2016-11-15T15:24:01-06:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2015-01-01 450550557 THE NETWORK FOR BETTER FUTURES NETW 6124556133 2620 MINNEHAHA AVENUE SOUTH MINNEAPOLIS MN 55406 THOMAS M ADAMS PRESIDENT & CEO 6124556133 2016-11-14 1 RACHEL FLANDERS P01591790 6123764500 2015 2017-02-10 21:41:12Z X BETTER FUTURES MINNESOTA THOMAS M ADAMS 2620 MINNEHAHA AVENUE SOUTH MINNEAPOLIS MN 55406 2220290 0 X WWW.BETTERFUTURESMINNESOTA.COM X 2007 MN FUEL A MAN'S DESIRE TO TURN HIS LIFE AROUND AND WALK A NEW PATH TOWARD BETTER HEALTH AND SUCCESS. 11 10 117 18 0 0 2624755 1237261 738386 945475 5313 5952 4658 31602 3373112 2220290 229856 209268 0 0 1900389 1924173 0 0 82297 984345 932510 3114590 3065951 258522 -845661 1749480 955214 163874 181065 1585606 774149 X BETTER FUTURES FUELS A MAN'S DESIRE TO TURN HIS LIFE AROUND AND WALK A NEW PATH TOWARD BETTER HEALTH AND SUCCESS. IT ALSO AIMS TO CHANGE THE COSTLY PRACTICES THAT PRODUCE POOR RESULTS AND PERPETUATE CYCLES OF DEPENDENCY. 0 0 1454314 0 928957 BETTER FUTURES' BUSINESSES CREATE JOBS AND HELP PARTICIPANTS DEVELOP MARKETABLE SKILLS. PARTICIPANTS ARE EMPLOYED IN ONE OF TWO LINES OF BUSINESS: PROPERTY MAINTENANCE AND WASTE RECYCLING/REUSE, INCLUDING BUILDING DECONSTRUCTION. THIS ENTERPRISE GENERATES MULTIPLE BENEFITS: IT PROVIDES EMPLOYMENT, ON-THE-JOB TRAINING, AND INCOME OR PARTICIPANT WORKERS; IT CONTRIBUTES EARNED INCOME TO THE ORGANIZATION; AND, IT PRODUCES SIGNIFICANT ENVIRONMENTAL BENEFITS FOR THE COMMUNITY. THESE LINES OF BUSINESS EMPLOYED 72 MEN IN 2015 AND GENERATED $928,000 IN EARNED INCOME. 75% OF BETTER FUTURES PARTICIPANTS ARE EMPLOYED AND MOST ARE PAYING CHILD SUPPORT. 1083082 209268 16518 BETTER FUTURES EMBRACES MEN LIVING IN CHRONIC POVERTY WITH HISTORIES OF PERSISTENT UNEMPLOYMENT, UNTREATED MENTAL ILLNESS, ADDICTION, INCARCERATION, AND HOMELESSNESS. ITS INTEGRATED CARE MODEL RESPONDS TO PARTICIPANTS' MOST BASIC NEEDS - AFFORDABLE HOUSING AND A JOB. ONCE THESE NEEDS ARE MET, THE IMPACT OF OTHER SERVICES ACCELERATES (HEALTH HOME AND COACHING USING A TRAUMA INFORMED CARE APPROACH). THIS MODEL IS ANCHORED BY MEANINGFUL RELATIONSHIPS AND A VIBRANT COMMUNITY. THE MEN SERVED BY THIS SOCIAL ENTERPRISE ARE NOT IN A PROCESS OF RE-ENTRY; RATHER THEIR LIFE EXPERIENCE IS A PUBLIC HEALTH PROBLEM THAT ORIGINATES IN CORE HURTS AND TRAUMA. HEALING FROM THESE TRAUMAS IS ESSENTIAL BEFORE THEY CAN SUCCEED AS WORKERS, FATHERS, AND COMMUNITY MEMBERS. THE NEW CONVICTION RATE FOR ALL MEN SERVED SINCE 2009 IS 18% COMPARED TO THE STATE AVERAGE RATE OF 35%. 