Civic Intelligence

Brighter Bites

990 • Fiscal year 2017 • EIN 47-4070026

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 04, 2018

P O Box 25456Houston, TX 77265

(210) 859-0525

Siviq Scores

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

Liabilities / Assets

49th percentile

0.15x

Higher debt load relative to assets than 49% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

18th percentile

0.03x

Higher debt load relative to revenue than 18% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

61st percentile

6.8%

Higher net margin than 61% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

95th percentile

69%

Faster asset growth than 95% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

12th percentile

-19%

Faster revenue growth than 12% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,144,214

Up $466,889 (+69%) from 2016

Net Assets

Up

$969,952

Up $350,477 (+57%) from 2016

Liabilities

Up

$174,262

Up $116,412 (+201%) from 2016

Revenue

Down

$5,180,460

Down $1,201,341 (-19%) from 2016

Expenses

Down

$4,829,983

Down $1,187,180 (-20%) from 2016

Net Income

Down

$350,477

Down $14,161 (-3.9%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $222,412Liabilities 2015: $2,575Net Assets 2015: $219,8372015Assets 2016: $677,325Liabilities 2016: $57,850Net Assets 2016: $619,4752016Assets 2017: $1,144,214Liabilities 2017: $174,262Net Assets 2017: $969,9522017Assets 2018: $1,632,315Liabilities 2018: $370,602Net Assets 2018: $1,261,7132018Assets 2019: $1,594,446Liabilities 2019: $703,609Net Assets 2019: $890,8372019Assets 2020: $2,375,129Liabilities 2020: $822,616Net Assets 2020: $1,552,5132020Assets 2021: $3,299,189Liabilities 2021: $803,011Net Assets 2021: $2,496,1782021Assets 2022: $3,547,390Liabilities 2022: $912,054Net Assets 2022: $2,635,3362022Assets 2023: $3,156,343Liabilities 2023: $977,225Net Assets 2023: $2,179,1182023Assets 2024: $2,860,719Liabilities 2024: $870,178Net Assets 2024: $1,990,5412024

Highlighted filing

2017

Assets$1,144,214
Liabilities$174,262
Net Assets$969,952

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2015: $226,943Expenses 2015: $7,106Net Income 2015: $219,8372015Revenue 2016: $6,381,801Expenses 2016: $6,017,163Net Income 2016: $364,6382016Revenue 2017: $5,180,460Expenses 2017: $4,829,983Net Income 2017: $350,4772017Revenue 2018: $7,295,223Expenses 2018: $7,003,462Net Income 2018: $291,7612018Revenue 2019: $8,224,004Expenses 2019: $8,594,880Net Income 2019: -$370,8762019Revenue 2020: $15,100,127Expenses 2020: $14,438,451Net Income 2020: $661,6762020Revenue 2021: $11,458,795Expenses 2021: $10,515,130Net Income 2021: $943,6652021Revenue 2022: $15,653,626Expenses 2022: $15,514,468Net Income 2022: $139,1582022Revenue 2023: $14,676,393Expenses 2023: $15,132,611Net Income 2023: -$456,2182023Revenue 2024: $15,759,947Expenses 2024: $15,948,524Net Income 2024: -$188,5772024

Highlighted filing

2017

Revenue$5,180,460
Expenses$4,829,983
Net Income$350,477
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 4, 2018
Return Version
2017v2.2
Gross Receipts
$5,180,460
Mission and Program Overview

Mission

Brighter Bites is a produce co-op, with an education component, that focuses on underserved communities. The organization builds relationships by engaging schools, communities and other partners to participate in the Brighter Bites program of produce distribution and nutrition education for a fun, healthy food experience.

