funder logo

BRIGHT FUNDS FOUNDATION

BRIGHT FUNDS FOUNDATION

San Jose, CA, US
501(c)3
EIN
46-2109112
Fund Raising & Fund Distribution
funder logo

BRIGHT FUNDS FOUNDATION

San Jose, CA, US
501(c)3
EIN
46-2109112
Fund Raising & Fund Distribution

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$10,834,060

Cash & Equivalents
51%
Receivables (Non-Related)
49%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$5,024,690

Grants Payable
91%
Payables & Accruals
6%
Other Liabilities
3%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$16,894,333
$5,512,619
-67%
Receivables (Non-Related)
$4,364,255
$5,321,441
+22%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$0
$0
-
Total Assets
$21,258,588
$10,834,060
-49%
Liabilities
2023
2024
Change
Payables & Accruals
$835,372
$282,143
-66%
Grants Payable
$5,792,562
$4,582,685
-21%
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$159,862
-
Total Liabilities
$6,627,934
$5,024,690
-24%
Net assets
2023
2024
Change
Restricted Net Assets
$0
$0
-
Unrestricted Net Assets
$14,630,654
$5,809,370
-60%
Net assets
2023
2024
Change
Net assets
+$14,630,654
+$5,809,370
-60%
Balance Sheet
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