Liabilities / Assets
33rd percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 84-2713350 • 501(c)3 • Villa Park, IL
Profile
We envision a world where everyone with a desire for an education be it Islamic or secular is able to attain one, regardless of their income or geographic location.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
33rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
35th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
51st percentile
Higher net margin than 51% of similar nonprofits.
Top Officer Pay
55th percentile
Higher top officer pay than 55% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
85th percentile
Faster asset growth than 85% of similar nonprofits.
Revenue Growth
60th percentile
Faster revenue growth than 60% of similar nonprofits.
Assets
Up$171,117
Up $47,485 (+38%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$171,117
Up $47,485 (+38%) from 2023
Revenue
Up$985,928
Up $122,199 (+14%) from 2023
Expenses
Up$938,443
Up $71,164 (+8.2%) from 2023
Net Income
Up$47,485
Up $51,035 (+1438%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
We envision a world where everyone with a desire for an education be it Islamic or secular is able to attain one, regardless of their income or geographic location.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $123,632 | $171,117 | ▲ $47,485 |
| Rtn Earn Endowment Incm Other Fnds | $123,632 | $171,117 | ▲ $47,485 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $123,632 | $171,117 | ▲ $47,485 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $123,632 | $171,117 | ▲ $47,485 |
| Total Liabilities and Net Assets / Fund Balance | $123,632 | $171,117 | ▲ $47,485 |
| Name | Title |
|---|---|
| Yousuf Ghouse | President |
| Ali Siddiqui | Secretary |
| Fayaaz Mohammed | Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $921,830 |
| Other Expenses | $16,613 |
| Total Fundraising Expense | $8,308 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Foreign Grants | $921,830 | - | - | $921,830 |
| Information Technology | - | $4,755 | $4,755 | $9,510 |
| Fees for Services Accounting | - | $2,700 | $2,700 | $5,400 |
| Advertising | - | $646 | $647 | $1,293 |
| Fees for Services Legal | - | $107 | $108 | $215 |
| Office Expenses | - | $87 | $87 | $174 |
| Fees for Services Other | - | $10 | $11 | $21 |
| Total Functional Expenses | $921,830 | $8,305 | $8,308 | $938,443 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso, | Program Services | Medical | 0 | 0 | $921,830 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The organization's president reviewed the return before filing with the irs.”
“1. Duty to Disclose Each Member, Director, Officer, Employee, and any other Interested Person is under an obligation to disclose the existence or potential existence of a Conflict of Interest as it arises. 2. Investigating Conflicts When a potential Conflict of Interest is disclosed, the Governing Board will then provide the individual with an opportunity to disclose all material facts. The Board will collect all pertinent information and question the involved parties. If it turns out that a conflict does not exist, the inquiry will be documented but no further action will be taken. 3. Addressing a Conflict of Interest If the Board determines that a conflict of interest exists, they will take the appropriate actions to address the conflict. This may include (but not be limited to): (a) prohibiting any Interested Parties from voting on any matter related to said Conflict of Interest or (b) terminating employment with Brighter Futures Foundation Affected parties both within and outside of Brighter Futures Foundation, including shareholders, directors, employees, and independent contractors, will be notified. If the Conflict of Interest in question involves a member of the Board, that individual will be excused from deliberations. 4. Disciplinary Action All conflicts of interest will be reviewed on a case-by-case basis. The board has full discretion to deem what disciplinary action is appropriate and necessary for disclosed conflicts of interest. If the governing officers reasonably believe a member or staff member failed to disclose an existing or possible conflict of Interest, it shall inform the individual of the rationale for such belief and grant the individual an opportunity to explain the alleged failure to disclose the Conflict of Interest. After hearing the individual's response and investigating further as warranted by the circumstances, the governing officers may take appropriate disciplinary action, including removal from the position at the organization. 5. Notice of Annual Statements Every Member, Director, Officer, Employee, and any other Interested Person must sign a Conflict of Interest Disclosure Statement upon said individual's term of office, employment, or other relationship with Brighter Futures Foundation and must do so annually. Failure to sign does not nullify the policy.”
“Documents are available upon request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/Desc | 0 | Given the low cost of building and purchasing goods in Togo, we have been able to make a sizable impact. A mere 50 USD is enough to support a student for a month. 200 USD is enough to support the salary of one hifz teacher for a month along with their whole family. |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Distributions of food and cash to those in need in Sub-Sarahan Africa. |
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| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION UTILIZES STANDARD ACCOUNTING PROCEDURES TO MAINTAIN RECORDS OF THE AMOUNT OF ASSISTANCE PROVIDED. THE ORGANIZATION'S OFFICERS AND OTHER VOLUNTEERS PROVIDE DIRECT MEDICAL ASSISTANCE TO THOSE IN NEED, AND ALL EXPENSES INCURRED ARE FOR PROVIDING THAT ASSISTANCE |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, Line 2: |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION'S PRESIDENT REVIEWED THE RETURN BEFORE FILING WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 1. Duty to Disclose Each Member, Director, Officer, Employee, and any other Interested Person is under an obligation to disclose the existence or potential existence of a Conflict of Interest as it arises. 2. Investigating Conflicts When a potential Conflict of Interest is disclosed, the Governing Board will then provide the individual with an opportunity to disclose all material facts. The Board will collect all pertinent information and question the involved parties. If it turns out that a conflict does not exist, the inquiry will be documented but no further action will be taken. 3. Addressing a Conflict of Interest If the Board determines that a conflict of interest exists, they will take the appropriate actions to address the conflict. This may include (but not be limited to): (a) prohibiting any Interested Parties from voting on any matter related to said Conflict of Interest or (b) terminating employment with Brighter Futures Foundation Affected parties both within and outside of Brighter Futures Foundation, including shareholders, directors, employees, and independent contractors, will be notified. If the Conflict of Interest in question involves a member of the Board, that individual will be excused from deliberations. 4. Disciplinary Action All conflicts of interest will be reviewed on a case-by-case basis. The board has full discretion to deem what disciplinary action is appropriate and necessary for disclosed conflicts of interest. If the governing officers reasonably believe a member or staff member failed to disclose an existing or possible conflict of Interest, it shall inform the individual of the rationale for such belief and grant the individual an opportunity to explain the alleged failure to disclose the Conflict of Interest. After hearing the individual's response and investigating further as warranted by the circumstances, the governing officers may take appropriate disciplinary action, including removal from the position at the organization. 5. Notice of Annual Statements Every Member, Director, Officer, Employee, and any other Interested Person must sign a Conflict of Interest Disclosure Statement upon said individual's term of office, employment, or other relationship with Brighter Futures Foundation and must do so annually. Failure to sign does not nullify the policy. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section C, line 19 |
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| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 938443 |
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| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 123632 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 171117 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 921830 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 985928 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 123632 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 171117 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1S269 Ingersoll Lane 269 |
| IRS990/USAddress/CityNm | 0 | Villa Park |
| IRS990/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/USAddress/ZIPCd | 0 | 60181 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 0 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | https://www.brighterfuturesusa.org/ |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | YOUSUF GHOUSE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6302026380 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-06-28 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Brighter Futures Foundation |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BRIG |
| ReturnHeader/Filer/EIN | 0 | 842713350 |
| ReturnHeader/Filer/PhoneNum | 0 | 6302026380 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1S269 Ingersoll Lane 269 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Villa Park |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60181 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 873594691 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Ashraf Advisory PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 450 Century Pkwy Ste 250-289 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Allen |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 750138044 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9729920946 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-06-25 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Arsalan Ashraf |
| ReturnHeader/ReturnTs | 0 | 2025-06-28T13:06:25-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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