Operation Brighter Future Inc
EIN: 823441918 · Kansas City, MO · NTEE: S47
| Metric | Value |
|---|---|
| Total Revenue | $683K |
| Total Expenses | $695K |
| Net Assets | $2.4M |
Is Operation Brighter Future Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Operation Brighter Future Inc
Operation Brighter Future Inc (EIN: 823441918) is a nonprofit organization based in Kansas City, MO, classified under NTEE code S47. The organization reported total revenue of $683K and total assets of $13.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Operation Brighter Future Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Operation Brighter Future Inc is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $695K |
| Total Expenses | $695K |
| Surplus / Deficit | $-532 |
| Total Assets | $13.5M |
| Total Liabilities | $11.1M |
| Net Assets | $2.4M |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 82.0% |
| Months of Reserves | 233.0 months |
Financial Health Grade: C
In 2023, Operation Brighter Future Inc reported a deficit of $532 with expenses exceeding revenue, holds 233.0 months of operating reserves (strong position), has a debt-to-asset ratio of 82.0% (high leverage).
Financial Trends
Over 6 years of filings (2018–2023), Operation Brighter Future Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.3% | -0.1% | -0.7% |
| 2022 | +50.6% | +1.7% | +0.1% |
| 2021 | -17.0% | +0.5% | -1.7% |
| 2020 | -76.7% | +2.5% | -0.9% |
| 2019 | +484.5% | +1484.5% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Operation Brighter Future 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 Operation Brighter Future 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 deficit of $532, with expenses exceeding revenue.
- Debt-to-asset ratio: 82.0%.
Frequently Asked Questions about Operation Brighter Future Inc
Is Operation Brighter Future Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Operation Brighter Future Inc (EIN: 823441918) insufficient data. 0 red flags identified, 0 strengths noted.
How does Operation Brighter Future Inc spend its money?
Detailed spending breakdown data is not yet available for Operation Brighter Future Inc. Check back for updated IRS 990 analysis.
Are donations to Operation Brighter Future Inc tax-deductible?
Operation Brighter Future Inc is registered as a tax-exempt nonprofit (EIN: 823441918). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Operation Brighter Future Inc located?
Operation Brighter Future Inc is headquartered in Kansas City, Missouri and files with the IRS under EIN 823441918. It is classified under NTEE code S47.
How many years of IRS 990 filings does Operation Brighter Future Inc have?
Operation Brighter Future Inc has 6 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 $683K in total revenue.
Filing History
IRS 990 filing history for Operation Brighter Future Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Operation Brighter Future Inc's revenue has grown by 47.4%, moving from $471K to $695K. Total assets decreased by 0.6% over the same period, from $13.6M to $13.5M. Total functional expenses rose by 1556.6%, from $42K to $695K. In its most recent filing year (2023), Operation Brighter Future Inc reported a deficit of $532, with expenses exceeding revenue. The organization holds $11.1M in liabilities against $13.5M in assets (debt-to-asset ratio: 82.0%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $695K | $695K | $13.5M | $11.1M | — | — |
| 2022 | $801K | $696K | $13.6M | $11.2M | — | — |
| 2021 | $532K | $685K | $13.6M | $11.3M | — | View 990 |
| 2020 | $641K | $681K | $13.8M | $11.3M | — | — |
| 2019 | $2.8M | $665K | $13.9M | $11.4M | — | View 990 |
| 2018 | $471K | $42K | $13.6M | $13.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $695K, expenses of $695K, and assets of $13.5M (revenue -13.3% year-over-year).
- 2022: Revenue of $801K, expenses of $696K, and assets of $13.6M (revenue +50.6% year-over-year).
- 2021: Revenue of $532K, expenses of $685K, and assets of $13.6M (revenue -17.0% year-over-year).
- 2020: Revenue of $641K, expenses of $681K, and assets of $13.8M (revenue -76.7% year-over-year).
- 2019: Revenue of $2.8M, expenses of $665K, and assets of $13.9M (revenue +484.5% year-over-year).
- 2018: Revenue of $471K, expenses of $42K, and assets of $13.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Operation Brighter Future Inc:
Data Sources and Methodology
This transparency report for Operation Brighter Future 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.