2012-11-15T14:06:02-06:00 2011-12-31 232108173 REINSEL KUNTZ LESHER LLP 1800 FRUITVILLE PIKE LANCASTER PA 17604 990 2011-01-01 233062048 BRIGHT SIDE OPPORTUNITIES CORPORATION BRIG 7175091342 515 HERSHEY AVE PO BOX 2084 LANCASTER PA 176082084 REV LOUIS A BUTCHER JR 7175091342 2012-11-09 1 ELIZABETH BRENNAN P01588115 7173945666 2011 2016-02-24 21:20:13Z REV LOUIS A BUTCHER JR 515 HERSHEY AVE PO BOX 2084 LANCASTER PA 176082084 335196 0 X N/A X 2000 PA THE MISSION OF BRIGHT SIDE OPPORTUNITIES CORPORATION IS TO DEVELOP YOUTH MENTALLY, SPIRITUALLY, AND PHYSICALLY, THROUGH CULTURALLY DIVERSE PROGRAMS; PROMOTE AND ENGAGE IN ECONOMIC DEVELOPMENT BY INITIATING AND MENTORING SMALL BUSINESS; AND FOSTERING WELLNESS AND SELF-SUFFICIENCY FOR THE GREATER COMMUNITY. BRIGHT SIDE PROVIDES A VARIETY OF PROGRAMS FOR YOUTH AND FAMILIES IN THE AREAS OF EDUCATION, WELLNESS, FINANCIAL MANAGEMENT AND RECREATION. 13 11 10 65 0 0 94318 102023 232789 221417 107 95 706457 -17072 1033671 306463 0 0 0 0 53524 92033 0 0 60355 386548 309972 440072 402005 593599 -95542 3022014 2964445 971260 1009810 2050754 1954635 X THE MISSION OF BRIGHT SIDE OPPORTUNITIES CORPORATION IS TO DEVELOP YOUTH MENTALLY, SPIRITUALLY, AND PHYSICALLY, THROUGH CULTURALLY DIVERSE PROGRAMS; PROMOTE AND ENGAGE IN ECONOMIC DEVELOPMENT BY INITIATING AND MENTORING SMALL BUSINESS; AND FOSTERING WELLNESS AND SELF-SUFFICIENCY FOR THE GREATER COMMUNITY. BRIGHT SIDE PROVIDES A VARIETY OF PROGRAMS FOR YOUTH AND FAMILIES IN THE AREAS OF EDUCATION, WELLNESS, FINANCIAL MANAGEMENT AND RECREATION. 1 0 166963 221501 THE ORGANIZATION OPERATED AN AFTER SCHOOL PROGRAM FOR ELEMENTARY AND MIDDLE SCHOOL YOUTH SERVING AN AVERAGE OF 10 STUDENTS PER MONTH OVER 9 MONTHS; PROVIDED A SENIOR CITIZEN PRAY & SWEAT EXERCISE PROGRAM WITH APPROXIMATELY 17 PARTICIPANTS; OPERATED A BASKETBALL LEAGUE FOR APPROXIMATELY 90 YOUTH; OPERATED A FITNESS CENTER WITH APPROXIMATELY 65 MEMBERS; HOSTED A COMMUNITY HEALTH FAIR WITH 300 PARTICIPANTS; AND COORDINATED TALENT SHOWS AND CREATIVE ARTS PROGRAMS FOR THE COMMUNITY. 166963 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 4 0 1 10 1 0 0 0 0 0 0 0 0 0 0 X 13 11 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 PA X REV LOUIS A BUTCHER JR 7175091342 515 HERSHEY AVENUE LANCASTER PA 17603 LOUIS A BUTCHER JR 20.00 X X 0 69209 32521 C TED DARCUS 30.00 X X 0 0 0 QUINTIN F FREY 4.00 X X 0 0 0 ELLIOTT FOSTER 4.00 X X 0 0 0 GILBERT ABNEY 4.00 X 0 0 0 ROBERT EVARTS 4.00 X 0 0 0 TRACEY FLETCHER 4.00 X 0 0 0 MARVIN C KELLEY 4.00 X 0 0 0 TODD LINDSLEY 4.00 X 0 0 0 STEVEN O'DAY 4.00 X 0 0 0 STAN SAUNDERS 4.00 X 0 0 0 SIDNEY SHEPPARD 4.00 X 0 0 0 KAREN D THOMAS 4.00 X 0 0 0 0 69209 32521 0 0 0 0 0 16048 8195 50315 27465 102023 RENTAL INCOME 531120 201974 201974 PROGRAM INCOME 900099 19443 19443 221417 95 95 11577 50315 28733 -17156 -17156 MISCELLANEOUS 900099 84 84 84 306463 221501 0 -17061 40691 10173 20345 10173 44724 22362 8945 13417 260 130 52 78 6358 3179 1272 1907 7350 7350 76309 20914 34481 20914 13331 