BETTER WAY OF MIAMI INC (EIN 592462933) - 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

1984

Legal Domicile

Principal Officer

RYAN ROELANS

Phone

3056343409

Tax Period

2024-10-01 to 2025-09-30

BETTER WAY OF MIAMI INC, founded in 1984, is a community nonprofit in the Mental Health sector that reported $7.6M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $6.7M left a modest 11% surplus.

Mission

TO MAKE ADDICTION SERVICES AVAILABLE, ACCESSIBLE, AND AFFORDABLE TO THOSE WHO NEED THEM

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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 $6,919,032

Program Service Revenue $650,111

Investment Income $0

Other Revenue $0

TOTAL REVENUE $7,569,143

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,008,197

Fundraising Expenses $0

Program Expenses $3,534,626

Other Expenses $2,728,986

TOTAL EXPENSES $6,737,183

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,569,143	$6,591,497	+0.1%
Expenses	$6,737,183	$6,387,439	+0.1%
Net Income	$831,960	$204,058	+3.1%

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

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

$351,384

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANY J CLIFF	CHAIRPERSON	2.00	Director	$0	$0	$0
LINDA WHITEHEAD	SECRETARY	2.00	Director	$0	$0	$0
AMADOR ODIO	BOARD MEMBER	2.00	Director	$0	$0	$0
KEVIN C SMITH	BOARD MEMBER	2.00	Director	$0	$0	$0
MELISSA P ST JOHN	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK MANDICH	BOARD MEMBER	2.00	Director	$0	$0	$0
BENJI POWER	BOARD MEMBER	2.00	Director	$0	$0	$0
RYAN ROELANS	PRESIDENT & CEO	40.00	Officer	$194,346	$0	$194,346
SAMUEL GOLDBERG	CHIEF FINANCIAL OFFICER	40.00	Officer	$157,038	$0	$157,038

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
2025	$7,569,143	$6,737,183	$9,808,311	$831,960
2024	$6,591,497	$6,387,439	$8,804,678	$204,058
2023	$6,162,382	$5,438,150	$8,444,540	$724,232
2022	$5,581,677	$4,459,958	$7,764,807	$1,121,719
2021	$5,312,771	$4,122,012	$6,632,200	$1,190,759
2020	$5,060,929	$4,252,892	$5,986,175	$808,037
2019	$4,506,807	$3,934,637	$4,549,389	$572,170
2018	$4,323,523	$3,964,691	$3,981,043	$358,832

BETTER WAY OF MIAMI INC