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Building Together, Inc.

Rating
Sector:

Community Development

Total
Revenue:

$320,659

Total
Expenses:

$412,391

Net
Assets:

$84,699

Profile Changes

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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 82% 70.6%
General & Admin 12.6% 45%
Fundraising 6.2% 0%
Savings -1% -28.6%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

>50
Yr(s)25-50
<25
<$1m$1m-
$5m
>$5m

Summary

Building Together, Inc. ("Building Together") is a Christian, non-denominational, organization that ministers to the Halifax Court Housing Community of Raleigh. The Ministry's goal is to train local leadership to build for tomorrow - economically, educationally, spiritually, and emotionally. Building Together strives to empower their neighbors to help themselves and others. Many of the Ministry's programs focus on children - believing that today's children are tomorrow's hope. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law.

Contact Information: [ Back to top ]

Mailing Address:1116 N. Blount St.
Raleigh, NC
27604-0334
Website: www.btministries.com
Phone:(919) 834-7626
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 561652351
CEO/President: Mr. Freddy Johnson Tax Deductible: Yes
Chairman: Mr. Craig L. Jackson Fiscal Year End: April 30
Board Size: 8 Financial info from: 990
Founder: Freddy and Helen Johnson Member of ECFA: No
Year Founded: 1989 Member of ECFA since:

Purpose [ Back to top ]

Building Together, Inc. ("Building Together") is a Christian, non-denominational, organization that ministers to the Halifax Court Housing Community of Raleigh. The Ministry's goal is to train local leadership to build for tomorrow - economically, educationally, spiritually, and emotionally. Building Together strives to empower their neighbors to help themselves and others. Many of the Ministry's programs focus on children - believing that today's children are tomorrow's hope.

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law.

Mission Statement [ Back to top ]

Building Together uses the following to express its "Statement of Mission":

Partnering to build a community of neighbors reconciled to God and to each other, we are committed to strengthening the Halifax Community through educational, economic, emotional, and Christian-character development.

Program Accomplishments [ Back to top ]

Education Programs

  • Playing Together: provides a developmental pre-school education for at-risk 3- and 4-year olds.
  • After School Academy: offers discipleship, life skills, homework help, and reading skill development to the students of Hope Elementary School (HES).
  • Camp Hope: provides weekday educational and cultural enrichment during the track-out periods of HES’s year round school.
  • Computer Learning Center: gives hands-on experience to students and young adults to improve computer proficiency and basic academic skills.
  • College Scholarship Fund: provides financial assistance to qualified students active in Building Together youth programs.
  • Tuned In Youth Project: promotes community, cooperation, problem solving, and personal awareness in youth through the production of print and visual media.
Outreach Programs

  • G.E.D. Program: offers weekly graduate equivalency diploma sessions led by qualified Wake Technical Community College instructors.
  • Summer Camp of Women: encourages personal and spiritual growth for women of all ages using a fun, informative format. Out of the Summer Camp for Women came two new endeavors, the Just as I Am Women’s Choir and the Praise Dance Team.
  • Women’s Bible Studies: holds weekly gatherings for spiritual growth and encouragement.
  • Racial Reconciliation: helps Christians cross the dividing walls of racism and prejudice through monthly discussions at supper clubs, a community choir, and annual conferences.
  • Outreach to the Elderly: assists our elderly neighbors through grocery van shuttles and an Adopt-a-Grandparents program.
  • NeighborStore: provides quality pre-owned clothing and household goods at affordable prices January through November.
  • Pride-for-Parents Christmas Store: offers new toys to parents of limited means at a reduced price during the month of December.
  • Haiti Missions: broadens horizons by exposing American churches to the trials and triumphs of Haitian sisters and brothers. Currently BTM’s mission work in Haiti includes three schools (with a total of over 400 students), six churches, several small cottage industries, and a children’s home with 58 young people.
  • Community Assistance: provides inner-city residents referrals to local agencies that can assist them.

    Statement of Faith [ Back to top ]

    Building Together uses the following to express its statement of faith:

    We believe there is one God - eternally existent in three persons; Father, Son, and Holy Spirit.

