Nonprofit · EIN 88-3922961
BRIGHTER MINDS FOR BRIGHTER FUTURES FOUNDATION
Tax-exempt · SOMERSET, KY 42501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $9,498 | $8,345 | $1,153 | $7,790 | $0 | $7,790 |
| December 31, 2024 | 990 | $5,702 | $5,973 | -$271 | $6,637 | $0 | $6,637 |
| December 31, 2023 | 990 | $13,051 | $6,143 | $6,908 | $6,908 | $0 | $6,908 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $9,498
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $8,345
Balance sheet and other
- Total assets, start of year
- $6,637
- Total assets, end of year
- $7,790
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,790
- Net assets without donor restrictions
- $7,790
- Gross receipts
- $9,498
- Employees
- 0
- Year formed
- 2023
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Greg Speck | Chairman Trustee or director | 5 | $0 |
| Tommy Hensley | President Officer | 10 | $0 |
| Chrystal Adkins | Vice president Officer | 10 | $0 |
| Brooklyn Vaught | Secretary Officer | 5 | $0 |
| Dorothy Burchett | Treasurer Officer | 1 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Greg Speck | Director Trustee or director | 1 | $0 |
| Dorothy Burchett | Director Trustee or director | 5 | $0 |
| Paula Gibson | President Officer | 10 | $0 |
| Dana Speck | Vice president Officer | 10 | $0 |
| Ralph Gibson | Secretary Officer | 5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Greg Speck | Director Trustee or director | 1 | $0 |
| Dorothy Burchett | Director Trustee or director | 5 | $0 |
| Ralph Gibson | Secretary Officer | 5 | $0 |
| Paula Gibson | President Officer | 10 | $0 |
| Dana Speck | Vice president Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 303 SECOND ST, SOMERSET, KY 42501-2390
- In care of
- % TOMMY HENSLEY
- Signed the 990
- TOMMY HENSLEY, President
- Return prepared by
- Rachael Tucker CPA
Mission
Brighter Minds for Brighter Futures Foundation works with individuals with mental illness and mild intellectual or developmental disabilities to provide them a means and opportunity to interact in their communities and to connect with peers in a positive environment.
Program accomplishments
- Program participates were given opportunities to practice skills such as communication, problem-solving, budgeting, emotional regulation, planning, and organization. These program services helped participants build meaningful relationships and experience dignity, purpose, and a sense of achievement.Expenses $3,634
- Participants took part in several community outings to enjoy a meal with other participants and members of the community. These experiences helped reduce isolation and loneliness while promoting healthy social relationships, confidence, and a greater sense of belonging.Expenses $3,202
- Program participants provided assistance to individuals and families experiencing financial hardhip during the Christmas season by providing gifts and financial support.Expenses $1,509
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 88-3922961
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Human services (P82)
- Assets (IRS master file)
- $7,790
- Income (IRS master file)
- $9,498
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $9,498 | $8,345 | $7,790 | XML |
| 990 | December 2024 | $5,702 | $5,973 | $6,637 | XML |
| 990 | December 2023 | $13,051 | $6,143 | $6,908 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-3922961).
Questions about BRIGHTER MINDS FOR BRIGHTER FUTURES FOUNDATION
- What is the EIN of BRIGHTER MINDS FOR BRIGHTER FUTURES FOUNDATION?
- The employer identification number (EIN) of BRIGHTER MINDS FOR BRIGHTER FUTURES FOUNDATION is 88-3922961.
- Is BRIGHTER MINDS FOR BRIGHTER FUTURES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to BRIGHTER MINDS FOR BRIGHTER FUTURES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BRIGHTER MINDS FOR BRIGHTER FUTURES FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BRIGHTER MINDS FOR BRIGHTER FUTURES FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BRIGHTER MINDS FOR BRIGHTER FUTURES FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of BRIGHTER MINDS FOR BRIGHTER FUTURES FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does BRIGHTER MINDS FOR BRIGHTER FUTURES FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $9,498, expenses of $8,345 and total assets of $7,790 at year end.
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