Fund For A Better Future Inc
97% goes to programs $0 to raise $100 Strong reserves Declining revenue
Fund For A Better Future Inc is a 501(c)(4) organization based in Sacramento, California, registered in 2017, with $7,686,017 in FY2024 revenue. CharityIndex grades it C, and it directs about 97% of spending to programs.
400 Capitol Mall Ste 2650, Sacramento, CA, 95814 EIN 81-2319758 Since 2017
Revenue (FY2024)
$7.7M
▼ 81.6% vs prior year
Community median: $184K
Expenses (FY2024)
$14.2M
Net assets
$13.3M
Employees
68
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 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating97% to programs · $0 to raise $100
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. For Fund For A Better Future Inc: 97% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating11 mo reserves · -84% 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 Fund For A Better Future Inc: 11 mo reserves · -84% margin earns a F on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Fund For A Better Future Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Fund For A Better Future Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See part iii, line 1.
Contact & location
- Address
- 400 Capitol Mall Ste 2650, Sacramento, CA, 95814
- City
- Sacramento
- State
- California
- Subcategory
- Community Service Clubs
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.6M (FY2016) to $7.7M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $824KNet assets $13.3M
Operating margin
-84.4%
Spent more than it raised in the latest fiscal year.
Total assets
$14.1M
Total liabilities
$824K
Net assets
$13.3M
Salaries & benefits
$1.0M
7% of expenses
Board members
5
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,686,017▼81.6% | $14,171,510▼65.8% | $13,254,956▼32.9% | $14,079,455▼43.9% | 990 |
| 2023 | $41,718,209▼26.6% | $41,402,425▼14.2% | $19,740,449▲1.6% | $25,095,166▲20.2% | 990 |
| 2022 | $56,813,604▼17.8% | $48,272,228▼22.0% | $19,424,665▲78.5% | $20,878,438▲67.7% | 990 |
| 2021 | $69,118,422▲96.6% | $61,884,286▲89.5% | $10,883,289▲198% | $12,452,035▲239% | 990 |
| 2020 | $35,157,267▲2056% | $32,664,736▲2436% | $3,649,153▲963% | $3,674,140▲712% | 990 |
| 2016 | $1,630,991 | $1,287,811 | $343,180 | $452,577 | 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.
Leadership & compensation (FY2024)
Highest-paid: Avi Garbow See Sch O — $51,095 (0.36% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Avi Garbow See Sch O | Director & President (end 10/2024) | 3 | $51,095 |
| Rosina Bugarin See Sch O | Treasurer & Cfo | 5 | $41,730 |
| Matthew Armsby See Sch O | Vp & Interim Pres. (beg 10/2024) | 5 | $38,924 |
| Helena Choi See Sch O | Secretary & Vice President | 3 | $20,181 |
| Christopher J Elliman | Director | 1 | — |
| Jason Burnett | Director & Chair | 1 | — |
| Martha Kongsgaard | Director | 1 | — |
| Melissa Roy | Director | 1 | — |
| Preston Pinkett III | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Waxman Strategies | Consulting Services | $345,000 |
| The Resolutions Firm | Consulting Services | $282,895 |
| Community Advocacy Partners LLC | Consulting Services | $262,386 |
| Winning Strategies LLC | Consulting Services | $256,924 |
| Hart Research Associates | Consulting Services | $253,250 |
Grants received · $61.2M total
24 grants to Fund For A Better Future Inc totaling $61.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Catalyst4 Inc | For the purpose of environmental programs | 2024 | $550,000 |
| Resources Legacy Fund | Land or marine conservation, climate change, and/or environmental equity and justice | 2024 | $300,000 |
| Advocacy Action Fund Inc | Support for energy policy advocacy | 2024 | $150,000 |
| American Property Casualty Insurance Association | General support | 2024 | $100,000 |
| United States Energy Foundation | To support education and outreach to build a clean energy future. | 2023 | $20,000,000 |
| Catalyst4 Inc | For the purpose of environmental programs | 2023 | $3,029,854 |
| Advocacy Action Fund Inc | Support for oil and gas cleanup policy | 2023 | $200,000 |
| Resources Legacy Fund | Land or marine conservation, promotion of education and/or healthy communities | 2022 | $10,150,000 |
| Breakthrough Energy Action Inc | General operating support. | 2022 | $2,700,000 |
| Breakthrough Energy Action Inc | Climate policy support comms | 2022 | $2,000,000 |
| Sandler Foundation | General support for social welfare activities | 2022 | $1,500,000 |
| Breakthrough Energy Action Inc | Us clean energy innovation policies | 2022 | $750,000 |
| Sixteen Thirty Fund | Environmental programs | 2022 | $500,000 |
| Breakthrough Energy Action Inc | Climate policy support comms | 2022 | $450,000 |
| Breakthrough Energy Action Inc | Federal clean energy investments | 2021 | $11,000,000 |
Grants made · $10.7M in FY2024
30 grants totaling $10.7M in FY2024 — showing the 15 largest. All grants made by Fund For A Better Future Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Sixteen Thirty Fund | Civil rights and civic engagement | $1,500,000 |
| Climate Power | Fiscal sponsorship spinoff | $1,105,882 |
| Priorities USA | Support for social welfare activities | $1,000,000 |
| Electoral Collective Action | Climate and environmental advocacy | $750,000 |
| Indivisible Project | Civil rights and civic engagement | $750,000 |
| Beyond Impact | Climate and environmental advocacy | $750,000 |
| Texas Campaign For the Environment | Climate and environmental advocacy | $530,000 |
| Democracy Forward | Support for social welfare activities | $500,000 |
| Hip Hop Caucus Action Fund | Climate and environmental advocacy | $500,000 |
| Pennsylvania United | Climate and environmental advocacy | $500,000 |
| Californians For Safe Drinking Water and Wildfire Prevention | Climate and environmental advocacy | $500,000 |
| Clean Air Action Fund | Climate and environmental advocacy | $450,000 |
| Environmental Defense Action Fund | Climate and environmental advocacy | $445,000 |
| League of Conservation Voters Inc | Civil rights and civic engagement | $250,000 |
| Black Men Vote Civic Action Fund | Civil rights and civic engagement | $200,000 |
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Frequently asked questions
- Is Fund For A Better Future Inc a legitimate nonprofit?
- Yes. Fund For A Better Future Inc is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 81-2319758, based in Sacramento, California.
- What is Fund For A Better Future Inc's EIN?
- Fund For A Better Future Inc's Employer Identification Number (EIN) is 81-2319758.
- How much revenue does Fund For A Better Future Inc report?
- Fund For A Better Future Inc reported $7,686,017 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Fund For A Better Future Inc's spending goes to programs?
- Fund For A Better Future Inc spends about 97% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Fund For A Better Future Inc have?
- CharityIndex grades Fund For A Better Future Inc C, based on program efficiency and fundraising cost.
- How much does Fund For A Better Future Inc's highest-paid employee make?
- The highest reported compensation on Fund For A Better Future Inc's latest Form 990 is $51,095, paid to Avi Garbow See Sch O (Director & President (end 10/2024)).
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Data for Fund For A Better Future Inc (EIN 81-2319758) 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.