Overview
What is Better Choices Inc?
Better Choices Inc, a nonprofit organization situated in Redding, California, is primarily focused on providing foster care placement for children. Through their programs, they serve as a refuge for children in need of care, functioning as a foster care organization. Their mission is deeply rooted in this, ensuring a safe and supportive environment for these children.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating.
Better Choices Inc has received a 71% rating from Charity Navigator, indicating a moderate level of accountability and finance management. This rating is heavily based on their accountability metrics, which are scored perfectly in several areas, reflecting a strong commitment to transparency and responsible governance. The organization boasts a fully independent board of directors, which is a positive sign for stakeholders seeking assurance in the charity's operations.
The charity has shown no material diversion of assets and maintains a solid liabilities to assets ratio of 11.12%, both indicators of financial health. Additionally, their program expense ratio is outstanding at 100%, demonstrating that all reported expenditures are being directed towards their programs. This commitment to program funding highlights their focus on achieving their mission.
However, the overall two-star rating suggests that there may be areas for improvement in their financial practices or operational effectiveness that are not fully captured by the positive scores in accountability. While the organization is performing well in many respects, potential donors might want to seek additional information regarding their overall impact and efficiency before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Better Choices Inc legitimate?
Better Choices Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Better Choices 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: $318,698
For more financial information, click here
What is the mission statement of Better Choices Inc?
Better Choices Inc, as a foster care organization, dedicates its mission to providing foster care placements for children. Through its programs, the organization aims to offer a secure and nurturing environment for children in need. By serving as a foster care provider, Better Choices Inc strives to contribute positively to the lives of these children, ensuring they receive the care and support they require during challenging times. The organization's primary goal is to promote the well-being and development of these children, ultimately helping them to thrive.
Who is the CEO of Better Choices Inc?
Nena Panza is the Executive Director of Better Choices Inc.
What is the revenue of Better Choices Inc?
Better Choices Inc's revenue in 2022 was $662,855.
Who are the executives of Better Choices Inc and what are their salaries?
The average compensation at Better Choices Inc during 2022 was $35,411. There are 9 employees at Better Choices Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Better Choices Inc?
Better Choices Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Better Choices Inc
Better Choices Inc, as a foster care organization, is committed to providing foster care placement for children. With this mission, Better Choices, under its program umbrella called 'Ready for Life', offers a safe and nurturing environment for children in need. The organization's primary goal is to ensure these children receive the care and support they require during challenging periods of their lives. By offering foster care placement, Better Choices Inc aims to provide temporary family-like settings that foster children's emotional, social, and developmental growth, ultimately working towards their long-term well-being.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Better Choices Inc has a significant impact by providing foster care placement for children in need. Through its programs, this organization based in Redding, CA, plays a crucial role in ensuring that vulnerable children have a safe and nurturing environment to grow and thrive. Their mission to provide foster care services directly impacts the lives of children, giving them stability and support during challenging times.
This information is meant to be a general summary of Better Choices 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $628,712
- Gross Receipts: $662,855
Assets and Liabilities:
- Total Assets: $225,584
- Total Liabilities: $25,098
- Net Assets: $200,486
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOSTER CARE INCOME
Revenue
$628,008
OTHER
Revenue
$704
Organization Details
Founding Year
2003
Phone
(530) 222-1826Principal Officer
Nena Panza
Main Address
PO BOX 991393, REDDING, CA, 96099
NTEE Category
Code: P32 - Human services
If you are a representative of Better Choices Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.