Betterhumans Inc
- Assets
- $1.8m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 6
- Location
- Gainesville, FL
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 30-0930151
Organization Overview
Betterhumans Inc is located in Gainesville, FL. The organization was established in 2016. According to its NTEE Classification (H83) the organization is classified as: Alzheimers Disease Research, under the broad grouping of Medical Research and related organizations. As of 12/2021, Betterhumans Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Betterhumans Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Betterhumans Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 62.6% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 68.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SCIENTIFIC RESEARCH, PRIMARILY FOCUSED ON AGING RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCIENTIFIC RESEARCH, PRIMARILY FOCUSED ON AGING RESEARCH.
SCIENTIFIC RESEARCH, PRIMARILY FOCUSED ON AGING RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Clement Director, Pr | Officer | 40 | $35,000 |
James Gibbons Director | Officer | $0 | |
Travis Christofferson Director | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $2,226,660 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,609 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,254,269 |
| Total Program Service Revenue | $0 |
| Investment income | $16 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,254,285 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $35,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $213,424 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,750 |
| Payroll taxes | $21,056 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $52,630 |
| Fees for services: Accounting | $5,010 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $922,457 |
| Advertising and promotion | $34,905 |
| Office expenses | $1,615 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,130 |
| Travel | $997 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,787 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $171,597 |
| Insurance | $8,164 |
| All other expenses | $0 |
| Total functional expenses | $1,519,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,213 |
| Savings and temporary cash investments | $158,820 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,600 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,484,807 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,312 |
| Total assets | $1,778,752 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,778,752 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,778,752 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Betterhumans Inc has recieved totaling $1,500,213.
| Awarding Organization | Amount |
|---|---|
East Texas Communties Foundation Inc Tyler, TX PURPOSE: Research | $1,500,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $213 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rheumatology Research Foundation Atlanta, GA | $70,647,398 | $7,906,919 |
Research Triangle Foundation Of North Carolina Research Triangle Park, NC | $210,917,305 | $40,089,804 |
Diabetes Research Institute Foundation Inc Hollywood, FL | $35,361,806 | $13,874,959 |
Memphis Bioworks Foundation Memphis, TN | $6,047,652 | $238,794 |
Foundation For Atlanta Veterans Education And Research Inc Decatur, GA | $10,222,891 | $13,848,947 |
Johnston-Lee-Harnett Community Action Incorporated Smithfield, NC | $2,342,060 | $13,580,773 |
Empowerment Resource Center Inc Atlanta, GA | $7,163,867 | $11,556,811 |
American College Of Endocrinology Inc Jacksonville, FL | $6,652,790 | $7,508,958 |
Cure Childhood Cancer Inc Atlanta, GA | $4,112,651 | $8,053,096 |
International Society On Thrombosis And Haemostasis Inc Carrboro, NC | $25,182,348 | $9,872,487 |
Roskamp Institute Inc Sarasota, FL | $9,416,640 | $7,403,056 |
Dolphins Cycling Challenge Inc Miami Gardens, FL | $2,087,830 | $8,010,731 |