Bright Spot Foundation
- Assets
- $3.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Odenville, AL
- Founding
- Data as of
- 12/2021
- EIN
- 85-2069392
Organization Overview
Bright Spot Foundation is located in Odenville, AL. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bright Spot Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Bright Spot Foundation generated $95.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 41.5% each year . All expenses for the organization totaled $94.3k during the year ending 12/2021. While expenses have increased by 44.7% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE SCHOLARSHIPS TO MEN RECOVERING FROM DRUG AND ALCOHOLD ADDICTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul M Whatley Jr Director | 1 | $0 | |
Katherine Nall Whatley Director | 1 | $0 | |
Franklin Adams Pritchard Director | 1 | $0 | |
Pamela Middlekauff Pritchard Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,536 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,536 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,277 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36 |
| Total expenses | $94,313 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,841 |
| Other assets | $0 |
| Total assets | $3,841 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,841 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bright Spot Foundation has recieved totaling $33,900.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $23,900 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Drug Abuse Foundation Of Palm Beach County Inc Delray Beach, FL | $6,627,859 | $10,171,250 |
Drug Abuse Treatment Assc Inc Jupiter, FL | $5,723,777 | $8,718,503 |
Nassau County Mental Health Alcoholism & Drug Abuse Council In Yulee, FL | $6,476,974 | $9,196,226 |
Phoenix Programs Of Florida Inc Brandon, FL | $5,489,109 | $8,446,465 |
Epic Community Services Inc St Augustine, FL | $5,576,860 | $6,637,597 |
Boley-Par Inc Pinellas Park, FL | $391,007 | $5,887,515 |
The Bridge Inc Gadsden, AL | $8,378,595 | $6,557,156 |
Hanley Center Foundation Inc West Palm Beach, FL | $15,883,156 | $6,634,384 |
Cds Family And Behavioral Health Services Inc Gainesville, FL | $3,111,666 | $4,597,506 |
Better Way Of Miami Inc Miami, FL | $6,632,200 | $5,312,771 |
Alcohol And Drug Abuse Treatment Centers Inc Birmingham, AL | $1,049,692 | $3,976,123 |
The Council On Alcohol & Drugs Inc Atlanta, GA | $1,391,588 | $3,928,326 |