OPERATION BRIGHTER FUTURE INC (EIN 823441918) - 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

2017

Legal Domicile

Principal Officer

KEVIN BOYER

Phone

8167563511

Tax Period

2023-11-01 to 2024-10-31

OPERATION BRIGHTER FUTURE INC, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $683K in total revenue in fiscal year 2023. Net assets of $2.4M represent 43 months of operating reserves.

Mission

HOLDING REAL & PERSONAL PROPERTY AND COLLECTING INCOME FOR THE BENEFIT OF OPERATION BREAKTHROUGH INC

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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 $0

Program Service Revenue $681,464

Investment Income $0

Other Revenue $1,764

TOTAL REVENUE $683,228

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $647,834

Other Expenses $683,868

TOTAL EXPENSES $683,868

Year-over-Year Comparison

	2023	2022	Change
Revenue	$683,228	$694,617	0.0%
Expenses	$683,868	$695,149	0.0%
Net Income	$-640	$-532	+0.2%

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

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

$302,046

Total Directors

$302,046

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY ESSELMAN	DIRECTOR/CEO	1.00	Officer Director	$0	$8,751	$207,746
KEVIN BOYER	PRESIDENT/CFO/COO/TREASURER	1.00	Officer Director	$0	$32,306	$94,300
MARY LEWIS	SECRETARY	0.10	Officer Director	$0	$0	$0
DAVID AYRES	DIRECTOR	0.10	Director	$0	$0	$0
BETH SOUKUP	DIRECTOR	0.10	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	$683,228	$683,868	$13,392,034	$-640
2023	$694,617	$695,149	$13,494,855	$-532
2022	$801,218	$696,049	$13,591,275	$105,169
2021	$531,877	$684,719	$13,576,065	$-152,842
2020	$640,641	$681,303	$13,813,283	$-40,662
2019	$2,753,812	$664,884	$13,933,063	$2,088,928
2018	$471,117	$41,963	$13,581,845	$429,154

OPERATION BRIGHTER FUTURE INC