BRIGHTSTONE INC: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
BRIGHTSTONE INC (EIN 62-1783260)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-08-10
IRS object ID
202622229349301367
Schema version
2025v4.0
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)
Return2026-08-10T13:27:36-04:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

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 Line1101 WINNERS CIRCLEAddressLine1Txt
CityBRENTWOODCityNm
State AbbreviationTNStateAbbreviationCd
ZIP370272304ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

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 Line13000 BRIGHTSTONE PARKWAYAddressLine1Txt
CityFRANKLINCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37064ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLEE ROSEPersonNm
Person TitleCEO/PRESIDENTPersonTitleTxt
Phone6157946219PhoneNum
Signature2026-08-10SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMIKE DUNN CPAPreparerPersonNm
PTINP00038531PTIN
Phone6153733771PhoneNum
Preparation2026-08-10PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLEE ROSEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13000 BRIGHTSTONE PARKWAYAddressLine1Txt
CityFRANKLINCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37064ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,148,039GrossReceiptsAmt
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 WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee57TotalEmployeeCnt
Total Volunteers153TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$4,271,681PYContributionsGrantsAmt
CY Contributions Grants$3,597,500CYContributionsGrantsAmt
PY Program Service Revenue$900,724PYProgramServiceRevenueAmt
CY Program Service Revenue$1,185,074CYProgramServiceRevenueAmt
PY Investment Income$43,630PYInvestmentIncomeAmt
CY Investment Income$94,545CYInvestmentIncomeAmt
PY Other Revenue-$50,291PYOtherRevenueAmt
CY Other Revenue-$148,262CYOtherRevenueAmt
PY Total Revenue$5,165,744PYTotalRevenueAmt
CY Total Revenue$4,728,857CYTotalRevenueAmt
PY Grants And Similar Paid$64,952PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$90,690CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,890,372PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,365,582CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$764,538CYTotalFundraisingExpenseAmt
PY Other Expenses$1,221,220PYOtherExpensesAmt
CY Other Expenses$1,451,070CYOtherExpensesAmt
PY Total Expenses$3,176,544PYTotalExpensesAmt
CY Total Expenses$3,907,342CYTotalExpensesAmt
PY Revenues Less Expenses$1,989,200PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$821,515CYRevenuesLessExpensesAmt
Total Assets BOY$23,901,858TotalAssetsBOYAmt
Total Assets EOY$24,763,375TotalAssetsEOYAmt
Total Liabilities BOY$61,867TotalLiabilitiesBOYAmt
Total Liabilities EOY$101,869TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$23,839,991NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$24,661,506NetAssetsOrFundBalancesEOYAmt
MissionBRIGHTSTONE IS A RESOURCE IN THE COMMUNITY FOUNDED TO PROVIDE FOR THE MULTIPLE NEEDS OF ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$2,241,383ExpenseAmt
Grant$90,690GrantAmt
Revenue$1,185,074RevenueAmt
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

