I — Crime & Legal-RelatedEIN: 631106040· 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

💰
$2.0M
Total Revenue
📊
$2.0M
Total Expenses
🏦
$2.7M
Net Assets
📋
$346K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.1%
Year-over-year change (2022 → 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$2,004,094↑21%$2,028,509↑19%$3,083,354↑11%
2022$1,655,038↑22%$1,710,198↑30%$2,776,280↓5%
2021$1,359,673↓22%$1,314,233↓7%$2,913,823↓1%
2020$1,737,594↑38%$1,416,756↑17%$2,934,065↑21%
2019$1,261,298↓11%$1,206,063↓13%$2,434,188↑3%
2018$1,411,301↓3%$1,385,218↓8%$2,358,584↑1%
2017$1,450,263↓27%$1,513,168↓13%$2,338,050↓3%
2016$1,977,069↑8%$1,732,398↑4%$2,398,186↑10%
2015$1,824,583↓9%$1,658,830↑3%$2,189,532↑9%
2014$2,011,572↑16%$1,616,222↑22%$2,010,403↑26%
2013$1,741,002↑31%$1,323,803$1,590,319↑34%
2012$1,328,139↓4%$1,326,869↑7%$1,183,773↓1%
2011$1,388,607$1,242,596$1,192,244

Frequently Asked Questions

What does Better Basics Inc do?▼

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?▼

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?▼

Better Basics Inc reports $3.5M in annual revenue and holds $3.5M in total assets, based on IRS filings.

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