Believing in Our Future INC

Tax-deductible

Dallas, TX501(c)(3)Food & AgricultureEIN 46-0642106Revenue $198K in FY2024

On file with the IRS4232 S Westmoreland Rd, 75233-3720 · Dallas, TXTax-exempt since Sep 2013Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

It is the mission,duty,and purpose of Believing In Our Future,Inc to offer sequential programs for poverty,homeless children and adults that enhances their mind,body and self-esteem.

501(c)(3) charity; gifts are tax-deductible.
Run by 12 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $30K a year · 11% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Pay to officers and key staff
$20K
to officers and key staff
Top officer’s pay lower than 63% of similar orgs
No data yet: the filing does not give pay as a share of spending.
Pt VII · Sec A
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$198K
-6% vs prior year
Net assets
$13K
By yearFY2020–FY2024
Revenue
$198K
FY2024▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2020$313K
FY2021$267K
FY2022$283K
FY2023$210K
FY2024$198K
Expenses
—
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2020$310K
FY2021$229K
FY2022$256K
FY2023$159K
FY2024Not on file
Net assets
$13K
FY2024▼ -89%
Tap a bar for its year
Net assets by fiscal year
FY2020$2K
FY2021$40K
FY2022$67K
FY2023$118K
FY2024$13K

From the FY2024 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2013.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

2 people listed on the 990-EZ; $20K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$10,000Pt VII · Sec A
Program Coordinator
$10,000Pt VII · Sec A

Sherrie Anderson’s $10K as Executive Director is at the 37th percentile of top reported officer pay among 133 <$100K food & agriculture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Veodis Bright$10,000$21,000$51,000$61,030$74,200
Sherrie Anderson$10,000$24,000$59,000$49,565—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Believing in Our Future INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Programs and updates

Provides programs to improve the minds, bodies, and self-esteem of children and adults facing poverty and homelessness.

Questions for Believing in Our Future INC

Tap to ask. Believing in Our Future INC sees how many people are interested.

Your first name shows with your question. Believing in Our Future INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · in their own filed words · FY2023
01

Assisting disable and elderly adults and families with home repair and modifications to their homes.To help improve their health and safety.

Pt IX · col B
02

Homeless outreach program

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2024 990-EZ, line by line.

1The main four
Money in
$198K
Other income$198K
Owns and owes
$13K
net assets
People
2
listed
Paid2
2In more detail
Revenue in detail
Other income$198K
Total revenue$198K
Assets in detailEnd of year
Net assets$13K
Operations
Employees0
Volunteers12
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $198K$13K 990 PDF
FY2023 $210K$159K$51K$118K 990 PDF
FY2022 $283K$256K$27K$67K 990 PDF
FY2021 $267K$229K$38K$40K 990 PDF
FY2020 $313K$310K$2K$2K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.