Bright Futures Foundations
- Assets
- $122.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Murphy, OR
- Founding
- 05/2003
- Data as of
- 12/2019
- EIN
- 01-0726380
Organization Overview
Bright Futures Foundations is located in Murphy, OR. The organization was established in 2003. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bright Futures Foundations 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 12/2019, Bright Futures Foundations generated $26.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (29.4%) each year. All expenses for the organization totaled $28.1k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (23.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL AID PAYMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Wood President | 1 | $0 | |
Jill Gleysteen Vice President | 0.5 | $0 | |
Charla Rolph Director | 0.5 | $0 | |
Amy Wilson Secretary | 0.5 | $0 | |
Ann Bauer Director | 0.5 | $0 | |
Karen Moss Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,664 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,305 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,969 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,371 |
| Total expenses | $28,066 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,131 |
| Other assets | $0 |
| Total assets | $122,131 |
| Total liabilities | $0 |
| Net assets or fund balances | $122,131 |