Nonprofit · EIN 82-3083483
BETTERFI
Tax-exempt · CHATTANOOGA, TN 37414
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 (amended) | $332,031 | $451,029 | -$118,998 | $635,054 | $296,252 | $338,802 |
| December 31, 2025 | 990-EZ | $0 | – | – | $0 | – | $462,354 |
| December 31, 2024 | 990 | $368,454 | $270,225 | $98,229 | $544,564 | $82,210 | $462,354 |
| December 31, 2023 | 990-EZ | $136,745 | $237,304 | -$100,559 | $369,377 | $5,252 | $364,125 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $286,708
- Program service revenue
- $45,323
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $62,024
- Other salaries and wages
- $70,916
- Salaries, compensation and benefits (total)
- $150,014
- Professional fundraising fees
- $0
- Legal fees
- $33,266
- Travel
- $5,998
- Depreciation
- $1,246
- Program services (functional)
- $268,083
- Management and general (functional)
- $182,946
Balance sheet and other
- Total assets, start of year
- $544,564
- Total assets, end of year
- $635,054
- Total liabilities, end of year
- $296,252
- Net assets, end of year
- $338,802
- Land, buildings and equipment
- $22,840
- Gross receipts
- $332,031
- Employees
- 4
- Year formed
- 2017
- State of legal domicile
- TN
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 |
|---|---|---|---|
| AUGUSTINE HOSCH | EXECUTIVE DIRECTOR | 40 | $62,024 |
| JEANNINE CLEMENTS | Vice President Trustee or director | 3 | $0 |
| JOHN GOODSON | Director Trustee or director | 1 | $0 |
| BARRY ROLLINS | Director Trustee or director | 1 | $0 |
| NICOLETTE CAMPBELL | Director Trustee or director | 1 | $0 |
| ANDY ANDERSON | Treasurer Trustee or director, Officer | 3 | $0 |
| JAYNA JOHNSON | Director Trustee or director | 1 | $0 |
| WILLIAM TITUS | President Trustee or director, Officer | 3 | $0 |
| TINA WILLIAMS | Director Trustee or director | 1 | $0 |
| JAY FISHER | Director Trustee or director, Officer | 1 | $0 |
990-EZ for the year ended December 31, 2025: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEANNINE CLEMENTS | Director | 3 | $0 |
| JOHN GOODSON | Director | 1 | $0 |
| BARRY ROLLINS | Director | 2 | $0 |
| NICOLETTE CAMPBELL | Director | 1 | $0 |
| ANDY ANDERSON | Treasurer | 1 | $0 |
| JAYNA JOHNSON | Director | 1 | $0 |
| WILLIAM TITUS | President | 3 | $0 |
| TINA WILLIAMS | Director | 1 | $0 |
| JAY FISHER | VICE CHAIR | 1 | $0 |
| AUGUSTINE HOSCH | EXECUTIVE DIRECTOR | 40 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AUGUSTINE HOSCH | EXECUTIVE DIRECTOR | 40 | $55,000 |
| JEANNINE CLEMENTS | Director Trustee or director | 3 | $0 |
| JOHN GOODSON | Director Trustee or director | 1 | $0 |
| BARRY ROLLINS | Director Trustee or director | 2 | $0 |
| NICOLETTE CAMPBELL | Director Trustee or director | 1 | $0 |
| ANDY ANDERSON | Treasurer Trustee or director, Officer | 1 | $0 |
| JAYNA JOHNSON | Director Trustee or director | 1 | $0 |
| WILLIAM TITUS | President Trustee or director, Officer | 3 | $0 |
| TINA WILLIAMS | Director Trustee or director | 1 | $0 |
| JAY FISHER | VICE CHAIR Trustee or director, Officer | 1 | $0 |
990-EZ for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AUGUSTINE HOSCH | EXECUTIVE DIRECTOR | 40 | $58,096 |
| JEANNINE CLEMENTS | VICE-CHAIR | 3 | $0 |
| JOHN GOODSON | Director | 1 | $0 |
| BARRY ROLLINS | Director | 2 | $0 |
| NICOLETTE HAMILTON | Director | 1 | $0 |
| ANDY ANDERSON | Director | 1 | $0 |
| JAYNA JOHNSON | Director | 1 | $0 |
| JOHN SOLOMON | Treasurer | 3 | $0 |
| WILLIAM TITUS | President | 3 | $0 |
| JERRY ADAMS | Director | 1 | $0 |
| TINA WILLIAMS | Director | 1 | $0 |
| JAY FISHER | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 8004, CHATTANOOGA, TN 37414-0004
- In care of
- % AUGUSTINE HOSCH
- Signed the 990
- AUGUSTINE HOSCH, Executive Director
- Phone
- (931) 313-9942
- Website
- BETTERFI.COM
- Return prepared by
- Bean Rhoton & Kelley PLLC
Mission
TO PROVIDE RELIEF TO THE POOR, DISTRESSED AND UNDERPRIVILEGED, SPECIFICALLY THROUGH PROGRAMS OF FINANCIAL ASSISTANCE IN THE FORM OF AFFORDABLE FINANCIAL PRODUCTS AND SERVICES AS WELL AS FINANCIAL EDUCATION AND COACHING SERVICES FOR LOW INCOME INDIVIDUALS AND FAMILIES.
Program accomplishments
- PROVIDED FINANCIAL ASSISTANCE TO LOW-INCOME INDIVIDUALS THROUGH NEW & REFINANCED CONSUMER LOANS OFFERING LOWER INTEREST RATES AND LONGER PAYOFF. WE OFFER FREE INCOME TAX FILING AS WELL AS COACHING FOR BETTER BUDGETING OF PERSONAL FINANCES.Expenses $268,083
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-EZ on file |
IRS record
- EIN
- 82-3083483
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Human services (P51)
- Assets (IRS master file)
- $1
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $332,031 | $451,029 | $635,054 | XML |
| 990-EZ | December 2025 | $0 | – | $0 | IRS |
| 990 | December 2024 | $368,454 | $270,225 | $544,564 | XML |
| 990-EZ | December 2023 | $136,745 | $237,304 | $369,377 | XML |
| 990 | December 2022 | $234,469 | $181,146 | $467,870 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | 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 82-3083483).
Questions about BETTERFI
- What is the EIN of BETTERFI?
- The employer identification number (EIN) of BETTERFI is 82-3083483.
- Is BETTERFI tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to BETTERFI tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BETTERFI file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BETTERFI 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 BETTERFI last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of BETTERFI?
- The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $62,024 (AUGUSTINE HOSCH, EXECUTIVE DIRECTOR).
- How much revenue does BETTERFI have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $332,031, expenses of $451,029 and total assets of $635,054 at year end.
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