Nonprofit · EIN 83-2287669
BETTER WAY FOUNDATION LTD
Tax-exempt · CONNERSVILLE, IN 47331
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $125,243 | $103,510 | $21,733 | $1,189,112 | $0 | $1,189,112 |
| December 31, 2024 | 990-PF | $76,572 | $75,439 | $1,133 | $998,192 | $0 | $998,192 |
| December 31, 2023 | 990-PF | $27,400 | $57,115 | -$29,715 | $988,715 | $0 | $988,715 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $22,494
- Interest
- $6,745
- Net gain from sales of assets
- $96,004
Expenses
- Grants and similar amounts paid
- $97,630
- Disbursements for charitable purposes
- $97,630
- Excise tax on investment income
- $1,659
Balance sheet and other
- Total assets, start of year
- $998,192
- Total assets, end of year
- $1,189,112
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,189,112
- Fair market value of assets
- $1,189,112
- Qualifying distributions
- $97,630
- Net investment income
- $125,243
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEREMY P ELDRIDGE 1023 RED OAK DRIVE, AVON, IN 46123 | TRUSTEE | 0 | $0 |
| GERALD M ELDRIDGE 4520 OLD MILL ROAD, FORT WAYNE, IN 46807 | TRUSTEE | 0 | $0 |
| TABITHA LEWIS 210 TWIN EAGLES BLVD W, HUNTERTOWN, IN 46748 | TRUSTEE | 0 | $0 |
| LISA R ELDRIDGE 13683 LURREY PASS, FORT WAYNE, IN 46845 | ASSISTANT DI | 0 | $0 |
| RALPH N ELDRIDGE 13683 LURREY PASS, FORT WAYNE, IN 46845 | EXECUTIVE DI | 0 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEREMY P ELDRIDGE 1023 RED OAK DRIVE, AVON, IN 46123 | TRUSTEE | 0 | $0 |
| GERALD M ELDRIDGE 7888 VIA DEL SONGNO, FORT WAYNE, IN 468258104 | TRUSTEE | 0 | $0 |
| TABITHA LEWIS 2337 NETTLECREEK DR, FORT WAYNE, IN 46818 | TRUSTEE | 0 | $0 |
| LISA R ELDRIDGE 13683 LURREY PASS, FORT WAYNE, IN 46845 | ASSISTANT DI | 0 | $0 |
| RALPH N ELDRIDGE 13683 LURREY PASS, FORT WAYNE, IN 46845 | EXECUTIVE DI | 0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEREMY P ELDRIDGE 1023 RED OAK DRIVE, AVON, IN 46123 | TRUSTEE | 0 | $0 |
| GERALD M ELDRIDGE 7888 VIA DEL SONGNO, FORT WAYNE, IN 468258104 | TRUSTEE | 0 | $0 |
| TABITHA LEWIS 2337 NETTLECREEK DR, FORT WAYNE, IN 46818 | TRUSTEE | 0 | $0 |
| LISA R ELDRIDGE 13683 LURREY PASS, FORT WAYNE, IN 46845 | ASSISTANT DI | 0 | $0 |
| RALPH N ELDRIDGE 13683 LURREY PASS, FORT WAYNE, IN 46845 | EXECUTIVE DI | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 420 N CENTRAL AVE, CONNERSVILLE, IN 47331-1926
- In care of
- % RALPH ELDRIDGE
- Signed the 990-PF
- RALPH N ELDRIDGE, EXECUTIVE DIRECTOR
- Return prepared by
- THE ELDRIDGE GROUP INC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 83-2287669
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $1,189,112
- Income (IRS master file)
- $509,124
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $125,243 | $103,510 | $1,189,112 | IRS |
| 990-PF | December 2024 | $76,572 | $75,439 | $998,192 | IRS |
| 990-PF | December 2023 | $27,400 | $57,115 | $988,715 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | 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 83-2287669).
Questions about BETTER WAY FOUNDATION LTD
- What is the EIN of BETTER WAY FOUNDATION LTD?
- The employer identification number (EIN) of BETTER WAY FOUNDATION LTD is 83-2287669.
- Is BETTER WAY FOUNDATION LTD tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to BETTER WAY FOUNDATION LTD tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BETTER WAY FOUNDATION LTD file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BETTER WAY FOUNDATION LTD 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 BETTER WAY FOUNDATION LTD last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of BETTER WAY FOUNDATION LTD?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does BETTER WAY FOUNDATION LTD have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $125,243, expenses of $103,510 and total assets of $1,189,112 at year end.
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