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Nonprofit · EIN 06-1156849

A BETTER CHANCE IN RIDGEFIELD INC

Tax-exempt · RIDGEFIELD, CT 06877

Financials

$287K$276K2022$331K$279K2023$420K$364K2024
Revenue Expenses · by fiscal year end
Financials of A BETTER CHANCE IN RIDGEFIELD INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$420,498$363,874$56,624$1,251,380$13,453$1,237,927
June 30, 2024990$331,109$279,491$51,618$1,279,597$6,979$1,272,618
June 30, 2023990$287,041$275,793$11,248$1,156,890$11,284$1,145,606
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$218,923
Program service revenue
$0
Investment income
$181,218
Net gain from sales of assets
$156,920
Net income from fundraising events
$20,357
Other revenue
$20,357

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$62,558
Other salaries and wages
$78,777
Salaries, compensation and benefits (total)
$153,470
Professional fundraising fees
$0
Legal fees
$9,234
Accounting fees
$13,150
Depreciation
$18,697
Program services (functional)
$316,159
Management and general (functional)
$47,715

Balance sheet and other

Total assets, start of year
$1,279,597
Total assets, end of year
$1,251,380
Total liabilities, end of year
$13,453
Net assets, end of year
$1,237,927
Land, buildings and equipment
$119,244
Publicly traded securities
$899,590
Net assets without donor restrictions
$991,786
Net assets with donor restrictions
$246,141
Gross receipts
$1,062,684
Employees
7
Volunteers
35
Year formed
1986
State of legal domicile
CT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Sarah StreifExecutive Director
Officer
40$22,558
Jacque LangCo-President
Trustee or director, Officer
4$0
Karen GerardCo-President
Trustee or director, Officer
4$0
Layne McCarthy1st Vice President
Trustee or director, Officer
4$0
Laura Dobson2nd Vice President
Trustee or director, Officer
4$0
Ira GerardTreasurer
Trustee or director, Officer
4$0
Paul BucciDirector
Trustee or director
1$0
Geraldine FishStandards Chair
Trustee or director, Officer
4$0
Nancy BrandonDirector
Trustee or director
1$0
Jessica BrooksDirector
Trustee or director
1$0
Divya DorairajanDirector
Trustee or director
1$0
Sue FergusonDirector
Trustee or director
1$0
Michelle DiMiceliDirector
Trustee or director
1$0
Jean GreversDirector
Trustee or director
1$0
Tina MalhotraDirector
Trustee or director
1$0
5 more people on this return
NameTitleHours / weekCompensation
Lisa MiragliaDirector
Trustee or director
1$0
Meredith RendaDirector
Trustee or director
1$0
Marlena StoutDirector
Trustee or director
1$0
Alysa WakinDirector
Trustee or director
1$0
Fanta WatermanDirector
Trustee or director
1$0
990 for the year ended June 30, 2024: 24 people
NameTitleHours / weekCompensation
Jan ArnoldCo-President
Trustee or director, Officer
4$0
Kristen EsemplareCo-President
Trustee or director, Officer
4$0
Layne McCarthy1st Vice President
Trustee or director, Officer
4$0
Laura Dobson2nd Vice President
Trustee or director, Officer
4$0
Ira GerardTreasurer
Trustee or director, Officer
4$0
Karen GerardCorresponding Secretary
Trustee or director, Officer
4$0
Geraldine FishStandards Chair
Trustee or director, Officer
4$0
Nancy BrandonDirector
Trustee or director
2$0
Jessica BrooksDirector
Trustee or director
2$0
Divya DorairajanDirector
Trustee or director
2$0
Sue FergusonDirector
Trustee or director
2$0
Khosrow FozouniDirector
Trustee or director
2$0
Renee FozouniDirector
Trustee or director
2$0
Jean GreversDirector
Trustee or director
2$0
Lisa KullerDirector
Trustee or director
2$0
Jacque LangDirector
Trustee or director
2$0
Lisa MiragliaDirector
Trustee or director
2$0
Sandra SadlerDirector
Trustee or director
2$0
Heather SalagaDirector
Trustee or director
2$0
Kirsten SalleyDirector
Trustee or director
2$0
Jennifer SprouleDirector
Trustee or director
2$0
Marlena StoutDirector
Trustee or director
2$0
Alysa WakinDirector
Trustee or director
2$0
Hoyt WebbDirector
Trustee or director
2$0
990 for the year ended June 30, 2023: 25 people
NameTitleHours / weekCompensation
Jan ArnoldCo-President
Trustee or director, Officer
4$0
Karen GerardCorresponding Secretary
Trustee or director, Officer
4$0
Ira GerardTreasurer
Trustee or director, Officer
4$0
Jessica Auerbach1st VP House
Trustee or director, Officer
4$0
Jessica BrooksDirector
Trustee or director
2$0
Laura Dobson2nd VP Fundraising
Trustee or director, Officer
4$0
Kristen EsemplareCo-President
Trustee or director, Officer
4$0
Geraldine FishStandards Chair
Trustee or director, Officer
4$0
Rachel LiebermanDirector
Trustee or director
2$0
Layne McCarthyDirector
Trustee or director
2$0
Kirsten SalleyDirector
Trustee or director
2$0
Karen SpiridellisDirector
Trustee or director
2$0
Alysa WakinDirector
Trustee or director
2$0
Khosrow FozouniDirector
Trustee or director
2$0
Sandra Atkins-SadlerDirector
Trustee or director
2$0
Nancy BrandonDirector
Trustee or director
2$0
Jill CastleDirector
Trustee or director
2$0
Rick DePalmaDirector
Trustee or director
2$0
Divya DorairajanDirector
Trustee or director
2$0
Sue FergusonDirector
Trustee or director
2$0
Renee FozouniDirector
Trustee or director
2$0
Lisa KullerDirector
Trustee or director
2$0
Jacque LangRecording Secretary
Trustee or director, Officer
2$0
Heather SalagaDirector
Trustee or director
2$0
Hoyt WebbDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
32 FAIRVIEW AVE, RIDGEFIELD, CT 06877-4415
In care of
% IRA GERARD
Principal officer (990 for 2024)
Ira Gerard, PO Box 1044, Ridgefield, CT 06877
Signed the 990
Ira Gerard, Treasurer
Phone
(203) 438-1284
Return prepared by
Nanavaty Davenport Studley White

