BRIGHT LIFE FARMS INC (EIN 611352930) - 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

1999

Legal Domicile

Principal Officer

ROBERTA ROBERTSON

Phone

2703886101

Tax Period

2024-04-01 to 2025-03-31

BRIGHT LIFE FARMS INC, founded in 1999, is a small nonprofit in the Human Services sector that reported $693K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $878K exceeded revenue, resulting in a 27% operating deficit.

Mission

ASSISTED LIVING

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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 (2024)

Revenue Breakdown

Contributions & Grants $211,642

Program Service Revenue $433,404

Investment Income $40,935

Other Revenue $6,638

TOTAL REVENUE $692,619

Expense Breakdown

Grants Paid $0

Salaries & Benefits $604,837

Fundraising Expenses $0

Program Expenses $873,004

Other Expenses $273,350

TOTAL EXPENSES $878,187

Year-over-Year Comparison

	2024	2023	Change
Revenue	$692,619	$782,056	-0.1%
Expenses	$878,187	$799,503	+0.1%
Net Income	$-185,568	$-17,447	+9.6%

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

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
REED FRANKLIN	BOARD MEMBER	5.00	Director	$0	$0	$0
JANE BURTON	BOARD MEMBER	5.00	Director	$0	$0	$0
LESTER WATSON	BOARD MEMBER	5.00	Director	$0	$0	$0
ANTHONY DYER	BOARD MEMBER	0.00	Director	$0	$0	$0
BEVERLY VINSON	BOARD MEMBER	0.00	Director	$0	$0	$0
ROBERTA ROBERTSON	PRESIDENT	30.00	Officer	$0	$0	$0
DWAYNE VINSON	VICE PRESIDENT	2.00	Officer	$0	$0	$0
DON ROBERTSON	SECRETARY	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	$692,619	$878,187	$2,159,248	$-185,568
2024	$782,056	$799,503	$2,343,815	$-17,447
2023	$864,043	$627,565	$2,361,262	$236,478
2022	$664,639	$631,048	$2,126,515	$33,591
2021	$719,442	$657,438	$2,093,426	$62,004
2020	$574,611	$661,328	$2,031,582	$-86,717
2019	$852,231	$598,681	$2,116,151	$253,550
2018	$1,144,532	$482,730	$1,860,699	$661,802

BRIGHT LIFE FARMS INC