Civic Intelligence

Better World Fund Inc

EIN 58-2366765 • 501(c)3 • Washington, DC

Profile

The better world fund was created in 1998 to build and implement public-private partnerships to address the world's most pressing problems, and works to broaden support for the united nations (un) through advocacy and public outreach. The better world fund coordinates several domestic advocacy and partnership efforts. Through our campaigns and partnerships, we seek to make it easy for corporations, nongovernmental organizations and individuals to engage in the work of the un. The better world campaign, an initiative of the better world fund, works to strengthen the relationship between the united states of america and the un through outreach, communications, and advocacy. We encourage u.s. Leadership to enhance the un's ability to carry out its invaluable international work on behalf of peace, progress, freedom, and justice. In these efforts, we engage policy makers, the media, and the american public to increase awareness of and support for the un.

1750 Pennsylvania Avenue NW Ste 300Washington, DC 20006

www.betterworldfund.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

0.97x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

1.13x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

50th percentile

4.5%

Higher net margin than 50% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

58th percentile

7.4%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

80th percentile

33%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Assets

Up

$8,659,557

Up $1,816,833 (+27%) from 2023

Liabilities

Up

$8,407,996

Up $1,379,296 (+20%) from 2023

Net Assets

Up

$251,561

Up $437,537 (+235%) from 2023

Revenue

Up

$7,472,245

Up $6,242,141 (+507%) from 2023

Expenses

Up

$7,135,545

Up $2,888,648 (+68%) from 2023

Net Income

Up

$336,700

Up $3,353,493 (+111%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0-$10MAssets 2010: $22,912,269Liabilities 2010: $1,833,390Net Assets 2010: $21,078,8792010Assets 2011: $29,681,018Liabilities 2011: $2,889,666Net Assets 2011: $26,791,3522011Assets 2012: $25,566,012Liabilities 2012: $3,693,317Net Assets 2012: $21,872,6952012Assets 2013: $16,663,168Liabilities 2013: $969,989Net Assets 2013: $15,693,1792013Assets 2014: $8,537,740Liabilities 2014: $1,188,421Net Assets 2014: $7,349,3192014Assets 2015: $6,481,975Liabilities 2015: $742,535Net Assets 2015: $5,739,4402015Assets 2016: $4,811,228Liabilities 2016: $621,495Net Assets 2016: $4,189,7332016Assets 2017: $5,579,175Liabilities 2017: $1,090,961Net Assets 2017: $4,488,2142017Assets 2018: $4,921,687Liabilities 2018: $230,293Net Assets 2018: $4,691,3942018Assets 2019: $6,703,135Liabilities 2019: $2,447,572Net Assets 2019: $4,255,5632019Assets 2020: $5,413,020Liabilities 2020: $1,220,595Net Assets 2020: $4,192,4252020Assets 2021: $6,993,265Liabilities 2021: $3,262,788Net Assets 2021: $3,730,4772021Assets 2022: $7,503,700Liabilities 2022: $5,185,022Net Assets 2022: $2,318,6782022Assets 2023: $6,842,724Liabilities 2023: $7,028,700Net Assets 2023: -$185,9762023Assets 2024: $8,659,557Liabilities 2024: $8,407,996Net Assets 2024: $251,5612024

Highlighted filing

2024

Assets$8,659,557
Liabilities$8,407,996
Net Assets$251,561

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10MExpenses 2010: $12,493,7062010Expenses 2011: $14,911,8112011Expenses 2012: $13,497,3222012Revenue 2013: $6,098,949Expenses 2013: $12,278,465Net Income 2013: -$6,179,5162013Revenue 2014: $3,216,785Expenses 2014: $11,296,872Net Income 2014: -$8,080,0872014Revenue 2015: $6,862,380Expenses 2015: $8,324,455Net Income 2015: -$1,462,0752015Revenue 2016: $4,574,315Expenses 2016: $6,292,542Net Income 2016: -$1,718,2272016Revenue 2017: $5,306,184Expenses 2017: $5,346,277Net Income 2017: -$40,0932017Revenue 2018: $5,591,780Expenses 2018: $5,206,350Net Income 2018: $385,4302018Revenue 2019: $4,212,927Expenses 2019: $4,889,604Net Income 2019: -$676,6772019Revenue 2020: $3,803,777Expenses 2020: $4,457,249Net Income 2020: -$653,4722020Revenue 2021: $3,925,019Expenses 2021: $4,488,355Net Income 2021: -$563,3362021Revenue 2022: $4,201,537Expenses 2022: $4,644,859Net Income 2022: -$443,3222022Revenue 2023: $1,230,104Expenses 2023: $4,246,897Net Income 2023: -$3,016,7932023Revenue 2024: $7,472,245Expenses 2024: $7,135,545Net Income 2024: $336,7002024

Highlighted filing

2024

Revenue$7,472,245
Expenses$7,135,545
Net Income$336,700

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.66$8.41$0.25$7.47$7.14$0.34
2023Detailed filing. Detailed filing data is available for this year.$6.84$7.03$0.19$1.23$4.25$3.02
2022Detailed filing. Detailed filing data is available for this year.$7.50$5.19$2.32$4.20$4.64$0.44
2021Detailed filing. Detailed filing data is available for this year.$6.99$3.26$3.73$3.93$4.49$0.56
2020Detailed filing. Detailed filing data is available for this year.$5.41$1.22$4.19$3.80$4.46$0.65
2019Detailed filing. Detailed filing data is available for this year.$6.70$2.45$4.26$4.21$4.89$0.68
2018Detailed filing. Detailed filing data is available for this year.$4.92$0.23$4.69$5.59$5.21$0.39
2017Detailed filing. Detailed filing data is available for this year.$5.58$1.09$4.49$5.31$5.35$0.04
2016Detailed filing. Detailed filing data is available for this year.$4.81$0.62$4.19$4.57$6.29$1.72
2015Detailed filing. Detailed filing data is available for this year.$6.48$0.74$5.74$6.86$8.32$1.46
2014Detailed filing. Detailed filing data is available for this year.$8.54$1.19$7.35$3.22$11.3$8.08
2013Detailed filing. Detailed filing data is available for this year.$16.7$0.97$15.7$6.10$12.3$6.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.6$3.69$21.9$13.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.7$2.89$26.8$14.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.9$1.83$21.1$12.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$7,472,245
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,180,740$4,781,101▲ $1,600,361
Investments in Publicly Traded Securities$3,504,714$3,540,083▲ $35,369
Prepaid Expenses and Deferred Charges$157,270$338,373▲ $181,103
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$6,842,724$8,659,557▲ $1,816,833
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$6,825,798$8,245,115▲ $1,419,317
Accounts Payable and Accrued Expenses$197,072$157,051▼ $40,021
Deferred Revenue$5,830$5,830→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$7,028,700$8,407,996▲ $1,379,296
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,340,728$3,277,632▼ $63,096
Net Assets Without Donor Restrictions$-3,526,704$-3,026,071▲ $500,633
Total Net Assets Fund Balance$-185,976$251,561▲ $437,537
Total Liabilities and Net Assets / Fund Balance$6,842,724$8,659,557▲ $1,816,833

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$2,809,694-▲ $322,687$221,850$2,910,531
2023$2,476,551-▲ $512,139$178,996$2,809,694
2022$3,409,795-▼ $700,792$232,452$2,476,551
2021$2,575,000-▲ $356,537$356,537$2,575,000
2020$2,575,000-▲ $669,123$669,123$2,575,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter YeoPresident of Bwc & Sr. VPFT$302,578$58,862$361,440
George HannumExec Director Bwc, Sr Director Us-un RelFT$155,848$65,299$221,147
Micah SpanglerSr Dir, Advoc. & Ext Rel., BwcFT$145,014$40,682$185,696
Brian MassaDir,glob Hlth Adv.,imm. & GhsFT$121,404$57,540$178,944
Vincent ValdmanisDirectorFT$112,788$46,012$158,800
Elizabeth CousensPresident & CEOPT$60,894$12,617$73,511
Henry F De Sio JrChief Operating OfficerPT$45,846$13,206$59,052
David OhanaChief Commn. OfficerPT$54,003$1,931$55,934
Shenae BurgessChief Financial OfficerPT$42,508$3,825$46,333

Board Members and Trustees

NameTitle
Re TurnerChairman
Timothy E WirthDirector & Vice Chair
Fabio C BarbosaDirector
Kathryn Calvin WaltersDirector
Laura Turner SeydelDirector
Nr Narayana MurthyDirector
Rutherford SeydelSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Kyle House Group LLCConsultant Fees1747 PENNSYLVANIA AVE NW STE 1150, Washington, DC 20006$175,500
Mark L Goldberg LLCConsultant Fees1135 S YORK STREET, Denver, CO 80210$162,000
BGR GroupConsultant Fees601 13TH STREET NW 11TH FLOOR S, Washington, DC 20005$120,000
Revenue and Support

Revenue Composition

Contributions and Grants
$7,214,419
Program Service Revenue
$0
Investment Income
$257,826
Other Revenue
$0
All Other Contributions
$6,961,282
Change in Net Assets
$336,700

