A Brighter Community Inc
- Assets
- $2.1m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Tampa, FL
- Founding
- 06/1955
- Data as of
- 12/2023
- EIN
- 59-0624453
Organization Overview
A Brighter Community Inc is located in Tampa, FL. The organization was established in 1955. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 12/2023, A Brighter Community Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Brighter Community Inc 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, A Brighter Community Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 12.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
PROVIDING CHILDCARE AND PRE-KINDERGARTEN PROGRAMS TO CHILDREN 3 TO 5. TO DEVELOP SCHOOL-READY CHILDREN AND STRENGTHEN FAMILIES BY PROVIDING ACCESS TO A NATIONALLY ACCREDITED PRESCHOOL AND FAMILY SUPPORT SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A BRIGHTER COMMUNITY IS THE OLDEST ESTABLISHED PRESCHOOL IN THE TAMPA AREA. WE HAVE BEEN SERVING CHILDREN AND FAMILIES FOR 90 YEARS. WE PROVIDE A NAEYC ACCREDITED PRESCHOOL PROGRAM TO 3 TO 5 YEAR OLD STUDENTS AT-RISK FOR SCHOOL FAILURE. THE PARENTS MUST BE WORKING, GOING TO SCHOOL, OR IN A JOB TRAINING PROGRAM. WE WORK 100% ON A SLIDING SCALE SO THE PARENTS WEEKLY FEE IS SET ACCORDING TO THEIR INCOME AND THE NUMBER OF PEOPLE IN THEIR HOUSEHOLD. AS PART OF THE PRESCHOOL PROGRAM WE OFFER A FAMILY SUPPORT PROGRAM TO ALL FAMILIES. OUR GOAL IS TO WORK WITH FAMILIES IN AN ENVIRONMENT WHERE THEY ARE COMFORTABLE AND PROVIDE THEM WITH THE SUPPORT THEY NEED TO REDUCE SOME OF THEIR STRESS, THEREFORE BUILDING UP BOTH THE CHILDREN AND THE FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Thomas Board Member | Trustee | 1 | $0 |
Matthew D'amaddio Board Member | Trustee | 1 | $0 |
Holly Backer President | OfficerTrustee | 2 | $0 |
Drew Greenfield Vice President | OfficerTrustee | 2 | $0 |
Elias Greenfield Secretary | OfficerTrustee | 2 | $0 |
Alejandro Ortiz Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $560 |
| Related organizations | $0 |
| Government grants | $84,595 |
| All other contributions, gifts, grants, and similar amounts not included above | $116,171 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $201,326 |
| Total Program Service Revenue | $142,791 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,702,041 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,047,251 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $780,782 |
| 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. | $60,000 |
| Compensation of current officers, directors, key employees. | $60,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $168,652 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,931 |
| Payroll taxes | $17,463 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,813 |
| Fees for services: Accounting | $20,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,130 |
| Advertising and promotion | $0 |
| Office expenses | $4,773 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $64,085 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $250 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,369 |
| Insurance | $13,977 |
| All other expenses | $93,866 |
| Total functional expenses | $1,294,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,096,145 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $11,321 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $1,467 |
| 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 | $2,108,933 |
| Accounts payable and accrued expenses | $9,025 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,025 |
| Net assets without donor restrictions | $2,097,408 |
| Net assets with donor restrictions | $2,500 |
| 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 | $2,108,933 |