SOUTH BAY BRIGHT FUTURE INC (EIN 330533808) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Tax Period

2021-01-01 to 2021-12-31

SOUTH BAY BRIGHT FUTURE INC, founded in 1981, is a small nonprofit that reported $444K in total revenue in fiscal year 2021. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $424K left a modest 4% surplus.

Mission

OUR MISSION IS TO PROVIDE CHILDREN A SAFE THERAPEATIC ENVIRONMENT. OUR SERVICES PLACE EMPHASIS ON ANGER MANAGEMENT, EDUCATIONAL NEEDS, VOCATIONAL SERVICES, SOCIAL DEVELOPMENT AND INDEPENDENT LIVING SKILLS WITHIN A LOVING, NURTURING, SUPPORTIVE AND HEALTHY FAMILY SETTING

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $443,501

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $443,501

Expense Breakdown

Grants Paid $0

Salaries & Benefits $143,622

Fundraising Expenses $0

Program Expenses $424,413

Other Expenses $280,791

TOTAL EXPENSES $424,413

Year-over-Year Comparison

	2021	2020	Change
Revenue	$443,501	$562,385	-0.2%
Expenses	$424,413	$562,863	-0.2%
Net Income	$19,088	$-478	-40.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
RICHARD JACKSON	BOARD MEMBER	Director	$0	$0	$0
ANGELA CRANON-CHARLES	BOARD MEMBER	Director	$0	$0	$0
COREY YOUNG	PRESIDENT	Officer Director	$0	$0	$0
JUDY CARTER	VICE PRESTREASURER	Officer Director	$0	$0	$0
RHONDA DOWDY	SECRETARY	Officer Director	$0	$0	$0
LEVETTA D HILL-HOLLOWAY	COO	Officer	$0	$0	$0
LANETA J HILL	CEO	Officer Highest	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2021	$443,501	$424,413	$92,215	$19,088
2020	$562,385	$562,863	$324,880	$-478
2019	$1,278,804	$1,993,784	$368,085	$-714,980
2018	$2,729,779	$3,166,878	$903,720	$-437,099

SOUTH BAY BRIGHT FUTURE INC