BETTER EDUCATION FOR KIDS INC

EIN: 275299949

CRANFORD, NJ

Total Revenue
$100,158
Total Expenses
$233,189
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NJ
Principal Officer
LAWRENCE ROGERS
Phone
9082765900
Tax Period
2020-01-01 to 2020-12-31

BETTER EDUCATION FOR KIDS INC, founded in 2011, is a small nonprofit that reported $100K in total revenue in fiscal year 2020. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $233K exceeded revenue, resulting in a 133% operating deficit.

Mission

BETTER EDUCATION FOR KIDS STANDS FOR PUTTING THE INTEREST OF NEW JERSEY SCHOOL CHILDREN FIRST.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $100,150
Program Service Revenue $0
Investment Income $8
Other Revenue $0
TOTAL REVENUE $100,158

Expense Breakdown

Grants Paid $69,011
Salaries & Benefits $80,770
Fundraising Expenses $0
Program Expenses $233,085
Other Expenses $83,408
TOTAL EXPENSES $233,189

Year-over-Year Comparison

2020 2019 Change
Revenue $100,158 $254,028 -0.6%
Expenses $233,189 $210,235 +0.1%
Net Income $-133,031 $43,793 -4.0%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAWRENCE ROGERS TREASURER, TRUSTEE 10.00
Officer Director
$0 $0 $0
DAVID TEPPER TRUSTEE 1.00
Director
$0 $0 $0
ALAN FOURNIER TRUSTEE 2.00
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
2020 $100,158 $233,189 No data $-133,031
2019 $254,028 $210,235 $133,031 $43,793
2018 $233,290 $220,573 $89,238 $12,717
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