Initiative For A Better Society
Only null% goes to programs Strong reserves Declining revenue
Initiative For A Better Society is a 501(c)(3) organization based in Mt Juliet, Tennessee, registered in 2022, with $16,198 in FY2025 revenue. CharityIndex grades it C+.
11205 Lebanon Rd Pmb 1022, Mt Juliet, TN, 37122 EIN 87-2940451 Since 2022
Revenue (FY2025)
$16K
▲ 3.4% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$12K
Net assets
$198K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Initiative For A Better Society— 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 rating197 mo reserves · +25% 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 Initiative For A Better Society: 197 mo reserves · +25% 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 Initiative For A Better Society— 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 Initiative For A Better Society: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 11205 Lebanon Rd Pmb 1022, Mt Juliet, TN, 37122
- City
- Mt Juliet
- State
- Tennessee
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $198K (FY2021) to $16K (FY2025) across 5 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $3,555Net assets $198K
Operating margin
25.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$202K
Total liabilities
$3,555
Net assets
$198K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $16,198▲3.4% | $12,079▲1.4% | $198,481▲2.1% | $202,036▲3.9% | 990PF |
| 2024 | $15,664▲215% | $11,913▼45.8% | $194,362▲4.4% | $194,362▲4.4% | 990PF |
| 2023 | -$13,588▼129% | $21,969▲87.3% | $186,251▼20.2% | $186,251▼20.2% | 990PF |
| 2022 | $47,540▼75.9% | $11,729 | $233,326▲18.1% | $233,326▲18.1% | 990PF |
| 2021 | $197,513 | $0 | $197,513 | $197,513 | 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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Frequently asked questions
- Is Initiative For A Better Society a legitimate nonprofit?
- Yes. Initiative For A Better Society is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 87-2940451, based in Mt Juliet, Tennessee. Donations are tax-deductible.
- What is Initiative For A Better Society's EIN?
- Initiative For A Better Society's Employer Identification Number (EIN) is 87-2940451.
- How much revenue does Initiative For A Better Society report?
- Initiative For A Better Society reported $16,198 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Initiative For A Better Society have?
- CharityIndex grades Initiative For A Better Society C+, based on financial health (reserves and operating margin).
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Data for Initiative For A Better Society (EIN 87-2940451) 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.