Better Future Project Inc

Nonprofit profile at a glance

EIN
471015198
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Cambridge, MA, USA
Phone
6179455242
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Natural Resources Conservation and Protection

Official website

Reported finances

Revenue
$843,593
Expenses
$633,986
Assets
$682,846
Liabilities
$64,134

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • ALAN PALM (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ALAN PALM (EXECUTIVE DIRECTOR): $82,615 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Better future project works to build a powerful grassroots movement to address the climate crisis and advance a rapid and responsible transition beyond fossil fuels. We educate the public about climate change, empower new leaders, and help citizens to make their voices heard.

What it reported doing in 2024

Bfp brings together member students and community groups in a powerful grassroots movement to shift society beyond coal, oil, and gas and achieve a sustainable future for all. By empowering, connecting, and activating leaders across the climate movement, bfp is helping to build a social movement that can confront the fossil fuel industry and show our leaders that we demand bold action in this time of crisis. Our three programs are 350 Massachusetts, communities responding to extreme weather ("crew") and polluters pay. 350 Massachusetts: 350 Massachusetts ("350 mass") is our statewide climateaction volunteer network. 350 mass educates the public around key climate and energy policies, including the need to center equity and justice as core parts of climate solutions. Volunteer leaders in our 17 nodes of 350 mass help achieve local policy victories in their communities. Communities responding to extreme weather ("crew"): the realities of climate change have forced people across the world to accept a new 'normal', but little is being done to educate and equip communities with the resources they need to be prepared. We work with cities and towns, houses of worship, libraries, civic organizations, and everyday citizens through educational, service, and planning activities to help communities enhance their social resilience in the face of climate impacts. We bring together interfaith leaders to host an interfaith summit on vulnerability and climate change.we launched our climate resilience hub program, with almost 20 hubs in Massachusetts and an additional 25 hubs in 18 other states, thanks to our partnership with the american library association. These hubs are working to prepare their communities for extreme weather events and other impacts of climate change through community engagement, outreach, and education. We were excited to partner with the Massachusetts library system to host and support 50 well attended virtual events during climate preparedness week 2020 and partnered with other nonprofits to help immigrantcommunities to gain access to remote cooling support during the covid era.polluters pay: the principle of polluters pay is to make those who make a mess be the ones to clean it up. For decades, fossil fuel corporations have made record profits while destroying our shared environment. And for decades, taxpayers have footed the bill for cleaning up the mess. Bfp advocates for strong legislation to ensure that the profitable fossil fuel corporations are held accountable for their actions.mara: as

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 90
  • Accountability: 84
  • Sustainability: 60
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 56%; rating input score 56
  • Program expense ratio: 74.2%; rating input score 74
  • Fundraising efficiency: $45.31 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 24.8%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 1.08; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 13%; rating input score 28; 28th percentile among comparable filings

Growth

  • Program expense growth: 8.2% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 36th percentile among comparable filings
  • Asset growth: 5.5% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 56% of revenue deployed · 74.2% of spending went to programs
  • Governance: 9 of 9 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $470K in reported program spending
  • Leadership: top reported pay $83K · 10 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 56/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • High — Sustainability: Officer compensation ratio scored 28/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.