Better Health Foundation

EIN: 462452851 501(c)(3) Philanthropy & Grantmaking

Davenport, IA

Total Revenue
$40,865,850
Total Expenses
$647,331
Total Assets
$41,168,958
Net Assets
$41,145,959
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
IA
Phone
5633836065
Tax Period
2022-07-01 to 2023-06-30

Better Health Foundation, founded in 2013, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $40.9M in total revenue in fiscal year 2022. Revenue surged 9675% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40.2M, a strong 98% operating margin.

Mission

The mission of the Better Health Foundation is to mobilize philanthropy to measurably improve community health for all the people of the 9-county greater Quad Cities region.

Program Service Accomplishments

Program 1
Expenses: $440,578 Revenue: $20,000

The mission of the Better Health Foundation (BHF) is to mobilize philanthropy to measurably improve community health for all the people of the 9-county greater Quad Cities region. BHF is committed to...

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The mission of the Better Health Foundation (BHF) is to mobilize philanthropy to measurably improve community health for all the people of the 9-county greater Quad Cities region. BHF is committed to collaboration and the community, and uses its funding to produce community health results. The Foundation defines the greater Quad Cities region as encompassing nine counties, as follows: (Iowa) Cedar, Clinton, Louisa, Muscatine and Scott; (Illinois) Henry, Mercer, Rock Island and Whiteside. The vision of the Better Health Foundation is a region that thrives because all of the members of its communities are engaged in improving their health and that of their neighbors. BHF envisions engagement of individuals and communities in their own health improvements. The Foundation's role, and that of its grantees, is to enable community action. Better Health Foundation organizes its grantmaking into three thematic and one general area of work: Capacity Building and Service Support grants are intended to strengthen the operations and programs of nonprofits and nonprofit partnerships in the region so as to increase their service reach and their ability to generate significant community health results. Innovation grants are intended to bring new players, new methods, or new partnerships to community health priorities to improve community health results. The focus is on identifying and trying new ideas and new approaches, either created de novo in the region or replicated in the region from elsewhere in the nation where success has been experienced. Solutions at Scale grants are intended to enable initiatives with clear evidence of effectiveness to be adopted throughout the region by a significant number of organizations serving a significant number of communities. Discretionary grants are intended to respond to organizational emergencies of the region's nonprofits or to unexpected operational needs.

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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 (2022)

Revenue Breakdown

Contributions & Grants $40,177,623
Program Service Revenue $20,000
Investment Income $668,227
Other Revenue $0
TOTAL REVENUE $40,865,850

Expense Breakdown

Grants Paid $440,578
Salaries & Benefits $126,326
Fundraising Expenses $76,807
Program Expenses $440,578
Other Expenses $80,427
TOTAL EXPENSES $647,331

Year-over-Year Comparison

2022 2021 Change
Revenue $40,865,850 $418,077 +96.7%
Expenses $647,331 $393,240 +0.6%
Net Income $40,218,519 $24,837 +1618.3%
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

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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
13
Employees
6
Volunteers
17

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
$167,204
Total Directors
16
$1,593,033
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A SECRETARY/TREASURER 1.5
Officer Director
$0 $0 $0
N/A VICE PRESIDENT 1.5
Officer Director
$0 $0 $0
N/A PRESIDENT 1.5
Officer Director
$0 $0 $0
N/A DIRECTOR 1.5
Director
$0 $0 $0
N/A DIRECTOR 1.5
Director
$0 $0 $0
N/A FORMER DIRECTOR 1.5
Director
$0 $56,659 $997,742
N/A DIRECTOR 1.5
Director
$0 $0 $0
N/A DIRECTOR 1.5
Director
$0 $0 $0
N/A DIRECTOR 1.5
Director
$0 $0 $0
N/A DIRECTOR 1.5
Director
$0 $0 $0
N/A DIRECTOR 1.5
Director
$0 $0 $0
N/A DIRECTOR 1.5
Director
$0 $28,989 $595,291
N/A DIRECTOR 1.5
Director
$0 $0 $0
N/A FORMER DIRECTOR 1.5
Director
$0 $0 $0
N/A DIRECTOR 1.5
Director
$0 $0 $0
N/A DIRECTOR 1.5
Director
$0 $0 $0
N/A EXECUTIVE DIRECTOR 8.0
Officer
$28,102 $26,695 $167,204
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
2023 $40,865,850 $647,331 $41,168,958 $40,218,519
2022 $418,077 $393,240 $877,625 $24,837
2021 $276,524 $505,873 $1,045,483 $-229,349
2020 $294,896 $537,581 $1,033,969 $-242,685
2019 $726,833 $706,530 $1,286,864 $20,303
2018 $666,140 $604,260 $1,221,713 $61,880
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