BrightStone, Inc.
140 Southeast Parkway Court
Franklin TN 37064
Mission Statement
BrightStone provides comprehensive work, social support, and future residential services for adults with special needs expanding their potential and helping them develop mentally, physically, socially, emotionally and spiritually.
Leadership
CEO/Executive Director Mrs. Brenda Hauk
Board Chair Mr. Don Stinnett
Board Chair Company Affiliation HCA, SrVP, Chief Controller "Retired"
History & Background
Year of Incorporation 1999
Organization's type of tax exempt status 501-C3
Financial Summary
Graph: Expense Breakdown Graph - All Years
 
 
Projected Expenses $1,117,000.00
Projected Annual Revenue $1,117,000.00 (2017)
Statements
Mission BrightStone provides comprehensive work, social support, and future residential services for adults with special needs expanding their potential and helping them develop mentally, physically, socially, emotionally and spiritually.
Background

BrightStone began as an educator and parent-led effort to provide continuing learning and job opportunities beyond high school for adults exiting special education programs in middle Tennessee schools. A survey conducted in 1998 determined that 75% of local graduates who had completed a job training program and exited high school was still living at home with family and with no prospects of a job nor any further skill training. It was also determined that job resources and residential opportunities were very limited in middle Tennessee. To meet this very urgent need, BrightStone began in 1999 with 4 students and a volunteer staff with the commitment to provide not only job training skills but also continued learning opportunities in a professional, safe, and loving environment. 

After providing services in a local church, a new 9,000 square foot facility was built to enhance program offerings and to increase numbers served.  Transportation options began, and the student population and program services began to grow.  Today 39 students are enrolled at BrightStone where they are offered classes in job skills, productive work habits, functional academics, health & wellness, physical exercise, computer skills, leisure activities, community awareness, music, and artistic skills. 

BrightStone's enrollment continues to grow and we maintain a constant and lengthy waiting list as we move forward in our growth and plans for broader and better services.

The vision was and still is to provide quality opportunities for these very capable adults allowing them to find their potential in employment and in life. BrightStone continues to provide job training where adults learn job skills and productive work habits.  Our Learning Lab was created to help our students maintain the functional academics and thinking skills they already have, keeping them vital and alert. The state-of-the-art computer lab offers educational software programming as well as internet buddies, journaling opportunities, and fun games. 

Several classes are available for continuing education in functional academics, computer skills, cooking and nutrition, social awareness, music, art, crafts, physical wellness, and personal advocacy.  After all, learning is a lifelong process! 

BrightStone's goal is that our students contribute to society to the fullest of their potential. 

Impact

Recent accomplishments:

1. BrightStone recently purchased a beautiful 138-acre property just 3 miles from our current location, which will be the site for our new college-like campus. Our planned facility will be the first of its kind in the state of Tennessee. County entitlement to build our new campus facility has been approved.
 
2. We launched an intensive awareness campaign in 2016 to share our plans with community leaders. We have hosted tours for over 200 guests and continue to invite the community to tour our existing facility and visit our new campus location.
 
3. In January 2017, we began planning for a $25 million multi-year capital campaign. Vision Philanthropy Group has been retained as our campaign counsel. Phase one of the campaign will require $8.5 million and over $3.6M in funds have already been committed from compassionate families in the community.
 
4. BrightStone received a $1M gift from a family in Franklin. This donation to help fund our expansion was the largest gift in our 17-year history.

Goals for 2017 include:

1. Pay off our $3.1M mortgage for the land purchased.
 
2. Select an Architectural firm and complete drawings, renditions, and concepts.
 
3. Continue our community awareness efforts through tours and participation in community, corporate and church presentations or events. We want everyone in the community to know about BrightStone and our expansion plans that will impact our community for generations to come.
 
4. Continue to collaborate with local and national organizations serving adults with intellectual and developmental disabilities.
Needs

BrightStone has the following needs:

(1) $10,000 for our Scholarship Fund to help adults be able to attend BrightStone who have no other place they would like to go each day.
 
