Bright Tomorrows Fellowship Inc
EIN: 731578273 · Tulsa, OK · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $51K |
| Total Expenses | $45K |
| Net Assets | $83K |
Is Bright Tomorrows Fellowship Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bright Tomorrows Fellowship Inc
Bright Tomorrows Fellowship Inc (EIN: 731578273) is a nonprofit organization based in Tulsa, OK, classified under NTEE code X20. The organization reported total revenue of $51K and total assets of $87K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bright Tomorrows Fellowship Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bright Tomorrows Fellowship Inc is a micro nonprofit that has been operating for 26 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -24.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $53K |
| Total Expenses | $45K |
| Surplus / Deficit | +$8K |
| Total Assets | $83K |
| Net Assets | $83K |
| Operating Margin | 15.6% |
| Months of Reserves | 22.3 months |
Financial Health Grade: A
In 2023, Bright Tomorrows Fellowship Inc reported a surplus of $8K with revenue exceeding expenses, holds 22.3 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Bright Tomorrows Fellowship Inc's revenue has declined at a compound annual growth rate (CAGR) of -24.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.1% | +3.1% | +11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bright Tomorrows Fellowship Inc 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 Tomorrows Fellowship Inc 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 surplus of $8K, with revenue exceeding expenses.
Frequently Asked Questions about Bright Tomorrows Fellowship Inc
Is Bright Tomorrows Fellowship Inc a legitimate charity?
Bright Tomorrows Fellowship Inc (EIN: 731578273) is a registered tax-exempt nonprofit based in Oklahoma. It has 2 years of IRS 990 filings on record. Total revenue: $51K. No red flags identified. Financial health grade: A.
How does Bright Tomorrows Fellowship Inc spend its money?
Bright Tomorrows Fellowship Inc reported $51K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bright Tomorrows Fellowship Inc tax-deductible?
Bright Tomorrows Fellowship Inc is registered as a tax-exempt nonprofit (EIN: 731578273). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bright Tomorrows Fellowship Inc located?
Bright Tomorrows Fellowship Inc is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 731578273. It is classified under NTEE code X20.
How many years of IRS 990 filings does Bright Tomorrows Fellowship Inc have?
Bright Tomorrows Fellowship Inc 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 $51K in total revenue.
Filing History
IRS 990 filing history for Bright Tomorrows Fellowship Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Bright Tomorrows Fellowship Inc's revenue has declined by 24.1%, moving from $70K to $53K. Total assets increased by 11.5% over the same period, from $74K to $83K. Total functional expenses rose by 3.1%, from $43K to $45K. In its most recent filing year (2023), Bright Tomorrows Fellowship Inc reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $53K | $45K | $83K | $0 | — | — |
| 2022 | $70K | $43K | $74K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bright Tomorrows Fellowship Inc:
Data Sources and Methodology
This transparency report for Bright Tomorrows Fellowship Inc 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.