Best Year Yet Foundation
Nonprofit profile at a glance
- EIN
- 384003579
- IRS 990-EZ coverage
- 2017–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2016
- Location
- Arvada, CO, USA
- Phone
- 3032491333
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Support N.E.C.
Reported finances
- Revenue
- $129,911
- Expenses
- $102,220
- Assets
- $143,624
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- Laurie Oswald (Pres/ Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of Best Year Yet Foundation is to educate and serve individuals and communities that are of limited means, or otherwise underserved.The Best Year Yet Foundation has developed a powerful educational platform that assists individuals and organizations with planning, goal-setting and achieving the results that matter most. Our methodology is an 11-step process that accomplishes incredible outcomes. The Best Year Yet Foundation will offer this coaching and online platform to communities and individuals of need, including 501(c)(3) schools and universities and other 501(c)(3) organizations. We will also provide recipients of the platform with ongoing educational opportunities and training to create mastery around this work and increased self-sufficiency.
What it reported doing in 2023
In 2023 we received contributions to support our mission and have developed group workshops and presentations, coaching and training for individuals along with online virtual trainings and seminars.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. No material rating questions were generated from the available inputs.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 100
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.7%; rating input score 79
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 21.3%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 1.41; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 33.5% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 15.7% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 20.3% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 78.7% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $102K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2017 to 2023
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.