BRIGHTER TOMORROWS INC (EIN 510543882) - Form 990 Financial Analysis & Trantor Score

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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

2005

Legal Domicile

Principal Officer

BILLIE STOUDEMIRE

Phone

8436239016

Tax Period

2023-07-01 to 2024-06-30

BRIGHTER TOMORROWS INC, founded in 2005, is a micro nonprofit in the Housing & Shelter sector that reported $30K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $45K exceeded revenue, resulting in a 48% operating deficit.

Mission

MEET THE NEEDS OF DISABLED INDIVIDUALS

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $16,193

Program Service Revenue $13,920

Investment Income $108

Other Revenue $0

TOTAL REVENUE $30,221

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,672

Fundraising Expenses $0

Program Expenses $33,922

Other Expenses $37,934

TOTAL EXPENSES $44,606

Year-over-Year Comparison

	2023	2022	Change
Revenue	$30,221	$32,805	-0.1%
Expenses	$44,606	$42,595	+0.0%
Net Income	$-14,385	$-9,790	+0.5%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBBIE L ROBERTSON SR	MEMBER	1.00	Director	$0	$0	$0
HENRY A SUGGS	MEMBER	1.00	Director	$0	$0	$0
DAVID MATTHEWS	MEMBER	1.00	Director	$0	$0	$0
VALENCIA HOWARD	MEMBER	1.00	Director	$0	$0	$0
BILLIE G STOUDEMIRE	CHAIRPERSON	4.00	Officer	$0	$0	$0
JERRY C MCMANUS	VICE CHAIRPERSON	1.00	Officer	$0	$0	$0
KAY BSPEARS	SECRETARY/TREASUER	1.00	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
2025	No data	No data	No data	No data
2024	$30,221	$44,606	$126,144	$-14,385
2023	$32,805	$42,595	$140,734	$-9,790
2022	$32,823	$43,223	$150,271	$-10,400
2021	$31,848	$44,404	$160,860	$-12,556
2020	$30,619	$41,352	$172,867	$-10,733
2019	$30,433	$41,353	$183,598	$-10,920

BRIGHTER TOMORROWS INC