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EIN 52-2363234

Bright Prospect

IRS 501(c) type
501(c)(3)
Num. employees
24
City
Pomona
State
California
Year formed
2001
Most recent tax filings
2022-06-01
NTEE code, primary
B90: Educational Services
Description
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.
Total revenues
$2,662,649
2022
Total expenses
$1,857,646
2022
Total assets
$3,297,264
2022
Num. employees
24
2022

Program areas at Bright Prospect

Bright Prospect recruits any student who wants to join as of the 9th grade, guiding them toward college. We then continue to advise and support our students until they graduate from college. During fiscal year 2022, Bright Prospect served 2,879 students. In fiscal year 2022 college students has a 93% persistence rate and our overall college graduation rate was 86%.

Who funds Bright Prospect

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
ECMC FoundationCollege Success$300,000
California Community FoundationEducation$262,500
Annenberg FoundationGeneral Operating Support$75,000
...and 23 more grants received totalling $1,139,780

Personnel at Bright Prospect

NameTitleCompensation
Elizabeth ZamoraExecutive Director$202,564
Stephanie CampbellPast Executive Director$101,301

Financials for Bright Prospect

RevenuesFYE 06/2022
Total grants, contributions, etc.$2,660,612
Program services$0
Investment income and dividends$878
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-63
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,222
Total revenues$2,662,649

Form 990s for Bright Prospect

Fiscal year endingDate received by IRSFormPDF link
2021-062021-11-10990View PDF
2020-062021-03-01990View PDF
2019-062020-06-05990View PDF
2018-062019-05-14990View PDF
2017-062018-06-14990View PDF
...and 9 more Form 990s

Organizations like Bright Prospect

OrganizationLocationRevenue
One Million DegreesChicago, IL$4,851,472
Project GRAD Kenai PeninsulaHomer, AK$1,539,000
Black Men TeachHopkins, MN$2,335,313
Urban Ed AcademySan Francisco, CA$2,629,843
Educational Opportunity CentersEdwardsville, PA$1,067,036
TeenSHARPWilmington, DE$1,038,262
Dallas AfterschoolDallas, TX$2,167,930
Nashville Teacher ResidencyNashville, TN$1,094,967
Global Game Changers Children's Education InitiativeLouisville, KY$1,115,463
Engaging Creative MindsCharleston, SC$2,458,924
Data update history
May 6, 2023
Received grants
Identified 1 new grant, including a grant for $30,000 from The Carol and James Collins Foundation
August 3, 2022
Received grants
Identified 6 new grant, including a grant for $100,000 from The Rauch Family Foundation
September 28, 2021
Received grants
Identified 15 new grant, including a grant for $250,000 from Weingart Foundation
September 24, 2021
Received grants
Identified 2 new grant, including a grant for $150,000 from The Roger I & Ruth B MacFarlane Foundation
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
SchoolsEducational service providersCharities
Issues
Education
Characteristics
Receives government fundingCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
Address
1460 East Holt Ave Suite 74
Pomona, CA 91767
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
brightprospect.org/ 
Phone
(909) 623-9007
IRS details
EIN
52-2363234
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
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