Foundation For A Better World Inc
Only null% goes to programs Strong reserves Growing revenue
Foundation For A Better World Inc is a 501(c)(3) organization based in Marietta, Georgia, registered in 2013, with $38,256,280 in FY2024 revenue. CharityIndex grades it B.
1282 Timberland Dr Se, Marietta, GA, 30067 EIN 46-2385457 Since 2013
Revenue (FY2024)
$38.3M
▼ 19.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$3.8M
Net assets
$246.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 World Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating772 mo reserves · +90% 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 World Inc: 772 mo reserves · +90% margin earns a B+ 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 World 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 Foundation For A Better World Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1282 Timberland Dr Se, Marietta, GA, 30067
- City
- Marietta
- State
- Georgia
- Subcategory
- Private Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $450K (FY2015) to $38.3M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $246.8M
Operating margin
90.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$246.8M
Total liabilities
$0
Net assets
$246.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $38,256,280▼19.0% | $3,837,655▲2.9% | $246,789,829▲4.9% | $246,789,829▲4.9% | 990PF |
| 2023 | $47,243,255▲28.4% | $3,728,152▲37.3% | $235,351,588▲9.6% | $235,351,588▲9.6% | 990PF |
| 2022 | $36,797,029▲480% | $2,714,813▼65.0% | $214,785,908▲28.1% | $214,785,908▲28.1% | 990PF |
| 2021 | $6,349,362▼90.9% | $7,767,239▲67.0% | $167,606,354▲29.2% | $167,606,554▲29.2% | 990PF |
| 2020 | $69,672,559▲459% | $4,650,506▼34.7% | $129,774,347▼16.6% | $129,774,547▼16.6% | 990PF |
| 2019 | $12,453,725▲29.1% | $7,126,747▲1.5% | $155,648,586▲10.9% | $155,648,586▲10.9% | 990PF |
| 2018 | $9,646,377▼94.7% | $7,018,046▲798% | $140,387,179▼22.4% | $140,387,179▼22.4% | 990PF |
| 2017 | $181,253,395▲30268% | $781,643▲153% | $180,835,519▲49612% | $180,835,519▲49612% | 990PF |
| 2016 | $596,852▲32.6% | $309,409▼56.7% | $363,767▲377% | $363,767▲377% | 990PF |
| 2015 | $450,022 | $714,231 | $76,324 | $76,324 | 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.
Leadership & compensation (FY2024)
Highest-paid: Kevin Chrisco — $70,542 (1.84% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kevin Chrisco | Program Assistant | 40 | $70,542 |
| Isabel Cadena | Program Coordinator | 40 | $59,500 |
| Adam Hoffman | President | 25 | — |
| Gregory Claugus | Director | 1 | — |
| Melissa Claugus | Director / Secretary | 1 | — |
| Michael Claugus | Director | 1 | — |
| Thomas Claugus | Director / Vice President | 1 | — |
| Thomas Claugus II | Director / Treasurer | 1 | — |
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Frequently asked questions
- Is Foundation For A Better World Inc a legitimate nonprofit?
- Yes. Foundation For A Better World Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-2385457, based in Marietta, Georgia. Donations are tax-deductible.
- What is Foundation For A Better World Inc's EIN?
- Foundation For A Better World Inc's Employer Identification Number (EIN) is 46-2385457.
- How much revenue does Foundation For A Better World Inc report?
- Foundation For A Better World Inc reported $38,256,280 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Foundation For A Better World Inc have?
- CharityIndex grades Foundation For A Better World Inc B, based on financial health (reserves and operating margin).
- How much does Foundation For A Better World Inc's highest-paid employee make?
- The highest reported compensation on Foundation For A Better World Inc's latest Form 990 is $70,542, paid to Kevin Chrisco (Program Assistant).
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Data for Foundation For A Better World Inc (EIN 46-2385457) 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.