Foundation For A Better Tomorrow Inc
Only null% goes to programs Strong reserves Growing revenue
Foundation For A Better Tomorrow Inc is a 501(c)(3) organization based in Randallstown, Maryland, registered in 2013, with $39,430 in FY2024 revenue. CharityIndex grades it F.
10417 Liberty Rd, Randallstown, MD, 21133 EIN 46-2659347 Since 2013
Revenue (FY2024)
$39K
▼ 23.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$71K
Net assets
$490K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Foundation For A Better Tomorrow 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 rating83 mo reserves · -79% 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 Foundation For A Better Tomorrow Inc: 83 mo reserves · -79% 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 Foundation For A Better Tomorrow 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 Foundation For A Better Tomorrow Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 10417 Liberty Rd, Randallstown, MD, 21133
- City
- Randallstown
- State
- Maryland
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $13K (FY2020) to $39K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $490K
Operating margin
-79.4%
Spent more than it raised in the latest fiscal year.
Total assets
$490K
Total liabilities
$0
Net assets
$490K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $39,430▼23.1% | $70,723▲81.9% | $490,419▼6.0% | $490,419▼6.0% | 990PF |
| 2023 | $51,282▲146% | $38,877▼27.0% | $521,540▲2.4% | $521,540▲2.4% | 990PF |
| 2022 | $20,840▼34.8% | $53,282▲1583% | $509,135▼6.0% | $509,135▼6.0% | 990PF |
| 2021 | $31,947▲153% | $3,166▲4.4% | $541,577▲5.6% | $541,577▲5.6% | 990PF |
| 2020 | $12,629 | $3,032 | $512,751 | $512,751 | 990PF |
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.
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Compare Foundation For A Better Tomorrow Inc
Frequently asked questions
- Is Foundation For A Better Tomorrow Inc a legitimate nonprofit?
- Yes. Foundation For A Better Tomorrow Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-2659347, based in Randallstown, Maryland. Donations are tax-deductible.
- What is Foundation For A Better Tomorrow Inc's EIN?
- Foundation For A Better Tomorrow Inc's Employer Identification Number (EIN) is 46-2659347.
- How much revenue does Foundation For A Better Tomorrow Inc report?
- Foundation For A Better Tomorrow Inc reported $39,430 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Foundation For A Better Tomorrow Inc have?
- CharityIndex grades Foundation For A Better Tomorrow Inc F, based on financial health (reserves and operating margin).
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Data for Foundation For A Better Tomorrow Inc (EIN 46-2659347) 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.