Civic Intelligence

Bright Funds Foundation

990 • Fiscal year 2020 • EIN 46-2109112

Jan 01, 2020 to Dec 31, 2020

San Jose, CA
Siviq Scores

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

Liabilities / Assets

26th percentile

0.08x

Higher debt load relative to assets than 26% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

8th percentile

0.03x

Higher debt load relative to revenue than 8% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

66th percentile

10%

Higher net margin than 66% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

93rd percentile

54%

Faster asset growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

72%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Assets

Up

$25,270,957

Up $8,887,904 (+54%) from 2019

Net Assets

Up

$23,306,852

Up $7,471,131 (+47%) from 2019

Liabilities

Up

$1,964,105

Up $1,416,773 (+259%) from 2019

Revenue

Up

$70,147,390

Up $29,337,853 (+72%) from 2019

Expenses

Up

$62,862,652

Up $25,889,910 (+70%) from 2019

Net Income

Up

$7,284,738

Up $3,447,943 (+90%) from 2019

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2013: $1,882Liabilities 2013: $0Net Assets 2013: $1,8822013Assets 2014: $46,309Liabilities 2014: $48,113Net Assets 2014: -$1,8042014Assets 2015: $1,744,736Liabilities 2015: $757,851Net Assets 2015: $986,8852015Assets 2016: $6,781,413Liabilities 2016: $209,637Net Assets 2016: $6,571,7762016Assets 2017: $9,982,523Liabilities 2017: $760,978Net Assets 2017: $9,221,5452017Assets 2018: $12,197,417Liabilities 2018: $198,491Net Assets 2018: $11,998,9262018Assets 2019: $16,383,053Liabilities 2019: $547,332Net Assets 2019: $15,835,7212019Assets 2020: $25,270,957Liabilities 2020: $1,964,105Net Assets 2020: $23,306,8522020Assets 2021: $23,418,833Liabilities 2021: $673,308Net Assets 2021: $22,745,5252021Assets 2022: $27,273,042Liabilities 2022: $3,081,595Net Assets 2022: $24,191,4472022Assets 2023: $21,258,588Liabilities 2023: $6,627,934Net Assets 2023: $14,630,6542023Assets 2024: $10,834,060Liabilities 2024: $5,024,690Net Assets 2024: $5,809,3702024

Highlighted filing

2020

Assets$25,270,957
Liabilities$1,964,105
Net Assets$23,306,852

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MRevenue 2013: $87,114Expenses 2013: $85,232Net Income 2013: $1,8822013Revenue 2014: $215,195Expenses 2014: $218,881Net Income 2014: -$3,6862014Revenue 2015: $3,632,464Expenses 2015: $2,686,391Net Income 2015: $946,0732015Revenue 2016: $11,805,878Expenses 2016: $6,836,825Net Income 2016: $4,969,0532016Revenue 2017: $23,718,190Expenses 2017: $21,068,421Net Income 2017: $2,649,7692017Revenue 2018: $30,893,921Expenses 2018: $28,116,540Net Income 2018: $2,777,3812018Revenue 2019: $40,809,537Expenses 2019: $36,972,742Net Income 2019: $3,836,7952019Revenue 2020: $70,147,390Expenses 2020: $62,862,652Net Income 2020: $7,284,7382020Revenue 2021: $59,277,249Expenses 2021: $61,178,901Net Income 2021: -$1,901,6522021Revenue 2022: $69,853,050Expenses 2022: $68,290,248Net Income 2022: $1,562,8022022Revenue 2023: $85,703,644Expenses 2023: $83,907,973Net Income 2023: $1,795,6712023Revenue 2024: $25,639,675Expenses 2024: $22,261,639Net Income 2024: $3,378,0362024

Highlighted filing

2020

Revenue$70,147,390
Expenses$62,862,652
Net Income$7,284,738
Filing Detail Status

This 2020 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Mission and Program Overview

Mission

Bright funds foundation exists to empower people to be meaningful,effective, and engaged philanthropists.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$5.02$5.81$25.6$22.3$3.38
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.3$6.63$14.6$85.7$83.9$1.80
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.3$3.08$24.2$69.9$68.3$1.56
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.4$0.67$22.7$59.3$61.2$1.90
2020Summary only. Only limited summary data is available for this year.$25.3$1.96$23.3$70.1$62.9$7.28
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.4$0.55$15.8$40.8$37.0$3.84
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.2$0.20$12.0$30.9$28.1$2.78
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.98$0.76$9.22$23.7$21.1$2.65
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.78$0.21$6.57$11.8$6.84$4.97
2015Detailed filing. Detailed filing data is available for this year.$1.74$0.76$0.99$3.63$2.69$0.95
2014Detailed filing. Detailed filing data is available for this year.$0.05$0.05$0.00$0.22$0.22$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.09$0.09$0.00