BRIGHTSTONE INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
BRIGHTSTONE INC (EIN 62-1783260)
Tax period
2017-01-01 to 2017-12-31
Filed
2019-09-14
IRS object ID
201942579349300304
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-09-14T09:15:43-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN450491842PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BLANKENSHIP CPA GROUP PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1215 WARD CIRCLEAddressLine1Txt
CityBRENTWOODCityNm
State AbbreviationTNStateAbbreviationCd
ZIP370272304ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN621783260EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BRIGHTSTONE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBRIGBusinessNameControlTxt
Phone6157904888PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1140 SOUTHEAST PARKWAY COURTAddressLine1Txt
CityFRANKLINCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37064ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRENDA HAUKPersonNm
Person TitlePRESIDENT / EXEC DIRPersonTitleTxt
Phone6157946219PhoneNum
Signature2019-09-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMIKE DUNN CPAPreparerPersonNm
PTINP00038531PTIN
Phone6153733771PhoneNum
Preparation2019-09-12PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address74.95.147.121IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-09-14IPDt
IP Tm09:15:43IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id1AF70EAC79558827D56C3F7D01BE8DF1111BB134AtSubmissionCreationDeviceId
At Submission Filing Device Id523BB9BB084EEE3299B68DDCD9530D65D60498CEAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Amended ReturnYes (X)AmendedReturnInd
Principal OfficerBRENDA HAUKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1140 SOUTHEAST PARKWAY COURTAddressLine1Txt
CityFRANKLINCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37064ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,672,990GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BRIGHTSTONE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StateTNLegalDomicileStateCd
Activity Or MissionBRIGHTSTONE IS A RESOURCE IN THE COMMUNITY FOUNDED TO PROVIDE FOR THE MULTIPLE NEEDS OF ADULTS WHO ARE DEVELOPMENTALLY DISABLED.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee27TotalEmployeeCnt
Total Volunteers165TotalVolunteersCnt
Total Gross UBI$7,970TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$3,888NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$891,895PYContributionsGrantsAmt
CY Contributions Grants$4,233,459CYContributionsGrantsAmt
PY Program Service Revenue$337,190PYProgramServiceRevenueAmt
CY Program Service Revenue$346,668CYProgramServiceRevenueAmt
PY Investment Income$701PYInvestmentIncomeAmt
CY Investment Income$1,052CYInvestmentIncomeAmt
PY Other Revenue-$30,517PYOtherRevenueAmt
CY Other Revenue-$33,440CYOtherRevenueAmt
PY Total Revenue$1,199,269PYTotalRevenueAmt
CY Total Revenue$4,547,739CYTotalRevenueAmt
PY Grants And Similar Paid$29,465PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$29,055CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$760,576PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$820,880CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$310,437CYTotalFundraisingExpenseAmt
PY Other Expenses$379,270PYOtherExpensesAmt
CY Other Expenses$398,353CYOtherExpensesAmt
PY Total Expenses$1,169,311PYTotalExpensesAmt
CY Total Expenses$1,248,288CYTotalExpensesAmt
PY Revenues Less Expenses$29,958PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,299,451CYRevenuesLessExpensesAmt
Total Assets BOY$5,331,124TotalAssetsBOYAmt
Total Assets EOY$7,345,681TotalAssetsEOYAmt
Total Liabilities BOY$3,184,573TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,899,679TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,146,551NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,446,002NetAssetsOrFundBalancesEOYAmt
MissionBRIGHTSTONE IS A RESOURCE IN THE COMMUNITY FOUNDED TO PROVIDE FOR THE MULTIPLE NEEDS OF ADULTS WHO ARE DEVELOPMENTALLY DISABLED.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$777,165ExpenseAmt
Grant$29,055GrantAmt
Revenue$346,668RevenueAmt
