Better Community Neighborhoods Inc
Better Community Neighborhoods Inc. shows strong revenue growth but faces occasional deficits, with no reported officer compensation.
EIN: 141504550 · Schenectady, NY · NTEE: L20Z · Updated: 2026-03-28
Is Better Community Neighborhoods Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Better Community Neighborhoods Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Better Community Neighborhoods Inc
Better Community Neighborhoods Inc (EIN: 141504550) is a nonprofit organization based in Schenectady, NY, classified under NTEE code L20Z. The organization reported total revenue of $2.4M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Better Community Neighborhoods Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Better Community Neighborhoods Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Better Community Neighborhoods Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filing periods, indicating that no funds are allocated to officer salaries, which is highly unusual for an organization of this size with revenues exceeding $3 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Better Community Neighborhoods Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (202306) by $106,306, indicating an operating deficit.
- Significant increase in liabilities from $966,598 in 2022 to $2,235,778 in 2023, which warrants further investigation.
- Occasional operating deficits observed in multiple years (e.g., 2023, 2021, 2019) suggest a need for tighter financial planning.
Strengths
The following positive indicators were identified for Better Community Neighborhoods Inc:
- Strong revenue growth, increasing from $951,153 in 2018 to $3,338,045 in 2023, demonstrating expanding capacity.
- Consistently reports 0% officer compensation across all 13 filings, indicating a high dedication of funds to mission-related activities.
- Significant asset growth, from $388,195 in 2018 to $2,975,610 in 2023, enhancing financial stability.
- Consistent IRS 990 filing history (13 filings) demonstrates strong regulatory compliance and transparency.
Frequently Asked Questions about Better Community Neighborhoods Inc
Is Better Community Neighborhoods Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Better Community Neighborhoods Inc (EIN: 141504550) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Better Community Neighborhoods Inc spend its money?
Better Community Neighborhoods Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Better Community Neighborhoods Inc tax-deductible?
Better Community Neighborhoods Inc is registered as a tax-exempt nonprofit (EIN: 141504550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Better Community Neighborhoods Inc. manage its occasional operating deficits, such as the $106,306 deficit in 2023?
The organization's assets have grown significantly, from $388,195 in 2018 to $2,975,610 in 2023, which could provide a buffer for occasional deficits. However, consistent deficits could erode these reserves over time.
What specific programs does Better Community Neighborhoods Inc. operate given its NTEE code L20Z (Housing & Shelter, Temporary Housing)?
While the NTEE code suggests a focus on temporary housing, the provided data does not detail specific programs. Further investigation into their website or full 990 forms would be needed to understand their programmatic activities.
How does the organization sustain operations without any reported officer compensation?
The consistent 0% officer compensation suggests that leadership may be entirely volunteer-based, compensated through other means not classified as officer compensation, or that the organization relies heavily on staff salaries not categorized as officer pay. This is a unique operational model.
What is the long-term strategy for managing liabilities, which have increased significantly to $2,235,778 in 2023?
The increase in liabilities alongside asset growth suggests potential investments or expansion. A detailed look at the balance sheet would be necessary to understand the nature of these liabilities and the organization's strategy for managing them.
Filing History
IRS 990 filing history for Better Community Neighborhoods Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Better Community Neighborhoods Inc's revenue has grown by 265.8%, moving from $912K to $3.3M. Total assets increased by 84.3% over the same period, from $1.6M to $3.0M. Total functional expenses rose by 334%, from $794K to $3.4M. In its most recent filing year (2023), Better Community Neighborhoods Inc reported a deficit of $106K, with expenses exceeding revenue. The organization holds $2.2M in liabilities against $3.0M in assets (debt-to-asset ratio: 75.1%), resulting in net assets of $740K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $3.4M | $3.0M | $2.2M | — | — |
| 2022 | $2.4M | $2.4M | $1.8M | $967K | — | View 990 |
| 2021 | $2.3M | $2.4M | $2.0M | $1.2M | — | View 990 |
| 2020 | $1.4M | $733K | $2.0M | $980K | — | View 990 |
| 2019 | $1.4M | $1.5M | $520K | $532K | — | View 990 |
| 2018 | $951K | $925K | $388K | $321K | — | — |
| 2017 | $905K | $898K | $319K | $279K | — | View 990 |
| 2016 | $1.3M | $1.3M | $495K | $462K | — | — |
| 2015 | $463K | $452K | $1.4M | $1.3M | — | View 990 |
| 2014 | $438K | $491K | $1.6M | $1.5M | — | View 990 |
| 2013 | $299K | $485K | $1.5M | $1.3M | — | View 990 |
| 2012 | $653K | $580K | $1.4M | $1.1M | — | View 990 |
| 2011 | $912K | $794K | $1.6M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $3.4M, and assets of $3.0M (revenue +39.4% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.4M, and assets of $1.8M (revenue +5.5% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.4M, and assets of $2.0M (revenue +64.7% year-over-year).
- 2020: Revenue of $1.4M, expenses of $733K, and assets of $2.0M (revenue -1.3% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.5M, and assets of $520K (revenue +46.9% year-over-year).
- 2018: Revenue of $951K, expenses of $925K, and assets of $388K (revenue +5.1% year-over-year).
- 2017: Revenue of $905K, expenses of $898K, and assets of $319K (revenue -31.4% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $495K (revenue +184.7% year-over-year).
- 2015: Revenue of $463K, expenses of $452K, and assets of $1.4M (revenue +5.8% year-over-year).
- 2014: Revenue of $438K, expenses of $491K, and assets of $1.6M (revenue +46.3% year-over-year).
- 2013: Revenue of $299K, expenses of $485K, and assets of $1.5M (revenue -54.2% year-over-year).
- 2012: Revenue of $653K, expenses of $580K, and assets of $1.4M (revenue -28.4% year-over-year).
- 2011: Revenue of $912K, expenses of $794K, and assets of $1.6M.
Data Sources and Methodology
This transparency report for Better Community Neighborhoods Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.