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,472,245
Revenue Not Reported on Form 990
$100,837
Total Revenue per Audited Statements
$7,573,082
Total Revenue per Form 990
$7,472,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,369,189
Other Expenses$2,756,356
Total Fundraising Expense$345,204
Grants and Similar Amounts Paid$10,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,728,213$598,247$171,653$3,498,113
Fees for Services Other$1,063,639$234,333$66,017$1,363,989
Conferences and Meetings$341,860$75,316$21,218$438,394
Other Employee Benefits$286,252$63,065$17,767$367,084
Current Officers, Directors, Trustees, and Key Employees$182,736$43,073$9,021$234,830
Office Expenses$139,366$30,704$8,650$178,720
Payroll Taxes$118,491$26,105$7,354$151,950
Other Expenses$116,197$27,612$7,660$151,469
Travel$105,470$23,236$6,546$135,252
Pension Plan Contributions$91,402$20,137$5,673$117,212
Information Technology$77,938$17,171$4,837$99,946
Occupancy$14,069$3,100$873$18,042
Fees for Services Accounting$13,647$3,007$847$17,501
Fees for Services Legal$8,742$1,926$543$11,211
Grants to Domestic Orgs$10,000--$10,000
Fees for Services Lobbying$6,043$1,331$375$7,749
Total Functional Expenses$5,564,582$1,225,759$345,204$7,135,545

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,135,545
Total Expenses per Audited Statements$7,135,545
Total Expenses per Form 990$7,135,545
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Una Greater Detroit ChapterDetroit, MI501(c)(7)Advocacy$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$8,245,115
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, LINE 2:

Laura turner seydel is the daughter of r. E. Turner and spouse of rutherford seydel. R. E. Turner is father of laura turner seydel and father-in-law of rutherford seydel. Rutherford seydel is spouse to laura turner seydel and son-in-law to r.e. Turner.

FORM 990, PART VI, LINE 11B:

The draft form is reviewed by the chief financial officer, the chief operating officer, the chief executive officer and relevant members of the board of directors, and the organization's legal counsel. The finalized draft, incorporating any changes or comments, is filed with the irs and posted on our website.

FORM 990, PART VI, LINE 12C:

Officers, directors or trustees, and key employees are required to disclose in writing interests that could give rise to conflicts annually or when circumstances change. These circumstances are reviewed by management on an on-going basis in the course of our day-to-day operations. When a conflict of interest arises, recusal from the decisions and deliberation is required. There were no such circumstances in the period covered by this report.

FORM 990, PART VI, LINES 15A & 15B:

Any changes to the president & ceo's compensation require board approval. The board reviews the president & ceo's compensation annually and it was last reviewed in january 2024. Comparable data from peer organizations is used in determining the president & ceo's compensation. Any changes to the president & ceo's compensation are documented by the organization. For applicable officers and for key employees, compensation is determined based on qualifications, duties and salaries paid by peer organizations.

FORM 990, PART VI, LINE 19:

The governing documents are provided upon written request. The conflict of interest policy, audited financial statements and form 990 are available on our website.

Filing and Contact Details

Filer

Filer Name
Better World Fund Inc
EIN
58-2366765
In Care Of
% SHENAE BURGESS
Phone
2028879040
Address
1750 PENNSYLVANIA AVENUE NW STE 300, WASHINGTON, DC 20006

Signing Officer

Name
Elizabeth Cousens
Title
President & CEO
Phone
2027883540
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shenae Burgess
Formed
1998
Legal Domicile
Ga
Voting Board Members
7
Independent Board Members
6
Employees
13
Volunteers
11

Preparer

Firm
PwC US Tax LLP
Address
655 NEW YORK AVE SUITE 1100, WASHINGTON, DC 20001
Preparer
Anne Pancheri
Phone
2024141000
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1:

The better world fund supports the un and un causes by advocating for the un and providing a platform to generate ideas, resources, and partnerships to help the un solve global problems and undertake lifesaving activities.

FORM 990, PART III, LINE 1:

The better world fund supports the un and un causes by advocating for the un and providing a platform to generate ideas, resources, and partnerships to help the un solve global problems and undertake lifesaving activities.

Form 990 Part IX Line 11G

Description:other professional fees total fees:1363989

Financial Statement Notes

SCHEDULE D, PART V, LINE 4:

Intended uses of better world fund's endowment fund include maintenance and operation of a conference room and for general operations of better world fund programs.

SCHEDULE D, PART X, LINE 2:

Bwf has received a ruling from the internal revenue service that it is exempt from federal income tax under section 501(c)(3) of the internal revenue code as a public charity, other than unrelated business income. Since bwf has no significant unrelated business income, no provision for income tax has been recorded. Fasb's guidance on accounting for uncertainty in income taxes clarifies the accounting for uncertainty of income tax positions. This guidance defines the threshold for recognizing tax return positions in the financial statements as "more likely than not" that the position is sustainable, based on its technical merits. This guidance also provides guidance on the measurement, classification, and disclosure of tax return positions in the financial statements. There was no impact on bwf's financial statements during the years ended december 31, 2024 and 2023 resulting from this guidance.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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