Bright Futures Cambodia
EIN: 861858209 · Newcastle, WA · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $141K |
| Total Expenses | $84K |
| Net Assets | $3K |
Is Bright Futures Cambodia Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bright Futures Cambodia
Bright Futures Cambodia (EIN: 861858209) is a nonprofit organization based in Newcastle, WA, classified under NTEE code Q33. The organization reported total revenue of $141K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bright Futures Cambodia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bright Futures Cambodia is a small nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 64.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $84K |
| Surplus / Deficit | $-345 |
| Total Assets | $3K |
| Total Liabilities | $307 |
| Net Assets | $3K |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 0.5 months |
Financial Health Grade: C
In 2023, Bright Futures Cambodia reported a deficit of $345 with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Bright Futures Cambodia's revenue has grown at a compound annual growth rate (CAGR) of 64.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +64.8% | +77.2% | -9.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bright Futures Cambodia has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bright Futures Cambodia with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $345, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.2%.
Frequently Asked Questions about Bright Futures Cambodia
Is Bright Futures Cambodia a legitimate charity?
Bright Futures Cambodia (EIN: 861858209) is a registered tax-exempt nonprofit based in Washington. It has 2 years of IRS 990 filings on record. Total revenue: $141K. No red flags identified. Financial health grade: C.
How does Bright Futures Cambodia spend its money?
Bright Futures Cambodia reported $141K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bright Futures Cambodia tax-deductible?
Bright Futures Cambodia is registered as a tax-exempt nonprofit (EIN: 861858209). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bright Futures Cambodia located?
Bright Futures Cambodia is headquartered in Newcastle, Washington and files with the IRS under EIN 861858209. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Bright Futures Cambodia have?
Bright Futures Cambodia has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $141K in total revenue.
Filing History
IRS 990 filing history for Bright Futures Cambodia showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Bright Futures Cambodia's revenue has grown by 64.8%, moving from $51K to $84K. Total assets decreased by 9.4% over the same period, from $4K to $3K. Total functional expenses rose by 77.2%, from $47K to $84K. In its most recent filing year (2023), Bright Futures Cambodia reported a deficit of $345, with expenses exceeding revenue. The organization holds $307 in liabilities against $3K in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84K | $84K | $3K | $307 | — | — |
| 2022 | $51K | $47K | $4K | $307 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bright Futures Cambodia:
Data Sources and Methodology
This transparency report for Bright Futures Cambodia is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.