(2) Donations of any amount are greatly appreciated and help provide needed resources not covered by tuition allowing us to provide a wide variety of programs including health and wellness, therapeutic activities and exercise programs, all supervised by our full-time registered nurse.
 
(3) Volunteers to assist teachers and students in areas such as job training, computer skills, functional academics, field trips, and special events. We need volunteers with skills to help maintain our property involving fencing, mowing, carpentry, electrical, landscaping, etc. To inquire about volunteer opportunities, please contact Elaine Farmer at 615-790-4888 or email elaine.farmer@brightstone.org.
Other ways to donate, support, or volunteer

A gift to BrightStone ensures that adults with special needs are given an opportunity to work, learn and play in a safe and loving environment. 

In addition to monetary gifts, other means of giving include:

  • Gifting “in honor” or “in memory” of someone
    Donate in someone’s name – in honor of their special day, or in memory of a loved one.  Provide the name and address of the family and we will notify them of your thoughtfulness.  The donor’s contribution amount is not disclosed.
  • Employer matching gifts
    Many companies will match donations made by their employees. Please check with your HR department to obtain information on your company process.
  • Gifts of stock
    Gifts of stock are handled through Southwestern Investment Services, Inc. Please call Director of Advancement, Randy Elliott at 615-790-4888 to receive additional instructions.
  • Planned Gifts for the Future
    If you are interested in including BrightStone in your will, establishing a trust, or identifying BrightStone as a beneficiary on a life insurance policy, please contact Randy Elliott at 615-790-4888.  

    A simple way to make a planned gift is to add the following language to your Will, naming BrightStone as beneficiary: “I give, devise, and bequeath ________ (a certain sum, a percentage of the estate, or the remainder of the estate) to BrightStone, 104 Southeast Parkway Court, Franklin, TN 37064.” (Ask your attorney for specific language).
  • Gifts In-Kind
    Check out our current Wish List on our website. A variety of items with a broad range of prices is included. We will be happy to issue an in-kind receipt for items donated. 
  • Volunteer
    BrightStone volunteers make up our "BrightCorps" and help with the day program, fundraising benefits, administrative office needs, student product sales, and special student events.
To donate online go to:  http://brightstone.org/donate/give-now/
Service Categories
Primary Organization Category Human Services / Developmentally Disabled Services/Centers
Areas of Service
Areas Served
TN
TN - Davidson
TN - Marshall
TN - Maury
TN - Rutherford
TN - Williamson
TN - Robertson
We are located in Middle Tennessee in the historic town of Franklin, in Williamson County.  The majority of our adults reside in Davidson and Williamson Counties; however, we serve adults from several other surrounding counties. This serene country environment provides an excellent setting for our adults who enjoy living in peaceful and calm surroundings.  We are, however, close to the busy city life of Nashville giving our adults many opportunities for work, social support, and an active life!
Board Chair Statement

From Don Stinnett, Chairman:

BrightStone will celebrate its’ 20-year anniversary in 2019 and has BIG (BrightStone Is Growing) plans for the celebration: expanding our services to more adults with intellectual and developmental disabilities, adding new facilities and more programs, and for the first time, including student residence options for those who need it. From four adults meeting in a church to up to eighty living on a first-rate campus designed just for them.... this is our vision. 2015 saw significant steps taken toward this goal. We bought almost 140 acres of land south of Franklin, TN through the use of mortgage financing and completed a land use plan. Our Board is fully engaged and supportive, our donor base is ready to step up, and our staff is capable of pulling it off. The challenges of capital fundraising, overseeing the construction project and transitioning to the new campus, are all before us. We are up to the task. I am personally excited and ready to go the extra mile in terms of my time and financial support. Many others are ready to join me.

