Civic Intelligence

Bright Future Foundation for Eagle County

990 • Fiscal year 2021 • EIN 84-0938374

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 27, 2022

PO Box 2558Avon, CO 81620

(970) 949-7097

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.14x

Higher debt load relative to assets than 52% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

66th percentile

0.32x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

60th percentile

18%

Higher net margin than 60% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

80th percentile

$216,947

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

51st percentile

9.9%

Faster asset growth than 51% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-42%

Faster revenue growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$5,925,885

Up $532,187 (+9.9%) from 2020

Net Assets

Up

$5,123,753

Up $461,918 (+9.9%) from 2020

Liabilities

Up

$802,132

Up $70,269 (+9.6%) from 2020

Revenue

Down

$2,474,938

Down $1,812,869 (-42%) from 2020

Expenses

Up

$2,021,020

Up $434,081 (+27%) from 2020

Net Income

Down

$453,918

Down $2,246,950 (-83%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $218,197Liabilities 2010: $35,900Net Assets 2010: $182,2972010Assets 2011: $219,437Liabilities 2011: $31,902Net Assets 2011: $187,5352011Assets 2012: $340,584Liabilities 2012: $36,408Net Assets 2012: $304,1762012Assets 2013: $391,681Liabilities 2013: $41,514Net Assets 2013: $350,1672013Assets 2014: $608,339Liabilities 2014: $123,707Net Assets 2014: $484,6322014Assets 2015: $617,092Liabilities 2015: $67,441Net Assets 2015: $549,6512015Assets 2016: $626,692Liabilities 2016: $86,370Net Assets 2016: $540,3222016Assets 2017: $681,004Liabilities 2017: $113,877Net Assets 2017: $567,1272017Assets 2018: $1,165,244Liabilities 2018: $496,352Net Assets 2018: $668,8922018Assets 2019: $2,172,637Liabilities 2019: $489,127Net Assets 2019: $1,683,5102019Assets 2020: $5,393,698Liabilities 2020: $731,863Net Assets 2020: $4,661,8352020Assets 2021: $5,925,885Liabilities 2021: $802,132Net Assets 2021: $5,123,7532021Assets 2022: $5,574,948Liabilities 2022: $148,833Net Assets 2022: $5,426,1152022Assets 2023: $6,216,098Liabilities 2023: $169,170Net Assets 2023: $6,046,9282023Assets 2024: $6,439,743Liabilities 2024: $200,348Net Assets 2024: $6,239,3952024

Highlighted filing

2021

Assets$5,925,885
Liabilities$802,132
Net Assets$5,123,753

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $667,2962010Expenses 2011: $658,4062011Expenses 2012: $674,1352012Revenue 2013: $767,657Expenses 2013: $721,831Net Income 2013: $45,8262013Revenue 2014: $1,063,709Expenses 2014: $929,322Net Income 2014: $134,3872014Revenue 2015: $1,114,091Expenses 2015: $1,049,051Net Income 2015: $65,0402015Revenue 2016: $1,093,127Expenses 2016: $1,102,456Net Income 2016: -$9,3292016Revenue 2017: $1,198,427Expenses 2017: $1,171,622Net Income 2017: $26,8052017Revenue 2018: $1,300,679Expenses 2018: $1,198,914Net Income 2018: $101,7652018Revenue 2019: $2,369,672Expenses 2019: $1,366,754Net Income 2019: $1,002,9182019Revenue 2020: $4,287,807Expenses 2020: $1,586,939Net Income 2020: $2,700,8682020Revenue 2021: $2,474,938Expenses 2021: $2,021,020Net Income 2021: $453,9182021Revenue 2022: $2,489,193Expenses 2022: $2,186,831Net Income 2022: $302,3622022Revenue 2023: $2,616,412Expenses 2023: $2,358,599Net Income 2023: $257,8132023Revenue 2024: $2,658,527Expenses 2024: $2,466,060Net Income 2024: $192,4672024

Highlighted filing

2021

Revenue$2,474,938
Expenses$2,021,020
Net Income$453,918
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 27, 2022
Return Version
2021v4.0
Gross Receipts
$2,532,005
Mission and Program Overview

