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Florida · Nonprofit

BRIGHT COMMUNITY TRUST INC

BRIGHT COMMUNITY TRUST INC (Florida) receives grants from 7 organizations whose IRS filings report $382,220 to it, the largest being SOUTHWEST FLORIDA COMMUNITY FOUNDATION INC ($170,000). 3 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$551k
Funders on record
7
Grants received
$382k
Net assets
$14M
3/7 repeat funderspeak grant-dependency 13%
01What it does

What Bright Community Trust Inc does

Mission

To utilize land trusts as a vehicle to facilitate the ownership and development of affordable housing projects within the state of florida.

As stated on its FY2025 Form 990.

Program

  1. Bright community trust's focus is the development of new construction homes for rent or sale to work force and lower income families. Utilizing a community land trust the properties stay affordably attainable for generations. Education and ongoing mentorship is provided to the homebuyer/homeowner.

    $492,771 spent$107,236 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $492,771.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.1M) Expenses 100 ($1.1M) Net assets 100 ($14M)2018 Revenue 76 ($854k) Expenses 108 ($1.2M) Net assets 98 ($14M)2019 Revenue 108 ($1.2M) Expenses 222 ($2.4M) Net assets 90 ($13M)2020 Revenue 113 ($1.3M) Expenses 135 ($1.5M) Net assets 88 ($13M)2021 Revenue 198 ($2.2M) Expenses 111 ($1.2M) Net assets 96 ($14M)2022 Revenue 116 ($1.3M) Expenses 158 ($1.7M) Net assets 93 ($13M)2023 Revenue 184 ($2.1M) Expenses 109 ($1.2M) Net assets 99 ($14M)2024 Revenue 56 ($635k) Expenses 55 ($597k) Net assets 98 ($14M)2025 Revenue 49 ($551k) Expenses 34 ($361k) Net assets 100 ($14M)
'17'18'19'20'21'22'23'24'25
Revenue (49)Expenses (34)Net assets (100)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $17M to $15M (−11%).

$18M
$18M
$16M
$17M
$17M
$17M
$15M
$16M
$15M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 21% · 2018 5% · 2019 25% · 2020 9% · 2021 51% · 2022 27%. Grants only. Government contracts and fees sit inside program revenue.

78% of BRIGHT COMMUNITY TRUST INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (37% for the typical peer).

This organization
Typical peer · 8,334 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$54k
’17
−$306k
’18
−$1.2M
’19
−$171k
’20
$1.0M
’21
−$393k
’22
$909k
’23
$39k
’24
$189k
’25
28
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Francis Wells

CEO/president

Board chair

Thomas Shelly

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed1312101096799
Joined·+1+1+3+2+0+2+2+1
No longer listed·23333101
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $15k → $180k.

4 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 58% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BRIGHT COMMUNITY TRUST INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BRIGHT COMMUNITY TRUST INC leans on a few funders — its largest provides 44% of grant income and the top three 85%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

67% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BRIGHT COMMUNITY TRUST INC.

44%
largest funder
85%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 67% · 2023 94% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

58% of BRIGHT COMMUNITY TRUST INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $162k that is directly attributable, 88% of it comes from Florida funders.

NY
FL

In-state vs out-of-state, by year

’17
’18
’22
Florida out of state home

Funder states come from each funder’s own filing. $220k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BRIGHT COMMUNITY TRUST INC runs a healthier operating margin than three-quarters of the 4,980 housing & shelter nonprofits its size.

Operating margin34% · top quartile
Months of reserve27.9mo · top quartile
Revenue growth (annualized)−9% · bottom quartile

this organization peer median middle 50% of peers· 4,980 housing & shelter nonprofits $100k–$1M, FY2025

Government funding BRIGHT COMMUNITY TRUST INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $63k on record.

Federal$63k
grants $63kcontracts $0
17
18
20
Top agencies
  • Department of Housing and Urban Development$63k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like BRIGHT COMMUNITY TRUST INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

74% of spending goes to programs.

Program 74%Management 26%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

FL

Screen this organization

A dated, signed PDF of the compliance screen for BRIGHT COMMUNITY TRUST INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BRIGHT COMMUNITY TRUST INC?
BRIGHT COMMUNITY TRUST INC (Florida) receives grants from 7 organizations whose IRS filings report $382,220 to it, the largest being SOUTHWEST FLORIDA COMMUNITY FOUNDATION INC ($170,000). 3 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does BRIGHT COMMUNITY TRUST INC have?
IRS filings report 7 organizations giving $382,220 in grants to BRIGHT COMMUNITY TRUST INC, 3 of which have funded it in more than one year.
Who is the largest funder of BRIGHT COMMUNITY TRUST INC?
SOUTHWEST FLORIDA COMMUNITY FOUNDATION INC is the largest funder on record, with $170,000 in grants. The full list of funders is on this page.
How can an organization like BRIGHT COMMUNITY TRUST INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing