Betterways Of Nebraska
EIN: 820747271 · Douglas, NE · NTEE: P29
| Metric | Value |
|---|---|
| Total Revenue | $151K |
| Total Expenses | $147K |
| Net Assets | $6K |
Is Betterways Of Nebraska Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Betterways Of Nebraska
Betterways Of Nebraska (EIN: 820747271) is a nonprofit organization based in Douglas, NE, classified under NTEE code P29. The organization reported total revenue of $151K and total assets of $32K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Betterways Of Nebraska's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Betterways Of Nebraska is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 28.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $144K |
| Total Expenses | $147K |
| Surplus / Deficit | $-3,870 |
| Total Assets | $33K |
| Total Liabilities | $27K |
| Net Assets | $6K |
| Operating Margin | -2.7% |
| Debt-to-Asset Ratio | 82.8% |
| Months of Reserves | 2.7 months |
Financial Health Grade: D
In 2023, Betterways Of Nebraska reported a deficit of $4K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 82.8% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Betterways Of Nebraska's revenue has grown at a compound annual growth rate (CAGR) of 28.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.3% | +55.8% | +3.9% |
| 2022 | +24.5% | +3.9% | +70.6% |
| 2021 | +62.9% | +51.6% | +68.9% |
| 2020 | +6.3% | +5.7% | +35.3% |
| 2019 | +65.8% | +66.7% | +52.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Betterways Of Nebraska has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Betterways Of Nebraska with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 82.8%.
Frequently Asked Questions about Betterways Of Nebraska
Is Betterways Of Nebraska a legitimate charity?
Based on AI analysis of IRS 990 filings, Betterways Of Nebraska (EIN: 820747271) insufficient data. 0 red flags identified, 0 strengths noted.
How does Betterways Of Nebraska spend its money?
Detailed spending breakdown data is not yet available for Betterways Of Nebraska. Check back for updated IRS 990 analysis.
Are donations to Betterways Of Nebraska tax-deductible?
Betterways Of Nebraska is registered as a tax-exempt nonprofit (EIN: 820747271). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Betterways Of Nebraska located?
Betterways Of Nebraska is headquartered in Douglas, Nebraska and files with the IRS under EIN 820747271. It is classified under NTEE code P29.
How many years of IRS 990 filings does Betterways Of Nebraska have?
Betterways Of Nebraska has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $151K in total revenue.
Filing History
IRS 990 filing history for Betterways Of Nebraska showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Betterways Of Nebraska's revenue has grown by 355.7%, moving from $32K to $144K. Total assets increased by 7643.5% over the same period, from $423 to $33K. Total functional expenses rose by 82.2%, from $81K to $147K. In its most recent filing year (2023), Betterways Of Nebraska reported a deficit of $4K, with expenses exceeding revenue. The organization holds $27K in liabilities against $33K in assets (debt-to-asset ratio: 82.8%), resulting in net assets of $6K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $144K | $147K | $33K | $27K | — | — |
| 2022 | $130K | $95K | $32K | $22K | — | View 990 |
| 2021 | $105K | $91K | $18K | $45K | — | — |
| 2020 | $64K | $60K | $11K | $50K | — | — |
| 2019 | $60K | $57K | $8K | $52K | — | View 990 |
| 2018 | $36K | $34K | $5K | $52K | — | View 990 |
| 2017 | $32K | $81K | $423 | $50K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $144K, expenses of $147K, and assets of $33K (revenue +10.3% year-over-year).
- 2022: Revenue of $130K, expenses of $95K, and assets of $32K (revenue +24.5% year-over-year).
- 2021: Revenue of $105K, expenses of $91K, and assets of $18K (revenue +62.9% year-over-year).
- 2020: Revenue of $64K, expenses of $60K, and assets of $11K (revenue +6.3% year-over-year).
- 2019: Revenue of $60K, expenses of $57K, and assets of $8K (revenue +65.8% year-over-year).
- 2018: Revenue of $36K, expenses of $34K, and assets of $5K (revenue +15.6% year-over-year).
- 2017: Revenue of $32K, expenses of $81K, and assets of $423.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Betterways Of Nebraska:
Data Sources and Methodology
This transparency report for Betterways Of Nebraska 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.