Civic Intelligence

Bright Beginnings DBA Bright by Three

990 • Fiscal year 2023 • EIN 84-1382420

Jan 01, 2023 to Dec 31, 2023

Organization Profilewww.brightbytext.org
Denver, CO
Siviq Scores

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

Liabilities / Assets

51st percentile

0.08x

Higher debt load relative to assets than 51% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

69th percentile

0.25x

Higher debt load relative to revenue than 69% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

5th percentile

-64%

Higher net margin than 5% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2023

Asset Growth

8th percentile

-17%

Faster asset growth than 8% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

14th percentile

-26%

Faster revenue growth than 14% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets51st percentile

Assets

Down

$4,049,925

Down $837,852 (-17%) from 2022

Net Assets

Down

$3,743,524

Down $782,964 (-17%) from 2022

Liabilities

Down

$306,401

Down $54,888 (-15%) from 2022

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin5th percentile

Revenue

Down

$1,221,581

Down $432,808 (-26%) from 2022

Expenses

Up

$2,004,545

Up $66,894 (+3.5%) from 2022

Net Income

Down

-$782,964

Down $499,702 (-176%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,267,498Liabilities 2010: $23,109Net Assets 2010: $1,244,3892010Assets 2011: $1,106,091Liabilities 2011: $18,447Net Assets 2011: $1,087,6442011Assets 2012: $1,507,819Liabilities 2012: $175,187Net Assets 2012: $1,332,6322012Assets 2013: $1,339,964Liabilities 2013: $150,334Net Assets 2013: $1,189,6302013Assets 2014: $1,599,519Liabilities 2014: $58,236Net Assets 2014: $1,541,2832014Assets 2015: $1,723,971Liabilities 2015: $106,323Net Assets 2015: $1,617,6482015Assets 2016: $1,899,607Liabilities 2016: $149,170Net Assets 2016: $1,750,4372016Assets 2017: $2,015,505Liabilities 2017: $272,922Net Assets 2017: $1,742,5832017Assets 2018: $3,165,843Liabilities 2018: $125,510Net Assets 2018: $3,040,3332018Assets 2019: $3,951,175Liabilities 2019: $199,573Net Assets 2019: $3,751,6022019Assets 2020: $4,546,075Liabilities 2020: $351,276Net Assets 2020: $4,194,7992020Assets 2021: $5,071,779Liabilities 2021: $430,437Net Assets 2021: $4,641,3422021Assets 2022: $4,887,777Liabilities 2022: $361,289Net Assets 2022: $4,526,4882022Assets 2023: $4,049,925Liabilities 2023: $306,401Net Assets 2023: $3,743,5242023Assets 2024: $3,284,299Liabilities 2024: $481,271Net Assets 2024: $2,803,0282024

Highlighted filing

2023

Assets$4,049,925
Liabilities$306,401
Net Assets$3,743,524
Open 2023 Filing

Operations Trend

Revenue Growth14th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $842,776Expenses 2010: $968,719Net Income 2010: -$125,9432010Revenue 2011: $987,568Expenses 2011: $1,144,313Net Income 2011: -$156,7452011Revenue 2012: $1,175,522Expenses 2012: $930,534Net Income 2012: $244,9882012Revenue 2013: $834,272Expenses 2013: $977,274Net Income 2013: -$143,0022013Revenue 2014: $1,339,995Expenses 2014: $988,343Net Income 2014: $351,6522014Revenue 2015: $1,209,403Expenses 2015: $1,133,038Net Income 2015: $76,3652015Revenue 2016: $1,416,334Expenses 2016: $1,283,545Net Income 2016: $132,7892016Revenue 2017: $1,406,119Expenses 2017: $1,413,973Net Income 2017: -$7,8542017Revenue 2018: $2,791,037Expenses 2018: $1,493,287Net Income 2018: $1,297,7502018Revenue 2019: $2,388,358Expenses 2019: $1,677,089Net Income 2019: $711,2692019Revenue 2020: $2,050,660Expenses 2020: $1,607,463Net Income 2020: $443,1972020Revenue 2021: $2,211,448Expenses 2021: $1,764,905Net Income 2021: $446,5432021Revenue 2022: $1,654,389Expenses 2022: $1,937,651Net Income 2022: -$283,2622022Revenue 2023: $1,221,581Expenses 2023: $2,004,545Net Income 2023: -$782,9642023Revenue 2024: $1,225,712Expenses 2024: $2,166,208Net Income 2024: -$940,4962024

Highlighted filing

2023

Revenue$1,221,581
Expenses$2,004,545
Net Income-$782,964
Open 2023 Filing
Filing Detail Status

This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Mission and Program Overview

Mission

The mission of Bright by Text is to help all families give kids a bright beginning so they can grow into healthy, happy, and successful adults.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$4,049,925
Liabilities
$306,401
Net assets
$3,743,524
Revenue
$1,221,581
Expenses
$2,004,545
Net income
-$782,964
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.48$2.80$1.23$2.17$0.94
2023Summary only. Only limited summary data is available for this year.$4.05$0.31$3.74$1.22$2.00$0.78
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.89$0.36$4.53$1.65$1.94$0.28
2021Summary only. Only limited summary data is available for this year.$5.07$0.43$4.64$2.21$1.76$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.55$0.35$4.19$2.05$1.61$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.95$0.20$3.75$2.39$1.68$0.71
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.17$0.13$3.04$2.79$1.49$1.30
2017Summary only. Only limited summary data is available for this year.$2.02$0.27$1.74$1.41$1.41$0.01
2016Summary only. Only limited summary data is available for this year.$1.90$0.15$1.75$1.42$1.28$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.72$0.11$1.62$1.21$1.13$0.08
2014Summary only. Only limited summary data is available for this year.$1.60$0.06$1.54$1.34$0.99$0.35
2013Detailed filing. Detailed filing data is available for this year.$1.34$0.15$1.19$0.83$0.98$0.14
2012Summary only. Only limited summary data is available for this year.$1.51$0.18$1.33$1.18$0.93$0.24
2011Summary only. Only limited summary data is available for this year.$1.11$0.02$1.09$0.99$1.14$0.16
2010Summary only. Only limited summary data is available for this year.$1.27$0.02$1.24$0.84$0.97$0.13
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $1M-$5M nonprofits