BETTERALIFE INC
Mission Statement
Hunger ends here. And so does the doubt that comes with it. Every meal we serve, every lesson we teach, and every moment of mentorship we provide strengthens a child, their mind, and future. We meet immediate needs with nourishment while building confidence through education and guidance. Through the commitment of our volunteers, partners, and community, we create environments where children are seen, supported, and empowered to rise beyond their circumstances. Because when hunger ends, possibility begins. Our Mission: Is to feed anyone who says "I am hungry" and to disrupt generational patterns by providing children and families with food, educational assistance, and life-skill services. We show children the educational and job-related opportunities they can and are capable of pursuing and inspire hope for a bright future ahead. Every child should know they are loved, cared for, and not forgotten. We have seen that by providing food, educational assistance, and life-skill services, we can help break the cycle of poverty and create a brighter future for individuals and families in need. Through our programs, we provide individuals with the resources they need to succeed, inspire hope, and empower them to pursue their dreams.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
200.0% | 13.4% |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
21.0% | 0.6% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
5.4% | 10.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
56.0% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-16.5% | 4.4% |
P10P90
|
Impact
3 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Families did not have to worry about SNAP Ending or being short on food. | 10,000 | $50.00 | — | Per Year |
| Improved health by providing food to children each week at schools for take home dinner and weekends | 11,000 | $6.25 | — | Per Year |
| Weekly education, cooking classes and meals served at the schools. | 8,046 | $10.00 | — | Per Week |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $198K | $231K | N/A | — | 2 |
| 2023 | $188K | $148K | $75K | 73.4% | 2 |
| 2022 | $99K | $90K | $35K | 54.7% | 0 |
| 2021 | $143K | $47K | N/A | — | 1 |
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