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Nonprofiteer
← BRIGHT FUTURES

Form 990 for tax year 2022

Filed by BRIGHT FUTURES.

Totals

Total revenue
$2,535,134
Total expenses
$2,362,053
Contributions and grants received
$2,529,275
Grants paid
$637,197
Program service revenue
$2,130
Investment income
$3,729
Other revenue
$0
Total assets, end of year
$1,290,369
Total liabilities, end of year
$384,568
Net assets or fund balances, end of year
$905,801
Program services expenses (Part IX)
$2,089,721
Management and general expenses
$124,401
Fundraising expenses
$147,931
Program service expenses (Part III)
$2,089,721

Program services were 88.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,729,350

  • 1f · All other contributions, gifts and grants

    $799,925

  • 2a · Program service revenue: CLASS REGISTRATION FEE

    total $2,130 · related or exempt $2,130

  • 3 · Investment income

    total $3,729 · excluded $3,729

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $489,401 · program services $489,401

  • 2 · Grants to domestic individuals

    total $147,796 · program services $147,796

  • 5 · Compensation of officers, directors and key employees

    total $109,497 · program services $43,799 · management and general $10,950 · fundraising $54,748

  • 7 · Other salaries and wages

    total $515,970 · program services $432,030 · management and general $31,498 · fundraising $52,442

  • 10 · Payroll taxes

    total $206,722 · program services $164,858 · management and general $11,250 · fundraising $30,614

  • 11c · Fees: accounting

    total $52,886 · program services $2,153 · management and general $50,733

  • 11g · Fees: other

    total $693,630 · program services $693,630

  • 13 · Office expenses

    total $62,946 · program services $49,726 · management and general $13,220

  • 16 · Occupancy

    total $32,294 · program services $19,694 · management and general $2,473 · fundraising $10,127

  • 17 · Travel

    total $44,494 · program services $44,494

  • 23 · Insurance

    total $4,277 · management and general $4,277

  • 24a · Other expenses: COVID RESPONSE

    total $2,140 · program services $2,140

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $628,354 · end of year $699,301

  • 3 · Pledges and grants receivable

    beginning of year $252,432 · end of year $568,544

  • 9 · Prepaid expenses and deferred charges

    end of year $252

  • 15 · Other assets

    beginning of year $0 · end of year $22,272

  • 17 · Accounts payable and accrued expenses

    beginning of year $123,274 · end of year $327,580

  • 25 · Other liabilities

    beginning of year $24,792 · end of year $56,988

  • 27 · Net assets without donor restrictions

    beginning of year $200,823 · end of year $270,925

  • 28 · Net assets with donor restrictions

    beginning of year $531,897 · end of year $634,876

Mission and programs · 2022

Mission

BRIGHT FUTURES PROVIDES RESOURCES TO IMPROVE THE LIVES OF CHILDREN AND FAMILIES. BRIGHT FUTURES WORKS TO INCREASE THE QUALITY, ACCESSIBILITY AND AVAILABILITY FOR EARLY CARE AND EDUCATION IN SAN MIGUEL, OURAY, MONTROSE, DELTA AND SAN JUAN COUNTIES. BRIGHT FUTURES OFFERS ALIGNED, COLLABORATIVE AND INTEGRATED SERVICES ACCROSS KEY SYSTEMS OF FAMILY SUPPORT AND EARLY CHILDHOOD CARE AND EDUCATION.

Activities or mission (Part I)

BRIGHT FUTURES PROVIDES RESOURCES TO IMPROVE THE LIVES OF CHILDREN AND FAMILIES. BRIGHT FUTURES WORKS TO INCREASE THE QUALITY, ACCESSIBILITY, AND AVAILABILITY OF EARLY CARE AND EDUCATION IN SAN MIGUEL, OURAY, MONTROSE, DELTA, AND SAN JUAN COUNTIES.

