Bright Horizons Foster Family Agency
- Assets
- $878.9k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 15
- Location
- Colton, CA
- Founding
- 03/2007
- Data as of
- 12/2022
- EIN
- 20-3736580
Organization Overview
Bright Horizons Foster Family Agency is located in Colton, CA. The organization was established in 2007. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. As of 12/2022, Bright Horizons Foster Family Agency employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bright Horizons Foster Family Agency 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 12/2022, Bright Horizons Foster Family Agency generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. While expenses have increased by 0.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND MAINTAIN THE HEALTH AND WELFARE OF CHILDREN WHO HAVE BEEN REMOVED FROM THE CUSOTDY OF THEIR PARENTS BY A GOVERNMENT AGENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION LOCATES FOSTER HOMES FOR DISPLACED YOUTHS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ladeanya M Greenhouse President & CEO | Officer | 35 | $171,500 |
Michelle Merolla VP & Secretary | OfficerTrustee | 2 | $0 |
Beronica Mendoza Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,862,448 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,862,448 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,862,452 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $269,156 |
| Compensation of current officers, directors, key employees. | $26,916 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $356,886 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,038 |
| Payroll taxes | $48,156 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,908 |
| Fees for services: Accounting | $39,011 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,753 |
| Advertising and promotion | $11,704 |
| Office expenses | $45,931 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $64,911 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $678 |
| Conferences, conventions, and meetings | $138 |
| Interest | $95 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,858 |
| Insurance | $22,862 |
| All other expenses | $560 |
| Total functional expenses | $1,794,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $528,790 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $211,847 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $36,287 |
| Net Land, buildings, and equipment | $2,923 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $99,063 |
| Total assets | $878,910 |
| Accounts payable and accrued expenses | $48,850 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $99,063 |
| Total liabilities | $147,913 |
| Net assets without donor restrictions | $730,997 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $878,910 |