Overview
What is Brighter Tomorrows Inc?
Brighter Tomorrows Inc, located in Chesterfield, South Carolina, is a nonprofit organization dedicated to supporting individuals with developmental disabilities. Their mission is to enable these individuals to reside in their own homes if feasible, or to live in a community setting that closely mirrors normal living conditions for their age and capabilities. The nonprofit's primary objective is to cater to the needs of disabled individuals, as stated in their activity or mission description. Moreover, they are committed to providing affordable housing for low and moderate-income handicapped individuals, as mentioned in their mission description. By doing so, Brighter Tomorrows Inc aims to contribute positively to the lives of individuals with developmental disabilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Brighter Tomorrows Inc has earned a solid Three-Star rating from Charity Navigator, indicating a satisfactory performance in the area of Accountability & Finance. The charity's overall score is based entirely on its financial practices, reflecting a commitment to maintaining a transparent and responsible financial structure. The organization has demonstrated exceptional governance, with a fully independent board and adherence to best practices regarding conflict of interest policies.
The charity's financial health is notable, with a low liabilities to assets ratio of 3.10%, suggesting sound financial management. Additionally, a significant portion of its expenses, 78.56%, is directed toward programs, highlighting an effective allocation of resources toward its mission. The documentation of board meeting minutes and the absence of material asset diversion further support its credibility and reliability.
While the rating reflects strong financial practices, it is important for potential donors and supporters to consider the charity's overall impact and effectiveness in fulfilling its mission beyond just financial metrics. Continuous monitoring of their programs and outcomes would provide a fuller picture of their contributions to the community they serve.
This AI summary has been generated from information found on Charity Navigator.
Is Brighter Tomorrows Inc legitimate?
Brighter Tomorrows Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brighter Tomorrows 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: $2,880
For more financial information, click here
What is the mission statement of Brighter Tomorrows Inc?
Brighter Tomorrows Inc is committed to serving individuals with developmental disabilities. Their primary mission is to provide affordable housing for those with low and moderate incomes who are handicapped. This organization aims to enable these individuals to stay in their own homes if possible, and if not, to offer a community living setting that closely resembles normal living conditions for their age and abilities. Brighter Tomorrows Inc serves four such individuals, striving to enhance their quality of life.
Who is the CEO of Brighter Tomorrows Inc?
Billie Stoudemire is the Principal Officer of Brighter Tomorrows Inc.
What is the revenue of Brighter Tomorrows Inc?
Brighter Tomorrows Inc's revenue in 2023 was $32,805.
Who are the executives of Brighter Tomorrows Inc and what are their salaries?
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Brighter Tomorrows Inc?
Brighter Tomorrows Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Brighter Tomorrows Inc
Brighter Tomorrows Inc, a nonprofit organization, is dedicated to fulfilling the needs of individuals with disabilities. Their primary mission is to offer affordable housing options for low and moderate-income handicapped individuals. This mission strives to empower these individuals, allowing them to remain in their own homes if feasible and desirable. However, if living independently is not possible, Brighter Tomorrows Inc aims to provide a community setting that closely resembles normal life for their age and capabilities. The organization serves the needs of four such individuals, ensuring they live in an environment that caters to their unique requirements.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Brighter Tomorrows Inc is making a significant impact by meeting the needs of disabled individuals, allowing them to remain in their homes if desired and possible. If not feasible, the organization helps these individuals live in a community setting with characteristics as close to normal as possible for their age and capabilities. With a focus on providing affordable housing for low and moderate-income handicapped individuals, Brighter Tomorrows Inc is serving four individuals in Chesterfield, SC. This effort not only improves the quality of life for those served but also promotes inclusivity and independence within the community.
This information is meant to be a general summary of Brighter Tomorrows 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.
- Investment Income: $114
- Program Service Revenue: $15,169
- Gross Receipts: $32,805
Assets and Liabilities:
- Total Assets: $140,734
- Total Liabilities: $4,367
- Net Assets: $136,367
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT RENT REVENUE
Revenue
$15,169
Organization Details
Founding Year
2005
Phone
(843) 623-9016Principal Officer
Billie Stoudemire
Main Address
POST OFFICE BOX 151, CHESTERFIELD, SC, 29709
NTEE Category
Code: L21 - Housing
If you are a representative of Brighter Tomorrows Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.