MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE NETWORK FOR BETTER FUTURES DBA BETTER FUTURES MINNESOTA, founded in 2007, is a community nonprofit in the Crime & Legal sector that reported $4.1M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $3.9M left a modest 4% surplus.
BETTER FUTURES FUELS A MAN'S DESIRE TO TURN HIS LIFE AROUND AND WALK A NEW PATH TOWARD BETTER HEALTH AND SUCCESS. IT ALSO AIMS TO CHANGE THE COSTLY PRACTICES THAT PRODUCE POOR RESULTS AND PERPETUATE CYCLES OF DEPENDENCY.
OUR INTEGRATED CARE TEAM (ICT) UNDERSTANDS REINTEGRATION IS ESSENTIAL FOR PARTICIPANT SUCCESS. WE STRIVE TO BUILD HEALTHY COMMUNITIES BY WALKING ALONGSIDE PARTICIPANTS TO HELP IMPROVE HEALTH AND...
OUR INTEGRATED CARE TEAM (ICT) UNDERSTANDS REINTEGRATION IS ESSENTIAL FOR PARTICIPANT SUCCESS. WE STRIVE TO BUILD HEALTHY COMMUNITIES BY WALKING ALONGSIDE PARTICIPANTS TO HELP IMPROVE HEALTH AND WELLNESS, EMOTIONAL INTELLIGENCE, AND COMMUNITY/FAMILY REUNIFICATION. OUR MENTORSHIP AND COACHING MODEL IS CENTERED AROUND A PARTICIPANT'S INDIVIDUALIZE PROSPERITY PLAN. SINCE ITS FOUNDING IN 2007, BETTER FUTURES MN (BFM) HAS SERVED OVER 1,300 MEN OF DIVERSE BACKGROUNDS WITH UNIQUE CHALLENGES AND NEEDS. THE POPULATION WE SERVE IS OFTEN OVERLOOKED AND DISCRIMINATED AGAINST DUE TO THE STIGMA OF HAVING A CRIMINAL RECORD. WE EMBRACE THESE MEN AND HELP THEM FIND A BETTER PATH FORWARD. ADDRESSING SYSTEMIC POVERTY AND STRUCTURAL RACISM AND PROMOTING DIVERSITY, EQUITY, AND INCLUSION IS WOVEN INTO EVERY ASPECT OF OUR ORGANIZATIONBY PROVIDING ACCESS TO TRAINING, ON THE JOB TRAINING AND EMPLOYMENT, PHYSICAL AND BEHAVIORAL HEALTH CARE, AND A VIBRANT, SUPPORTIVE COMMUNITY FOR AT-RISK BLACK MEN, BFM HOPES TO PRODUCE BENEFICIAL LONG-TERM OUTCOMES NOT ONLY FOR THE MEN, BUT FOR THEIR FAMILIES AND COMMUNITIES AS WELL. THE SOCIAL ENTERPRISE DIVISION OF BFM LEADS ALL TRAININGS, CERTIFICATION, ON-THE JOB-TRAINING AND EMPLOYMENT FOR THE MEN WE SERVE. BFM IS VERY INTENTIONAL ABOUT CELEBRATING GROWTH AS MEN ACHIEVE GOALS, COMPLETE CERTIFICATIONS, AND TRAININGS, AND DEMONSTRATE CONSISTENCY AND DEDICATION AT WORK. THE MEN ALSO ENGAGE IN COMMUNITY MEETINGS TWICE A WEEK, WHERE THEY BOND WITH OTHER MEN, DISCUSS ISSUES THEY MIGHT BE FACING AND LEARN FROM GUEST SPEAKERS WHO HELP FACILITATE GROWTH, HEALING, AND SUPPORT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,050,926 | $4,462,235 | -0.1% |
| Expenses | $3,886,669 | $3,578,619 | +0.1% |
| Net Income | $164,257 | $883,616 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHARLES BRADLEY | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SIMON SHANNON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HEATHER MCCANTS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT MURRAY | BOARD CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JULIUS BARNES | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PJ HUBBARD | PRESIDENT & CEO | 40.00 |
Officer
|
$160,726 | $6,545 | $167,271 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $4,050,926 | $3,886,669 | $1,441,929 | $164,257 |
| 2023 | $4,462,235 | $3,578,619 | $1,675,363 | $883,616 |
| 2022 | $3,639,604 | $4,302,593 | $1,199,026 | $-662,989 |
| 2021 | $3,722,880 | $4,636,146 | $1,342,357 | $-913,266 |
| 2020 | $4,716,983 | $4,250,236 | $1,592,704 | $466,747 |
| 2019 | $3,855,386 | $3,994,636 | $1,044,703 | $-139,250 |
| 2018 | $3,388,484 | $3,480,544 | $1,294,931 | $-92,060 |
Compare THE NETWORK FOR BETTER FUTURES DBA BETTER FUTURES MINNESOTA with other nonprofits in Minnesota and across the country.