Civic Intelligence

Bright Hope Inc.

990EZ • Fiscal year 2021 • EIN 42-1629426

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 13, 2022

PO Box 81Lynchburg, VA 24505

(434) 401-2636

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

30th percentile

-3.9%

Higher net margin than 30% of similar nonprofits.

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

Top Officer Pay

82nd percentile

$12,000

Higher top officer pay than 82% of similar nonprofits.

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

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$1,547

No earlier filing loaded for comparison.

Net Assets

$1,547

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$51,549

No earlier filing loaded for comparison.

Expenses

$53,551

No earlier filing loaded for comparison.

Net Income

-$2,002

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2021

Assets$1,547
Liabilities-
Net Assets$1,547

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$51,549
Expenses$53,551
Net Income-$2,002
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 13, 2022
Return Version
2021v4.2
Gross Receipts
$51,549
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.$22,953$51,549
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patric a J Braxton Executive DirectExecutive DirectorFT$12,000-$12,000
Valerie Silas Board MemberBoard Member-$0--
Thurman E Jones SrBoard 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
2022-10-13
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

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

Meals and entertainment 762

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

Supplies 532

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

Educational Materials 404

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

Office Supplies and Equipment 1,927

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

Insurance 191

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

Security 45

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

License and Taxes 25

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

Vehicle 65

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

Angel Tree 753

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

Amount moved from Savings 1,000

Raw XML Appendix145 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.

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CompensationExplanation/CompensationExplanationGrp/PersonNm0Patric a J Braxton Executive Direct
CompensationExplanation/CompensationExplanationGrp/PersonNm1Valerie Silas Board Member
CompensationExplanation/CompensationExplanationGrp/PersonNm2Thurman E Jones Sr
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0N/A
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt1N/A
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt2N/A
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Change 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/BOYAmt02549
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IRS990EZ/GrossReceiptsAmt051549
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01547
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Patric a J Braxton Executive Direct
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Valerie Silas Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Thurman E Jones Sr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
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IRS990EZ/Organization501c3Ind0X
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IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt01000
IRS990EZ/OtherExpensesTotalAmt04704
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0Educational Learning Facility for children and families
IRS990EZ/ProgramServiceRevenueAmt027096
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/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt022953
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt051549
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt026701
IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt053551
IRS990EZ/TotalProgramServiceExpensesAmt051549
IRS990EZ/TotalRevenueAmt051549
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.brighthope247.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt024453
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt024453
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt027096
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt027096
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt051549
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt051549
IRS990ScheduleA/Total509Grp/TotalAmt051549
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt051549
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt051549
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/ExplanationTxt0Meals and entertainment 762
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Supplies 532
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Educational Materials 404
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Office Supplies and Equipment 1,927
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance 191
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Security 45
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6License and Taxes 25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Vehicle 65
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Angel Tree 753
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Amount moved from Savings 1,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
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 20, Net Assets
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Patricia J Braxton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum04344012636
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-13
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/ReturnTs02022-10-13T11:59:27-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Patricia
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Braxton
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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