A Bright Future for Kids Inc

Nonprofit profile at a glance

EIN
464177410
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024, Form 990-T 2024, Form 990-N 2019
Location
Olathe, KS, USA
Phone
9136387973
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
International Relief

Reported finances

Revenue
$88,229
Expenses
$80,999
Assets
$44,690
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • SOLOMON DABE (PRESIDENT & EXECUTIVE DIRECTOR)

People named in this filing

  • PAUL HAWKINS (BOARD MEMBER)
  • MICHELLE JULIAN (BOARD MEMBER)
  • ALYSON SEITZ (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A bright future for kids targets the core causes of poverty by embracing a holistic approach for lasting transformation that secures a bright future for underprivileged communities.

What it reported doing in 2024

55 families in ethiopia & kenya are participating in the abf4k family sustainability program. Abf4k provided emergency relief (food buckets of wheat, cooking oil & sanitizing supplies) for displaced people in the drought-stricken borona region of southern ethiopia in 2024. 100 children are able to attend school daily with support from abf4k. Over 100 people leverage our library / community resource center in kenya.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 54% for direct work, and 46% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 100
  • Sustainability: 46
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.5%; rating input score 84
  • Program expense ratio: 91%; rating input score 91

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 8.2%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 0.55; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 25.5%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 14.3% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 10.9% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 8.5% per year; rating input score 100; 69th percentile among comparable filings

Details

  • Where the money goes: 83.5% of revenue deployed · 91% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $74K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • Review — Sustainability: Operating margin scored 59/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.