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Education : Youth Education Programs and Services

Bright Prospect

Empowering students to and through college

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Impact Information is available from our partner, GuideStar

four stars

91.80

1460 East Holt Avenue Suite 74
Pomona, CA 91767
tel: (909) 623-9007   Web Site
EIN: 52-2363234

Board Leadership
Eric Garen
President

CEO
Elizabeth Zamora
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 91.80 four stars
  Financial 96.35 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Bright Prospect empowers high potential, low-income students to gain admission, succeed and graduate from four-year colleges and universities by providing a comprehensive counseling and support system throughout their high school and college years. Bright Prospect aims to break the cycle of poverty in our service area by significantly increasing the college-going culture, expectation and rate in our community. Creating an ever-growing cadre of highly-educated young professionals will make our culturally vibrant community and its families more financially stable.

Bright Prospect empowers high potential, low-income students to gain admission, succeed and graduate from four-year colleges and universities by providing a comprehensive counseling and support system throughout their high school and college years. Bright Prospect aims to break the cycle of poverty in our service area by significantly increasing the college-going culture, expectation and rate in our community. Creating an ever-growing cadre of highly-educated young professionals will make our culturally vibrant community and its families more financially stable.

Impact Information

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This impact information is current as of September 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

96.35

Accountability & Transparency

three stars

89.00

This rating was published 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
81.0%
  Administrative Expenses 10.0%
  Fundraising Expenses 8.8%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 0.75
  Program Expenses Growth 11.0%
  Liabilities to Assets 4.8%
All data for Financial Performance Metrics calculations was provided by Bright Prospect on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Bright Prospect on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Bright Prospect (CA) 91.80 four stars
Philadelphia Futures (PA) 95.47 four stars
AIM for Seva (PA) 92.92 four stars
Communities In Schools National Office (VA) 96.84 four stars
Communities In Schools of Nevada (NV) 91.18 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,796,009
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $2,796,009
   Program Service Revenue $0
Total Primary Revenue $2,796,009
   Other Revenue $2,622
TOTAL REVENUE $2,798,631
   
EXPENSES  
   Program Expenses $2,243,874
   Administrative Expenses $330,578
   Fundraising Expenses $148,505
TOTAL FUNCTIONAL EXPENSES $2,722,957
   
Payments to Affiliates $0
Excess (or Deficit) for the year $75,674
   
Net Assets $1,860,957

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
College Readiness Program $2,243,874 100.0%

Ratings History
Bright Prospect has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 07/01/2019 91.80 four stars
2017-06 08/01/2018 92.47 four stars
2016-06 02/01/2018 93.48 four stars
2016-06 11/01/2017 87.54 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 52-2363234
Name in IRS Master File BRIGHT PROSPECT
NTEE Code B90
NTEE Classification Educational Services and Schools - Other
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 2002
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$101,301 3.72% Stephanie Campbell Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Bright Prospect (CA) 91.80 four stars
Youth On Their Own (AZ) 88.91 three stars
Project SUCCESS (MN) 88.68 three stars
The Fund for American Studies (DC) 88.55 three stars
National Guard Youth Foundation (DC) 87.45 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Bright Prospect
1460 East Holt Avenue
Suite 74
Pomona, CA 91767
tel: (909) 623-9007
EIN: 52-2363234

Visit Web Site

Board Leadership

Eric Garen
President

CEO

Elizabeth Zamora
Executive Director

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