New York · Nonprofit
A BETTER CHANCE INC
A BETTER CHANCE INC (New York) receives grants from 132 organizations whose IRS filings report $9,359,920 to it, the largest being MORGAN STANLEY FOUNDATION ($1,900,000). 72 of them have funded it in more than one year.
- Revenue FY2024
- $3.9M
- Funders on record
- 132
- Grants received
- $9.4M
- Net assets
- $9.2M
What A Better Chance Inc does
Mission
To increase the number of well-educated young people of color capable of assuming responsibility and leadership roles in american society.
As stated on its FY2024 Form 990.
Program
Since 1963, a better chance has accomplished its mission by nationally recruiting, placing and providing support to a community of 1,500 academically talented youth through its signature college preparatory schools program. Our success is evident in the over 20,000alumni who have become great innovators, thinkers and leaders in their respective fields. In 2024, a better chance achieved 250 placements from a pool of 455 and saw nearly 100% of graduating hs scholars enrolling in college (see schedule o for details).the organization hosted virtual school fairs at which 120 of our 200 member schools participated. An in-person member school fair was hosted in atlanta at which 35 member school participated. The organization also led virtual admissions and financial aid workshops, virtual interview days and our signature summer leadership academy (sla), which helps families better navigate and understand the application, acceptance and placement process. 103 middle school and 110 high school students accepted by a better chance for placement participated in sla.
$3,899,526 spentof which $204,087 as grants$271,452 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $3,899,526.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $14M to $16M (+16%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 8%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Francisco Tezen
President & CEO
Board chair
Sheila Marmon
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 28 funders to 49 funders, grant income rose $1.0M → $1.5M.
24 of 132 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 49% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of A BETTER CHANCE INC’s funders (the co-funder graph). Top 30 of 132 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
A BETTER CHANCE INC has a broad base — no single funder exceeds 20% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
52% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund A BETTER CHANCE INC.
Largest funder’s share by year: 2017 41% · 2018 31% · 2019 26% · 2020 19% · 2021 37% · 2022 31% · 2023 29% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
36% of A BETTER CHANCE INC's funders are still giving 3 years after their first grant; 55% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
58% of A BETTER CHANCE INC's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $4.6M arriving through sponsors registered in 18 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like A BETTER CHANCE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
68% of spending goes to programs.
Governance
Public support
88%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 28 states
Screen this organization
A dated, signed PDF of the compliance screen for A BETTER CHANCE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds A BETTER CHANCE INC?
- A BETTER CHANCE INC (New York) receives grants from 132 organizations whose IRS filings report $9,359,920 to it, the largest being MORGAN STANLEY FOUNDATION ($1,900,000). 72 of them have funded it in more than one year.
- How many funders does A BETTER CHANCE INC have?
- IRS filings report 132 organizations giving $9,359,920 in grants to A BETTER CHANCE INC, 72 of which have funded it in more than one year.
- Who is the largest funder of A BETTER CHANCE INC?
- MORGAN STANLEY FOUNDATION is the largest funder on record, with $1,900,000 in grants. The full list of funders is on this page.
- How can an organization like A BETTER CHANCE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds A Better Chance →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 132 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing