EIN 38-2111435

BetterInvesting

IRS 501(c) type
501(c)(3)
Num. employees
23
City
Year formed
1951
Most recent tax filings
2023-09-01
Description
BetterInvesting provides a program of sound investment information, education, and support to help create successful lifetime investors. Many Americans are missing out on the basic building blocks of wealth creation due to a lack of knowledge, exposure, and opportunity. Through its programs, BetterInvesting's parent organization - the National Association of Investors - tackles these issues head-on. This includes providing grants to students to fund investment education.
Also known as...
National Association of Investors Corporation
Total revenues
$2,685,843
2023
Total expenses
$3,019,528
2023
Total assets
$3,653,908
2023
Num. employees
23
2023

Program areas at BetterInvesting

Far too many americans are missing out on the basic building blocks of wealth creation because of lack of knowledge, exposure and opportunity. Too many still lack basic investment education. Through our programs, the National Association of Investors (naic) aims to address these issues and empower individual Investors to build a strong financial foundation. Naic/betterinvesting introduces individuals to the benefits of owning and investing in stock. The organization provides a program of unbiased, in- depth investing education to create successful lifelong Investors. The organization encourages a long term approach to investing and financial literacy that focuses on the selection and ownership of high-quality companies. Betterinvesting staff teach the organization's priciples and time-tested methodology via live educational webinars. Betterinvesting magazine is the naic/betterinvesting monthly publication on a variety of financial education topics distributed to all members. A dedicated inclusive community of volunteers across america develops and delivers educational programs to individuals and investment clubs. Hundreds of classes are offered locally and/or online each year. These educational programs are for the general public, with programs for beginners as well as for those who want to expand their knowledge of investing. The better investing volunteer advisory board sponsors and produces one annual conference: the Betterinvesting National convention, which offers dozens of investment education seminars over multiple days. Additionally, naic/betterinvesting provides tutorial-based, online tools for stock market analysis and portfolio management from beginner to expert.

Who funds BetterInvesting

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
AmazonSmile FoundationGeneral Support$201

Personnel at BetterInvesting

NameTitleCompensation
Ken ZendelChief Executive Officer$167,863
Cliff TrentDirector , Shared Services / Director of Operations$121,370
John GannonSecretary / Director$1,700
Jackie KoskiVice Chair / Treasurer / Director$1,700
Cyrell LynchVice Chair$1,700
...and 4 more key personnel

Financials for BetterInvesting

RevenuesFYE 09/2023
Total grants, contributions, etc.$100,986
Program services$1,986,762
Investment income and dividends$44,756
Tax-exempt bond proceeds$0
Royalty revenue$1,703
Net rental income$0
Net gain from sale of non-inventory assets$-6,486
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$558,122
Total revenues$2,685,843

Form 990s for BetterInvesting

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-13990View PDF
2022-092023-08-14990View PDF
2021-092022-08-09990View PDF
2020-092021-09-03990View PDF
2019-092020-08-21990View PDF
...and 10 more Form 990s
Data update history
September 27, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Updated personnel
Identified 2 new personnel
October 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 27, 2023
Used new vendors
Identified 1 new vendor, including
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsTrade associationsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesPublic policyBusiness and industry
Characteristics
MembershipsNational levelCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
570 Kirts Blvd Suite 237
Troy, MI 48084
Metro area
Detroit-Warren-Dearborn, MI
County
Oakland County, MI
Website URL
betterinvesting.org/ 
Phone
(248) 583-6242
IRS details
EIN
38-2111435
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1951
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W90: Consumer Protection and Safety
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Revoked
AG Registration Number
119488
FTB Entity ID
2175001
AB 488 data last updated ("as-of") date
2024-10-16
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