Adults with special needs are a forgotten community by most of our society. Over the coming decade, more than 500,000 individuals with autism alone, will leave school and enter adulthood. This doesn’t include other disabilities. Fewer than 20% of adults with disabilities are in the labor force and under 20% of those who are employed work full-time. Upwards of 70% of adults with special needs report isolation and depression and over 50% of parents report clinical depression. They and their families need encouragement and practical everyday support. That is what we do here. BrightStone is not a place to go, it is a place that helps provide a full and meaningful life of dignity and hope. I am privileged to be part of it and know of no better place for anyone to invest their time, energy and finances. Join us—you will make a big difference that will bring you great joy!

 
CEO Statement

Everyone needs a reason to get up in the morning and something of value to do! We all value ourselves by the accomplishments that we make each day, and so do our BrightStone adult students.

Individuals with intellectual and developmental challenges not only can work, they greatly enjoy working.  BrightStone provides options, support, and opportunities so these adults can live a valued life at their highest potential with respect and dignity in a caring and loving environment.

Our ultimate goal is to provide whole life programming, assistance, and learning for our adults 24/7 including a program of vocational training and job opportunities, social and community activities, life and functional learning, a full program of individualized therapeutic opportunities, and much-needed supervised residential options.  We recently purchased property in Franklin and look forward to building a new campus to accomplish this goal!

To live as they want, where they want, with whom they want while participating in activities and jobs they like is a lofty and determined goal of our staff, our families, and our adults themselves!  This new and innovative campus will be the means toward this goal.  Job skills in such areas as horticulture, crafts, hospitality will be taught in a facility built to meet their individual learning styles as well as their physical and health requirements. 

Our new campus will also host an equestrian center for therapeutic horseback riding and animal care.  Other therapies will be provided in this state-of-the-art facility, such as aquatic therapy, physical therapy, language therapy, and behavioral therapy along with augmented communication methods.

This is a huge vision and will take a huge community of caring people to make it happen! We are very excited about the future of BrightStone and the quality of life it affords these very deserving and hard working citizens who want to contribute - they just need the chance!

Many donors have helped BrightStone reach its current successful status.  We are very grateful to this giving community made up of so many, many people who care, and we look forward to a future of partnering together to provide a place of hope, a program of work and dignity, and a culture of positive success!

Programs
Description BrightStone adults learn job skills and productive work habits in a work-based learning program.  Their strengths are determined, goals are established, and tasks are broken down into steps.  Students are provided job coaching and training as they learn to complete a task, stay at their work station, respond appropriately to their supervisor--all while completing a hand crafted product which becomes part of BrightStone's enterprise, with all funds returning to the program of services.  Our current hand crafted products include:  ceramics, painted terra cotta clay pots or other decorative pieces, and consumable dry mixes.
Category
Population Served , ,
Description BrightStone adults are encouraged to continue their lifelong learning, just as any other adult in the non-disabled world.  A variety of classes are offered in such areas as nutrition and cooking, health and physical wellness, daily living skills, computer skills, functional academics, art, crafts, social awareness, and community involvement.  The adults learn skills that will help enhance their lives and give them the skills to achieve their highest level of independence.
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Population Served , ,
Description BrightStone adults are provided the opportunity to participate in physical exercise both at our facility and in the community.  A physical therapist (PT) provides an initial evaluation which determines their area of strength, weakness, and tolerance level.  That information is the basis for individual exercise plans for each adult.  A PT assistant or a physical trainer works with each adult in small groups to implement the exercise plan developed by the PT.  The students go to the YMCA two times each week while the PT assistant has classes at BrightStone two or three times weekly.  The adults also participate in therapeutic yoga twice each week and Special Olympics every year.  A full time nurse is on staff to assist with any health or medical need as well as medication administration.  The wellness program consists of classes in nutrition, dental hygiene, general physical care, etc; a walking program called "BrightStriders"; and weekly food selection for their own menu.
Category
Population Served , ,
Description BrightStone has an emphasis on providing a variety of therapies which assist each adult to reach their highest potential.  Some of the therapies provided in addition to physical therapy are music therapy, pet therapy, art therapy, along with individual opportunity for waiver funded language therapy and occupational therapy.  BrightStone is a fieldwork site for doctoral Occupational Therapy students from Belmont University, thus bringing new insight and opportunities for our students and learning for our teaching staff.
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Population Served , ,
Description The products hand made by BrightStone adults are sold at local crafts fairs and at select retail outlets in Franklin and Nashville. Our BrightStone adults assist with production and packaging of the products.  They are very proud of their accomplishments!  The proceeds from the sale of products return directly back into the cost of programming.
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Population Served , ,
CEO Comments

