CONSTRUCTING BRIGHT FUTURES

EIN: 825494088 501(c)(3) Employment

CHICAGO, IL

Total Revenue
$253
Total Expenses
$1,561
Total Assets
$296,473
Net Assets
$296,473
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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
2018
Legal Domicile
IL
Principal Officer
LAURA BUEL
Phone
3124698100
Tax Period
2024-01-01 to 2024-12-31

CONSTRUCTING BRIGHT FUTURES, founded in 2018, is a micro nonprofit in the Employment sector that reported $253 in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $2K exceeded revenue, resulting in a 517% operating deficit.

Mission

TO PROVIDE SUPPORT TO ORGANIZATIONS WHICH PROVIDE UNEMPLOYED INNER-CITY RESIDENTS TRAINING AND SUPPORT TO GAIN EMPLOYMENT IN THE BUILDING TRADES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $253
Other Revenue $0
TOTAL REVENUE $253

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,561
TOTAL EXPENSES $1,561

Year-over-Year Comparison

2024 2023 Change
Revenue $253 $149 +0.7%
Expenses $1,561 $176,276 -1.0%
Net Income $-1,308 $-176,127 -1.0%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL MEAGHER PRESIDENT 2.00
Officer Director
$0 $0 $0
LAURA BUEL TREASURER 2.00
Officer Director
$0 $0 $0
MARK HAUSER DIRECTOR 1.00
Director
$0 $0 $0
DON BIERNACKI DIRECTOR 1.00
Director
$0 $0 $0
MARK GOEDEN DIRECTOR 1.00
Director
$0 $0 $0
NATALIE PEDRAZA DIRECTOR 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
2024 $253 $1,561 $296,473 $-1,308
2023 $149 $176,276 $297,781 $-176,127
2022 $161 $20,498 $473,908 $-20,337
2021 $10 $81,347 $494,245 $-81,337
2020 $376 $1,330 $575,582 $-954
2019 $577,709 $1,173 $576,536 $576,536
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