Making It Better
- Assets
- $1.2m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 107
- Location
- Houston, TX
- Founding
- 12/2006
- Data as of
- 07/2023
- EIN
- 56-2571141
Organization Overview
Making It Better is located in Houston, TX. The organization was established in 2006. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 07/2023, Making It Better employed 107 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Making It Better 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 07/2023, Making It Better generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $2.9m during the year ending 07/2023. While expenses have increased by 18.7% 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
MAKING IT BETTER TRANSFORMS COMMUNITIES THROUGH LITERACY, LEADERSHIP, AND LIFE SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE 25-WEEK READING INTERVENTION PROGRAM PROVIDES INDIVIDUALIZED, SMALL-GROUP READING TUTORIALS FOR AT-RISK STUDENTS IN GRADES K-2 TO CREATE PROFICIENT READERS BY THE END OF 3RD GRADE. THE 21-WEEK LUNCH BUNCH MENTORING PROGRAM FOR STUDENTS IN GRADES 3-5 AND PARENT PARTNERSHIP PROGRAMS THAT INCLUDE LITERACY-RELATED ACTIVITIES TO ENGAGE AND EDUCATE PARENTS ARE HELD THROUGHOUT THE YEAR. THE READING EXPRESS MOBILE CLASSROOM VISITS LOW-INCOME COMMUNITIES TO PROVIDE READING READINESS PROGRAMMING FOR YOUNG CHILDREN (2 MONTHS TO AGE 4). IT EMPOWERS THEIR PARENTS TO TAKE AN ACTIVE ROLE IN THEIR EDUCATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Schmidt Chair | OfficerTrustee | 2 | $0 |
Jessica Faith Carter Director | Trustee | 2 | $0 |
Jasmine Castleberry Director | Trustee | 2 | $0 |
Fred Charlton Director | Trustee | 2 | $0 |
Giselle Greenwood Director | Trustee | 2 | $0 |
John Haley Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $561,787 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,211,272 |
| Noncash contributions included in lines 1a–1f | $216,731 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,773,059 |
| Total Program Service Revenue | $751,907 |
| Investment income | $5,470 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,240 |
| Net Income from Fundraising Events | -$32,881 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,507,795 |
| 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. | $111,171 |
| Compensation of current officers, directors, key employees. | $27,793 |
| Compensation to disqualified persons | $2,018,703 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $50,637 |
| Payroll taxes | $158,437 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $52,699 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $22,750 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,959 |
| Advertising and promotion | $71,990 |
| Office expenses | $115,451 |
| Information technology | $25,400 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,077 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,640 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,118 |
| All other expenses | $0 |
| Total functional expenses | $2,860,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $492,481 |
| Savings and temporary cash investments | $526,250 |
| Pledges and grants receivable | $96,813 |
| Accounts receivable, net | $232 |
| 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 | $35,806 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $55,121 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,255 |
| Total assets | $1,207,958 |
| Accounts payable and accrued expenses | $56,193 |
| Grants payable | $0 |
| Deferred revenue | $15,800 |
| 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 | $0 |
| Total liabilities | $71,993 |
| Net assets without donor restrictions | $1,039,152 |
| Net assets with donor restrictions | $96,813 |
| 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 | $1,207,958 |