A Brighter Way
- Assets
- $37.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ypsilanti, MI
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 81-1186430
Organization Overview
A Brighter Way is located in Ypsilanti, MI. The organization was established in 2019. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Brighter Way 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 12/2021, A Brighter Way generated $96.4k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $123.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cozine Welch Exec Director (left In November Of 2021) | 40 | $51,000 | |
Jeanne Ross Interim Executive Director (start 11-1) | 20 | $2,400 | |
Adam Grant Executive Director (after Dec 1) | 40 | $2,250 | |
Alan Newman Board Chair | 10 | $0 | |
Laurence O'connell Board Treasurer | 5 | $0 | |
Ashley Mccloskey Board Secretary | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,404 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $96,404 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $15,803 |
| Salaries, other compensation, and employee benefits | $82,327 |
| Professional fees and other payments to independent contractors | $6,763 |
| Occupancy, rent, utilities, and maintenance | $11,520 |
| Printing, publications, postage, and shipping | $352 |
| Other expenses | $6,605 |
| Total expenses | $123,370 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,236 |
| Other assets | $0 |
| Total assets | $37,236 |
| Total liabilities | $24,000 |
| Net assets or fund balances | $13,236 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that A Brighter Way has recieved totaling $23,769.
| Awarding Organization | Amount |
|---|---|
Ann Arbor Area Community Foundation Ann Arbor, MI PURPOSE: COMMUNITY IMPROVEMENT/CAPACITY BUILDING | $18,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $5,750 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
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