Better Life Foundation Inc
- Assets
- $7.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carmichael, CA
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 37-1820255
Organization Overview
Better Life Foundation Inc is located in Carmichael, CA. The organization was established in 2016. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Better Life Foundation 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, Better Life Foundation Inc generated $66.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $64.2k during the year ending 12/2021. While expenses have increased by 18.2% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
RAISED MONEY FOR DR. TUSCANO RESEARCH FUND AT THE UC DAVIS COMPREHENSION CANCER CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Loel Heupel President & CEO | 5 | $0 | |
James Scheller Vice President | 2 | $0 | |
Robert Brady Treasurer | 1 | $0 | |
Robert Cook Director | 1 | $0 | |
Monica Heupel Director | 2 | $0 | |
Lynn Brady Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,743 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $28,733 |
| Other Revenue | $0 |
| Total Revenue | $66,476 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,778 |
| Total expenses | $64,178 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,550 |
| Other assets | $0 |
| Total assets | $7,550 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,550 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Better Life Foundation Inc has recieved totaling $9,880.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,380 |
Carlsen Muir Family Foundation Folsom, CA PURPOSE: MISSION OF THE ORGANIZATION: THE MISSION OF THE BETTER LIFEFOUNDATION IS TO IMWOVE THE LIVES OF THOSE AFFECTED WITH BLOOD CANCERS BY FUNDING RESEARCH AND EDUCATIONAL PROGRAMS. THE F OUNDATION IS BASED IN CARMICHAEL, CALIFORNIA | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wings For Life Usa - Spinal Cord Research Foundation Inc Santa Monica, CA | $6,609,538 | $4,978,629 |
Foundation For Research Carson City, NV | $164,068,419 | $4,402,154 |
Runx1 Foundation Santa Barbara, CA | $3,085,064 | $5,336,089 |
Psfc Santa Cruz, CA | $8,888,871 | $6,472,995 |
Kure It Inc Irvine, CA | $825,809 | $1,330,675 |
Harold Pump Foundation Sherman Oaks, CA | $580,879 | $1,396,694 |
The Weil Foundation Tucson, AZ | $2,417,436 | $1,895,509 |
Cancer Awareness Through Research And Education Association Carefree, AZ | $148,453 | $969,135 |
Shoot For A Cure North Hollywood, CA | $399,457 | $878,758 |
Arrowhead Regional Medical Center Foundation Colton, CA | $2,669,831 | $937,166 |
Castleman Disease Collaborative Network Paso Robles, CA | $2,064,859 | $788,631 |
A Foundation Building Strength Inc Palo Alto, CA | $1,820,254 | $1,126,904 |