Overview
What is Brightmoor Alliance Inc?
Brightmoor Alliance Inc is a nonprofit organization situated in Detroit, Michigan, specifically at POBOX 23116. Their primary mission is to support and collaborate with community organizations working towards the betterment of the deteriorating Brightmoor community in Detroit. They aim to improve the lives of economically disadvantaged youth and residents by providing job training, education, and housing opportunities through collaboration with other organizations. Their mission is driven by a commitment to combat the decline of the Brightmoor community, thereby contributing to its overall development and progress. The organization has a modest workforce of 7 individuals dedicated to this cause.
Official website here: www.brightmooralliance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (71%, Two-Star out of Four Stars)
Brightmoor Alliance Inc has received a "Needs Improvement" rating from Charity Navigator, scoring 71% overall. The organization exhibits strong governance features, such as having a fully independent board and no material diversion of assets. However, there are significant weaknesses in financial transparency, as it has not provided financial statements or hosted its tax form on its website, which diminishes its accountability score.
Despite a commendable program expense ratio of 78.15%, indicating effective allocation of resources towards its mission, the organization lacks essential policies like a whistleblower policy and a document retention strategy. This gap in policies could raise concerns about organizational governance and accountability.
Overall, while Brightmoor Alliance Inc demonstrates certain strengths in governance and program spending, its lack of financial transparency and missing critical policies highlight areas needing improvement to enhance its credibility and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Brightmoor Alliance Inc legitimate?
Brightmoor Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brightmoor Alliance Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $292,989
For more financial information, click here
Official website here: www.brightmooralliance.org
What is the mission statement of Brightmoor Alliance Inc?
Brightmoor Alliance Inc's mission is centered around supporting community organizations working towards combating the deterioration of underprivileged neighborhoods. Specifically, their focus is on the Brightmoor community in Detroit. They aim to collaborate with other organizations to provide job training, education, and housing opportunities for economically disadvantaged youth and residents in the community. Their goal is to contribute to the betterment of this community and enhance the living conditions of its residents.
Official website here: www.brightmooralliance.org
What is the revenue of Brightmoor Alliance Inc?
Brightmoor Alliance Inc's revenue in 2023 was $1,149,699.
Official website here: www.brightmooralliance.org
Who are the executives of Brightmoor Alliance Inc and what are their salaries?
The average compensation at Brightmoor Alliance Inc during 2023 was $41,856. There are 7 employees at Brightmoor Alliance Inc.
Here are 7 key members and their salaries:
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Official website here: www.brightmooralliance.org
Where can I find the form 990 for Brightmoor Alliance Inc?
Brightmoor Alliance Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.brightmooralliance.org
Learn more at the official website: www.brightmooralliance.org
Mission Statement of Brightmoor Alliance Inc
Brightmoor Alliance Inc is committed to supporting the efforts of community organizations working to combat the deterioration of the Brightmoor community in Detroit. The organization's mission is twofold: firstly, it aims to collaborate with other organizations that provide job training, education, and housing opportunities for economically disadvantaged youth and residents of the community. Secondly, Brightmoor Alliance Inc seeks to contribute to these initiatives by supporting the work of these community organizations. By doing so, the nonprofit aims to uplift and empower the economically disadvantaged individuals in the Brightmoor community.
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Impact
July, 2024
Brightmoor Alliance Inc plays a significant role in combating the deterioration of the Brightmoor community in Detroit. By supporting community organizations and collaborating with others to provide job training, education, and housing opportunities for economically disadvantaged youth and residents, the organization is actively working towards uplifting and improving the lives of individuals in the community. Their efforts have a direct and positive impact on addressing the challenges faced by the residents and fostering a better future for Brightmoor.
This information is meant to be a general summary of Brightmoor Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $13,334
- Gross Receipts: $1,149,699
Assets and Liabilities:
- Total Assets: $1,215,566
- Total Liabilities: $393,443
- Net Assets: $822,123
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM AND EVENTS
Revenue
$13,334
Organization Details
Founding Year
2000
Principal Officer
Rev Larry L Simmons Sr
Website
www.brightmooralliance.orgNTEE Category
Code: P80 - Human services
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