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For Better Tomorrow Inc

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

EIN: 464316678 ✦ Bloomington, IL ✦ Designated as a 501(c)(3)

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Overview

What is For Better Tomorrow Inc?

For Better Tomorrow Inc is a nonprofit organization committed to accountable philanthropy. They provide grant opportunities to various non-profit organizations, aiming to enhance community services in sectors such as human services and education. Their mission is to positively impact individuals' lives by offering these grants, promoting responsible giving and community betterment. Operating in a broad spectrum of areas, their goal is to foster growth and improvement in the lives of the community members they serve.


Official website here: www.forbettertomorrow.org

Is For Better Tomorrow Inc legitimate?

For Better Tomorrow Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. For Better Tomorrow Inc submitted a form 990EZ, 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.


Official website here: www.forbettertomorrow.org

What is the mission statement of For Better Tomorrow Inc?

For Better Tomorrow Inc, as an organization, is committed to promoting philanthropy in a responsible manner. Their mission is to provide grant opportunities to non-profit organizations that are dedicated to serving the community in various sectors, such as human services and education. Their aim is to enhance the lives of individuals by funding initiatives in these areas. The organization emphasizes accountability in its philanthropic activities, ensuring that the grants are utilized effectively to bring about positive change.


Official website here: www.forbettertomorrow.org

Who is the CEO of For Better Tomorrow Inc?

Phani Aytam is the President of For Better Tomorrow Inc.


Official website here: www.forbettertomorrow.org

What is the revenue of For Better Tomorrow Inc?

For Better Tomorrow Inc's revenue in 2022 was $39,174.


Official website here: www.forbettertomorrow.org

Who are the executives of For Better Tomorrow Inc and what are their salaries?


Here are 9 key members and their salaries:


Phani Aytam (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raja Ayyapusetty (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hariharan Senthilnathan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Venkateswara Rao Mandava (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Weinzierl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Srinivas Shenoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devanand Chatrathi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Gianaris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sambasiva Rao Gurijala (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.forbettertomorrow.org

Where can I find the form 990EZ for For Better Tomorrow Inc?

For Better Tomorrow Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.forbettertomorrow.org

Learn more at the official website: www.forbettertomorrow.org

Mission Statement of For Better Tomorrow Inc

For Better Tomorrow Inc, a philanthropic organization, is committed to improving the lives of individuals through accountable grant opportunities. Its mission encompasses supporting non-profit organizations that provide community services in various sectors such as human services and education. By offering these grants, For Better Tomorrow Inc aims to foster a positive impact in diverse aspects of society, ultimately contributing to the betterment of individuals' lives. The organization's approach to philanthropy is one that emphasizes service and responsibility, ensuring that the resources it distributes are utilized effectively to bring about meaningful change.

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Impact




August, 2024

For Better Tomorrow Inc's impact is evident in its provision of grant opportunities to nonprofit organizations that deliver essential community services across a range of areas such as human services and education. By fostering accountable philanthropy through service, For Better Tomorrow Inc strives to enhance the lives of individuals and make a positive difference in society. Through its support for various nonprofit initiatives, the organization plays a crucial role in improving communities and promoting social welfare.




This information is meant to be a general summary of For Better Tomorrow 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
$39,174 (2022)
Expenses
$32,136 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4
  • Gross Receipts: $45,449

Assets and Liabilities:

  • Total Assets: $79,088
  • Total Liabilities: $1,000
  • Net Assets: $78,088

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Organization Details

Principal Officer

Phani Aytam

Main Address

808 S ELDORADO RD, Bloomington, IL, 61704

NTEE Category

Code: Q33 - International

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