Bright Faces INC FY2023 filing

Chicago, IL · Public charity (501(c)(3)) · Health Care

✓ Tax-deductible
Revenue
$370K
+29% vs prior year
Spent
$320K
To programs
71%
Net assets
$161K
By yearFY2020–FY2025
Revenue
$370K
FY2023▲ +29%
Revenue by fiscal year
FY2020$518K
FY2021$287K
FY2023$370K
FY2024$144K
FY2025$108K
Expenses
$320K
FY2023▲ +24%
Expenses by fiscal year
FY2020$425K
FY2021$258K
FY2023$320K
FY2024$256K
FY2025$137K
Net assets
$161K
FY2023▲ +790%
Net assets by fiscal year
FY2020−$10K
FY2021$18K
FY2023$161K
FY2024$49K
FY2025$20K

From the FY2023 Form 990 (year ending June 2023) · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CBright Faces INC
EINHdr · item D54-1639160
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFApr 1994
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CChicago, IL
NTEE classificationIRS BMFHealth Care (E12)
WebsiteHdr · item Jwww.brightfaces.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.20 Fundraising $0.09
Program services71%$228K
Management & general20%$64K
Fundraising9%$28K
Total functional expensesLn 25$320K

Financial health

Is it on solid ground?

Program efficiency
71%
of spending reaches programs
Operating runway
6.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+14%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$161K
FY2023▲ +209%
Total assets by fiscal year
FY2020$228K
FY2021$52K
FY2023$161K
FY2024$55K
FY2025$24K
Total liabilities
$670
FY2023▼ -98%
Total liabilities by fiscal year
FY2020$239K
FY2021$34K
FY2023$670
FY2024$6K
FY2025$4K
Revenue less expensesPt I · Ln 19$50K
Total assetsPt X · Ln 16$161K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Balance Sheet

Part X · end of year
CashLn 1$160K
Total assetsLn 16$161K
Total liabilitiesLn 26$670
Total net assetsLn 32$161K
Months of cash on handcomputed6.0

Statement of Revenue

Part VIII
Contributions & grants110%$407K
Total revenueLn 12$370K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $160K · Operating expenses/yr $320K
6.0 months
Where the money goes
Program services
Program services $228K · Total expenses $320K
71%
Management & General
Management & general $64K · Total expenses $320K
20%
Fundraising
Fundraising $28K · Total expenses $320K
9%
Cost to raise $1
Fundraising expense (2-yr avg) $48K · Solicited contributions (2-yr avg) $336K
$0.14 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $407K · Total revenue $370K
110%
Government reliance
Government grants — · Total revenue $370K
—
Earned-income share
Program service revenue $0 · Total revenue $370K
0%
Investment reliance
Investment income $0 · Total revenue $370K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $320K
0%
Growth & trend
Revenue growth (YoY)
This year $370K · Prior year $287K
+29%
Net-asset trend (YoY)
End of year $161K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $370K · Expenses $320K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $161K
—
Net-asset ratio
Net assets $161K · Total assets $161K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $161K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual James Fox · Reported title CEO · Highest reported compensation $83K · Total expenses $320K
26%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $36K · Total expenses $320K
11%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%——
Overhead ratio 20%——
Fundraising cost ratio 7%——
Revenue growth 29%——
Legal fee ratio 0.2%——
Accounting fee ratio 5%——
Fundraising fee ratio 0.3%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$83,333Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Chairma
$0Pt VII · Sec A

James Fox’s $83K as CEO is at the 68th percentile of top reported officer pay among 1980 $100K–1M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2021FY2020
James Fox$83,333$62,500$92,958

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.

See Bright Faces INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 6Voting board membersPt VI · Ln 1a
  • 6Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2Yes

Mission and programs

What it does.

Provide surgeries and care for children with cleft lips and palates who lack resources.

Provided by the organization

This section is blank until Bright Faces INC claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $228K of program spending, described in the organization's own filed words · FY2022.
01

The purpose of bright faces, inc. (F/K/A stop cleft - international alliance) is to develop and implement a strategic approach to increasing the number of persons with cleft lips AND/OR cleft palates who are treated surgically, and the efficiency with which they are treated, through the performance, directly or indirectly, of surgical…

$228Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$56K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $108K$137K-25% 990 PDF
FY2024 $144K$256K-61% 990 PDF
FY2023 Viewing $370K$320K+29% 990 PDF
FY2022 Not on file
FY2021 $287K$258K-45% 990 PDF
FY2020 $518K$425K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Bright Faces INC →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.