  • BRIGHT FUTURES PROVIDES COACHING, NAVIGATION, AND RESOURCES TO IMPROVE THE QUALITY OF EARLY CHILDHOOD EDUCATION IN SAN MIGUEL, OURAY, MONTROSE, DELTA, AND SAN JUAN COUNTIES. THROUGH COACHING, TRAINING AND NAVIGATION, CHILDCARE PROVIDERS ARE ENGAGED IN QUALITY IMPROVEMENT AND ELEVATING EARLY CHILDHOOD TEACHER INTERACTIONS WITH YOUNG CHILDREN. OVER THE PAST YEAR, A TOTAL OF 45 FREE PROFESSIONAL DEVELOPMENT TRAININGS WERE DELIVERED. BRIGHT FUTURES WAS APPOINTED BY THE COLORADO DEPARTMENT OF EARLY CHILDHOOD TO BE THE LOCAL COORDINATING ORGANIZATION FOR THE IMPLEMENTATION OF UNIVERSAL PRESCHOOL (UPK) WITHIN OUR CATCHMENT AREA. TO DATE, WE'VE ASSISTED WITH ONBOARDING 35 MIXED-DELIVERY PRESCHOOL PROVIDERS TO ACCEPT UPK AND ASSISTED FAMILIES IN NAVIGATING UPK FOR THEIR CHILDREN. TO DATE, 774 CHILDREN ARE RECEIVING UPK AS A RESULT OF OUR EFFORTS. ADDITIONALLY, BRIGHT FUTURES INCREASES POSITIVE OUTCOMES FOR VULNERABLE, AT-RISK CHILDREN AND FAMILIES THROUGH EVIDENCE-BASED PRACTICES AND PROGRAMS INCLUDING: (1) PARENTS AS TEACHERS (PAT) PROVIDING HOME VISITS AND GROUP CONNECTIONS FOR FAMILIES. 373 HOME VISITS WERE CONDUCTED. AS A RESULT, PARENTS PARTICIPATING IN PAT INCREASED THEIR ABILITY TO TEACH THEIR CHILDREN BOTH SCHOOL READINESS SKILLS LIKE LETTERS, NUMBERS, AND SHAPES AND SOCIAL-EMOTIONAL SKILLS LIKE PROBLEM-SOLVING, RESILIENCE, AND SELF-REGULATION. (2) PARENTING WORKSHOPS 223 ATTENDEES PARTICIPATED IN PARENTING WORKSHOPS. (3) COLLABORATIVE MANAGEMENT PROGRAM 22 CHILDREN WERE SERVED THROUGH THIS FAMILY AND CHILD-CENTERED APPROACH TO SUPPORTING VULNERABLE FAMILIES THROUGH A MULTI-AGENCY TEAM APPROACH. (4) TUITION ASSISTANCE WAS AWARDED ON BEHALF OF 58 CHILDREN TO INCREASE ACCESS TO EARLY CHILDHOOD EDUCATION FOR LOW-INCOME FAMILIES.

    Expenses $2,089,721 · Grants $637,197 · Revenue $2,130

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Susan Altman

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Matthew Bayma

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • Alison Wright

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Kathleen Merritt

    EXECUTIVE DIRECTOR

    Total calculated
    $134,488
    From this org
    $134,488
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Gloria Chavira

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • PRIMETIME EARLY LEARNING CENTER

    $114,840

    SEE COMMENT ABOVE.

  • MOUNTAIN MUNCHKINS

    $89,582

    SEE COMMENT ABOVE.

  • TELLURIDE PRESCHOOL

    $69,826

    SEE COMMENT ABOVE.

  • RAINBOW PRESCHOOL

    $62,475

    SEE COMMENT ABOVE.

  • MOUNTAIN SPROUTS

    $46,010

    SEE COMMENT ABOVE.

  • TELLURIDE DISTRICT PRESCHOOL

    $39,105

    SEE COMMENT ABOVE.

  • ELAINE'S PLACE TELLURIDE LLC

    $38,231

    FUNDS USED TO SUPPORT PROFESSIONAL DEVELOPMENT , FINANCIAL ASSISTANCE TO FAMILIES FOR CHILDCARE, AS WELL AS CAPACITY BUILDING AND QUALITY IMPROVEMENT TO CHILDCARE PROVIDERS.

  • RASCALS TODDLER PROGRAM

    $28,021

    SEE COMMENT ABOVE.

Provenance

Return type
form_990
Tax year
2022
Filed
30 January 2024
IRS schema version
2022v5.0
Source object
202410389349301701

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