A Better Chance In Lower Merion Inc

Organization Overview

A Better Chance In Lower Merion Inc is located in Ardmore, PA. The organization was established in 1973. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, A Better Chance In Lower Merion Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Better Chance In Lower Merion 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 06/2023, A Better Chance In Lower Merion Inc generated $425.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.3% each year . All expenses for the organization totaled $311.8k during the year ending 06/2023. While expenses have increased by 14.4% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE BETTER LEARNING OPPORTUNITIES AND ATMOSPHERE FOR HIGH SCHOOL STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE HOUSING FOR 8 - 10 HIGH SCHOOL STUDENTS IN ORDER FOR THEM TO RECEIVE BETTER LEARNING OPPORTUNITIES IN A BETTER ATMOSPHERE.


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Board, Officers & Key Employees

Name (title)Compensation
Steve Holstad
Board Member
$0
Jane Alavi
Board Member
$0
Paul Elcock
Board Member
$0
John Emery
Board Member
$0
Deashawn Goddard
Board Member
$0
Paula Singer
Board Member
$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$396,441
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$396,441
Total Program Service Revenue$0
Investment income $28,704
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $425,145

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