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$477,616ExpenseAmt
DescBRIGHTSTONE'S RESIDENTIAL HOMES EMPOWER ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES TO THRIVE IN A SUPPORTIVE ENVIRONMENT. BRIGHTSTONE IS DEDICATED TO FOSTERING INCLUSIVE PARTICIPATION IN COMMUNITY LIFE, ENSURING THAT EACH INDIVIDUAL IS SAFE, RESPECTED, AND VALUED. THROUGH LIFE SKILLS EDUCATION AND LEARNING OPPORTUNITIES, WE HELP RESIDENTS DEVELOP CONFIDENCE, BUILD SKILLS, AND FOSTER SOCIAL CONNECTIONS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,718,999TotalProgramServiceExpensesAmt
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
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
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 RequiredYes (true)ScheduleJRequiredInd
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 With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
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 Document41IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee57EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
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
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
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 BodyYes (true)Form990ProvidedToGvrnBodyInd
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)
PersonLEE ROSEPersonNm
Phone6157904888PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13000 BRIGHTSTONE PARKWAYAddressLine1Txt
CityFRANKLINCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37064ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
LEE ROSE
CEO/PRESIDEN4.00Yes (X)Yes (X)$156,202$0$9,123
MIKE CAIRNES
CHAIRMAN0.70Yes (X)Yes (X)$0$0$0
BECKY HARRELL
VICE CHAIR1.50Yes (X)Yes (X)$0$0$0
DON STINNETT
SECRETARY1.00Yes (X)Yes (X)$0$0$0
JARED KING
TREASURER0.50Yes (X)Yes (X)$0$0$0
DR IAN BYRAM
DIRECTOR0.30Yes (X)$0$0$0
ROBERT CARROLL
DIRECTOR0.70Yes (X)$0$0$0
LARRY CRANCH
DIRECTOR0.50Yes (X)$0$0$0
TYLER ECK
DIRECTOR0.30Yes (X)$0$0$0
SEAN FERRELL
DIRECTOR0.30Yes (X)$0$0$0
DR CAROLINE HILLYARD
DIRECTOR0.80Yes (X)$0$0$0
KENT HOLDCROFT
DIRECTOR0.30Yes (X)$0$0$0
SENATOR JACK JOHNSON
DIRECTOR0.40Yes (X)$0$0$0
JESSICA BORNE
DIRECTOR0.40Yes (X)$0$0$0
JIM LACKEY
DIRECTOR0.40Yes (X)$0$0$0
MEGAN SCHNEIDER
DIRECTOR0.40Yes (X)$0$0$0
BOB SPECK
DIRECTOR0.60Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$156,202TotalReportableCompFromOrgAmt
Total Other Compensation$9,123TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$940,726FundraisingAmt
All Other Contributions$2,656,774AllOtherContributionsAmt
Noncash Contributions$143,879NoncashContributionsAmt
Total Contributions$3,597,500TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SCHOOL TUITION$810,716$810,716
FEES$374,358$374,358
FieldValueIRS element (for citing)
Total Program Service Revenue$1,185,074TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$94,545TotalRevenueColumnAmt
Exclusion$94,545ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$135,978RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$101,747RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$34,231RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$34,231TotalRevenueColumnAmt
Related Or Exempt Func Income$34,231RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$133,926FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$940,726ContriRptFundraisingEventAmt
Fundraising Direct Expenses$317,435FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$183,509TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Total Revenue Column$1,016TotalRevenueColumnAmt
Related Or Exempt Func Income$1,016RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,016OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,728,857TotalRevenueColumnAmt
Related Or Exempt Func Income$1,220,321RelatedOrExemptFuncIncomeAmt
Exclusion$94,545ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$90,690TotalAmt
Program Services$90,690ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$156,202TotalAmt
Program Services$73,415ProgramServicesAmt
Management And General$48,423ManagementAndGeneralAmt
Fundraising$34,364FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,916,206TotalAmt
Program Services$1,294,537ProgramServicesAmt
Management And General$155,304ManagementAndGeneralAmt
Fundraising$466,365FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$146,197TotalAmt
Program Services$92,357ProgramServicesAmt
Management And General$25,779ManagementAndGeneralAmt
Fundraising$28,061FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$146,977TotalAmt
Program Services$92,850ProgramServicesAmt
Management And General$25,917ManagementAndGeneralAmt
Fundraising$28,210FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$11,750TotalAmt
Management And General$11,750ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$101,056TotalAmt
Program Services$40,892ProgramServicesAmt
Management And General$45,360ManagementAndGeneralAmt
Fundraising$14,804FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$442,518TotalAmt
Program Services$388,626ProgramServicesAmt
Management And General$34,390ManagementAndGeneralAmt
Fundraising$19,502FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$35,275TotalAmt
Program Services$33,146ProgramServicesAmt
Management And General$1,966ManagementAndGeneralAmt
Fundraising$163FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$483,826TotalAmt
Program Services$408,079ProgramServicesAmt
Management And General$57,031ManagementAndGeneralAmt
Fundraising$18,716FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
COMMUNITY RELATIONS$146,192$31,027$8,420$106,745
LUNCHES$81,171$81,171
TEACHING SUPPLIES$44,487$44,371$116
BANKING FEES$36,765$9,442$3,251$24,072

