintain collections of works of art, historical treasures, or other similar assets?
~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report an amount in Part X, line 21, for escrow or custodial account liability; serve as a custodian for
amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent
endowments, or quasi-endowments?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~
If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X
as applicable.
Did the organization report an amount for land, buildings, and equipment in Part X, line 10?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report an amount for investments - other securities in Part X, line 12 that is 5% or more of its total
assets reported in Part X, line 16?
Did the organization report an amount for investments - program related in Part X, line 13 that is 5% or more of its total
assets reported in Part X, line 16?
~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in
Part X, line 16?
Did the organization report an amount for other liabilities in Part X, line 25?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses
the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?
Did the organization obtain separate, independent audited financial statements for the tax year?
~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Was the organization included in consolidated, independent audited financial statements for the tax year?
~~~~~
Is the organization a school described in section 170(b)(1)(A)(ii)?
Did the organization maintain an office, employees, or agents outside of the United States?
~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business,
investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000
or more? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any
foreign organization?
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to
or for foreign individuals?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX,
column (A), lines 6 and 11e? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines
1c and 8a? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a?
Did the organization operate one or more hospital facilities?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? ����������
Form (2014)
3Part IV Checklist of Required Schedules
990
BUILDING CHANGES 91-1410450
XX
X
X
X
X
X
X
X
X
X
X
X
XX
X
X
XXX
X
X
X
X
X
XX
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 3
BC Finance & Audit Committee Packet Pg. 26 of 77
DR
AFT
43200411-07-14
Yes No
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
21
22
23
24a
24b
24c
24d
25a
25b
26
27
28a
28b
28c
29
30
31
32
33
34
35a
35b
36
37
38
a
b
c
d
a
b
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations.
a
b
c
a
b
Section 501(c)(3) organizations.
Note.
(continued)
If "Yes," complete Schedule I, Parts I and II
If "Yes," complete Schedule I, Parts I and III
If "Yes," completeSchedule J
If "Yes," answer lines 24b through 24d and completeSchedule K. If "No", go to line 25a
If "Yes," complete Schedule L, Part I
If "Yes," completeSchedule L, Part I
If "Yes,"complete Schedule L, Part II
If "Yes," complete Schedule L, Part III
If "Yes," complete Schedule L, Part IVIf "Yes," complete Schedule L, Part IV
If "Yes," complete Schedule L, Part IVIf "Yes," complete Schedule M
If "Yes," complete Schedule M
If "Yes," complete Schedule N, Part IIf "Yes," complete
Schedule N, Part II
If "Yes," complete Schedule R, Part IIf "Yes," complete Schedule R, Part II, III, or IV, and
Part V, line 1
If "Yes," complete Schedule R, Part V, line 2
If "Yes," complete Schedule R, Part V, line 2
If "Yes," complete Schedule R, Part VI
Form 990 (2014) Page
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or
domestic government on Part IX, column (A), line 1? ~~~~~~~~~~~~~~
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on
Part IX, column (A), line 2? ~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current
and former officers, directors, trustees, key employees, and highest compensated employees?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the
last day of the year, that was issued after December 31, 2002?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease
any tax-exempt bonds?
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?
~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~
Did the organization engage in an excess benefit
transaction with a disqualified person during the year?
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and
that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?
~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or
former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial
contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member
of any of these persons? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV
instructions for applicable filing thresholds, conditions, and exceptions):
A current or former officer, director, trustee, or key employee? ~~~~~~~~~~~
A family member of a current or former officer, director, trustee, or key employee?
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer,
director, trustee, or direct or indirect owner?
~~
~~~~~~~~~~~~~~~~~~~~~
Did the organization receive more than $25,000 in non-cash contributions?
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation
contributions?
~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization liquidate, terminate, or dissolve and cease operations?
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations
sections 301.7701-2 and 301.7701-3?
Was the organization related to any tax-exempt or taxable entity?
~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
If "Yes" to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity
within the meaning of section 512(b)(13)?
~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~
Did the organization make any transfers to an exempt non-charitable related organization?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization conduct more than 5% of its activities through an entity that is not a related organization
and that is treated as a partnership for federal income tax purposes? ~~~~~~~~
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19?
All Form 990 filers are required to complete Schedule O �������������������������������
Form (2014)
4Part IV Checklist of Required Schedules
990
BUILDING CHANGES 91-1410450
X
X
X
X
X
X
X
X
XX
XX
X
X
X
X
XX
X
X
X
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 4
BC Finance & Audit Committee Packet Pg. 27 of 77
DR
AFT
43200511-07-14
Yes No
1
2
3
4
5
6
7
a
b
c
1a
1b
1c
a
b
2a
Note.
2b
3a
3b
4a
5a
5b
5c
6a
6b
7a
7b
7c
7e
7f
7g
7h
8
9a
9b
a
b
a
b
a
b
c
a
b
Organizations that may receive deductible contributions under section 170(c).
a
b
c
d
e
f
g
h
7d
8
9
10
11
12
13
14
Sponsoring organizations maintaining donor advised funds.
Sponsoring organizations maintaining donor advised funds.
a
b
Section 501(c)(7) organizations.
a
b
10a
10b
Section 501(c)(12) organizations.
a
b
11a
11b
a
b
Section 4947(a)(1) non-exempt charitable trusts. 12a
12b
Section 501(c)(29) qualified nonprofit health insurance issuers.
Note.
a
b
c
a
b
13a
13b
13c
14a
14b
e-file
If "No," to line 3b, provide an explanation in Schedule O
If "No," provide an explanation in Schedule O
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?
Form (2014)
Form 990 (2014) Page
Check if Schedule O contains a response or note to any line in this Part V ���������������������������
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable ~~~~~~~~~~~
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable ~~~~~~~~~~
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming
(gambling) winnings to prize winners? �������������������������������������������
Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements,
filed for the calendar year ending with or within the year covered by this return ~~~~~~~~~~
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
If the sum of lines 1a and 2a is greater than 250, you may be required to (see instructions)
~~~~~~~~~~
~~~~~~~~~~~
Did the organization have unrelated business gross income of $1,000 or more during the year?
If "Yes," has it filed a Form 990-T for this year?
~~~~~~~~~~~~~~
~~~~~~~~~~
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a
financial account in a foreign country (such as a bank account, securities account, or other financial account)?~~~~~~~
If "Yes," enter the name of the foreign country:
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
~~~~~~~~~~~~
~~~~~~~~~
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit
any contributions that were not tax deductible as charitable contributions?
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts
were not tax deductible?
~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
If "Yes," did the organization notify the donor of the value of the goods or services provided?
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required
to file Form 8282?
~~~~~~~~~~~~~~~
����������������������������������������������������
If "Yes," indicate the number of Forms 8282 filed during the year
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
~~~~~~~~~~~~~~~~
~~~~~~~
~~~~~~~~~Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?
~
Did a donor advised fund maintained by the
sponsoring organization have excess business holdings at any time during the year? ~~~~~~~~~~~~~~~~~~~
Did the sponsoring organization make any taxable distributions under section 4966?
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?
~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~
Enter:
Initiation fees and capital contributions included on Part VIII, line 12
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
~~~~~~~~~~~~~~~
~~~~~~
Enter:
Gross income from members or shareholders
Gross income from other sources (Do not net amounts due or paid to other sources against
amounts due or received from them.)
~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Is the organization filing Form 990 in lieu of Form 1041?
If "Yes," enter the amount of tax-exempt interest received or accrued during the year ������
Is the organization licensed to issue qualified health plans in more than one state?
See the instructions for additional information the organization must report on Schedule O.
~~~~~~~~~~~~~~~~~~~~~
Enter the amount of reserves the organization is required to maintain by the states in which the
organization is licensed to issue qualified health plans
Enter the amount of reserves on hand
~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization receive any payments for indoor tanning services during the tax year?
If "Yes," has it filed a Form 720 to report these payments?
~~~~~~~~~~~~~~~~
����������
5Part V Statements Regarding Other IRS Filings and Tax Compliance
990
J
BUILDING CHANGES 91-1410450
310
X
34X
X
X
XX
X
X
X
XX
X
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 5
BC Finance & Audit Committee Packet Pg. 28 of 77
DR
AFT
432006 11-07-14
Yes No
1a
1b
1
2
3
4
5
6
7
8
9
a
b
2
3
4
5
6
7a
7b
8a
8b
9
a
b
a
b
Yes No
10
11
a
b
10a
10b
11a
12a
12b
12c
13
14
15a
15b
16a
16b
a
b
12a
b
c
13
14
15
a
b
16a
b
17
18
19
20
For each "Yes" response to lines 2 through 7b below, and for a "No" responseto line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
If "Yes," provide the names and addresses in Schedule O(This Section B requests information about policies not required by the Internal Revenue Code.)
If "No," go to line 13
If "Yes," describein Schedule O how this was done
(explain in Schedule O)
If there are material differences in voting rights among members of the governing body, or if the governing
body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts?
Form (2014)
Form 990 (2014) Page
Check if Schedule O contains a response or note to any line in this Part VI ���������������������������
Enter the number of voting members of the governing body at the end of the tax year
Enter the number of voting members included in line 1a, above, who are independent
~~~~~~
~~~~~~
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other
officer, director, trustee, or key employee? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization delegate control over management duties customarily performed by or under the direct supervision
of officers, directors, or trustees, or key employees to a management company or other person? ~~~~~~~~~~~~~~
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
Did the organization become aware during the year of a significant diversion of the organization's assets?
Did the organization have members or stockholders?
~~~~~
~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or
more members of the governing body?
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or
persons other than the governing body?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The governing body?
Each committee with authority to act on behalf of the governing body?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the
organization's mailing address? �����������������
Did the organization have local chapters, branches, or affiliates?
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates,
and branches to ensure their operations are consistent with the organization's exempt purposes?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form?
Describe in Schedule O the process, if any, used by the organization to review this Form 990.
Did the organization have a written conflict of interest policy? ~~~~~~~~~~~~~~~~~~~~
~~~~~~
Did the organization regularly and consistently monitor and enforce compliance with the policy?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization have a written whistleblower policy?
Did the organization have a written document retention and destruction policy?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~
Did the process for determining compensation of the following persons include a review and approval by independent
persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
The organization's CEO, Executive Director, or top management official
Other officers or key employees of the organization
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a
taxable entity during the year? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation
in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization's
exempt status with respect to such arrangements? ������������������������������������
List the states with which a copy of this Form 990 is required to be filed
Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (Section 501(c)(3)s only) available
for public inspection. Indicate how you made these available. Check all that apply.
Own website Another's website Upon request Other
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial
statements available to the public during the tax year.
State the name, address, and telephone number of the person who possesses the organization's books and records: |
6Part VI Governance, Management, and Disclosure
Section A. Governing Body and Management
Section B. Policies
Section C. Disclosure
990
J
BUILDING CHANGES 91-1410450
X
15
15
X
XX
XX
X
X
XX
X
X
X
XX
XXX
XX
X
NONE
X X
ARMILITO J PANGILINAN - (206)805-61002014 EAST MADISON STREET, NO. 200, SEATTLE, WA 98122
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 6
BC Finance & Audit Committee Packet Pg. 29 of 77
DR
AFT
Indi
vidu
al tr
uste
e or
dire
ctor
Inst
itutio
nal t
rust
ee
Offi
cer
Key
empl
oyee
Hig
hest
com
pens
ated
empl
oyee
Form
er
(do not check more than onebox, unless person is both anofficer and a director/trustee)
432007 11-07-14
current
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a
current
current
former
former directors or trustees
(A) (B) (C) (D) (E) (F)
Form 990 (2014) Page
Check if Schedule O contains a response or note to any line in this Part VII ���������������������������
Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization's tax year.
¥ List all of the organization's officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation.Enter -0- in columns (D), (E), and (F) if no compensation was paid.
¥ List all of the organization's key employees, if any. See instructions for definition of "key employee."¥ List the organization's five highest compensated employees (other than an officer, director, trustee, or key employee) who received report-
able compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations.
¥ List all of the organization's officers, key employees, and highest compensated employees who received more than $100,000 ofreportable compensation from the organization and any related organizations.
¥ List all of the organization's that received, in the capacity as a former director or trustee of the organization,more than $10,000 of reportable compensation from the organization and any related organizations.
List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees; and former such persons.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
PositionName and Title Average hours per
week (list any
hours forrelated
organizationsbelowline)
Reportablecompensation
from the
organization(W-2/1099-MISC)
Reportablecompensationfrom related
organizations(W-2/1099-MISC)
Estimatedamount of
othercompensation
from theorganizationand related
organizations
Form (2014)
7Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated
Employees, and Independent Contractors
990
BUILDING CHANGES 91-1410450
(1) MICHAEL BROWN 2.00PRESIDENT X X 0. 0. 0.(2) SHELLY CROCKER 2.00VICE PRESIDENT X X 0. 0. 0.(3) BARBARA DINGFIELD 2.00SECRETARY X X 0. 0. 0.(4) LORI KAISER 2.00TREASURER X X 0. 0. 0.(5) BRIAN ABEEL 1.00DIRECTOR X 0. 0. 0.(6) ERIC BROWN 1.00DIRECTOR X 0. 0. 0.(7) DEBBIE GREIFF 1.00DIRECTOR X 0. 0. 0.(8) BARBARA HERR 2.00DIRECTOR X 0. 0. 0.(9) HELEN HOWELL 1.00DIRECTOR X 0. 0. 0.(10) TRIPP HUNTER 1.00DIRECTOR X 0. 0. 0.(11) AANA LAUCKHART 1.00DIRECTOR X 0. 0. 0.(12) LAURIE LIPPOLD 1.00DIRECTOR X 0. 0. 0.(13) SUMMER SINGLA 1.00DIRECTOR X 0. 0. 0.(14) ROGERS WEED 2.00DIRECTOR X 0. 0. 0.(15) KRISTEN WEST 1.00DIRECTOR X 0. 0. 0.(16) ALICE SHOBE 40.00EXECUTIVE DIRECTOR X 132,223. 0. 11,875.(17) ARMILITO PANGILINAN 40.00CFO X 110,784. 0. 12,990.
