Better World Empirics FY2019 filing

Tax-deductible

Redwood City, CA501(c)(3)InternationalEIN 81-4540488

To provide research-related support to government agencies, enterprises, and academics.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2019 · Form 990Independent: 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
FY2020
latest Form 990
Concern: the latest return is for FY2020, 6 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 2
filings with a surplus
Average deficit $29K a year · 95% of revenue · last 2 filings
Concern: a surplus in 0 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
10 mo
of spending, in cash
Looks good: 9.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$60K
Spent
$92K
To programs
100%
Net assets
$74K
By yearFY2019–FY2020
Revenue
$60K
FY2019
Revenue by fiscal year
FY2019$60K
FY2020$0
Expenses
$92K
FY2019
Expenses by fiscal year
FY2019$92K
FY2020$25K
Net assets
$74K
FY2019
Net assets by fiscal year
FY2019$74K
FY2020$48K

From the FY2019 Form 990 (year ending August 2019) · see the original

You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2020) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2020. IRS ruling in Jun 2019.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $92K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2018); the FY2019 filing did not itemize Part VII
President and Director
$0Pt VII · Sec A
Secretary and Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Better World Empirics executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports government, business, and academic research with essential resources.

Provided by the organization

This section is blank until Better World Empirics claims this page.

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1 program service account for $92K of program spending, described in the organization's own filed words · FY2018.
01

Provide research-related support to government agencies, enterprises, and academics. In recent years, these groups have increasingly demanded rigorous evidence that demostrates the efficacy of programs operating in the social space.

$92Kprogram expense

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By the numbers

The FY2019 990, line by line.

1The main four
Money inPt VIII
$60K
Ln 12
Fees for servicesLn 2g$60K
Money outPt IX
$92K
Ln 25
Programscol B$92K
Owns and owesPt X
$74K
net assets · Ln 32
Cash and savingsLn 1–2$74K
Total assetsLn 16$74K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$60K
Total revenueLn 12$60K
Assets in detailPt X, end of year
CashLn 1$74K
Cash and savings togetherLn 1–2$74K
Total assetsLn 16$74K
LiabilitiesLn 26$0
Net assetsLn 32$74K
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY19End FY19
Cash and savingsLn 1–2$105K$74K
Total assetsLn 16$105K$74K
LiabilitiesLn 26$0$0
Net assetsLn 32$105K$74K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other fees for servicesLn 11g$15K$15K
Office expensesLn 13$179$179
InsuranceLn 23$879$879
Other expenses (24a–d)Ln 24$75K$75K
Total functional expensesLn 25$92K$92K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2020 Latest $0$25K−$25K$48K 990 PDF
FY2019 Viewing $60K$92K−$32K$74K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2019 990 (4 parts)
Part VIII · Statement of revenue $60,000 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $60,000$60,000
VIII-12 Total revenueRelated to mission $60,000 · Unrelated business $0 · Excluded from tax $0$60,000
Part IX · Statement of functional expenses $91,762 across 4 lines filed
IX-11g Other fees for servicesPrograms $15,270$15,270
IX-13 Office expensesPrograms $179$179
IX-23 InsurancePrograms $879$879
IX-24 Other expenses (24a–d)Programs $75,434$75,434
IX-25 Total functional expensesPrograms $91,762 · Management $0 · Fundraising $0$91,762
Part X · Balance sheet $73,527 assets, 5 lines filed
X-1 Cash, non-interest-bearingStart of year $105,289$73,527
X-16 Total assetsStart of year $105,289$73,527
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $105,289$73,527
X-33 Total liabilities and net assetsStart of year $105,289$73,527
Part XI · Reconciliation of net assets $73,527 net assets at year end
XI-1 Total revenue$60,000
XI-2 Total expenses$91,762
XI-3 Revenue less expenses−$31,762
XI-4 Net assets at start of year$105,289
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$73,527

Form 990 e-file (XML) FY2019 from the IRS · Classification, formation year and address from the IRS Business Master File

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