Brighter Tomorrows Inc
- Assets
- $847.4k
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 78
- Location
- Arlington, TX
- Founding
- 03/1990
- Data as of
- 09/2022
- EIN
- 75-2291809
Organization Overview
Brighter Tomorrows Inc is located in Arlington, TX. The organization was established in 1990. According to its NTEE Classification (P62) the organization is classified as: Victims Services, under the broad grouping of Human Services and related organizations. As of 09/2022, Brighter Tomorrows Inc employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brighter Tomorrows 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 09/2022, Brighter Tomorrows Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $2.9m during the year ending 09/2022. While expenses have increased by 9.4% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SHELTER AND ASSISTANCE TO VICTIMS OF DOMESTIC VIOLENCE AND SEXUAL ABUSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE SERVE INDIVIDUALS IN OUR COMMUNITY BY PROVIDING EMERGENCY SHELTER, OUTREACH SERVICES INCLUDING INDIVIDUAL AND GROUP COUNSELING SESSIONS, 24-HOUR CRISIS HOTLINE, TRANSITIONAL AND RAPID REHOUSING FOR SINGLE PARENT FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Simon President | Trustee | 2 | $0 |
Charlotte B Mccurry Treasurer | Trustee | 2 | $0 |
Joe Fox Director | Trustee | 2 | $0 |
Melissa Levesque Secretary | Trustee | 2 | $0 |
Anthony Hogan Director | Trustee | 1 | $0 |
Jeff Spivey Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,487,344 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,070,164 |
| Noncash contributions included in lines 1a–1f | $295,925 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,557,508 |
| Total Program Service Revenue | $5,649 |
| 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 | $2,610,702 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $265,462 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $99,791 |
| Compensation of current officers, directors, key employees. | $11,975 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,488,600 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $174,024 |
| Payroll taxes | $128,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $105,396 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,282 |
| Advertising and promotion | $727 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $198,553 |
| Travel | $0 |
| 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 | $60,542 |
| Insurance | $67,833 |
| All other expenses | $268,173 |
| Total functional expenses | $2,875,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,421 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $163,925 |
| 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 | $6,585 |
| Net Land, buildings, and equipment | $621,457 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $847,388 |
| Accounts payable and accrued expenses | $123,608 |
| 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 | $123,608 |
| Net assets without donor restrictions | $722,717 |
| Net assets with donor restrictions | $1,063 |
| 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 | $847,388 |