BRIGHTER VISION FOUNDATION (EIN 753225106) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

DAHYABHAI N PATEL

Phone

9729895782

Tax Period

2023-01-01 to 2023-12-31

BRIGHTER VISION FOUNDATION, founded in 2003, is a small nonprofit in the Education sector that reported $618K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

ORGANIZED EXCLUSIVELY FOR CHARITABLE, LITERARY AND EDUCATIONAL PURPOSES, INCLUDING ASSISTING IN NATIONAL DISASTER RELIEF PROGRAMS FOR INDIA BY MAKING GIFTS TO CHARITABLE AND GOVERNMENTAL ENTITIES DEMONSTRABLY QUALIFIED TO RECEIVE SUCH GIFTS, AND MAKING GIFTS TO ONE OR MORE SPECIAL SCHOOLS IN INDIA THAT PROVIDE HELP FOR CHILDREN SUFFERING FROM DOWNES SYNDROME AS WELL AS TO ORGANIZATIONS HELPING BLIND PERSONS AND OTHER PERSONS SUFFERING FROM SERIOUS DISABILITIES IN INDIA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $617,550

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $617,550

Expense Breakdown

Grants Paid $630,635

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $630,635

Other Expenses $300

TOTAL EXPENSES $630,935

Year-over-Year Comparison

	2023	2022	Change
Revenue	$617,550	$659,586	-0.1%
Expenses	$630,935	$521,386	+0.2%
Net Income	$-13,385	$138,200	-1.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
AXAY PATEL	Director	Director	$0	$0	$0
NARESH H PATEL	Director	Director	$0	$0	$0
DAHYABHAI N PATEL	President	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$617,550	$630,935	$196,734	$-13,385
2022	$659,586	$521,386	$210,119	$138,200

BRIGHTER VISION FOUNDATION