Civic Intelligence

Bright Smiles Foundation

990EZ • Fiscal year 2021 • EIN 83-0901351

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 03, 2022

5655 Silver Creek Valley Rd Ste 157San Jose, CA 95138

(408) 478-3679

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

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

Liabilities / Revenue

56th percentile

0.00x

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

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

Net Margin

78th percentile

35%

Higher net margin than 78% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Assets

$49,098

No earlier filing loaded for comparison.

Net Assets

$49,098

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$122,624

No earlier filing loaded for comparison.

Expenses

$80,299

No earlier filing loaded for comparison.

Net Income

$42,325

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.

$60K$40K$20K$0Assets 2021: $49,098Liabilities 2021: $0Net Assets 2021: $49,0982021Assets 2022: $36,661Liabilities 2022: $0Net Assets 2022: $36,6612022Assets 2023: $41,936Liabilities 2023: $0Net Assets 2023: $41,9362023Assets 2024: $17,028Liabilities 2024: $0Net Assets 2024: $17,0282024

Highlighted filing

2021

Assets$49,098
Liabilities$0
Net Assets$49,098

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2021: $122,624Expenses 2021: $80,299Net Income 2021: $42,3252021Revenue 2022: $113,812Expenses 2022: $126,249Net Income 2022: -$12,4372022Revenue 2023: $98,423Expenses 2023: $93,148Net Income 2023: $5,2752023Revenue 2024: $79,990Expenses 2024: $104,898Net Income 2024: -$24,9082024

Highlighted filing

2021

Revenue$122,624
Expenses$80,299
Net Income$42,325
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 3, 2022
Return Version
2021v4.2
Gross Receipts
$122,624
Mission and Program Overview

Mission

Please see attached statement in sch o

Program Services

DescriptionGrantsExpenses
PLEASE SEE ATTACHED STATEMENT IN SCH O-$78,803
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FATMA ELASHMAWICEOPT$0--
ZEINA GADSecretary-$0--
SHERINE ELZARKATreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Bright Smile Foundation
EIN
83-0901351
Address
5655 SILVER CREEK VALLEY RD STE 157, SAN JOSE, CA 95138

Signing Officer

Name
Fatima Elashmawi
Title
President
Phone
4084783679
Signed
2022-06-03
Discuss with paid preparer
No

Preparer

Firm
Micro Tax Audit&accounting Svcs Llp
Address
1879 LUNDY AVENUE SUITE 163, SAN JOSE, CA 95131
Preparer
Muhammad A Haroon
Phone
4089869829
Supplemental Narrative

Additional Explanations

General explanation attachment

Objective and mission statement:bright smile foundation is a bay area nonprofit organization founded in 2019 to provide families in the san francisco bay area with financial resources to help them weather their hardship as they are on the path to economic self-reliance. Unlike other support organizations, we provide financial assistance with rent, utility bills, healthcare bills, and similar obligations. Our financial solutions are intended to be temporary and complementary to other community support services available to our community. After screening over 50+ families and individuals, we authorized support for 41 clients in desperate need of assistance. Last year, we have provided over $80,000 to support our community, and we almost doubled our client base. 100% of all donations support our clients, and none of the funds go to overhead.future goals:many recent studies show how the bay areas poverty level is growing and how 50% of bay area residents cant pay their bills at least once during the year. And with inflation on the rise, the need to support families to weather hardship will grow. Our goal is to acquire more funds to help the increasing number of those who need assistance with rent, basic essentials, and health-related expenses.

Description of other expenses Part I line 16

Description amountweb server services 598annual registration 50food support programs 212housing and utilities support prog. 68,671school support programs 2,000family and individual oth exp supp. 7,932bank service charges 12

Raw XML Appendix137 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OBJECTIVE AND MISSION STATEMENT:BRIGHT SMILE FOUNDATION IS A BAY AREA NONPROFIT ORGANIZATION FOUNDED IN 2019 TO PROVIDE FAMILIES IN THE SAN FRANCISCO BAY AREA WITH FINANCIAL RESOURCES TO HELP THEM WEATHER THEIR HARDSHIP AS THEY ARE ON THE PATH TO ECONOMIC SELF-RELIANCE. UNLIKE OTHER SUPPORT ORGANIZATIONS, WE PROVIDE FINANCIAL ASSISTANCE WITH RENT, UTILITY BILLS, HEALTHCARE BILLS, AND SIMILAR OBLIGATIONS. OUR FINANCIAL SOLUTIONS ARE INTENDED TO BE TEMPORARY AND COMPLEMENTARY TO OTHER COMMUNITY SUPPORT SERVICES AVAILABLE TO OUR COMMUNITY. AFTER SCREENING OVER 50+ FAMILIES AND INDIVIDUALS, WE AUTHORIZED SUPPORT FOR 41 CLIENTS IN DESPERATE NEED OF ASSISTANCE. LAST YEAR, WE HAVE PROVIDED OVER $80,000 TO SUPPORT OUR COMMUNITY, AND WE ALMOST DOUBLED OUR CLIENT BASE. 100% OF ALL DONATIONS SUPPORT OUR CLIENTS, AND NONE OF THE FUNDS GO TO OVERHEAD.FUTURE GOALS:MANY RECENT STUDIES SHOW HOW THE BAY AREAS POVERTY LEVEL IS GROWING AND HOW 50% OF BAY AREA RESIDENTS CANT PAY THEIR BILLS AT LEAST ONCE DURING THE YEAR. AND WITH INFLATION ON THE RISE, THE NEED TO SUPPORT FAMILIES TO WEATHER HARDSHIP WILL GROW. OUR GOAL IS TO ACQUIRE MORE FUNDS TO HELP THE INCREASING NUMBER OF THOSE WHO NEED ASSISTANCE WITH RENT, BASIC ESSENTIALS, AND HEALTH-RELATED EXPENSES.
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