FUTURE BRIGHT FOUNDATION

EIN: 332260959 501(c)(3) Human Services

Dearborn, MI

Total Revenue
$279,744
Total Expenses
$252,172
Total Assets
$27,572
Net Assets
$27,572
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
MI
Principal Officer
HASSAN SERHAN
Phone
3137279293
Tax Period
2025-01-01 to 2025-12-31

FUTURE BRIGHT FOUNDATION, founded in 2024, is a small nonprofit in the Human Services sector that reported $280K in total revenue in fiscal year 2025. Expenses of $252K left a modest 10% surplus.

Mission

The Future Bright Foundation is dedicated to uplifting families living in crisis zones and underserved communities. We provide access to essential resources, education, and holistic support to break the cycle of poverty and create pathways to a brighter future

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Trantor Score

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

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $279,744
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $279,744

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $218,168
Other Expenses $247,172
TOTAL EXPENSES $252,172

Year-over-Year Comparison

2025 2024 Change
Revenue $279,744 N/A N/A
Expenses $252,172 N/A N/A
Net Income $27,572 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
5

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HASSAN SERHAN PRESIDENT 002.00
Officer Director
$0 $0 $0
NIDAA MOUHYDEEN DIRECTOR 002.00
Director
$0 $0 $0
IBRAHIM GHAMLOUCHE DIRECOR 002.00
Director
$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
2025 $279,744 $252,172 $27,572 $27,572
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