Civic Intelligence

Our Bright Future Inc.

990EZ • Fiscal year 2021 • EIN 81-4077496

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 10, 2022

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

72nd percentile

0.04x

Higher debt load relative to assets than 72% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

26th percentile

-8.5%

Higher net margin than 26% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

90th percentile

$41,100

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 42.8% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

19th percentile

-18%

Faster asset growth than 19% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

85th percentile

95%

Faster revenue growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$30,183

Down $6,834 (-18%) from 2020

Net Assets

Down

$28,895

Down $8,122 (-22%) from 2020

Liabilities

Up

$1,288

Up $1,288 from 2020

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin26th percentile

Revenue

Up

$95,920

Up $46,613 (+95%) from 2020

Expenses

Up

$104,042

Up $79,805 (+329%) from 2020

Net Income

Down

-$8,122

Down $33,192 (-132%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth19th 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

2021

Assets$30,183
Liabilities$1,288
Net Assets$28,895
Open 2021 Filing

Operations Trend

Revenue Growth85th 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

2021

Revenue$95,920
Expenses$104,042
Net Income-$8,122
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 10, 2022
Return Version
2021v4.1
Gross Receipts
$95,920
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 Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KWASI ACHEAMPONGPresidentexecutive DirectorPT$41,100-$41,100
PETER KARIUKITreasurerPT$100-$100
SCARLETT R MAKARAClerk-$0--
LINDA NEFFDirector-$0--
DORIS TOWNSDirector-$0--
KIEL BECKERDirector-$0--
CHERYL HACKENSONDirector-$0--
NEJAMIN LAWSONProgram DirectorPT$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
2022-02-10
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 AmountDepreciation from 4562 1,666Payroll Taxes 5,785Registration Fees & Charges 807Insurance Costs 1,365Office Expenses 450Computer & Internet Charges 567Program Training 7,000Program Supplies 4,477Meals 973”

Description of other assets Part II line 24

“Category Beginning of Year End of YearComputer & Printer Equipment 0 9,020Robotics Equipment & Supplies 0 5,988”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearPayroll Liabilities 0 1,288”

Raw XML Appendix182 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/PhoneNum07745785111
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Brimfield
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001010
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt037017
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IRS990EZ/ContributionsGiftsGrantsEtcAmt095920
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8122
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IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt030183
IRS990EZ/GrossReceiptsAmt095920
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LandAndBuildingsGrp/BOYAmt00
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt028895
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt037017
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt028895
IRS990EZ/OccupancyRentUtltsAndMaintAmt08200
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt75.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
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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/PersonNm7NEJAMIN 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/EOYAmt015008
IRS990EZ/OtherExpensesTotalAmt023090
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PrimaryExemptPurposeTxt0YOUTH DEVELOPMENT
IRS990EZ/PrintingPublicationsPostageAmt07455
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/SalariesOtherCompEmplBnftAmt063208
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01288
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0104042
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt095920
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherDesc0NON-PROFIT
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0WWW.OURBRIGHTFUTUREINC.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt095920
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt049307
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt029834
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt010792
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt07484
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0193337
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0193337
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt095920
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt049307
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt029834
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt010792
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt07484
IRS990ScheduleA/Total509Grp/TotalAmt0193337
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt095920
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt049307
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt029834
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt010792
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt07484
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0193337
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDepreciation from 4562 1,666Payroll Taxes 5,785Registration Fees & Charges 807Insurance Costs 1,365Office Expenses 450Computer & Internet Charges 567Program Training 7,000Program Supplies 4,477Meals 973
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearComputer & Printer Equipment 0 9,020Robotics Equipment & Supplies 0 5,988
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearPayroll Liabilities 0 1,288
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
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/SignatureDt02022-02-10
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/PreparationDt02022-02-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Doris L Towns
ReturnHeader/ReturnTs02022-02-10T15:47:04-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KWASI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ACHEAMPONG
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,183
Liabilities
$1,288
Net assets
$28,895
Revenue
$95,920
Expenses
$104,042
Net income
-$8,122
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