BETTER TOGETHER STRENGTHENING FAMILES INC

EIN: 475591391 501(c)(3) Human Services

NAPLES, FL

Total Revenue
$15,401,254
Total Expenses
$4,015,226
Total Assets
$21,022,396
Net Assets
$20,856,761
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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
FL
Principal Officer
MEGAN ROSE
Phone
2394702733
Tax Period
2023-01-01 to 2023-12-31

BETTER TOGETHER STRENGTHENING FAMILES INC, founded in 2016, is a mid-sized nonprofit in the Human Services sector that reported $15.4M in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.4M, a strong 74% operating margin.

Mission

BETTER TOGETHER OFFERS PROGRAMS DESIGNED TO PREVENT NEGLECT AND FAMILY BREAKDOWN IN FLORIDA AND NATIONWIDE. (CONTINUED ON SCHEDULE O).

Program Service Accomplishments

Program 1
Expenses: $2,469,849

OUR BETTER FAMILIES PROGRAM IS INCREASING ACROSS THE STATE OF FLORIDA. WE HAVE SERVED OVER 10,000 CHILDREN ACROSS 42 FLORIDA COUNTIES, PROVIDING TEMPORARY LOVING HOMES WHILE HELPING PARENTS REGAIN...

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OUR BETTER FAMILIES PROGRAM IS INCREASING ACROSS THE STATE OF FLORIDA. WE HAVE SERVED OVER 10,000 CHILDREN ACROSS 42 FLORIDA COUNTIES, PROVIDING TEMPORARY LOVING HOMES WHILE HELPING PARENTS REGAIN SELF-SUFFICIENCY. USING OUR INNOVATIVE MODEL, 99.8% OF FAMILIES STAY INTACT WITHOUT FURTHER STATE INTERVENTION. THIS IS DOUBLE THE REUNIFICATION RATE OF FLORIDA FOSTER CARE. WE HAVE SEEN THE NEED FOR FOSTER CARE DECREASE IN COUNTIES SERVED BY BETTER TOGETHER.

Program 2
Expenses: $813,531 Revenue: $6,915

OUR BETTER JOBS PROGRAM IS RAPIDLY SCALING NATIONWIDE. WE HAVE TRAINED HUNDREDS OF CHURCHES ACROSS 26 STATES TO HOST COMPASSIONATE SECOND-CHANCE JOB FAIRS THAT REMOVE THE BARRIERS TO FINDING WORK. WE...

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OUR BETTER JOBS PROGRAM IS RAPIDLY SCALING NATIONWIDE. WE HAVE TRAINED HUNDREDS OF CHURCHES ACROSS 26 STATES TO HOST COMPASSIONATE SECOND-CHANCE JOB FAIRS THAT REMOVE THE BARRIERS TO FINDING WORK. WE OFFER FREE INTERVIEW COACHING, RESUME ASSISTANCE, PROFESSIONAL CLOTHING, HAIRCUTS, LEGAL ADVICE, AND MORE. ALL OF THESE SERVICES ARE PROVIDED THROUGH VOLUNTEERS WITHIN THE LOCAL COMMUNITY. OF THE 10,000 PEOPLE WHO HAVE ATTENDED OUR BETTER JOB FAIRS, 1 IN 4 ARE HIRED ON THE SPOT; 60% FIND A JOB WITHIN SIX WEEKS.

Program 3

OUR PARENT EDUCATION AND RESPITE EVENTS HAVE ENGAGED PARENTS IN THE AREAS WE SERVE ON A VARIETY OF LIFE AND FAMILY TOPICS, GIVING THOSE WHO ONCE SUFFERED IN ISOLATION THE CHANCE TO MEET OTHER...

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OUR PARENT EDUCATION AND RESPITE EVENTS HAVE ENGAGED PARENTS IN THE AREAS WE SERVE ON A VARIETY OF LIFE AND FAMILY TOPICS, GIVING THOSE WHO ONCE SUFFERED IN ISOLATION THE CHANCE TO MEET OTHER PARENTS, RECEIVE SUPPORT, AND BENEFIT FROM THE COLLECTIVE WISDOM OF A COMMUNITY THAT CARES DEEPLY ABOUT THEIR LIVES. THEY ALSO OFFER PARENTS A WELL-DESERVED NIGHT OFF TO REST, RECONNECT WITH A SPOUSE, CATCH UP ON LAUNDRY, ETC., WHILE CHILDREN MEET NEW FRIENDS, PLAY GAMES, ENJOY A MEAL, AND ARE CARED FOR BY LOVING AND CARING VOLUNTEERS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $15,085,480
Program Service Revenue $6,915
Investment Income $351,358
Other Revenue $-42,499
TOTAL REVENUE $15,401,254

Expense Breakdown

Grants Paid $27,195
Salaries & Benefits $2,793,357
Fundraising Expenses $322,719
Program Expenses $3,283,380
Other Expenses $1,194,674
TOTAL EXPENSES $4,015,226

Year-over-Year Comparison

2023 2022 Change
Revenue $15,401,254 $9,739,131 +0.6%
Expenses $4,015,226 $1,913,853 +1.1%
Net Income $11,386,028 $7,825,278 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
50
Volunteers
2635

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
3
$273,785
Total Directors
6
$258,160
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEGAN ROSE CEO 60.00
Officer Director
$250,000 $8,160 $258,160
TARREN BRAGDON PRESIDENT 1.00
Officer Director
$0 $0 $0
DOUG CAMPBELL DIRECTOR 1.00
Director
$0 $0 $0
ALISE BARTLEY DIRECTOR 1.00
Director
$0 $0 $0
RICHARD VAUGHN DIRECTOR 1.00
Director
$0 $0 $0
CHRISTIAN SPILKER DIRECTOR 1.00
Director
$0 $0 $0
MARIA HAYES CFO AS OF 11-16-23 40.00
Officer
$15,625 $0 $15,625
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 $15,401,254 $4,015,226 $21,022,396 $11,386,028
2022 $9,739,131 $1,913,853 $9,461,991 $7,825,278
2021 $2,025,407 $1,291,979 $1,517,274 $733,428
2020 $1,333,598 $871,725 $941,264 $461,873
2019 $762,960 $669,412 $332,959 $93,548
2018 $1,482,591 $1,496,804 $278,605 $-14,213
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