A BETTER CHANCE INC

As filed

Subsection

03

Classification

1200

Street

253 W 35TH STREET 15TH FLOOR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• SINCE 1963, A BETTER CHANCE HAS ACCOMPLISHED ITS MISSION BY NATIONALLY RECRUITING, PLACING AND PROVIDING SUPPORT TO A COMMUNITY OF 1,500 ACADEMICALLY TALENTED YOUTH THROUGH ITS SIGNATURE COLLEGE PREPARATORY SCHOOLS PROGRAM. OUR SUCCESS IS EVIDENT IN THE OVER 20,000ALUMNI WHO HAVE BECOME GREAT INNOVATORS, THINKERS AND LEADERS IN THEIR RESPECTIVE FIELDS. IN 2024, A BETTER CHANCE ACHIEVED 250 PLACEMENTS FROM A POOL OF 455 AND SAW NEARLY 100% OF GRADUATING HS SCHOLARS ENROLLING IN COLLEGE (SEE SCHEDULE O FOR DETAILS).THE ORGANIZATION HOSTED VIRTUAL SCHOOL FAIRS AT WHICH 120 OF OUR 200 MEMBER SCHOOLS PARTICIPATED. AN IN-PERSON MEMBER SCHOOL FAIR WAS HOSTED IN ATLANTA AT WHICH 35 MEMBER SCHOOL PARTICIPATED. THE ORGANIZATION ALSO LED VIRTUAL ADMISSIONS AND FINANCIAL AID WORKSHOPS, VIRTUAL INTERVIEW DAYS AND OUR SIGNATURE SUMMER LEADERSHIP ACADEMY (SLA), WHICH HELPS FAMILIES BETTER NAVIGATE AND UNDERSTAND THE APPLICATION, ACCEPTANCE AND PLACEMENT PROCESS. 103 MIDDLE SCHOOL AND 110 HIGH SCHOOL STUDENTS ACCEPTED BY A BETTER CHANCE FOR PLACEMENT PARTICIPATED IN SLA.

  Expenses $3,899,526 · Grants $204,087 · Revenue $271,452

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $3,888,973

  Expenses

  $5,720,777

  Contributions

  $2,850,118

  Grants paid

  $204,087

• 2023

  Revenue

  $3,925,306

  Expenses

  $5,542,974

  Contributions

  $3,229,649

  Grants paid

  $176,995

• 2022

  Revenue

  $5,417,712

  Expenses

  $4,984,438

  Contributions

  $4,701,239

  Grants paid

  $113,714

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $6,340,111

  Expenses

  $4,087,658

  Assets (EOY)

  $16,472,167

• 2020 · 990

  Revenue

  $5,220,359

  Expenses

  $3,985,821

  Assets (EOY)

  $14,248,883

• 2019 · 990

  Revenue

  $3,658,243

  Expenses

  $4,986,248

  Assets (EOY)

  $12,684,460

• 2018 · 990

  Revenue

  $3,791,237

  Expenses

  $4,350,199

  Assets (EOY)

  $11,797,820

• 2017 · 990

  Revenue

  $4,395,087

  Expenses

  $4,470,862

  Assets (EOY)

  $13,572,226

• 2014 · 990

  Revenue

  $2,859,224

  Expenses

  $4,101,583

  Assets (EOY)

  $15,772,743

• 2013 · 990

  Revenue

  $5,201,599

  Expenses

  $4,201,984

  Assets (EOY)

  $17,447,547

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $4,127,625

  Assets (EOY)

  $15,962,382

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $4,127,625

  Assets (EOY)

  $15,962,382

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• AMERICAN ONLINE GIVING FOUNDATION INC

  $446,900

  2023 · GENERAL SUPPORT

• AMERICAN ONLINE GIVING FOUNDATION INC

  $434,704

  2022 · GENERAL SUPPORT

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $351,601

  2024 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $149,251

  2023 · For grant recipient's exempt purposes

• GOLDMAN SACHS CHARITABLE GIFT FUND

  $125,000

  2024 · SCHOLARSHIPS & FINANCIAL AID

• GOLDMAN SACHS CHARITABLE GIFT FUND

  $110,000

  2023 · SCHOLARSHIPS & FINANCIAL AID

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $107,326

  2022 · For grant recipient's exempt purposes

• AMERICAN ONLINE GIVING FOUNDATION INC

  $75,421

  2024 · GENERAL SUPPORT

• DONOR ADVISED CHARITABLE GIVING

  $69,500

  2024 · EDUCATION

• THE AYCO CHARITABLE FOUNDATION

  $68,500

  2024 · COMMUNITY & HUMAN SERVICES

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files