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Nonprofiteer
← BRIGHT SIDE OPPORTUNITIES CORPORATION

Form 990 for tax year 2023

Filed by BRIGHT SIDE OPPORTUNITIES CORPORATION.

Totals

Total revenue
$1,376,771
Total expenses
$926,818
Contributions and grants received
$998,029
Grants paid
$0
Program service revenue
$340,047
Investment income
$1,048
Other revenue
$37,647
Total assets, end of year
$3,372,226
Total liabilities, end of year
$943,830
Net assets or fund balances, end of year
$2,428,396
Program services expenses (Part IX)
$672,642
Management and general expenses
$227,776
Fundraising expenses
$26,400
Program service expenses (Part III)
$672,642

Program services were 72.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $998,029

  • 1g · Noncash contributions included above

    $20,000

  • 2a · Program service revenue: RENTAL INCOME

    total $248,713 · related or exempt $248,713

  • 2b · Program service revenue: FITNESS CENTER DUES

    total $45,998 · related or exempt $45,998

  • 2c · Program service revenue: FITNESS CENTER PROGRAMS

    total $45,336 · related or exempt $45,336

  • 3 · Investment income

    total $1,048 · related or exempt $1,048

  • 8a · Fundraising events: gross income

    $76,296

  • 8b · Fundraising events: direct expenses

    $48,133

  • 8c · Net income from fundraising events

    total $28,163

  • 11a · Other revenue: RENTAL ASSISTANCE REVENUE

    total $5,663 · related or exempt $5,663

  • 11b · Other revenue: OTHER INCOME

    total $3,821 · related or exempt $3,821

  • 11e · Other revenue, total

    $9,484

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $97,185 · program services $70,945 · management and general $24,296 · fundraising $1,944

  • 7 · Other salaries and wages

    total $302,906 · program services $239,479 · management and general $58,729 · fundraising $4,698

  • 9 · Other employee benefits

    total $14,396 · program services $10,509 · management and general $3,599 · fundraising $288

  • 10 · Payroll taxes

    total $48,227 · program services $35,206 · management and general $12,057 · fundraising $964

  • 11c · Fees: accounting

    total $30,028 · program services $22,521 · management and general $7,507

  • 11g · Fees: other

    total $59,066 · program services $43,357 · management and general $14,452 · fundraising $1,257

  • 16 · Occupancy

    total $46,457 · program services $35,269 · management and general $9,598 · fundraising $1,590

  • 17 · Travel

    total $17,207 · program services $4,997 · management and general $9,158 · fundraising $3,052

  • 20 · Interest

    total $50,180 · management and general $50,180

  • 22 · Depreciation, depletion and amortization

    total $116,156 · program services $87,117 · management and general $29,039

  • 23 · Insurance

    total $13,720 · program services $10,290 · management and general $3,430

  • 24a · Other expenses: SUPPLIES

    total $40,803 · program services $25,989 · fundraising $14,814

  • 24b · Other expenses: STIPEND FOR STUDENTS

    total $25,500 · program services $25,500

  • 24c · Other expenses: FOOD & BEVERAGE

    total $23,255 · program services $8,557 · fundraising $14,698

  • 24d · Other expenses: OPERATING EXPENSE

    total $22,644 · program services $16,983 · management and general $5,661

  • 24e · All other expenses

    total $19,088 · program services $35,923 · management and general $70 · fundraising -$16,905

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $352,334 · end of year $219,016

  • 2 · Savings and temporary cash investments

    beginning of year $62,884 · end of year $42,153

  • 3 · Pledges and grants receivable

    beginning of year $27,019 · end of year $543,818

  • 4 · Accounts receivable

    beginning of year $2,391 · end of year $5,370

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,034 · end of year $17,445

  • 10a · Land, buildings and equipment: cost or other basis

    $4,043,314

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,822,970

  • 10c · Land, buildings and equipment, net

    beginning of year $2,170,105 · end of year $2,220,344

  • 15 · Other assets

    beginning of year $335,256 · end of year $324,080

  • 17 · Accounts payable and accrued expenses

    beginning of year $26,217 · end of year $33,226

  • 19 · Deferred revenue

    beginning of year $2,060 · end of year $2,240

  • 23 · Secured mortgages and notes payable

    beginning of year $610,483 · end of year $565,544

  • 25 · Other liabilities

    beginning of year $341,820 · end of year $342,820

  • 27 · Net assets without donor restrictions

    beginning of year $1,796,125 · end of year $1,749,312

  • 28 · Net assets with donor restrictions

    beginning of year $182,318 · end of year $679,084

Mission and programs · 2023

Mission

WE PROVIDE OPPORTUNITIES DEDICATED TO INDIVIDUAL ACHIEVEMENT AND TO STRENGTHENING THE COMMUNITY THROUGH COLLABORATION AND PROGRAMS THAT ARE EDUCATIONAL AND INCLUSIVE WITH A CONCENTRATION ON STEM EDUCATION

