BETA

BRIGHTSTONE INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
BRIGHTSTONE INC (EIN 62-1783260)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-06-26
IRS object ID
201741779349300244
Schema version
2016v3.0
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)
Return2017-06-26T14:24:38-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

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 Begin2016-01-01TaxPeriodBeginDt

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
Signature2017-05-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMIKE DUNN CPAPreparerPersonNm
PTINP00038531PTIN
Phone6153733771PhoneNum
Preparation2017-06-12PreparationDt

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device Id1AF70EAC79558827D56C3F7D01BE8DF1111BB134AtSubmissionCreationDeviceId
At Submission Filing Device Id523BB9BB084EEE3299B68DDCD9530D65D60498CEAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
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$1,305,518GrossReceiptsAmt
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 Body12VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee33TotalEmployeeCnt
Total Volunteers150TotalVolunteersCnt
Total Gross UBI-$2,906TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$2,867NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,151,930PYContributionsGrantsAmt
CY Contributions Grants$891,895CYContributionsGrantsAmt
PY Program Service Revenue$297,774PYProgramServiceRevenueAmt
CY Program Service Revenue$337,190CYProgramServiceRevenueAmt
PY Investment Income$983PYInvestmentIncomeAmt
CY Investment Income$701CYInvestmentIncomeAmt
PY Other Revenue-$35,891PYOtherRevenueAmt
CY Other Revenue-$30,517CYOtherRevenueAmt
PY Total Revenue$1,414,796PYTotalRevenueAmt
CY Total Revenue$1,199,269CYTotalRevenueAmt
PY Grants And Similar Paid$22,286PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$29,465CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$690,663PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$760,576CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$225,910CYTotalFundraisingExpenseAmt
PY Other Expenses$279,089PYOtherExpensesAmt
CY Other Expenses$379,270CYOtherExpensesAmt
PY Total Expenses$992,038PYTotalExpensesAmt
CY Total Expenses$1,169,311CYTotalExpensesAmt
PY Revenues Less Expenses$422,758PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$29,958CYRevenuesLessExpensesAmt
Total Assets BOY$5,312,074TotalAssetsBOYAmt
Total Assets EOY$5,331,124TotalAssetsEOYAmt
Total Liabilities BOY$3,195,481TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,184,573TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,116,593NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,146,551NetAssetsOrFundBalancesEOYAmt
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$761,712ExpenseAmt
Grant$29,465GrantAmt
Revenue$337,190RevenueAmt
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$761,712TotalProgramServiceExpensesAmt
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 FootnoteYes (true)IncludeFIN48FootnoteInd
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 Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee33EmployeeCnt
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 Members12GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
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 (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
BRENDA HAUK
PRESIDENT /57.00Yes (X)Yes (X)$28,416$0$5,425
DON STINNETT
CHAIRMAN9.00Yes (X)Yes (X)$0$0$0
JIM LACKEY
VICE CHAIRMA0.49Yes (X)Yes (X)$0$0$0
BOB SPECK
TREASURER0.49Yes (X)Yes (X)$0$0$0
KENT HOLDCROFT
SECRETARY0.50Yes (X)Yes (X)$0$0$0
MIKE ALEXANDER
DIRECTOR0.75Yes (X)$0$0$0
TERRY BRIDGES
DIRECTOR0.55Yes (X)$0$0$0
GLEN CASADA
DIRECTOR0.24Yes (X)$0$0$0
KEVIN GABHART
DIRECTOR1.00Yes (X)$0$0$0
TOM SINGLETON
DIRECTOR0.31Yes (X)$0$0$0
CATHY STALLWORTH
DIRECTOR0.55Yes (X)$0$0$0
DICK WELLS
DIRECTOR0.75Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$28,416TotalReportableCompFromOrgAmt
Total Other Compensation$5,425TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$325,995FundraisingAmt
All Other Contributions$565,900AllOtherContributionsAmt
Noncash Contributions$127,693NoncashContributionsAmt
Total Contributions$891,895TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SCHOOL TUITION$306,999$306,999
FEES$30,191$30,191
FieldValueIRS element (for citing)
Total Program Service Revenue$337,190TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$701TotalRevenueColumnAmt
Exclusion$701ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$16,100RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$19,006RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$2,906RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$2,906TotalRevenueColumnAmt
Unrelated Business Revenue-$2,906UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$54,332FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$325,995ContriRptFundraisingEventAmt
Fundraising Direct Expenses$87,243FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$32,911TotalRevenueColumnAmt

