Brighter Way Institute
- Assets
- $3.7m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 31
- Location
- Phoenix, AZ
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 81-1096448
Organization Overview
Brighter Way Institute is located in Phoenix, AZ. The organization was established in 2016. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Brighter Way Institute employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brighter Way Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Brighter Way Institute generated $3.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $3.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BRIGHTER WAY HAS A TRANSFORMATIONAL MISSION TO PROVIDE COMPREHENSIVE ORAL HEALTH CARE FOR VULNERABLE ADULTS, CHILDREN, VETERANS, THOSE EXPERIENCING HOMELESSNESS, AND INDIVIDUALS WITH SPECIAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AT BRIGHTER'S WAY INSTITURE'S DOWNTOWN LOCATION: PROVIDED ORAL HEALTHCARE TO PATIENTS WHO ARE HOMELESS, HOMESLESS VETERANS, UNDERINSURED, AND UNINSURED INDIVIDUALS. AT BRIGHT WAY INSITITUTE'S PARSONS CENTER: PROVIDED COMPHRENSIVE ORAL HEALTHCARE TO UNSINURED AND UNDERINSURED CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Manning Dentist | 40 | $192,431 | |
Kris Volcheck CEO | OfficerTrustee | 40 | $189,030 |
Nashid Ahmed Dentist | 40 | $102,579 | |
Dustin Marshall Chief Administrative Officer | Officer | 40 | $89,265 |
Laurie Volcheck Chief Program Officer | Officer | 40 | $75,179 |
Corrie Worth Secretary/treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dani Dental Studio Dental Services | 12/30/17 | $111,029 |
Practice Strategies Consulting | 12/30/17 | $161,593 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $683,543 |
| All other contributions, gifts, grants, and similar amounts not included above | $485,427 |
| Noncash contributions included in lines 1a–1f | $24,765 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,168,970 |
| Total Program Service Revenue | $2,424,523 |
| Investment income | $112 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,638,688 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $423,715 |
| Compensation of current officers, directors, key employees. | $339,161 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,141,721 |
| Pension plan accruals and contributions | $4,313 |
| Other employee benefits | $92,836 |
| Payroll taxes | $112,144 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,224 |
| Fees for services: Accounting | $122,342 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $30,548 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $437,100 |
| Advertising and promotion | $26,540 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $89,681 |
| Travel | $11,965 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,351 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $118,800 |
| Insurance | $34,507 |
| All other expenses | $63,229 |
| Total functional expenses | $3,392,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,103,317 |
| Savings and temporary cash investments | $109,457 |
| Pledges and grants receivable | $17,520 |
| Accounts receivable, net | $286,644 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $17,742 |
| Prepaid expenses and deferred charges | $19,647 |
| Net Land, buildings, and equipment | $778,271 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $383,588 |
| Total assets | $3,716,186 |
| Accounts payable and accrued expenses | $187,851 |
| Grants payable | $0 |
| Deferred revenue | $179,081 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $474,727 |
| Other liabilities | $0 |
| Total liabilities | $841,659 |
| Net assets without donor restrictions | $2,583,670 |
| Net assets with donor restrictions | $290,857 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,716,186 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Brighter Way Institute has recieved totaling $1,791,149.
| Awarding Organization | Amount |
|---|---|
Diane And Bruce Halle Foundation Scottsdale, AZ PURPOSE: HEALTH & MEDICAL | $1,500,000 |
Bhhs Legacy Foundation Phoenix, AZ PURPOSE: Increasing Access to Oral Health Care | $75,000 |
The Board Of Visitors Phoenix, AZ PURPOSE: SUPPORT MOBILE DENTAL UNIT | $75,000 |
Organization Name not Listed PURPOSE: COLLABORATIVE GRANT AWARD | | $49,000 |
Organization Name not Listed PURPOSE: COVID ASSISTANCE GRANT | | $29,999 |
Bhhs Legacy Foundation Phoenix, AZ PURPOSE: Endowment | $20,000 |
Endowment Analysis
| Net Contributions | $880,000 |
| Ending Balance | $880,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Santa Barbara Neighborhood Clinics Santa Barbara, CA | $18,717,190 | $23,301,829 |
Roots Community Health Center Oakland, CA | $16,319,260 | $25,454,893 |
Tuolumne Me-Wuk Indian Health Center Inc Tuolumne, CA | $10,124,240 | $19,545,637 |
Bear Lake Community Health Center Providence, UT | $13,035,699 | $18,256,797 |
Southern California Medical Center Inc Van Nuys, CA | $18,294,955 | $21,611,800 |
Mountainlands Community Health Center Inc Provo, UT | $9,420,926 | $17,491,753 |
Mountain Valleys Health Centers Bieber, CA | $13,987,353 | $18,128,342 |
Southwest Utah Community Health Center St George, UT | $14,162,131 | $15,109,008 |
California Health Collaborative Fresno, CA | $4,574,808 | $13,046,257 |
Mendocino Coast Clinics Inc Fort Bragg, CA | $9,586,994 | $13,293,667 |
Universal Community Health Center Los Angeles, CA | $8,817,698 | $14,320,773 |
Renown Health Foundation Reno, NV | $28,610,353 | $7,556,669 |