Civic Intelligence

Building Breams Development Inc

EIN 02-0615996 • 501(c)3 • Houston, TX

Profile

The purpose of Building Dreams Development, Inc. (BDD) is to provide affordable housing throughout the United States through a charitable (non-profit) corporate structure. In addition, it is the mission of BDD to eliminate poverty housing and homelessness by providing very low, low and moderate income families with the highest quality of affordable housing through our self-help programs and to provide limited social services - including youth education, after school programs and elderly activities - in conjunction with its ownership of properties. BDD's primary focus is to acquire single and multifamily properties. We will also rehabilitate old and abandoned homes in the distressed communities, provide individual with resources to purchase new homes and give them the chance to learn additional skills that will allow them to obtain better jobs.

PO Box 8450Houston, TX 77288

building-dreams-dev.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2015

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2015

Top Officer Pay

94th percentile

$29,239

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 39.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2015

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$12,849

Up $12,849 from 2014

Liabilities

Flat

$0

Flat from 2014

Net Assets

Up

$12,849

Up $12,849 from 2014

Revenue

Down

$0

Down $74,350 (-100%) from 2014

Expenses

Down

$16,575

Down $57,775 (-78%) from 2014

Net Income

Down

-$16,575

Down $16,575 from 2014

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15K$10K$5.0K$0Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $12,849Liabilities 2015: $0Net Assets 2015: $12,8492015

Highlighted filing

2015

Assets$12,849
Liabilities$0
Net Assets$12,849

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2013: $25,371Expenses 2013: $25,371Net Income 2013: $02013Revenue 2014: $74,350Expenses 2014: $74,350Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $16,575Net Income 2015: -$16,5752015

Highlighted filing

2015

Revenue$0
Expenses$16,575
Net Income-$16,575

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Dec 16, 2016
Return Version
2015v3.0
Gross Receipts
$0
Mission and Program Overview

Mission

The purpose of Building Dreams Development, Inc. (BDD) is to provide affordable housing throughout the United States through a charitable (non-profit) corporate structure. In addition, it is the mission of BDD to eliminate poverty housing and homelessness by providing very low, low and moderate income families with the highest quality of affordable housing through our self-help programs and to provide limited social services - including youth education, after school programs and elderly activities - in conjunction with its ownership of properties. BDD's primary focus is to acquire single and multifamily properties. We will also rehabilitate old and abandoned homes in the distressed communities, provide individual with resources to purchase new homes and give them the chance to learn additional skills that will allow them to obtain better jobs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$78,900$0▼ $78,900
Rtn Earn Endowment Incm Other Fnds$0$12,849▲ $12,849
Prepaid Expenses and Deferred Charges$0$12,849▲ $12,849
Land, Buildings, and Equipment, Net$1,500--
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related-$0-
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Total Assets$80,400$12,849▼ $67,551
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$58,900--
Other Liabilities$21,500--
Grants Payable$0--
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$80,400$0▼ $80,400
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$12,849▲ $12,849
Total Liabilities and Net Assets / Fund Balance$80,400$12,849▼ $67,551
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Telron BradfordExecutive Director OR CEOPT$43,859$43,859
Willie JacksonDirector of Project Management and FundraisingPT$15,041$15,041
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-16,575
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$16,450
Other Expenses$125
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payroll Taxes-$16,450-$16,450
Office Expenses$0$80-$80
Information Technology$0$45-$45
Total Functional Expenses$0$16,575$0$16,575
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

NONE

Form 990, Part VI, Section C, Line 19

NA

Filing and Contact Details

Filer

Filer Name
Building Breams Development Inc
EIN
02-0615996
Phone
2818106769
Address
PO BOX 8450, HOUSTON, TX 77288

Signing Officer

Name
Telron Bradford
Title
President
Phone
2816987045
Signed
2016-12-16

Organization Details

Principal Officer
Tc Bradford
Formed
2001
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
3
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReasonableCauseExplanation/ExplanationTxt0FILED IT BY MAIL THEN I GO A LETTER SAYING I NEED TO FILE THEN THOUGHT IT MUST HAVE GOTTEN LOST SO I AM REFILING
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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