2014-10-08T09:13:55-05:00 2013-12-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2013-01-01 450550557 THE NETWORK FOR BETTER FUTURES NETW 6124556133 1017 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 THOMAS M ADAMS PRESIDENT & CEO 6124556133 2014-09-29 1 RACHEL FLANDERS P01591790 6123764500 2013 2015-11-30 17:44:51Z BETTER FUTURES MINNESOTA THOMAS M ADAMS 1017 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 1367824 0 X WWW.BETTERFUTURESENTERPRISES.COM X 2007 MN FUEL A MAN'S DESIRE TO TURN HIS LIFE AROUND AND WALK A NEW PATH TOWARD BETTER HEALTH AND SUCCESS 9 8 116 8 0 0 972019 763024 509288 602652 813 767 440 1381 1482560 1367824 291411 261943 0 0 1811441 1753938 0 0 100525 693406 776927 2796258 2792808 -1313698 -1424984 2918340 1507317 166272 180233 2752068 1327084 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 1037850 261943 34235 INTEGRATED CARE: 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. 946805 568417 BUSINESS ENTERPRISE: BETTER FUTURES' BUSINESSES CREATE JOBS AND HELP MEN DEVELOP MARKETABLE SKILLS. MEN 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 FOR PARTICIPANT WORKERS; IT CONTRIBUTES EARNED INCOME TO THE ORGANIZATION; AND, IT PRODUCES SIGNIFICANT ENVIRONMENTAL BENEFITS FOR THE COMMUNITY. THESE LINES OF BUSINESS EMPLOYED 70 MEN IN 2013 AND GENERATED $560,000 IN EARNED INCOME. 81% OF BETTER FUTURES PARTICIPANTS ARE EMPLOYED AND MOST ARE PAYING CHILD SUPPORT. 311240 SHARING THIS NEW MODEL OF SUCCESS WITH OTHER COMMUNITIES: 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. 2295895 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 31 0 116 1 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X DEB KIERSTEAD 6124556133 1017 OLSON MEMORIAL HWY MINNEAPOLIS MN 55405 STEVEN G THOMAS PRESIDENT & CEO 40.00 X X 160000 0 6862 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 PAMELA ALEXANDER - LEFT IN 2013 BOARD MEMBER 1.00 X 0 0 0 JOHN DINUSSON BOARD MEMBER 1.00 X 0 0 0 GOTHRIEL J LA FLEUR BOARD MEMBER 1.00 X 0 0 0 MUFFIE GABLER BOARD MEMBER 1.00 X 0 0 0 PAUL B KOHLS BOARD MEMBER 1.00 X 0 0 0 DEB KIERSTEAD CFO 40.00 X 89135 0 22206 249135 0 29068 1 0 1 0 0 371757 391267 763024 BUSINESS ENTERPRISE 812900 568417 568417 PARTICIPANT RENT 531110 34235 34235 602652 767 767 MISCELLANEOUS 900099 1381 1381 1381 1367824 602652 0 2148 261943 261943 278204 125147 111341 41716 1143017 972868 161465 8684 23266 19635 3631 167695 154888 12807 141756 117793 23963 16605 3997 12608 11522 11522 35000 35000 218071 181455 22972 13644 4593 3197 1396 33272 28226 4883 163 27522 24296 3226 157675 152028 4383 1264 48106 40516 7590 10320 5667 4653 67497 66822 668 7 39593 34933 4613 47 WORK CREW EXPENSES 84176 84176 MISCELLANEOUS 22669 18002 4667 UNIFORMS 5845 5845 BAD DEBT EXPENSE -5539 -5539 2792808 2295895 396388 100525 1147772 940037 1338367 10000 191504 299468 55399 47229 369386 172385 171716 197001 13582 13582 2918340 1507317 163617 177228 1583 2655 1422 166272 180233 X 1413701 1317084 1338367 10000 2752068 1327084 2918340 1507317 -1424984 0 X 0 1 X 1 0 X 1568436 1497883 5362926 972019 763024 10164288 1568436 1497883 5362926 972019 763024 10164288 3934095 6230193 2557 1917 1705 1231 767 8177 1763 5655 45 440 1381 9284 10181749 2420794 0.61190 0.64290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 1 0 0 0 0 0 1 35000 0 0 35000 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. 66280 39911 26369 303106 132474 170632 197001 DEFERRED RENT 1422 1422 X 1392824 25000 25000 1367824 0 1367824 2817808 25000 25000 2792808 0 2792808 PART X, LINE 2: THE ORGANIZATION HAS TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND MINNESOTA STATUTE 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 2013 THE AGENCY DID NOT HAVE ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION'S TAX RETURNS FOR THE YEARS 2011 THROUGH 2013 ARE OPEN TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. 1 RENT SUBSIDIES 47 75068 N/A N/A TRAINING STIPENDS 80 9350 N/A N/A HOUSING 106 120675 OTHER HOUSING INCENTIVE PAYMENTS 64 22275 N/A N/A MEALS 106 34575 N/A N/A PART I, LINE 2: THE ORGANIZATION PROVIDES SPECIFIC ASSISTANCE AND TRACKS THE AMOUNTS PAID FOR PROGRAM PARTICIPANTS. X 0 0 0 0 0 0 0 0 0 STEVEN G THOMAS PRESIDENT & CEO 160000 0 0 0 0 0 6400 0 462 0 166862 0 0 0 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 $42,299 ART BERMAN - TREASURER, NFBF / PRESIDENT & CEO, TWIN CITIES RISE! - CONTRACTED SERVICES - $3,225 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 CHIEF FINANCIAL OFFICER WILL COMPLETE A DETAILED REVIEW OF THE FORM 990 PRIOR TO FILING AND WILL DISCUSS ANY CONCERNS WITH THE CEO. FORM 990, PART VI, SECTION B, LINE 12C INDIVIDUALS COVERED BY THE ORGANIZATION'S CONFLICT OF INTEREST 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 POTENTIAL 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 OF THE MATTER AND MAY NOT VOTE ON THE TRANSACTION. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE RECORDED IN THE MEETING MINUTES. 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.