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 7
BC Finance & Audit Committee Packet Pg. 30 of 77
DR
AFT
Form
er
Indi
vidu
al tr
uste
e or
dire
ctor
Inst
itutio
nal t
rust
ee
Offi
cer
Hig
hest
com
pens
ated
empl
oyee
Key
empl
oyee
(do not check more than onebox, unless person is both anofficer and a director/trustee)
43200811-07-14
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
(B) (C)(A) (D) (E) (F)
1b
c
d
Sub-total
Total from continuation sheets to Part VII, Section A
Total (add lines 1b and 1c)
2
Yes No
3
4
5
former
3
4
5
Section B. Independent Contractors
1
(A) (B) (C)
2
(continued)
If "Yes," complete Schedule J for such individual
If "Yes," complete Schedule J for such individual
If "Yes," complete Schedule J for such person
Page Form 990 (2014)
PositionAverage hours per
week(list any
hours forrelated
organizationsbelowline)
Name and title Reportablecompensation
from the
organization(W-2/1099-MISC)
Reportablecompensationfrom related
organizations(W-2/1099-MISC)
Estimatedamount of
othercompensation
from theorganizationand related
organizations
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
~~~~~~~~~~ |
������������������������ |
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable
compensation from the organization |
Did the organization list any officer, director, or trustee, key employee, or highest compensated employee on
line 1a? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization
and related organizations greater than $150,000? ~~~~~~~~~~~~~
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services
rendered to the organization? ������������������������
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from
the organization. Report compensation for the calendar year ending with or within the organization's tax year.
Name and business address Description of services Compensation
Total number of independent contractors (including but not limited to those listed above) who received more than
$100,000 of compensation from the organization |
Form (2014)
8Part VII
990
BUILDING CHANGES 91-1410450
243,007. 0. 24,865.0. 0. 0.
243,007. 0. 24,865.
2
X
X
X
WESTATPO BOX 1004, ROCKVILLE, MD 20850 PROGRAM EVALUATION 228,403.
1
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 8
BC Finance & Audit Committee Packet Pg. 31 of 77
DR
AFT
Noncash contributions included in lines 1a-1f: $
43200911-07-14
Total revenue.
(A) (B) (C) (D)
1 a
b
c
d
e
f
g
h
1
1
1
1
1
1
a
b
c
d
e
f
Co
ntr
ibu
tio
ns
, G
ifts
, G
ran
tsa
nd
Oth
er
Sim
ila
r A
mo
un
ts
Total.
Business Code
a
b
c
d
e
f
g
2
Pro
gra
m S
erv
ice
Re
ven
ue
Total.
3
4
5
6 a
b
c
d
a
b
c
d
7
a
b
c
8
a
b
9 a
b
c
a
b
10 a
b
c
a
b
Business Code
11 a
b
c
d
e Total.
Oth
er
Re
ven
ue
12
Revenue excludedfrom tax under
sections512 - 514
All other contributions, gifts, grants, and
similar amounts not included above
See instructions.
Form (2014)
Page Form 990 (2014)
Check if Schedule O contains a response or note to any line in this Part VIII �������������������������
Total revenue Related orexempt function
revenue
Unrelatedbusinessrevenue
Federated campaigns
Membership dues
~~~~~~
~~~~~~~~
Fundraising events
Related organizations
~~~~~~~~
~~~~~~
Government grants (contributions)
~~
Add lines 1a-1f ����������������� |
All other program service revenue ~~~~~
Add lines 2a-2f ����������������� |
Investment income (including dividends, interest, and
other similar amounts)
Income from investment of tax-exempt bond proceeds
~~~~~~~~~~~~~~~~~ |
|
Royalties ����������������������� |
(i) Real (ii) Personal
Gross rents
Less: rental expenses
Rental income or (loss)
Net rental income or (loss)
~~~~~~~
~~~
~~
�������������� |
Gross amount from sales of
assets other than inventory
(i) Securities (ii) Other
Less: cost or other basis
and sales expenses
Gain or (loss)
~~~
~~~~~~~
Net gain or (loss) ������������������� |
Gross income from fundraising events (not
including $ of
contributions reported on line 1c). See
Part IV, line 18 ~~~~~~~~~~~~~
Less: direct expenses~~~~~~~~~~
Net income or (loss) from fundraising events ����� |
Gross income from gaming activities. See
Part IV, line 19 ~~~~~~~~~~~~~
Less: direct expenses
Net income or (loss) from gaming activities
~~~~~~~~~
������ |
Gross sales of inventory, less returns
and allowances ~~~~~~~~~~~~~
Less: cost of goods sold
Net income or (loss) from sales of inventory
~~~~~~~~
������ |
Miscellaneous Revenue
All other revenue ~~~~~~~~~~~~~
Add lines 11a-11d ~~~~~~~~~~~~~~~ |
|�������������
9Part VIII Statement of Revenue
990
BUILDING CHANGES 91-1410450
3,459.
2,731,554.
8,448,154.
11,183,167.
CONSULTING FEES 900099 213,997. 213,997.
213,997.
76,539. 76,539.
976,347.
978,859.-2,512.
-2,512. -2,512.
MISCELLANEOUS 900099 2,300. 2,300.
2,300.11,473,491. 213,997. 0. 76,327.
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 9
BC Finance & Audit Committee Packet Pg. 32 of 77
DR
AFT
Check here if following SOP 98-2 (ASC 958-720)
432010 11-07-14
Total functional expenses.
Joint costs.
(A) (B) (C) (D)
1
2
3
4
5
6
7
8
9
10
11
a
b
c
d
e
f
g
12
13
14
15
16
17
18
19
20
21
22
23
24
a
b
c
d
e
25
26
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).
Grants and other assistance to domestic organizations
and domestic governments. See Part IV, line 21
Compensation not included above, to disqualified
persons (as defined under section 4958(f)(1)) and
persons described in section 4958(c)(3)(B)
Pension plan accruals and contributions (include
section 401(k) and 403(b) employer contributions)
Professional fundraising services. See Part IV, line 17
(If line 11g amount exceeds 10% of line 25,
column (A) amount, list line 11g expenses on Sch O.)
Other expenses. Itemize expenses not covered above. (List miscellaneous expenses in line 24e. If line24e amount exceeds 10% of line 25, column (A)amount, list line 24e expenses on Schedule O.)
Add lines 1 through 24e
Complete this line only if the organization
reported in column (B) joint costs from a combined
educational campaign and fundraising solicitation.
Form 990 (2014) Page
Check if Schedule O contains a response or note to any line in this Part IX ��������������������������
Total expenses Program serviceexpenses
Management andgeneral expenses
Fundraisingexpenses
~
Grants and other assistance to domestic
individuals. See Part IV, line 22 ~~~~~~~
Grants and other assistance to foreign
organizations, foreign governments, and foreign
individuals. See Part IV, lines 15 and 16 ~~~
Benefits paid to or for members ~~~~~~~
Compensation of current officers, directors,
trustees, and key employees ~~~~~~~~
~~~
Other salaries and wages ~~~~~~~~~~
Other employee benefits ~~~~~~~~~~
Payroll taxes ~~~~~~~~~~~~~~~~
Fees for services (non-employees):
Management
Legal
Accounting
Lobbying
~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~
Investment management fees
Other.
~~~~~~~~
Advertising and promotion
Office expenses
Information technology
Royalties
~~~~~~~~~
~~~~~~~~~~~~~~~
~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~
Occupancy ~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~Travel
Payments of travel or entertainment expenses
for any federal, state, or local public officials
Conferences, conventions, and meetings ~~
Interest
Payments to affiliates
~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~
Depreciation, depletion, and amortization
Insurance
~~
~~~~~~~~~~~~~~~~~
~~
All other expenses
|
Form (2014)
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII.
10Part IX Statement of Functional Expenses
990
BUILDING CHANGES 91-1410450
5,173,554. 5,173,554.
267,872. 202,092. 47,482. 18,298.
1,531,640. 1,154,079. 272,356. 105,205.
33,634. 25,685. 5,777. 2,172.145,908. 111,425. 25,059. 9,424.172,201. 131,504. 29,575. 11,122.
6,158. 1,756. 4,382. 20.29,661. 8,430. 21,231.4,050. 4,050.
49,500. 49,500.
578,047. 510,020. 58,530. 9,497.
91,847. 61,407. 24,901. 5,539.
174,784. 134,550. 27,849. 12,385.91,730. 84,068. 7,142. 520.
96,933. 71,357. 7,427. 18,149.
6,463. 4,898. 1,126. 439.
STAFF RECRUIT, DEVELOPM 37,180. 16,679. 18,955. 1,546.MISCELLANEOUS 32,701. 13,440. 10,007. 9,254.PRINTING AND PUBLICATIO 23,262. 14,922. 2,651. 5,689.DUES AND LICENSES 20,433. 13,929. 6,184. 320.
8,567,558. 7,737,845. 570,634. 259,079.
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 10
BC Finance & Audit Committee Packet Pg. 33 of 77
DR
AFT
43201111-07-14
(A) (B)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
1
2
3
4
5
6
7
8
9
10c
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
a
b
10a
10b
As
se
ts
Total assets.
Lia
bil
itie
s
Total liabilities.
Organizations that follow SFAS 117 (ASC 958), check here and
complete lines 27 through 29, and lines 33 and 34.
27
28
29
Organizations that do not follow SFAS 117 (ASC 958), check here
and complete lines 30 through 34.
30
31
32
33
34
Ne
t A
ss
ets
or
Fu
nd
Ba
lan
ce
s
Form 990 (2014) Page
Check if Schedule O contains a response or note to any line in this Part X �����������������������������
Beginning of year End of year
Cash - non-interest-bearing
Savings and temporary cash investments
Pledges and grants receivable, net
~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~
Accounts receivable, net ~~~~~~~~~~~~~~~~~~~~~~~~~~
Loans and other receivables from current and former officers, directors,
trustees, key employees, and highest compensated employees. Complete
Part II of Schedule L ~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Loans and other receivables from other disqualified persons (as defined under
section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing
employers and sponsoring organizations of section 501(c)(9) voluntary
employees' beneficiary organizations (see instr). Complete Part II of Sch L ~~
Notes and loans receivable, net
Inventories for sale or use
Prepaid expenses and deferred charges
~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~
Land, buildings, and equipment: cost or other
basis. Complete Part VI of Schedule D
Less: accumulated depreciation
~~~
~~~~~~
Investments - publicly traded securities
Investments - other securities. See Part IV, line 11
Investments - program-related. See Part IV, line 11
Intangible assets
~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~
~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Other assets. See Part IV, line 11 ~~~~~~~~~~~~~~~~~~~~~~
Add lines 1 through 15 (must equal line 34) ����������
Accounts payable and accrued expenses
Grants payable
Deferred revenue
~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Tax-exempt bond liabilities
Escrow or custodial account liability. Complete Part IV of Schedule D
~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~
Loans and other payables to current and former officers, directors, trustees,
key employees, highest compensated employees, and disqualified persons.
Complete Part II of Schedule L ~~~~~~~~~~~~~~~~~~~~~~~
Secured mortgages and notes payable to unrelated third parties ~~~~~~
Unsecured notes and loans payable to unrelated third parties ~~~~~~~~
Other liabilities (including federal income tax, payables to related third
parties, and other liabilities not included on lines 17-24). Complete Part X of
Schedule D ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Add lines 17 through 25 ������������������
|
Unrestricted net assets
Temporarily restricted net assets
Permanently restricted net assets
~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~
|
Capital stock or trust principal, or current funds
Paid-in or capital surplus, or land, building, or equipment fund
Retained earnings, endowment, accumulated income, or other funds
~~~~~~~~~~~~~~~
~~~~~~~~
~~~~
Total net assets or fund balances ~~~~~~~~~~~~~~~~~~~~~~
Total liabilities and net assets/fund balances ����������������
Form (2014)
11Balance SheetPart X
990
BUILDING CHANGES 91-1410450
202,913. 464,198.13,499,044. 10,719,872.6,030,375. 6,860,886.
43,753. 100,387.
278,446.278,446. 6,463. 0.
2,514,384.
19,782,548. 20,659,727.188,693. 219,889.
10,491,700. 8,462,153.
10,680,393. 8,682,042.X
1,958,092. 1,749,860.7,144,063. 10,227,825.
9,102,155. 11,977,685.19,782,548. 20,659,727.
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 11
BC Finance & Audit Committee Packet Pg. 34 of 77
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43201211-07-14
1
2
3
4
5
6
7
8
9
10
1
2
3
4
5
6
7
8
9
10
Yes No
1
2
3
a
b
c
2a
2b
2c
a
b
3a
3b
Form 990 (2014) Page
Check if Schedule O contains a response or note to any line in this Part XI ���������������������������
Total revenue (must equal Part VIII, column (A), line 12)
Total expenses (must equal Part IX, column (A), line 25)
Revenue less expenses. Subtract line 2 from line 1
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A))
~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~
Net unrealized gains (losses) on investments
Donated services and use of facilities
Investment expenses
Prior period adjustments
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Other changes in net assets or fund balances (explain in Schedule O)
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33,
column (B))
~~~~~~~~~~~~~~~~~~~
�����������������������������������������������
Check if Schedule O contains a response or note to any line in this Part XII ���������������������������
Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain in Schedule O.
Were the organization's financial statements compiled or reviewed by an independent accountant? ~~~~~~~~~~~~
If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a
separate basis, consolidated basis, or both:
Separate basis Consolidated basis Both consolidated and separate basis
Were the organization's financial statements audited by an independent accountant? ~~~~~~~~~~~~~~~~~~~
If "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate basis,
consolidated basis, or both:
Separate basis Consolidated basis Both consolidated and separate basis
If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit,
review, or compilation of its financial statements and selection of an independent accountant?~~~~~~~~~~~~~~~
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit
Act and OMB Circular A-133? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit
or audits, explain why in Schedule O and describe any steps taken to undergo such audits ����������������
Form (2014)
12Part XI Reconciliation of Net Assets
Part XII Financial Statements and Reporting
990
BUILDING CHANGES 91-1410450
11,473,491.8,567,558.2,905,933.9,102,155.-30,403.
0.
11,977,685.
