Better & Faster Together Foundation
- Assets
- $8.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gloucester, MA
- Founding
- Data as of
- 12/2021
- EIN
- 85-2520086
Organization Overview
Better & Faster Together Foundation is located in Gloucester, MA. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Better & Faster Together Foundation 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 & Faster Together Foundation generated $14.8k in total revenue. All expenses for the organization totaled $6.3k during the year ending 12/2021. While expenses have increased by 226.6% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HAS NOT YET COMMENCED FULL PROGRAMS, AS THE ORGANIZATION WAS FORMED IN 2019 AND PROGRAMS ARE STILL BEING DEVELOPED. HOWEVER, THE THE ORGANIZATION HAS ESTABLISHED A WEBSITE, AVAILABLE TO THE PUBLIC, WHICH PROVIDES BASIC INFORMATION ON THE PROGRAMS CURRENTLY IN THE DEVELOPMENT STAGE AS WELL AS NARRATIVES ON THE TOPICS OF FOCUS OF THE ORGANIZATION - SPORTS, SPECIFICALLY SKIING - FOR YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stuart Abelson President, Director | 0 | $0 | |
Jennifer Bott Treasurer, Director | 0 | $0 | |
Marina Ann Pappas Director | 0 | $0 | |
Barbara T Schneider Director | 0 | $0 | |
Krista Crabtree Clerk, Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,755 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,755 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,637 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $658 |
| Total expenses | $6,295 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,460 |
| Other assets | $0 |
| Total assets | $8,460 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,460 |
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