A Better Way Foundation Abwf Inc
Only null% goes to programs Strong reserves Growing revenue
A Better Way Foundation Abwf Inc is a 501(c)(3) organization based in New Haven, Connecticut, registered in 2000, with $3,422,769 in FY2023 revenue. CharityIndex grades it C+.
142 Temple St Ste 204, New Haven, CT, 06510 EIN 06-1576383 Since 2000
Revenue (FY2023)
$3.4M
▲ 23.3% vs prior year
Mental Health median: $333K
Expenses (FY2023)
$2.3M
Net assets
$3.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A Better Way Foundation Abwf Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating20 mo reserves · +33% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A Better Way Foundation Abwf Inc: 20 mo reserves · +33% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A Better Way Foundation Abwf Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A Better Way Foundation Abwf Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 142 Temple St Ste 204, New Haven, CT, 06510
- City
- New Haven
- State
- Connecticut
- Subcategory
- Alliances, Advocacy & Professional Societies
Financial trends
Revenue grew from $22K (FY2012) to $3.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $71KNet assets $3.8M
Operating margin
32.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.9M
Total liabilities
$71K
Net assets
$3.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,422,769▲23.3% | $2,299,338▲45.3% | $3,844,359▲67.4% | $3,915,799▲40.5% | 990 |
| 2022 | $2,776,809▲110% | $1,582,688▲59.3% | $2,296,940▲108% | $2,787,542▲74.2% | 990 |
| 2021 | $1,320,077▼4.5% | $993,655▼20.6% | $1,102,819▲42.2% | $1,600,367▲106% | 990 |
| 2020 | $1,381,892▲14.4% | $1,252,024▲61.7% | $775,469▲20.1% | $778,048▲20.2% | 990 |
| 2019 | $1,207,975▲45.5% | $774,173▲5.0% | $645,601▲205% | $647,352▲204% | 990 |
| 2018 | $829,997▲54.1% | $737,437▲50.0% | $211,799▲77.6% | $213,168▲67.1% | 990 |
| 2017 | $538,776▲57.2% | $491,609▲67.8% | $119,239▲65.4% | $127,584▲35.7% | 990 |
| 2016 | $342,831▲82.8% | $292,949▲53.6% | $72,072▲541% | $94,040▲278% | 990 |
| 2014 | $187,520▲42.9% | $190,715▲61.5% | $11,242▼22.1% | $24,860▲72.2% | 990EZ |
| 2013 | $131,200▲497% | $118,126▼16.8% | $14,437▲959% | $14,437▲959% | 990EZ |
| 2012 | $21,979 | $141,930▼38.7% | $1,363▼98.9% | $1,363▼98.9% | 990EZ |
| 2011 | — | $231,413 | $121,314 | $121,314 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $2.0M total
32 grants to A Better Way Foundation Abwf Inc totaling $2.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Nellie Mae Education Foundation Inc | Coalitions | 2024 | $183,000 |
| New Venture Fund | Youth development and education | 2024 | $100,000 |
| Greater Hartford Gives Foundation | Community and economic development | 2024 | $35,500 |
| Tides Center | Sustainable environment | 2024 | $25,000 |
| Community Foundation For Greater New Haven | To provide general operating support | 2024 | $20,000 |
| Nellie Mae Education Foundation Inc | Supporting organizations led by people of color | 2023 | $102,000 |
| Nellie Mae Education Foundation Inc | Amplifying youth voices | 2023 | $102,000 |
| Nellie Mae Education Foundation Inc | Partnerships, coalitions and movements | 2023 | $100,000 |
| Greater Hartford Gives Foundation | Capacity building | 2023 | $15,000 |
| William W Backus Hospital | To improve health and well-being, particularly within the black community, by promoting physical activity and healthy eating habits. the program encourages black women to maintain a healthy weight through these means, providing tools and resources to support them. | 2023 | $14,500 |
| Nellie Mae Education Foundation Inc | Supporting organizations led by people of color | 2023 | $12,000 |
| Community Foundation For Greater New Haven | For general support | 2023 | $10,000 |
| Nellie Mae Education Foundation Inc | Coalitions year 2 and inflation support | 2022 | $112,000 |
| Nellie Mae Education Foundation Inc | Hearing youth voices: ayvl grant year 3 and inflation support | 2022 | $112,000 |
| New Venture Fund | Youth development and education | 2022 | $100,000 |
Similar organizations in Mental Health
Mental Health
Keystone House Inc
Norwalk, CT
$3.2M
Bannual revenue
Mental Health
Life Center Inc
Hartford, CT
$3.1M
Bannual revenue
Mental Health
Hartford Communities That Care Inc
Hartford, CT
$3.1M
Bannual revenue
Mental Health
Parents Foundation For Transitional Living Inc
New Haven, CT
$3.1M
Bannual revenue
Mental Health
Pathways Inc
Greenwich, CT
$2.8M
Bannual revenue
- Mental Health
Exchange Events Inc
Kent, CT
$2.7M
Dannual revenue
Mental Health
Greenwoods Counseling Referrals Inc
Litchfield, CT
$2.2M
C+annual revenue
Mental Health
Favor Inc
Wethersfield, CT
$2.2M
Cannual revenue
- Mental Health
Western New England Institute For Psychoanalysis
New Haven, CT
$5.2M
Bannual revenue
- Mental Health
Believe In Me Empowerment Corporation
Woodbridge, CT
$1.6M
C+annual revenue
Compare A Better Way Foundation Abwf Inc
Frequently asked questions
- Is A Better Way Foundation Abwf Inc a legitimate nonprofit?
- Yes. A Better Way Foundation Abwf Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-1576383, based in New Haven, Connecticut. Donations are tax-deductible.
- What is A Better Way Foundation Abwf Inc's EIN?
- A Better Way Foundation Abwf Inc's Employer Identification Number (EIN) is 06-1576383.
- How much revenue does A Better Way Foundation Abwf Inc report?
- A Better Way Foundation Abwf Inc reported $3,422,769 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does A Better Way Foundation Abwf Inc have?
- CharityIndex grades A Better Way Foundation Abwf Inc C+, based on financial health (reserves and operating margin).
More nonprofits in New Haven
Explore more
Data for A Better Way Foundation Abwf Inc (EIN 06-1576383) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.