X
X
X
X
X
X
X
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 12
BC Finance & Audit Committee Packet Pg. 35 of 77
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OMB No. 1545-0047
Department of the TreasuryInternal Revenue Service
432021 09-17-14
Information about Schedule A (Form 990 or 990-EZ) and its instructions is at
(i) (iii) (iv) (v) (vi)(ii) Name of supported
organization
Type of organization (described on lines 1-9 above or IRC section
(see instructions))
Is the organizationlisted in your
governing document?
Amount of monetary
support (see
Instructions)
Amount of
other support (see
Instructions)
EIN
(Form 990 or 990-EZ)Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.| Attach to Form 990 or Form 990-EZ.
|
Open to PublicInspection
Name of the organization Employer identification number
1
2
3
4
5
6
7
8
9
10
11
section 170(b)(1)(A)(i).
section 170(b)(1)(A)(ii).
section 170(b)(1)(A)(iii).
section 170(b)(1)(A)(iii).
section 170(b)(1)(A)(iv).
section 170(b)(1)(A)(v).
section 170(b)(1)(A)(vi).
section 170(b)(1)(A)(vi).
section 509(a)(2).
section 509(a)(4).
section 509(a)(1) section 509(a)(2) section 509(a)(3).
a
b
c
d
e
f
g
Type I.
You must complete Part IV, Sections A and B.
Type II.
You must complete Part IV, Sections A and C.
Type III functionally integrated.
You must complete Part IV, Sections A, D, and E.
Type III non-functionally integrated.
You must complete Part IV, Sections A and D, and Part V.
Yes No
Total
For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Schedule A (Form 990 or 990-EZ) 2014
(All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
A church, convention of churches, or association of churches described in
A school described in (Attach Schedule E.)
A hospital or a cooperative hospital service organization described in
A medical research organization operated in conjunction with a hospital described in Enter the hospital's name,
city, and state:
An organization operated for the benefit of a college or university owned or operated by a governmental unit described in
(Complete Part II.)
A federal, state, or local government or governmental unit described in
An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in
(Complete Part II.)
A community trust described in (Complete Part II.)
An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from
activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment
income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975.
See (Complete Part III.)
An organization organized and operated exclusively to test for public safety. See
An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or
more publicly supported organizations described in or . See Check the box in
lines 11a through 11d that describes the type of supporting organization and complete lines 11e, 11f, and 11g.
A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving
the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting
organization.
A supporting organization supervised or controlled in connection with its supported organization(s), by having
control or management of the supporting organization vested in the same persons that control or manage the supported
organization(s).
A supporting organization operated in connection with, and functionally integrated with,
its supported organization(s) (see instructions).
A supporting organization operated in connection with its supported organization(s)
that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness
requirement (see instructions).
Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III
functionally integrated, or Type III non-functionally integrated supporting organization.
Enter the number of supported organizations ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Provide the following information about the supported organization(s).
LHA
www.irs.gov/form990.
SCHEDULE A
Part I Reason for Public Charity Status
Public Charity Status and Public Support 2014
BUILDING CHANGES 91-1410450
X
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 13
BC Finance & Audit Committee Packet Pg. 36 of 77
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Subtract line 5 from line 4.
43202209-17-14
Calendar year (or fiscal year beginning in)
Calendar year (or fiscal year beginning in) |
2
(a) (b) (c) (d) (e) (f)
1
2
3
4
5
Total.
6 Public support.
(a) (b) (c) (d) (e) (f)
7
8
9
10
11
12
13
Total support.
12
First five years.
stop here
14
15
14
15
16
17
18
a
b
a
b
33 1/3% support test - 2014.
stop here.
33 1/3% support test - 2013.
stop here.
10% -facts-and-circumstances test - 2014.
stop here.
10% -facts-and-circumstances test - 2013.
stop here.
Private foundation.
Schedule A (Form 990 or 990-EZ) 2014
|
Add lines 7 through 10
Schedule A (Form 990 or 990-EZ) 2014 Page
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization
fails to qualify under the tests listed below, please complete Part III.)
2010 2011 2012 2013 2014 Total
Gifts, grants, contributions, and
membership fees received. (Do not
include any "unusual grants.") ~~
Tax revenues levied for the organ-
ization's benefit and either paid to
or expended on its behalf ~~~~
The value of services or facilities
furnished by a governmental unit to
the organization without charge ~
Add lines 1 through 3 ~~~
The portion of total contributions
by each person (other than a
governmental unit or publicly
supported organization) included
on line 1 that exceeds 2% of the
amount shown on line 11,
column (f) ~~~~~~~~~~~~
2010 2011 2012 2013 2014 Total
Amounts from line 4 ~~~~~~~
Gross income from interest,
dividends, payments received on
securities loans, rents, royalties
and income from similar sources ~
Net income from unrelated business
activities, whether or not the
business is regularly carried on ~
Other income. Do not include gain
or loss from the sale of capital
assets (Explain in Part VI.) ~~~~
Gross receipts from related activities, etc. (see instructions) ~~~~~~~~~~~~~~~~~~~~~~~
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3)
organization, check this box and ��������������������������������������������� |
~~~~~~~~~~~~Public support percentage for 2014 (line 6, column (f) divided by line 11, column (f))
Public support percentage from 2013 Schedule A, Part II, line 14
%
%~~~~~~~~~~~~~~~~~~~~~
If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and
The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this box
and The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more,
and if the organization meets the "facts-and-circumstances" test, check this box and Explain in Part VI how the organization
meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ~~~~~~~~~~~~~~~ |
If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or
more, and if the organization meets the "facts-and-circumstances" test, check this box and Explain in Part VI how the
organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ~~~~~~~~ |
If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions ��� |
Part II Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
Section A. Public Support
Section B. Total Support
Section C. Computation of Public Support Percentage
BUILDING CHANGES 91-1410450
5128003. 9114220. 7769535. 8854977.11183167.42049902.
5128003. 9114220. 7769535. 8854977.11183167.42049902.
21996722.20053180.
5128003. 9114220. 7769535. 8854977.11183167.42049902.
183,664. 174,165. 156,489. 84,763. 76,539. 675,620.
-1,245. -389. 10,587. 73. 2,300. 11,326.42736848.241,153.
46.9247.91
X
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 14
BC Finance & Audit Committee Packet Pg. 37 of 77
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(Subtract line 7c from line 6.)
Amounts included on lines 2 and 3 received
from other than disqualified persons that
exceed the greater of $5,000 or 1% of the
amount on line 13 for the year
(Add lines 9, 10c, 11, and 12.)
432023 09-17-14
Calendar year (or fiscal year beginning in) |
Calendar year (or fiscal year beginning in) |
Total support.
3
(a) (b) (c) (d) (e) (f)
1
2
3
4
5
6
7
Total.
a
b
c
8 Public support
(a) (b) (c) (d) (e) (f)
9
10a
b
c11
12
13
14 First five years.
stop here
15
16
15
16
17
18
19
20
2014
2013
17
18
a
b
33 1/3% support tests - 2014.
stop here.
33 1/3% support tests - 2013.
stop here.
Private foundation.
Schedule A (Form 990 or 990-EZ) 2014
Unrelated business taxable income
(less section 511 taxes) from businesses
acquired after June 30, 1975
Schedule A (Form 990 or 990-EZ) 2014 Page
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to
qualify under the tests listed below, please complete Part II.)
2010 2011 2012 2013 2014 Total
Gifts, grants, contributions, and
membership fees received. (Do not
include any "unusual grants.") ~~
Gross receipts from admissions,merchandise sold or services per-formed, or facilities furnished inany activity that is related to theorganization's tax-exempt purpose
Gross receipts from activities that
are not an unrelated trade or bus-
iness under section 513 ~~~~~
Tax revenues levied for the organ-
ization's benefit and either paid to
or expended on its behalf ~~~~
The value of services or facilities
furnished by a governmental unit to
the organization without charge ~
~~~ Add lines 1 through 5
Amounts included on lines 1, 2, and
3 received from disqualified persons
~~~~~~
Add lines 7a and 7b ~~~~~~~
2010 2011 2012 2013 2014 Total
Amounts from line 6 ~~~~~~~Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources ~
~~~~
Add lines 10a and 10b ~~~~~~Net income from unrelated businessactivities not included in line 10b, whether or not the business is regularly carried on ~~~~~~~Other income. Do not include gainor loss from the sale of capitalassets (Explain in Part VI.) ~~~~
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization,
check this box and ���������������������������������������������������� |
Public support percentage for 2014 (line 8, column (f) divided by line 13, column (f))
Public support percentage from 2013 Schedule A, Part III, line 15
~~~~~~~~~~~~ %
%��������������������
Investment income percentage for (line 10c, column (f) divided by line 13, column (f))
Investment income percentage from Schedule A, Part III, line 17
~~~~~~~~ %
%~~~~~~~~~~~~~~~~~~
If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not
more than 33 1/3%, check this box and The organization qualifies as a publicly supported organization ~~~~~~~~~~ |
If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3%, and
line 18 is not more than 33 1/3%, check this box and The organization qualifies as a publicly supported organization~~~~ |
If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions �������� |
Part III Support Schedule for Organizations Described in Section 509(a)(2)
Section A. Public Support
Section B. Total Support
Section C. Computation of Public Support Percentage
Section D. Computation of Investment Income Percentage
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 15
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4
Yes No
1
2
3
4
5
6
7
8
9
10
1
2
3a
3b
3c
4a
4b
4c
5a
5b
5c
6
7
8
9a
9b
9c
10a
10b
a
b
c
a
b
c
a
b
c
a
b
c
a
b
Part VI
Type I or Type II only.
Substitutions only.
Schedule A (Form 990 or 990-EZ) 2014
If "No" describe in how the supported organizations are designated. If designated byclass or purpose, describe the designation. If historic and continuing relationship, explain.
If "Yes," explain in how the organization determined that the supportedorganization was described in section 509(a)(1) or (2).
If "Yes," answer(b) and (c) below.
If "Yes," describe in when and how theorganization made the determination.
If "Yes," explain in what controls the organization put in place to ensure such use.If
"Yes" and if you checked 11a or 11b in Part I, answer (b) and (c) below.
If "Yes," describe in how the organization had such control and discretiondespite being controlled or supervised by or in connection with its supported organizations.
If "Yes," explain in what controls the organization usedto ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B)purposes.
If "Yes,"answer (b) and (c) below (if applicable). Also, provide detail in including (i) the names and EINnumbers of the supported organizations added, substituted, or removed, (ii) the reasons for each such action,(iii) the authority under the organization's organizing document authorizing such action, and (iv) how the actionwas accomplished (such as by amendment to the organizing document).
If "Yes," provide detail in
If "Yes," complete Part I of Schedule L (Form 990).
If "Yes," complete Part I of Schedule L (Form 990).
If "Yes," provide detail in
If "Yes," provide detail in
If "Yes," provide detail in
If "Yes," answer (b) below.(Use Schedule C, Form 4720, to
determine whether the organization had excess business holdings.)
Schedule A (Form 990 or 990-EZ) 2014 Page
(Complete only if you checked a box on line 11 of Part I. If you checked 11a of Part I, complete Sections A
and B. If you checked 11b of Part I, complete Sections A and C. If you checked 11c of Part I, complete
Sections A, D, and E. If you checked 11d of Part I, complete Sections A and D, and complete Part V.)
Are all of the organization's supported organizations listed by name in the organization's governing
documents?
Did the organization have any supported organization that does not have an IRS determination of status
under section 509(a)(1) or (2)?
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)?
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and
satisfied the public support tests under section 509(a)(2)?
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)
(B) purposes?
Was any supported organization not organized in the United States ("foreign supported organization")?
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign
supported organization?
Did the organization support any foreign supported organization that does not have an IRS determination
under sections 501(c)(3) and 509(a)(1) or (2)?
Did the organization add, substitute, or remove any supported organizations during the tax year?
Was any added or substituted supported organization part of a class already
designated in the organization's organizing document?
Was the substitution the result of an event beyond the organization's control?
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to
anyone other than (a) its supported organizations; (b) individuals that are part of the charitable class
benefited by one or more of its supported organizations; or (c) other supporting organizations that also
support or benefit one or more of the filing organization's supported organizations?
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial
contributor (defined in IRC 4958(c)(3)(C)), a family member of a substantial contributor, or a 35-percent
controlled entity with regard to a substantial contributor?
Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7?
Was the organization controlled directly or indirectly at any time during the tax year by one or more
disqualified persons as defined in section 4946 (other than foundation managers and organizations described
in section 509(a)(1) or (2))?
Did one or more disqualified persons (as defined in line 9(a)) hold a controlling interest in any entity in which
the supporting organization had an interest?
Did a disqualified person (as defined in line 9(a)) have an ownership interest in, or derive any personal benefit
from, assets in which the supporting organization also had an interest?
Was the organization subject to the excess business holdings rules of IRC 4943 because of IRC 4943(f)
(regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting
organizations)?
Did the organization have any excess business holdings in the tax year?
Part VI
Part VI
Part VI
Part VI
Part VI
Part VI,
Part VI.
Part VI.
Part VI.
Part VI.
Part IV Supporting Organizations
Section A. All Supporting Organizations
BUILDING CHANGES 91-1410450
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BC Finance & Audit Committee Packet Pg. 39 of 77
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5
Yes No
11
a
b
c
11a
11b
11c
Yes No
1
2
1
2
Yes No
1
1
Yes No
1
2
3
1
2
3
1
2
3
a
b
c
Yes No
a
b
a
b
2a
2b
3a
3b
Schedule A (Form 990 or 990-EZ) 2014
If "Yes" to a, b, or c, provide detail in
If "No," describe in how the supported organization(s) effectively operated, supervised, orcontrolled the organization's activities. If the organization had more than one supported organization,describe how the powers to appoint and/or remove directors or trustees were allocated among the supportedorganizations and what conditions or restrictions, if any, applied to such powers during the tax year.
If "Yes," explain in how providing such benefit carried out the purposes of the supported organization(s) that operated,
supervised, or controlled the supporting organization.
If "No," describe in how controlor management of the supporting organization was vested in the same persons that controlled or managedthe supported organization(s).
If "No," explain in howthe organization maintained a close and continuous working relationship with the supported organization(s).
If "Yes," describe in the role the organization'ssupported organizations played in this regard.
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year Complete below.
Complete below.Describe in Part VI how you supported a government entity (see instructions).
If "Yes," then in how these activities directly furthered their exempt purposes,
how the organization was responsive to those supported organizations, and how the organization determinedthat these activities constituted substantially all of its activities.
If "Yes," explain in thereasons for the organization's position that its supported organization(s) would have engaged in theseactivities but for the organization's involvement.
the role played by the organization in this regard.
Schedule A (Form 990 or 990-EZ) 2014 Page
Has the organization accepted a gift or contribution from any of the following persons?
A person who directly or indirectly controls, either alone or together with persons described in (b) and (c)
below, the governing body of a supported organization?
A family member of a person described in (a) above?
A 35% controlled entity of a person described in (a) or (b) above?
Did the directors, trustees, or membership of one or more supported organizations have the power to
regularly appoint or elect at least a majority of the organization's directors or trustees at all times during the
tax year?
Did the organization operate for the benefit of any supported organization other than the supported
organization(s) that operated, supervised, or controlled the supporting organization?
Were a majority of the organization's directors or trustees during the tax year also a majority of the directors
or trustees of each of the organization's supported organization(s)?
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the
organization's tax year, (1) a written notice describing the type and amount of support provided during the prior tax
year, (2) a copy of the Form 990 that was most recently filed as of the date of notification, and (3) copies of the
organization's governing documents in effect on the date of notification, to the extent not previously provided?
Were any of the organization's officers, directors, or trustees either (i) appointed or elected by the supported
organization(s) or (ii) serving on the governing body of a supported organization?
By reason of the relationship described in (2), did the organization's supported organizations have a
significant voice in the organization's investment policies and in directing the use of the organization's
income or assets at all times during the tax year?
The organization satisfied the Activities Test.
The organization is the parent of each of its supported organizations.
The organization supported a governmental entity.
Activities Test.
Did substantially all of the organization's activities during the tax year directly further the exempt purposes of
the supported organization(s) to which the organization was responsive?
Did the activities described in (a) constitute activities that, but for the organization's involvement, one or more
of the organization's supported organization(s) would have been engaged in?
Parent of Supported Organizations.
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or
trustees of each of the supported organizations? Provide details in
Did the organization exercise a substantial degree of direction over the policies, programs, and activities of each
of its supported organizations? If "Yes," describe in
Part VI.
Part VI
Part VI
Part VI
Part VI
Part VI
(see instructions):
line 2
line 3
Answer (a) and (b) below.
Part VI identify
those supported organizations and explain
Part VI
Answer (a) and (b) below.
Part VI.
Part VI
(continued)Part IV Supporting Organizations
Section B. Type I Supporting Organizations
Section C. Type II Supporting Organizations
Section D. Type III Supporting Organizations
Section E. Type III Functionally-Integrated Supporting Organizations
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6
1 See instructions.
Section A - Adjusted Net Income
1
2
3
4
5
6
7
8
1
2
3
4
5
6
7
8Adjusted Net Income
Section B - Minimum Asset Amount
1
2
3
4
5
6
7
8
a
b
c
d
e
1a
1b
1c
1d
2
3
4
5
6
7
8
Total
Discount
Part VI
Minimum Asset Amount
Section C - Distributable Amount
1
2
3
4
5
6
7
1
2
3
4
5
6
Distributable Amount.
Schedule A (Form 990 or 990-EZ) 2014
Schedule A (Form 990 or 990-EZ) 2014 Page
Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970. All
other Type III non-functionally integrated supporting organizations must complete Sections A through E.
(B) Current Year
(optional)(A) Prior Year
Net short-term capital gain
Recoveries of prior-year distributions
Other gross income (see instructions)
Add lines 1 through 3
Depreciation and depletion
Portion of operating expenses paid or incurred for production or
collection of gross income or for management, conservation, or
maintenance of property held for production of income (see instructions)
Other expenses (see instructions)
(subtract lines 5, 6 and 7 from line 4)
(B) Current Year
(optional)(A) Prior Year
Aggregate fair market value of all non-exempt-use assets (see
instructions for short tax year or assets held for part of year):
Average monthly value of securities
Average monthly cash balances
Fair market value of other non-exempt-use assets
(add lines 1a, 1b, and 1c)
claimed for blockage or other
factors (explain in detail in ):
Acquisition indebtedness applicable to non-exempt-use assets
Subtract line 2 from line 1d
Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount,
see instructions).
Net value of non-exempt-use assets (subtract line 4 from line 3)
Multiply line 5 by .035
Recoveries of prior-year distributions
(add line 7 to line 6)
Current Year
Adjusted net income for prior year (from Section A, line 8, Column A)
Enter 85% of line 1
Minimum asset amount for prior year (from Section B, line 8, Column A)
Enter greater of line 2 or line 3
Income tax imposed in prior year
Subtract line 5 from line 4, unless subject to
emergency temporary reduction (see instructions)
Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see
instructions).
Part V Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
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7
Section D - Distributions Current Year
1
2
3
4
5
6
7
8
9
10
Part VI
Total annual distributions.
Part VI
(i)
Excess Distributions
(ii)
Underdistributions
Pre-2014
(iii)
Distributable
Amount for 2014Section E - Distribution Allocations (see instructions)
1
2
3
4
5
6
7
8
a
b
c
d
e
f
g
h
i
j
Total
a
b
c
Excess distributions carryover to 2015.
a
b
c
d
e
Schedule A (Form 990 or 990-EZ) 2014
Schedule A (Form 990 or 990-EZ) 2014 Page
Amounts paid to supported organizations to accomplish exempt purposes
Amounts paid to perform activity that directly furthers exempt purposes of supported
organizations, in excess of income from activity
Administrative expenses paid to accomplish exempt purposes of supported organizations
Amounts paid to acquire exempt-use assets
Qualified set-aside amounts (prior IRS approval required)
Other distributions (describe in ). See instructions.
Add lines 1 through 6.
Distributions to attentive supported organizations to which the organization is responsive
(provide details in ). See instructions.
Distributable amount for 2014 from Section C, line 6
Line 8 amount divided by Line 9 amount
Distributable amount for 2014 from Section C, line 6
Underdistributions, if any, for years prior to 2014
(reasonable cause required-see instructions)
Excess distributions carryover, if any, to 2014:
From 2013
of lines 3a through e
Applied to underdistributions of prior years
Applied to 2014 distributable amount
Carryover from 2009 not applied (see instructions)
Remainder. Subtract lines 3g, 3h, and 3i from 3f.
Distributions for 2014 from Section D,
line 7: $
Applied to underdistributions of prior years
Applied to 2014 distributable amount
Remainder. Subtract lines 4a and 4b from 4.
Remaining underdistributions for years prior to 2014, if
any. Subtract lines 3g and 4a from line 2 (if amount
greater than zero, see instructions).
Remaining underdistributions for 2014. Subtract lines 3h
and 4b from line 1 (if amount greater than zero, see
instructions).
Add lines 3j
and 4c.
Breakdown of line 7:
Excess from 2013
Excess from 2014
(continued) Part V Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
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8
Schedule A (Form 990 or 990-EZ) 2014
Schedule A (Form 990 or 990-EZ) 2014 Page
Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12.
Also complete this part for any additional information. (See instructions).
Part VI Supplemental Information.
BUILDING CHANGES 91-1410450
SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME:
MISCELLANEOUS
LOSS ON LYONS LP
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423171 05-01-14
Contributor's Name TotalContributions
ExcessContributions
Total Excess Contributions to Schedule A, Part II, Line 5 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
** Do Not File ***** Not Open to Public Inspection ***
Identification of Excess ContributionsIncluded on Part II, Line 5Schedule A 2014
BUILDING CHANGES 91-1410450
BILL AND MELINDA GATES FOUNDATION 22,851,459. 21,996,722.
21,996,722.
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Department of the TreasuryInternal Revenue Service
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Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
(Form 990, 990-EZ,or 990-PF)
| Attach to Form 990, Form 990-EZ, or Form 990-PF.| Information about Schedule B (Form 990, 990-EZ, or 990-PF) and
its instructions is at .
Name of the organization Employer identification number
Organization type
Filers of: Section:
not
General Rule Special Rule.
Note.
General Rule
Special Rules
(1) (2)
General Rule
Caution.
must
For Paperwork Reduction Act Notice, see the Instructions for Form 990, 990-EZ, or 990-PF.
exclusively
exclusively exclusively
nonexclusively
(check one):
Form 990 or 990-EZ 501(c)( ) (enter number) organization
4947(a)(1) nonexempt charitable trust treated as a private foundation
527 political organization
Form 990-PF 501(c)(3) exempt private foundation
4947(a)(1) nonexempt charitable trust treated as a private foundation
501(c)(3) taxable private foundation
Check if your organization is covered by the or a
Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33 1/3% support test of the regulations under
sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from
any one contributor, during the year, total contributions of the greater of $5,000 or 2% of the amount on (i) Form 990, Part VIII, line 1h,
or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor, during the
year, total contributions of more than $1,000 for religious, charitable, scientific, literary, or educational purposes, or for
the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor, during the
year, contributions for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box
is checked, enter here the total contributions that were received during the year for an religious, charitable, etc.,
purpose. Do not complete any of the parts unless the applies to this organization because it received
religious, charitable, etc., contributions totaling $5,000 or more during the year ~~~~~~~~~~~~~~~ | $
An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990, 990-EZ, or 990-PF),
but it answer "No" on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ or on its Form 990-PF, Part I, line 2, to
certify that it does not meet the filing requirements of Schedule B (Form 990, 990-EZ, or 990-PF).
LHA
www.irs.gov/form990
Schedule B Schedule of Contributors
2014
BUILDING CHANGES 91-1410450
X 3
X
BC Finance & Audit Committee Packet Pg. 45 of 77
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423452 11-05-14
Name of organization Employer identification number
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
Person
Payroll
Noncash
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
Person
Payroll
Noncash
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
Person
Payroll
Noncash
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
Person
Payroll
Noncash
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
Person
Payroll
Noncash
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
Person
Payroll
Noncash
Schedule B (Form 990, 990-EZ, or 990-PF) (2014) Page
(see instructions). Use duplicate copies of Part I if additional space is needed.
$
(Complete Part II fornoncash contributions.)
$
(Complete Part II fornoncash contributions.)
$
(Complete Part II fornoncash contributions.)
$
(Complete Part II fornoncash contributions.)
$
(Complete Part II fornoncash contributions.)
$
(Complete Part II fornoncash contributions.)
2
Part I Contributors
BUILDING CHANGES 91-1410450
1 BILL AND MELINDA GATES FOUNDATION X
PO BOX 23350 6,840,000.
SEATTLE, WA 98104
2 STATE OF WA, DEPT OF COMMERCE X
906 COLUMBIA ST. SW 2,491,554.
OLYMPIA, WA 98504
3 PAUL G ALLEN FAMILY FOUNDATION X
505 5TH AVE S # 900 300,000.
SEATTLE, WA 98104
4 GOLDMAN SACHS PHILANTHROPY FUND X
PO BOX 15203 300,000.
ALBANY , NY 12212
5 RAIKES FOUNDATION X
2157 N NORTHLAKE WAY # 220 265,661.
SEATTLE, WA 98103
6 CITY OF SEATTLE X
700 5TH AVE 240,000.
SEATTLE, WA 98104
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423453 11-05-14
Name of organization Employer identification number
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
(a)
No.
from
Part I
(c)
FMV (or estimate)
(see instructions)
(b)
Description of noncash property given
(d)
Date received
(a)
No.
from
Part I
(c)
FMV (or estimate)
(see instructions)
(b)
Description of noncash property given
(d)
Date received
(a)
No.
from
Part I
(c)
FMV (or estimate)
(see instructions)
(b)
Description of noncash property given
(d)
Date received
(a)
No.
from
Part I
(c)
FMV (or estimate)
(see instructions)
(b)
Description of noncash property given
(d)
Date received
(a)
No.
from
Part I
(c)
FMV (or estimate)
(see instructions)
(b)
Description of noncash property given
(d)
Date received
(a)
No.
from
Part I
(c)
FMV (or estimate)
(see instructions)
(b)
Description of noncash property given
(d)
Date received
Schedule B (Form 990, 990-EZ, or 990-PF) (2014) Page
(see instructions). Use duplicate copies of Part II if additional space is needed.
$
$
$
$
$
$
3
Part II Noncash Property
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BC Finance & Audit Committee Packet Pg. 47 of 77
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(Enter this info. once.)
For organizations
completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year.
423454 11-05-14
Name of organization Employer identification number
religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 forthe year from any one contributor. (a) (e) and
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
(a) No.fromPart I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
(e) Transfer of gift
Transferee's name, address, and ZIP + 4 Relationship of transferor to transferee
(a) No.fromPart I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
(e) Transfer of gift
Transferee's name, address, and ZIP + 4 Relationship of transferor to transferee
(a) No.fromPart I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
(e) Transfer of gift
Transferee's name, address, and ZIP + 4 Relationship of transferor to transferee
(a) No.fromPart I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
(e) Transfer of gift
Transferee's name, address, and ZIP + 4 Relationship of transferor to transferee
Complete columns through the following line entry.
Schedule B (Form 990, 990-EZ, or 990-PF) (2014) Page
| $
Use duplicate copies of Part III if additional space is needed.
Exclusively
4
Part III
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Department of the TreasuryInternal Revenue Service
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Information about Schedule C (Form 990 or 990-EZ) and its instructions is at
(Form 990 or 990-EZ)For Organizations Exempt From Income Tax Under section 501(c) and section 527
Open to PublicInspection
Complete if the organization is described below. Attach to Form 990 or Form 990-EZ.
|
If the organization answered "Yes," to Form 990, Part IV, line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
If the organization answered "Yes," to Form 990, Part IV, line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
If the organization answered "Yes," to Form 990, Part IV, line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (ProxyTax) (see separate instructions), then
Employer identification number
1
2
3
1
2
3
4
Yes No
a
b
Yes No
1
2
3
4
5
Form 1120-POL Yes No
(a) (b) (c) (d) (e)
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule C (Form 990 or 990-EZ) 2014
¥ Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
¥ Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
¥ Section 527 organizations: Complete Part I-A only.
¥ Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
¥ Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
¥ Section 501(c)(4), (5), or (6) organizations: Complete Part III.Name of organization
Provide a description of the organization's direct and indirect political campaign activities in Part IV.
