Civic Intelligence

Our Bright Future Inc.

990EZ • Fiscal year 2018 • EIN 81-4077496

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 13, 2019

254 litle alum rdBrimfield, MA 01010

(774) 578-5111

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 2018

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2018

Net Margin

81st percentile

26%

Higher net margin than 81% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

77th percentile

$720

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

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

Source year 2018

Revenue Growth

Score unavailable

No value available

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

Source year 2018

Assets

$8,665

No earlier filing loaded for comparison.

Net Assets

$8,665

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$10,792

No earlier filing loaded for comparison.

Expenses

$8,014

No earlier filing loaded for comparison.

Net Income

$2,778

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.

$80K$60K$40K$20K$0Assets 2018: $8,665Net Assets 2018: $8,6652018Assets 2019: $11,947Liabilities 2019: $0Net Assets 2019: $11,9472019Assets 2020: $37,017Liabilities 2020: $0Net Assets 2020: $37,0172020Assets 2021: $30,183Liabilities 2021: $1,288Net Assets 2021: $28,8952021Assets 2022: $56,044Liabilities 2022: $4,718Net Assets 2022: $51,3262022Assets 2023: $79,573Liabilities 2023: $11,261Net Assets 2023: $68,3122023Assets 2024: $49,960Liabilities 2024: $27,752Net Assets 2024: $22,2082024

Highlighted filing

2018

Assets$8,665
Liabilities-
Net Assets$8,665

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $10,792Expenses 2018: $8,014Net Income 2018: $2,7782018Revenue 2019: $29,834Expenses 2019: $26,552Net Income 2019: $3,2822019Revenue 2020: $49,307Expenses 2020: $24,237Net Income 2020: $25,0702020Revenue 2021: $95,920Expenses 2021: $104,042Net Income 2021: -$8,1222021Revenue 2022: $276,470Expenses 2022: $254,040Net Income 2022: $22,4302022Revenue 2023: $405,474Expenses 2023: $388,488Net Income 2023: $16,9862023Revenue 2024: $413,183Expenses 2024: $461,648Net Income 2024: -$48,4652024

Highlighted filing

2018

Revenue$10,792
Expenses$8,014
Net Income$2,778
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 13, 2019
Return Version
2018v3.1
Gross Receipts
$10,792
Mission and Program Overview

Mission

To provide programs for under privileage students

Program Services

DescriptionGrantsExpenses
SPORTS (GREAT SUCCESS IN BUILDING STUDENT CONFIDENCE)$4,100$4,100
ROBOTICS (75% OF OUR ROBOTICS STUDENTS GRADES WENT UP) SPORTS (GREAT SUCCESS IN BUILDING STUDENT CONFIDENCE)HOMEWORK HELP (GREAT WAY TO GIVE STUDENTS EXTRA TIME TO DO THEIR HOMEWORK)$2,200$2,200
HOMEWORK HELP (GREAT WAY TO GIVE STUDENTS EXTRA TIME TO DO THEIR HOMEWORK)$900$900
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER KARIUKISecretaryPT$720-$720
SCARLETT MAKARAVice PresidentPT$677-$677
KWASI ACHEAMPONGPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Our Bright Future Inc
EIN
81-4077496
Phone
7745785111
Address
254 litle alum rd, Brimfield, MA 01010

Signing Officer

Name
Kwasi Acheampong
Title
President
Phone
7745785111
Signed
2019-03-13
Discuss with paid preparer
Yes

Preparer

Firm
Doris L Towns CPA Pc
Address
39 Elm St Suite 212, Southbridge, MA 01550
Preparer
Doris L Towns
Phone
5083472939
Supplemental Narrative

Additional Explanations

Pt V, Line 44D

There was no unrelated business income

Form 990EZ, Part I, Line 16

Fundraising expenses 4003.

Form 990EZ, Part I, Line 16

WEBSITE 169.

Form 990EZ, Part I, Line 16

INSURANCE 900.

Form 990EZ, Part I, Line 16

supplies 1545.

Form 990EZ, Part I, Line 16

employees 1397.

Raw XML Appendix160 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0KWASI ACHEAMPONG
IRS990EZ/BooksInCareOfDetail/PhoneNum07745785111
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0254 LITTLE ALUM RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BRIMFIELD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001010
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05887
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IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
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IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/InvestmentIncomeAmt00
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IRS990EZ/MembershipDuesAmt00
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt08665
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt012.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt26.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt1677
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KWASI ACHEAMPONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SCARLETT MAKARA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PETER KARIUKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt08014
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE PROGRAMS FOR UNDER PRIVILEAGE STUDENTS
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ROBOTICS (75% OF OUR ROBOTICS STUDENTS GRADES WENT UP) SPORTS (GREAT SUCCESS IN BUILDING STUDENT CONFIDENCE)HOMEWORK HELP (GREAT WAY TO GIVE STUDENTS EXTRA TIME TO DO THEIR HOMEWORK)
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SPORTS (GREAT SUCCESS IN BUILDING STUDENT CONFIDENCE)
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2HOMEWORK HELP (GREAT WAY TO GIVE STUDENTS EXTRA TIME TO DO THEIR HOMEWORK)
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt02200
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt14100
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt2900
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02200
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt14100
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2900
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt03592
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt08014
IRS990EZ/TotalProgramServiceExpensesAmt07200
IRS990EZ/TotalRevenueAmt010792
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt010792
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt07484
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt018276
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt018276
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt010792
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt07484
IRS990ScheduleA/Total509Grp/TotalAmt018276
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt018276
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE WAS NO UNRELATED BUSINESS INCOME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 4003.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WEBSITE 169.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INSURANCE 900.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4supplies 1545.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5employees 1397.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 44d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Kwasi Acheampong
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07745785111
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Our Bright Future Inc
ReturnHeader/Filer/BusinessNameControlTxt0OURB
ReturnHeader/Filer/EIN0814077496
ReturnHeader/Filer/PhoneNum07745785111
ReturnHeader/Filer/USAddress/AddressLine1Txt0254 litle alum rd
ReturnHeader/Filer/USAddress/CityNm0Brimfield
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001010
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F2CC781D535F11D168DD9383E672CB5ED2414125
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.168.43.82
ReturnHeader/FilingSecurityInformation/IPDt02019-06-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm011:02:51
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DORIS L TOWNS CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt039 Elm St Suite 212
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Southbridge
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001550
ReturnHeader/PreparerPersonGrp/PhoneNum05083472939
ReturnHeader/PreparerPersonGrp/PreparationDt02019-06-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Doris L Towns
ReturnHeader/ReturnTs02019-06-05T11:02:58-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings