Form 990 for tax year 2023
Filed by THE BETTER LIFE FOUNDATION INC.
Totals
- Total revenue
- $353,051
- Total expenses
- $205,888
- Contributions and grants received
- $14,037
- Grants paid
- $155,500
- Program service revenue
- $0
- Investment income
- $93
- Other revenue
- $338,921
- Total assets, end of year
- $532,207
- Total liabilities, end of year
- $24
- Net assets or fund balances, end of year
- $532,183
- Program services expenses (Part IX)
- $155,500
- Management and general expenses
- $50,388
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $155,500
Program services were 75.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$14,037
-
3 · Investment income
total $93 · excluded $93
-
8a · Fundraising events: gross income
$573,856
-
8b · Fundraising events: direct expenses
$234,935
-
8c · Net income from fundraising events
total $338,921
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $155,500 · program services $155,500
-
11b · Fees: legal
total $10,438 · management and general $10,438
-
11c · Fees: accounting
total $30,000 · management and general $30,000
-
13 · Office expenses
total $205 · management and general $205
-
23 · Insurance
total $1,180 · management and general $1,180
-
24a · Other expenses: STORAGE
total $2,660 · management and general $2,660
-
24b · Other expenses: POSTAGE
total $2,065 · management and general $2,065
-
24c · Other expenses: TELEFONE
total $1,879 · management and general $1,879
-
24d · Other expenses: FILING FEES
total $765 · management and general $765
-
24e · All other expenses
total $1,196 · management and general $1,196
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $323,420 · end of year $470,490
-
2 · Savings and temporary cash investments
beginning of year $61,625 · end of year $61,717
-
17 · Accounts payable and accrued expenses
beginning of year $25 · end of year $24
-
27 · Net assets without donor restrictions
beginning of year $385,020 · end of year $532,183
Mission and programs · 2023
Mission
TO RAISE FUNDS FOR CHILDREN IN NEED OF FOOD, SHELTER, & MEDICAL ASSISTANCE AS WELL AS FOR THE ENHANCEMENT OF CHIDLREN & YOUNG ADULTS WIHT SPECIAL NEEDS.
Activities or mission (Part I)
TO RAISE FUNDS FOR CHILDREN IN NEED OF FOOD, SHELTER, & MEDICAL ASSISTANCE AS WELL AS FOR THE ENHANCEMENT OF CHILDREN & YOUNG ADULTS WITH SPECIAL NEEDS.
-
DONATIONS AND GRANTS TO ORGANIZED CHARITIES IN ACCORDANCE WITH THE ORGANIZATION'S MISSION AND EXEMPT PURPOSE
Expenses $155,500 · Grants $155,500
-
DONATIONS AND GRANTS TO ORGANIZED CHARITIES IN ACCORDANCE WITH THE ORGANIZATION'S MISSION AND EXEMPT PURPOSE
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
BRADLEY K ARNOLD
PREDIENT
- Total calculated
- $0
- Hours/week
- 2
-
CHRISTOPHER L HENDERSON
SECRETARY-TR
- Total calculated
- $0
- Hours/week
- 2
-
MARK D SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
CRISPER STANDFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$27,000
GENERAL SUPPORT
-
$20,000
GENERAL SUPPORT
-
$15,000
GENERAL SUPPORT
-
$15,000
GENERAL SUPPORT
-
$15,000
GENERAL SUPPORT
-
$10,000
GENERAL SUPPORT
-
$10,000
GENERAL SUPPORT
-
$10,000
GENERAL SUPPORT
-
$10,000
GENERAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202433209349322498
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