Brighter Tomorrows Inc
Nonprofit profile at a glance
- EIN
- 510643790
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Rochester, MN, USA
- Phone
- 5072543952
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Patient Services - Entertainment, Recreation
Reported finances
- Revenue
- $55,818
- Expenses
- $26,242
- Assets
- $412,787
- Liabilities
- $398
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- LIZ CANAN (PRESIDENT)
People named in this filing
- LIZ CANAN (PRESIDENT)
- MARY HANSEN (SECRETARY)
- JACQUELINE ANDERSON (TREASURER)
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
To provide emotional, spiritual, and educational support by listening to, understanding, and supporting families touched by childhood cancer.
What it reported doing in 2024
Family gatherings (picnics and events)are arranged so that all of the families can get together to serve as support for one another. Family care kits are provided to families requiring extended care in order to be with their child during medical treatments. Kits consist of gas cards, parking passes, food, and basic necessity gift cards, as well as miscellaneous small items.
Operating model
- Revenue model
- Donor-supported. 74% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 100
- Sustainability: 82
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.5%; rating input score 53
- Program expense ratio: 87.5%; rating input score 88
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: 53%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 15.73; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 3% per year; rating input score 100; 57th percentile among comparable filings
- Revenue growth: 2.2% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 11.2% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 53.5% of revenue deployed · 87.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $23K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.