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Building A Better Tomorrow Inc

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

EIN: 470975505 ✦ Lincoln, NE ✦ Designated as a 501(c)(3)

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Overview

What is Building A Better Tomorrow Inc?

Building A Better Tomorrow Inc, situated in Lincoln, Nebraska, is a nonprofit organization dedicated to supporting individuals facing financial, physical, or life situation challenges. Their mission involves providing housing opportunities that these individuals might not otherwise have access to. Furthermore, they offer a range of life improvement tools, such as educational and career enhancement programs, financial counseling, and essential life skills training. These resources aim to empower individuals to lead more successful lives.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 65%, Two-Star out of Four Star rating. This score reflects the organization's performance in accountability and finance, indicating areas of strength and weaknesses that potential donors should consider.

Building A Better Tomorrow Inc has demonstrated strong governance with a fully independent board and no material diversion of assets. The organization scored well in areas like its program expense ratio, which is a positive indicator of funds directed toward its mission. However, the charity's overall score is brought down by significant liabilities relative to its assets, suggesting potential financial instability.

Additionally, the absence of a whistleblower policy and a document retention policy highlights areas for improvement in governance practices. While the charity maintains some positive structural attributes, addressing these limitations could enhance its financial health and accountability moving forward.


This AI summary has been generated from information found on Charity Navigator.

Is Building A Better Tomorrow Inc legitimate?

Building A Better Tomorrow Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building A Better Tomorrow 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 Building A Better Tomorrow Inc?

Building A Better Tomorrow Inc's mission is centered around providing housing opportunities for individuals facing financial, physical, or life situation limitations. The organization goes beyond housing, offering a range of life improvement tools. These tools include educational and career enhancement programs, financial counseling, and essential life skills. The aim is to empower these individuals, enabling them to lead more successful lives.

Who is the CEO of Building A Better Tomorrow Inc?

Jason Maggard is the Director of Building A Better Tomorrow Inc.

What is the revenue of Building A Better Tomorrow Inc?

Building A Better Tomorrow Inc's revenue in 2022 was $875.

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


Here are 5 key members and their salaries:


Matt Barrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Maggard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Carlson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Stempson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Koehn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Building A Better Tomorrow Inc?

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

Mission Statement of Building A Better Tomorrow Inc

Building A Better Tomorrow Inc is committed to a mission that aims to extend housing opportunities to individuals who are financially, physically, or situationally disadvantaged. The organization strives to go beyond providing shelter, making available a variety of life improvement tools. These tools include educational and career enhancement programs, financial counseling, and essential life skills. The ultimate goal is to empower these individuals, enabling them to lead more successful lives.

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Impact




October, 2024

Building A Better Tomorrow Inc significantly transforms lives by addressing critical barriers faced by individuals with financial, physical, and situational limitations. The organization provides essential housing opportunities that empower individuals to secure stable living situations, which is foundational for personal and financial growth.

In addition to housing, it offers a suite of life improvement tools aimed at enhancing individuals’ overall well-being. Through educational and career enhancement programs, participants gain vital skills that increase their employability and career prospects. Financial counseling services equip individuals with the knowledge to manage their finances effectively, contributing to long-term economic stability.

Essential life skills training further empowers community members, enabling them to navigate daily challenges more successfully. By fostering self-sufficiency and resilience, Building A Better Tomorrow Inc plays a crucial role in enabling individuals to lead more successful lives, ultimately contributing to the betterment of the community in Lincoln, NE.




This information is meant to be a general summary of Building A 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
$875 (2022)
Expenses
$280 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11
  • Gross Receipts: $875

Assets and Liabilities:

  • Total Assets: $4,465,081
  • Total Liabilities: $4,457,716
  • Net Assets: $7,365

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Organization Details

Founding Year

2014

Principal Officer

Jason Maggard

Main Address

3601 CALVERT STREET STE 9, LINCOLN, NE, 68506

NTEE Category

Code: L22 - Housing

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