Sixty And Better Inc
- Assets
- $1.2m
- Revenue
- $600.4k
- Investments
- $0.0
- Employees
- 30
- Location
- Fort Worth, TX
- Founding
- 10/1968
- Data as of
- 09/2021
- EIN
- 75-1251339
Organization Overview
Sixty And Better Inc is located in Fort Worth, TX. The organization was established in 1968. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 09/2021, Sixty And Better Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sixty And Better 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 09/2021, Sixty And Better Inc generated $600.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (20.9%) each year. All expenses for the organization totaled $706.2k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (17.8%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWER OLDER ADULTS TO LIVE WITH PURPOSE, INDEPENDENCE AND DIGNITY BY PROVIDING SOCIAL, HEALTH AND NUTRITIONAL SUPPORT AND PROMOTING VOLUNTEER OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH AND WELLNESS EDUCATION: DURING THE 2020-2021 FISCAL YEAR 1221 CLIENTS PARTICIPATED IN EVIDENCE-BASED CLASSES AT SENIOR CENTERS, ADULT CARE FACILITIES AND FAITH COMMUNITIES THROUGHOUT TARRANT COUNTY. THE EVIDENCE-BASED COURSES OFFERED ARE TAI JI QUAN, BINGOCIZE, CHRONIC DISEASE SELF-MANAGEMENT, AND A MATTER OF BALANCE, EACH LASTING 4 8 WEEKS IN LENGTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Becky Orander CEO | Officer | 40 | $90,000 |
Loretta Pequeno Asst. Exec Dir | Officer | 40 | $74,000 |
Nicholas Wanzor CPA President | OfficerTrustee | 2 | $0 |
Michele Ware Secretary | OfficerTrustee | 2 | $0 |
Karen L Ostrander Msn Imm Past Pres. | OfficerTrustee | 2 | $0 |
Tim Lowry Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $47,226 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $331,795 |
| All other contributions, gifts, grants, and similar amounts not included above | $270,544 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $649,565 |
| Total Program Service Revenue | $0 |
| Investment income | $4,839 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$67,980 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $600,407 |
| 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. | $179,259 |
| Compensation of current officers, directors, key employees. | $78,874 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $239,709 |
| Pension plan accruals and contributions | $500 |
| Other employee benefits | $27,053 |
| Payroll taxes | $29,430 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,562 |
| Fees for services: Other | $18,153 |
| Advertising and promotion | $131 |
| Office expenses | $13,738 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $75,420 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,601 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,972 |
| Insurance | $11,065 |
| All other expenses | $8,706 |
| Total functional expenses | $706,236 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $569,215 |
| Savings and temporary cash investments | $309,762 |
| Pledges and grants receivable | $25,915 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $6,622 |
| Net Land, buildings, and equipment | $18,312 |
| Investments—publicly traded securities | $272,152 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,201,978 |
| Accounts payable and accrued expenses | $9,790 |
| 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 | $176,905 |
| Other liabilities | $0 |
| Total liabilities | $186,695 |
| Net assets without donor restrictions | $680,620 |
| Net assets with donor restrictions | $334,663 |
| 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 | $1,201,978 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Sixty And Better Inc has recieved totaling $70,992.
| Awarding Organization | Amount |
|---|---|
The Morris Foundation Fort Worth, TX PURPOSE: HEALTHY LIVING PROGRAM FOR OLDER ADULTS | $60,000 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $10,969 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $23 |
Endowment Analysis
| Beg. Balance | $229,278 |
| Earnings | $42,874 |
| Ending Balance | $272,152 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Emmaus Calling Inc Lakeway, TX | $218,351,213 | $38,962,126 |
White River Area Agency On Aging Inc Batesville, AR | $15,582,718 | $20,715,950 |
Area Agency On Aging Of Southeast Arkansas Inc Pine Bluff, AR | $11,755,382 | $21,544,491 |
Central Arkansas Area Agency On Aging Inc North Little Rock, AR | $17,585,557 | $16,583,289 |
Meals On Wheels San Antonio San Antonio, TX | $27,309,681 | $16,724,194 |
Area Agency On Aging Of Northwest Arkansas Harrison, AR | $12,975,873 | $15,663,536 |
Emmaus Calling Inc Lakeway, TX | $45,836,592 | $11,808,839 |
Area Agency On Aging Of Western Arkansas Inc Fort Smith, AR | $8,584,407 | $13,418,784 |
Family Eldercare Inc Austin, TX | $6,307,205 | $12,221,566 |
East Arkansas Area Agency On Aging Inc Jonesboro, AR | $20,308,969 | $11,870,480 |
Emmaus Calling Inc San Antonio, TX | $26,045,542 | $7,500,722 |
Amarillo Multiservice Center For The Aging Inc Amarillo, TX | $23,928,712 | $11,188,405 |