BRIGHTER FINANCIAL FUTURES

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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

2017

Legal Domicile

Principal Officer

ALAN W DAKEY

Phone

5709755149

Tax Period

2024-09-01 to 2025-08-31

BRIGHTER FINANCIAL FUTURES, founded in 2017, is a small nonprofit that reported $248K in total revenue in fiscal year 2024. The organization ran a surplus of $45K, a strong 18% operating margin.

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.

Program Service Accomplishments

Program 1

Expenses: $99,277 Revenue: $100,095

USE OF INVESTING AND BUDGETING SOFTWARE TO CREATE UNIQUE LEARNING EXPERIENCES AND COMPETITIONS FOR STUDENTS' THAT INCREASE THEIR KNOWLEDGE OF FREE MARKETS, ECONOMICS, PERSONAL FINANCE, SAVINGS, AND...

Program 2

Expenses: $91,780 Revenue: $92,488

CONDUCT SEMINARS AND SPONSOR COMPETITIONS THAT ENHANCE STUDENT'S KNOWLEDGE OF ENTREPRENEURSHIP AND INCREASE THEIR ABILTIY TO START AND MANAGE SMALL BUSINESSES.

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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 $241,123

Program Service Revenue $0

Investment Income $6,616

Other Revenue $0

TOTAL REVENUE $247,739

Expense Breakdown

Grants Paid $0

Salaries & Benefits $68,753

Fundraising Expenses $1,665

Program Expenses $191,057

Other Expenses $133,671

TOTAL EXPENSES $202,424

Year-over-Year Comparison

	2024	2023	Change
Revenue	$247,739	$238,674	+0.0%
Expenses	$202,424	$234,593	-0.1%
Net Income	$45,315	$4,081	+10.1%

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

$61,800

Total Directors

$62,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALAN W DAKEY	CHAIRMAN OF THE BOARD, PRE	2.00	Officer Director	$0	$0	$0
CAROLYN A SHIRK	VICE PRESIDENT	50.00	Officer Director	$61,800	$0	$61,800
DONNA GAVITT M ED	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER STOCKETT	BOARD MEMBER	1.00	Director	$0	$0	$0
TRIS WEST	BOARD MEMBER	3.00	Director	$200	$0	$200
SUE NO RINGER	BOARD MEMBER	1.00	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
2025	$247,739	$202,424	$302,693	$45,315
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