Civic Intelligence

Foundation for Bright Future

EIN 84-1814680 • 501(c)3 • Fremont, CA

Profile

Promote education amongst underpriviledged kids

36875 Reynolds DrFremont, CA 94536

https//www.foundationforbrightfuture.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

38th percentile

-4.0%

Higher net margin than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

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

Source year 2024

Revenue Growth

Score unavailable

No value available

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

Source year 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$18,769

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$18,769

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin38th percentile

Revenue

$49,012

No earlier filing loaded for comparison.

Expenses

$50,962

No earlier filing loaded for comparison.

Net Income

-$1,950

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20K$15K$10K$5.0K$0Assets 2024: $18,769Net Assets 2024: $18,7692024

Highlighted filing

2024

Assets$18,769
Liabilities-
Net Assets$18,769
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2024: $49,012Expenses 2024: $50,962Net Income 2024: -$1,9502024

Highlighted filing

2024

Revenue$49,012
Expenses$50,962
Net Income-$1,950
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,769
Liabilities
-
Net assets
$18,769
Revenue
$49,012
Expenses
$50,962
Net income
-$1,950
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$18.8$18.8$49.0$51.0$1.95
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.1
Gross Receipts
$56,793
Mission and Program Overview

Mission

Promote education amongst underpriviledged kids

Program Services

DescriptionGrantsExpenses
GRANT TO TERRE POLICY CENTER FOR FUNDING BALODYAN PROJECT TO PROMOTE EDUCATION FOR UNDER PRIVILEDGED KIDS.-$50,281
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHAILESH SHILWANTCEO-$0--
MRUNALINI DESAICFO-$0--
CHANDANA VEMURISecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Musical Event$8,183$8,183-$8,183
Total Events$8,183$8,183$7,781$402
Filing and Contact Details

Filer

Filer Name
Foundation for Bright Future
EIN
84-1814680
Phone
5104491935
Address
36875 REYNOLDS DR, FREMONT, CA 94536

Signing Officer

Name
Mrunalini Desai
Title
Secretary
Phone
5104491935
Signed
2025-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Kg Group CPA Inc
Address
4532 RODERIGO CT, FREMONT, CA 94555
Preparer
Madhavi Kale
Phone
5104932453
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10, Grants Paid

“Activity GRANTS PAID, Grantee TERRE POLICY CENTER 207 SIDHARTH TOWERS, KOTHRUD PUNE India, Cash Grant 50,281, Relationship”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 115”

Form 990-EZ, Part I, Line 16, Other Expenses

“Bank fees 75”

Form 990-EZ, Part I, Line 16, Other Expenses

“Paypal fees 366”

Form 990-EZ, Part I, Line 16, Other Expenses

“Filing Fees 25”

Form 990-EZ, Part I, Line 16, Other Expenses

“Annual Event expenses 100”

Raw XML Appendix151 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/PersonNm0MRUNALINI DESAI
IRS990EZ/BooksInCareOfDetail/PhoneNum05104491935
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt035875 REYNOLDS DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FREMONT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094555
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt020719
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt018769
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt048610
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1950
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt020719
IRS990EZ/Form990TotalAssetsGrp/EOYAmt018769
IRS990EZ/FundraisingGrossIncomeAmt08183
IRS990EZ/GrantsAndSimilarAmountsPaidAmt050281
IRS990EZ/GrossReceiptsAmt056793
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt020719
IRS990EZ/NetAssetsOrFundBalancesEOYAmt018769
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt020719
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt018769
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHAILESH SHILWANT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MRUNALINI DESAI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHANDANA VEMURI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0681
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE EDUCATION AMONGST UNDERPRIVILEDGED KIDS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRANT TO TERRE POLICY CENTER FOR FUNDING BALODYAN PROJECT TO PROMOTE EDUCATION FOR UNDER PRIVILEDGED KIDS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt050281
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt07781
IRS990EZ/SpecialEventsNetIncomeLossAmt0402
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt050962
IRS990EZ/TotalProgramServiceExpensesAmt050281
IRS990EZ/TotalRevenueAmt049012
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https//www.foundationforbrightfuture.org/
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt056793
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt046078
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt043062
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt028465
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt015353
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0189751
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0189751
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt056793
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt046078
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt043062
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt028465
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt015353
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0189751
IRS990ScheduleA/TotalSupportAmt0189751
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
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07781
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt04501
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt04501
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MUSICAL EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt08183
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt08183
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt08183
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt08183
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0402
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03280
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03280
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity GRANTS PAID, Grantee TERRE POLICY CENTER 207 SIDHARTH TOWERS, KOTHRUD PUNE India, Cash Grant 50,281, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Supplies 115
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank fees 75
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Paypal fees 366
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Filing Fees 25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Annual Event expenses 100
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MRUNALINI DESAI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum05104491935
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDATION FOR BRIGHT FUTURE
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0841814680
ReturnHeader/Filer/PhoneNum05104491935
ReturnHeader/Filer/USAddress/AddressLine1Txt036875 REYNOLDS DR
ReturnHeader/Filer/USAddress/CityNm0FREMONT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094536
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463366864
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KG GROUP CPA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04532 RODERIGO CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FREMONT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094555
ReturnHeader/PreparerPersonGrp/PhoneNum05104932453
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MADHAVI KALE
ReturnHeader/ReturnTs02025-05-13T05:23:44-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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