DescPROVIDE A COMPREHENSIVE WORK, EDUCATIONAL AND SOCIAL SUPPORT COMMUNITY FOR ADULTS WITH SPECIAL NEEDS, EXPANDING THEIR POTENTIAL AND HELPING THEM DEVELOP MENTALLY, PHYSICALLY, EMOTIONALLY, SOCIALLY AND SPIRITUALLY.Desc
Total Program Service Expenses$777,165TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document12IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee27EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonBRENDA HAUK PRESIDENTPersonNm
Phone6157904888PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1140 SOUTHEAST PARKWAY COURTAddressLine1Txt
CityFRANKLINCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37064ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
BRENDA HAUK
PRESIDENT /57.00Yes (X)Yes (X)$29,939$0$2,340
DON STINNETT
CHAIRMAN10.00Yes (X)Yes (X)$0$0$0
JIM LACKEY
VICE CHAIRMA0.96Yes (X)Yes (X)$0$0$0
BOB SPECK
TREASURER2.52Yes (X)Yes (X)$0$0$0
KENT HOLDCROFT
SECRETARY0.77Yes (X)Yes (X)$0$0$0
MIKE ALEXANDER
DIRECTOR0.29Yes (X)$0$0$0
TERRY BRIDGES
DIRECTOR0.46Yes (X)$0$0$0
GLEN CASADA
DIRECTOR0.06Yes (X)$0$0$0
KEVIN GABHART
DIRECTOR0.96Yes (X)$0$0$0
JERRY REED
DIRECTOR0.29Yes (X)$0$0$0
JERRY ROOKER
DIRECTOR0.23Yes (X)$0$0$0
TOM SINGLETON
DIRECTOR0.38Yes (X)$0$0$0
DIANNE SPOONER
DIRECTOR0.29Yes (X)$0$0$0
CATHY STALLWORTH
DIRECTOR0.29Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$29,939TotalReportableCompFromOrgAmt
Total Other Compensation$2,340TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$336,322FundraisingAmt
All Other Contributions$3,897,137AllOtherContributionsAmt
Noncash Contributions$1,303,820NoncashContributionsAmt
Total Contributions$4,233,459TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SCHOOL TUITION$316,666$316,666
FEES$30,002$30,002
FieldValueIRS element (for citing)
Total Program Service Revenue$346,668TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,052TotalRevenueColumnAmt
Exclusion$1,052ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$27,600RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$19,630RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$7,970RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,970TotalRevenueColumnAmt
Unrelated Business Revenue$7,970UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$58,911FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$336,322ContriRptFundraisingEventAmt
Fundraising Direct Expenses$105,621FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$46,710TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescFACILITY USE RENTALDesc
Total Revenue Column$5,300TotalRevenueColumnAmt
Exclusion$5,300ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$5,300OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,547,739TotalRevenueColumnAmt
Related Or Exempt Func Income$346,668RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$7,970UnrelatedBusinessRevenueAmt
Exclusion$6,352ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$29,055TotalAmt
Program Services$29,055ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$30,000TotalAmt
Program Services$3,000ProgramServicesAmt
Management And General$15,000ManagementAndGeneralAmt
Fundraising$12,000FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$641,280TotalAmt
Program Services$406,474ProgramServicesAmt
Management And General$98,867ManagementAndGeneralAmt
Fundraising$135,939FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$102,801TotalAmt
Program Services$70,169ProgramServicesAmt
Management And General$14,469ManagementAndGeneralAmt
Fundraising$18,163FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$46,799TotalAmt
Program Services$28,604ProgramServicesAmt
Management And General$7,671ManagementAndGeneralAmt
Fundraising$10,524FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$6,520TotalAmt
Management And General$6,520ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$49,849TotalAmt
Fundraising$49,849FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$22,801TotalAmt
Program Services$2,612ProgramServicesAmt
Management And General$11,473ManagementAndGeneralAmt
Fundraising$8,716FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$69,785TotalAmt
Program Services$64,707ProgramServicesAmt
Management And General$2,327ManagementAndGeneralAmt
