Civic Intelligence

Bright Nutrition

990 • Fiscal year 2020 • EIN 46-5408781

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 19, 2021

1501 E Alton Gloor Suite BBrownsville, TX 78526

(956) 589-6698

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

43rd percentile

2.2%

Higher net margin than 43% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

83rd percentile

$147,320

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

88th percentile

63%

Faster asset growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

85th percentile

45%

Faster revenue growth than 85% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$204,363

Up $78,773 (+63%) from 2019

Net Assets

Up

$204,363

Up $78,773 (+63%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$3,644,544

Up $1,130,288 (+45%) from 2019

Expenses

Up

$3,565,771

Up $1,066,293 (+43%) from 2019

Net Income

Up

$78,773

Up $63,995 (+433%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2016: $9,546Liabilities 2016: $7,010Net Assets 2016: $2,5362016Assets 2017: $28,085Liabilities 2017: $208Net Assets 2017: $27,8772017Assets 2018: $110,812Liabilities 2018: $0Net Assets 2018: $110,8122018Assets 2019: $125,590Liabilities 2019: $0Net Assets 2019: $125,5902019Assets 2020: $204,363Liabilities 2020: $0Net Assets 2020: $204,3632020Assets 2021: $120,578Liabilities 2021: $0Net Assets 2021: $120,5782021Assets 2022: $120,578Liabilities 2022: $0Net Assets 2022: $120,5782022Assets 2023: $120,578Liabilities 2023: $0Net Assets 2023: $120,5782023Assets 2024: $694,898Liabilities 2024: $784,485Net Assets 2024: -$89,5872024

Highlighted filing

2020

Assets$204,363
Liabilities$0
Net Assets$204,363

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2016: $164,847Expenses 2016: $158,375Net Income 2016: $6,4722016Revenue 2017: $1,207,563Expenses 2017: $1,184,720Net Income 2017: $22,8432017Revenue 2018: $2,652,670Expenses 2018: $2,567,623Net Income 2018: $85,0472018Revenue 2019: $2,514,256Expenses 2019: $2,499,478Net Income 2019: $14,7782019Revenue 2020: $3,644,544Expenses 2020: $3,565,771Net Income 2020: $78,7732020Revenue 2021: $4,704,532Expenses 2021: $4,861,659Net Income 2021: -$157,1272021Revenue 2022: $6,464,306Expenses 2022: $6,342,869Net Income 2022: $121,4372022Revenue 2023: $5,882,177Expenses 2023: $6,151,630Net Income 2023: -$269,4532023Revenue 2024: $8,323,755Expenses 2024: $8,348,355Net Income 2024: -$24,6002024

Highlighted filing

2020

Revenue$3,644,544
Expenses$3,565,771
Net Income$78,773
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 19, 2021
Return Version
2020v4.1
Gross Receipts
$3,644,544
Mission and Program Overview

Mission

Providing assitance to NSLP.

providing assitance to NSLP

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$125,590$204,363▲ $78,773
Land, Buildings, and Equipment, Net$125,590$120,578▼ $5,012
Total Assets$125,590$204,363▲ $78,773
Other Assets Total-$83,785-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$125,590$204,363▲ $78,773
Total Liabilities and Net Assets / Fund Balance$125,590$204,363▲ $78,773

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$120,578--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
NadiaMartinezFT$147,320$147,320
Nadia I MartinezDirector-$147,320$147,320

Board Members and Trustees

NameTitle
JoelLozano
ReyanldoMartinez
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,644,544
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$78,773
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,147,234
Salaries, Compensation, and Employee Benefits$225,585
Other Expenses$192,952
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$3,147,234--$3,147,234
Office Expenses$155,011--$155,011
Current Officers, Directors, Trustees, and Key Employees$147,320--$147,320
Other Salaries and Wages$62,789--$62,789
Occupancy$21,304--$21,304
Payroll Taxes$15,476--$15,476
Travel$8,872--$8,872
Fees for Services Accounting$4,545--$4,545
Fees for Services Management$1,819--$1,819
Fees for Services Other$1,401--$1,401
Total Functional Expenses$3,565,771$0$0$3,565,771
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Bright Nutrition
EIN
46-5408781
Phone
9565896698
Address
1501 E ALTON GLOOR SUITE B, BROWNSVILLE, TX 78526

Signing Officer

Name
Nadia Y Martinez
Title
President
Phone
9565896698
Signed
2021-10-19
Discuss with paid preparer
Yes

Organization Details

Formed
2014
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
6

Preparer

Firm
Rodriguez Bookkeeping and Tax Svc
Address
PO BOX 1235, LOS FRESNOS, TX 78566-0000
Preparer
Carmen Rodriguez
Phone
9562338855
Supplemental Narrative

Additional Explanations

Form 990 - Supplemental Information

Form 990 Part VI Line 12c - Enforcement of conflicts policy Constantly being monitored. Form 990 Part IV line 19 Governing documetns of Disclosure Explanation were not available to the public. Form 990 Part XI, Line 9 Other changes in Net Assets explantiions are due to the depreciation differences.

Raw XML Appendix326 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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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARMEN RODRIGUEZ
ReturnHeader/ReturnTs02021-11-23T15:50:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NADIA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MARTINEZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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