Civic Intelligence

Better Options Tn

990EZ • Fiscal year 2021 • EIN 81-5482686

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 06, 2022

Organization Profilehttp//www.betteroptionstn.com
1338 W Main StreetFranklin, TN 37064

(615) 424-0045

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

15th percentile

-32%

Higher net margin than 15% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

5th percentile

-70%

Faster asset growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Revenue Growth

24th percentile

-34%

Faster revenue growth than 24% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$1,567

Down $15,720 (-91%) from 2019

Net Assets

Down

$1,567

Down $15,720 (-91%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin15th percentile

Revenue

Down

$25,298

Down $32,265 (-56%) from 2019

Expenses

Down

$33,340

Down $11,123 (-25%) from 2019

Net Income

Down

-$8,042

Down $21,142 (-161%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2019: $17,287Liabilities 2019: $0Net Assets 2019: $17,2872019Assets 2021: $1,567Liabilities 2021: $0Net Assets 2021: $1,5672021Assets 2022: $18,985Liabilities 2022: $0Net Assets 2022: $18,9852022Assets 2023: $5,027Net Assets 2023: $5,0272023Assets 2024: $88,710Net Assets 2024: $88,7102024

Highlighted filing

2021

Assets$1,567
Liabilities$0
Net Assets$1,567
Open 2021 Filing

Operations Trend

Revenue Growth24th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2019: $57,563Expenses 2019: $44,463Net Income 2019: $13,1002019Revenue 2021: $25,298Expenses 2021: $33,340Net Income 2021: -$8,0422021Revenue 2022: $70,014Expenses 2022: $52,596Net Income 2022: $17,4182022Revenue 2023: $82,408Expenses 2023: $96,366Net Income 2023: -$13,9582023Revenue 2024: $93,418Expenses 2024: $136,418Net Income 2024: -$43,0002024

Highlighted filing

2021

Revenue$25,298
Expenses$33,340
Net Income-$8,042
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 6, 2022
Return Version
2021v4.2
Gross Receipts
$25,298
Mission and Program Overview

Mission

Educational and mentoring

Program Services

DescriptionGrantsExpenses
Education and mentoring-$15,762
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LUIS SURAPresidentFT$0--
MERVYN SHEPPARDSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Better Optionstn
EIN
81-5482686
Address
1338 W MAIN STREET, Franklin, TN 37064

Signing Officer

Name
Luis Sura
Title
President
Phone
6154240045
Signed
2022-06-06
Discuss with paid preparer
Yes

Preparer

Firm
J&r Accounting and Tax Services Inc
Address
400 DOWNS BLVD SUITE 140, Franklin, TN 37064
Preparer
Robert Doll
Phone
6157215151
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity SCHOOL SUPPLIES FOR UNDERPRIVILEGED CHILDREN Grantee VARIOUS Street VARIOUS City, State, Zip Franklin, TN 37064Relationship NO RELATIONSHIPS Amount 15,762”

Description of other expenses Part I line 16

“Description AmountBANK FEES 32LICENSES FEE 67CONFERNECE FEE 750MEALS AND ENTERTAINMENT 174REGISTRATION FEES 2,995”

Raw XML Appendix120 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MERVYN SHEPPARD
IRS990EZ/BooksInCareOfDetail/PhoneNum06154240045
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01338 W MAIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Franklin
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037064
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09609
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01567
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt025298
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8042
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01122
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt09609
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01567
IRS990EZ/GrantsAndSimilarAmountsPaidAmt015762
IRS990EZ/GrossReceiptsAmt025298
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt09609
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01567
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt09609
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01567
IRS990EZ/OccupancyRentUtltsAndMaintAmt012438
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LUIS SURA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MERVYN SHEPPARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt04018
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Educational and mentoring
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Education and mentoring
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt015762
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt033340
IRS990EZ/TotalProgramServiceExpensesAmt015762
IRS990EZ/TotalRevenueAmt025298
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt025298
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt057646
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt082944
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt082944
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt025298
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt057646
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt082944
IRS990ScheduleA/TotalSupportAmt082944
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity SCHOOL SUPPLIES FOR UNDERPRIVILEGED CHILDREN Grantee VARIOUS Street VARIOUS City, State, Zip Franklin, TN 37064Relationship NO RELATIONSHIPS Amount 15,762
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountBANK FEES 32LICENSES FEE 67CONFERNECE FEE 750MEALS AND ENTERTAINMENT 174REGISTRATION FEES 2,995
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LUIS SURA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06154240045
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BETTER OPTIONSTN
ReturnHeader/Filer/BusinessNameControlTxt0BETT
ReturnHeader/Filer/EIN0815482686
ReturnHeader/Filer/USAddress/AddressLine1Txt01338 W MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0Franklin
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037064
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0J&R ACCOUNTING AND TAX SERVICES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0400 DOWNS BLVD SUITE 140
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Franklin
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037064
ReturnHeader/PreparerPersonGrp/PhoneNum06157215151
ReturnHeader/PreparerPersonGrp/PreparationDt02022-08-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT DOLL
ReturnHeader/ReturnTs02022-08-26T11:52:18-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LUIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SURA
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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.

Open filing
Assets
$1,567
Liabilities
$0
Net assets
$1,567
Revenue
$25,298
Expenses
$33,340
Net income
-$8,042
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.89$0.89$0.93$1.36$0.43
2023Detailed filing. Detailed filing data is available for this year.$0.05$0.05$0.82$0.96$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.70$0.53$0.17
2021Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.25$0.33$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.58$0.44$0.13