Argentine Betterment Corporation
- Assets
- $815.8k
- Revenue
- $60.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Kansas City, KS
- Founding
- 07/2010
- Data as of
- 12/2022
- EIN
- 27-1406579
Organization Overview
Argentine Betterment Corporation is located in Kansas City, KS. The organization was established in 2010. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Argentine Betterment Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Argentine Betterment Corporation 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 12/2022, Argentine Betterment Corporation generated $60.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.5%) each year. All expenses for the organization totaled $240.6k during the year ending 12/2022. 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
TO IMPROVE THE QUALITY OF LIFE FOR THE RESIDENTS OF THE ARGENTINE NEIGHBORHOODS THROUGH PRESERVATION AND REVITALIZATION OF OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHY CHALLENGE: WYANDOTTE COUNTY IS RANKED NEAR LAST AS 94TH OUT OF 101 COUNTIES IN KANSAS FOR HEALTH. MANY FACTORS INFLUENCE HEALTH AND POOR AND MINORITY FAMILES, LIKE MANY OF THOSE IN ARGENTINE, ARE ESPECIALLY AT RISK BECAUSE THE COMMUNITY LACKS THE RESOURCES TO ENCOURAGE ACTIVITY AND OFTEN LACK SAFE OUTDOOR SPACE FOR KIDS TO PLAY. THROUGH COMMUNITY COLLABORATIONS, ABC AND ITS PARTNERS, HAVE IMPLEMENTED A NUMBER OF WAYS IN WHICH HEALTHY LIFESTYLES FOR ARGENTINE RESIDENTS CAN BE IMPROVED. ABC PROVIDES GROWTH RESOURCES AND ADVOCACY FOR NEIGHBORHOOD GROUPS, YOUT PROGRAMMING, RESIDENTS, BUSINESSES AND INSTITUTIONS TO IMPROVE THE QUALITY OF LIFE FOR OUR COMMUNITY. ABC DOES THIS BY ATTENDING CRUCIAL GOVERNMENT MEETINGS, PARTICIPATING IN DISCUSSIONS ABOUT LOCAL AND REGIONAL CONCERNS AND COMMUNICATING THIS INFORMATION BACK TO ARGENTINE RESIDENTS. THIS IS ACHIEVED BY SCHEUDLING AND ATTENDING LOCAL NEIGHBORHOOD WATCH AND HOMEOWNERS MEETINGS.
COMMUNITY EVENTS: ABC WORKS IN PARTNERSHIP WITH RESIDENTS, BUSINESSES AND INSTITUIONS TO IMPROVE THE QUALITY OF LIFE FOR OUR COMMUNITY THROUGH THREE COMMUNITY ANNUAL EVENTS. SERVE DAY IS THE SPRINGTIME NEIGHBORHOOD COMMUNITY CLEAN-UP SILVER CITY DAY, THE NEIGHBORHOOD PRIDE EVENT AND PARADE ARGENTINE HOLIDAY LIGHTING CEREMONY, WHICH KICKS OFF THE HOLIDAY SEASON FOR THE NEIGHBORHOOD AND PROVIDES HOLIDAY GIFTS TO OVER 350 CHILDREN. THESE EVENTS IMPACT TWO TO FOUR THOUSAND RESIDENTS AND YOUNG PEOPLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Micah King Executive Dir. | Officer | 40 | $86,873 |
Amanda Sebilla Director | Trustee | 40 | $64,305 |
Jennifer Polo President | OfficerTrustee | 5 | $0 |
Leticia Garcia Vice President | Trustee | 0 | $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 | $60,683 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,683 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $60,683 |
| 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. | $151,178 |
| Compensation of current officers, directors, key employees. | $151,178 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,979 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,043 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $4,894 |
| Total functional expenses | $240,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $315,132 |
| Savings and temporary cash investments | $97,042 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,560 |
| 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 | $575 |
| Net Land, buildings, and equipment | $2,354 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $397,169 |
| Total assets | $815,832 |
| Accounts payable and accrued expenses | -$2,514 |
| 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 | $60,395 |
| Total liabilities | $57,881 |
| Net assets without donor restrictions | $705,956 |
| Net assets with donor restrictions | $51,995 |
| 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 | $815,832 |