BETTER LIFE MINISTRIES

EIN: 841213411 501(c)(3) Religion

GREELEY, CO

Total Revenue
$290,215
Total Expenses
$260,781
Total Assets
$156,809
Net Assets
$147,033
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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
1997
Legal Domicile
CO
Principal Officer
Charles Gene Burton
Phone
9703715715
Tax Period
2025-01-01 to 2025-12-31

BETTER LIFE MINISTRIES, founded in 1997, is a small nonprofit in the Religion sector that reported $290K in total revenue in fiscal year 2025. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $261K left a modest 10% surplus.

Mission

Better Life Ministries exists to evangelize the lost with the Gospel of Jesus Christ make disciples strengthen and develop healthy churches and equip leaders to serve the Lord Jesus faithfully.

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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 (2025)

Revenue Breakdown

Contributions & Grants $290,215
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $290,215

Expense Breakdown

Grants Paid $103,087
Salaries & Benefits $32,974
Fundraising Expenses $3,565
Program Expenses $251,082
Other Expenses $124,720
TOTAL EXPENSES $260,781

Year-over-Year Comparison

2025 2024 Change
Revenue $290,215 $225,551 +0.3%
Expenses $260,781 $232,127 +0.1%
Net Income $29,434 $-6,576 -5.5%
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
4
Independent Members
4
Employees
2
Volunteers
15

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
4
$27,864
Total Directors
4
$27,864
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Charles G Burton Executive Director 40.00
Officer Director
$4,200 $14,375 $18,575
Joseph Shehata Treasurer 5.00
Officer Director
$0 $0 $0
John Largo Secretary 1.00
Officer Director
$0 $0 $0
Stephen Walkup Board Member 40.00
Officer Director
$0 $9,289 $9,289
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 $290,215 $260,781 $156,809 $29,434
2024 $225,551 $232,127 $120,573 $-6,576
2023 $264,978 $239,140 $129,314 $25,838
2022 $286,414 $232,997 $108,118 $53,417
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