0 0 0 BETTER FUTURES IS ACHIEVING HIGH RATES OF EMPLOYMENT, INCREASED ACCESS TO HEALTH CARE AND BEHAVIORAL HEALTH SERVICES, INCREASED ENGAGEMENT BETWEEN FATHERS AND CHILDREN, AND LOWER CONVICTION RATES FOR NEW CRIMES. A PRELIMINARY ANALYSIS ALSO INDICATES THAT BETTER FUTURES PARTICIPANTS EXPERIENCE A LOWER RETURN TO PRISON RATE FOR NEW CRIMES THE LONGER THEY STAY ENGAGED WITH THE ENTERPRISE. BASED ON THESE PROMISING RESULTS, LEADERS IN OTHER COMMUNITIES ARE SEEKING INFORMATION AND ADVICE ABOUT HOW TO ADAPT THIS MODEL FOR HIGH RISK ADULTS. A PARTNERSHIP WITH THE NATIONAL ASSOCIATION OF COUNTIES ALSO HELPED SHARE THIS MODEL. AN ON-GOING DEVELOPMENT PARTNERSHIP WITH SEVERAL COMMUNITIES WAS ESTABLISHED IN 2013. 2537396 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 30 0 117 1 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MN X THOMAS M ADAMS 6124556133 2620 MINNEHAHA AVENUE SOUTH MINNEAPOLIS MN 55406 THOMAS M ADAMS PRESIDENT & CEO 40.00 X X 134231 0 444 LOUIS J KING JR II CHAIR 1.00 X X 0 0 0 GLENN E ANDIS VICE CHAIR 1.00 X X 0 0 0 TOM FULTON SECRETARY 1.00 X X 0 0 0 ART BERMAN TREASURER 1.00 X X 0 0 0 JOHN DINUSSON BOARD MEMBER 1.00 X 0 0 0 MILTON DODD BOARD MEMBER 1.00 X 0 0 0 DAVE ELLIS BOARD MEMBER 1.00 X 0 0 0 FRED LA FLEUR BOARD MEMBER 1.00 X 0 0 0 MARY S GABLER BOARD MEMBER 1.00 X 0 0 0 PAUL B KOHLS BOARD MEMBER 1.00 X 0 0 0 DEB KIERSTEAD CFO THROUGH 08/2015 40.00 X 74300 0 13456 208531 0 13900 1 0 0 0 0 70500 869440 297321 4321 1237261 BUSINESS ENTERPRISE 812900 928958 928958 PARTICIPANT RENT 531110 16517 16517 945475 446 446 5506 0 5506 5506 5506 MISCELLANEOUS REVENUE 900099 31602 31602 31602 2220290 945475 0 37554 209268 209268 134676 67338 53870 13468 1406187 1185432 191721 29034 21071 16237 4834 206975 174436 32539 155264 127793 27471 9351 2740 6611 11844 11844 38133 38133 273320 210336 62984 6404 6070 334 52905 39970 12689 246 39806 31640 8166 165653 155392 8879 1382 15816 10947 4869 7746 2637 5109 56261 56192 68 1 34620 31352 3235 33 WORK CREW EXPENSES 149252 148315 937 MISCELLANEOUS 35348 25250 10098 BAD DEBT EXPENSE 33446 33446 UNIFORMS 2605 2605 3065951 2537396 446258 82297 508798 275154 635000 50000 354254 381239 64982 99634 396456 269334 172864 127122 13582 22065 1749480 955214 163874 181065 163874 181065 X 950606 706649 635000 67500 1585606 774149 1749480 955214 -845661 34204 0 X 0 1 X 1 0 X 5362926 972019 763024 2624755 1237261 10959985 5362926 972019 763024 2624755 1237261 10959985 5153963 5806022 1705 1231 767 613 446 4762 45 440 1381 4658 31602 38126 11002873 3236298 0.52770 0.53880 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 1 0 0 0 0 0 1 38133 0 0 38133 0 SCHEDULE C, PART II-B, LINE 1G: THE ORGANIZATION RETAINED A