BRIGHTER FINANCIAL FUTURES (EIN 822654459) - 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

2017

Legal Domicile

Principal Officer

ALAN W DAKEY

Phone

5709755149

Tax Period

2023-09-01 to 2024-08-31

BRIGHTER FINANCIAL FUTURES, founded in 2017, is a small nonprofit that reported $239K in total revenue in fiscal year 2023.

Mission

TO PROVIDE K-12 STUDENTS WITH KNOWLEDGE OF ECONOMICS AND THE U.S. FREE-MARKET SYSTEM, AND SUPPORT PROGRAMS THAT DEVELOP STUDENTS' SKILLS IN PERSONAL FINANCE, ENTREPRENEURSHIP, AND SMALL BUSINESS TO ELEVATE THEIR STANDARD OF LIVING, QUALITY OF LIFE, AND PROFESSIONAL SUCCESS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $233,258

Program Service Revenue $0

Investment Income $5,416

Other Revenue $0

TOTAL REVENUE $238,674

Expense Breakdown

Grants Paid $0

Salaries & Benefits $102,995

Fundraising Expenses $2,475

Program Expenses $218,665

Other Expenses $131,598

TOTAL EXPENSES $234,593

Year-over-Year Comparison

	2023	2022	Change
Revenue	$238,674	$236,308	+0.0%
Expenses	$234,593	$245,547	0.0%
Net Income	$4,081	$-9,239	-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

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

$62,608

Total Directors

$62,608

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALAN W DAKEY	CHAIRMAN OF THE BOARD, PRE	10.00	Officer Director	$0	$0	$0
CAROLYN A SHIRK	VICE PRESIDENT	50.00	Officer Director	$62,608	$0	$62,608
DONNA GAVITT M ED	BOARD MEMBER	3.00	Director	$0	$0	$0
PETER STOCKETT	BOARD MEMBER	3.00	Director	$0	$0	$0
TRIS WEST	BOARD MEMBER	3.00	Director	$0	$0	$0
SUE NO RINGER	BOARD MEMBER	3.00	Director	$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	$238,674	$234,593	$259,548	$4,081
2023	$236,308	$245,547	$249,630	$-9,239
2022	$246,018	$169,268	$262,697	$76,750
2020	$208,232	$147,029	$183,873	$61,203

BRIGHTER FINANCIAL FUTURES