Political expenditures
Volunteer hours
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ $
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Enter the amount of any excise tax incurred by the organization under section 4955
Enter the amount of any excise tax incurred by organization managers under section 4955
If the organization incurred a section 4955 tax, did it file Form 4720 for this year?
~~~~~~~~~~~~~ $
~~~~~~~~~~ $
~~~~~~~~~~~~~~~~~~~
Was a correction made?
If "Yes," describe in Part IV.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Enter the amount directly expended by the filing organization for section 527 exempt function activities
Enter the amount of the filing organization's funds contributed to other organizations for section 527
exempt function activities
~~~~ $
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ $
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL,
line 17b
Did the filing organization file for this year?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ $
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing organization
made payments. For each organization listed, enter the amount paid from the filing organization's funds. Also enter the amount of political
contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a
political action committee (PAC). If additional space is needed, provide information in Part IV.
Name Address EIN Amount paid fromfiling organization's
funds. If none, enter -0-.
Amount of politicalcontributions received and
promptly and directlydelivered to a separatepolitical organization.
If none, enter -0-.
LHA
www.irs.gov/form990.
SCHEDULE C
Part I-A Complete if the organization is exempt under section 501(c) or is a section 527 organization.
Part I-B Complete if the organization is exempt under section 501(c)(3).
Part I-C Complete if the organization is exempt under section 501(c), except section 501(c)(3).
Political Campaign and Lobbying Activities2014
J J
J
JJ
J
J
J
BUILDING CHANGES 91-1410450
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If the amount on line 1e, column (a) or (b) is:
2
A
B
Limits on Lobbying Expenditures(The term "expenditures" means amounts paid or incurred.)
(a) (b)
1a
b
c
d
e
f
The lobbying nontaxable amount is:
g
h
i
j
Yes No
4-Year Averaging Period Under section 501(h)(Some organizations that made a section 501(h) election do not have to complete all of the five columns below.
See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
(a) (b) (c) (d) (e)
2a
b
c
d
e
f
Schedule C (Form 990 or 990-EZ) 2014
Schedule C (Form 990 or 990-EZ) 2014 Page
Check if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN,
expenses, and share of excess lobbying expenditures).
Check if the filing organization checked box A and "limited control" provisions apply.
Filingorganization's
totals
Affiliated grouptotals
Total lobbying expenditures to influence public opinion (grass roots lobbying)
Total lobbying expenditures to influence a legislative body (direct lobbying)
~~~~~~~~~~
~~~~~~~~~~~
Total lobbying expenditures (add lines 1a and 1b)
Other exempt purpose expenditures
~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Total exempt purpose expenditures (add lines 1c and 1d)
Lobbying nontaxable amount. Enter the amount from the following table in both columns.
~~~~~~~~~~~~~~~~~~~~
Not over $500,000
Over $500,000 but not over $1,000,000
Over $1,000,000 but not over $1,500,000
Over $1,500,000 but not over $17,000,000
Over $17,000,000
20% of the amount on line 1e.
$100,000 plus 15% of the excess over $500,000.
$175,000 plus 10% of the excess over $1,000,000.
$225,000 plus 5% of the excess over $1,500,000.
$1,000,000.
Grassroots nontaxable amount (enter 25% of line 1f)
Subtract line 1g from line 1a. If zero or less, enter -0-
Subtract line 1f from line 1c. If zero or less, enter -0-
~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~
If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720
reporting section 4911 tax for this year? ��������������������������������������
Calendar year (or fiscal year beginning in)
2011 2012 2013 2014 Total
Lobbying nontaxable amount
Lobbying ceiling amount
(150% of line 2a, column(e))
Total lobbying expenditures
Grassroots nontaxable amount
Grassroots ceiling amount
(150% of line 2d, column (e))
Grassroots lobbying expenditures
Part II-A Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election undersection 501(h)).
J
J
BUILDING CHANGES 91-1410450
4,990.4,990.
8,562,568.8,567,558.578,378.
144,595.0.0.
555,811. 670,492. 612,437. 578,378. 2,417,118.
3,625,677.
854. 10,213. 9,795. 4,990. 25,852.
138,953. 167,623. 153,109. 144,595. 604,280.
906,420.
133. 133.
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3
(a) (b)
Yes No Amount
1
a
b
c
d
e
f
g
h
i
j
a
b
c
d
2
Yes No
1
2
3
1
2
3
1
2
3
4
5
(do not include amounts of political
expenses for which the section 527(f) tax was paid).
1
2a
2b
2c
3
4
5
a
b
c
Schedule C (Form 990 or 990-EZ) 2014
For each "Yes," response to lines 1a through 1i below, provide in Part IV a detailed descriptionof the lobbying activity.
Schedule C (Form 990 or 990-EZ) 2014 Page
During the year, did the filing organization attempt to influence foreign, national, state or
local legislation, including any attempt to influence public opinion on a legislative matter
or referendum, through the use of:
Volunteers?
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)?
Media advertisements?
Mailings to members, legislators, or the public?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~
Publications, or published or broadcast statements?
Grants to other organizations for lobbying purposes?
~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~
Direct contact with legislators, their staffs, government officials, or a legislative body?
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means?
Other activities?
~~~~~~
~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Total. Add lines 1c through 1i
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)?
If "Yes," enter the amount of any tax incurred under section 4912
If "Yes," enter the amount of any tax incurred by organization managers under section 4912
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~
~~~~~~~~~~~~~~~~
~~~
������
Were substantially all (90% or more) dues received nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Did the organization agree to carry over lobbying and political expenditures from the prior year?
~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~
���������
Dues, assessments and similar amounts from members
Section 162(e) nondeductible lobbying and political expenditures
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Current year
Carryover from last year
Total
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess
does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political
expenditure next year?
~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Taxable amount of lobbying and political expenditures (see instructions) ���������������������
Provide the descriptions required for Part I-A, line 1; Part I-B, line 4; Part I-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see
instructions); and Part II-B, line 1. Also, complete this part for any additional information.
Part II-B Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768(election under section 501(h)).
Part III-A Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Part III-B Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No," OR (b) Part III-A, line 3, isanswered "Yes."
Part IV Supplemental Information
BUILDING CHANGES 91-1410450
PART II-A LINE 1B:
ON OUR BEHALF, SOUTH COVE STRATEGIES AND THE WASHINGTON LOW INCOME HOUSING
ALLIANCE COMMUNICATED WITH WASHINGTON STATE LEGISLATORS TO ADVOCATE FOR
SUPPORT OF LEGISLATION AND BUDGET ITEMS THAT WORK TOWARD ENDING
HOMELESSNESS FOR FAMILIES AND YOUTH IN WASHINGTON STATE, INCLUDING
WASHINGTON FAMILIES FUND, WHICH PROVIDEDS FUNDING FOR SERVICES FOR
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 27
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4
Schedule C (Form 990 or 990-EZ) 2014
(continued)Schedule C (Form 990 or 990-EZ) 2014 Page
Part IV Supplemental Information
BUILDING CHANGES 91-1410450
HOMELESS FAMILIES.
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 28
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DR
AFT
OMB No. 1545-0047
Department of the TreasuryInternal Revenue Service
43205110-01-14
Held at the End of the Tax Year
(Form 990) | Complete if the organization answered "Yes" to Form 990,Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
| Attach to Form 990.| Information about Schedule D (Form 990) and its instructions is at
Open to PublicInspection
Name of the organization Employer identification number
(a) (b)
1
2
3
4
5
6
Yes No
Yes No
1
2
3
4
5
6
7
8
9
a
b
c
d
2a
2b
2c
2d
Yes No
Yes No
1
2
a
b
(i)
(ii)
a
b
For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule D (Form 990) 2014
Complete if the
organization answered "Yes" to Form 990, Part IV, line 6.
Donor advised funds Funds and other accounts
Total number at end of year
Aggregate value of contributions to (during year)
Aggregate value of grants from (during year)
Aggregate value at end of year
~~~~~~~~~~~~~~~
~~~~
~~~~~~
~~~~~~~~~~~~~
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds
are the organization's property, subject to the organization's exclusive legal control?~~~~~~~~~~~~~~~~~~
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only
for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring
impermissible private benefit? ��������������������������������������������
Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
Purpose(s) of conservation easements held by the organization (check all that apply).
Preservation of land for public use (e.g., recreation or education)
Protection of natural habitat
Preservation of open space
Preservation of a historically important land area
Preservation of a certified historic structure
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last
day of the tax year.
Total number of conservation easements
Total acreage restricted by conservation easements
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
Number of conservation easements on a certified historic structure included in (a)
Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure
listed in the National Register
~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the tax
year |
Number of states where property subject to conservation easement is located |
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of
violations, and enforcement of the conservation easements it holds? ~~~~~~~~~~~~~~~~~~~~~~~~~
Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year |
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year | $
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i)
and section 170(h)(4)(B)(ii)? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and balance sheet, and
include, if applicable, the text of the footnote to the organization's financial statements that describes the organization's accounting for
conservation easements.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII,
the text of the footnote to its financial statements that describes these items.
If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical
treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts
relating to these items:
Revenue included in Form 990, Part VIII, line 1
Assets included in Form 990, Part X
~~~~~~~~~~~~~~~~~~~~~~~~~~~~ | $
$~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide
the following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
Revenue included in Form 990, Part VIII, line 1
Assets included in Form 990, Part X
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ | $
$~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
LHA
www.irs.gov/form990.
Part I Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts.
Part II Conservation Easements.
Part III Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
SCHEDULE D Supplemental Financial Statements 2014
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3
4
5
a
b
c
d
e
Yes No
1
2
a
b
c
d
e
f
a
b
Yes No
1c
1d
1e
1f
Yes No
(a) (b) (c) (d) (e)
1
2
3
4
a
b
c
d
e
f
g
a
b
c
a
b
Yes No
(i)
(ii)
3a(i)
3a(ii)
3b
(a) (b) (c) (d)
1a
b
c
d
e
Total.
Schedule D (Form 990) 2014
(continued)
(Column (d) must equal Form 990, Part X, column (B), line 10c.)
Two years back Three years back Four years back
Schedule D (Form 990) 2014 Page
Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its collection items
(check all that apply):
Public exhibition
Scholarly research
Preservation for future generations
Loan or exchange programs
Other
Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part XIII.
During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets
to be sold to raise funds rather than to be maintained as part of the organization's collection? ������������
Complete if the organization answered "Yes" to Form 990, Part IV, line 9, orreported an amount on Form 990, Part X, line 21.
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included
on Form 990, Part X?
If "Yes," explain the arrangement in Part XIII and complete the following table:
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Amount
Beginning balance
Additions during the year
Distributions during the year
Ending balance
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability?
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII
~~~~~
�������������
Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
Current year Prior year
Beginning of year balance
Contributions
Net investment earnings, gains, and losses
Grants or scholarships
~~~~~~~
~~~~~~~~~~~~~~
~~~~~~~~~
Other expenditures for facilities
and programs
Administrative expenses
End of year balance
~~~~~~~~~~~~~
~~~~~~~~
~~~~~~~~~~
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
Board designated or quasi-endowment
Permanent endowment
Temporarily restricted endowment
The percentages in lines 2a, 2b, and 2c should equal 100%.
| %
| %
| %
Are there endowment funds not in the possession of the organization that are held and administered for the organization
by:
unrelated organizations
related organizations
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R?
Describe in Part XIII the intended uses of the organization's endowment funds.
~~~~~~~~~~~~~~~~~~~~~~
Complete if the organization answered "Yes" to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property Cost or otherbasis (investment)
Cost or otherbasis (other)
Accumulateddepreciation
Book value
Land
Buildings
Leasehold improvements
~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~
~~~~~~~~~~
Equipment
Other
~~~~~~~~~~~~~~~~~
��������������������
Add lines 1a through 1e. |�������������
2Part III Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets
Part IV Escrow and Custodial Arrangements.
Part V Endowment Funds.
Part VI Land, Buildings, and Equipment.
BUILDING CHANGES 91-1410450
143,739. 143,739. 0.134,707. 134,707. 0.
0.
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BC Finance & Audit Committee Packet Pg. 54 of 77
DR
AFT
(including name of security)
43205310-01-14
Total.
Total.
(a) (b) (c)
(a) (b) (c)
(a) (b)
Total.
(a) (b) 1.
Total.
2.
Schedule D (Form 990) 2014
(Column (b) must equal Form 990, Part X, col. (B) line 15.)
(Column (b) must equal Form 990, Part X, col. (B) line 25.)
Description of security or category
(Col. (b) must equal Form 990, Part X, col. (B) line 12.) |
(Col. (b) must equal Form 990, Part X, col. (B) line 13.) |
Schedule D (Form 990) 2014 Page
Complete if the organization answered "Yes" to Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
Book value Method of valuation: Cost or end-of-year market value
(1)
(2)
(3)
Financial derivatives
Closely-held equity interests
Other
~~~~~~~~~~~~~~~
~~~~~~~~~~~
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Complete if the organization answered "Yes" to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.Description of investment Book value Method of valuation: Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Complete if the organization answered "Yes" to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
Description Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
���������������������������� |
Complete if the organization answered "Yes" to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
Description of liability Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Federal income taxes
����� |
Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the
organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
3Part VII Investments - Other Securities.
Part VIII Investments - Program Related.
Part IX Other Assets.
Part X Other Liabilities.
BUILDING CHANGES 91-1410450
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1
2
3
4
5
1
a
b
c
d
e
2a
2b
2c
2d
2a 2d 2e
32e 1
a
b
c
4a
4b
4a 4b
3 4c.
4c
5
1
2
3
4
5
1
a
b
c
d
e
2a
2b
2c
2d
2a 2d
2e 1
2e
3
a
b
c
4a
4b
4a 4b
3 4c.
4c
5
Schedule D (Form 990) 2014
(This must equal Form 990, Part I, line 12.)
(This must equal Form 990, Part I, line 18.)
Schedule D (Form 990) 2014 Page
Complete if the organization answered "Yes" to Form 990, Part IV, line 12a.
Total revenue, gains, and other support per audited financial statements
Amounts included on line 1 but not on Form 990, Part VIII, line 12:
~~~~~~~~~~~~~~~~~~~
Net unrealized gains (losses) on investments
Donated services and use of facilities
Recoveries of prior year grants
Other (Describe in Part XIII.)
