I โ€” Crime & Legal-RelatedEIN: 631106040ยท Ruling Year: 1994

Better Basics Inc

Birmingham, Alabama

AHealth Score
86A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

๐Ÿ’ฐ
$2.0M
Total Revenue
๐Ÿ“Š
$2.0M
Total Expenses
๐Ÿฆ
$2.7M
Net Assets
๐Ÿ“‹
$346K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-1.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.35
Net assets divided by total expenses
Liabilities-to-Assets
11.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,004,094โ†‘21%$2,028,509โ†‘19%$3,083,354โ†‘11%
2022$1,655,038โ†‘22%$1,710,198โ†‘30%$2,776,280โ†“5%
2021$1,359,673โ†“22%$1,314,233โ†“7%$2,913,823โ†“1%
2020$1,737,594โ†‘38%$1,416,756โ†‘17%$2,934,065โ†‘21%
2019$1,261,298โ†“11%$1,206,063โ†“13%$2,434,188โ†‘3%
2018$1,411,301โ†“3%$1,385,218โ†“8%$2,358,584โ†‘1%
2017$1,450,263โ†“27%$1,513,168โ†“13%$2,338,050โ†“3%
2016$1,977,069โ†‘8%$1,732,398โ†‘4%$2,398,186โ†‘10%
2015$1,824,583โ†“9%$1,658,830โ†‘3%$2,189,532โ†‘9%
2014$2,011,572โ†‘16%$1,616,222โ†‘22%$2,010,403โ†‘26%
2013$1,741,002โ†‘31%$1,323,803$1,590,319โ†‘34%
2012$1,328,139โ†“4%$1,326,869โ†‘7%$1,183,773โ†“1%
2011$1,388,607$1,242,596$1,192,244

Frequently Asked Questions

What does Better Basics Inc do?โ–ผ

Better Basics Inc is a crime & legal-related nonprofit organization based in Alabama. It is classified under NTEE code I21Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Better Basics Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Better Basics Inc has a score of 86/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Better Basics Inc generate?โ–ผ

Better Basics Inc reports $2.6M in annual revenue and holds $3.1M in total assets, based on IRS filings.

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Better Basics Inc โ€” Birmingham, AL | GiveScope