Mission

To empower individuals and families affected by domestic violence and abuse to lead safe, productive lives through prevention services, advocacy, crisis intervention, and recovery services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$730,133$4,010,917▲ $3,280,784
Savings and Temporary Cash Investments$1,581,417$1,304,908▼ $276,509
Pledges and Grants Receivable$1,274,158$571,387▼ $702,771
Cash and Non-Interest-Bearing Accounts$117,235$15,029▼ $102,206
Prepaid Expenses and Deferred Charges$5,634$12,253▲ $6,619
Total Assets$5,393,698$5,925,885▲ $532,187
Other Assets Total$1,685,121$11,391▼ $1,673,730
Liabilities
Mortgage Notes Payable Secured by Investment Property$372,298$610,594▲ $238,296
Accounts Payable and Accrued Expenses$311,458$191,538▼ $119,920
Unsecured Notes Loans Payable$48,107--
Total Liabilities$731,863$802,132▲ $70,269
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,541,813$4,599,900▲ $2,058,087
Net Assets With Donor Restrictions$2,120,022$523,853▼ $1,596,169
Total Net Assets Fund Balance$4,661,835$5,123,753▲ $461,918
Total Liabilities and Net Assets / Fund Balance$5,393,698$5,925,885▲ $532,187

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,605,681$86,319$3,692,000
Land$291,845-$291,845
Leasehold Improvements$17,606$133,134$150,740
Equipment$95,785$31,564$127,349

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$3,823,568$674,606-$-3,796,311$701,863
2020$945,505$3,077,720-$-199,657$3,823,568
2019$178,010$1,040,281-$-272,786$945,505
2018$191,843$37,500-$-51,333$178,010
2017$188,010$113,505-$-109,672$191,843
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sheryl a Mintz LcswCEOFT$164,168$52,779$216,947
Holly C Kasper-blankCOOFT$119,354$10,917$130,271

Board Members and Trustees

NameTitle
Amy KellerPresident
Lissa TylerPresident (p
Allison KrausenDirector
Amy GoschaDirector
Andrew Veit Md MbaDirector
Deborah Wittman EsqDirector
Lois Van DeusenDirector
Mia VlaarDirector
Rachel NelsonDirector
Steve SuggsDirector
Tonya FrankDirector
Yvonne JacobsDirector
Doe BrowningDirector (pr
Kelley CollierDirector (pr
Winslow Blankenship MdDirector (pr
Colleen Weiss-hanenSecretary/tr
Tom Moorhead EsqVice Pres (p
Craig FerraroVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Ra Nelson LLCGen Contractor51 EAGLE RD 2 PO DRAWER 5400, Avon, CO 81620$1,765,938
Revenue and Support

Revenue Composition

Contributions and Grants
$2,425,995
Program Service Revenue
$30,422
Investment Income
$182
Other Revenue
$18,339
All Other Contributions
$1,007,405
Change in Net Assets
$453,918

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table12$31,791Cost
Clothing and Household Goods-$24,643Thrift Store Value
Other Non Cash Contri Table40$22,642Selling Price
Securities Publicly Traded2$10,037Market Value
Total Noncash Contributions54$89,113-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,474,938
Revenue Not Reported on Form 990
$48,133
Total Revenue per Audited Statements
$2,523,071
Total Revenue per Form 990
$2,474,938
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,257,451
Other Expenses$535,466
Grants and Similar Amounts Paid$228,103
Total Fundraising Expense$163,316
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$637,763$40,898$66,183$744,844
Current Officers, Directors, Trustees, and Key Employees$269,166$53,418$33,409$355,993
Grants to Domestic Individuals$228,103--$228,103
Fees for Services Other$157,038--$157,038
Depreciation Depletion$72,688$4,038$4,038$80,764
Payroll Taxes$59,967$6,135$6,594$72,696
Office Expenses$59,933$6,427$4,448$70,808
Other Employee Benefits$58,920$5,112$6,652$70,684
Advertising$21,611$3,601$29,797$55,009
Occupancy$37,559$5,663$4,282$47,504
Fees for Services Accounting-$33,410-$33,410
Conferences and Meetings$20,423$3,404$2,356$26,183
Insurance$16,752$2,792$1,933$21,477
Interest-$19,338-$19,338
Information Technology$11,340$1,890$1,309$14,539
Pension Plan Contributions$11,464$579$1,191$13,234
Travel$8,272-$1,124$9,396
Total Functional Expenses$1,670,999$186,705$163,316$2,021,020

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,061,153
Total Expenses per Form 990$2,021,020
Expenses per Audited Statements$2,019,896
Expenses Not Reported on Form 990$41,257
Expenses Not Reported on Financial Statements$1,124
Other Expense Adjustments$1,124
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$53,392
Fundraising Direct Expenses$47,030
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$151,103$53,392$22,642$30,750
Total Events$151,103$53,392$47,030$6,362
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Substantial ContributorSee Part VSee Part VNo$1,765,938
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is presented to the finance committee for review and approval before filing.

