Better Future Forward Inc
Only null% goes to programs Thin reserves Declining revenue
Better Future Forward Inc is a 501(c)(3) organization based in Alexandria, Virginia, registered in 2017, with $527,625 in FY2023 revenue. CharityIndex grades it D.
7584 Blanford Ct, Alexandria, VA, 22315 EIN 81-4772781 Since 2017
Revenue (FY2023)
$528K
▼ 49.7% vs prior year
Education median: $200K
Expenses (FY2023)
$975K
Net assets
-$165K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Better Future Forward Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -85% 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 Better Future Forward Inc: 0 mo reserves · -85% margin earns a F 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 Better Future Forward Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Better Future Forward Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 7584 Blanford Ct, Alexandria, VA, 22315
- City
- Alexandria
- State
- Virginia
- Category
- Education
- Subcategory
- Student Services & Aid
- Website
- …
Financial trends
Revenue declined from $563K (FY2016) to $528K (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3.0MNet assets -$165K
Operating margin
-84.8%
Spent more than it raised in the latest fiscal year.
Total assets
$2.8M
Total liabilities
$3.0M
Net assets
-$165K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $527,625▼49.7% | $975,268▲29.3% | -$165,080▼146188% | $2,818,128▼18.2% | 990 |
| 2022 | $1,049,778▲45.3% | $754,476▼32.3% | $113▲100% | $3,443,092▲35.9% | 990 |
| 2021 | $722,514▼35.3% | $1,113,700▼6.1% | -$295,189▼407% | $2,533,423▲0.3% | 990 |
| 2020 | $1,116,166▲8.9% | $1,185,946▲25.2% | $95,997▼42.1% | $2,525,619▲2.9% | 990 |
| 2019 | $1,024,718▲5.8% | $946,987▲21.4% | $165,777▲88.3% | $2,454,180▲52.4% | 990 |
| 2018 | $968,370▲115% | $780,251▲76.1% | $88,046▲188% | $1,610,265▲17.9% | 990 |
| 2017 | $450,308▼20.0% | $442,977▼33.9% | -$100,073▲6.8% | $1,365,279▲558% | 990 |
| 2016 | $563,078 | $670,482 | -$107,404 | $207,407 | 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 · $1.9M total
12 grants to Better Future Forward Inc totaling $1.9M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Impactassets Inc | General support | 2024 | $200,000 |
| Community Foundation For Greater New Haven | For general support | 2024 | $17,500 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $300,000 |
| Impactassets Inc | Project on equitable student finance | 2023 | $200,000 |
| World Education Services Inc | Invest in student support grant | 2023 | $100,000 |
| Ecmc Foundation | Education innovation ventures | 2023 | $100,000 |
| Robert R Mccormick Foundation | General operating support | 2023 | $30,000 |
| Community Foundation For Greater New Haven | For general support | 2023 | $10,000 |
| The Chicago Community Trust | In support of the addressing financial impediments initiative, from the searle funds at the chicago community trust | 2022 | $300,000 |
| Ascendium Education Solutions Inc | Grant, build a more equitable student finance system | 2022 | $150,000 |
| Ecmc Foundation | Education innovation ventures | 2018 | $400,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $120,000 |
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Frequently asked questions
- Is Better Future Forward Inc a legitimate nonprofit?
- Yes. Better Future Forward Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-4772781, based in Alexandria, Virginia. Donations are tax-deductible.
- What is Better Future Forward Inc's EIN?
- Better Future Forward Inc's Employer Identification Number (EIN) is 81-4772781.
- How much revenue does Better Future Forward Inc report?
- Better Future Forward Inc reported $527,625 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Better Future Forward Inc have?
- CharityIndex grades Better Future Forward Inc D, based on financial health (reserves and operating margin).
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Data for Better Future Forward Inc (EIN 81-4772781) 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.