T — Philanthropy, Voluntarism & GrantmakingEIN: 462109112· Ruling Year: 2014

Bright Funds Foundation

San Jose, California

BHealth Score
64B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 132 peers in Philanthropy, Voluntarism & Grantmaking with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.17×
Peer Median11.98×
💰
$85.7M
Total Revenue
📊
$83.9M
Total Expenses
🏦
$14.6M
Net Assets
📋
$6.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+22.7%
Year-over-year change (2022 → 2023)
Net Margin
+2.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.17
Net assets divided by total expenses
Liabilities-to-Assets
31.2%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$85,703,644↑23%$83,907,973↑23%$21,258,588↓22%
2022$69,853,050↑18%$68,290,248↑12%$27,273,042↑16%
2021$59,277,249↓15%$61,178,901↓3%$23,418,833↓7%
2020$70,147,390↑72%$62,862,652↑70%$25,270,957↑54%
2019$40,809,537↑32%$36,972,742↑31%$16,383,053↑34%
2018$30,893,921↑30%$28,116,540↑33%$12,197,417↑22%
2017$23,718,190↑101%$21,068,421↑208%$9,982,523↑47%
2016$11,805,878↑225%$6,836,825↑154%$6,781,413↑289%
2015$3,632,464↑1588%$2,686,391↑1127%$1,744,736↑3668%
2014$215,195↑147%$218,881↑157%$46,309↑2361%
2013$87,114$85,232$1,882

Frequently Asked Questions

What does Bright Funds Foundation do?▼

Bright Funds Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in California. It is classified under NTEE code T12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Bright Funds Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, Bright Funds Foundation has a score of 64/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Bright Funds Foundation generate?▼

Bright Funds Foundation reports $25.6M in annual revenue and holds $10.8M in total assets, based on IRS filings.

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