Brighter Generation

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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

2021

Legal Domicile

Principal Officer

Yonas Atoma

Phone

7039878224

Tax Period

2023-01-01 to 2023-12-31

Brighter Generation, founded in 2021, is a micro nonprofit in the Education sector that reported $58K in total revenue in fiscal year 2023.

Mission

Brighter Generation mobilizes professional global volunteers, including the Ethiopian diaspora and second-generation college students, to teach the next generation of Ethiopian leaders and innovators virtually and in person.

Program Service Accomplishments

Program 1

Expenses: $43,637 Revenue: $43,637

The program provides enrichment courses to disadvantaged high schoolers in all regions of Ethiopia to reach their full potential and address the local challenges in their communities. While teaching the youth essential skills, the platform serves as an international outreach and cultural exchange opportunity for second-generation diaspora and global volunteers

Program 2

Expenses: $8,310 Revenue: $8,310

Humaniterian Assistance provided to IDP in northern part of Ethiopia (Wollo)

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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 $58,250

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $58,250

Expense Breakdown

Grants Paid $8,310

Salaries & Benefits $13,161

Fundraising Expenses $5,111

Program Expenses $51,947

Other Expenses $38,692

TOTAL EXPENSES $60,163

Year-over-Year Comparison

	2023	2022	Change
Revenue	$58,250	N/A	N/A
Expenses	$60,163	N/A	N/A
Net Income	$-1,913	N/A	N/A

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

100

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
Berhanu Bulcha	Chairman	5.00	Director	$0	$0	$0
Tsega Solomon	Secratary	6.00	Director	$0	$0	$0
Yonas Atoma	Treasurer	2.00	Director	$0	$0	$0
Aklilu Ayalew	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
2023	$58,250	$60,163	No data	$-1,913