  • THE BRIGHT SIDE OPPORTUNITIES CENTER PLAYS A CRUCIAL ROLE IN SERVING ITS COMMUNITY THROUGH BOTH DIRECT SERVICES AND MAKING ITS SPACE AVAILABLE FOR VARIOUS COMMUNITY NEEDS. HERE'S A BREAKDOWN OF THE SERVICES AND SUPPORT IT PROVIDES: 1.YOUTH PROGRAMS: THE CENTER OPERATES YOUTH PROGRAMS THAT SERVE OVER 500 YOUNG INDIVIDUALS. THESE PROGRAMS LIKELY INCLUDE EDUCATIONAL, RECREATIONAL, AND WORKFORCE DEVELOPMENT, SKILL-BUILDING ACTIVITIES TO SUPPORT THE PERSONAL DEVELOPMENT AND WELL-BEING OF THE YOUTH IN THE COMMUNITY. 2.FITNESS CENTER: THE FITNESS CENTER AT THE BRIGHT SIDE OPPORTUNITIES CENTER MEETS THE HEALTH AND FITNESS NEEDS OF OVER 450 MEMBERS. THIS PROVIDES A SPACE FOR INDIVIDUALS OF ALL AGES TO ENGAGE IN PHYSICAL ACTIVITIES, PROMOTING A HEALTHY LIFESTYLE. 3.WEEKLY FOOD SHARE PROGRAM: THE CENTER RUNS A WEEKLY FOOD SHARE PROGRAM THAT SERVES OVER 2,000 FOOD-INSECURE FAMILIES IN THE COMMUNITY. THIS ESSENTIAL SERVICE HELPS ADDRESS FOOD INSECURITY AND ENSURES THAT FAMILIES HAVE ACCESS TO NUTRITIOUS MEALS. 4.HEALTHCARE AND SOCIAL WORK SERVICES: IN PARTNERSHIP WITH OTHER ORGANIZATIONS, THE CENTER MAKES ITS SPACE AVAILABLE FOR HEALTH CARE AND SOCIAL SERVICES. THIS HAS LED TO OVER 1,000 MEN, WOMEN, AND CHILDREN RECEIVING THESE VITAL SERVICES. THE PRESENCE OF A FEDERALLY QUALIFIED HEALTH CENTER WITHIN THE FACILITY ENSURES THAT COMMUNITY MEMBERS HAVE ACCESS TO MEDICAL CARE AND SUPPORT FOR THEIR HEALTH AS WELL AS THEIR SOCIAL AND EMOTIONAL WELL-BEING. ADDITIONALLY, A STATE AGENCY THAT WORKS WITH PEOPLE WITH DISABILITIES AND HELPS THEM MAINTAIN EMPLOYMENT IS HOUSED AT OUR FACILITY. ALONG WITH AN ORGANIZATION THAT WORK WITH REFUGEES, PROVIDING ESL CLASSES AND CHILDCARE WHILE THE WOMEN ARE IN SESSION. THE BRIGHT SIDE OPPORTUNITIES CENTER'S DUAL APPROACH OF PROVIDING DIRECT SERVICES AND OFFERING SPACE TO PARTNERS UNDERSCORES ITS COMMITMENT TO IMPROVING THE LIVES OF THE PEOPLE IN ITS COMMUNITY. THESE SERVICES ADDRESS A RANGE OF NEEDS, INCLUDING EDUCATION, WORKFORCE DEVELOPMENT, FITNESS, FOOD SECURITY, AND HEALTHCARE, MAKING A POSITIVE IMPACT ON THE WELL-BEING OF INDIVIDUALS AND FAMILIES IN THE AREA.

    Expenses $576,357 · Revenue $248,713

  • EXPOSING STUDENTS TO VARIOUS CAREERS IN THE FIELDS OF STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS) IS THE GOAL TO INSPIRE AND PREPARE THEM FOR THE FUTURE. FOCUSING ON DIFFERENT STEM DISCIPLINES EACH DAY AND BRIDGING THE GAP BETWEEN BUSINESS AND EDUCATION, IS A THE WAY WE ACHIEVE THIS GOAL. A MAJOR ASPECT OF OUR PROGRAM INCLUDES COLLABORATION BETWEEN BUSINESS AND EDUCATION THROUGH CAREER CONNECTORS. BY INCORPORATING THESE ELEMENTS INTO OUR PROGRAM, WE ARE NOT ONLY BROADENING STUDENTS' HORIZONS IN STEM BUT ALSO CREATING A COMPREHENSIVE AND ENRICHING LEARNING EXPERIENCE. THIS APPROACH HELPS STUDENTS DEVELOP THE SKILLS AND PASSION NEEDED TO PURSUE SUCCESSFUL CAREERS IN STEM DISCIPLINES.

    Expenses $78,667 · Revenue $200,418

  • THE FITNESS CENTER OPERATED AS NORMAL THIS YEAR, CLASSES RESUMED AND BY THE END OF THE YEAR WE WERE BACK TO OUR NORMAL CAPACITY. MEMBERSHIP INCREASED BY 10% OVER OUR PRE-PANDEMIC NUMBERS. SILVER SNEAKERS CLASSES HAVE GROWN BY 50% AND PICKLEBALL CONTINUES TO GROW AT A SIGNIFICANT LEVEL. THE FACT THAT WE MANAGED TO THRIVE, ATTRACTING NEW MEMBERS AND EXPANDING PROGRAMS, IT'S CLEAR THAT THE OUR COMMITMENT TO HEALTH AND WELLNESS MAKES A POSITIVE IMPACT IN OUR COMMUNITY.

    Expenses $17,618 · Revenue $91,515

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Willonda McCloud

    PRESIDENT &

    Total calculated
    $97,185
    From this org
    $97,185
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Francine Harley

    CHAIR PERSON

    Total calculated
    $0
    Hours/week
    2
  • Greg Adams

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Janet Simms

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Fred Waller

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Petrona Laporte

    IMMEDIATE PA

    Total calculated
    $0
    Hours/week
    1
  • Enelly Betancourt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Salena Coachman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dr Deborah Davis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Barbara Dixon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lillie Farmer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tracy Fletcher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Stacy Kelley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Revjohn Knight Pastor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Cedric Patterson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Stan Saunders

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Deborah Thomas

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dr Erika Wilkinson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • BRIGHTSIDE BAPTIST CHURCH

Provenance

Return type
form_990
Tax year
2023
Filed
18 September 2024
IRS schema version
2023v5.0
Source object
202422719349300632

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