BETTER CHOICES INC

EIN: 680462072 501(c)(3) Human Services

REDDING, CA

Total Revenue
$515,992
Total Expenses
$464,655
Total Assets
$313,799
Net Assets
$160,128
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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
2003
Legal Domicile
CA
Principal Officer
NENA PANZA
Phone
5302221826
Tax Period
2024-01-01 to 2024-12-31

BETTER CHOICES INC, founded in 2003, is a small nonprofit in the Human Services sector that reported $516K in total revenue in fiscal year 2024. Expenses of $465K left a modest 10% surplus.

Mission

PROVIDE FOSTER CARE PLACEMENT FOR CHILDREN.

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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 (2024)

Revenue Breakdown

Contributions & Grants $500
Program Service Revenue $498,033
Investment Income $0
Other Revenue $17,459
TOTAL REVENUE $515,992

Expense Breakdown

Grants Paid $0
Salaries & Benefits $185,345
Fundraising Expenses $0
Program Expenses $464,655
Other Expenses $279,310
TOTAL EXPENSES $464,655

Year-over-Year Comparison

2024 2023 Change
Revenue $515,992 $479,476 +0.1%
Expenses $464,655 $571,171 -0.2%
Net Income $51,337 $-91,695 -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

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Governance

Voting Members
7
Independent Members
7
Employees
10
Volunteers
5

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
0
$0
Total Directors
5
$50,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NENE PANZA EXECUTIVE DIRECTOR 40
Director
$50,000 $0 $50,000
RAYMOND HOLDEN BOARD MEMBER 2
Director
$0 $0 $0
TYLER ROWLEY BOARD MEMBER 2
Director
$0 $0 $0
LONNIE MARTIIN PRESIDENT 2
Director
$0 $0 $0
KEN IWAMURA TREASURER 2
Director
$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 $515,992 $464,655 $313,799 $51,337
2023 $479,476 $571,171 $127,807 $-91,695
2022 $662,855 $659,698 $225,584 $3,157
2021 $952,211 $833,468 $233,478 $118,743
2020 $833,534 $820,811 $139,523 $12,723
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