Overview
What is Bf Inc?
Bf Inc, formally known as Bright Futures Atlanta (BFA), is a nonprofit organization based in Atlanta, Georgia, specifically at 64 Edwin Place NW, 30318. Their primary mission is to foster spiritual, academic, and physical growth in middle and high school students, as well as their families, through a range of year-round programs. BFA operates a traditional school for these students, offering core educational classes and elective options, aiming to provide a distraction-free learning environment contrasting to inner-city public schools. In a typical year, they enroll between 75 to 95 students across grades 6 through 12. With a committed workforce of 26 individuals, BFA aims to ignite a passion for learning and bring about lasting social change.
Official website here: www.brightfuturesatl.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Bf Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. The organization scored 96% in the Accountability & Finance category, indicating a high level of transparency and effective financial practices. The charity has a fully independent board with 16 members, and it demonstrates robust oversight through its audit and oversight committee.
The organization has shown a commendable program expense ratio of 83.62%, suggesting that a significant portion of its funds is directed toward its programs rather than administrative costs. Furthermore, Bf Inc has implemented essential governance policies, including conflict of interest and whistleblower policies, which are crucial for maintaining ethical standards within the organization.
While the financial health appears strong with a low liabilities to assets ratio of 6.37%, potential donors and stakeholders may want to keep an eye on the salary of key personnel to ensure alignment with the organization's mission and financial sustainability. Overall, Bf Inc stands out as a well-managed nonprofit committed to transparency and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Bf Inc legitimate?
Bf Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bf 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: $46,200
Other Salaries and Wages: $516,873
For more financial information, click here
Official website here: www.brightfuturesatl.org
What is the mission statement of Bf Inc?
Bf Inc, through its mission, focuses on fostering the spiritual, academic, and physical development of its youth participants and their families. This is accomplished by providing year-round programs that instill a passion for learning in the students, ultimately leading to significant social change. The organization operates a fully accredited traditional school for middle and high school students, offering a range of core and elective classes. The goal is to provide an educational environment free from the distractions often found in inner-city public schools, enabling students to thrive academically.
Official website here: www.brightfuturesatl.org
Who is the CEO of Bf Inc?
Philip Ross is the Executive Director of Bf Inc.
Official website here: www.brightfuturesatl.org
What is the revenue of Bf Inc?
Bf Inc's revenue in 2021 was $1,979,201.
Official website here: www.brightfuturesatl.org
Who are the executives of Bf Inc and what are their salaries?
The average compensation at Bf Inc during 2021 was $19,880. There are 26 employees and 50 volunteers at Bf Inc.
Here are 18 key members and their salaries:
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Official website here: www.brightfuturesatl.org
Where can I find the form 990 for Bf Inc?
Bf Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.brightfuturesatl.org
Learn more at the official website: www.brightfuturesatl.org
Mission Statement of Bf Inc
Bf Inc, short for Bright Futures Atlanta, is a nonprofit organization with a mission to foster the spiritual, academic, and physical growth of its youth participants and their families. The organization achieves this goal through year-round programs, aimed at instilling a lifelong passion for learning and triggering lasting social change.
At the heart of Bf Inc's activities is its fully accredited traditional school, which operates from August to May. This school caters to middle and high school students, with an average enrollment of 75 to 95 students across grades 6 through 12. The curriculum includes all the essential core educational classes, as well as a variety of elective options, offering a comprehensive learning environment. Bf Inc's goal is to provide students with an educational context that is free from the distractions typically found in inner-city public schools.
In summary, Bf Inc's mission revolves around promoting the holistic development of its youth participants and their families. Through its school and year-round programs, it aims to instill a passion for learning, ultimately leading to lasting social change.
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Impact
July, 2024
Bf Inc, operating as Bright Futures Atlanta (BFA), is making a significant impact in the lives of middle and high school students in Atlanta, Georgia. Through its fully accredited traditional school, BFA provides a sanctuary for students to focus on their academic growth without the distractions often found in inner-city public schools. With an enrollment of 75 to 95 students annually in grades 6 through 12, BFA offers core educational classes and elective options to ensure a well-rounded educational experience.
The mission of BFA is clear: to promote the spiritual, academic, and physical growth of its youth participants and their families through year-round programs. By instilling a passion for learning, BFA aims to create lasting social change and empower its students to reach their full potential. Through its focus on youth development, Bf Inc is shaping the future leaders of tomorrow and making a positive impact on the community of Atlanta.
This information is meant to be a general summary of Bf 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 2021.
- Investment Income: $481
- Program Service Revenue: $9,729
- Gross Receipts: $2,038,118
Assets and Liabilities:
- Total Assets: $2,516,011
- Total Liabilities: $160,412
- Net Assets: $2,355,599
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ACADEMIC SUPPORT FEES
Revenue
$9,729
Organization Details
Founding Year
2003
Phone
(404) 799-1249Principal Officer
Philip Ross
Main Address
64 EDWIN PLACE NW, ATLANTA, GA, 30318
Website
www.brightfuturesatl.orgNTEE Category
Code: O50 - Youth development
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