Civic Intelligence

Bright Smiles Foundation

990EZ • Fiscal year 2023 • EIN 83-0901351

Jan 01, 2023 to Dec 31, 2023 • Filed on May 09, 2024

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

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

54th percentile

5.4%

Higher net margin than 54% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

68th percentile

14%

Faster asset growth than 68% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

30th percentile

-14%

Faster revenue growth than 30% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$41,936

Up $5,275 (+14%) from 2022

Net Assets

Up

$41,936

Up $5,275 (+14%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$98,423

Down $15,389 (-14%) from 2022

Expenses

Down

$93,148

Down $33,101 (-26%) from 2022

Net Income

Up

$5,275

Up $17,712 (+142%) from 2022

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

2023

Assets$41,936
Liabilities$0
Net Assets$41,936

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

2023

Revenue$98,423
Expenses$93,148
Net Income$5,275
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 9, 2024
Return Version
2023v5.0
Gross Receipts
$98,423
Mission and Program Overview

Mission

Please see attached statement in sch o

Program Services

DescriptionGrantsExpenses
PLEASE SEE ATTACHED STATEMENT IN SCH O-$93,148
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FATMA ELASHMAWICEOPT$0--
EYMAN ELZARKASecretary-$0--
SHERINE ELZARKATreasurer-$0--
FAHIM RAHMANBoard Member-$0--
AMR ALARABTYBoard Member-$0--
FAREEHA SULTANBoard Member-$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
Fatma Elashmawi
Title
President
Phone
4084783679
Signed
2024-05-09
Discuss with paid preparer
No

Preparer

Firm
Micro Tax Audit Accounting Svcs Llp
Address
2350 MISSION COLLEGE BLVD 475, SANTA CLARA, CA 95054
Preparer
Muhammad A Haroon
Phone
4089869829
Supplemental Narrative

Additional Explanations

General explanation attachment

Objective and mission statement:bright smile foundation, established in 2019, is a bay area nonprofit dedicated to aiding families in the san francisco bay area during periods of economic hardship. We offer financial assistance for rent, utility bills, healthcare expenses, and similar obligations. Unlike traditional support organizations, our aim is to provide temporary relief, complementing existing community services to facilitate families on their journey toward economic self-reliance. After screening over 80 families and individuals, we authorized support for 64 clients (41 in cy22) in desperate need. Last year, we allocated over $98,000 ($80k in cy22) to aid our community, nearly doubling our client base for the second consecutive year. 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 rising, with 50% of residents struggling to pay bills at least once annually. Coupled with escalating inflation, the demand for aid to weather financial crises will likely intensify. Our objective is to secure additional funds to assist the growing number of individuals requiring support with rent, necessities, and healthcare expenses.

Description of other expenses Part I line 16

Description amountweb server services 583annual filings 97bank charges 13housing and utilities support prog. 86,081professional fee 800family and individual oth exp supp. 5,000postage and mailings 358po box fee 216

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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, ESTABLISHED IN 2019, IS A BAY AREA NONPROFIT DEDICATED TO AIDING FAMILIES IN THE SAN FRANCISCO BAY AREA DURING PERIODS OF ECONOMIC HARDSHIP. WE OFFER FINANCIAL ASSISTANCE FOR RENT, UTILITY BILLS, HEALTHCARE EXPENSES, AND SIMILAR OBLIGATIONS. UNLIKE TRADITIONAL SUPPORT ORGANIZATIONS, OUR AIM IS TO PROVIDE TEMPORARY RELIEF, COMPLEMENTING EXISTING COMMUNITY SERVICES TO FACILITATE FAMILIES ON THEIR JOURNEY TOWARD ECONOMIC SELF-RELIANCE. AFTER SCREENING OVER 80 FAMILIES AND INDIVIDUALS, WE AUTHORIZED SUPPORT FOR 64 CLIENTS (41 IN CY22) IN DESPERATE NEED. LAST YEAR, WE ALLOCATED OVER $98,000 ($80K IN CY22) TO AID OUR COMMUNITY, NEARLY DOUBLING OUR CLIENT BASE FOR THE SECOND CONSECUTIVE YEAR. 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 RISING, WITH 50% OF RESIDENTS STRUGGLING TO PAY BILLS AT LEAST ONCE ANNUALLY. COUPLED WITH ESCALATING INFLATION, THE DEMAND FOR AID TO WEATHER FINANCIAL CRISES WILL LIKELY INTENSIFY. OUR OBJECTIVE IS TO SECURE ADDITIONAL FUNDS TO ASSIST THE GROWING NUMBER OF INDIVIDUALS REQUIRING SUPPORT WITH RENT, NECESSITIES, AND HEALTHCARE EXPENSES.
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