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$68,030TotalAmt
Program Services$38,396ProgramServicesAmt
Management And General$6,098ManagementAndGeneralAmt
Fundraising$23,536FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,907,342TotalAmt
Program Services$2,718,999ProgramServicesAmt
Management And General$423,805ManagementAndGeneralAmt
Fundraising$764,538FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$314,080BOYAmt
EOY$309,014EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,089,058BOYAmt
EOY$4,342,782EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,398,397BOYAmt
EOY$513,563EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$12,018BOYAmt
EOY$29,246EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$90,773BOYAmt
EOY$75,601EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$20,413,622LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,794,768LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$18,914,982BOYAmt
EOY$18,618,854EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$82,550BOYAmt
EOY$874,315EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$23,901,858BOYAmt
EOY$24,763,375EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$47,907BOYAmt
EOY$65,269EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$13,960BOYAmt
EOY$36,600EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$61,867BOYAmt
EOY$101,869EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$20,959,790BOYAmt
EOY$22,509,899EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,880,201BOYAmt
EOY$2,151,607EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$23,839,991BOYAmt
EOY$24,661,506EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$23,901,858BOYAmt
EOY$24,763,375EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$821,515ReconcilationRevenueExpnssAmt
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$3,778,908OtherCostOrOtherBasisAmt
Book Value$3,778,908BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,635,922OtherCostOrOtherBasisAmt
Depreciation$1,363,014DepreciationAmt
Book Value$14,272,908BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$998,792OtherCostOrOtherBasisAmt
Depreciation$431,754DepreciationAmt
Book Value$567,038BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$18,618,854TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$4,872,313TotalRevEtcAuditedFinclStmtAmt
Other Revenue$143,456OtherRevenueAmt
Revenue Not Reported$143,456RevenueNotReportedAmt
Revenue Subtotal$4,728,857RevenueSubtotalAmt
Total Revenue Per Form990$4,728,857TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,050,798TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$143,456OtherExpensesIncludedAmt
Expenses Not Reported$143,456ExpensesNotReportedAmt
Expenses Subtotal$3,907,342ExpensesSubtotalAmt
Total Expenses Per Form990$3,907,342TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 4, PART XI, LINE 2DFUNDRAISING EXPENSES NETTED AGAINST REVENUE 143,456
SCHEDULE D, PAGE 4, PART XII, LINE 2DFUNDRAISING EXPENSES NETTED AGAINST REVENUE 143,456

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 POSTED ON THE ORGANIZATION'S WEBSITE AND IS PUBLISHED IN STUDENT ADMISSION-RELATED MATERIALS.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1BENEFITSEvent1Nm
Gross Receipts Event1$1,018,452GrossReceiptsEvent1Amt
Charitable Contri Event1$940,726CharitableContriEvent1Amt
Gross Revenue Event1$77,726GrossRevenueEvent1Amt
Non Cash Prizes Event1$4,120NonCashPrizesEvent1Amt
Rent Facility Costs Event1$35,361RentFacilityCostsEvent1Amt
Food And Beverage Event1$39,463FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$212,816OtherDirectExpensesEvent1Amt
Event2CRAFT FAIRSEvent2Nm
Gross Receipts Event2$56,200GrossReceiptsEvent2Amt
Gross Revenue Event2$56,200GrossRevenueEvent2Amt
Other Direct Expenses Event2$25,675OtherDirectExpensesEvent2Amt
Gross Receipts Total$1,074,652GrossReceiptsTotalAmt
Charitable Contributions Tot$940,726CharitableContributionsTotAmt
Gross Revenue Total Events$133,926GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$4,120NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$35,361RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$39,463FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$238,491OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$317,435DirectExpenseSummaryEventsAmt
Net Income Summary-$183,509NetIncomeSummaryAmt

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
Recipient13RecipientCnt
Cash Grant$90,690CashGrantAmt
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 J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonLEE ROSEPersonNm
TitleCEO/PRESIDENTTitleTxt
Base Compensation Filing Org$156,202BaseCompensationFilingOrgAmt
Nontaxable Benefits Filing Org$9,123NontaxableBenefitsFilingOrgAmt
Total Compensation Filing Org$165,325TotalCompensationFilingOrgAmt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution9ContributionCnt
Noncash Contributions Rpt F990$105,725NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)PRIZES4$25,040FAIR MARKET VALUE
Yes (X)SUPPLIES13$13,114FAIR MARKET VALUE
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. THE SIGNED DOCUMENT IS RETAINED BY THE BOARD PRESIDENT. THE POLICY IS REVIEWED YEARLY AT THE REGULAR ANNUAL BOARD MEETING AT WHICH TIME EACH DIRECTOR SIGNS A CONFLICT OF INTEREST CERTIFICATION FORM VERIFYING THEIR COMPLIANCE TO THE POLICY. 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/CEO 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 FEBRUARY MEETING EACH YEAR.
FORM 990, PAGE 6, PART VI, LINE 15BCOMPENSATION OF THE MANAGEMENT TEAM OF BRIGHTSTONE (CHIEF OF STAFF, DIRECTOR OF FUND DEVELOPMENT, DIRECTOR OF PROGRAMMING AND DIRECTOR OF FINANCE) HAS BEEN DETERMINED FOLLOWING A REVIEW OF COMPENSATION OF OTHER SIMILAR POSITIONS IN THE AREA AND REVIEW, SUBSTANTIATION, AND DECISION BY THE PRESIDENT/CEO. 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, CURRENT AND PRIOR YEAR AUDITED FINANCIAL STATEMENTS, TAX RETURNS AND BUDGETS ARE AVAILABLE AT: HTTPS://ROUNDTABLE.GIVINGMATTERS.COM/ORGANIZATIONS/463. 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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