To create communities of health through fresh food. Our goal is to help curb the childhood obesity epidemic by increasing the demand for fresh fruits and vegetables, leading to improved family eating habits and ultimately improved health outcomes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$556,604$750,889▲ $194,285
Cash and Non-Interest-Bearing Accounts$59,125$280,673▲ $221,548
Land, Buildings, and Equipment, Net$52,779$59,380▲ $6,601
Accounts Receivable$8,567$53,029▲ $44,462
Prepaid Expenses and Deferred Charges$250$243▼ $7
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$677,325$1,144,214▲ $466,889
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$57,850$174,262▲ $116,412
Total Liabilities$57,850$174,262▲ $116,412
Net Assets / Fund Balance
Unrestricted Net Assets$322,267$496,894▲ $174,627
Temporarily Rstr Net Assets$297,208$473,058▲ $175,850
Total Net Assets Fund Balance$619,475$969,952▲ $350,477
Total Liabilities and Net Assets / Fund Balance$677,325$1,144,214▲ $466,889

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$59,380$35,096$94,476
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Samuel NewmanExecutive DirectorFT$135,424$10,340$145,764

Board Members and Trustees

NameTitle
Lisa HelfmanFounder/Chair
Benjamin SamuelsDirector
Manolo SanchezDirector
Osama MikhailDirector
Rich DachmanDirector
Scott McClellandDirector
Steven GraubartDirector
Sue SmithDirector
Susan Feigin HarrisDirector
Tadd TellepsenDirector
Shreela Sharma PhDFounder/Director
Revenue and Support

Revenue Composition

Contributions and Grants
$5,021,772
Program Service Revenue
$158,688
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,901,372
Change in Net Assets
$350,477

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory5$2,119,374Ave. wholesale
Total Noncash Contributions5$2,119,374-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,180,460
Total Revenue per Audited Statements
$5,180,460
Total Revenue per Form 990
$5,180,460
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,119,374
Salaries, Compensation, and Employee Benefits$1,695,673
Other Expenses$1,014,936
Total Fundraising Expense$97,360
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$2,119,374--$2,119,374
Other Salaries and Wages$1,114,464$120,463$61,213$1,296,140
Fees for Services Other$339,365$82,046$720$422,131
Current Officers, Directors, Trustees, and Key Employees$139,029$2,602$4,132$145,763
Payroll Taxes$120,333$11,890$6,294$138,517
Travel$93,298$20,839$9,468$123,605
Other Employee Benefits$99,243$10,596$5,414$115,253
Office Expenses$105,117$4,020$2,832$111,969
Fees for Services Accounting-$45,870-$45,870
Depreciation Depletion$21,229$505$2,801$24,535
Information Technology$16,159$4,687$616$21,462
Occupancy$16,403$90$500$16,993
Conferences and Meetings$3,640$5,754$3,103$12,497
Insurance$21$4,840-$4,861
All Other Expenses$2,527$2,047$60$4,634
Other Expenses$1,448$1,650$207$3,098
Interest-$754-$754
Total Functional Expenses$4,410,877$321,746$97,360$4,829,983

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,829,983
Total Expenses per Audited Statements$4,829,983
Total Expenses per Form 990$4,829,983
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The Board Chair reviews the Form 990 prior to providing a copy to all board members and filing with the IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The conflict of interest policy is distributed annually to the Board and signatures affirming understanding of the policy are obtained. Responses are collected and any conflicts are discussed with the ED and President of the Board, and then reported to the entire Board.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Executive Director's salary is based on a wage and benefits survey conducted by United Way of Greater Houston. The survey of local nonprofits uses agency size, budget and responsibilities as in its salary assessment. The Board approves the Executive Director's salary. The Executive Director approves all other salaries. All employees undergo a review by supervisors before being eligible for salary changes.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes available governing documents, conflict of interest policy and financial statements to the public by request, others' websites, by mail, or e-mail.

Filing and Contact Details

Filer

Filer Name
Brighter Bites Inc
EIN
47-4070026
Phone
2108590525
Address
P O Box 25456, Houston, TX 77265

Signing Officer

Name
Samuel Newman
Title
Executive Director
Signed
2018-09-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samuel Newman
Formed
2015
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
61
Volunteers
2,300

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027-5132
Preparer
Jody Blazek
Phone
7134395739
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