The Foundation for Community Betterment

EIN: 311724638 501(c)(3) Community Improvement

Springfield, VA

Total Revenue
$302,924
Total Expenses
$301,070
Total Assets
$433,472
Net Assets
$431,147
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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
2000
Legal Domicile
VA
Tax Period
2023-01-01 to 2023-12-31

The Foundation for Community Betterment, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $303K in total revenue in fiscal year 2023. Revenue surged 66% from the prior year, signaling strong growth momentum.

Mission

The Foundation for Community Betterment is a national organization dedicated to engaging individuals of all ages in community enhancement by creating an immediate, positive impact on the lives of individuals or organizations that share our philanthropic vision

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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 (2023)

Revenue Breakdown

Contributions & Grants $63,841
Program Service Revenue $0
Investment Income $0
Other Revenue $239,083
TOTAL REVENUE $302,924

Expense Breakdown

Grants Paid $225,127
Salaries & Benefits $48,436
Fundraising Expenses $0
Program Expenses $273,563
Other Expenses $27,507
TOTAL EXPENSES $301,070

Year-over-Year Comparison

2023 2022 Change
Revenue $302,924 $182,545 +0.7%
Expenses $301,070 $179,554 +0.7%
Net Income $1,854 $2,991 -0.4%
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
14
Independent Members
14
Employees
1
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
4
$0
Total Directors
15
$0
Key Employees
1
$44,710
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daryl Cooke Executive Director 40.00
Key Emp
$44,710 $0 $44,710
Alexandra Rodman Trustee 1.00
Director
$0 $0 $0
Bo Johns Trustee 1.00
Director
$0 $0 $0
Dale Smith Trustee 1.00
Director
$0 $0 $0
Tim Sullivan Trustee 1.00
Director
$0 $0 $0
David Stout Trustee 1.00
Director
$0 $0 $0
Mathilde Coyle Trustee 1.00
Director
$0 $0 $0
Gus Vlahos Trustee 1.00
Director
$0 $0 $0
Andy Carson Trustee 1.00
Director
$0 $0 $0
Ted Baroody Trustee 1.00
Director
$0 $0 $0
Brendan Curley Trustee 1.00
Director
$0 $0 $0
Darla Brown Trustee 1.00
Director
$0 $0 $0
Dana Milkie Vice President 5.00
Officer Director
$0 $0 $0
Amy Weisbrod Secretary 5.00
Officer Director
$0 $0 $0
Elizabeth Baroody President 5.00
Officer Director
$0 $0 $0
Trevor Garlock Treasurer 5.00
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
2024 No data No data No data No data
2023 $302,924 $301,070 $433,472 $1,854
2022 $182,545 $179,554 $378,773 $2,991
2021 $228,724 $140,247 $464,670 $88,477
2020 $197,169 $195,064 $332,069 $2,105
2019 $237,031 $220,401 $328,200 $16,630
2018 $264,894 $232,607 $309,648 $32,287
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