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Education : Youth Education Programs and Services

A Better Chance

Opening the door to greater educational opportunities since 1963

two stars

76.09

253 West 35th Street 6th Floor
New York, NY 10001
tel: (646) 346-1310   Web Site
EIN: 23-7173492

Board Leadership
Ronald R. Pressman
Chair

CEO
Sandra Timmons
President

  Score
(out of 100)
Rating
Overall Score & Rating 76.09 two stars
  Financial 66.33 one star
  Accountability & Transparency 97.00 four stars
This rating was published 10/01/2016 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

one star

66.33

Accountability & Transparency

four stars

97.00

This rating was published 10/01/2016 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
65.7%
  Administrative Expenses 10.0%
  Fundraising Expenses 24.2%
  Fundraising Efficiency $0.26
  Working Capital Ratio (years) 0.23
  Program Expenses Growth 4.4%
  Liabilities to Assets 16.7%
All data for Financial Performance Metrics calculations was provided by A Better Chance on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by A Better Chance on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
A Better Chance (NY) 76.09 two stars
Sonoma Valley Education Foundation (CA) 85.32 three stars
Junior Achievement of Georgia (GA) 96.48 four stars
Bible in the Schools (TN) 85.68 three stars
Project GRAD Los Angeles (CA) 88.22 three stars

Compare These Charities (Highly Rated)

A Better Chance is the oldest and only national organization of its kind changing the life trajectory for academically talented youth of color via access to rigorous and prestigious educational opportunities for students in grades 6-12. Founded in 1963, our mission is to increase substantially the number of well-educated young people of color who are capable of assuming positions of responsibility and leadership in American society. We carry out our mission through our signature College Preparatory Schools Program, which annually recruits, refers and supports about 500 scholars at more than 300 member schools in 29 states. More than 13,000 alumni have now gone on to distinguished careers as physicians, artists, educators, lawyers, politicians and corporate executives.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,216,902
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $794,302
   Related Organizations $0
   Government Grants $0
Total Contributions $2,011,204
   Program Service Revenue $214,055
Total Primary Revenue $2,225,259
   Other Revenue $633,965
TOTAL REVENUE $2,859,224
   
EXPENSES  
   Program Expenses $2,739,327
   Administrative Expenses $423,652
   Fundraising Expenses $938,604
TOTAL FUNCTIONAL EXPENSES $4,101,583
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,242,359
   
Net Assets $13,123,148

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
College Prep Program $2,739,327 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-08 10/01/2016 76.09 two stars
2014-08 06/01/2016 83.13 three stars
 
CN 2.0
2014-08 11/01/2015 86.39 three stars
2013-08 08/01/2014 84.31 three stars
2012-08 08/01/2013 78.93 two stars
2011-08 07/01/2012 77.89 two stars
2010-08 03/01/2012 76.55 two stars
2010-08 02/01/2012 76.46 two stars
2010-08 09/20/2011 76.04 two stars
 
CN 1.0
2009-08 10/01/2010 51.47 zero star
2008-08 09/01/2009 65.01 one star
2007-08 07/01/2008 74.86 two stars
2006-08 07/01/2007 74.78 two stars
2005-08 05/01/2006 69.06 one star
2004-08 09/01/2005 58.57 one star
2003-08 10/01/2004 81.83 three stars
2002-08 08/01/2003 90.84 four stars
2001-08 04/15/2003 77.72 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 23-7173492
Name in IRS Master File A BETTER CHANCE INC
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (922) Endowment fund or financial services
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 1972
Filing Requirement 990 - Required to file Form 990-N - Income less than $50,000 per year
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • August, 2015
  • August, 2014
  • August, 2013
  • August, 2012
  • August, 2011

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$232,734 5.67% Sandra E. Timmons President

A Better Chance is the oldest and only national organization of its kind changing the life trajectory for academically talented youth of color via access to rigorous and prestigious educational opportunities for students in grades 6-12. Founded in 1963, our mission is to increase substantially the number of well-educated young people of color who are capable of assuming positions of responsibility and leadership in American society. We carry out our mission through our signature College Preparatory Schools Program, which annually recruits, refers and supports about 500 scholars at more than 300 member schools in 29 states. More than 13,000 alumni have now gone on to distinguished careers as physicians, artists, educators, lawyers, politicians and corporate executives.

Highly Rated

Charity Name & State Overall Score Overall Rating
A Better Chance (NY) 76.09 two stars
Playworks (CA) 87.08 three stars
Junior Achievement of Kentuckiana (KY) 86.62 three stars
The Education Fund (FL) 86.56 three stars
David Lynch Foundation for Consciousness-Based Education (NY) 89.00 three stars

Compare These Charities (Highly Rated)

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Charity Contact Info

A Better Chance
253 West 35th Street
6th Floor
New York, NY 10001
tel: (646) 346-1310
fax: (646) 346-1311
EIN: 23-7173492

Visit Web Site

Board Leadership

Ronald R. Pressman
Chair

CEO

Sandra Timmons
President

[ X ]

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