Better Way Inc
- Assets
- $131.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wells, MN
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 81-2510365
Organization Overview
Better Way Inc is located in Wells, MN. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Better Way 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 Way Inc generated $76.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $76.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WE OFFER HELP, HEALING & HOPE FOR WOMEN IN CRISIS. WE ARE IN THE PROCESS OF REHABBING SPACE TO PROVIDE TEMPORARY, TRANSITIONAL HOUSING FOR WOMEN IN EXTREME OR DANGEROUS SITUATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Muhlenbeck President And Ed | 40 | $22,300 | |
James Muhlenbeck Vice President | 2 | $0 | |
Marge Kuethe Treasurer | 2 | $0 | |
Monica Romano Director | 2 | $0 | |
Bill Schuster Director | 2 | $0 | |
Dawn Buschow Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,339 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,731 |
| Other Revenue | $486 |
| Total Revenue | $76,556 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,930 |
| Professional fees and other payments to independent contractors | $896 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $762 |
| Other expenses | $26,237 |
| Total expenses | $76,825 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,262 |
| Other assets | $0 |
| Total assets | $131,263 |
| Total liabilities | $19,900 |
| Net assets or fund balances | $111,363 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Better Way Inc has recieved totaling $12.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
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|---|---|---|
Bi-County Community Action Programs Inc Bemidji, MN | $4,444,331 | $10,197,107 |
District Council Of Madison Inc Society Of St Vincent De Paul Madison, WI | $28,009,040 | $10,756,088 |
Tri County Action Program Inc Waite Park, MN | $7,447,011 | $9,188,205 |
Good Shepherd Home Ltd Seymour, WI | $8,463,620 | $9,263,497 |
Catholic Charities Of The Archdiocese Of Milwaukee Inc Milwaukee, WI | $4,551,488 | $6,483,716 |
Indianhead Community Action Agency Ladysmith, WI | $6,806,545 | $7,146,116 |
Creative Community Options Inc Johnston, IA | $4,592,571 | $10,600,664 |
Minnesota River Area Agency On Aging Inc Mankato, MN | $2,137,697 | $7,668,556 |
Table To Table Food Distribution Network Iowa City, IA | $760,953 | $7,547,315 |
Native American Veterans Assistance Pine Ridge, SD | $3,554,178 | $8,561,228 |
Nexus Diversified Community Services Plymouth, MN | $72,247,234 | $7,466,723 |
Siouxland Human Investment Partnership Inc Sioux City, IA | $5,602,100 | $7,652,226 |