Overview
What is The Network For Better Futures?
The Network for Better Futures, operating as Better Futures Minnesota, is a nonprofit organization situated in Minneapolis, Minnesota. Their mission is to assist individuals with criminal backgrounds to reintegrate into society, promoting health, emotional intelligence, and community/family reunification. Their approach involves a personalized prosperity plan, mentorship, and coaching, aiming to reduce recidivism rates. With a focus on at-risk black men, they provide access to training, employment, physical and behavioral health care, and a supportive community. In 2022, their recidivism rate was 8% for participants who completed at least a year in the program. Since its establishment in 2007, Better Futures Minnesota has served over 1,300 individuals, addressing systemic poverty, structural racism, and promoting diversity, equity, and inclusion. The social enterprise division of the organization leads all trainings, certifications, and employment opportunities for the men they serve.
Official website here: www.betterfuturesminnesota.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Network For Better Futures, operating as Better Futures Minnesota, has received a solid rating of 81% from Charity Navigator, indicating a commendable level of accountability and financial health. The organization has achieved full marks for having a completely independent board and effective oversight practices, which reflects strong governance standards and transparency in its operations.
One of the strengths highlighted in the data is the high program expense ratio of 77.16%, suggesting that a substantial portion of the organization's funding is directed towards its programs rather than administrative overhead. This focus on programmatic spending is often indicative of a nonprofit's commitment to its mission and the effective use of donor contributions.
However, while the organization demonstrates strong governance and financial oversight, further details on program outcomes or community impact could provide a more comprehensive understanding of its effectiveness in fulfilling its mission. Overall, Better Futures Minnesota shows promise in its operations and adherence to best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Network For Better Futures?
96% of 16 reviewers on Facebook recommend The Network For Better Futures. Here’s an overview of their thoughts:
Many users express a great deal of enthusiasm about their experiences, highlighting the unique and varied selection of items available. Reviewers appreciate the affordability and the excitement of discovering unexpected treasures during their visits. The warm and welcoming attitude of the staff is frequently noted, enhancing the overall shopping experience.
Overall, the nonprofit appears to effectively fulfill its mission by providing both valuable products and a positive environment for its community.
This AI summary has been generated from reviews found on Facebook.
Is The Network For Better Futures legitimate?
The Network For Better Futures is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Network For Better Futures 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: $251,784
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,551,794
For more financial information, click here
Official website here: www.betterfuturesminnesota.com
What is the mission statement of The Network For Better Futures?
The Network for Better Futures, operating under the name Better Futures Minnesota, is dedicated to helping men transform their lives and embark on a new path towards better health and success. The organization aims to challenge costly practices that result in poor outcomes and perpetuate cycles of dependency. Their integrated care team strives for participant success, focusing on reintegration and improving health and wellness, emotional intelligence, and community/family reunion. They employ a mentorship and coaching model centered around an individualized prosperity plan. The organization celebrates growth as men achieve goals, complete certifications, and demonstrate consistency and dedication at work. Their recidivism rate in 2022 was 8% for participants who completed at least a year in the program. The organization serves a diverse population often overlooked and discriminated against due to their criminal records, and they aim to produce beneficial long-term outcomes not only for the men but for their families and communities as well.
Official website here: www.betterfuturesminnesota.com
Who is the CEO of The Network For Better Futures?
Pj Hubbard is the Secretary of The Network For Better Futures. The CEO's salary of The Network For Better Futures is $120,923 and their total compensation is $124,422.
Official website here: www.betterfuturesminnesota.com
What is the revenue of The Network For Better Futures?
The Network For Better Futures's revenue in 2022 was $3,639,604.
Official website here: www.betterfuturesminnesota.com
Who are the executives of The Network For Better Futures and what are their salaries?
The average compensation at The Network For Better Futures during 2022 was $14,429. There are 125 employees and 10 volunteers at The Network For Better Futures.
Here are 7 key members and their salaries (The Network For Better Futures's CEO's salary is $120,923 and their total compensation is $124,422):
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- Compensation: $127,548
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- Other: $0
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- Compensation: $120,923
- Related: $0
- Other: $3,499
Official website here: www.betterfuturesminnesota.com
Where can I find the form 990 for The Network For Better Futures?
The Network For Better Futures's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.betterfuturesminnesota.com
Learn more at the official website: www.betterfuturesminnesota.com
Mission Statement of The Network For Better Futures
The Network for Better Futures, known as Better Futures Minnesota, is an organization dedicated to empowering men with a desire to transform their lives and walk a new path towards better health and success. Its mission is multifaceted, aiming not only to help individuals turn their lives around but also to challenge costly practices that contribute to poor results and perpetuate cycles of dependency. The organization is committed to building healthy communities by walking alongside participants, providing support in various aspects of their lives, including health and wellness, emotional intelligence, and community/family reunion.
Better Futures Minnesota operates with a mentorship and coaching model, tailored to each participant's Individual Prosperity Plan. The organization has seen significant success, with a recidivism rate of 8% for participants who completed at least a year in their program. Since its founding in 2007, Better Futures Minnesota has served over 1,300 men from diverse backgrounds, often overlooked and discriminated against due to the stigma of having a criminal record. The organization is deeply committed to addressing systemic poverty, structural racism, and promoting diversity, equity, and inclusion. This is reflected in their provision of training, on-the-job training, and employment opportunities, as well as physical and behavioral health care. The men served by Better Futures Minnesota engage in community meetings twice a week, where they bond with other men, discuss issues, and learn from guest speakers who facilitate growth, healing, and support.
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Impact
July, 2024
The Network For Better Futures, doing business as Better Futures Minnesota, has a significant impact on the lives of men in the community by providing support, resources, and opportunities for positive change. Through their integrated care team approach, they focus on reintegration, health improvement, emotional intelligence, and family reunification. By working alongside participants to create individualized prosperity plans, Better Futures Minnesota has successfully helped men transition to healthier, more successful lives.
Their efforts have shown tangible results, with a low recidivism rate of 8% for participants who completed at least a year in their program in 2022. By addressing systemic poverty, structural racism, and promoting diversity, equity, and inclusion, Better Futures Minnesota is not only transforming the lives of the men they serve but also contributing to the well-being of their families and communities.
Through training, job opportunities, healthcare access, and a supportive community, Better Futures Minnesota aims to break the cycle of dependency and create long-term positive outcomes. By celebrating achievements, providing mentorship, and fostering a supportive environment, they empower at-risk men to grow, heal, and thrive. The organization's commitment to diversity and inclusion is woven into every aspect of their work, making a lasting impact on the individuals they serve and the wider community in Minneapolis, Minnesota.
This information is meant to be a general summary of The Network For Better Futures. 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.
- Program Service Revenue: $1,634,682
- Gross Receipts: $3,639,604
Assets and Liabilities:
- Total Assets: $1,199,026
- Total Liabilities: $2,029,462
- Net Assets: -$830,436
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUSINESS ENTERPRISE
Revenue
$1,634,682
Organization Details
Founding Year
2007
Phone
(612) 455-6133Principal Officer
Pj Hubbard
Main Address
2620 MINNEHAHA AVE, MINNEAPOLIS, MN, 55126
NTEE Category
Code: I40 - Crime
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