Liabilities / Assets
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Better Future Foundation
990EZ • Fiscal year 2020 • EIN 36-4889885
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
69th percentile
Higher net margin than 69% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
88th percentile
Faster asset growth than 88% of similar nonprofits.
Revenue Growth
76th percentile
Faster revenue growth than 76% of similar nonprofits.
Balance Sheet
Assets
Up$30,079
Up $15,245 (+103%) from 2019
Net Assets
Up$30,079
Up $15,245 (+103%) from 2019
Liabilities
Flat$0
Flat from 2019
Revenue And Expenses
Revenue
Up$79,429
Up $10,422 (+15%) from 2019
Expenses
Up$64,184
Up $2,099 (+3.4%) from 2019
Net Income
Up$15,245
Up $8,323 (+120%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Apr 13, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $79,429
Mission and Program Overview
Mission
Provide assistance to at-risk youth
Program Services
| Description | Grants | Expenses |
|---|---|---|
| We began a virtual food drive where an individual could donate. We could give back to the communities where there was a lack of food being provided to kids and food banks. | - | $18,000 |
| Upon receiving news that 30 children would go without gifts during Christmas, we purchased gifts and clothes for these children. We also purchased a van for Samaritan Inn Org. | - | $17,175 |
| We issued a survey to find out where teacher supplies were most needed. We began a virtual drive to fill that need for teacher supplies. | - | $5,000 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Daniel Butbul | Interim President | - | $0 | - | - |
| Nora Roberts | Secretary | - | $0 | - | - |
| Alejandro Franco | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Better Future Foundation
- EIN
- 36-4889885
- Address
- 6136 Frisco Square Blvd Ste 200, Frisco, TX 75034
Signing Officer
- Name
- Alejandro Franco
- Title
- Treasurer
- Phone
- 9406313553
- Signed
- 2021-04-13
- Discuss with paid preparer
- Yes
Preparer
- Firm
- BW Group Inc
- Address
- 15455 Dallas Pkwy Ste 600, Addison, TX 75001
- Preparer
- Zachary Wilson CPA
- Phone
- 4692266856
Supplemental Narrative
Additional Explanations
General explanation attachment
“The Emilio and Giovanna Piccinini Better Future Foundation is dedicated to rewarding those children who face challenges but still strive to accomplish academic and leadership achievements in hopes of a better future. The foundation provides financial and other meaningful assistance to bright and promising at-risk youth with the ultimate goal of improving their lives and future by providing a hand up not a handout.”
List of grants and similar amounts paid Part I line 10
“Activity Scholarship Grantee Aime Ishimwe Street 7000 Adventist Blvd NW City, State, Zip Huntsville, AL 35896Relationship none Amount 6,000Activity Scholarship Grantee Abdi Yousuf Street 4508 Regal Ridge Dr 2702 City, State, Zip Fort Worth, TX 76119Relationship none Amount 6,000”
Description of other expenses Part I line 16
“Description AmountBank Charges and Fees 572Clothes and Gifts for Children 17,175Disaster Relief 6,357Miscellaneous 3,000Office Supplies and Software 275Other Charities 950School Teacher Grants 3,700Virtual Food Drive Expenses 18,000”
Description of other assets Part II line 24
“Category Beginning of Year End of YearEvent Deposits 0 500”
Raw XML Appendix139 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Alejandro Franco |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9406313553 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6136 Frisco Square Blvd Ste 200 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Frisco |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 75034 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 14834 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 29579 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 79429 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 15245 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2155 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 14834 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 30079 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 12000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 79429 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 14834 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 30079 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 14834 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 30079 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Daniel Butbul |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Nora Roberts |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Alejandro Franco |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Interim President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 500 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 50029 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Provide assistance to at-risk youth |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | We began a virtual food drive where an individual could donate. We could give back to the communities where there was a lack of food being provided to kids and food banks. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Upon receiving news that 30 children would go without gifts during Christmas, we purchased gifts and clothes for these children. We also purchased a van for Samaritan Inn Org. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | We issued a survey to find out where teacher supplies were most needed. We began a virtual drive to fill that need for teacher supplies. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 18000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 17175 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 5000 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 64184 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 40175 |
| IRS990EZ/TotalRevenueAmt | 0 | 79429 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://betterfuturefoundation.org |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 79429 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 69007 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 148436 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 148436 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 79429 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 69007 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 148436 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 79429 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 69007 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 148436 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The Emilio and Giovanna Piccinini Better Future Foundation is dedicated to rewarding those children who face challenges but still strive to accomplish academic and leadership achievements in hopes of a better future. The foundation provides financial and other meaningful assistance to bright and promising at-risk youth with the ultimate goal of improving their lives and future by providing a hand up not a handout. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Activity Scholarship Grantee Aime Ishimwe Street 7000 Adventist Blvd NW City, State, Zip Huntsville, AL 35896Relationship none Amount 6,000Activity Scholarship Grantee Abdi Yousuf Street 4508 Regal Ridge Dr 2702 City, State, Zip Fort Worth, TX 76119Relationship none Amount 6,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description AmountBank Charges and Fees 572Clothes and Gifts for Children 17,175Disaster Relief 6,357Miscellaneous 3,000Office Supplies and Software 275Other Charities 950School Teacher Grants 3,700Virtual Food Drive Expenses 18,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearEvent Deposits 0 500 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | General explanation attachment |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | List of grants and similar amounts paid Part I line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of other assets Part II line 24 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Alejandro Franco |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9406313553 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-04-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Better Future Foundation |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BETT |
| ReturnHeader/Filer/EIN | 0 | 364889885 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 6136 Frisco Square Blvd Ste 200 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Frisco |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 75034 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 800626529 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BW Group Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 15455 Dallas Pkwy Ste 600 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Addison |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 75001 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4692266856 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-04-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Zachary Wilson CPA |
| ReturnHeader/ReturnTs | 0 | 2021-04-13T14:41:47-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Alejandro |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Franco |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $30,079
- Liabilities
- $0
- Net assets
- $30,079
- Revenue
- $79,429
- Expenses
- $64,184
- Net income
- $15,245