Initiative For A Better Society
- Assets
- $233.3k
- Revenue
- $47.5k
- Investments
- $227.3k
- Employees
- 0
- Location
- Dover, DE
- Founding
- Data as of
- 12/2022
- EIN
- 87-2940451
Organization Overview
Initiative For A Better Society is located in Dover, DE.
For the year ending 12/2022, Initiative For A Better Society generated $47.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (50.9%) each year.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11 |
| Dividends & Interest | $1,060 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $46,469 |
| Capital Gain Net Income | $46,469 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $47,540 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $234 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,734 |
| Contributions, gifts, grants paid | $3,995 |
| Total expenses and disbursements | $11,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,050 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $233,326 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Initiative For A Better Society has awarded $3,995 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Fremont, CA PURPOSE: GENERAL PURPOSE | $2,890 |
SHALOM PRESCHOOL PURPOSE: GENERAL PURPOSE | $1,000 |
San Carlos, CA PURPOSE: GENERAL PURPOSE | $105 |
View Grant Profile
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