PARTNERS FOR BETTER FUTURES

EIN: 822274818 501(c)(3) Philanthropy & Grantmaking

Los Altos, CA

Total Revenue
$523,134
Total Expenses
$707,448
Total Assets
$248,502
Net Assets
$248,502
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CA
Principal Officer
Andrew Lederer
Phone
4153174913
Tax Period
2024-07-01 to 2025-06-30

PARTNERS FOR BETTER FUTURES, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $523K in total revenue in fiscal year 2024. Revenue surged 86% from the prior year, signaling strong growth momentum. Expenses of $707K exceeded revenue, resulting in a 35% operating deficit.

Mission

Partners for Better Futures (PBF) helps improve the lives of poor people around the world, primarily focusing on children and education. PBF does this by partnering with local organizations that are deeply involved in their own communities, and participating in carefully evaluated projects and programs. There are three programs within PBF: Build a School in Burma (BSB), Build a School in India (BSI), and APC School - Philippines (APC). Prior to the PBF's founding these programs had each operated for several years through "fiscal sponsors." In 2018 these operations joined together in a shared purpose, to help produce better futures for under-served people around the world.

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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 $523,134
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $523,134

Expense Breakdown

Grants Paid $660,636
Salaries & Benefits $27,425
Fundraising Expenses $1,551
Program Expenses $692,890
Other Expenses $19,387
TOTAL EXPENSES $707,448

Year-over-Year Comparison

2024 2023 Change
Revenue $523,134 $280,842 +0.9%
Expenses $707,448 $548,358 +0.3%
Net Income $-184,314 $-267,516 -0.3%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
6

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
5
$0
Total Directors
5
$0
Key Employees
1
$22,435
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Naing Lin Swe Country Director - Burma 40
Key Emp Highest
$22,435 $0 $22,435
Andrew Lederer President 25
Officer Director
$0 $0 $0
Daniel Kipp Treasurer 5
Officer Director
$0 $0 $0
Robert G Cornwell Vice President 15
Officer Director
$0 $0 $0
Mark Kirchen Secretary 5
Officer Director
$0 $0 $0
Joyce McKinney Board member 1
Officer 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
2025 $523,134 $707,448 $248,502 $-184,314
2024 $280,842 $548,358 $432,751 $-267,516
2023 $318,722 $499,590 $700,267 $-180,868
2022 $597,900 $511,605 $881,134 $86,295
2021 $698,586 $429,251 $793,837 $269,335
2020 $659,094 $488,816 $524,502 $170,278
2019 $676,438 $322,214 $354,224 $354,224
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