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The Foundation For Better Life Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 452562542 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is The Foundation For Better Life Inc?

The Foundation For Better Life Inc, based in Atlanta, Georgia, is a dedicated nonprofit organization. Their primary focus lies in combating poverty through targeted educational programs and microfinance initiatives. By offering training and resources, they strive to increase household income, aiming to uplift and empower individuals and communities. The organization's mission is crystal clear: to alleviate poverty and enhance living standards.

Is The Foundation For Better Life Inc legitimate?

The Foundation For Better Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Better Life Inc 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: $0

For more financial information, click here

What is the mission statement of The Foundation For Better Life Inc?

The Foundation For Better Life Inc's mission is centered around alleviating poverty and enhancing household income. They accomplish this through offering educational programs and implementing various initiatives. Their main objective is to provide resources that empower individuals and families, ultimately leading to improved financial stability. The organization is committed to this cause, offering a range of training programs and microfinance options to support their mission.

What is the revenue of The Foundation For Better Life Inc?

The Foundation For Better Life Inc's revenue in 2023 was $284,825.

Who are the executives of The Foundation For Better Life Inc and what are their salaries?

There 30 volunteers at The Foundation For Better Life Inc.

Here are 3 key members and their salaries:


Jalal Sultan (2609 Shallowford Rd)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ebrahim Jessani (286 Molly Ct. Lilburn, Ga 30047)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sikander Khoja (1332 Kingston Trl., Decatur, Ga 30032)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Foundation For Better Life Inc?

The Foundation For Better Life Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Foundation For Better Life Inc

The Foundation for Better Life Inc is committed to addressing poverty by providing educational programs and training aimed at enhancing household income. The organization's mission is twofold: firstly, to alleviate poverty and secondly, to improve financial stability within families. Through their various initiatives, they strive to equip individuals with the necessary skills and resources to overcome economic challenges and improve their living conditions. Their approach encompasses a range of programs focused on poverty reduction, making them a significant player in the fight against poverty.

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Impact




October, 2024

The Foundation For Better Life Inc significantly impacts communities by providing training and education aimed at alleviating poverty and enhancing household income. Through various programs focused on education and microfinance, they equip individuals with the skills and resources needed to improve their financial situations. Based in Atlanta, Georgia, their initiatives help reduce poverty levels, empowering individuals with knowledge and practical tools to foster economic stability and growth for themselves and their families. Their commitment to education plays a crucial role in breaking the cycle of poverty, leading to more prosperous households and stronger communities.




This information is meant to be a general summary of The Foundation For Better Life Inc. 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.

Revenue
$284,825 (2023)
Expenses
$303,476 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $17,016
  • Gross Receipts: $284,825

Assets and Liabilities:

  • Total Assets: $857,516
  • Total Liabilities: $0
  • Net Assets: $857,516

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Organization Details

Founding Year

2011

Principal Officer

Jalal Sultan

NTEE Category

Code: B99 - Education

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