Form 990 for tax year 2022

Totals

Total revenue

$399,896

Total expenses

$346,810

Contributions and grants received

$319,642

Grants paid

$186,171

Program service revenue

$0

Investment income

$418

Other revenue

$79,836

Total assets, end of year

$248,658

Total liabilities, end of year

$0

Net assets or fund balances, end of year

$248,658

Program services expenses (Part IX)

$259,273

Management and general expenses

$50,589

Fundraising expenses

$36,948

Program service expenses (Part III)

$259,273

Program services were 74.8% 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.

Mission and programs · 2022

• Resources for Learning:Bright Minds works to remove barriers that prevent students from fully accessing and participating in their education. Bright Minds and HCPSS are providing emergency assistance to students experiencing homelessness in order to reduce education disruption, absenteeism, and dropout. Bright Minds is enhancing HCPSS career and technical education by helping to build a new Digital Fabrication Lab at the Applications & Research Laboratory. Bright Minds is expanding STEM education through support for 3D printers and other important technology. Since 2020, Bright Minds has raised more than $460,000 for more than 62,000 critical educational resources that have reached students in all county schools.

  Expenses $137,112 · Grants $65,220

• Teacher Support & Development:Bright Minds Classroom Grants help educators pilot innovative instructional projects that support student success, enrich teaching practices, strengthen school communities, and pilot important projects that can be considered for broader implementation. Since 2009, Bright Minds has awarded $186,000 to more than 120 educators. Bright Minds also administers Teacher Externships which provide summer workplace learning opportunities that strengthen teaching relevance and educator retention. During the first year of the program, four area employers hosted externs.

  Expenses $45,666 · Grants $45,061

• Student Scholarships:Bright Minds helps students access and prepare for success in post-secondary education. We help high school students earn college credits and explore career options through the JumpStart dual-enrollment program with Howard Community College by providing books/course fee scholarships for students. We also administer third-party scholarships - reaching 22 students this year - to make post-secondary education more accessible. In total, Bright Minds has provided 477 HCPSS students with over $130,000 in scholarships so they can access college education.

  Expenses $42,065 · Grants $41,460

• Early Childhood Literacy:Only 54% of Howard County children demonstrated kindergarten readiness in 2023 (MD Dept. of Ed.) and delays in the early years of education are difficult to overcome. Bright Minds is the local affiliate for Dolly Partons nationally-recognized Imagination Library. Our Read With Me-Howard County program sends participating children an age-appropriate book each month from birth through age five. The program builds emergent literacy skills, inspires a love of reading, encourages parent-child interaction, and prepares children for kindergarten. More than 2,456 county children received 42,551 books thus far.

  Expenses $34,430 · Grants $34,430

As filed on the 2022 return.

Listed in Part VII

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

• HCPSS

  $60,230

  Student Learning Resources

• Dolly Partons Imagination Library

  $34,430

  Early Literacy Program

Provenance

Return type

form_990

Tax year

2022

Filed

15 May 2024

IRS schema version

2022v5.0

Source object

202401369349316095

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