Bright Horizon Global Foundation
- Assets
- $163.5k
- Revenue
- $18.4k
- Investments
- $157.2k
- Employees
- 0
- Location
- Cupertino, CA
- Founding
- 07/2017
- Data as of
- 11/2022
- EIN
- 81-0825263
Organization Overview
Bright Horizon Global Foundation is located in Cupertino, CA. The organization was established in 2017. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bright Horizon Global 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 11/2022, Bright Horizon Global Foundation generated $18.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $29.8k during the year ending 11/2022. While expenses have increased by 22.2% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE GENERAL EXPLANATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Musan Hu President & CEO | 2 | $0 | |
Dorice J Liao Hu CFO | 4 | $0 | |
Nathan Yaochung Hu Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,980 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,465 |
| Capital Gain Net Income | $6,465 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,445 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $247 |
| Depreciation | $475 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,532 |
| Total operating and administrative expenses | $29,831 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $29,831 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,096 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,165 |
| Other assets | $0 |
| Total assets | $163,457 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $8,237 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,237 |
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Na Aina Kai Botanical Gardens Kilauea, HI | $76,195,065 | $4,390,722 |
Easton Sports Development Foundation Van Nuys, CA | $11,576,483 | $3,446,410 |
Lone Rock Foundation Santa Cruz, CA | $94,429,828 | $8,565,645 |
Maurice And Paul Marciano Art Foundation Beverly Hills, CA | $51,457,379 | $441,554 |