A Bright Future Inc is located in Dorchester Center, MA. The organization was established in 2019. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Bright Future Inc 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 12/2022, A Bright Future Inc generated $165.3k in total revenue. All expenses for the organization totaled $124.1k during the year ending 12/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO ENHANCE THE LIVES OF INNER CITY YOUTHS THROUGH SPORTS AND VARIOUS ACTIVITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna M Bright President, Clerk | 0 | $0 | |
Justin Robinson Treasurer | 0 | $0 | |
Ahmad J Bright Vice President | 0 | $0 | |
Ana Alvarado Director | 40 | $17,800 | |
Chad Bright Reason Director | 40 | $82,000 | |
Lisa Delima Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $165,286 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $165,286 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,388 |
| Professional fees and other payments to independent contractors | $17,818 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $64,915 |
| Total expenses | $124,121 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $119,643 |
| Other assets | $0 |
| Total assets | $119,643 |
| Total liabilities | $0 |
| Net assets or fund balances | $119,643 |