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Nonprofit · EIN 41-1955000

A BETTER PLACE INC

Tax-exempt · EDINA, MN 55435

Financials

$227K$1.1M2023$1.5M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of A BETTER PLACE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,450,298$2,151,576-$701,278$2,588,847$0$2,588,847
December 31, 2023990-PF$227,037$1,089,181-$862,144$3,119,410$0$3,119,410
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$851,250
Dividends
$85,013
Net gain from sales of assets
$506,679
Other income
$7,356

Expenses

Grants and similar amounts paid
$2,110,400
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$2,112,937
Excise tax on investment income
$12,198

Balance sheet and other

Total assets, start of year
$3,119,410
Total assets, end of year
$2,588,847
Total liabilities, end of year
$0
Net assets, end of year
$2,588,847
Fair market value of assets
$2,233,886
Qualifying distributions
$2,112,937
Net investment income
$898,568

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
STEPHEN SEFTON
200 SOUTHDALE CENTER, EDINA, MN 55435
PRESIDENT1$0
BRIAN SEFTON
200 SOUTHDALE CENTER, EDINA, MN 55435
CHIEF FINANCIAL OFFICER2$0
MAUREEN SEFTON
200 SOUTHDALE CENTER, EDINA, MN 55435
DIRECTOR0.5$0
KATHRYN LOCASCIO
200 SOUTHDALE CENTER, EDINA, MN 55435
DIRECTOR0.5$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
STEPHEN SEFTON
200 SOUTHDALE CENTER, EDINA, MN 55435
PRESIDENT1$0
BRIAN SEFTON
200 SOUTHDALE CENTER, EDINA, MN 55435
CHIEF FINANCIAL OFFICER2$0
MAUREEN SEFTON
200 SOUTHDALE CENTER, EDINA, MN 55435
DIRECTOR0.5$0
KATHRYN LOCASCIO
200 SOUTHDALE CENTER, EDINA, MN 55435
DIRECTOR0.5$0

Address and contacts

Address (IRS master file)
200 SOUTHDALE CTR, EDINA, MN 55435-7000
In care of
% CLEARWATER EQUITY GROUP INC
Signed the 990-PF
BRIAN SEFTON, CFO
Phone
(612) 237-9394
Return prepared by
CLIFTONLARSONALLEN LLP

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

IRS record

EIN
41-1955000
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
2000
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,588,847
Income (IRS master file)
$3,077,336

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,450,298$2,151,576$2,588,847XML
990-TDecember 2024–––IRS
990-PFDecember 2023$227,037$1,089,181$3,119,410XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––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 41-1955000).

Questions about A BETTER PLACE INC

What is the EIN of A BETTER PLACE INC?
The employer identification number (EIN) of A BETTER PLACE INC is 41-1955000.
Is A BETTER PLACE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to A BETTER PLACE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does A BETTER PLACE INC file?
Form 990-PF. Private foundations file every year.
When is the next return of A BETTER PLACE 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 A BETTER PLACE INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of A BETTER PLACE INC?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does A BETTER PLACE INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,450,298, expenses of $2,151,576 and total assets of $2,588,847 at year end.

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