BRIGHT DESTINY INC

EIN: 474422383 501(c)(3) Youth Development

MIDLAND, GA

Total Revenue
$19,352
Total Expenses
$19,501
Total Assets
$59,745
Net Assets
$-59,955
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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
2015
Legal Domicile
GA
Principal Officer
JAMIE SANKS
Phone
7062560354
Tax Period
2024-01-01 to 2024-12-31

BRIGHT DESTINY INC, founded in 2015, is a micro nonprofit in the Youth Development sector that reported $19K in total revenue in fiscal year 2024. Revenue fell 64% from the prior year — a significant decline worth monitoring.

Mission

TO PROMOTE AND PROVIDE RELIGIOUS, EDUCATIONAL, AND CHARITABLE SERVICES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $19,352
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $19,352

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $19,501
Other Expenses $19,501
TOTAL EXPENSES $19,501

Year-over-Year Comparison

2024 2023 Change
Revenue $19,352 $54,145 -0.6%
Expenses $19,501 $90,533 -0.8%
Net Income $-149 $-36,388 -1.0%
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
2
Independent Members
N/A
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHENITA ANN SANKS SECRETARY N/A
Officer
$0 $0 $0
JAMIE SANKS CFO N/A
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 $19,352 $19,501 $59,745 $-149
2023 $54,145 $90,533 $59,894 $-36,388
2022 $55,623 $80,433 No data $-24,810
2021 $10,571 $9,258 $1,392 $1,313
2020 $24,099 $24,057 $79 $42
2019 $21,102 $59,807 $37 $-38,705
2018 $3,684 $86,894 $38,742 $-83,210
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