Fundraising$2,751FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$16,918TotalAmt
Program Services$16,918ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$99,751TotalAmt
Program Services$97,753ProgramServicesAmt
Management And General$916ManagementAndGeneralAmt
Fundraising$1,082FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$42,735TotalAmt
Program Services$36,709ProgramServicesAmt
Management And General$2,876ManagementAndGeneralAmt
Fundraising$3,150FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmtProgram ServicesProgramServicesAmt
COMMUNITY RELATIONS$42,017$42,017
BANKING FEES$14,737$14,737
LUNCHES$11,740$11,740
CAPITAL CAMPAIGN$10,585$10,585

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$10,915TotalAmt
Program Services$9,424ProgramServicesAmt
Management And General$567ManagementAndGeneralAmt
Fundraising$924FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,248,288TotalAmt
Program Services$777,165ProgramServicesAmt
Management And General$160,686ManagementAndGeneralAmt
Fundraising$310,437FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$545,215BOYAmt
EOY$529,702EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$450,831BOYAmt
EOY$409,040EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$197,393BOYAmt
EOY$2,139,954EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$7,475BOYAmt
EOY$2,836EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,048BOYAmt
EOY$1,820EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,870,529LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$527,029LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,268,034BOYAmt
EOY$1,343,500EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$24,888EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,860,128BOYAmt
EOY$2,893,941EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,331,124BOYAmt
EOY$7,345,681EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$29,147BOYAmt
EOY$39,693EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$3,276BOYAmt
EOY$7,059EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$3,152,150BOYAmt
EOY$1,852,927EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,184,573BOYAmt
EOY$1,899,679EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,455,726BOYAmt
EOY$3,006,177EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$690,825BOYAmt
EOY$2,439,825EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,146,551BOYAmt
EOY$5,446,002EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,331,124BOYAmt
EOY$7,345,681EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$3,299,451ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$315,000OtherCostOrOtherBasisAmt
Book Value$315,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,214,546OtherCostOrOtherBasisAmt
Depreciation$308,745DepreciationAmt
Book Value$905,801BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$340,983OtherCostOrOtherBasisAmt
Depreciation$218,284DepreciationAmt
Book Value$122,699BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,343,500TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescPROPERTY HELD FOR DEVELOPMENTDesc
Book Value$2,893,941BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,893,941TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$4,644,022TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$46,243DonatedServicesAndUseFcltsAmt
Other Revenue$50,040OtherRevenueAmt
Revenue Not Reported$96,283RevenueNotReportedAmt
Revenue Subtotal$4,547,739RevenueSubtotalAmt
Total Revenue Per Form990$4,547,739TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,344,571TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$46,243DonatedServicesUseFcltsAmt
Other Expenses Included$50,040OtherExpensesIncludedAmt
Expenses Not Reported$96,283ExpensesNotReportedAmt
Expenses Subtotal$1,248,288ExpensesSubtotalAmt
Total Expenses Per Form990$1,248,288TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 4, PART XI, LINE 2DFUNDRAISING EXPENSES NETTED AGAINST REVENUE 30,410 RENTAL EXPENSES 19,630
SCHEDULE D, PAGE 4, PART XII, LINE 2DFUNDRAISING EXPENSES NETTED AGAINST REVENUE 30,410 RENTAL EXPENSES 19,630

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdfalseGovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, LINE 3FormAndLineReferenceDesc
