BRIGHT FUTURES FUND (EIN 461012192) - 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

2014

Legal Domicile

Principal Officer

ANGELA E LAVILLE

Phone

8167142319

Tax Period

2022-07-01 to 2023-06-30

BRIGHT FUTURES FUND, founded in 2014, is a community nonprofit in the Education sector that reported $4.6M in total revenue in fiscal year 2022. Revenue surged 106% from the prior year, signaling strong growth momentum.

Mission

TO OFFER POSITIVE EDUCATION OPPORTUNITIES TO YOUTH IN A SAFE, VALUE-CENTERED ENVIRONMENT, AND FOR SUCH OTHER PURPOSES AS PERMITTED BY LAW.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $4,107,089

Program Service Revenue $0

Investment Income $-37,368

Other Revenue $500,594

TOTAL REVENUE $4,570,315

Expense Breakdown

Grants Paid $4,067,336

Salaries & Benefits $374,248

Fundraising Expenses $175,452

Program Expenses $4,554,581

Other Expenses $425,401

TOTAL EXPENSES $4,866,985

Year-over-Year Comparison

	2022	2021	Change
Revenue	$4,570,315	$2,214,056	+1.1%
Expenses	$4,866,985	$1,472,092	+2.3%
Net Income	$-296,670	$741,964	-1.4%

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

N/A

Volunteers

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

$149,906

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK D URYASZ	CHAIRPERSON	5.00	Officer Director	$0	$0	$0
DANIEL WELSH	TREASURER	2.00	Officer Director	$0	$0	$0
ABBIE CONNELLY	SECRETARY	1.00	Officer Director	$0	$0	$0
LAMAR HUNT JR	DIRECTOR	1.00	Director	$0	$0	$0
DEACON TYRONE GUTIERREZ	DIRECTOR	1.00	Director	$0	$0	$0
JO ANNE KARR	DIRECTOR	1.00	Director	$0	$0	$0
KENDRA KEMP MCGEE	DIRECTOR	1.00	Director	$0	$0	$0
FR ALEX KREIDLER	DIRECTOR	1.00	Director	$0	$0	$0
JP LATENSER	DIRECTOR	1.00	Director	$0	$0	$0
CATHY MILLER	DIRECTOR	1.00	Director	$0	$0	$0
WILL NULTON	DIRECTOR	1.00	Director	$0	$0	$0
BOB PAREDES	DIRECTOR	1.00	Director	$0	$0	$0
STEVE PIERCE	DIRECTOR	1.00	Director	$0	$0	$0
REVEREND RANDY SLY	DIRECTOR	1.00	Director	$0	$0	$0
BOB STROHM	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN SWITZER	DIRECTOR	1.00	Director	$0	$0	$0
JEFF WEINRICH	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY LILLIG	EXECUTIVE DIRECTOR	6.00	Officer	$0	$29,250	$149,906

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$4,570,315	$4,866,985	$2,242,319	$-296,670
2022	$2,214,056	$1,472,092	$2,440,914	$741,964
2021	$1,735,161	$1,240,603	$2,160,173	$494,558
2020	$2,111,080	$1,126,541	$1,511,915	$984,539
2019	$1,294,545	$1,197,261	$446,592	$97,284
2018	$1,129,094	$1,352,347	$353,481	$-223,253

BRIGHT FUTURES FUND