FBT FOR A BRIGHTER TOMORROW CHARITABLE FUND INC (EIN 830672445) - 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

2019

Legal Domicile

Principal Officer

GUY WAGGONER II

Phone

2709014460

Tax Period

2024-01-01 to 2024-12-31

FBT FOR A BRIGHTER TOMORROW CHARITABLE FUND INC, founded in 2019, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 1136% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 94% operating margin.

Mission

THE NONPROFIT CORPORATION'S MISSION IS TO ENHANCE THE FUTURE OF THE LOCAL COMMUNITY BY PROVIDING AN AVENUE FOR THE COMMUNITY MEMBERS AND BUSINESSES TO CONTRIBUTE TO CHARITIES THROUGH A DONOR ADVISED FUND.

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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 $1,232,228

Program Service Revenue $0

Investment Income $69,030

Other Revenue $0

TOTAL REVENUE $1,301,258

Expense Breakdown

Grants Paid $71,747

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $78,436

Other Expenses $6,689

TOTAL EXPENSES $78,436

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,301,258	$105,248	+11.4%
Expenses	$78,436	$91,739	-0.1%
Net Income	$1,222,822	$13,509	+89.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY BROADY	DIRECTOR	1.00	Director	$0	$0	$0
ALEX DOWNING	DIRECTOR	1.00	Director	$0	$0	$0
GUY WAGGONER II	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	$1,301,258	$78,436	$2,529,556	$1,222,822
2023	$105,248	$91,739	$1,306,736	$13,509
2021	$182,439	$22,500	$187,439	$159,939
2020	$27,500	No data	$27,500	No data
2019	No data	No data	No data	No data
2018	No data	No data	No data	No data

FBT FOR A BRIGHTER TOMORROW CHARITABLE FUND INC