BrightStone offers a variety of programming for adults who have intellectual disabilities and who are challenged to independently determine their future life and work interests.  The programs help them achieve skills to ensure future success.  Many times they lack a frame of reference or historical base, and transferring knowledge is a challenge.  BrightStone provides the opportunity for our adults to experience actual jobs in a work-based learning program where they can determine their personal job desires and make better decisions concerning job placement and life choices, thus better directing their own future.

BrightStone’s training program focuses on individual success beginning with a vocational and life-skills assessment to ascertain their current level of functioning.  Upon determination of an individual’s strengths and challenges, a learning program is implemented with input from the individual themselves, their family, and BrightStone staff.  This “team” approach helps to establish goals and objectives for each student at a pace that enables success.  It also determines individual learning modalities, necessary assistive technology, and other modifications that might be needed for the student to best learn the skills or information.

Students are placed in groups where they can flourish.  With multi-level classrooms, students learn to follow higher functioning examples, to be productive and happy in a comfortable group, or even to become student “supervisors.”  The students themselves determine their positions of learning in the classroom.  New classes are added as our adults or their families voice a desire or recognize a need. 

Adults at BrightStone are taught skills in a loving and caring environment where a positive approach is emphasized.  A task analysis determines the skills that are taught in a variety of modalities:  visual, verbal, experiential, and physical.

By each adult determining their own path of learning with appropriate technology and assistive equipment provided, in a caring environment with all their medical and physical needs met, BrightStone adults thrive and grow beyond what most families deem possible.

Our goal is to increase the potential and the quality of life for adults who are challenged to live each day with a developmental disability.  Our desire is to accomplish this with the best program in Tennessee. 

 

Board Chair
Board Chair Mr. Don Stinnett
Company Affiliation HCA, SrVP, Chief Controller "Retired"
Term May 2017 to May 2018
Email stinnettdw@gmail.com
Board Members
NameAffiliationStatus
Mr. Mike Alexander SignsFirst Franklin, OwnerVoting
Mr. Terry Bridges HCA, President, Behavioral Health ServicesVoting
Rep. Glen Casada TN House of RepresentativesVoting
Mr. Kevin Gabhart Beecher Carlson, Sr. Managing DirectorVoting
Mrs. Brenda Hauk BrightStone, Executive DirectorVoting
Mr. Kent Holdcroft PharmMD, Sr. Vice PresidentVoting
Mr. Jim Lackey Complete Holdings Group, Chairman/CEOVoting
Mr. Jerry Reed Community Health SystemsVoting
Mr. Jerry Rooker HCAVoting
Mr. Tom Singleton FTI Cambio, Sr. Managing Director "Retired"Voting
Mr. Robert A. Speck Blue Coast Burrito, President/CEOVoting
Mrs. Dianne Spooner Grace Frances InteriorsVoting
Dr. Catherine Stallworth St. Thomas Mid-Town Hospital, Medical DirectorVoting
Mr. Don Stinnett HCA Chief Controller "Retired"Voting
Board Demographics - Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 12
Hispanic/Latino 0
Native American/American Indian 0
Other 0
Board Demographics - Gender
Male 10
Female 2
Unspecified 0
Governance
Board Term Lengths 3
Board Term Limits 2
Board Meeting Attendance % 73%
Does the organization have written Board Selection Criteria? No
Does the organization have a written Conflict of Interest Policy? Yes
Percentage of Board Members making Monetary Contributions 100%
Percentage of Board Members making In-Kind Contributions 0%
Does the Board include Client Representation? Yes
Number of Full Board Meetings Annually 4
Standing Committees
Executive
Finance
Nominating
Risk Management Provisions
Accident & Injury Coverage
Automobile Insurance
Commercial General Liability
General Property Coverage
Life Insurance
Medical Health Insurance
Special Event Liability
Workers Compensation & Employers' Liability
CEO Comments

