Better World Fund
- Assets
- $555.6k
- Revenue
- $304.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Tucson, AZ
- Founding
- 01/2011
- Data as of
- 06/2022
- 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 06/2022, Better World Fund employed 3 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 06/2022, Better World Fund generated $304.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $305.6k during the year ending 06/2022. While expenses have increased by 4.1% per year over the past 7 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
2022
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 |
|---|---|---|---|
Norman Kalina Treasurer | OfficerTrustee | 5 | $0 |
John Dalton Jr President | OfficerTrustee | 5 | $0 |
Steve Powers Secretary | OfficerTrustee | 2 | $0 |
Richard Dodge Director | Trustee | 2 | $0 |
Jake Martin Director | Trustee | 2 | $0 |
Nicole Gilbert-Davidson Vice President Education | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $160 |
| Related organizations | $0 |
| Government grants | $12,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,326 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,486 |
| Total Program Service Revenue | $0 |
| Investment income | $657 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$29 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $292,423 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $304,520 |
| 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 | $104,843 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,803 |
| Payroll taxes | $8,054 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,965 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $464 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,901 |
| Office expenses | $4,896 |
| Information technology | $5,208 |
| Royalties | $0 |
| Occupancy | $83,541 |
| Travel | $20 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $917 |
| Interest | $0 |
| Payments to affiliates | $47,678 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,945 |
| All other expenses | $10,642 |
| Total functional expenses | $305,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $266,046 |
| Savings and temporary cash investments | $75,030 |
| 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 | $191,743 |
| Prepaid expenses and deferred charges | $1 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $21,658 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,100 |
| Total assets | $555,578 |
| Accounts payable and accrued expenses | $37,401 |
| 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 | $116,700 |
| Other liabilities | $0 |
| Total liabilities | $154,101 |
| 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 | $401,477 |
| Total liabilities and net assets/fund balances | $555,578 |
Endowment Analysis
| Beg. Balance | $26,352 |
| Earnings | -$3,045 |
| Admin Expense | $464 |
| Ending Balance | $22,843 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Better World Fund Tucson, AZ | $555,578 | $304,520 |
United Nations Association Of San Diego International Gift Shop Inc San Diego, CA | $56,988 | $71,990 |
Better World Fund Palo Alto, CA | $154,234 | $89,035 |
United Nations Association Of San Diego San Diego, CA | $23,470 | $0 |
Better World Fund Palo Alto, CA | $17,540 | $0 |