BRIGHTER FUTURE FOR YOUTH

EIN: 850742144 501(c)(3) Human Services

DAYTON, OH

Total Revenue
$460,985
Total Expenses
$322,225
Total Assets
$65,674
Net Assets
$65,674
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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
OH
Principal Officer
LATOSHA APPLEBERRY
Phone
9373618305
Tax Period
2023-01-01 to 2023-12-31

BRIGHTER FUTURE FOR YOUTH, founded in 2019, is a small nonprofit in the Human Services sector that reported $461K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $139K, a strong 30% operating margin.

Mission

PROVIDING GROUP HOMES FOR AT RISK YOUTH.

Program Service Accomplishments

Program 1
Expenses: $322,225 Revenue: $460,985

PROVIDED GROUP HOME SERVICES TO YOUTH 13-18. THE NUMBER OF BED DAYS FOR THE GROUP HOME WERE OVER 800 FOR YEAR. ASSISTED THE YOUTH IN EDUCATION AND PERSONAL SKILLS DEVELOPMENT. EXTENDED TO THE YOUTH...

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PROVIDED GROUP HOME SERVICES TO YOUTH 13-18. THE NUMBER OF BED DAYS FOR THE GROUP HOME WERE OVER 800 FOR YEAR. ASSISTED THE YOUTH IN EDUCATION AND PERSONAL SKILLS DEVELOPMENT. EXTENDED TO THE YOUTH ACTIVITIES IN A SIDE OF THE HOME TO ALLOW THEM TO BE REINTEGRATED WITHIN THE COMMUNITY AT-LARGE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $460,985
Investment Income $0
Other Revenue $0
TOTAL REVENUE $460,985

Expense Breakdown

Grants Paid $0
Salaries & Benefits $107,558
Fundraising Expenses $0
Program Expenses $322,225
Other Expenses $214,667
TOTAL EXPENSES $322,225

Year-over-Year Comparison

2023 2022 Change
Revenue $460,985 $972,312 -0.5%
Expenses $322,225 $800,216 -0.6%
Net Income $138,760 $172,096 -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

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Governance

Voting Members
5
Independent Members
5
Employees
15
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
1
$71,538
Total Directors
1
$71,538
Key Employees
1
$71,538
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LATOSHA APPLEBERRY EXECUTIVE DIRECTOR 40
Officer Director Key Emp Highest
$71,538 $0 $71,538
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
2023 $460,985 $322,225 $65,674 $138,760
2022 $972,312 $800,216 $83,516 $172,096
2021 $393,620 $533,162 $27,642 $-139,542
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