Civic Intelligence

Bright Hope Inc

EIN 42-1629426 • 501(c)3 • Lynchburg, VA

Profile

Educational Learning Facility for children and families

PO Box 81Lynchburg, VA 24505

www.brighthope247.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

49th percentile

1.1%

Higher net margin than 49% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

89th percentile

$12,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 23.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

18th percentile

-49%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

21st percentile

-39%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$12,669

Down $12,064 (-49%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$12,669

Down $12,064 (-49%) from 2022

Operations
Liabilities / Revenue61st percentileNet Margin49th percentile

Revenue

Down

$53,192

Down $33,889 (-39%) from 2022

Expenses

Down

$52,633

Down $35,536 (-40%) from 2022

Net Income

Up

$559

Up $1,647 (+151%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2021: $1,547Net Assets 2021: $1,5472021Assets 2022: $24,733Net Assets 2022: $24,7332022Assets 2023: $12,669Net Assets 2023: $12,6692023

Highlighted filing

2023

Assets$12,669
Liabilities-
Net Assets$12,669
Open 2023 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2021: $51,549Expenses 2021: $53,551Net Income 2021: -$2,0022021Revenue 2022: $87,081Expenses 2022: $88,169Net Income 2022: -$1,0882022Revenue 2023: $53,192Expenses 2023: $52,633Net Income 2023: $5592023

Highlighted filing

2023

Revenue$53,192
Expenses$52,633
Net Income$559
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,669
Liabilities
-
Net assets
$12,669
Revenue
$53,192
Expenses
$52,633
Net income
$559
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$12.7$12.7$53.2$52.6$0.56
2022Detailed filing. Detailed filing data is available for this year.$24.7$24.7$87.1$88.2$1.09
2021Detailed filing. Detailed filing data is available for this year.$1.55$1.55$51.5$53.6$2.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 15, 2024
Return Version
2023v5.0
Gross Receipts
$53,192
Mission and Program Overview

Mission

Educational Learning Facility for children and families

Program Services

DescriptionGrantsExpenses
Educational day care and before and after school tutoring and mentoring program for ages 3 - 12. Provided educational summer camps, food, clothing and resources to families in need. Provided volunteers to local schools.--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patric a J Braxton Executive DirectExecutive DirectorFT$14,000-$14,000
Valerie Silas Board MemberBoard Member-$0--
Thurman E Jones SrBoard Member-$0--
Kimberly VinsonBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Bright Hope Inc
EIN
42-1629426
Phone
4344012636
Address
PO Box 81, Lynchburg, VA 24505

Signing Officer

Name
Patricia J Braxton
Title
Executive Director
Phone
4344012636
Signed
2024-04-15
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8, Other Revenue

“Funds moved from Savings Account 24,724”

Form 990-EZ, Part I, Line 16, Other Expenses

“Meals and entertainment 392”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 1,878”

Form 990-EZ, Part I, Line 16, Other Expenses

“Transfers/Savings 12,100”

Form 990-EZ, Part I, Line 16, Other Expenses

“Office Supplies and Equipment 1,780”

Form 990-EZ, Part I, Line 16, Other Expenses

“Insurance 720”

Form 990-EZ, Part I, Line 16, Other Expenses

“License and Taxes 25”

Form 990-EZ, Part I, Line 16, Other Expenses

“Vehicle 1,598”

Form 990-EZ, Part I, Line 16, Other Expenses

“Refunds 406”

Form 990-EZ, Part I, Line 16, Other Expenses

“Advertising 50”

Form 990-EZ, Part I, Line 20, Net Assets

“-12571 -12,623”

Raw XML Appendix168 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0Patric a J Braxton Executive Direct
CompensationExplanation/CompensationExplanationGrp/PersonNm1Valerie Silas Board Member
CompensationExplanation/CompensationExplanationGrp/PersonNm2Thurman E Jones Sr
CompensationExplanation/CompensationExplanationGrp/PersonNm3Kimberly Vinson
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0Salary
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt1N/A
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt2N/A
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt3N/A
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Change Me Ministries and Fellowship
IRS990EZ/BooksInCareOfDetail/PhoneNum04345284502
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02310 Fort Avenue
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Lynchburg
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd024501
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt024733
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt012669
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IRS990EZ/ContributionsGiftsGrantsEtcAmt01160
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0559
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IRS990EZ/OccupancyRentUtltsAndMaintAmt012472
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt014000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Patric a J Braxton Executive Direct
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Valerie Silas Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Thurman E Jones Sr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Kimberly Vinson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-12623
IRS990EZ/OtherExpensesTotalAmt018949
IRS990EZ/OtherRevenueTotalAmt024724
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Educational Learning Facility for children and families
IRS990EZ/ProgramServiceRevenueAmt027253
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Educational day care and before and after school tutoring and mentoring program for ages 3 - 12. Provided educational summer camps, food, clothing and resources to families in need. Provided volunteers to local schools.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt021212
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt052633
IRS990EZ/TotalRevenueAmt053192
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.brighthope247.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01160
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt024453
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt075613
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt027253
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt012403
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt027096
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt066752
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0142365
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt028413
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt062403
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt051549
IRS990ScheduleA/Total509Grp/TotalAmt0142365
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt028413
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt062403
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt051549
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0142365
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Funds moved from Savings Account 24,724
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Meals and entertainment 392
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Supplies 1,878
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Transfers/Savings 12,100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Office Supplies and Equipment 1,780
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance 720
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6License and Taxes 25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Vehicle 1,598
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Refunds 406
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Advertising 50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10-12571 -12,623
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 20, Net Assets
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Patricia J Braxton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum04344012636
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bright Hope Inc
ReturnHeader/Filer/BusinessNameControlTxt0BRIG
ReturnHeader/Filer/EIN0421629426
ReturnHeader/Filer/PhoneNum04344012636
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 81
ReturnHeader/Filer/USAddress/CityNm0Lynchburg
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024505
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02024-05-20T04:33:32-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Patricia
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Braxton
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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