BUILDING A BETTER TOMORROW INC (EIN 470975505) - 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

2014

Legal Domicile

Principal Officer

JASON MAGGARD

Phone

2095857193

Tax Period

2024-01-01 to 2024-12-31

BUILDING A BETTER TOMORROW INC, founded in 2014, is a micro nonprofit in the Housing & Shelter sector that reported $31 in total revenue in fiscal year 2024. Revenue fell 85% from the prior year — a significant decline worth monitoring. Expenses of $300 exceeded revenue, resulting in a 868% operating deficit.

Mission

BUILDING A BETTER TOMORROW, INC.'S MISSION IS TO PROVIDE THOSE WITH FINANCIAL, PHYSICAL, AND/OR LIFE SITUATION LIMITATIONS HOUSING OPPORTUNITIES THEY WOULD NOT OTHERWISE BE AFFORDED AND TO MAKE AVAILABLE A VARIETY OF LIFE IMPROVEMENT TOOLS TO INCLUDE, BUT NOT LIMITED TO: EDUCATIONAL AND CAREER ENHANCEMENT, FINANCIAL COUNSELING AND ESSENTIAL LIFE SKILLS DESIGNED TO EMPOWER THEM TO LEAD A MORE SUCCESSFUL LIFE.

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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 $0

Program Service Revenue $0

Investment Income $70

Other Revenue $-39

TOTAL REVENUE $31

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $300

TOTAL EXPENSES $300

Year-over-Year Comparison

	2024	2023	Change
Revenue	$31	$204	-0.8%
Expenses	$300	$308	0.0%
Net Income	$-269	$-104	+1.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
MATT BARRETT	Director	Director	$0	$0	$0
JASON MAGGARD	President	Officer	$0	$0	$0
CHAD CARLSON	Vice President	Officer	$0	$0	$0
CHRIS STEMPSON	Secretary	Officer	$0	$0	$0
BRAD KOEHN	Treasurer	Officer	$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	$31	$300	$4,912,561	$-269
2023	$204	$308	$5,295,405	$-104
2022	$875	$280	$4,465,081	$595
2021	$494	$407	$3,752,128	$87
2020	$20,351	$44,046	$3,525,273	$-23,695
2019	$-49,271	$92,539	$2,729,582	$-141,810

BUILDING A BETTER TOMORROW INC