~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
Add lines through ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Subtract line from line ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Amounts included on Form 990, Part VIII, line 12, but not on line 1:
Investment expenses not included on Form 990, Part VIII, line 7b
Other (Describe in Part XIII.)
~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
Add lines and
Total revenue. Add lines and
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
�����������������
Complete if the organization answered "Yes" to Form 990, Part IV, line 12a.
Total expenses and losses per audited financial statements
Amounts included on line 1 but not on Form 990, Part IX, line 25:
~~~~~~~~~~~~~~~~~~~~~~~~~~
Donated services and use of facilities
Prior year adjustments
Other losses
Other (Describe in Part XIII.)
~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
Add lines through
Subtract line from line
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Amounts included on Form 990, Part IX, line 25, but not on line 1:
Investment expenses not included on Form 990, Part VIII, line 7b
Other (Describe in Part XIII.)
~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~
Add lines and
Total expenses. Add lines and
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
����������������
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part IV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI,
lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
4Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return.
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return.
Part XIII Supplemental Information.
BUILDING CHANGES 91-1410450
11,443,088.
-30,403.
-30,403.11,473,491.
0.11,473,491.
8,567,558.
0.8,567,558.
0.8,567,558.
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 32
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Department of the TreasuryInternal Revenue Service
Didfundraiser
have custodyor control of
contributions?
43208108-28-14
Information about Schedule G (Form 990 or 990-EZ) and its instructions is at
(Form 990 or 990-EZ)Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19, or if the
organization entered more than $15,000 on Form 990-EZ, line 6a.| Attach to Form 990 or Form 990-EZ. Open to Public
Inspection| Employer identification number
1
a
b
c
d
a
b
e
f
g
2
Yes No
(i) (ii)
(iii) (iv)
(v)
(i)
(vi)
Yes No
Total
3
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule G (Form 990 or 990-EZ) 2014
Name of the organization
Complete if the organization answered "Yes" to Form 990, Part IV, line 17. Form 990-EZ filers are notrequired to complete this part.
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
Mail solicitations
Internet and email solicitations
Phone solicitations
In-person solicitations
Solicitation of non-government grants
Solicitation of government grants
Special fundraising events
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees or
key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is to be
compensated at least $5,000 by the organization.
Name and address of individualor entity (fundraiser)
ActivityGross receipts
from activity
Amount paidto (or retained by)
fundraiserlisted in col.
Amount paidto (or retained by)
organization
�������������������������������������� |
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registrationor licensing.
LHA
www.irs.gov/form 990.
SCHEDULE GSupplemental Information Regarding Fundraising or Gaming Activities
Fundraising Activities. Part I
2014
BUILDING CHANGES 91-1410450
X XX
X
X
SARA NELSON - 13622 ASH WAY,EVERETT, WA 98204 GRANT WRITING X 7,229,571. 41,175. 7,188,396.
7,229,571. 41,175. 7,188,396.
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 33
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2
(d)
(a)
(c)
(a) (b) (c)
1
2
3
4
5
6
7
8
9
10
11
(a) (b)
(c) (d)
(a) (c)
1
2
3
4
5
6
7
8
Yes Yes Yes
No No No
9
10
a
b
Yes No
a
b
Yes No
Schedule G (Form 990 or 990-EZ) 2014
Pull tabs/instantbingo/progressive bingo
Schedule G (Form 990 or 990-EZ) 2014 Page Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000
of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.
Total events
(add col. through
col. )
Re
ven
ue
Event #1 Event #2 Other events
(event type) (event type) (total number)
Gross receipts
Less: Contributions
~~~~~~~~~~~~~~
~~~~~~~~~~~
Gross income (line 1 minus line 2)
Dir
ec
t E
xpe
nse
s
����
Cash prizes
Noncash prizes
~~~~~~~~~~~~~~~
~~~~~~~~~~~~~
Rent/facility costs ~~~~~~~~~~~~
Food and beverages
Entertainment
~~~~~~~~~~
~~~~~~~~~~~~~~
Other direct expenses ~~~~~~~~~~
Direct expense summary. Add lines 4 through 9 in column (d)
Net income summary. Subtract line 10 from line 3, column (d)
~~~~~~~~~~~~~~~~~~~~~~~~ |
������������������������ |Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than
$15,000 on Form 990-EZ, line 6a.
Re
ven
ue Bingo Other gaming
Total gaming (addcol. through col. )
Dir
ec
t E
xpe
nse
s
Gross revenue ��������������
Cash prizes
Noncash prizes
~~~~~~~~~~~~~~~
~~~~~~~~~~~~~
Rent/facility costs
Other direct expenses
~~~~~~~~~~~~
����������
% % %
Volunteer labor ~~~~~~~~~~~~~
Direct expense summary. Add lines 2 through 5 in column (d)
Net gaming income summary. Subtract line 7 from line 1, column (d)
~~~~~~~~~~~~~~~~~~~~~~~~ |
��������������������� |
Enter the state(s) in which the organization conducts gaming activities:
Is the organization licensed to conduct gaming activities in each of these states?
If "No," explain:
~~~~~~~~~~~~~~~~~~~~
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year?
If "Yes," explain:
~~~~~~~~~
Part II Fundraising Events.
Part III Gaming.
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3
11
12
13
14
15
Yes No
Yes No
a
b
13a
13b
Yes Noa
b
c
16
17
a
b
Yes No
Supplemental Information.
Schedule G (Form 990 or 990-EZ) 2014
Schedule G (Form 990 or 990-EZ) 2014 Page
Does the organization conduct gaming activities with nonmembers?
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity formed
to administer charitable gaming?
~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Indicate the percentage of gaming activity conducted in:
The organization's facility
An outside facility
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ %
%~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name |
Address |
Does the organization have a contract with a third party from whom the organization receives gaming revenue?
If "Yes," enter the amount of gaming revenue received by the organization |
~~~~~~
$ and the amount
of gaming revenue retained by the third party | $ .
If "Yes," enter name and address of the third party:
Name |
Address |
Gaming manager information:
Name |
Gaming manager compensation |
Description of services provided |
$
Director/officer Employee Independent contractor
Mandatory distributions:
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Enter the amount of distributions required under state law to be distributed to other exempt organizations or spent in the
organization's own exempt activities during the tax year | $
Provide the explanations required by Part I, line 2b, columns (iii) and (v), and Part III, lines 9, 9b, 10b, 15b,
15c, 16, and 17b, as applicable. Also provide any additional information (see instructions).
Part IV
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4
Schedule G (Form 990 or 990-EZ)
(continued)Schedule G (Form 990 or 990-EZ) Page
Part IV Supplemental Information
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DRAFT
OMB No. 1545-0047
Department of the Treasury
Internal Revenue Service
43210110-15-14
SCHEDULE I(Form 990)
Complete if the organization answered "Yes" to Form 990, Part IV, line 21 or 22.
| Attach to Form 990.
| Information about Schedule I (Form 990) and its instructions is at
Open to PublicInspection
Employer identification number
General Information on Grants and AssistancePart I
1
2
Yes No
Part II Grants and Other Assistance to Domestic Organizations and Domestic Governments.
(f) 1 (a) (b) (c) (d) (e) (g) (h)
2
3
For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule I (Form 990) (2014)
Name of the organization
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and the selection
criteria used to award the grants or assistance? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Complete if the organization answered "Yes" to Form 990, Part IV, line 21, for any
recipient that received more than $5,000. Part II can be duplicated if additional space is needed.Method of
valuation (book,FMV, appraisal,
other)
Name and address of organizationor government
EIN IRC sectionif applicable
Amount ofcash grant
Amount ofnon-cash
assistance
Description ofnon-cash assistance
Purpose of grantor assistance
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table
Enter total number of other organizations listed in the line 1 table
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
�������������������������������������������������� |
LHA
www.irs.gov/form990.
Grants and Other Assistance to Organizations,Governments, and Individuals in the United States 2014
BUILDING CHANGES 91-1410450
X
ABUSED DEAF WOMEN'S ADVOCACY TO PROVIDE SERVICES TOSERVICES - 8623 ROOSEVELT WAY NE - SUPPORT HOMELESS FAMILIESSEATTLE, WA 98115-3027 91-1339173 501C3 12,000. 0. IN WASHINGTON STATE
CATHOLIC COMMUNITY SERVICES OF TO PROVIDE SERVICES TOWESTERN WASHINGTON - 100 23RD AVE SUPPORT HOMELESS FAMILIESS - SEATTLE, WA 98144-2302 91-1585652 501C3 78,000. 0. IN WASHINGTON STATE
COMMUNITY ACTION OF SKAGIT COUNTY TO PROVIDE SERVICES TO330 PACIFIC PL SUPPORT HOMELESS FAMILIESMOUNT VERNON, WA 98273-5427 91-1140086 501C3 420,253. 0. IN WASHINGTON STATE
COMPASS HOUSING ALLIANCE TO PROVIDE SERVICES TO77 WASHINGTON ST # 5F SUPPORT HOMELESS FAMILIESSEATTLE, WA 98104 91-0578229 501C3 126,000. 0. IN WASHINGTON STATE
CONSEJO COUNSELLING & REFERRAL TO PROVIDE SERVICES TOSERVICES - 3808 S ANGELINE - SUPPORT HOMELESS FAMILIESSEATTLE, WA 98118 91-1021247 501C3 126,000. 0. IN WASHINGTON STATE
DOMESTIC ABUSE WOMEN'S NETWORK TO PROVIDE SERVICES TOPO BOX 88007 SUPPORT HOMELESS FAMILIESTUKWILA, WA 98138-2007 91-1176122 501C3 21,000. 0. IN WASHINGTON STATE
30.
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1
37
BC Finance & Audit Committee Packet Pg. 61 of 77
DRAFT
43224105-01-14
Part II Continuation of Grants and Other Assistance to Governments and Organizations in the United States
(a) (b) (c) (d) (e) (f) (g) (h)
Schedule I (Form 990)
Schedule I (Form 990) Page 1
(Schedule I (Form 990), Part II.)
Name and address of organization or government
EIN IRC sectionif applicable
Amount of cash grant
Amount of non-cash
assistance
Method of valuation
(book, FMV, appraisal, other)
Description ofnon-cash assistance
Purpose of grantor assistance
BUILDING CHANGES 91-1410450
FAMILY SUPPORT CENTER OF SOUTH TO PROVIDE SERVICES TOSOUND - PO BOX 784 - OLYMPIA, WA SUPPORT HOMELESS FAMILIES98507-0784 91-2003828 501C3 400,000. 0. IN WASHINGTON STATE
HELPING HAND HOUSE TO PROVIDE SERVICES TOPO BOX 710 SUPPORT HOMELESS FAMILIESPUYALLUP, WA 98371-0184 91-1275046 501C3 50,000. 0. IN WASHINGTON STATE
HOPELINK TO PROVIDE SERVICES TO18435 NE 98TH WAY SUPPORT HOMELESS FAMILIESREDMOND, WA 98052-2976 91-0982116 501C3 323,500. 0. IN WASHINGTON STATE
HOUSING AUTHORITY OF GRANT COUNTY TO PROVIDE SERVICES TO1139 LARSON BLVD SUPPORT HOMELESS FAMILIESMOSES LAKE, WA 98837-3308 91-6000964 GOVERNMENT AGENC 195,600. 0. IN WASHINGTON STATE
HOUSING HOPE TO PROVIDE SERVICES TO5830 EVERGREEN WAY SUPPORT HOMELESS FAMILIESEVERETT, WA 98203 94-3060709 501C3 124,500. 0. IN WASHINGTON STATE
KITSAP COMMUNITY RESOURCES TO PROVIDE SERVICES TO845 8TH ST SUPPORT HOMELESS FAMILIESBREMERTON, WA 98337-1517 91-0791411 501C3 377,475. 0. IN WASHINGTON STATE
LEWIS COUNTY SHELTER PROGRAM TO PROVIDE SERVICES TOPO BOX 131 SUPPORT HOMELESS FAMILIESCHEHALIS, WA 98532-0131 91-1533595 501C3 155,672. 0. IN WASHINGTON STATE
LIFEWIRE TO PROVIDE SERVICES TOPO BOX 6398 SUPPORT HOMELESS FAMILIESBELLEVUE, WA 98008-0398 91-1190193 501C3 24,000. 0. IN WASHINGTON STATE
LIVING ACCESS SUPPORT ALLIANCE TO PROVIDE SERVICES TO(LASA) - PO BOX 98619 - LAKEWOOD, SUPPORT HOMELESS FAMILIESWA 98496-8619 91-1470619 501C3 50,000. 0. IN WASHINGTON STATE
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1
38
BC Finance & Audit Committee Packet Pg. 62 of 77
DRAFT
43224105-01-14
Part II Continuation of Grants and Other Assistance to Governments and Organizations in the United States
(a) (b) (c) (d) (e) (f) (g) (h)
Schedule I (Form 990)
Schedule I (Form 990) Page 1
(Schedule I (Form 990), Part II.)
