Civic Intelligence

Brighter Futures for Phillips

990EZ • Fiscal year 2022 • EIN 85-4233513

Jan 01, 2022 to Dec 31, 2022 • Filed on May 17, 2023

Organization ProfileN/A
544 Park StreetMontclair, NJ 07043

(312) 636-1249

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

46th percentile

-0.3%

Faster asset growth than 46% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$261,130

Down $885 (-0.3%) from 2021

Net Assets

Down

$261,130

Down $885 (-0.3%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $266,737 (-100%) from 2021

Expenses

Down

$885

Down $3,837 (-81%) from 2021

Net Income

Down

-$885

Down $262,900 (-100%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2021: $262,015Liabilities 2021: $0Net Assets 2021: $262,0152021Assets 2022: $261,130Liabilities 2022: $0Net Assets 2022: $261,1302022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2022

Assets$261,130
Liabilities$0
Net Assets$261,130
Open 2022 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2021: $266,737Expenses 2021: $4,722Net Income 2021: $262,0152021Revenue 2022: $0Expenses 2022: $885Net Income 2022: -$8852022Revenue 2023: $0Expenses 2023: $261,130Net Income 2023: -$261,1302023

Highlighted filing

2022

Revenue$0
Expenses$885
Net Income-$885
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 17, 2023
Return Version
2022v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

The mission of brighter futures for phillips is to inspire bronzeville area high school students by funding the development of a stem department at wendell phillips high school; and creating new, fulfilling career paths for them.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION HAS RAISED FUNDING FOR WENDELL PHILLIPS HIGH SCHOOL STEM DEPARTMENT$0$885
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL MANCINIPresident-$0--
MATTHEW SULLIVANSecretary-$0--
SEVILLE SPEARMANTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Brighter Futures for Phillips
EIN
85-4233513
Phone
3126361249
Address
544 PARK STREET, MONTCLAIR, NJ 07043

Signing Officer

Name
Michael Mancini
Title
President
Phone
3126361249
Signed
2023-05-17
Discuss with paid preparer
Yes

Preparer

Firm
Jesser Ravid Jason Basso and Farber Llp
Address
150 N WACKER DRIVE SUITE 3100, CHICAGO, IL 60606-1659
Preparer
John V Basso
Phone
3127824710
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: filling fees. Amount: 10. Description: bank fees. Amount: 50. Total to form 990-ez, line 16: 60.”

Raw XML Appendix130 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0MICHAEL MANCINI
IRS990EZ/BooksInCareOfDetail/PhoneNum03126361249
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0544 PARK STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MONTCLAIR
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007043
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0262015
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0261130
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-885
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0825
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0262015
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0261130
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0262015
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0261130
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0262015
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0261130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL MANCINI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MATTHEW SULLIVAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SEVILLE SPEARMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt060
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF BRIGHTER FUTURES FOR PHILLIPS IS TO INSPIRE BRONZEVILLE AREA HIGH SCHOOL STUDENTS BY FUNDING THE DEVELOPMENT OF A STEM DEPARTMENT AT WENDELL PHILLIPS HIGH SCHOOL; AND CREATING NEW, FULFILLING CAREER PATHS FOR THEM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION HAS RAISED FUNDING FOR WENDELL PHILLIPS HIGH SCHOOL STEM DEPARTMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0885
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0885
IRS990EZ/TotalProgramServiceExpensesAmt0885
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0266737
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0266737
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0266737
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0266737
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0266737
IRS990ScheduleA/TotalSupportAmt0266737
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: FILLING FEES. AMOUNT: 10. DESCRIPTION: BANK FEES. AMOUNT: 50. TOTAL TO FORM 990-EZ, LINE 16: 60.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL MANCINI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03126361249
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BRIGHTER FUTURES FOR PHILLIPS
ReturnHeader/Filer/BusinessNameControlTxt0BRIG
ReturnHeader/Filer/EIN0854233513
ReturnHeader/Filer/PhoneNum03126361249
ReturnHeader/Filer/USAddress/AddressLine1Txt0544 PARK STREET
ReturnHeader/Filer/USAddress/CityNm0MONTCLAIR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007043
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0462353353
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JESSER RAVID JASON BASSO AND FARBER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0150 N WACKER DRIVE SUITE 3100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0606061659
ReturnHeader/PreparerPersonGrp/PhoneNum03127824710
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN V BASSO
ReturnHeader/ReturnTs02023-05-30T09:13:37-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MANCINI
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$261,130
Liabilities
$0
Net assets
$261,130
Revenue
$0
Expenses
$885
Net income
-$885
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$2.61$2.61
2022Detailed filing. Detailed filing data is available for this year.$2.61$0.00$2.61$0.00$0.01$0.01
2021Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$2.67$0.05$2.62