Network For Better Futures

Organization Overview

Network For Better Futures is located in Minneapolis, MN. The organization was established in 2007. According to its NTEE Classification (I40) the organization is classified as: Rehabilitation Services for Offenders, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2023, Network For Better Futures employed 139 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Network For Better Futures 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, Network For Better Futures generated $4.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $3.6m during the year ending 12/2023. While expenses have increased by 2.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

BETTER FUTURES FUELS A MAN'S DESIRE TO TURN HIS LIFE AROUND AND WALK A NEW PATH TOWARD BETTER HEALTH AND SUCCESS. IT ALSO AIMS TO CHANGE THE COSTLY PRACTICES THAT PRODUCE POOR RESULTS AND PERPETUATE CYCLES OF DEPENDENCY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR INTEGRATED CARE TEAM (ICT) UNDERSTANDS REINTEGRATION IS ESSENTIAL FOR PARTICIPANT SUCCESS. WE STRIVE TO BUILD HEALTHY COMMUNITIES BY WALKING ALONGSIDE PARTICIPANTS TO HELP IMPROVE HEALTH AND WELLNESS, EMOTIONAL INTELLIGENCE, AND COMMUNITY/FAMILY REUNIFICATION. OUR MENTORSHIP AND COACHING MODEL IS CENTERED AROUND A PARTICIPANT'S INDIVIDUALIZE PROSPERITY PLAN. SINCE ITS FOUNDING IN 2007, BETTER FUTURES MN (BFM) HAS SERVED OVER 1,300 MEN OF DIVERSE BACKGROUNDS WITH UNIQUE CHALLENGES AND NEEDS. THE POPULATION WE SERVE IS OFTEN OVERLOOKED AND DISCRIMINATED AGAINST DUE TO THE STIGMA OF HAVING A CRIMINAL RECORD. SEE SCHEDULE O FOR ADDITIONAL PROGRAM LANGUAGE.WE EMBRACE THESE MEN AND HELP THEM FIND A BETTER PATH FORWARD. ADDRESSING SYSTEMIC POVERTY AND STRUCTURAL RACISM AND PROMOTING DIVERSITY, EQUITY, AND INCLUSION IS WOVEN INTO EVERY ASPECT OF OUR ORGANIZATIONBY PROVIDING ACCESS TO TRAINING, ON THE JOB TRAINING AND EMPLOYMENT, PHYSICAL AND BEHAVIORAL HEALTH CARE, AND A VIBRANT, SUPPORTIVE COMMUNITY FOR AT-RISK BLACK MEN, BFM HOPES TO PRODUCE BENEFICIAL LONG-TERM OUTCOMES NOT ONLY FOR THE MEN, BUT FOR THEIR FAMILIES AND COMMUNITIES AS WELL. THE SOCIAL ENTERPRISE DIVISION OF BFM LEADS ALL TRAININGS, CERTIFICATION, ON-THE JOB-TRAINING AND EMPLOYMENT FOR THE MEN WE SERVE. BFM IS VERY INTENTIONAL ABOUT CELEBRATING GROWTH AS MEN ACHIEVE GOALS, COMPLETE CERTIFICATIONS, AND TRAININGS, AND DEMONSTRATE CONSISTENCY AND DEDICATION AT WORK. THE MEN ALSO ENGAGE IN COMMUNITY MEETINGS TWICE A WEEK, WHERE THEY BOND WITH OTHER MEN, DISCUSS ISSUES THEY MIGHT BE FACING AND LEARN FROM GUEST SPEAKERS WHO HELP FACILITATE GROWTH, HEALING, AND SUPPORT.SINCE ITS FOUNDING IN 2007, BETTER FUTURES MN (BFM) HAS SERVED OVER 1,300 MEN OF DIVERSE BACKGROUNDS WITH UNIQUE CHALLENGES AND NEEDS. THE POPULATION WE SERVE IS OFTEN OVERLOOKED AND DISCRIMINATED AGAINST DUE TO THE STIGMA OF HAVING A CRIMINAL RECORD. WE EMBRACE THESE MEN AND HELP THEM FIND A BETTER PATH FORWARD. ADDRESSING SYSTEMIC POVERTY AND STRUCTURAL RACISM AND PROMOTING DIVERSITY, EQUITY, AND INCLUSION IS WOVEN INTO EVERY ASPECT OF OUR ORGANIZATIONBY PROVIDING ACCESS TO TRAINING, ON THE JOB TRAINING AND EMPLOYMENT, PHYSICAL AND BEHAVIORAL HEALTH CARE, AND A VIBRANT, SUPPORTIVE COMMUNITY FOR AT-RISK BLACK MEN, BFM HOPES TO PRODUCE BENEFICIAL LONG-TERM OUTCOMES NOT ONLY FOR THE MEN, BUT FOR THEIR FAMILIES AND COMMUNITIES AS WELL. THE SOCIAL ENTERPRISE DIVISION OF BFM LEADS ALL TRAININGS, CERTIFICATION, ON-THE JOB-TRAINING AND EMPLOYMENT FOR THE MEN WE SERVE. BFM IS VERY INTENTIONAL ABOUT CELEBRATING GROWTH AS MEN ACHIEVE GOALS, COMPLETE CERTIFICATIONS, AND TRAININGS, AND DEMONSTRATE CONSISTENCY AND DEDICATION AT WORK. THE MEN ALSO ENGAGE IN COMMUNITY MEETINGS TWICE A WEEK, WHERE THEY BOND WITH OTHER MEN, DISCUSS ISSUES THEY MIGHT BE FACING AND LEARN FROM GUEST SPEAKERS WHO HELP FACILITATE GROWTH, HEALING, AND SUPPORT." OUR INTEGRATED CARE TEAM (ICT) UNDERSTANDS REINTEGRATION IS ESSENTIAL FOR PARTICIPANT SUCCESS. WE STRIVE TO BUILD HEALTHY COMMUNITIES BY WALKING ALONGSIDE PARTICIPANTS TO HELP IMPROVE HEALTH AND WELLNESS, EMOTIONAL INTELLIGENCE, AND COMMUNITY/FAMILY REUNIFICATION. OUR MENTORSHIP AND COACHING MODEL IS CENTERED AROUND A PARTICIPANT'S INDIVIDUALIZE PROSPERITY PLAN. IN 2022 OUR RECIDIVISM RATE WAS 8% FOR PARTICIPANTS WHO COMPLETED AT LEAST A YEAR IN THE MODEL.


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Board, Officers & Key Employees

Name (title)Compensation
Charles Bradley
Secretary
$0
Simon Shannon
Director
$0
J Alex Frank
Chair
$1,442
Heather Mccants
Director
$0
Jeff Ettinger
Director
$0
Mark Borman
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Aaa Labor
Temp Labor
$157,848
Cliftonlarsonallen
Accounting
$155,476
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,549,455
All other contributions, gifts, grants, and similar amounts not included above$722,594
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,272,049
Total Program Service Revenue$2,106,896
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 $4,462,235

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