Brighter Days Foundation
EIN: 453601700 · N Canton, OH · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $996K |
| Total Expenses | $1.0M |
| Net Assets | $126K |
Is Brighter Days Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brighter Days Foundation
Brighter Days Foundation (EIN: 453601700) is a nonprofit organization based in N Canton, OH, classified under NTEE code T22. The organization reported total revenue of $996K and total assets of $505K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brighter Days Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brighter Days Foundation is a small nonprofit that has been operating for 14 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 213.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $888K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-137,268 |
| Total Assets | $126K |
| Total Liabilities | $1 |
| Net Assets | $126K |
| Operating Margin | -15.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1.5 months |
Financial Health Grade: C
In 2023, Brighter Days Foundation reported a deficit of $137K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Brighter Days Foundation's revenue has grown at a compound annual growth rate (CAGR) of 213.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.7% | +2.8% | -52.2% |
| 2022 | +16.3% | -14.3% | +45.1% |
| 2021 | +36.4% | +31.2% | -56.6% |
| 2020 | -16.9% | -17.9% | -33.1% |
| 2019 | +63.5% | +92.9% | +765.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brighter Days Foundation 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 Brighter Days Foundation 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 $137K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Brighter Days Foundation
Is Brighter Days Foundation a legitimate charity?
Brighter Days Foundation (EIN: 453601700) is a registered tax-exempt nonprofit based in Ohio. It has 10 years of IRS 990 filings on record. Total revenue: $996K. No red flags identified. Financial health grade: C.
How does Brighter Days Foundation spend its money?
Brighter Days Foundation reported $996K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Brighter Days Foundation tax-deductible?
Brighter Days Foundation is registered as a tax-exempt nonprofit (EIN: 453601700). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brighter Days Foundation located?
Brighter Days Foundation is headquartered in N Canton, Ohio and files with the IRS under EIN 453601700. It is classified under NTEE code T22.
How many years of IRS 990 filings does Brighter Days Foundation have?
Brighter Days Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $996K in total revenue.
Filing History
IRS 990 filing history for Brighter Days Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Brighter Days Foundation's revenue has grown by 88820200%, moving from $1 to $888K. Total assets increased by 12563800% over the same period, from $1 to $126K. In its most recent filing year (2023), Brighter Days Foundation reported a deficit of $137K, with expenses exceeding revenue. The organization holds $1 in liabilities against $126K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $126K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $888K | $1.0M | $126K | $1 | — | — |
| 2022 | $1.1M | $998K | $263K | $1 | — | View 990 |
| 2021 | $929K | $1.2M | $181K | $1 | — | View 990 |
| 2020 | $681K | $888K | $417K | $1 | — | — |
| 2019 | $819K | $1.1M | $624K | $1 | — | — |
| 2015 | $501K | $561K | $72K | $1 | — | View 990 |
| 2014 | $204K | $133K | $132K | $1 | — | View 990 |
| 2013 | $1 | $51K | $60K | $1 | — | View 990 |
| 2012 | $160K | $49K | $111K | $1 | — | View 990 |
| 2011 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $888K, expenses of $1.0M, and assets of $126K (revenue -17.7% year-over-year).
- 2022: Revenue of $1.1M, expenses of $998K, and assets of $263K (revenue +16.3% year-over-year).
- 2021: Revenue of $929K, expenses of $1.2M, and assets of $181K (revenue +36.4% year-over-year).
- 2020: Revenue of $681K, expenses of $888K, and assets of $417K (revenue -16.9% year-over-year).
- 2019: Revenue of $819K, expenses of $1.1M, and assets of $624K (revenue +63.5% year-over-year).
- 2015: Revenue of $501K, expenses of $561K, and assets of $72K (revenue +145.4% year-over-year).
- 2014: Revenue of $204K, expenses of $133K, and assets of $132K (revenue +20424900.0% year-over-year).
- 2013: Revenue of $1, expenses of $51K, and assets of $60K (revenue -100.0% year-over-year).
- 2012: Revenue of $160K, expenses of $49K, and assets of $111K (revenue +15999900.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brighter Days Foundation:
Data Sources and Methodology
This transparency report for Brighter Days Foundation 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.