ExplanationTHE POLICY IS PUBLISHED IN A LOCAL NEWSPAPER (ANNUALLY), IN THE ORGANIZATION'S NEWSLETTER AND POSTED ON THE ORGANIZATION'S WEBSITE.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1BENEFITSEvent1Nm
Gross Receipts Event1$351,698GrossReceiptsEvent1Amt
Charitable Contri Event1$336,322CharitableContriEvent1Amt
Gross Revenue Event1$15,376GrossRevenueEvent1Amt
Non Cash Prizes Event1$18,069NonCashPrizesEvent1Amt
Rent Facility Costs Event1$26,112RentFacilityCostsEvent1Amt
Food And Beverage Event1$32,613FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$10,167OtherDirectExpensesEvent1Amt
Event2CRAFT FAIRSEvent2Nm
Gross Receipts Event2$43,535GrossReceiptsEvent2Amt
Gross Revenue Event2$43,535GrossRevenueEvent2Amt
Other Direct Expenses Event2$18,660OtherDirectExpensesEvent2Amt
Gross Receipts Total$395,233GrossReceiptsTotalAmt
Charitable Contributions Tot$336,322CharitableContributionsTotAmt
Gross Revenue Total Events$58,911GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$18,069NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$26,112RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$32,613FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$28,827OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$105,621DirectExpenseSummaryEventsAmt
Net Income Summary-$46,710NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeEDUCATIONAL SCHOLARSHIPSGrantTypeTxt
Recipient6RecipientCnt
Cash Grant$29,055CashGrantAmt
Valuation Method UsedCASHValuationMethodUsedDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
Explanation1. BY SIMPLY COMPLETING A SCHOLARSHIP REQUEST FORM, ANY STUDENT CAN APPLY FOR SCHOLARSHIP AT ANY TIME - UPON ENROLLMENT OR ANYTIME DURING THEIR ATTENDANCE AT BRIGHTSTONE. 2. THE FAMILY IS INFORMED OF OUR PROCESS AND SIGNS A RELEASE OF CONTACT INFORMATION TO A THIRD PARTY TO REVIEW. UPON OUR RECEIPT OF THIS REQUEST, WE SEND THE FAMILY CONTACT INFORMATION TO A THIRD PARTY - A FINANCIAL ADVISEMENT GROUP WHO HAVE OFFERED THIS SERVICE PRO BONO. 3. THIS THIRD PARTY CONTACTS THE FAMILY AND MEETS WITH THEM TO LEARN AND REVIEW THE FINANCIAL SITUATION OF THE FAMILY. 4. THE THIRD PARTY THEN DETERMINES THE FAMILY'S CAPABILITY OF PAYING TUITION AND DETERMINES WHETHER OR NOT A SCHOLARSHIP SHOULD BE AWARDED AND THE AMOUNT THEY RECOMMEND. 5. THE THIRD PARTY SENDS A LETTER TO THE FAMILY AND TO BRIGHTSTONE NOTING THE AMOUNT OF SCHOLARSHIP OR DENIAL OF SCHOLARSHIP THAT THEY SUGGEST - ALSO STATING THAT THE FINAL DECISION IS BRIGHTSTONE'S AND THE FAMILY'S - THEY ARE MERELY OFFERING A RECOMMENDATION AND THAT THE DECISION WILL BE REVIEWED ANNUALLY. 6. THE FAMILY CAN ACCEPT OR DECLINE THE SCHOLARSHIP OFFER, AND BRIGHTSTONE CAN ACCEPT OR DECLINE - THIS DECISION IS MADE BY BRIGHTSTONE ACCORDING TO OUR FINANCIAL CAPABILITY OF FUNDING THE SCHOLARSHIP. TO DATE, NO ONE HAS BEEN DENIED A SCHOLARSHIP, EVEN WHEN OUR COFFERS HAVE BEEN LOW. 7. OUR BOOKKEEPER RECEIVES A TUITION/FEE AGREEMENT WITH THE AMOUNT OF TUITION (WITH SCHOLARSHIP NOTED) AND WITH SIGNATURES FROM THE FAMILY AND FROM THE EXECUTIVE DIRECTOR. 8. THE LETTER FROM THE THIRD PARTY AND THE TUITION/FEE AGREEMENT IS KEPT IN THE STUDENT'S FILE. 9. BRIGHTSTONE CAN REVIEW THE SCHOLARSHIP REWARDS ANNUALLY.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution5ContributionCnt
Noncash Contributions Rpt F990$1,204,338NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)PRIZES,FEES23$23,474FMV
Yes (X)SUPPLIES56$44,114FMV
Yes (X)FIXED ASSETS85$31,894FMV
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 1, ITEM BTHE SCHEDULE B SUBMITTED WITH THE ORIGINAL 2017 FORM 990 WAS UNINTENTIONALLY PREPARED ON THE CASH BASIS AND SOME NON-CASH DONATIONS WERE ALSO UNINTENTIONALLY NOT DISCLOSED. HOWEVER, THE OVERALL CONTRIBUTION REVENUE (PAGE 9, PART VIII, LINE 1H) DID NOT CHANGE...ONLY THE COMPOSITION OF THE REVENUE BETWEEN CASH & NON-CASH SOURCES. THIS 2017 AMENDED RETURN IS PREPARED TO SUBMIT A CORRECTED FORM 990, PAGE 9 (ADJUSTMENT TO PART VIII, LINE 1H ONLY), A CORRECTED SCHEDULE B (PREPARED ON THE ACCRUAL BASIS), AND A CORRECTED SCHEDULE M (ADJUSTMENT TO PART 1, LINE 9 ONLY) IN ORDER TO REPORT ACCURATE NON-CASH DONATIONS RECEIVED.
