Better Education Institute Inc
- Assets
- $3.9k
- Revenue
- $30.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Cranford, NJ
- Founding
- 09/2013
- Data as of
- 12/2021
- EIN
- 46-0534440
Organization Overview
Better Education Institute Inc is located in Cranford, NJ. The organization was established in 2013. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Better Education Institute 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 12/2021, Better Education Institute Inc generated $30.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (44.1%) each year. All expenses for the organization totaled $97.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Better Education Institute Inc has awarded 15 individual grants totaling $548,699. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David A Tepper President, Trustee | 2 | $0 | |
Lawrence Rogers Treasurer, Trustee | 10 | $0 | |
Shelley Skinner Vice President | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lowenstein Sandler Legal | 12/30/15 | $529,594 |
Snyder Pickerill Digitgal And Radio Advertising And Media | 12/30/15 | $312,216 |
Rally Issue Advocacy | 12/30/15 | $114,655 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,000 |
| Interest on Savings | $3 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,003 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $37,326 |
| Travel, conferences, and meetings | $320 |
| Printing and publications | $0 |
| Other expenses | $42,305 |
| Total operating and administrative expenses | $97,251 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $97,251 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,929 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,929 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Better Education Institute Inc has awarded $55,100 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NEW JERSEY TOGETHER INC PURPOSE: GENERAL UNRESTRICTED | $37,500 |
PARENTS ENGAGING PARENTS PURPOSE: GENERAL UNRESTRICTED | $16,600 |
RONALD MCDONALD HOUSE PURPOSE: GENERAL UNRESTRICTED | $1,000 |