Nonprofit · EIN 84-1814680
FOUNDATION FOR BRIGHT FUTURE
Tax-exempt · FREMONT, CA 94536
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $53,665 | $40,472 | $13,193 | $31,962 | – | $31,962 |
| December 31, 2024 | 990-EZ | $49,012 | $50,962 | -$1,950 | $18,769 | – | $18,769 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $53,665
Expenses
- Grants and similar amounts paid
- $40,000
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $472
- Program services (functional)
- $40,000
Balance sheet and other
- Total assets, start of year
- $18,769
- Total assets, end of year
- $31,962
- Total liabilities, end of year
- –
- Net assets, end of year
- $31,962
- Cash, savings and investments
- $31,962
- Gross receipts
- $53,665
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHAILESH SHILWANT | CEO | 1 | $0 |
| MRUNALINI DESAI | CFO | 1 | $0 |
| CHANDANA VEMURI | SECRETARY | 1 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHAILESH SHILWANT | CEO | 1 | $0 |
| MRUNALINI DESAI | CFO | 1 | $0 |
| CHANDANA VEMURI | SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 36875 REYNOLDS DR, FREMONT, CA 94536-2508
- In care of
- % MRUNALINI DESAI
- Mailing address (990-N for 2023)
- 36875 REYNOLDS DR, FREMONT CA 94536
- Principal officer (990-N for 2023)
- MRUNALINI DESAI, 36875 REYNOLDS DR, Fremont CA 94536
- Signed the 990-EZ
- MRUNALINI DESAI, CFO
- Phone
- (510) 449-1935
- Return prepared by
- KG GROUP CPA INC
California records
California keeps its own records of charities and corporations. Search them by EIN 84-1814680 or by the name FOUNDATION FOR BRIGHT FUTURE.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
PROMOTE EDUCATION AMONGST UNDERPRIVILEDGED KIDS
Program accomplishments
- GRANT TO TERRE POLICY CENTER FOR FUNDING BALODYAN PROJECT TO PROMOTE EDUCATION FOR UNDER PRIVILEDGED KIDS.Expenses $40,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 84-1814680
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $31,962
- Income (IRS master file)
- $53,665
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $53,665 | $40,472 | $31,962 | IRS |
| 990-EZ | December 2024 | $49,012 | $50,962 | $18,769 | IRS |
| 990-N for 2023 Officer: MRUNALINI DESAI | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: MRUNALINI DESAI | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: MRUNALINI DESAI | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: MRUNALINI DESAI | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-1814680).
Questions about FOUNDATION FOR BRIGHT FUTURE
- What is the EIN of FOUNDATION FOR BRIGHT FUTURE?
- The employer identification number (EIN) of FOUNDATION FOR BRIGHT FUTURE is 84-1814680.
- Is FOUNDATION FOR BRIGHT FUTURE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to FOUNDATION FOR BRIGHT FUTURE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION FOR BRIGHT FUTURE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FOUNDATION FOR BRIGHT FUTURE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOUNDATION FOR BRIGHT FUTURE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of FOUNDATION FOR BRIGHT FUTURE?
- The 990-N for 2023 names MRUNALINI DESAI.
- Who are the officers and directors of FOUNDATION FOR BRIGHT FUTURE?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does FOUNDATION FOR BRIGHT FUTURE have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $53,665, expenses of $40,472 and total assets of $31,962 at year end.
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