LOBBYIST TO SECURE FUNDING FOR THE ENTERPRISE. IN ADDITION, STAFF AND PARTICIPANTS MET WITH LEGISLATORS (AND/OR THEIR STAFF) AND STATE AGENCY EMPLOYEES AND TESTIFIED BEFORE VARIOUS COMMITTEES. STAFF PARTICIPATED ON A VOLUNTARY BASIS OUTSIDE OF THEIR NORMAL JOB ACTIVITIES AND WERE NOT COMPENSATED FOR THEIR TIME. 72829 66625 6204 323627 202709 120918 127122 X 2220290 0 2220290 0 2220290 3065951 0 3065951 0 3065951 PART X, LINE 2: THE ORGANIZATION HAS TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND MINNESOTA STATUE 290.05. THE ORGANIZATION HAS ADOPTED GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. DURING 2015 THE AGENCY DID NOT HAVE ANY UNCERTAIN TAX POSITIONS. 1 RENT SUBSIDIES 29 32911 N/A N/A TRAINING STIPENDS 74 9840 N/A N/A HOUSING 107 116713 OTHER HOUSING INCENTIVE PAYMENTS 23 5475 N/A N/A MEALS 107 44329 OTHER MEALS PART I, LINE 2: THE ORGANIZATION PROVIDES SPECIFIC ASSISTANCE AND TRACKS THE AMOUNTS PAID FOR PROGRAM PARTICIPANTS THROUGH AN EXTERNAL PAYROLL AND ACCOUNTING SOFTWARE COMPANY. FORM 990 PART IV, LINE 28C: TRANSACTIONS WITH INTERESTED PERSONS NETWORK FOR BETTER FUTURES (NFBF) HAS OPTED TO MAKE THE FOLLOWING DISCLOSURES PERTAINING TO BOARD MEMBER AFFILIATIONS AND TRANSACTIONS WITH OTHER EXEMPT ORGANIZATIONS. THIS DISCLOSURE IS NOT REQUIRED BY THE IRS FOR THE PURPOSES OF FORM 990 NOR SCHEDULE L. LOUIS KING, JR. II - CHAIR NFBF / PRESIDENT & CEO, SUMMIT ACADEMY OIC - RENT $38,412. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING. THE ORGANIZATION'S CEO WILL COMPLETE A DETAILED REVIEW OF THE FORM 990 PRIOR TO FILING AND WILL DISCUSS ANY CONCERNS WITH THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C PERSONS COVERED BY THE POLICY (DIRECTORS, OFFICERS, AND THEIR FAMILY MEMBERS) MUST SIGN AN ANNUAL DISCLOSURE IDENTIFYING ANY CIRCUMSTANCES THAT COULD LEAD TO A CONFLICT OF INTEREST. TRANSACTIONS INVOLVING A CONFLICT OF INTEREST MUST BE DISCLOSED TO THE BOARD OF DIRECTORS. SUCH TRANSACTIONS MAY BE APPROVED BY THE BOARD IF THE MATERIAL FACTS AS TO THE TRANSACTION ARE FULLY DISCLOSED. THE CONFLICTED DIRECTOR MAY NOT PARTICIPATE IN THE BOARD'S DISCUSSION OR VOTE ON THE MATTER. ALL PROCEEDINGS ARE DOCUMENTED IN THE MEETING MINUTES OR AS OTHERWISE APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION IS SET BY THE BOARD AFTER REVIEWING MARKET DATA FOR COMPARABLE POSITIONS. THIS PROCESS WAS LAST CONDUCTED IN 2012 FOR THE PRESIDENT & CEO. SALARY RANGES FOR ALL OTHER POSITIONS WERE REVIEWED AND APPROVED BY THE BOARD IN 2012, INCLUDING THE CFO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, NOR ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.