A BETTER BALANCE INC

EIN: 203664771 501(c)(3) Social Science

New York, NY

Total Revenue
$3,015,414
Total Expenses
$3,733,509
Total Assets
$4,358,842
Net Assets
$4,208,057
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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NY
Principal Officer
INIMAI CHETTIAR
Phone
2128650303
Tax Period
2024-07-01 to 2025-06-30

A BETTER BALANCE INC, founded in 2005, is a community nonprofit in the Social Science sector that reported $3.0M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $3.7M exceeded revenue, resulting in a 24% operating deficit.

Mission

A Better Balance (ABB) is a legal advocacy organization using a range of legal strategies to promote equality and expand choices in the workplace for at all income levels so they may care for their families without sacrificing their economic security.

Program Service Accomplishments

Program 1
Expenses: $2,968,610 Revenue: $29,000

Paid Family and Medical Leave and Paid Sick Leave: Millions of U.S. workers lack paid leave for personal or family health needs, with workers in low-wage jobs much less likely to have paid leave than...

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Paid Family and Medical Leave and Paid Sick Leave: Millions of U.S. workers lack paid leave for personal or family health needs, with workers in low-wage jobs much less likely to have paid leave than higher-income earners. A Better Balance has worked with coalitions and partners to help secure paid family and medical leave laws extended paid time off to bond with a new child or to address a personal or family members serious illness in D.C. and 13 states. With our legal and policy support, there are also now shorter-term paid sick time laws in 17 states, D.C., and more than a dozen localities, with nearly all of them based upon our model policy. Our organization has also made great strides at the state and local level in helping to obtain paid leave for educators and government workers, including many in the South. We both lead paid leave coalitions and work closely with state advocates and policymakers to pass, implement, defend, and enforce paid leave policies. We also continue to develop and update tools, model bills, and resources on paid leave. In addition, we work at the national level to advocate for federal paid family and medical leave and paid sick time legislation. Pregnant and Postpartum Workers Rights: Pregnant and postpartum workers face job and income loss due to workplace discrimination or lack of accommodations at a time when they need economic security the most. For far too long, pregnant workers were put on leave, fired, or forced to risk their health when they required a modest change to their work duties or job environment. Other workers faced termination while they were recovering from childbirth, even a mere weeks or days after giving birth. Breastfeeding workers face barriers such as inadequate private space and break time on the job. Many workers cease breastfeeding or must choose between their income and feeding their child. A Better Balance leads advocacy efforts for laws protecting pregnant, postpartum, and breastfeeding workers. This includes passage of the federal Pregnant Workers Fairness Act and the Pump for Nursing Mothers Acttwo landmark civil rights protections passed after a decade of progress in states. We also protect, defend, and enforce critical legal protections so that pregnancy and breastfeeding do not lead to financial ruin.Additional Workers Rights: A growing number of Americans are struggling to juggle work responsibilities with care for loved ones, with millions providing care simultaneously to minor children and older adults. A Better Balance also works to curb abusive attendance policies, advance fair and flexible schedules for medical or caregiving needs, combat discrimination against caregivers, protect rights for temporary workers, ensure that an inclusive definition of family is incorporated into workplace leave laws, and protect local worker protection laws against abusive state preemption.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,912,699
Program Service Revenue $29,000
Investment Income $98,259
Other Revenue $-24,544
TOTAL REVENUE $3,015,414

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,846,204
Fundraising Expenses $351,748
Program Expenses $2,968,610
Other Expenses $887,305
TOTAL EXPENSES $3,733,509

Year-over-Year Comparison

2024 2023 Change
Revenue $3,015,414 $3,647,268 -0.2%
Expenses $3,733,509 $3,299,675 +0.1%
Net Income $-718,095 $347,593 -3.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
10
Employees
28
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$621,103
Total Directors
12
$160,291
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN A TOLEDO COO 37.50
Officer
$161,975 $30,518 $192,493
JARED MAKE Vice President 37.50
Officer
$144,274 $28,775 $173,049
ELIZABETH M GEDMARK Vice President 37.50
Officer
$151,503 $0 $151,503
MARCELLA M KOCOLATOS MANAGING ATTORNEY 37.50
$113,325 $13,748 $127,073
INIMAI CHETTIAR President 37.50
Officer
$90,517 $13,541 $104,058
SHERRY LEIWANT President Emeri 2.00
Director
$80,865 $0 $80,865
DINA BAKST President Emeri 2.00
Director
$79,426 $0 $79,426
TAKIRAH WOODS Director 2.00
Director
$0 $0 $0
ARIEL DEVINE Board Chair 2.00
Officer Director
$0 $0 $0
BETH NASH Vice Chair 2.00
Officer Director
$0 $0 $0
RISA E KAUFMAN Secretary 2.00
Officer Director
$0 $0 $0
LYNN APPLEBAUM Director 2.00
Director
$0 $0 $0
ELIZABETH SAYLOR Director 2.00
Director
$0 $0 $0
MIKE GAEBLER Director 2.00
Director
$0 $0 $0
NICOLE CZARNY Director 2.00
Director
$0 $0 $0
JENNIFER TAMIS Treasurer 2.00
Officer Director
$0 $0 $0
JESSICA HOUGH Vice Chair 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,015,414 $3,733,509 $4,358,842 $-718,095
2024 $3,647,268 $3,299,675 $5,178,575 $347,593
2023 $2,314,268 $3,041,709 $4,776,978 $-727,441
2022 $3,088,674 $2,869,135 $5,493,858 $219,539
2021 $4,245,261 $2,512,502 $5,730,306 $1,732,759
2020 $2,825,220 $2,160,660 $3,829,144 $664,560
2019 $3,317,810 $2,105,825 $2,795,182 $1,211,985
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