For Better Tomorrow Inc
- Assets
- $79.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IL
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 46-4316678
Organization Overview
For Better Tomorrow Inc is located in Bloomington, IL. The organization was established in 2014. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. For Better Tomorrow 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 12/2022, For Better Tomorrow Inc generated $39.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $32.1k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
GRANT OPPORTUNITIES TO NONPROFIT ORGANIZATIONS PROVIDING COMMUNITY SERVICES IN A WIDE VARIETY OF AREAS INCLUDING HUMAN SERVICES, EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phani Aytam President | 10 | $0 | |
Raja Ayyapusetty Treasurer | 10 | $0 | |
Hariharan Senthilnathan Secretary | 10 | $0 | |
Venkateswara Rao Mandava Director | 10 | $0 | |
Kathy Weinzierl Director | 10 | $0 | |
Srinivas Shenoy Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,756 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,250 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$6,275 |
| Other Revenue | $9,439 |
| Total Revenue | $39,174 |
| 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 | $300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,308 |
| Total expenses | $32,136 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,437 |
| Other assets | $0 |
| Total assets | $79,088 |
| Total liabilities | $1,000 |
| Net assets or fund balances | $78,088 |