Bright Springs Foundation

Murfreesboro, TNUnknown exempt organizationEIN 46-3375433

On file with the IRSbrightsprings.org2615 Med Ctr Pkwy Ste 1560 Box 245 · Murfreesboro, TN

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According to the certificate of incorporation, the purpose of the corporation is to receive, administer and expend funds for charitable and educational purposes within the meaning of section 501(c)(3), including; educate the public on global christian evangelism; to engage in other charitable activities as determined by the board of directors; to engage in any and all lawful activities incidental to the foregoing purposes.

Run by 2 volunteers and 3 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990-EZIndependent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $80K a year · 3% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
By yearFY2020–FY2024
Revenue
—
FY2024
Tap a bar for its year
Revenue by fiscal year
FY2020$2.5M
FY2021$1.5M
FY2022$2.1M
FY2023$4.8M
FY2024Not on file
Expenses
—
FY2024
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Expenses by fiscal year
FY2020$2.1M
FY2021$1.6M
FY2022$2.4M
FY2023$4.5M
FY2024Not on file
Net assets
—
FY2024
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Net assets by fiscal year
FY2020$759K
FY2021$605K
FY2022$315K
FY2023$659K
FY2024Not on file

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

3 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President/Di
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2023FY2020
Ken Stephens—$20,000
David R Shepherd$15,000—
Timothy Schierbeek$10,000—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Programs and updates

Educates the public on global Christian evangelism and engages in other charitable activities.

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Provided by the organization

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1 program · $4.5M · in their own filed words · FY2023
01

Educate the public on global christian evangelism; to engage in other charitable activities.

$4.5Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$10K
Grants paid · 9 grants · $3.2M · 2020–2023
National Christian Charitable FoundFY2023$1,550,000
Campus Crusade for ChristFY2023$500,000
Wedgewood Circle InstituteFY2023$250,000
Campus Crusade for ChristFY2022$350,000
National Christian Charitable FoundFY2022$200,000
Wedgewood Circle InstituteFY2022$150,000
Campus Crusade for ChristFY2020$170,000
Global Bible InitiativeFY2020$48,700
Individual RecipientFY2020$6,500

By the numbers

The FY2024 990-EZ, line by line.

1The main four
People
3
listed
Paid0
2In more detail
Operations
Employees3
Volunteers2
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing 990 PDF
FY2023 $4.8M$4.5M$345K$659K 990 PDF
FY2022 $2.1M$2.4M−$291K$315K 990 PDF
FY2021 $1.5M$1.6M−$154K$605K 990 PDF
FY2020 $2.5M$2.1M$418K$759K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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