Brighter Financial Futures

Pa Council On Financial Literacy

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 822654459 ✦ Winfield, PA ✦ Designated as a 501(c)(3)

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Overview

What is Brighter Financial Futures?

Brighter Financial Futures is a nonprofit organization situated in Winfield, Pennsylvania. Their primary focus is to educate K-12 students about economics and the U.S. free-market system, utilizing stock market simulation software. The organization aims to enhance students' understanding of personal finance, savings, investing, and entrepreneurship. By providing these skills, Brighter Financial Futures aims to improve their standards of living, quality of life, and professional success. They support programs that foster these skills, contributing positively to the overall development of the students. The organization, known as PA Council on Financial Literacy, operates with the goal of empowering the future generation with financial knowledge and skills.


Official website here: www.penncfl.org

Is Brighter Financial Futures legitimate?

Brighter Financial Futures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brighter Financial Futures 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: $93,096
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.penncfl.org

What is the mission statement of Brighter Financial Futures?

Brighter Financial Futures is committed to educating K-12 students about economics and the U.S. free-market system. Their mission is to support programs that enhance students' skills in personal finance, entrepreneurship, and small business. This aim is to improve their standard of living, quality of life, and professional success. They achieve this goal by utilizing stock market simulation software to create engaging learning experiences and competitions for students, enhancing their understanding of free markets, economics, saving, and investing.


Official website here: www.penncfl.org

Who is the CEO of Brighter Financial Futures?

Alan W Dakey is the Chairman Of The Board, Pre of Brighter Financial Futures.


Official website here: www.penncfl.org

What is the revenue of Brighter Financial Futures?

Brighter Financial Futures's revenue in 2022 was $246,018.


Official website here: www.penncfl.org

Who are the executives of Brighter Financial Futures and what are their salaries?


Here are 4 key members and their salaries:


Alan W Dakey (Chairman Of The Board, Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn A Shirk (Vice President)
  • Compensation: $71,538
  • Related: $0
  • Other: $0
Donna Gavitt M Ed (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Kabonick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.penncfl.org

Where can I find the form 990 for Brighter Financial Futures?

Brighter Financial Futures's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.penncfl.org

Learn more at the official website: www.penncfl.org

Mission Statement of Brighter Financial Futures

Brighter Financial Futures, a nonprofit organization, is committed to enlightening K-12 students about the intricacies of economics and the U.S. free-market system. Their mission extends beyond mere education; they aim to empower students by fostering their skills in personal finance, entrepreneurship, and small business development. The ultimate goal is to elevate their standard of living, improve their quality of life, and propel them towards professional success.

To achieve this, Brighter Financial Futures employs an innovative approach, leveraging stock market simulation software. This tool allows for the creation of unique learning experiences and competitions that enhance students' understanding of free markets, economics, saving, and investing. By participating in these simulations, students gain valuable insights into the workings of the financial world, preparing them for future financial decisions and potential entrepreneurial pursuits.

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Impact




October, 2024

Brighter Financial Futures enhances the educational landscape by equipping K-12 students with essential knowledge and skills in economics, personal finance, entrepreneurship, and small business management. Through innovative methods, including the use of stock market simulation software, the organization creates engaging learning experiences and competitions that deepen students' understanding of free markets and investing.

By fostering financial literacy and entrepreneurial skills, Brighter Financial Futures empowers students to elevate their standard of living and improve their quality of life. This holistic approach not only prepares them for professional success but also instills a sense of confidence in managing their personal finances, paving the way for informed and responsible financial decision-making in their futures.




This information is meant to be a general summary of Brighter Financial Futures. 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.

Revenue
$246,018 (2022)
Expenses
$169,268 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $246,018

Assets and Liabilities:

  • Total Assets: $262,697
  • Total Liabilities: $6,870
  • Net Assets: $255,827

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Organization Details

Founding Year

2017

Principal Officer

Alan W Dakey

Main Address

849 TAME DEER DRIVE, WINFIELD, PA, 17889

NTEE Category

Code: W01 - Public benefit

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