Overview
What is Better Billings Foundation?
The Better Billings Foundation is a nonprofit organization situated in Billings, Montana. With a workforce of 89 dedicated individuals, its primary mission is to promote and ensure access to various health-focused activities, programs, services, and facilities for the residents of the Greater Yellowstone Valley. One of their notable initiatives is the operation of the Oasis Water Park, which serves as a secure and wholesome alternative for families, allowing them to strengthen bonds and cultivate relationships within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
The Better Billings Foundation has achieved a notable rating of 94%, reflecting a strong commitment to accountability and finance. This high score is entirely derived from its Accountability & Finance criteria, indicating the organization’s effective management of funds and transparency in operations. The rating signifies that the foundation operates with a high standard of fiscal responsibility, which is crucial for donor confidence.
One of the foundation's strengths is its board governance, with 64% of its board members being independent, which enhances the integrity of its decision-making processes. Additionally, the organization has a solid financial structure, as evidenced by its low liabilities to assets ratio of 21.31%, allowing it to maintain financial stability. The foundation also has robust policies in place, including conflict of interest, whistleblower, and document retention policies, all of which contribute to its operational transparency.
While there are no significant limitations reported, it is essential for potential donors to remain informed about the foundation's ongoing activities and program effectiveness beyond financial metrics. Overall, the Better Billings Foundation demonstrates commendable practices that facilitate trust and further its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Better Billings Foundation legitimate?
Better Billings Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Better Billings Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $331,314
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What is the mission statement of Better Billings Foundation?
The Better Billings Foundation's mission revolves around promoting and ensuring access to various health-focused activities, programs, services, and facilities. This initiative is aimed at directly benefiting the people living in the Greater Yellowstone Valley. The foundation operates the Oasis Water Park, which serves as a safe and healthy alternative for families, enabling them to strengthen bonds, develop relationships, and foster a sense of community.
Who is the CEO of Better Billings Foundation?
Unavailable
What is the revenue of Better Billings Foundation?
Better Billings Foundation's revenue in 2022 was $812,371.
Who are the executives of Better Billings Foundation and what are their salaries?
The average compensation at Better Billings Foundation during 2022 was $3,723. There are 89 employees and 10 volunteers at Better Billings Foundation.
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Where can I find the form 990 for Better Billings Foundation?
Better Billings Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Better Billings Foundation
Better Billings Foundation, as a nonprofit organization, is dedicated to promoting and ensuring healthy access to various activities, programs, services, and facilities that directly benefit the people residing in the Greater Yellowstone Valley. Their mission is multifaceted, encompassing the provision of these resources to foster community engagement and relationship building.
One of the primary ways Better Billings Foundation achieves its mission is through the operation of the Oasis Water Park. This facility serves as a safe and healthy alternative for families, offering them an opportunity to bond and strengthen their relationships within their community. By providing such an environment, the foundation aims to contribute positively to the well-being and social development of the people of the Greater Yellowstone Valley.
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Impact
October, 2024
Better Billings Foundation fosters a vibrant community in the Greater Yellowstone Valley by promoting and providing healthy access to activities, programs, services, and facilities. One of its significant contributions is the operation of the Oasis Water Park, designed as a safe and healthy space for families. This facility not only offers recreational opportunities but also serves as a gathering place where families can bond and strengthen relationships. By prioritizing community wellness and engagement, the foundation significantly enhances the quality of life for residents in Billings and surrounding areas.
This information is meant to be a general summary of Better Billings Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2
- Program Service Revenue: $589,158
- Gross Receipts: $911,468
Assets and Liabilities:
- Total Assets: $4,899,208
- Total Liabilities: $1,044,279
- Net Assets: $3,854,929
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OASIS WATER PARK
Revenue
$460,949
SWIM LESSONS
Revenue
$75,843
TUTORING
Revenue
$52,366
Organization Details
Founding Year
2005
Phone
(406) 252-6301Main Address
PO BOX 7236, BILLINGS, MT, 59103
NTEE Category
Code: T31 - Philanthropy
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