BRIGHT MINDS YOUTH DEVELOPMENT INC

EIN: 453683649 501(c)(3)

JACKSONVILLE, FL

Total Revenue
$195,760
Total Expenses
$191,719
Total Assets
$38,467
Net Assets
$38,467
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
FL
Principal Officer
DAVID BRIGHT
Phone
9043326500
Tax Period
2024-01-01 to 2024-12-31

BRIGHT MINDS YOUTH DEVELOPMENT INC, founded in 2011, is a small nonprofit that reported $196K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

DEVELOPING YOUTH FOR SUCCESS IN LIFE

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $25,695
Program Service Revenue $170,065
Investment Income $0
Other Revenue $0
TOTAL REVENUE $195,760

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,848
Fundraising Expenses $0
Program Expenses $175,257
Other Expenses $176,871
TOTAL EXPENSES $191,719

Year-over-Year Comparison

2024 2023 Change
Revenue $195,760 $177,533 +0.1%
Expenses $191,719 $250,287 -0.2%
Net Income $4,041 $-72,754 -1.1%
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

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
1
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
4
$12,000
Total Directors
1
$0
Key Employees
1
$12,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID BRIGHT PRESIDENT 020.00
Officer Key Emp Highest
$12,000 $0 $12,000
DENISE ADAMS MEMBER 002.00
Director
$0 $0 $0
LARRY BROWN VP 002.00
Officer
$0 $0 $0
ANDREA CROWDER SECRETARY 002.00
Officer
$0 $0 $0
JENNIFER BELLAMY TREASURER 002.00
Officer
$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
2024 $195,760 $191,719 $38,467 $4,041
2023 $177,533 $250,287 $34,426 $-72,754
2022 $369,928 $329,645 $107,180 $40,283
2021 $340,132 $335,709 $75,801 $4,423
2020 $234,751 $307,247 $71,374 $-72,496
2019 $573,390 $549,785 $134,970 $23,605
2018 $557,089 $541,100 $111,365 $15,989
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BRIGHT MINDS YOUTH DEVELOPMENT INC with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.