Overview
What is A Better Way Of Living Inc?
A Better Way of Living Inc, located in Albuquerque, New Mexico, is a nonprofit organization dedicated to supporting individuals with developmental disabilities. Their mission involves providing rehabilitation services, encompassing housing, daily necessities, and clinical therapy. With a team of 182 dedicated individuals, the organization aims to improve the lives of these individuals, ensuring they receive the care and assistance they need to lead fulfilling lives. The organization's services extend beyond housing and daily needs, incorporating clinical therapy to help individuals overcome their challenges and lead more independent lives.
Official website here: www.abetterwaynm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
A Better Way of Living Inc has received a strong rating of 92% from Charity Navigator, indicating a reliable level of accountability and financial management. This score is based entirely on their Accountability & Finance metrics, showcasing their commitment to transparency and effective governance. The organization has a fully independent board and has achieved high marks in areas such as financial oversight and asset management.
The charity demonstrates impressive financial health, with a low liabilities to assets ratio of 19.50% and a program expense ratio of 87.30%. This means that a significant majority of their expenses directly support their programs, which is a positive sign for potential donors who want to ensure their contributions are used effectively. The presence of comprehensive financial statements and the commitment to documenting board meetings further enhance their credibility.
However, one noted limitation is the absence of a whistleblower policy, which may raise concerns about internal reporting practices. Despite this, the organization maintains a strong overall rating, and their proactive approach to governance and financial management positions them as a trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is A Better Way Of Living Inc legitimate?
A Better Way Of Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. A Better Way Of Living 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: $124,686
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,221,016
For more financial information, click here
Official website here: www.abetterwaynm.org
What is the mission statement of A Better Way Of Living Inc?
A Better Way of Living Inc, as an organization, is committed to offering rehabilitation services to individuals with developmental disabilities. This is done through various means, including providing suitable housing, addressing daily needs, and offering clinical therapy. The mission of A Better Way of Living Inc is to enhance the lives of these individuals, aiming to promote their overall well-being and improvement. The organization's services aim to empower these individuals, enabling them to live more independently and productively.
Official website here: www.abetterwaynm.org
Who is the CEO of A Better Way Of Living Inc?
Casey Bresnahan is the Executive Dir. of A Better Way Of Living Inc.
Official website here: www.abetterwaynm.org
What is the revenue of A Better Way Of Living Inc?
A Better Way Of Living Inc's revenue in 2022 was $5,864,825.
Official website here: www.abetterwaynm.org
Who are the executives of A Better Way Of Living Inc and what are their salaries?
The average compensation at A Better Way Of Living Inc during 2022 was $23,877. There are 182 employees at A Better Way Of Living Inc.
Here are 4 key members and their salaries:
- Compensation: $124,686
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.abetterwaynm.org
Where can I find the form 990 for A Better Way Of Living Inc?
A Better Way Of Living Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.abetterwaynm.org
Learn more at the official website: www.abetterwaynm.org
Mission Statement of A Better Way Of Living Inc
A Better Way Of Living Inc, a nonprofit organization, is dedicated to providing rehabilitation services for individuals with developmental disabilities. They cater to this community's needs through housing, daily necessities, and clinical therapy. The organization's mission is to empower these individuals, enabling them to lead fulfilling lives with as much independence as possible. By offering a comprehensive range of services, A Better Way Of Living Inc aims to enhance the quality of life for those it serves, fostering their personal growth and development.
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Impact
July, 2024
A Better Way Of Living Inc has significantly impacted the lives of individuals with developmental disabilities by providing them with crucial rehabilitation services. Through offerings such as housing, daily needs assistance, and clinical therapy, this organization has played a vital role in improving the quality of life for those it serves. By addressing the specific needs of individuals with developmental disabilities, A Better Way Of Living Inc has created a supportive environment that promotes independence and well-being. Their work exemplifies a commitment to enhancing the lives of vulnerable populations and advocating for their rights and opportunities.
This information is meant to be a general summary of A Better Way Of Living 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.
- Investment Income: $1,149
- Program Service Revenue: $5,861,483
- Gross Receipts: $5,864,825
Assets and Liabilities:
- Total Assets: $2,222,438
- Total Liabilities: $433,441
- Net Assets: $1,788,997
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DD WAIVER
Revenue
$5,814,227
MEDICARE/ MEDICAID
Revenue
$47,256
Organization Details
Founding Year
2001
Phone
(505) 332-9164Principal Officer
Casey Bresnahan
Main Address
2823 Richmond Drive NE, ALBUQUERQUE, NM, 87107
Website
www.abetterwaynm.orgNTEE Category
Code: P82 - Human services
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