PLATINUM2024

BRIGHTER CHILDREN INC

Ending Poverty Through Impactful & Dignified Education

aka Brighter Children   |   Huntington, NY   |  www.brighterchildren.org
GuideStar Charity Check

BRIGHTER CHILDREN INC

EIN: 46-2334621


Mission

Brighter Children identifies and supports educational entrepreneurs who provide quality education to vulnerable children in some of the most impoverished communities in the world. With your help we then provide those children who are vulnerable or at-risk of dropping out of school with annual scholarships and access to quality education.

Ruling year info

2014

Principal Officer

Kunal Doshi

Main address

23 Brennan St

Huntington, NY 11743 USA

Show more contact info

EIN

46-2334621

Subject area info

Education

International relations

Elementary education

Population served info

Children and youth

Students

Children

NTEE code info

Primary/Elementary Schools (B24)

Fund Raising and/or Fund Distribution (B12)

Fund Raising and/or Fund Distribution (Q12)

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Fundraising

We fund-raise through a combination of events and corporate donations. The purpose of our events is to spread the word of Brighter Children and have individuals realize that they can incorporate philanthropy into their daily lives by having a good time and without additional effort.

Population(s) Served
Students
Children and youth

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of children who have access to education

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

This metric describes the number of children Brighter Children is able to sponsor each year across our various partner schools.

Hours of literacy instruction delivered

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Number of meals served or provided

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Rate of student attendance during the reporting period

This metric is no longer tracked.
Totals By Year
Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

Context Notes

This metric represents the % rate of student attendance at our various partner schools.

Number of students who perform at average or above on standardized testing

This metric is no longer tracked.
Totals By Year
Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

Context Notes

This metric describes the % of students that have a pass rate at our various partner schools.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

We want to make this world a better place. We want to eradicate poverty and directly impact local communities all over the world. However, charity is injurious unless it helps the individual to become independent of it. We want to provide the youth of tomorrow the opportunity to learn, educate and empower themselves to exit the cycle of poverty.

Brighter Children is set up as a platform to identify those schools in impoverished regions which are capable of providing quality primary education but lack the necessary resources. We fund and support these schools by encouraging individuals to incorporate philanthropy in their day-to-day lives. We fund-raise through connecting with individuals, corporations, and by throwing events such as our Annual Benefit.

1. Seamless Platform: Ability to identify quality schools in impoverished regions
2. Accountability and Transparency: Complete responsibility for our actions and willingness to address any donor concerns by making available critical data upon request
3. Efficiency: Ability to use creative means to maximize impact with minimal donor resources

2013: Supported 12 students, partnered with two schools in India and Colombia.
2014: Supported 60 students, partnered with three schools in India, Colombia, and Kenya.
2015: Supported 150 students, partnered with four schools in India, Colombia, Kenya and Honduras
2016: Supported 300 students, partnered with four schools in India, Colombia, Kenya and Honduras
2017: Supported 500 students, partnered with four schools in India, Colombia, Kenya and Honduras
2018: Supported 500 students, partnered with four schools in India, Colombia, Kenya and Honduras
2019: Supported 500 students, partnered with four schools in India, Colombia, Kenya and Honduras

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback

  • What challenges does the organization face when collecting feedback?

Financials

BRIGHTER CHILDREN INC
Fiscal year: Jul 01 - Jun 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

2.43

Average of 1.43 over 9 years

Months of cash in 2023 info

SOURCE: IRS Form 990

11.3

Average of 11.5 over 9 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

18%

Average of 5% over 9 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

BRIGHTER CHILDREN INC

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

BRIGHTER CHILDREN INC

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

BRIGHTER CHILDREN INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of BRIGHTER CHILDREN INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation $74,881 $223,004 $166,270 -$10,376 -$93,726
As % of expenses 46.0% 125.4% 74.1% -3.0% -19.0%
Unrestricted surplus (deficit) after depreciation $74,881 $223,004 $166,270 -$10,376 -$93,726
As % of expenses 46.0% 125.4% 74.1% -3.0% -19.0%
Revenue composition info
Total revenue (unrestricted & restricted) $243,403 $395,199 $390,726 $341,136 $400,419
Total revenue, % change over prior year 0.0% 62.4% -1.1% -12.7% 17.4%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 100.0% 100.0% 100.0% 100.0% 100.0%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $162,895 $177,822 $224,456 $351,512 $494,145
Total expenses, % change over prior year 0.0% 9.2% 26.2% 56.6% 40.6%
Personnel 0.0% 0.0% 11.1% 24.1% 48.4%
Professional fees 0.9% 0.0% 3.8% 8.1% 6.7%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 84.2% 84.4% 71.6% 57.1% 37.6%
All other expenses 14.9% 15.6% 13.5% 10.7% 7.3%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $162,895 $177,822 $224,456 $351,512 $494,145
One month of savings $13,575 $14,819 $18,705 $29,293 $41,179
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $176,470 $192,641 $243,161 $380,805 $535,324

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 13.0 27.6 30.3 21.3 11.3
Months of cash and investments 13.0 27.6 30.3 21.3 11.3
Months of estimated liquid unrestricted net assets 6.1 20.6 25.2 15.7 8.9
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $176,040 $409,136 $565,832 $622,818 $465,849
Investments $0 $0 $0 $0 $0
Receivables $50,413 $47,828 $74,539 $38,004 $79,333
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 61.1% 33.2% 26.3% 30.4% 34.3%
Unrestricted net assets $82,412 $305,416 $471,686 $461,310 $367,584
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $5,627 N/A N/A N/A N/A
Total restricted net assets $5,627 $0 $0 $0 $0
Total net assets $88,039 $305,416 $471,686 $461,310 $367,584

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Principal Officer

Kunal Doshi

Number of employees

Source: IRS Form 990

BRIGHTER CHILDREN INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

BRIGHTER CHILDREN INC

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

BRIGHTER CHILDREN INC

Board of directors
as of 02/22/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Ian Swanson

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 2/22/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Asian/Asian American
Gender identity
Male
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

Equity strategies

Last updated: 11/07/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.