Americans For A Better Tomorrow Inc
- Assets
- $45.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 08/1994
- Data as of
- 12/2022
- EIN
- 86-0733919
Organization Overview
Americans For A Better Tomorrow Inc is located in Phoenix, AZ. The organization was established in 1994. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Americans For A Better Tomorrow 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 12/2022, Americans For A Better Tomorrow Inc generated $108.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $89.9k during the year ending 12/2022. While expenses have increased by 5.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
AMERICANS FOR A BETTER TOMORROW (AFBT) IS AN AZ NONPROFIT CORPORATION, INCORPORTED MAY 22, 1990. AFBT PROMOTES AND DEVELOPS PROGRAMS FOR INNER CITY CHILDREN AND FAMILIES THAT DEVELOP LIFE SKILLS, BUILD CHARACTER AND BRING HOPE TO THE COMMUNITY. AFBT ENCOURAGES CHILDREN TO LEARN RESPECT FOR AUTHORITY, LEADERSHIP SKILLS, PHYSICAL CONDITIONING AND HOW TO SAY "NO" TO DRUGS, GANGS, ALCOHOL, TOBACCO AND SEX BEFORE MARRIAGE. AFBT IS PRIMARILY SUPPORTED BY PUBLIC CONTRIBUTIONS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,382 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | -$384 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,006 |
| 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 | $6,105 |
| Occupancy, rent, utilities, and maintenance | $26,006 |
| Printing, publications, postage, and shipping | $49 |
| Other expenses | $57,691 |
| Total expenses | $89,851 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,642 |
| Other assets | $0 |
| Total assets | $44,967 |
| Total liabilities | $1,674 |
| Net assets or fund balances | $43,293 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Americans For A Better Tomorrow Inc has recieved totaling $106.
| Awarding Organization | Amount |
|---|---|
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $6 |
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