6604 123 6604 66598 30677 33299 2622 944 236 472 236 36157 36157 69724 52294 17430 7028 3514 3514 TELEPHONE 11882 2376 5941 3565 PROGRAM EXPENSES 9743 9743 0 0 EQUIPMENT RENTAL 8726 4363 4363 0 OPERATING EXPENSE 1123 281 561 281 1057 117 382 558 402005 166963 174687 60355 4059 4447 125547 86387 12500 12500 46241 97558 105 3572016 812784 2828956 2759232 4711 4216 3022014 2964445 9226 12914 906253 875634 35000 0 20781 121262 971260 1009810 X 1958828 1942135 91926 12500 2050754 1954635 3022014 2964445 X -95542 -577 X X 1 0 1 X 0 X 102999 139965 111903 94318 102023 551208 218957 256572 212423 232789 221501 1142242 321956 396537 324326 327107 323524 1693450 8000 8000 0 8000 8000 1685450 9665 768 72 107 95 10707 9665 768 72 107 95 10707 71830 49068 97504 738187 4911 961500 403451 446373 421902 1065401 328530 2665657 0.63230 0.71680 0.00400 0.00730 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE DEBT FORGIVENESS INCOME SPECIAL EVENTS (SUMMERFEST, ETC.) RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3223491 469877 2753614 348525 342907 5618 2759232 PAYABLE TO A RELATED ENTITY 121262 121262 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE COMPANY, INCLUDING WHETHER THE ENTITY IS EXEMPT FROM INCOME TAXES. MANAGEMENT EVALUATED THE TAX POSITIONS TAKEN AND CONCLUDED THAT THE COMPANY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE COMPANY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE DECEMBER 31, 2008. RECOGNITION DINNER 12416 10916 1500 105 54 1500 749 SUMMERFEST 40637 33971 6666 2100 0 5882 0 3446 11118 1 7705 4990 2715 368 1890 825 60758 49877 10881 2100 473 7826 2325 3446 11867 28037 -17156 STACY M KELLEY STACY KELLEY, WIFE OF BOARD MEMBER MARVIN KELLEY IS AN EMPLOYEE OF BSOC 35360 PAID EMPLOYEE OF BRIGHT SIDE OPPORTUNITIES CORPORATION 0 NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 BETTER TOMORROW - A PROGRAM TO MOTIVATE MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS TO OVERCOME BARRIERS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DID NOT KEEP MINUTES OF COMMITTEE MEETINGS CONSISTENTLY. FORM 990, PART VI, SECTION B, LINE 11 INDEPENDENT ACCOUNTANT PROVIDES A DRAFT OF THE 990 TO THE CHAIRMAN OF THE BOARD AND BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 BOARD MEMBERS ARE ENCOURAGED TO DISCLOSE CONFLICTS ON A CASE BY CASE BASIS AS THEY ARISE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT HAVE AN OFFICIAL POLICY; HOWEVER, THEY MAKE NUMEROUS DOCUMENTS AVAILABLE TO AGENCIES, FUNDERS, AND INDIVIDUALS UPON REQUEST. ALSO, IF ASSISTANCE IS NEEDED IN REGARD TO THE AMERICANS WITH DISABILITIES ACT, THE ORGANIZATION WILL PROVIDE IT. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -577. 990, PART XII, LINE 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE REVIEWED FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BRIGHT SIDE MISSIONARY BAPTIST CHURCH 515 HERSHEY AVE PO BOX 1544 LANCASTER PA 176081544 232218488 CHURCH PA 501(C)(3) 170(B)(1)(A)(I) N/A 0 1 0 0 1 1 0 0 0 1 1 0 0 0 1 0 0 0 0