Name and address of organization or government
EIN IRC sectionif applicable
Amount of cash grant
Amount of non-cash
assistance
Method of valuation
(book, FMV, appraisal, other)
Description ofnon-cash assistance
Purpose of grantor assistance
BUILDING CHANGES 91-1410450
MARY'S PLACE TO PROVIDE SERVICES TO1830 9TH AVE SUPPORT HOMELESS FAMILIESSEATTLE, WA 98101-1321 27-2087950 501C3 40,000. 0. IN WASHINGTON STATE
MERCY HOUSING NW TO PROVIDE SERVICES TO2305 3RD AVE # 204 SUPPORT HOMELESS FAMILIESSEATTLE, WA 98121 91-1546525 501C3 67,518. 0. IN WASHINGTON STATE
MULTI-SERVICE CENTER (MSC) TO PROVIDE SERVICES TOPO BOX 23699 SUPPORT HOMELESS FAMILIESFEDERAL WAY, WA 98093-0699 23-7120815 501C3 40,000. 0. IN WASHINGTON STATE
NEW BEGINNINGS TO PROVIDE SERVICES TOPO BOX 75125 SUPPORT HOMELESS FAMILIESSEATTLE, WA 98175-0125 91-1005916 501C3 26,000. 0. IN WASHINGTON STATE
OPEN HEARTH TO PROVIDE SERVICES TOPO BOX 1181 SUPPORT HOMELESS FAMILIESPUYALLUP, WA 98371-0111 26-0561140 501C3 50,000. 0. IN WASHINGTON STATE
PIERCE COUNTY HOUSING AUTHORITY TO PROVIDE SERVICES TO600 POLK ST S SUPPORT HOMELESS FAMILIESTACOMA, WA 98444 91-1105806 501C3 183,642. 0. IN WASHINGTON STATE
RESCUE MISSION TO PROVIDE SERVICES TOPO BOX 1912 SUPPORT HOMELESS FAMILIESTACOMA, WA 98401-1912 91-0565014 501C3 50,000. 0. IN WASHINGTON STATE
SNOHOMISH COUNTY HUMAN SERVICES TO PROVIDE SERVICES TODEPT. - 3000 ROCKEFELLER AVE, MS SUPPORT HOMELESS FAMILIES305 - EVERETT, WA 98201-4046 91-6001368 GOVERNMENT AGENC 500,000. 0. IN WASHINGTON STATE
SNOHOMISH COUNTY LEGAL SERVICES TO PROVIDE SERVICES TOPO BOX 5675 SUPPORT HOMELESS FAMILIESEVERETT, WA 98206-5675 91-1215739 501C3 324,500. 0. IN WASHINGTON STATE
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1
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BC Finance & Audit Committee Packet Pg. 63 of 77
DRAFT
43224105-01-14
Part II Continuation of Grants and Other Assistance to Governments and Organizations in the United States
(a) (b) (c) (d) (e) (f) (g) (h)
Schedule I (Form 990)
Schedule I (Form 990) Page 1
(Schedule I (Form 990), Part II.)
Name and address of organization or government
EIN IRC sectionif applicable
Amount of cash grant
Amount of non-cash
assistance
Method of valuation
(book, FMV, appraisal, other)
Description ofnon-cash assistance
Purpose of grantor assistance
BUILDING CHANGES 91-1410450
SOLID GROUND TO PROVIDE SERVICES TO1501 N 45TH ST SUPPORT HOMELESS FAMILIESSEATTLE, WA 98103-6708 23-7421892 501C3 40,000. 0. IN WASHINGTON STATE
THE SALVATION ARMY, SEATTLE BRANCH TO PROVIDE SERVICES TO811 MAYNARD AVE S SUPPORT HOMELESS FAMILIESSEATTLE, WA 98134-1324 94-1156347 501C3 78,000. 0. IN WASHINGTON STATE
WOMEN'S RESOURCE CENTER OF NORTH TO PROVIDE SERVICES TOCENTRAL WASHINGTON - PO BOX 2051 - SUPPORT HOMELESS FAMILIESWENATCHEE, WA 98807-2051 91-1109429 501C3 135,000. 0. IN WASHINGTON STATE
YAKIMA NEIGHBORHOOD HEALTH TO PROVIDE SERVICES TOSERVICES - 12 S 8TH ST - YAKIMA, SUPPORT HOMELESS FAMILIESWA 98901 91-0928817 501C3 252,000. 0. IN WASHINGTON STATE
YWCA OF SEATTLE - KING COUNTY - TO PROVIDE SERVICES TOSNOHOMISH COUNTY - 1118 5TH AVE - SUPPORT HOMELESS FAMILIESSEATTLE, WA 98101-3001 91-0482890 501C3 787,000. 0. IN WASHINGTON STATE
YWCA PIERCE COUNTY TO PROVIDE SERVICES TO405 BROADWAY AVE SUPPORT HOMELESS FAMILIESTACOMA, WA 98402-3904 91-0565026 501C3 50,000. 0. IN WASHINGTON STATE
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1
40
BC Finance & Audit Committee Packet Pg. 64 of 77
DRAFT
432102 10-15-14
2Part III Grants and Other Assistance to Domestic Individuals.
(e) (a) (b) (c) (d) (f)
Part IV Supplemental Information.
Schedule I (Form 990) (2014)
Schedule I (Form 990) (2014) Page Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
Method of valuation(book, FMV, appraisal, other)
Type of grant or assistance Number ofrecipients
Amount ofcash grant
Amount of non-cash assistance
Description of non-cash assistance
Provide the information required in Part I, line 2, Part III, column (b), and any other additional information.
BUILDING CHANGES 91-1410450
PART I, LINE 2:
GRANTEES ARE REQUIRED TO SUBMIT QUARTERLY REPORTS TO BUILDING CHANGES WHICH
INCLUDE FINANCIAL ACTIVITY REPORT AND SERVICE ACTIVITY REPORT. ON AN ANNUAL
BASIS, GRANTEES PROVIDE COPIES OF THEIR AUDITED FINANCIAL STATEMENTS AND
FORM 990. BUILDING CHANGES CONDUCTS RISK ASSESSMENT AND FROM THIS, HIGH
RISK GRANTEES ARE IDENTIFIED. HIGH-RISK GRANTEES ARE MONITORED ON-SITE TO
ENSURE THAT GRANTEES ARE FULFILLING CONTRACT REQUIREMENTS INCLUDING THE
APPROPRIATE USE OF GRANT FUNDS. GRANTEES ARE REQUIRED TO FILL OUT
EXTENSIVE MONITORING REPORT PRIOR TO THE VISIT. DURING THE VISIT, BUILDING
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1
41
BC Finance & Audit Committee Packet Pg. 65 of 77
DR
AFT
43229105-01-14
2
Schedule I (Form 990)
Schedule I (Form 990) Page
Part IV Supplemental Information
BUILDING CHANGES 91-1410450
CHANGES STAFF REVIEW RANDOM SAMPLE OF FINANCIAL RECORDS AND CASE FILES, AS
WELL AS MEET WITH PROJECT STAFF TO DISCUSS PROJECT PROGRESS AND CHALLENGES.
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 42
BC Finance & Audit Committee Packet Pg. 66 of 77
DR
AFT
OMB No. 1545-0047
Department of the TreasuryInternal Revenue Service
43221108-27-14
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
Complete to provide information for responses to specific questions onForm 990 or 990-EZ or to provide any additional information.
| Attach to Form 990 or 990-EZ.|
(Form 990 or 990-EZ)
Open to PublicInspection
Employer identification number
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule O (Form 990 or 990-EZ) (2014)
Name of the organization
LHA
www.irs.gov/form990.
SCHEDULE O Supplemental Information to Form 990 or 990-EZ 2014
BUILDING CHANGES 91-1410450
FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES:
CONSULTING AND TECHNICAL ASSISTANCE
EXPENSES $ 160,494. INCLUDING GRANTS OF $ 0. REVENUE $ 213,997.
FORM 990, PART VI, SECTION A, LINE 4:
REMOVE PROVISION FOR PROXY VOTING AND TO STATE ANY ACTION BY WRITTEN
CONSENT WITHOUT A MEETING REQUIRES UNANIMOUS CONSENT FROM THE VOTING BODY
(BOARD OR COMMITTEE), REPLACING THE PREVIOUSLY STATED MAJORITY VOTE.
FORM 990, PART VI, SECTION B, LINE 11:
ANNUAL FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE, THEN TO THE BOARD
FOR APPROVAL PRIOR TO SUBMISSION TO THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C:
ALL BOARD MEMBERS AND KEY STAFF ARE REQUIRED TO REVIEW AND SIGN THE
CONFLICT OF INTEREST POLICY ANNUALLY. THROUGH THIS PROCESS, BOARD MEMBERS
AND KEY STAFF ARE REMINDED OF THE REQUIREMENT TO DISCLOSE ALL MATERIAL
FACTS OF EVERY ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO THE EXECUTIVE
DIRECTOR OR BOARD CHAIR. BUILDING CHANGES MANAGEMENT AND THE BOARD
EXECUTIVE COMMITTEE HAVE THE RESPONSIBILITY TO IDENTIFY RELATED PARTY
TRANSACTIONS AND REAL OR POTENTIAL CONFLICTS OF INTERESTS. ALL IDENTIFIED
RELATED PARTY TRANSACTIONS AND REAL OR POTENTIAL CONFLICTS OF INTEREST ARE
PRESENTED AND DISCUSSED BY THE APPROPRIATE COMMITTEE OR FULL BOARD AND ARE
RECORDED IN THE MINUTES OF THAT MEETING.
FORM 990, PART VI, SECTION B, LINE 15:
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 43
BC Finance & Audit Committee Packet Pg. 67 of 77
DR
AFT
43221208-27-14
2
Employer identification number
Schedule O (Form 990 or 990-EZ) (2014)
Schedule O (Form 990 or 990-EZ) (2014) Page
Name of the organizationBUILDING CHANGES 91-1410450
CEO SALARY IS DETERMINED BY THE BOARD. ALL BUILDING CHANGES COMPENSATION
ARE BASED ON PUBLISHED SALARY SURVEYS FROM WASHINGTON EMPLOYERS AND COUNCIL
ON FOUNDATION. ALL STAFFS' SALARY ARE BASED ON SALARY RANGES THAT ARE
FORMULATED FROM PUBLISHED SALARY SURVEYS FROM WASHINGTON EMPLOYERS AND
COUNCIL ON FOUNDATION.
FORM 990, PART VI, SECTION C, LINE 19:
THESE DOCUMENTS ARE NOT PUBLICLY AVAILABLE.
FORM 990, PART XII, LINE 2C:
THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
FORM 990, PART VI, LINE 1A:
THE EXECUTIVE COMMITTEE IS COMPRISED OF THE PRESIDENT, VICE PRESIDENT,
SECRETARY, TREASURER, COMMITTEE CHAIR AND IMMEDIATE PAST PRESIDENT.
THE EXECUTIVE COMMITTEE MAKES DECISION ON BEHALF OF THE BOARD WHEN
THERE ARE URGENT ISSUES THAT NEED TO BE RESOLVED OR ACTED UPON.
11470407 758871 091665.0 2014.03020 BUILDING CHANGES 091665_1 44
BC Finance & Audit Committee Packet Pg. 68 of 77
Resolution 15-06
Approval of Federal Tax Return WHEREAS, Building Changes is required by the Internal Revenue Service to file a Form 990 – Return of Organization Exempt From Income Tax for the previous fiscal year; and
WHEREAS, the final draft of the Form 990 – Return of Organization Exempt From Income Tax for 2014 was reviewed by the Finance & Audit Committee on April 15, 2015, and was recommended to the Board of Directors for approval to file; NOW, THEREFORE, BE IT RESOLVED that the Building Changes Board of Directors authorizes Executive Director, Alice Shobe to sign the Form 990 – Return of Organization Exempt From Income Tax for fiscal year 2014 for filing. Attested, _____________________________ Barbara Dingfield, Secretary (as an agent of the board) April 24, 2015
BC Finance & Audit Committee Packet Pg. 69 of 77
Financial Reports Page 1
memo
To: Finance Committee
Cc: Leadership Team
From: Armilito J Pangilinan
Date:
Re: Financial Statements as of February 28, 2015
Please find enclosed preliminary financial statements as of February 28, 2015. The statements include a) Financial Dashboard, b) Statement of Financial Position (SOFP), c) Statement of Revenues and Expenses ‐ All Funds (SORE All), d) Statement of Revenues and Expenses ‐ Operating ‐ YTD Actual to Budget Comparison (SORE Ops), e) Supplemental Information summarizing Restricted Releases, Professional Fees and Project Expenses and Funding, f) Cash Flows with Projections. Highlights Statement of Financial Position (SOFP) – page 4
Cash on hand ‐ $12.53 million. $4.18 million is available for Systems Innovations grant making (still to be awarded in 2015); $1.94 million for restricted time and purpose use in 2015 and 2016; $3.38 million for Systems Innovation grant payments payable in 2015 and 2016; $1.4 million is to cover the Private Funds portion of the Washington Youth and Families Fund current and long‐term (up to 2019) grants and administrative expenses; and the remainder for other operating purposes.
Current receivables ‐ $4.26 million. $1.85 million from Department of Commerce for Service grants; $1.6million is for receivables from Gates Foundation for infrastructure support in 2015; $100K from Allen Foundation for Employment/Evaluation; $100K from Anonymous Donor for time restricted operating support; $246K is pledges due from individuals and foundations; $293K from Robert Wood Johnson Foundation for Evaluation, $133K from Raikes Foundation for Youth and Young Adults), and $60K from United Way of King County for Racial Equity.
Long‐term receivables ‐ $2.69 million. $1.12 million is for restricted grants from Gates Foundation for infrastructure support; $100K from Allen Foundation for Employment/ Evaluation, $100K from Anonymous donor for time restricted operating support, and $1.37 million is due from Commerce for the Washington Families Fund service grants.
Total current and long term grants payable is $7.774 million. Service grants = $4.47 million to 47
grantees ; Systems Innovation grants = $ 3.304 million to 39 grantees
Change in net assets is deficit of $465K.
BC Finance & Audit Committee Packet Pg. 70 of 77
Financial Reports Page 2
Statement of Revenues and Expenditures – All Funds – page 5
Being early in the year, there is not any significant activity in the period to report
Statement of Revenues – Operating (SORE‐Ops) – page 6
Net of revenues over expenses before grants is $27.9K.
BC Finance & Audit Committee Packet Pg. 71 of 77
Financial Reports Page 3
Values
12,527,092$
7,773,975$
# of outstanding grants 86
0%
36%
15%
16%
67%
100%
Color Indicators:
On target Off track
Slight off track N/A too soon to tell
1%
Building Changes
Financial DashboardFebruary 28, 2015
Amount of cash‐on‐hand
Description
% Board members who have contributed
Indicator
Outstanding grant commitments
% grant budget awarded
YTD contribution to operating reserve vs. current
annual projection (compared to 17% for 2 mos.)
% Budget expended (compared to 17% for 2 mos.)
% Restricted release (compared to 17% for 2 mos.)