Form 990, Page 6, Part VI, Line 12C

The policy is discussed annually at a board meeting, and directors are asked to disclose any conflicts.

Form 990, Page 6, Part VI, Line 15A

Compensation for the executive director is recommended by the board chair and approved by the executive committee. A formal review occurs once a year. Comparable salary data for salary range and compensation was obtained from mountain states employers council and the colorado non-profit association salary and benefits survey.

Form 990, Page 6, Part VI, Line 19

We consider requests on a case-by-case basis.

Filing and Contact Details

Filer

Filer Name
Bright Future Foundation for Eagle
EIN
84-0938374
Phone
9709497097
Address
PO BOX 2558, AVON, CO 81620

Signing Officer

Name
Sheryl a Mintz Lcsw
Title
CEO
Phone
9707637205
Signed
2022-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sheryl a Mintz Lcsw
Formed
1984
Legal Domicile
Co
Voting Board Members
14
Independent Board Members
13
Employees
18
Volunteers
102

Preparer

Firm
Taylor Roth and Company
Address
800 GRANT ST STE 205, DENVER, CO 80203-2944
Preparer
Ken Roth
Phone
3035790513
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers at the organization include: --individuals trained as advocates to answer the 24/7 hotline; --mentors to at-risk youth; --administrative and program interns working directly with program participants; --architecture, design, and supervision services for the brighthouse project; --board of directors who serve on a volunteer basis.

Form 990, Page 2, Part III, Line 4A

An estimated total of 1,200 individuals were served by the organization during the year ended december 31, 2021. Program services included the following: advocates ensuring freedom: --services included a 24-hour confidential crisis line, operated 365 days a year by trained volunteers; advocacy for victims of domestic violence and sexual assault; and housing stabilization. Bright future advocates focus on long- term recovery with the goal of self-sufficiency and self-efficacy. Essentially our services support clients throughout the transition from "victim" to "survivor." we embrace a holistic view of recovery, which addresses the psychological, economic, medical, and legal implications of abuse. This approach streamlines the process, and consequently reduces the potential for unnecessary distress among clients. --behavioral health and counseling: bright future foundation provides trauma-informed therapeutic services for individuals and families affected by violence. All counseling services are at no cost to clients and confidential. Counseling services deliver the psychological tools necessary to process trauma and initiate recovery. --legal advocacy and representation: victims are often overwhelmed by complex court and legal proceedings. Bright future's legal advocates guide clients through the maze of the civil and criminal justice system. Legal advocacy is provided to all impacted by domestic violence and sexual assault. Additionally, bright future provides legal representation to qualifying low-income individuals and families impacted by domestic violence, sexual assault, and stalking.

Form 990, Page 2, Part III, Line 4B

Housing: --freedom ranch safehouse: freedom ranch was eagle county's first and only safehouse and emergency shelter for individuals and families affected by domestic violence and sexual assault. The location of the shelter was kept confidential to protect the safety and security of residents. Residents have the support of the shelter manager and other residents through shared living, dining, and children's areas. Additionally, residents work closely with advocates to determine plans following their stay at freedom ranch. --brighthouse: construction began in august of 2020 to construct the new brighthouse emergency housing facility which replaced freedom ranch in june 2021. Brighthouse is a trauma-informed facility that can serve up to 24 residents of all genders and their pets. All of bright future foundation's services are co-located at the facility. Brighthouse has 6 efficiency apartments and a congregate kitchen and living room area.

Form 990, Part XI, Line 9

Other fundraising expenses -1,124 other fundraising expenses 1,124

Form 990, Part XII

Form 990, part xii, line 3b: the organization is currently undergoing an audit in accordance with the single audit act and omb circular a-133.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Schedule d, page 2, part v line 4: net assets with donor restrictions: amounts are spent in accordance with donors' restrictions for the brighthouse construction project, capital purchases, improvements, and maintenance. Board-designated net assets: the board has designated assets to provide for an operating reserve which may be used for operations if needed due to unexpected circumstances, such as reductions in grant funding and contributions.

