Getting Better Foundation EIN 47-4770431 Form 990 (PDF) Claim this org

Getting Better Foundation FY2020 filing

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Educates people about positive human behavior to build trust. For fiscal year 2020 it reported $767K in revenue, $149K in expenses, and $1.5M in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Livingston, MT
Website
www.gettingbetterfoundation.org
Filings
5 on file (2020–2020)
Revenue
$767KFY2020
Expenses
$149K
Net assets
$1.5M
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-4770431 Public foundation / grantmaker Livingston, MT
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Educates people about positive human behavior to build trust.
Leadership
Joe Phelps · CEO/President
Money in and out
$767K revenue, $149K expenses
Bottom line
0% program efficiency
Grants paid & assets · FY2020
Total revenue
$767K
Pt VIII · Ln 12
Total expenses
$149K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $618K
Where spending went · Part IX cols B–D
Management & general $1.00
Program efficiency
0%
of spending reaches programs
Operating runway
6.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+81%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$767K
FY2020
Expenses
$149K
FY2020
Total assets
$1.5M
FY2020
Total liabilities
$1K
FY2020
Total revenue
$767K
Pt VIII · Ln 12
Total expenses
$149K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$618K
Total assetsPt X · Ln 16$1.5M
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGetting Better Foundation
EINHdr · item D47-4770431
Principal addressHdr · item CLivingston, MT
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFOct 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
CEO/President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2020.
01

In 2020, Getting Better Foundation Accomplished the Following

1) completed production of a 90-MINUTE documentary on media literacy titled "trust mex; 2) developed strategic partneships to distribute film clips; and 3) hosted numerous films screenings and conferences.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants100%$765K
Investment income$3K
Total revenueLn 12$767K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Management & general $1.00
Management & general100%$149K
Total functional expensesLn 25$149K

Balance Sheet

Part X · end of year
CashLn 1$80K
Total assetsLn 16$1.5M
Total liabilitiesLn 26$1K
Total net assetsLn 32$1.5M
Months of cash on handcomputed6.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $80K · Operating expenses/yr $149K
6.4 months
Where the money goes
Program services
Program services $0 · Total expenses $149K
0%
Management & General
Management & general $149K · Total expenses $149K
100%
Fundraising
Fundraising $0 · Total expenses $149K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $765K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $765K · Total revenue $767K
100%
Government reliance
Government grants — · Total revenue $767K
Earned-income share
Program service revenue $0 · Total revenue $767K
0%
Investment reliance
Investment income $3K · Total revenue $767K
+0.4%
Program self-sufficiency
Program service revenue $0 · Total expenses $149K
0%
Growth & trend
Revenue growth (YoY)
This year $767K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $767K · Expenses $149K
+81%
Liabilities-to-Assets
Total liabilities — · Total assets $1.5M
Net-asset ratio
Net assets $1.5M · Total assets $1.5M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.5M
0%
People & payroll
Highest Reported Total Compensation
Individual Joe Phelps · Reported title CEO/PRESIDENT · Highest reported compensation $0 · Total expenses $149K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $149K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Overhead ratio 100%
Fundraising cost ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 2 funders$86K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$104K revenue · ⤓ 990 PDF
FY2023$65K revenue · ⤓ 990 PDF
FY2022$113K revenue · ⤓ 990 PDF
FY2021$142K revenue · ⤓ 990 PDF
FY2020$767K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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