Human Services
(P70Z)
IRS Verified
DX Registered
990 on File
A BETTER WAY INC
Financial strength (30%)
77/100
Reliability (20%)
55/100
Effectiveness (25%)
100/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
A Better Way was founded in 1996 as a Foster Family Program. Since then, we have grown into a comprehensive foster and adoption services agency, providing adoption, community training, parent advocacy, and behavioral health services to children and families at risk or involved with the foster care system. The mission of A Better Way is to empower children and families to develop the insights, life skills, and permanent relationships that promote their social, emotional, educational and economic well- being.
Financial Overview — FY 2024
$15.2M
Total Revenue
$14.7M
Total Expenses
$2.1M
Net Assets
143
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.0%
Fundraising Efficiency
N/A
Operating Reserve
1.68x
Liability-to-Asset
65.1%
Revenue Diversification
88.4%
Executive Compensation
$207K
Compared with Peers
FY 2024
Compared with 2,032 similar organizations
(United States, Human Services, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
84.0% | 87.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.4% | 11.1% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.6% | 0.2% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.7 mo | 6.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
65.1% | 32.8% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
88.4% | 92.7% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
27.2% | 7.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
19.3% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.8% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $15.2M | $14.7M | $2.1M | 84.0% | 143 |
| 2023 | $11.9M | $12.3M | $1.6M | 84.6% | 151 |
| 2022 | $12.5M | $12.5M | $2.1M | 86.1% | 75 |
| 2021 | $24.7M | $12.5M | N/A | — | 160 |
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