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Education : Youth Education Programs and Services

Bright Prospect

Empowering students to and through college

four stars

92.47

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

Board Leadership
Eric Garen
President

CEO
Stephanie Campbell
Executive Director

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 92.47 four stars
  Financial 90.14 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 08/01/2018 and includes data from FY2017, 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.

Financial

four stars

90.14

Accountability & Transparency

four stars

96.00

This rating was published 08/01/2018 and includes data from FY2017, 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)
79.1%
  Administrative Expenses 9.2%
  Fundraising Expenses 11.5%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 0.78
  Program Expenses Growth 9.3%
  Liabilities to Assets 1.8%
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) 92.47 four stars
Communities In Schools of Houston (TX) 91.61 four stars
Communities In Schools of Nevada (NV) 91.30 four stars
Citizen Schools (MA) 85.00 three stars
Communities in Schools of Richmond (VA) 87.37 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,418,862
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $20,947
Total Contributions $2,439,809
   Program Service Revenue $0
Total Primary Revenue $2,439,809
   Other Revenue $3,553
TOTAL REVENUE $2,443,362
   
EXPENSES  
   Program Expenses $1,850,902
   Administrative Expenses $240,346
   Fundraising Expenses $255,138
TOTAL FUNCTIONAL EXPENSES $2,346,386
   
Payments to Affiliates $0
Excess (or Deficit) for the year $96,976
   
Net Assets $1,786,052

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 $1,850,902 100.0%

Ratings History
Bright Prospect has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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

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

Compensation % of Expenses Paid to Title
$100,119 4.26% Stephanie L. Campbell Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Bright Prospect (CA) 92.47 four stars
Umoja Student Development Corporation (IL) 92.18 four stars
Prep for Prep (NY) 90.08 four stars
Grace Place for Children and Families (FL) 94.82 four stars
Global Kids (NY) 92.55 four 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

Stephanie Campbell
Executive Director

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