    We believe in the deity of Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, in His present rule as the Head of the Church, and in His personal return in power and glory.

    We believe that for the salvation of lost and sinful men and women, regeneration by the Holy Spirit is absolutely essential.

    We believe the Bible to be the inspired, the only infallible, authoritative Word of God.

    We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.

    We believe in the resurrection of both the saved and the lost, that they are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.

    We believe in the spiritual unity of believers in our Lord Jesus Christ, with equality across racial, gender, and class differences.

    We believe that living out the Gospel demands the pursuit of justice, reconciliation, and servanthood.

    History [ Back to top ]

    Founded in 1989 by Freddy and Helen Johnson. Building Together is a Christian, non-denominational, non-profit organization that ministers to the Halifax Court Housing Community of Raleigh. The Ministry's goal is to train local leadership to build for tomorrow - economically, educationally, spiritually, and emotionally. Building Together strives to empower their neighbors to help themselves and others. Many of the Ministry's programs focus on children - believing that today's children are tomorrow's hope. Building Together Ministries is totally funded by private individuals, churches, businesses, and foundations. The ministry relies heavily on volunteers and neighbor support. The ministry employs 11 people full time and works with numerous volunteers and neighbors.

    Ministry Needs [ Back to top ]

    BTM asks for people to pray with them about their preschool – for the children’s educational development, for scholarship money for each child, and that the classroom is a peaceful and joyous place for both the children and staff who work and play there.

    Research Analysis

    Transparency Grade [ Back to top ]

    Transparency Grade of : A
    Criteria categoryGradeOther Comments
    Timeliness:100
    Financial Information:90
    Foundational Clarity:
    Level of Cooperation:
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    MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

    Ranking CategoryRatingOverall RankCommunity Development Sector
    Overall Efficiency RatingStarStarStarStar93 of 353    3 of 23
    Fund Acquisition DecisionStarStarStarStarStar1 of 353      1 of 23
    Resource Allocation DecisionStar348 of 353      23 of 23
    Asset Utilization DecisionStarStarStarStarStar24 of 353      1 of 23
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Ministry Statement or Response [ Back to top ]

This organization has not offered MinistryWatch.com with an official statement or response for their profile. This area is meant as a mechanism for the profiled ministry to communicate anything they may choose. It is open ended as to the topic, issues, facts or news to address. It is not negative if there is no official statement as many don’t have anything to add than what is already on the profile. This section is not tied to transparency or to communication in general. Many very open and talkative ministries with us choose not to post an official statement. This section is just an open ended offering to the profiled ministry for anything extra to say as they may choose.

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20082007200620052004
Return on FR Efforts9%0%0%4%12%0%
Fundraising Cost Ratio6%0%0%3%8%0%
Contributions Reliance83%100%100%72%73%0%
Fundraising Expense Ratio6%0%0%2%6%0%
Other Revenue Reliance17%0%0%28%27%0%
Operating RatiosDatabase Average20082007200620052004
Program Expense Ratio81%55%56%84%82%0%
Spending Ratio101%129%130%137%139%0%
Program Output Ratio82%71%72%115%114%0%
Savings Ratio-1%-29%-30%-37%-39%0%
Reserve Accumulation Rate2%-70%-45%-42%-40%0%
General & Admin Ratio13%45%44%14%11%0%
Investing RatiosDatabase Average20082007200620052004
Total Asset Turnover2.62x5.13x2.38x2.55x1.79x0x
Degree of L-T Investment3x1.87x1.25x1.07x1.24x0x
Current Asset Turnover4.92x9.6x2.98x2.73x2.21x0x
Age of Assets9.6yr(s)0.0yr(s)0.0yr(s)16.1yr(s)7.2yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20082007200620052004
Current Ratio117.87x-10.11x-63.04x529.79x304.25x0x
Current Liabilities Ratio.32x-.1x-.02x0x0x0x
Liquid Reserve Level5.67x1.37x4.09x4.39x5.41x0x
Solvency RatiosDatabase Average20082007200620052004
Liabilities Ratio.23x-.05x-.01x0x0x0x
Debt Ratio.06x0x0x0x0x0x
Reserve Coverage Ratio86%32%52%65%70%0%