% Running total of operating reserve vs $1M target
% of Grants Administration staff expenses vs
grants administered
$3,301,129 $3,002,916
$298,213
$3,096,836 $2,960,046
$136,790 $3,313,066
$3,028,949 $284,117
$3,498,661
$3,402,941
$95,720
$683,304 $655,419
$27,885
$4,555,173 $4,478,714
$76,459
$‐
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
$3,500,000
$4,000,000
$4,500,000
$5,000,000
Revenues and Support Expenses Net
Operating Fund Year‐by‐Year Actuals
(net of Grants)
2011 Actual 2012 Actual 2013 Actual 2014 Actual 2015 Actual 2015 Budget
$‐
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
$3,500,000
$4,000,000
$4,500,000
$5,000,000
2011Actual
2012Actual
2013Actual
2014Actual
2015Actual
2015Budget
Operating Fund Year‐by‐Year
Revenues by Source
Gates Fdn Annual Fund
Other Rest Release Government Grants
Commerce (WFF) Fee for Service + Other
BC Finance & Audit Committee Packet Pg. 72 of 77
Financial Reports Page 4
12/31/14 2015 YTD Balance
Change From
Prior Year
Assets
Current Assets
Cash 10,905,710 9,786,817 (1,118,893)
Administered funds 2,792,744 2,740,275 (52,469)
Accounts receivable 1,801,945 1,896,101 94,156
Pledges receivable 2,373,651 2,360,331 (13,320)
Prepaid expense 100,387 19,342 (81,045)
Total Current Assets 17,974,437 16,802,866 (1,171,571)
Non‐current Assets
Long term pledges receivable 1,320,000 1,320,000 0
Long term receivable 1,365,290 1,365,290 0
Total Non‐current Assets 2,685,290 2,685,290 0
Total Assets 20,659,727 19,488,156 (1,171,571)
Liabil ities
Current Liabil ities
Accounts payable 64,248 34,313 (29,935)
Grants payable 5,524,839 4,836,661 (688,178)
Accrued payroll expense payable 141,357 153,187 11,830
Total Current Liabil ities 5,730,444 5,024,161 (706,283)
Long Term Liabil ities
Grants payable 2,937,314 2,937,314 0
Total Long Term Liabilities 2,937,314 2,937,314 0
Total Liabilities 8,667,758 7,961,475 (706,283)
Net Assets
Beginning fund balance 11,991,968 11,991,968 0
Excess (deficit) of revenue over expenses 0 (465,287) (465,287)
Total Net Assets 11,991,968 11,526,681 (465,287)
Total Liabilities and Fund Balance 20,659,726 19,488,156 (1,171,570)
BUILDING CHANGES
Statement of Financial Position (SOFP)
February 28, 2015
BC Finance & Audit Committee Packet Pg. 73 of 77
Financial Reports Page 5
Operating Innovations Restricted TotalSupport and Revenue
Support
Corporations 3,105 0 0 3,105
Foundations/Funds 54,500 0 5,000 59,500
Individuals 3,752 0 0 3,752
Restricted releases ‐ time 38,333 0 (38,333) 0
Restricted releases ‐ Other 63,016 0 (63,016) 0
Restricted releases ‐ Gates 318,419 0 (318,419) 0
Restricted releases ‐ Innovations 87,151 (87,151) 0 0
Government grants 0 0 0 0
Total Support 568,276 (87,151) (414,768) 66,357
Fees and Other
Consulting fees 24,524 0 0 24,524
WFF Service Grant Admin, TA & Eval 88,126 0 0 88,126
Investment earnings 2,194 0 10,473 12,667
Miscellaneous 184 0 0 184
Total Fees and Other 115,028 0 10,473 125,501
Total Support and Revenue 683,304 (87,151) (404,295) 191,858
Expense
Personnel Costs
Salaries and wages 341,153 0 0 341,153
Taxes and benefits 80,697 0 0 80,697
Total Personnel Costs 421,850 0 0 421,850
Other Operating Costs
Professional fees 132,905 0 0 132,905
Supplies 10,797 0 0 10,797
Telecommunications 4,730 0 0 4,730
Postage and delivery 561 0 0 561
Occupancy 29,974 0 0 29,974
Equpt/software rent and maintenance 147 0 0 147
Printing and publications 3,394 0 0 3,394
Travel 10,046 0 0 10,046
Conference/Meetings/Networking Events 12,847 0 0 12,847
Insurance 12,672 0 0 12,672
Partner stipend 0 0 0 0
Bank charges and interest 713 0 1,726 2,439
Bank charges and interest 0 0 0 0
Dues and l icenses 11,569 0 0 11,569
Staff Recruitment/Development/Training 2,957 0 0 2,957
Miscellaneous 257 0 0 257
Total Other Operating Costs 233,569 0 1,726 235,295
Total Expense 655,419 0 1,726 657,145
Net of Revenue Over Expense Before Grants 27,885 (87,151) (406,021) (465,287)
Restricted Releases ‐ Grants 5,300,000 5,300,000
Grant expense (5,300,000) (5,300,000)
Net of Revenue Over Expense After Grants 27,885 (87,151) (406,021) (465,287)
Building ChangesStatement of Revenues and Expenditures ‐ All Funds (SORE ‐ All)
February 28, 2015
BC Finance & Audit Committee Packet Pg. 74 of 77
Financial Reports Page 6
2015 Annual
Budget
2015 YTD
Actual
2015 YTD
Budget
Over/ (Under)
Budget % Variance
Support and Revenue
Support
Corporations 20,000 3,105 3,333 (228) ‐7%
Foundations/Funds 147,500 54,500 24,583 29,917 122%
Individuals 180,000 3,752 30,000 (26,248) ‐87%
Restricted releases ‐ time 230,000 38,333 38,333 (0) 0%
Restricted releases ‐ purpose 815,114 63,016 135,852 (72,836) ‐54%
Restricted releases ‐ Gates 2,201,789 318,419 366,965 (48,546) ‐13%
Restricted releases ‐ Innovations 377,963 87,151 62,994 24,157 38%
Total Support 3,972,366 568,276 662,061 (93,785) ‐14%
Fees and Other
Consulting fees 241,290 24,524 40,215 (15,691) ‐39%
WFF Service Grant Admin, TA & Eval 321,517 88,126 53,586 34,540 64%
Investment earnings 20,000 2,194 3,333 (1,139) ‐34%
Miscellaneous 0 184 0 184
Total Fees and Other 582,807 115,028 97,135 17,894 18%
Total Support and Revenue 4,555,173 683,304 759,196 (75,892) ‐10%
Expense
Personnel Costs
Salaries and wages 1,970,999 341,153 328,500 12,653 4%
Taxes and benefits 480,036 80,697 80,006 691 1%
Total Personnel Costs 2,451,035 421,850 408,506 13,344 3%
Other Operating Costs
Professional fees 1,179,636 132,905 196,606 (63,701) ‐32%
Supplies/Minor Equipment/Software 116,624 10,797 19,437 (8,640) ‐44%
Telecommunications 28,521 4,730 4,754 (24) 0%
Postage and delivery 11,511 561 1,919 (1,358) ‐71%
Occupancy 176,103 29,974 29,351 624 2%
Equipment rent and repair 27,421 147 4,570 (4,423) ‐97%
Printing and publications 45,313 3,394 7,552 (4,158) ‐55%
Travel 112,890 10,046 18,815 (8,769) ‐47%
Conference/Meetings/Networking Events 143,300 12,847 23,883 (11,036) ‐46%
Insurance 17,000 12,672 2,833 9,839 347%
Partner stipend 60,300 0 10,050 (10,050) ‐100%
Bank charges and interest 10,000 713 1,667 (954) ‐57%
Depreciation 5,000 0 833 (833) ‐100%
Staff Recruitment/Development/Training 61,700 11,569 10,283 1,286 13%
Dues and l icenses 27,610 2,957 4,602 (1,645) ‐36%
Miscellaneous 4,750 257 792 (535) ‐68%
Total Other Operating Costs 2,027,679 233,569 337,947 (104,378) ‐31%
Total Expense 4,478,714 655,419 746,452 (91,033) ‐12%
Net of Revenue Over Expense Before Grants 76,459 27,885 12,743 15,142 119%
Restricted Releases ‐ Grants 5,300,000 883,333 (883,333) ‐100%
Grant expense (5,300,000) (883,333) 883,333 ‐100%
Net of Revenues Over Expenses After Grants 76,459 27,885 12,743 15,142 119%
Building Changes
Statement of Revenues and Expenditures ‐ Operating (SORE‐Ops)
Year‐to‐Date Actual to Budget Comparison
February 28, 2015
BC Finance & Audit Committee Packet Pg. 75 of 77
Financial Reports Page 7
Restricted Releases
Project YTD Actual YTD Budget Variance % Variance
Service Grants Management & Tech Assistance 29,019 3,070 25,949 845%
Systems Innovation Grants Management 57,873 39,204 18,669 48%
Capacity Building 89,372 102,200 (12,828) ‐13%
Evaluation 62,466 102,026 (39,560) ‐39%
Employment 12,001 14,650 (2,649) ‐18%
Racial Disproportionality 17,799 22,593 (4,794) ‐21%
Healthcare 37,135 35,853 1,282 4%
Youth & Young Adult 19,817 24,289 (4,472) ‐18%
Results Based Leadership 47,455 43,472 3,983 9%
Time Restricted 9,167 9,167 ‐ 0%
Communications 38,415 54,946 (16,531) ‐30%
Policy and Advocacy 48,818 29,595 19,223 65%
Exec Dir Discretionary 2,560 4,167 (1,607) ‐39%
Internal RBL 2,560 16,667 (14,107) ‐85%
Internal Capacity Building 18,942 35,552 (16,610) ‐47%
Business Planning 94,167 62,500 31,667 51%
Total Operating 587,566 599,948 (12,382) ‐2%
Systems Innovation Grants
Service Grants
Total 587,566 599,948 (12,382) ‐2%
Professional Fees
Account Name YTD Actual YTD Budget Variance % Variance
Audit/Accounting 3,437 7,000 (3,563) ‐51%
Human Resources/Payroll Services 2,980 8,333 (5,353) ‐64%
Legal 131 2,283 (2,152) ‐94%
Staff/Organizational Development 65,000 66,500 (1,500) ‐2%
Fundraising Support 10,125 10,000 125 1%
Copywriting 750 4,867 (4,117) ‐85%
Graphics Design ‐ 1,067 (1,067) ‐100%
Website Maintenance 1,500 500 1,000 200%
Technology Support 24,081 19,248 4,833 25%
Temporary Services 2,275 ‐ 2,275
Lobbying 5,000 3,708 1,292 35%
Evaluation 8,305 33,000 (24,695) ‐75%
Technical Assistance/Training Consultants 9,250 19,507 (10,257) ‐53%
Other 71 20,592 (20,521) ‐100%
Total 132,905 196,606 (63,701) ‐32%
Project Expense and Funding
Project Name Funding
Actual
Expenses
Surplus/
(Deficit)
WFF Service Grant Administration 29,019 25,234 3,785
Training & TA 10,040 8,730 1,310
Evaluation 62,466 55,551 6,915
Systems Innovation Grants Administration 57,873 50,324 7,549
Capacity Building ‐ Multiple Counties 89,372 77,716 11,656
Racial Disparity 17,799 15,476 2,323
Healthcare 37,135 32,291 4,844
Youth and Young Adults 19,817 17,232 2,585
Fundraising 70,524 44,447 26,077
Communications 38,415 33,404 5,011
Employment 12,001 10,435 1,566
Consulting 24,524 23,912 612
Results Based Leadership 47,455 41,265 6,190
Lobbying ‐ 5,456 (5,456)
Policy and Advocacy 48,818 42,450 6,368
Internal Capacity Building 18,942 16,472 2,470
Internal RBL 2,560 2,226 334
Business Planning 94,167 65,000 29,167
Management & General 2,378 87,796 (85,418)
Total Operating 683,305 655,417 27,888
Grants ‐
Total 683,305 655,417 27,888
Supplemental Information
Building Changes
February 28, 2015
BC Finance & Audit Committee Packet Pg. 76 of 77
Financial Reports Page 8
Actual
Jan to Feb
2015 Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
Beginning Cash Balance 13,698,454 13,645,325 14,763,556 14,356,788 17,455,399 17,003,631 16,421,862 15,920,473 12,838,705 12,256,937 11,755,547 13,698,454
Inflows
Contributions/Annual Fund 61,357 28,614 28,614 28,614 28,614 28,614 28,614 28,614 28,614 28,614 28,614 347,500
Grants ‐ Private 5,000 1,600,000 75,000 3,000,000 130,000 4,805,000
Commerce for Regranting 568,201 ‐ 730,317 1,298,518
Consulting Fees 24,524 20,108 20,108 20,108 20,108 20,108 20,108 20,108 20,108 20,108 20,108 201,075
WFF Service Grant 88,126 80,379 80,379 80,379 241,138
Investment Earnings and Other 12,851 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 16,667
Change in Long‐term Receivables ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
Change in Accounts Receivable (80,836) 100,000 100,000 1,600,000 ‐ ‐ ‐ ‐ ‐ 1,800,000
Total 111,022 1,750,388 225,388 5,298,969 180,388 50,388 130,768 50,388 780,705 130,768 50,388 8,709,897
Outflows
Payroll related expenses 421,850 202,919 202,919 202,919 202,919 202,919 202,919 202,919 202,919 202,919 202,919 2,451,035
Other Operating Expenses 235,295 179,238 179,238 179,238 179,238 179,238 179,238 179,238 179,238 179,238 179,238 2,027,678
Grant Payments ‐ 1,000,000 2,500,000 1,800,000 5,300,000
Change in Accounts Payables 29,935 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
Change in Payroll Expense Payables (11,830) ‐
Change in Grants Payables 688,178 250,000 250,000 818,201 250,000 250,000 250,000 250,000 980,317 250,000 250,000 250,000
Change in Prepaid Expenses (81,045) ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
Total 1,282,383 632,157 632,157 2,200,358 632,157 632,157 632,157 3,132,157 1,362,474 632,157 2,432,157 10,028,713
Ending Cash Balance 12,527,093 14,763,556 14,356,788 17,455,399 17,003,631 16,421,862 15,920,473 12,838,705 12,256,937 11,755,547 9,373,779 12,379,638
Building Changes
Cash Flows with Projection ‐ All Funds
February 28, 2015
BC Finance & Audit Committee Packet Pg. 77 of 77