Nonprofit · EIN 47-0975505
BUILDING A BETTER TOMORROW INC
Tax-exempt · LINCOLN, NE 68506
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | -$102,209 | $3,157 | -$105,366 | $7,447,068 | $5,144,394 | $2,302,674 |
| December 31, 2024 | 990 | $31 | $300 | -$269 | $4,912,561 | $4,905,569 | $6,992 |
| December 31, 2023 | 990 | $204 | $308 | -$104 | $5,295,405 | $5,288,144 | $7,261 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $3,098
- Net rental income
- -$105,307
- Other revenue
- -$105,307
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Management and general (functional)
- $3,157
Balance sheet and other
- Total assets, start of year
- $4,912,561
- Total assets, end of year
- $7,447,068
- Total liabilities, end of year
- $5,144,394
- Net assets, end of year
- $2,302,674
- Net assets without donor restrictions
- $2,302,674
- Gross receipts
- $3,098
- Employees
- 0
- Year formed
- 2014
- State of legal domicile
- NE
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT BARRETT | Director Trustee or director | 0 | $0 |
| JASON MAGGARD | President Officer | 0 | $0 |
| CHAD CARLSON | Vice President Officer | 0 | $0 |
| CHRIS STEMPSON | Secretary Officer | 0 | $0 |
| BRAD KOEHN | Treasurer Officer | 0 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT BARRETT | Director Trustee or director | 0 | $0 |
| JASON MAGGARD | President Officer | 0 | $0 |
| CHAD CARLSON | Vice President Officer | 0 | $0 |
| CHRIS STEMPSON | Secretary Officer | 0 | $0 |
| BRAD KOEHN | Treasurer Officer | 0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT BARRETT | Director Trustee or director | 0 | $0 |
| JASON MAGGARD | President Officer | 0 | $0 |
| CHAD CARLSON | Vice President Officer | 0 | $0 |
| CHRIS STEMPSON | Secretary Officer | 0 | $0 |
| BRAD KOEHN | Treasurer Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3601 CALVERT ST STE 9, LINCOLN, NE 68506-5797
- Principal officer (990 for 2025)
- JASON MAGGARD, 3601 CALVERT STREET STE 9, LINCOLN, NE 68506
- Signed the 990
- JASON MAGGARD, President
- Phone
- (209) 585-7193
- Return prepared by
- WAHL WILLEMSE & WILSON LLP CPAS
Mission
BUILDING A BETTER TOMORROW, INC.'S MISSION IS TO PROVIDE THOSE WITH FINANCIAL, PHYSICAL, AND/OR LIFE SITUATION LIMITATIONS HOUSING OPPORTUNITIES THEY WOULD NOT OTHERWISE BE AFFORDED AND TO MAKE AVAILABLE A VARIETY OF LIFE IMPROVEMENT TOOLS TO INCLUDE, BUT NOT LIMITED TO: EDUCATIONAL AND CAREER ENHANCEMENT, FINANCIAL COUNSELING AND ESSENTIAL LIFE SKILLS DESIGNED TO EMPOWER THEM TO LEAD A MORE SUCCESSFUL LIFE.
Program accomplishments
- THE ORGANIZATION'S PURPOSE IS TO HELP THOSE IN NEED WITH HOUSING OPPORTUNITIES, AND FINANCIAL AND LIFE SKILLS TRAINING.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-0975505
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $7,447,068
- Income (IRS master file)
- $3,098
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | -$102,209 | $3,157 | $7,447,068 | XML |
| 990 | December 2024 | $31 | $300 | $4,912,561 | XML |
| 990 | December 2023 | $204 | $308 | $5,295,405 | XML |
| 990 | December 2022 | $875 | $280 | $4,465,081 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 47-0975505).
Questions about BUILDING A BETTER TOMORROW INC
- What is the EIN of BUILDING A BETTER TOMORROW INC?
- The employer identification number (EIN) of BUILDING A BETTER TOMORROW INC is 47-0975505.
- Is BUILDING A BETTER TOMORROW INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to BUILDING A BETTER TOMORROW INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BUILDING A BETTER TOMORROW INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BUILDING A BETTER TOMORROW INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUILDING A BETTER TOMORROW INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of BUILDING A BETTER TOMORROW INC?
- The 990 for the year ended December 31, 2025 names JASON MAGGARD.
- Who are the officers and directors of BUILDING A BETTER TOMORROW INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does BUILDING A BETTER TOMORROW INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of -$102,209, expenses of $3,157 and total assets of $7,447,068 at year end.
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