Will Bright Foundation Inc (EIN 463288898) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

Will Bright Foundation Inc, founded in 2013, is a small nonprofit in the Religion sector that reported $183K in total revenue in fiscal year 2018. Revenue surged 204% from the prior year, signaling strong growth momentum. The organization ran a surplus of $91K, a strong 50% operating margin.

Mission

Provide financial assistance to individuals suffering from drug and alcohol addiction who do not have the means to find or pay for rehabilitation and recovery.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $228,023

Program Service Revenue $114,892

Investment Income $8,389

Other Revenue $0

TOTAL REVENUE $351,304

Expense Breakdown

Grants Paid $0

Salaries & Benefits $133,505

Fundraising Expenses $0

Program Expenses $264,544

Other Expenses $131,039

TOTAL EXPENSES $264,544

Year-over-Year Comparison

	2023	2022	Change
Revenue	$351,304	$378,210	-0.1%
Expenses	$264,544	$237,312	+0.1%
Net Income	$86,760	$140,898	-0.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

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
Haig Wright III	Director of Insurance	Director	$0	$0	$0
Julie Duckworth	Treasurer	Director	$0	$0	$0
Larry Woods	Board Member	Director	$0	$0	$0
Brock Murphy	Board Member	Director	$0	$0	$0
Bill Bright	Secretary	Director	$0	$0	$0
Josh Gargus	Director of Donor Relations	Director	$0	$0	$0
Scott Davis	Director of Community Service	Director	$0	$0	$0
Amy Millington	Director of Recovery Resource	Director	$0	$0	$0
Richard Hutto	Chairman of the Board	Officer	$0	$0	$0
John Duckworth	Vice Chairman of the Board	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
2025	No data	No data	No data	No data
2024	$351,304	$264,544	$1,372,329	$86,760
2023	$378,210	$237,312	$1,319,939	$140,898
2022	$461,341	$183,775	$1,440,488	$277,566
2021	$173,603	$126,822	$1,174,491	$46,781
2020	$162,849	$118,787	$753,797	$44,062
2019	$183,181	$91,938	$658,159	$91,243

Will Bright Foundation Inc