BETTER THAN I FOUND IT (EIN 830579789) - 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

2018

Legal Domicile

Principal Officer

DANIEL GOKEY

Phone

6155428993

Tax Period

2023-01-01 to 2023-12-31

BETTER THAN I FOUND IT, founded in 2018, is a micro nonprofit that reported $64K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $2.2M exceeded revenue, resulting in a 3284% operating deficit.

Mission

THE MISSION OF BETTER THAN I FOUND IT IS TO PROVIDE SUPPORT TO ORGANIZATIONS WORKING TO IMPROVE THE LIVES OF OTHERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $15,314

Program Service Revenue $0

Investment Income $48,411

Other Revenue $0

TOTAL REVENUE $63,725

Expense Breakdown

Grants Paid $2,136,917

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,140,047

Other Expenses $19,500

TOTAL EXPENSES $2,156,417

Year-over-Year Comparison

	2023	2022	Change
Revenue	$63,725	$75,883	-0.2%
Expenses	$2,156,417	$174,544	+11.4%
Net Income	$-2,092,692	$-98,661	+20.2%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL GOKEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
RUBEN E BURGOS JR	SECRETARY	1.00	Officer Director	$0	$0	$0
PENNY RAILEY	TREASURER	4.00	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
2023	$63,725	$2,156,417	$1,197,880	$-2,092,692
2022	$196,441	$217,127	$3,300,623	$-20,686
2022	$75,883	$174,544	$3,549,631	$-98,661
2021	$76,275	$124,768	$3,929,077	$-48,493
2020	$208,901	$316,156	$3,847,537	$-107,255
2019	$2,552,321	$107,358	$2,475,006	$2,444,963
2018	$331,551	$304,507	$28,238	$27,044

BETTER THAN I FOUND IT