FORM 990, PAGE 6, PART VI, LINE 11BTHE FORM 990 WILL BE PRESENTED ELECTRONICALLY TO EACH BOARD DIRECTOR AT LEAST TWO (2) WEEKS PRIOR TO THE NEXT REGULAR BOARD MEETING. IT WILL BE REVIEWED BY THE DIRECTORS VIA ONE OF THE FOLLOWING: AT THE NEXT REGULAR MEETING, AT A SPECIAL CALLED MEETING, BY E-MAIL OR BY CONFERENCE CALL.
FORM 990, PAGE 6, PART VI, LINE 12CAFTER ACCEPTANCE BY THE BOARD, EACH NEW BOARD MEMBER IS GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY. THE BOARD MEMBER IS ASKED TO SIGN THE POLICY STATEMENT ACKNOWLEDGING AGREEMENT TO ITS DISCLOSURE TERMS. THIS DOCUMENT IS RETAINED BY THE BOARD SECRETARY. WHEN VOTING IS REQUIRED ON A POTENTIAL CONFLICT OF INTEREST ISSUE, THE POLICY IS READ TO THE DIRECTORS AND THEY ARE ASKED TO DISCLOSE ANY CONFLICT AND ADHERE TO THE TERMS OF THE POLICY.
FORM 990, PAGE 6, PART VI, LINE 15ACOMPENSATION OF THE PRESIDENT/EXECUTIVE DIRECTOR OF BRIGHTSTONE HAS BEEN DETERMINED FOLLOWING A REVIEW OF COMPENSATION OF OTHER SIMILAR POSITIONS IN THE AREA AND REVIEW, SUBSTANTIATION, AND DECISION BY THE BOARD OF DIRECTORS AT THE NOVEMBER MEETING EACH YEAR.
FORM 990, PAGE 6, PART VI, LINE 15BCOMPENSATION OF THE MANAGEMENT TEAM OF BRIGHTSTONE (DIRECTOR OF OPERATIONS, DIRECTOR OF FUND DEVELOPMENT, AND PROGRAM COORDINATOR) HAS BEEN DETERMINED FOLLOWING A REVIEW OF COMPENSATION OF OTHER SIMILAR POSITIONS IN THE AREA AND REVIEW, SUBSTANTIATION, AND DECISION BY THE EXECUTIVE DIRECTOR UPON REVIEW AND APPROVAL OF THE BUDGET BY THE BOARD OF DIRECTORS AT THE NOVEMBER MEETING EACH YEAR.
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION'S POLICIES, POLICY MANUAL, CURRENT AND PRIOR YEAR AUDITED FINANCIAL STATEMENTS, TAX RETURNS AND BUDGETS ARE AVAILABLE AT WWW.GIVINGMATTERS.COM . A LINK TO THIS WEBSITE IS LOCATED ON THE ORGANIZATION'S WEBSITE (WWW.BRIGHTSTONE.ORG) AND IT IS NOTED IN THE ORGANIZATION'S QUARTERLY NEWSLETTER. GOVERNING DOCUMENTS ARE RETAINED BY THE ORGANIZATION AND COPIES ARE AVAILABLE UPON REQUEST.

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