Civic Intelligence

Our Bright Future Inc.

990EZ • Fiscal year 2020 • EIN 81-4077496

Jan 01, 2020 to Dec 31, 2020 • Filed on May 04, 2021

Organization ProfileWWW.OURBRIGHTFUTUREINC.ORG
254 Little 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

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

89th percentile

51%

Higher net margin than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

79th percentile

$6,000

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 12.2% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

93rd percentile

210%

Faster asset growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

90th percentile

65%

Faster revenue growth than 90% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$37,017

Up $25,070 (+210%) from 2019

Net Assets

Up

$37,017

Up $25,070 (+210%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin89th percentile

Revenue

Up

$49,307

Up $19,473 (+65%) from 2019

Expenses

Down

$24,237

Down $2,315 (-8.7%) from 2019

Net Income

Up

$25,070

Up $21,788 (+664%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

2020

Assets$37,017
Liabilities$0
Net Assets$37,017
Open 2020 Filing

Operations Trend

Revenue Growth90th percentile

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

2020

Revenue$49,307
Expenses$24,237
Net Income$25,070
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 4, 2021
Return Version
2020v4.1
Gross Receipts
$49,307
Mission and Program Overview

Mission

To provide programs for under privileage students

YOUTH DEVELOPMENT

Program Services

DescriptionGrantsExpenses
OUR MISSION IS TO EMPOWER YOUTH AND DEVELOP BRIGHT LEADERS THROUGH ROBOTICS, SPORTS TRAINING AND GUIDANCE IN ACADEMICS.--
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kwasi AcheampongPresidentexecutive DirectorPT$6,000-$6,000
PETER KARIUKITreasurerPT$1,688-$1,688
Benjamin LawsonProgram DirectorPT$312-$312
SCARLETT R MAKARAClerk-$0--
LINDA NEFFDirector-$0--
DORIS TOWNSDirector-$0--
KIEL BECKERDirector-$0--
CHERYL HACKENSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Our Bright Future Inc
EIN
81-4077496
Address
254 LITTLE ALUM RD, BRIMFIELD, MA 01010

Signing Officer

Name
Kwasi Acheampong
Title
President
Phone
7745785111
Signed
2021-05-04
Discuss with paid preparer
No

Preparer

Firm
Doris L Towns CPA PC
Address
39 Elm St Suite 212, Southbridge, MA 01550
Preparer
Doris L Towns
Phone
7744028433
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountROBOTICS EQUIPMENT & Laptops 4,079Payroll Taxes 810SCHOOL, OFFFICE, ARTS SUPPLIES 2,145Payroll Svc exp & other fees 3,171FUNDRAISING EXPENSES 1,129General Insuance 1,374WEBSITE 256IRS LATE FEE 604Community Grants 500Community Outreach 932”

Raw XML Appendix165 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/BOYAmt011947
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt037017
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt049307
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt025070
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt011947
IRS990EZ/Form990TotalAssetsGrp/EOYAmt037017
IRS990EZ/GrossReceiptsAmt049307
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt011947
IRS990EZ/NetAssetsOrFundBalancesEOYAmt037017
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt011947
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt037017
IRS990EZ/OccupancyRentUtltsAndMaintAmt0500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt75.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt06000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt11688
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt7312
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kwasi Acheampong
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PETER KARIUKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SCARLETT R MAKARA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LINDA NEFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DORIS TOWNS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KIEL BECKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6CHERYL HACKENSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Benjamin Lawson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENTEXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Program Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt015000
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0YOUTH DEVELOPMENT
IRS990EZ/PrintingPublicationsPostageAmt0737
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OUR MISSION IS TO EMPOWER YOUTH AND DEVELOP BRIGHT LEADERS THROUGH ROBOTICS, SPORTS TRAINING AND GUIDANCE IN ACADEMICS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt08000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt024237
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt049307
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherDesc0NON-PROFIT
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0WWW.OURBRIGHTFUTUREINC.ORG
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt049307
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt029834
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010792
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07484
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt097417
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt097417
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt049307
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt029834
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt010792
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07484
IRS990ScheduleA/Total509Grp/TotalAmt097417
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt049307
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt029834
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt010792
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt07484
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt097417
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountROBOTICS EQUIPMENT & Laptops 4,079Payroll Taxes 810SCHOOL, OFFFICE, ARTS SUPPLIES 2,145Payroll Svc exp & other fees 3,171FUNDRAISING EXPENSES 1,129General Insuance 1,374WEBSITE 256IRS LATE FEE 604Community Grants 500Community Outreach 932
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0KWASI ACHEAMPONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07745785111
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OUR BRIGHT FUTURE INC
ReturnHeader/Filer/BusinessNameControlTxt0OURB
ReturnHeader/Filer/EIN0814077496
ReturnHeader/Filer/USAddress/AddressLine1Txt0254 LITTLE ALUM RD
ReturnHeader/Filer/USAddress/CityNm0BRIMFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001010
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0812838065
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/PhoneNum07744028433
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Doris L Towns
ReturnHeader/ReturnTs02021-05-04T15:03:47-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KWASI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ACHEAMPONG
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,017
Liabilities
$0
Net assets
$37,017
Revenue
$49,307
Expenses
$24,237
Net income
$25,070
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.50$0.28$0.22$4.13$4.62$0.48
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.11$0.68$4.05$3.88$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.56$0.05$0.51$2.76$2.54$0.22
2021Detailed filing. Detailed filing data is available for this year.$0.30$0.01$0.29$0.96$1.04$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.49$0.24$0.25
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.30$0.27$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.09$0.11$0.08$0.03