Liabilities / Assets
53rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Better Future Foundation
990EZ • Fiscal year 2021 • EIN 36-4889885
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
54th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
27th percentile
Higher net margin than 27% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
71st percentile
Faster asset growth than 71% of similar nonprofits.
Revenue Growth
61st percentile
Faster revenue growth than 61% of similar nonprofits.
Balance Sheet
Assets
Down$23,640
Down $6,439 (-21%) from 2020
Net Assets
Down$23,640
Down $6,439 (-21%) from 2020
Liabilities
Flat$0
Flat from 2020
Revenue And Expenses
Revenue
Up$94,604
Up $15,175 (+19%) from 2020
Expenses
Up$101,043
Up $36,859 (+57%) from 2020
Net Income
Down-$6,439
Down $21,684 (-142%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Apr 6, 2022
- Return Version
- 2021v4.1
- Gross Receipts
- $94,604
Mission and Program Overview
Mission
Provide assistance to at-risk youth
Program Services
| Description | Grants | Expenses |
|---|---|---|
| We donated money to various other charities including but not limited to City House, Rio Grande Valley Food Bank, Family Place, Genesis Womens Shelter, and several more. | - | $59,750 |
| We provided scholarships for 4 different students to help cover the cost of furthering their education. | $24,000 | $24,000 |
| Upon receiving news that 51 children would go without gifts during Christmas, we purchased gifts and clothes for these children. | - | $14,526 |
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
- 2022-04-06
- 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 Solange Nyiramahirwe Street 2305 Tudor Drive Apt 4401 City, State, Zip Fort Worth, TX 76119Relationship none Amount 6,000Activity Scholarship Grantee Marc Elie Mbourou Street 1700 Rogers Rd Apt 238 City, State, Zip Fort Worth, TX 76107Relationship none Amount 6,000Activity Scholarship Grantee Indira Sarina Almaraz Ramos Street 5912 Richmond Dr City, State, Zip North Richland Hills, TX 76180Relationship none Amount 6,000Activity Scholarship Grantee Om Gurung Street 7858 Blacklick View Drive City, State, Zip Blacklick, OH 43004Relationship none Amount 6,000”
Description of other expenses Part I line 16
“Description AmountBank Charges and Fees 585Christmas Gifts 14,526Donations to Other Charities 59,750Miscellaneous 407”
Description of other assets Part II line 24
“Category Beginning of Year End of YearEvent Deposits 500 500”
Raw XML Appendix149 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 | 29579 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 23140 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 94604 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -6439 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1775 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 30079 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 23640 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 24000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 94604 |
| 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 | 30079 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 23640 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 30079 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 23640 |
| 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 | 500 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 500 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 75268 |
| 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 donated money to various other charities including but not limited to City House, Rio Grande Valley Food Bank, Family Place, Genesis Womens Shelter, and several more. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | We provided scholarships for 4 different students to help cover the cost of furthering their education. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | Upon receiving news that 51 children would go without gifts during Christmas, we purchased gifts and clothes for these children. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 24000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 59750 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 24000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 14526 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| 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 | 101043 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 98276 |
| IRS990EZ/TotalRevenueAmt | 0 | 94604 |
| 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 | 94604 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 79429 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 69007 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 243040 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 243040 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 94604 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 79429 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 69007 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 243040 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 94604 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 79429 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 69007 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 243040 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| 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 Solange Nyiramahirwe Street 2305 Tudor Drive Apt 4401 City, State, Zip Fort Worth, TX 76119Relationship none Amount 6,000Activity Scholarship Grantee Marc Elie Mbourou Street 1700 Rogers Rd Apt 238 City, State, Zip Fort Worth, TX 76107Relationship none Amount 6,000Activity Scholarship Grantee Indira Sarina Almaraz Ramos Street 5912 Richmond Dr City, State, Zip North Richland Hills, TX 76180Relationship none Amount 6,000Activity Scholarship Grantee Om Gurung Street 7858 Blacklick View Drive City, State, Zip Blacklick, OH 43004Relationship none Amount 6,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description AmountBank Charges and Fees 585Christmas Gifts 14,526Donations to Other Charities 59,750Miscellaneous 407 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearEvent Deposits 500 500 |
| 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 | 2022-04-06 |
| 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 | 2022-04-06 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Zachary Wilson CPA |
| ReturnHeader/ReturnTs | 0 | 2022-04-06T14:26:08-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Alejandro |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Franco |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $23,640
- Liabilities
- $0
- Net assets
- $23,640
- Revenue
- $94,604
- Expenses
- $101,043
- Net income
- -$6,439