BETTER FUTURES FOUNDATION INC
SARASOTA,
Florida,
34242
EIN: 50-0019942
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
9042 MIDNIGHT PASS RD APT 2B
34242
COUNTY
sarasota county, FL
IN CARE OF NAME
RICHARD OHLSSON
ORGANIZATIONAL OVERVIEW & RANKINGS
BETTER FUTURES FOUNDATION INC is a based in SARASOTA, FL, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Operating Foundations. Established in October 2006, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $15,397.00, this ranks 670,843 among 2,656,690 nonprofits nationally (Top 26%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 33,341 out of 155,377 organizations in FL (Top 22%).
In sarasota county, FL, the organization ranks 1,192 out of 3,803 nonprofits by assets (Top 32%), while locally in sarasota, it stands at 889 among 2,635 organizations (Top 33%).
The organization reported no revenue in the most recent filing period, placing it at 1,847,928 nationally and 146,963 in FL.
Within its specific NTEE classification (T23 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 2,678 similar organizations, BETTER FUTURES FOUNDATION INC ranks 1,541 in assets (Top 58%) and 1,764 in revenue (Top 66%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .
The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T23: Private Operating Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2019
ACCOUNTING PERIOD
12
INCOME CODE
2: $10,000 to $24,999
INCOME AMOUNT
$22,814.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
10/2006
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$15,397.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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