Bright Futures Gro
EIN: 872073418 · Anchorage, AK · NTEE: P32
| Metric | Value |
|---|---|
| Total Expenses | $5K |
| Net Assets | $-116,170 |
Is Bright Futures Gro 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 Gro
Bright Futures Gro (EIN: 872073418) is a nonprofit organization based in Anchorage, AK, classified under NTEE code P32. The organization reported total revenue of $0 and total assets of $211 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bright Futures Gro's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bright Futures Gro is a micro nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $5K |
| Surplus / Deficit | $-3,169 |
| Total Assets | $497 |
| Total Liabilities | $117K |
| Net Assets | $-116,170 |
| Operating Margin | -148.5% |
| Debt-to-Asset Ratio | 23474.2% |
| Months of Reserves | 1.1 months |
Financial Health Grade: D
In 2023, Bright Futures Gro reported a deficit of $3K with expenses exceeding revenue, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 23474.2% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1500 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bright Futures Gro 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 Gro 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 23474.2%.
Frequently Asked Questions about Bright Futures Gro
Is Bright Futures Gro a legitimate charity?
Bright Futures Gro (EIN: 872073418) is a registered tax-exempt nonprofit based in Alaska. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Bright Futures Gro spend its money?
Bright Futures Gro reported its financials 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 Gro tax-deductible?
Bright Futures Gro is registered as a tax-exempt nonprofit (EIN: 872073418). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bright Futures Gro located?
Bright Futures Gro is headquartered in Anchorage, Alaska and files with the IRS under EIN 872073418. It is classified under NTEE code P32.
How many years of IRS 990 filings does Bright Futures Gro have?
Bright Futures Gro has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Bright Futures Gro showing financial trends over 2 years of public records:
Total assets decreased by 94.4% over the same period, from $9K to $497. Total functional expenses fell by 92.5%, from $71K to $5K. In its most recent filing year (2023), Bright Futures Gro reported a deficit of $3K, with expenses exceeding revenue. The organization holds $117K in liabilities against $497 in assets (debt-to-asset ratio: 23474.2%), resulting in net assets of $-116,170.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $5K | $497 | $117K | — | — |
| 2022 | $0 | $71K | $9K | $118K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bright Futures Gro:
Data Sources and Methodology
This transparency report for Bright Futures Gro 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.