Schedule D, Page 3, Part X

The organization has received an internal revenue service exemption from federal income taxes under section 501(c)(3). Accordingly, no provision or liability for income taxes has been provided in the accompanying financial statements.

Schedule D, Page 4, Part XI, Line 2D

Other fundraising expenses -1,124

Schedule D, Page 4, Part XII, Line 4B

Other fundraising expenses 1,124

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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt12SECRETARY/TR
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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR (PR
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IRS990/OtherRevenueMiscGrp/Desc0EXPENSE REIMBURSEMENTS
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IRS990/ProgSrvcAccomActy2Grp/Desc0HOUSING: --FREEDOM RANCH SAFEHOUSE: FREEDOM RANCH WAS EAGLE COUNTY'S FIRST AND ONLY SAFEHOUSE AND EMERGENCY SHELTER FOR INDIVIDUALS AND FAMILIES AFFECTED BY DOMESTIC VIOLENCE AND SEXUAL ASSAULT. THE LOCATION OF THE SHELTER WAS KEPT CONFIDENTIAL TO PROTECT THE SAFETY AND SECURITY OF RESIDENTS. RESIDENTS HAVE THE SUPPORT OF THE SHELTER MANAGER AND OTHER RESIDENTS THROUGH SHARED LIVING, DINING, AND CHILDREN'S AREAS. ADDITIONALLY, RESIDENTS WORK CLOSELY WITH ADVOCATES TO DETERMINE PLANS FOLLOWING THEIR STAY AT FREEDOM RANCH. --BRIGHTHOUSE: CONSTRUCTION BEGAN IN AUGUST OF 2020 TO CONSTRUCT THE NEW BRIGHTHOUSE EMERGENCY HOUSING FACILITY WHICH REPLACED FREEDOM RANCH IN JUNE 2021. BRIGHTHOUSE IS A TRAUMA-INFORMED FACILITY THAT CAN SERVE UP TO 24 RESIDENTS OF ALL GENDERS AND THEIR PETS. ALL OF BRIGHT FUTURE FOUNDATION'S SERVICES ARE CO-LOCATED AT THE FACILITY. BRIGHTHOUSE HAS 6 EFFICIENCY APARTMENTS AND A CONGREGATE KITCHEN AND LIVING ROOM AREA.
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IRS990/ProgSrvcAccomActy3Grp/Desc0YOUTH VIOLENCE PREVENTION: --BUDDY MENTORS: BASED ON THE NATIONAL BIG BROTHERS/BIG SISTERS MODEL OF MENTORSHIP, BUDDY MENTORS STRIVES TO INSPIRE AND FOSTER YOUTH THROUGH BUILDING CONSISTENT AND TRUSTING RELATIONSHIPS. CARING, RESPONSIBLE ADULTS ARE MATCHED WITH A CHILD BETWEEN THE AGES OF 6 AND 16, COMMITTING TO MEET 2-3 HOURS PER WEEK FOR A PERIOD OF ONE YEAR. YOUTH INVOLVED WITH A MENTOR SHOW INCREASED CONFIDENCE IN ACADEMIC WORK AND INCREASED SUCCESS IN RELATIONSHIPS WITH FAMILY MEMBERS. --ENSURING SAFETY YOUTH VIOLENCE PREVENTION: A SCHOOL-BASED CURRICULUM THAT ESPOUSES OF HEALTHY RELATIONSHIPS, GENDER EQUALITY, AND INCORPORATES HOT SPOT MAPPING EXERCISES FOR MIDDLE SCHOOL STUDENTS.
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt01304908

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.44$0.20$6.24$2.66$2.47$0.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.22$0.17$6.05$2.62$2.36$0.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.57$0.15$5.43$2.49$2.19$0.30
2021Detailed filing. Detailed filing data is available for this year.$5.93$0.80$5.12$2.47$2.02$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.39$0.73$4.66$4.29$1.59$2.70
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.17$0.49$1.68$2.37$1.37$1.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.50$0.67$1.30$1.20$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.11$0.57$1.20$1.17$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.09$0.54$1.09$1.10$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.62$0.07$0.55$1.11$1.05$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.61$0.12$0.48$1.06$0.93$0.13
2013Detailed filing. Detailed filing data is available for this year.$0.39$0.04$0.35$0.77$0.72$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.04$0.30$0.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.03$0.19$0.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.04$0.18$0.67