Better World Fund
- Assets
- $393.0k
- Revenue
- $308.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Tucson, AZ
- Founding
- 01/2011
- Data as of
- 06/2023
- EIN
- 23-7181922
Organization Overview
Better World Fund is located in Tucson, AZ. The organization was established in 2011. According to its NTEE Classification (Q42) the organization is classified as: United Nations Associations, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2023, Better World Fund employed 4 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Better World Fund 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, Better World Fund generated $308.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $331.3k during the year ending 06/2023. While expenses have increased by 4.7% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATIONAL SERVICES AND INFORM THE PUBLIC ABOUT THE UNITED NATIONS AND HOW IT FUNCTIONS IN A NON-POLITICAL WAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION CENTER, GIFT SHOP AND PROGRAM SERVICE REVENUES PROVIDE EDUCATIONAL SERVICES TO INFOMR THE PUBLIC ABOUT THE UNITED NATIONS AND HOW IT FUNCTIONS IN A NON-POLITICAL FASHION. DONATIONS TO UN CHARITIES WITH PROFIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Zaccaria Director | Trustee | 2 | $0 |
Carolyn Donges Director | Trustee | 2 | $0 |
Linda Mount Director | Trustee | 2 | $0 |
Richard Dodge Director | Trustee | 2 | $0 |
Ron Desouza Officer Education | OfficerTrustee | 2 | $0 |
Suzanne Morrison Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,475 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,475 |
| Total Program Service Revenue | $0 |
| Investment income | $1,231 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $74 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $306,100 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $308,880 |
| 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 | $0 |
| 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 | $115,024 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,680 |
| Payroll taxes | $8,944 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,887 |
| Office expenses | $2,810 |
| Information technology | $2,237 |
| Royalties | $0 |
| Occupancy | $77,020 |
| Travel | $10 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $61,033 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,604 |
| All other expenses | $16,070 |
| Total functional expenses | $331,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,064 |
| Savings and temporary cash investments | $75,515 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $178,599 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $20,702 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,100 |
| Total assets | $392,980 |
| Accounts payable and accrued expenses | $31,108 |
| 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 | $24,706 |
| Other liabilities | $0 |
| Total liabilities | $55,814 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $337,166 |
| Total liabilities and net assets/fund balances | $392,980 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Better World Fund Tucson, AZ | $392,980 | $308,880 |
United Nations Association Of San Diego International Gift Shop Inc San Diego, CA | $81,496 | $143,772 |
Better World Fund Palo Alto, CA | $190,452 | $84,248 |
Military Power Sources Consortium Golden, CO | $145,363 | $0 |
United Nations Association Of San Diego San Diego, CA | $23,470 | $0 |
Better World Fund Palo Alto, CA | $15,656 | $0 |