Better Way Detroit
- Assets
- $189.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- Data as of
- 12/2023
- EIN
- 84-4915322
Organization Overview
Better Way Detroit is located in Detroit, MI. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Better Way Detroit 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 12/2023, Better Way Detroit generated $185.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $173.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Mcdermott Treasurer Director | 1 | $0 | |
Father Marko Djonovic Director | 1 | $0 | |
Rosemary Kirt Director | 1 | $0 | |
Rebecca Fifelski President Director | 6 | $0 | |
Nancy Spezia Secretary Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $185,568 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $185,568 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $134,677 |
| Professional fees and other payments to independent contractors | $7,468 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,074 |
| Other expenses | $29,846 |
| Total expenses | $173,065 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $173,453 |
| Other assets | $0 |
| Total assets | $189,852 |
| Total liabilities | $0 |
| Net assets or fund balances | $189,852 |