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$1,199,269TotalRevenueColumnAmt
Related Or Exempt Func Income$337,190RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$2,906UnrelatedBusinessRevenueAmt
Exclusion$6,001ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$29,465TotalAmt
Program Services$29,465ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$30,000TotalAmt
Program Services$18,600ProgramServicesAmt
Management And General$5,400ManagementAndGeneralAmt
Fundraising$6,000FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$604,904TotalAmt
Program Services$376,235ProgramServicesAmt
Management And General$108,496ManagementAndGeneralAmt
Fundraising$120,173FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$43,701TotalAmt
Program Services$29,067ProgramServicesAmt
Management And General$7,859ManagementAndGeneralAmt
Fundraising$6,775FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$81,971TotalAmt
Program Services$54,523ProgramServicesAmt
Management And General$14,741ManagementAndGeneralAmt
Fundraising$12,707FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$28,174TotalAmt
Management And General$28,174ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$19,923TotalAmt
Program Services$2,011ProgramServicesAmt
Management And General$10,056ManagementAndGeneralAmt
Fundraising$7,856FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$95,461TotalAmt
Program Services$90,168ProgramServicesAmt
Management And General$2,426ManagementAndGeneralAmt
Fundraising$2,867FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$15,963TotalAmt
Program Services$15,637ProgramServicesAmt
Fundraising$326FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$100,370TotalAmt
Program Services$98,338ProgramServicesAmt
Management And General$931ManagementAndGeneralAmt
Fundraising$1,101FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$31,836TotalAmt
Program Services$26,375ProgramServicesAmt
Management And General$2,588ManagementAndGeneralAmt
Fundraising$2,873FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmtProgram ServicesProgramServicesAmt
COMMUNITY RELATIONS$46,960$46,960
LUNCHES$11,020$11,020
BANKING FEES$9,592$9,592
CAPITAL CAMPAIGN$7,880$7,880

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$12,091TotalAmt
Program Services$10,273ProgramServicesAmt
Management And General$1,018ManagementAndGeneralAmt
Fundraising$800FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,169,311TotalAmt
Program Services$761,712ProgramServicesAmt
Management And General$181,689ManagementAndGeneralAmt
Fundraising$225,910FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$508,322BOYAmt
EOY$693,394EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$240,349BOYAmt
EOY$302,652EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$391,894BOYAmt
EOY$197,393EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$7,656BOYAmt
EOY$7,475EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$10,513BOYAmt
EOY$2,048EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,747,861LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$479,827LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,138,512BOYAmt
EOY$1,268,034EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,014,828BOYAmt
EOY$2,860,128EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,312,074BOYAmt
EOY$5,331,124EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$26,554BOYAmt
EOY$29,147EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$13,927BOYAmt
EOY$3,276EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$3,155,000BOYAmt
EOY$3,152,150EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,195,481BOYAmt
EOY$3,184,573EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,450,622BOYAmt
EOY$1,455,726EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$665,971BOYAmt
EOY$690,825EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,116,593BOYAmt
EOY$2,146,551EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,312,074BOYAmt
EOY$5,331,124EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$29,958ReconcilationRevenueExpnssAmt
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

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

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$277,046DepreciationAmt
Book Value$937,500BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$218,315OtherCostOrOtherBasisAmt
Depreciation$202,781DepreciationAmt
Book Value$15,534BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,268,034TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescPROPERTY HELD FOR DEVELOPMENTDesc
Book Value$2,860,128BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,860,128TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,236,131TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$11,170DonatedServicesAndUseFcltsAmt
Other Revenue$25,692OtherRevenueAmt
Revenue Not Reported$36,862RevenueNotReportedAmt
Revenue Subtotal$1,199,269RevenueSubtotalAmt
Total Revenue Per Form990$1,199,269TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,206,173TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$11,170DonatedServicesUseFcltsAmt
Other Expenses Included$25,692OtherExpensesIncludedAmt
Expenses Not Reported$36,862ExpensesNotReportedAmt
Expenses Subtotal$1,169,311ExpensesSubtotalAmt
Total Expenses Per Form990$1,169,311TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 3, PART XTHE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE TAX LAWS OF THE STATE OF TENNESSEE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE ORGANIZATION TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2016, NO UNCERTAIN POSITIONS ARE TAKEN OR ARE EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2013.
SCHEDULE D, PAGE 4, PART XI, LINE 2DFUNDRAISING EXPENSES NETTED AGAINST REVENUE 6,686 RENTAL EXPENSES 19,006
SCHEDULE D, PAGE 4, PART XII, LINE 2DFUNDRAISING EXPENSES NETTED AGAINST REVENUE 6,686 RENTAL EXPENSES 19,006

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

FieldValueIRS element (for citing)
Licensed StatesTNLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1BENEFITSEvent1Nm
Gross Receipts Event1$342,224GrossReceiptsEvent1Amt
Charitable Contri Event1$325,995CharitableContriEvent1Amt
Gross Revenue Event1$16,229GrossRevenueEvent1Amt
Non Cash Prizes Event1$12,018NonCashPrizesEvent1Amt
Rent Facility Costs Event1$17,990RentFacilityCostsEvent1Amt
Food And Beverage Event1$32,966FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$4,039OtherDirectExpensesEvent1Amt
Event2CRAFT FAIRSEvent2Nm
Gross Receipts Event2$38,103GrossReceiptsEvent2Amt
Gross Revenue Event2$38,103GrossRevenueEvent2Amt
Other Direct Expenses Event2$20,230OtherDirectExpensesEvent2Amt
Gross Receipts Total$380,327GrossReceiptsTotalAmt
Charitable Contributions Tot$325,995CharitableContributionsTotAmt
Gross Revenue Total Events$54,332GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$12,018NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$17,990RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$32,966FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$24,269OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$87,243DirectExpenseSummaryEventsAmt
Net Income Summary-$32,911NetIncomeSummaryAmt

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$29,465CashGrantAmt
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
Contribution1ContributionCnt
Noncash Contributions Rpt F990$100,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesNYSE/SALES PRICEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)PRIZES,FEES,MAT20$16,356FMV
Yes (X)SUPPLIES13$11,337FMV
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 (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.