2 BETA

EIN: 850557358 501(c)(3) Housing & Shelter

DRAPER, UT

Total Revenue
$14,188
Total Expenses
$11,655
Total Assets
$12,839
Net Assets
$12,839
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Legal Domicile
UT
Principal Officer
MAX JOHNSON
Phone
8015608069
Tax Period
2023-01-01 to 2023-12-31

2 BETA is a micro nonprofit in the Housing & Shelter sector that reported $14K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $3K, a strong 18% operating margin.

Mission

FOR EXAMPLE, MARIA GUARCHAJ PERECHU AND HER TWO SONS, ROLAND AND ABDIAS, WERE ONE OF THE FIRST FAMILIES SPONSORED IN THE PROGRAM. PRIOR TO THE SPONSORSHIP, THE FAMILY WAS VERY POOR AFTER THE HUSBAND ABANDONED THE FAMILY. THE BOYS WERE OFTEN FORCED TO BEG FOR BREAD AROUND THE COMMUNITY DUE TO LACK OF FOOD, AND ROLAND STOPPED ATTENDING CLASSES BY 3RD GRADE BECAUSE THE FAMILY COULD NOT AFFORD THE FEES. SINCE BEING IN THE PROGRAM, BOTH BOYS HAVE BEEN ENROLLED IN SCHOOL AND ROLAND HAS MADE UP ONE OF THE YEARS MISSED DURING HIS ABSENCE. THE FAMILY HAS BEEN ABLE TO INVEST IN A MODEST FOOD STORAGE SO THAT THEY DO NOT GO HUNGRY. MARIA HAS BEEN ABLE TO FIND MORE STABLE EMPLOYMENT NOW THAT HER FAMILY'S BASIC NEEDS HAVE BEEN MET AND SHE DOES NOT NEED TO WATCH HER SONS DURING THE DAY AS THEY ARE AT SCHOOL. THIS IS A COMMON STORY ACROSS ALL FAMILIES IN THE PROGRAM.

Program Service Accomplishments

Program 1
Expenses: $11,004

PROGRAM EXPENSES IN VENEZUELA

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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 (2023)

Revenue Breakdown

Contributions & Grants $10,247
Program Service Revenue $3,941
Investment Income $0
Other Revenue $0
TOTAL REVENUE $14,188

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,004
Other Expenses $11,655
TOTAL EXPENSES $11,655

Year-over-Year Comparison

2023 2022 Change
Revenue $14,188 $12,140 +0.2%
Expenses $11,655 $7,334 +0.6%
Net Income $2,533 $4,806 -0.5%
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
5
Independent Members
5
Employees
N/A
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID AGUIAR VICE CHAIR 5.00
Officer Director
$0 $0 $0
DON CARLSON FIANCE COMMI 1.00
Director
$0 $0 $0
DEBORAH FLETCHER MARKETING CO 1.00
Director
$0 $0 $0
FRANK JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
MAX JOHNSON CHAIRMAN 5.00
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 $14,188 $11,655 $12,839 $2,533
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