DALLAS BRIGHT FUTURES

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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

2023

Legal Domicile

Principal Officer

MONTY BENNETT

Phone

9727789211

Tax Period

2024-01-01 to 2024-12-31

DALLAS BRIGHT FUTURES, founded in 2023, is a small nonprofit in the Education sector that reported $255K in total revenue in fiscal year 2024. Revenue surged 420% from the prior year, signaling strong growth momentum. Expenses of $236K left a modest 7% surplus.

Mission

Dallas Bright Futures, a dedicated non-profit organization, operates as the foundational support for The Monty J and Sarah Z Bennett Dallas ISD Scholarship. Our mission is to empower and uplift underserved high school students within the Dallas Independent School District by providing substantial scholarship opportunities.

Program Service Accomplishments

Program 1

Expenses: $206,050

PROVIDING SCHOLARSHIPS TO TALENTED STUDENTS WHO FACE FINANCIAL OR SOCIETAL OBSTACLES.

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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 $255,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $255,000

Expense Breakdown

Grants Paid $180,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $206,050

Other Expenses $56,350

TOTAL EXPENSES $236,350

Year-over-Year Comparison

	2024	2023	Change
Revenue	$255,000	$49,000	+4.2%
Expenses	$236,350	$784	+300.5%
Net Income	$18,650	$48,216	-0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MONTY BENNETT	President	1.00	Officer Director	$0	$0	$0
MICHAEL BAILEY	Secretary	1.00	Officer Director	$0	$0	$0
SARAH Z BENNETT	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	$255,000	$236,350	$66,966	$18,650