Bright Future Foundation Inc.

990PF • Fiscal year 2016 • EIN 47-3344546

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

Organization Profile

821 E Whisper Cove RdSandy, UT 84094

(385) 439-7187

Siviq Scores

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

0.00x

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

2016 filings • <$500k nonprofits • Source year 2016

0.00x

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

2016 filings • <$500k nonprofits • Source year 2016

-193%

Higher net margin than 5% of similar nonprofits.

2016 filings • <$500k nonprofits • Source year 2016

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • <$500k nonprofits • Source year 2016

-3.2%

Faster asset growth than 39% of similar nonprofits.

2016 filings • <$500k nonprofits • Annualized from 2015 to 2016

-98%

Faster revenue growth than 2% of similar nonprofits.

2016 filings • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets58th percentile

Assets

Down

$430,640

Down $14,346 (-3.2%) from 2015

Net Assets

$430,640

No earlier filing loaded for comparison.

Liabilities

Flat

Flat from 2015

Revenue And Expenses

Liabilities / Revenue58th percentile Net Margin5th percentile

Revenue

Down

$7,420

Down $452,449 (-98%) from 2015

Expenses

$21,766

Up $6,883 (+46%) from 2015

Net Income

Down

-$14,346

Down $459,332 (-103%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

Highlighted filing

2016

Assets$430,640

Liabilities$0

Net Assets$430,640

Open 2016 Filing

Operations Trend

Revenue Growth2nd percentile

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

Highlighted filing

2016

Revenue$7,420

Expenses$21,766

Net Income-$14,346

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2016 to Dec 31, 2016
Signed: May 15, 2017
Return Version: 2016v3.0

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
CHRIS T LIU	President	-	$0	-	-
YIXI CAO	Treasurer	-	$0	-	-
COLLIN ARD	Secretary	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Bright Future Foundation Inc
EIN: 47-3344546
Address: 821 E WHISPER COVE RD, SANDY, UT 84094

Signing Officer

Name: Chris T Liu
Title: President
Signed: 2017-05-15
Discuss with paid preparer: Yes

Preparer

Firm: Simpson & Company
Address: 2165 SW MAIN ST, PORTLAND, OR 97205-1123
Preparer: Melissa S Andal
Phone: 5032223673

Raw XML Appendix312 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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AccountingFeesSchedule/AccountingFeesDetail/NetInvestmentIncomeAmt	0	375
InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/BondNm	0	VANGUARD INTERMEDIATE TERM BOND
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InvestmentsCorpBondsSchedule/InvestmentsCorporateBondsGrp/EOYFMVAmt	0	78917
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt	0	41021
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt	1	82045
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt	2	81912
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt	0	40754
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt	1	86378
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt	2	85296
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm	0	VANGUARD ALL WORLD US INDEX
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm	1	VANGUARD HIGH DIVIDEND
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm	2	VANGUARD MIDCAP
InvestmentsGovtObligationsSch/USGovtObligationsBookVlEOYAmt	0	82042
InvestmentsGovtObligationsSch/USGovtObligationsEOYFMVAmt	0	78911
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IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc	2	PROSHARES VIX FUTURES ULTRA
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IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt	0	N/A
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm	0	CHRIS T LIU
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum	0	3854397187
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt	0	821 E WHISPER COVE RD
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm	0	SANDY
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd	0	UT
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd	0	84094
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	0	10000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	1	6800
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	0	FOR SCHOLARSHIP PROGRAM
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	1	FOR SCHOLARSHIP PROGRAM
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt	0	UNIVERSITY OF UTAH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt	1	COMPASSION EDUCATION FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/AddressLine1Txt	0	YAZHOU RD BLDG 1 NANHU DI
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/CityNm	0	JIAXING CITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/CountryCd	0	CH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/ProvinceOrStateNm	0	CHINA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	0	509A1
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	1	509A1
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	0	201 PRESIDENTS CIR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	0	SALT LAKE CITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	0	UT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	0	84112
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd	0	X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt	0	16800
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd	0	false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt	0	15108
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt	0	3705
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt	0	19862
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt	0	18813
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt	0	4754
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt	0	3705
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	0	EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	1	WEB HOSTING
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	2	BANK AND GRANT WIRE FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	3	INVESTMENT - K-1 LINE 13K
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	0	1582
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	1	46
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	0	1582
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	1	46
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt	0	2088
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt	0	INVESTMENT MANAGEMENT
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt	1	WEB CONTENT WRITING
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt	0	2088
TaxesSchedule/TaxesDetail/Amt	0	24
TaxesSchedule/TaxesDetail/Amt	1	466
TaxesSchedule/TaxesDetail/Amt	2	10
TaxesSchedule/TaxesDetail/CategoryTxt	0	FOREIGN TAXES
TaxesSchedule/TaxesDetail/CategoryTxt	1	FEDERAL TAXES
TaxesSchedule/TaxesDetail/CategoryTxt	2	UTAH FEE
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt	0	10
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt	0	24
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt	1	466
ReturnHeader/BuildTS	0	2017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	CHRIS T LIU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2017-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	BRIGHT FUTURE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt	0	BRIG
ReturnHeader/Filer/EIN	0	473344546
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	821 E WHISPER COVE RD
ReturnHeader/Filer/USAddress/CityNm	0	SANDY
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	UT
ReturnHeader/Filer/USAddress/ZIPCd	0	84094
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	6B38E10A05932E70E53491A2D89A3FC05B3217A1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	1E7039AA065CBE29AA72EE78D8DA15D3E8AF5135
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	930741343
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	SIMPSON & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	2165 SW MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	PORTLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	972051123
ReturnHeader/PreparerPersonGrp/PhoneNum	0	5032223673
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2017-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	MELISSA S ANDAL
ReturnHeader/ReturnTs	0	2017-05-15T18:27:51-06:00
ReturnHeader/ReturnTypeCd	0	990PF
ReturnHeader/TaxPeriodBeginDt	0	2016-01-01
ReturnHeader/TaxPeriodEndDt	0	2016-12-31
ReturnHeader/TaxYr	0	2016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $430,640
Liabilities: $0
Net assets: $430,640
Revenue: $7,420
Expenses: $21,766
Net income: -$14,346

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$3.34	$0.00	$3.34	$0.20	$0.34	$0.14
2023Detailed filing. Detailed filing data is available for this year.	$3.48	$0.00	$3.48	$0.16	$0.23	$0.07
2022Detailed filing. Detailed filing data is available for this year.	$3.55	$0.00	$3.55	$0.00	$0.24	$0.24
2021Detailed filing. Detailed filing data is available for this year.	$3.79	$0.00	$3.79	$0.26	$0.26	$0.00
2020Detailed filing. Detailed filing data is available for this year.	$3.79	$0.00	$3.79	$0.14	$0.24	$0.10
2019Detailed filing. Detailed filing data is available for this year.	$3.90	$0.00	$3.90	$0.21	$0.24	$0.04
2018Detailed filing. Detailed filing data is available for this year.	$3.94	$0.00	$3.94	$0.07	$0.29	$0.22
2017Detailed filing. Detailed filing data is available for this year.	$4.15	$0.00	$4.15	$0.09	$0.25	$0.15
2016Detailed filing. Detailed filing data is available for this year.	$4.31	$0.00	$4.31	$0.07	$0.22	$0.14
2015Summary only. Only limited summary data is available for this year.	$4.45	$0.00		$4.60	$0.15	$4.45