From Brenda Hauk, President and Executive Director 

BrightStone's biggest challenge is to meet the growing need in our area for whole life opportunities and care for individuals with intellectual and developmental disabilities in a sustainable format.  Our goal is to develop a strong and efficient Board of Directors to oversee a growing entity with a sustainable infrastructure.
We currently have strong and active Board members who take very seriously the fiscal and oversight responsibility in the guidance of maintaining our current state and forecasting and strategically planning for our future.  They are committed to BrightStone's mission and vision with their passionate support, input, and participation.  The Officers meet monthly to discuss needs, financial variances and provide program, fundraising, leadership oversight, input, and guidance.
 
BrightStone's Directors are guiding our efforts to secure property and build a new facility while maintaining a quality program of services and establishing investments for the future of BrightStone.  Each Campus Planning Team has a minimum of one Director participating with one staff and other community volunteers.
 
We strive to build on our strong base and provide an ethically and fiscally sound and lasting program. 
 
Executive Director/CEO
Executive Director Mrs. Brenda Hauk
Term Start Mar 1999
Email brenda.hauk@brightstone.org
Experience Master of Education, Peabody School of Education, Vanderbilt University. Bachelor of Music, Baylor University. Special Education teacher, 12 years in Texas, Oklahoma, and Tennessee.  Founder and Developer of Williamson County Schools Transition Program, called the JOBS Program, matching special needs students with local job opportunities in Williamson County schools.  Trainer and Coach for TN State Special Olympics. Teacher Trainer for special education programs in local churches.
Staff
Full Time Staff 17
Part Time Staff 2
Volunteers 206
Contractors 4
Retention Rate 82%
Plans & Policies
Does the organization have a documented Fundraising Plan? Yes
Does the organization have an approved Strategic Plan? Yes
Number of years Strategic Plan Considers 1
When was Strategic Plan adopted? Jan 2016
In case of a change in leadership, is a Management Succession plan in place? Yes
Does the organization have a Policies and Procedures Plan? Yes
Does the organization have a Nondiscrimination Policy? Yes
Affiliations
AffiliationYear
Center for Nonprofit Management Excellence Network2005
Williamson County Chamber of Commerce2005
External Assessments and Accreditations
External Assessments and Accreditations
Assessment/AccreditationYear
Tennessee Department of Mental Health and Developmental Disabilities2014
Awards
Award/RecognitionOrganizationYear
Board Member of the Year-Dr. Craig FerrellCNM Salute to Excellence2008
Nonprofit Leadership-Brenda HaukNashville Business Journal Williamson County IMPACT Award2008
Finalist for CEO of the Year-Brenda HaukCNM Salute to Excellence2009
Finalist for Servant's Heart Award--Martha OldhamCNM Salute to Excellence2009
Finalist for Marvin Runyon Leadership AwardCNM Salute to Excellence2010
Finalist for Nonprofit Category--Donald StinnettNashville Business Journal CFO Awards2010
Finalist for Servant's Heart Award--Billy LovettCNM Salute to Excellence2012
FinalistFranklin Tomorrow Volunteer Award2015
Senior Staff
Title Program Coordinator
Experience/Biography Educator in Special Education, 8 years Job Coach Trainer and developed Job Coaching Manual for Williamson County Schools Helped establish JOBS Program for Williamson County Schools Special Olympics assistant coach
Title Director of Operations
Experience/Biography 20 years of retail/operations/marketing in corporate settings, most recently as VP of the Western Division of DCI Management Group, Inc.
Title Director of Advancement
Experience/Biography BA degree in Journalism; Senior staff experience includes Dir of Advancement for New Hope Academy; Director of Development for Guideposts Foundation; Vice President for Thomas Nelson Publishers, President for Texas State Credit Company
CEO Comments

