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Education : Youth Education Programs and Services

A Better Chance

Opening the door to greater educational opportunities since 1963

two stars

73.90

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

Board Leadership
Theo Killion
Chair

CEO
Francisco J. Tezen
President & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 73.90 two stars
  Financial 63.10 one star
  Accountability & Transparency 100.00 four stars
This rating was published 05/01/2020 and includes data from FY2018, the most recent 990 received at that time.

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 16,000 alumni have now gone on to distinguished careers as physicians, artists, educators, lawyers, politicians and corporate executives.

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 16,000 alumni have now gone on to distinguished careers as physicians, artists, educators, lawyers, politicians and corporate executives.

Impact Information

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This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

one star

63.10

Accountability & Transparency

four stars

100.00

This rating was published 05/01/2020 and includes data from FY2018, 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)
67.8%
  Administrative Expenses 11.4%
  Fundraising Expenses 20.6%
  Fundraising Efficiency $0.32
  Working Capital Ratio (years) < 0.01
  Program Expenses Growth 2.0%
  Liabilities to Assets 19.8%
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) 73.90 two stars
Junior Achievement of Arizona (AZ) 89.62 three stars
Junior Achievement of Utah (UT) 85.42 three stars
Junior Achievement of Kentuckiana, Inc. (KY) 89.69 three stars
Junior Achievement of Chicago (IL) 90.22 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,588,865
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $1,494,567
   Related Organizations $0
   Government Grants $0
Total Contributions $3,083,432
   Program Service Revenue $139,195
Total Primary Revenue $3,222,627
   Other Revenue $568,610
TOTAL REVENUE $3,791,237
   
EXPENSES  
   Program Expenses $2,928,714
   Administrative Expenses $526,445
   Fundraising Expenses $895,040
TOTAL FUNCTIONAL EXPENSES $4,350,199
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-558,962
   
Net Assets $9,457,542

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.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 05/01/2020 73.90 two stars
2017-12 03/01/2020 75.40 two stars
2017-12 07/01/2019 74.20 two stars
2016-08 02/01/2018 71.46 two stars
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

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 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • August, 2016
  • August, 2015
  • August, 2014
Compensation % of Expenses Paid to Title
$236,545 5.43% Sandra E. Timmons President

Highly Rated

Charity Name & State Overall Score Overall Rating
A Better Chance (NY) 73.90 two stars
Junior Achievement of Chicago (IL) 90.22 four stars
Junior Achievement of Central Maryland (MD) 89.24 three stars
Reading Assist Institute (DE) 88.62 three stars
Junior Achievement of Georgia (GA) 98.18 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

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

Theo Killion
Chair

CEO

Francisco J. Tezen
President & CEO

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