THE NETWORK FOR BETTER FUTURES DBA BETTER FUTURES MINNESOTA (EIN 450550557) - Form 990 Financial Analysis & Trantor Score

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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

2007

Legal Domicile

Principal Officer

PJ HUBBARD

Phone

6124556133

Tax Period

2024-01-01 to 2024-12-31

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.

Mission

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.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,764,355

Program Service Revenue $2,208,064

Investment Income $0

Other Revenue $78,507

TOTAL REVENUE $4,050,926

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,957,010

Fundraising Expenses $137,473

Program Expenses $2,987,530

Other Expenses $1,929,659

TOTAL EXPENSES $3,886,669

Year-over-Year Comparison

	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%

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

Governance

Voting Members

Independent Members

Employees

101

Volunteers

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

$167,271

Total Directors

Key Employees

Highest Compensated

reported

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

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	$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

THE NETWORK FOR BETTER FUTURES DBA BETTER FUTURES MINNESOTA