Financials[ Back to top ]

Balance Sheet
Assets20082007200620052004
Cash$42,971$139,259$195,790$443,668$451,148
Receivables, Inventories & Prepaids$0$0$52,154$59,254$52,154
Short-Term Investments$0$0$0$0$0
Total Current Assets$42,971$139,259$247,944$502,922$503,302
Long-Term Investments$0$0$0$110,000$110,000
Fixed Assets$37,478$34,943$13,587$9,261$316,842
Other Long-Term Assets$0$0$3,550$0$0
Total Long-Term Assets$37,478$34,943$17,137$119,261$426,842
TOTAL ASSETS$80,449$174,202$265,081$622,183$930,144
Liabilities20082007200620052004
Payables & Accrued Expenses($4,250)($2,209)$468$1,653$0
Other Current Liabilities$0$0$0$0$0
Total Current Liabilities($4,250)($2,209)$468$1,653$0
Debt$0$0$0$0$0
Other Long-Term Liabilities$0$0$0$0$0
Total Long-Term Liabilities$0$0$0$0$0
TOTAL LIABILITIES($4,250)($2,209)$468$1,653$0
Assets20082007200620052004
Unrestricted$84,699$176,411$162,829$362,467$578,274
Temporarily Restricted$0$0$101,784$258,063$241,870
Permanently Restricted$0$0$0$0$110,000
NET ASSETS$84,699$176,411$264,613$620,530$930,144
Revenue and Expenses
Revenue20082007200620052004
Total Contributions$320,659$318,726$352,095$584,575$417,147
Program Service Revenue$0$0$131,580$181,217$139,040
Membership Dues$0$0$0$0$0
Investment Income$0$0$8,389$36,153$54,382
Other Revenue$0$0$0$0$0
Total Other Revenue$0$0$139,969$217,370$193,422
TOTAL REVENUE$320,659$318,726$492,064$801,945$610,569
Expenses20082007200620052004
Program Services$226,489$230,886$565,993$916,670$572,777
Management & General$185,902$184,455$95,111$127,055$75,419
Fundraising$0$0$14,783$67,834$31,519
TOTAL EXPENSES$412,391$415,341$675,887$1,111,559$679,715
Change in Net Assets20082007200620052004
SURPLUS (DEFICIT)($91,732)($96,615)($183,823)($309,614)($69,146)
Other Changes in Net Assets$0$0($172,094)$0$0
TOTAL CHANGE IN NET ASSETS($91,732)($96,615)($355,917)($309,614)($69,146)

Functional Expenses [ Back to top ]

Funding Ratios20082007200620052004
Grants & Allocations$0$0$0$330,203$0
Specific Assistance to Individuals$0$0$0$0$0
Benefits Paid To or For Members$0$0$0$0$0
Compensation of Officers, Directors$0$0$0$113,148$91,222
Other Salaries, Wages$265,576$255,038$345,490$265,603$98,404
Pension Plan Contributions$0$500$0$0$0
Other Employee Benefits$24,561$22,073$52,049$0$40,770
Payroll Taxes$19,878$12,026$9,667$0$19,867
Professional Fundraising Fees$0$0$4,270$0$0
Accounting Fees$172$2,111$0$1,015$500
Legal Fees$0$0$0$0$0
Supplies$747$4,305$5,968$14,253$8,388
Telephone$7,034$6,615$5,583$0$0
Postage & Shipping$595$0$1,634$2,118$2,432
Occupancy$57,369$62,170$53,878$0$0
Equipment Rental & Maintenance$1,113$2,005$2,615$0$0
Printing & Publications$1,263$0$4,405$4,961$5,840
Travel$0$164$597$1,767$806
Conferences, Conventions & Meetings$1,136$0$6,101$0$0
Interest$0$0$0$0$0
Depreciation, Depletion etc.$0$0$4,556$9,596$14,745
Other Expenses$32,947$48,334$179,074$368,895$396,741
Total Functional Expenses$412,391$415,341$675,887$1,111,559$679,715