Btc Building Brighter Futures
- Assets
- $2.3m
- Revenue
- $835.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Kansas City, MO
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 26-0273824
Organization Overview
Btc Building Brighter Futures, operating under the name BTC Building Brighter Futures, is located in Kansas City, MO. The organization was established in 2007. According to its NTEE Classification (I43) the organization is classified as: Inmate Support, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. BTC Building Brighter Futures is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, BTC Building Brighter Futures generated $835.4k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $624.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST AT-RISK JOB SEEKERS, EX-OFFENDERS, THE UNEMPLOYED AND THE HOMELESS ESTABLISH STABILITY THROUGH CAREER AND JOB TRAINING, SKILLS ENHANCEMENT AND BEHAVIOR MODIFICATION, RESUME SERVICE, TRANSPORTATION SUPPORT AND HOUSING SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING SERVICES: INCREASE IN HOUSING DEMANDS HAS CAUSED A DIRECT FOCUS TO INCREASE SINGLE FAMILY & MULTI-UNIT ACQUISITIONS TO MEET THE ONGOING DEMAND. SERVICES WERE EXPANDED INTO HOME LOCATION SERVICES TO ASSIST CITIZENS WITH CRIMINAL, EVICTIONS, AND EMPLOYMENT CHALLENGES TO ENHANCE THE HOUSING SERVICE SECTOR OF THE ORGANIZATION. TRANSPORTATION SERVICES: VEHICLE ACQUISITIONS DECREASED FROM PRIOR YEARS DUE TO THE CLOSING OF THE AUTO DONATION CENTER AND THE INABILITY TO OBTAIN ANOTHER DISCOUNT CAR VENDOR HAS YET TO SURFACE. PRIOR TO 2022, BUDGET FRIENDLY AUTO PRICING ALLOWED THE ORGANIZATION TO CONTINUE HELPING FAMILIES MEET THE NEED TO ACQUIRE COST FRIENDLY, SAFE AND DEPENDABLE TRANSPORTATION. JOB PLACEMENT ASSISTANCE AND COMMUNITY SERVICES: INCREASED DUE TO THE LACK OF IN-DEMAND SKILLS AND TRANSPORTATION OF JOB SEEKERS. COMMUNITY SERVICE SECTOR HAS INCREASED BY 12% DUE TO CITY JUDICIAL MANDATES THAT CONTINUE TO GIVE RULINGS TO COMMUNITY SERVICE HOURS RATHER THAN INCARCERATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Danley Chair | Officer | 40 | $10,350 |
Keron Hopkins Treasurer | Trustee | 2 | $5,959 |
Yolanda Davis Secretary | Trustee | 1 | $0 |
Desean Davis Member | Trustee | 1 | $0 |
Jerome Morgan Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $835,373 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $835,373 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $10,350 |
| Compensation of current officers, directors, key employees. | $5,175 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,132 |
| Payroll taxes | $1,673 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,024 |
| Fees for services: Accounting | $6,319 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $141,754 |
| Advertising and promotion | $581 |
| Office expenses | $14,254 |
| Information technology | $16,788 |
| Royalties | $0 |
| Occupancy | $347,104 |
| Travel | $2,111 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $27,239 |
| Total functional expenses | $624,329 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,898 |
| Savings and temporary cash investments | $12,983 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,193,400 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,312,281 |
| Accounts payable and accrued expenses | $232,506 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $59,868 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $292,374 |
| Net assets without donor restrictions | $2,019,907 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,312,281 |