Brighter Vision Foundation
- Assets
- $71.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockwall, TX
- Founding
- 02/2007
- Data as of
- 12/2021
- EIN
- 75-3225106
Organization Overview
Brighter Vision Foundation is located in Rockwall, TX. The organization was established in 2007. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Brighter Vision Foundation 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 12/2021, Brighter Vision Foundation generated $28.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 54.7% each year . All expenses for the organization totaled $80.2k during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
LITERARY & EDUCATIONAL RELIEF TO INDIA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Axay Patel Director | 0 | $0 | |
Dahyabhai N Patel President | 0 | $0 | |
Naresh H Patel Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,093 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,093 |
| 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 | $225 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $80,225 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,919 |
| Other assets | $0 |
| Total assets | $71,919 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,919 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Brighter Vision Foundation has recieved totaling $80,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $40,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hispanic Association Of Colleges And Universities San Antonio, TX | $14,909,180 | $14,551,149 |
Passages America Israel Inc Allen, TX | $8,997,691 | $7,060,714 |
Extend-A-Care Inc Austin, TX | $4,350,683 | $9,102,758 |
Educate Girls Austin, TX | $42,960,470 | $14,126,525 |
Evolution Acadamy Richardson, TX | $15,542,643 | $6,925,248 |
Oklahoma Public School Resource Center Inc Oklahoma City, OK | $4,660,216 | $8,536,647 |
Prime Time Family Reading New Orleans, LA | $2,481,247 | $6,549,424 |
Education Explosion Inc Baker, LA | $3,387,408 | $6,209,452 |
Voices For International Business & Education New Orleans, LA | $1,902,428 | $5,951,946 |
Etoile Academy Inc Houston, TX | $2,573,808 | $5,883,620 |
New Harmony High Institute New Orleans, LA | $1,996,548 | $5,610,284 |
Military Child Education Coalition Harker Heights, TX | $6,140,350 | $5,465,569 |