Invest For Better Inc
- Assets
- $601.4k
- Revenue
- $698.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 12/2006
- Data as of
- 12/2023
- EIN
- 20-3927576
Organization Overview
Invest For Better Inc is located in Oakland, CA. The organization was established in 2006. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Invest For Better 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 12/2023, Invest For Better Inc generated $698.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 57.0% each year . All expenses for the organization totaled $291.7k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO EMPOWER WOMEN IN THE US AND GLOBALLY TO UNDERSTAND THE POWER OF THEIR INVESTMENT ASSETS, LEARN HOW TO ALIGN THEIR INVESTMENTS WITH THEIR SOCIAL AND ENVIRONMENTAL VALUES, AND ACTIVATE THOSE RESOURCES TO MAKE A MORE JUST AND SUSTAINABLE WORLD FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE TRAINED 33 VOLUNTEER CIRCLE LEADERS WHO FACILITATED 20 CIRCLES WITH 165 WOMEN. WE DEVELOPED TWO NEW DEEP DIVE COURSES, CONDUCTED 10 DEEP DIVE CIRCLES WITH 200 REGISTRANTS, AND OFFERED APPROXIMATELY 30 WEBINARS TO 500+ PARTICIPANTS. WE DEVELOPED A 360-DEGREE COMMUNICATION APPROACH TO REACH OVER 5,000 WOMEN ON HOW TO ALIGN THEIR INVESTMENTS WITH THEIR VALUES FOR A MORE JUST AND SUSTAINABLE WORLD.
WE PARTNERED WITH BETTER FINANCE TO REDESIGN, OFFER AND CONDUCT A CLIMATE-FOCUSED INVEST FOR BETTER CURRICULUM IN FOUR EUROPEAN COUNTRIES, SERVING 600 PARTICIPANTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janine Firpo President | OfficerTrustee | 40 | $0 |
Ellen Remmer Secretary And Treasurer | OfficerTrustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $665,440 |
| Noncash contributions included in lines 1a–1f | $1,165 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $665,440 |
| Total Program Service Revenue | $32,708 |
| Investment income | $591 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $698,732 |
| 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 | $120,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,807 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $133,475 |
| Advertising and promotion | $563 |
| Office expenses | $2,537 |
| Information technology | $12,337 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,916 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $354 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $793 |
| All other expenses | $6,499 |
| Total functional expenses | $291,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $543,690 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $57,693 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $41 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $601,424 |
| Accounts payable and accrued expenses | $24,811 |
| 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 | $24,811 |
| Net assets without donor restrictions | $219,281 |
| Net assets with donor restrictions | $357,332 |
| 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 | $601,424 |