BrightStone is a constantly growing and changing organization.  We are committed to meet the growing needs of the population we serve as well as defining new and innovative ways to lead, staff, and plan to better help them become more independent and fulfilled.

Research and medical advances continue to revolutionize services for the adults we serve.  As providers, we are entrusted with an obligation to determine the best services and commit to providing them.  Many times this means to change directions, change staffing, change the way services are being provided.  Each time we change, we grow and learn and become better at what we do.

One challenge is to acquire and sustain highly efficient and dedicated direct services staff who teach, train, advise, and assist this very vulnerable population.  We provide professional development days throughout the year to assure that staff has the tools to be successful in meeting the needs of our adults.  We celebrate the caregivers and the investment of their lives and energy in caring for others by providing periodic TLC days (Teachers Leaving Campus) when substitute teachers, parents, and leadership staff assist the students while the teaching staff goes out for lunch and a time of relaxation; monthly birthday celebrations; recognitions for milestone years of employment; dress-down days, and "kudos" at monthly staff meeting to recognize a "job well done."

As with many non-profits, volunteerism is a large part of our successful provision of services.  These volunteers are valuable to our program and are trained and carefully placed into areas of work in which they will experience success and personal fulfillment.  We provide staff to oversee the volunteer program and volunteer training to make sure they have the tools for success. We celebrate each volunteer with a yearly luncheon, “Volunteer of the Year Award,” and occasional “volunteer of the day”.

Our challenge for the future is to strategically plan for additional staff and new positions to meet the needs of a new campus and provision of 24/7 care.  We have visited several functioning campuses around the country and have completed a proforma which accounts for this need going forward and in stages of future growth.  We have revisited our current organizational structure and are implementing a new structure which will lead us into this future environment. 

BrightStone is a wonderful place to work where each person is valued as vital to our program and to the adults we serve.  We love to take the time to celebrate each and every one.

 
 
