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Nonprofit · EIN 81-2510365

BETTER WAY INC

Tax-exempt · WELLS, MN 56097

Financials

$83K$84K2023$47K$50K2024
Revenue Expenses · by fiscal year end
Financials of BETTER WAY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$47,228$50,408-$3,180$125,392$16,900$108,492
December 31, 2023990-EZ$83,406$84,086-$680$128,614$16,942$111,672
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$47,228

Expenses

Grants and similar amounts paid
$4,342
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$4,558
Professional fees and payments to contractors
$3,230
Occupancy
$5,125
Other expenses
$33,153
Program services (functional)
$44,117

Balance sheet and other

Total assets, start of year
$128,614
Total assets, end of year
$125,392
Total liabilities, end of year
$16,900
Net assets, end of year
$108,492
Cash, savings and investments
$14,772
Land and buildings
$11,000
Gross receipts
$47,228

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
TRACY MUHLENBECKPRESIDENT40$0
JAMES MUHLENBECKVICE PRESIDE2$0
DAWN BUSCHOWSECRETARY2$0
KATHRYN JOHNSONTREASURER2$0
KIM JACOBSONBOARD MEMBER2$0
990-EZ for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
TRACY MUHLENBECKPRESIDENT40$11,267
JAMES MUHLENBECKVICE PRESIDE2$0
DAWN BUSCHOWSECRETARY2$0
KATHRYN JOHNSONTREASURER2$0
MONICA ROMANOBOARD MEMBER2$0
JOYCE VANHORNBOARD MEMBER2$0
KRIS ENGEBRETSONBOARD MEMBER2$0
KIM JACOBSONBOARD MEMBER2$0

Address and contacts

Address (IRS master file)
PO BOX 203, WELLS, MN 56097-0203
Mailing address (990-N for 2018)
PO Box 203, Wells MN 56097
Principal officer (990-N for 2018)
Tracey Muhlenbeck, PO Box 203, Wells MN 56097
Signed the 990-EZ
TRACY MUHLENBECK, PRESIDENT
Phone
(507) 380-3365
Return prepared by
HONSTAD DIESER & MANGSKAU PLLP

Mission

TO OFFER HELP, HEALING, AND HOPE TO WOMEN IN CRISIS.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • TO SERVE WOMEN IN CRISIS BY PROVIDING CONFIDENTIAL COMFORT AND CRITICAL CARE, SPIRITUAL COACHING, LIFE SKILLS TRAINING, RESOURCES, AND REFERRALS. TO ALSO PROVIDE TEMPORARY TRANSITIONAL HOUSING FOR WOMEN IN EXTREME OR DANGEROUS SITUATIONS.
    Expenses $44,117 · grants $4,342

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2025 990-N for BETTER WAY INC

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
81-2510365
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$125,392
Income (IRS master file)
$47,228

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$47,228$50,408$125,392XML
990-EZDecember 2023$83,406$84,086$128,614XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-N for 2018
Officer: Tracey Muhlenbeck
December 31, 2018≤ $50,000 receipts––e-Postcard

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 81-2510365).

Questions about BETTER WAY INC

What is the EIN of BETTER WAY INC?
The employer identification number (EIN) of BETTER WAY INC is 81-2510365.
Is BETTER WAY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to BETTER WAY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BETTER WAY INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of BETTER WAY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BETTER WAY INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of BETTER WAY INC?
The 990-N for 2018 names Tracey Muhlenbeck.
Who are the officers and directors of BETTER WAY INC?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does BETTER WAY INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $47,228, expenses of $50,408 and total assets of $125,392 at year end.

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