Mission

OUR MISSION IS TO INCREASE THE NUMBER OF WELL-EDUCATED YOUNG PEOPLE OF COLOR WHO ARE CAPABLE OF ASSUMING POSITIONS OF RESPONSIBILITY AND LEADERSHIP IN AMERICAN SOCIETY.

990 for the year ended June 30, 2025

Program accomplishments

  • To provide quality high school education and living environment for educationally underserved low-income students.
    Expenses $316,159

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
06-1156849
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1987
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,251,380
Income (IRS master file)
$1,062,684

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$420,498$363,874$1,251,380XML
990June 2024$331,109$279,491$1,279,597XML
990June 2023$287,041$275,793$1,156,890XML
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1156849).

Questions about A BETTER CHANCE IN RIDGEFIELD INC

What is the EIN of A BETTER CHANCE IN RIDGEFIELD INC?
The employer identification number (EIN) of A BETTER CHANCE IN RIDGEFIELD INC is 06-1156849.
Is A BETTER CHANCE IN RIDGEFIELD INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to A BETTER CHANCE IN RIDGEFIELD INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does A BETTER CHANCE IN RIDGEFIELD INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of A BETTER CHANCE IN RIDGEFIELD INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did A BETTER CHANCE IN RIDGEFIELD INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of A BETTER CHANCE IN RIDGEFIELD INC?
The 990 for the year ended June 30, 2025 names Ira Gerard.
Who are the officers and directors of A BETTER CHANCE IN RIDGEFIELD INC?
The 990 for the year ended June 30, 2025 lists 20 people; 1 received compensation from the organization, the highest $22,558 (Sarah Streif, Executive Director).
How much revenue does A BETTER CHANCE IN RIDGEFIELD INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $420,498, expenses of $363,874 and total assets of $1,251,380 at year end.

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