Fiscal Year
Fiscal Year Start Jan 01 2017
Fiscal Year End Dec 31 2017
Projected Revenue $1,117,000.00
Projected Expenses $1,117,000.00
Endowment Spending Policy N/A
Endowment Spending Percentage (if selected) 0%
Detailed Financials
Revenue and ExpensesHelpFinancial data for prior years is entered by foundation staff based on the documents submitted by nonprofit organizations.Foundation staff members enter this information to assure consistency in the presentation of financial data across all organizations.
Fiscal Year201620152014
Total Revenue$963,013$825,879$810,094
Total Expenses$1,206,173$1,013,505$921,048
Revenue Less Expenses($243,160)($187,626)($110,954)
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201620152014
Foundation and
Corporation Contributions
$0$0$0
Government Contributions$0$0$0
Federal$0$0$0
State$0$0$0
Local$0$0$0
Unspecified$0$0$0
Individual Contributions$303,951$222,218$246,815
$0$0$0
$355,063$31,329$316,802
Investment Income, Net of Losses$701$983$648
Membership Dues$0$0$0
Special Events$281,898$284,749$243,079
Revenue In-Kind$0$0$0
Other$21,400$4,800$2,750
Expense Allocation
Fiscal Year201620152014
Program Expense$626,924$611,102$552,724
Administration Expense$225,910$186,016$171,976
Fundraising Expense$6,686$216,387$196,348
Payments to Affiliates$0$0$0
Total Revenue/Total Expenses0.800.810.88
Program Expense/Total Expenses52%60%60%
Fundraising Expense/Contributed Revenue1%43%40%
Assets and Liabilities
Fiscal Year201620152014
Total Assets$5,331,124$5,312,074$2,082,655
Current Assets$1,202,962$1,158,734$918,849
Long-Term Liabilities$3,152,150$3,155,000$364,245
Current Liabilities$32,423$40,481$24,575
Total Net Assets$2,416,551$2,116,593$1,693,835
Short Term Solvency
Fiscal Year201620152014
Current Ratio: Current Assets/Current Liabilities37.1028.6237.39
Long Term Solvency
Fiscal Year201620152014
Long-Term Liabilities/Total Assets59%59%17%
Top Funding Sources
Fiscal Year201620152014
Top Funding Source & Dollar AmountProgram Revenue $355,063Fundraising Events $284,749Program Services $316,802
Second Highest Funding Source & Dollar AmountContributions, Gifts and Grants $303,951Contributions, Gifts & Grants $222,218Contributions, Gifts & Grants $246,815
Third Highest Funding Source & Dollar AmountFundraising Events $281,898Earned Revenue $31,329Fundraising Events $243,079
IRS Letter of Exemption
Capital Campaign
Is the organization currently conducting a Capital Campaign for an endowment or the purchase of a major asset? No
Capital Campaign Anticipated in Next 5 Years? Yes
State Charitable Solicitations Permit
TN Charitable Solicitations Registration Yes - Expires June 2018
Organization Comments

2015-2016 

In 2012 and 2013 BrightStone experienced a significant increase in revenues that were primarily related to memorial gifts, grants, contributions and special events associated with the unexpected death of two Board members during 2012.  Other than this unusual circumstance, BrightStone achieved a balanced budget of revenues and expenses during both 2012, 2013 and 2014.  Please note that our audited financial statements for 2011 differ from what is shown on Giving Matters by $77,023 of Net Assets Released from Restrictions which results in an increase in Unrestricted Net Assets to ($30,090) from the ($107,113) shown.  Also included in our 2013 audited financial statements but not shown on Giving Matters is $162,030 Increase in Temporarily Restricted Assets representing donations restricted for use toward a new home in our “Future State” campus described below.

In 2016, we expect student tuition will continue to fund between 50% and 60% of program expense (33% of general operating expense) and we depend on contributions, gifts, grants and fundraising from special events to cover the remaining expenses not funded by tuition.

The budget continues to reflect the anticipation of conservative growth in targeted revenue areas and a focus on financial scholarships to help more adults with special needs attend BrightStone. Overall, programs, expenses, and general and administrative costs are expected to be generally consistent with 2015, with the exception of costs associated with purchasing land for our future expansion. Other expense increases revolve around the growth of the number of fragile adults served and expenses associated with preparing for our “Future State” as described below. 

The Board and BrightStone staff are committed to sustaining the future of BrightStone, and we are moving forward to an ambitious and BRIGHT future! We have established our “Steady State” of functioning operationally and have made plans for our “Future State” as we progress toward our 24/7 comprehensive residential, life-learning, and job training program.


 

GivingMatters.com Financial Comments
From 2010 on, financial figures taken from the audit. Previous years' financial figures taken from the 990 which reconciles to audit.
 
Any foundation and corporate contributions are included in Individual Contributions sum, as figures are not separated in audit or 990.
Financial documents completed by Blankenship CPA Group.
Comments provided by Kathryn Bennett 6/28/17.
Nonprofit BrightStone, Inc.
Address 140 Southeast Parkway Court
Franklin, TN 37064
Primary Phone (615) 790-4888
Contact Email info@brightstone.org
CEO/Executive Director Mrs. Brenda Hauk
Board Chair Mr. Don Stinnett
Board Chair Company Affiliation HCA, SrVP, Chief Controller "Retired"
Year of Incorporation 1999