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Bright Futures

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202169766 ✦ Telluride, CO ✦ Designated as a 501(c)(3)

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Overview

What is Bright Futures?

Bright Futures is a nonprofit organization based in Telluride, Colorado. With a mission to enhance the lives of children and families, they primarily focus on improving early care and education in San Miguel, Ouray, Montrose, Delta, and San Juan counties. They achieve this by providing quality improvement coaching and professional development to early childhood teachers, helping them integrate mental health and social-emotional learning into their classrooms. Bright Futures serves approximately 4,765 children and 365 teachers annually, offering workshops and workshops on parenting, and implementing a teen support program to combat social isolation and challenges caused by remote learning. During the COVID-19 pandemic, Bright Futures provided essential resources such as PPE, cleaning supplies, childcare scholarships, food, diapers, and school supplies to families in need, while also acting as a referral source for other community resources. In summary, Bright Futures is dedicated to improving children's and families' lives by enhancing early care and education, building essential skills in children, and providing resources throughout challenging times.


Official website here: www.brightfuturesforchildren.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

Bright Futures has achieved an impressive 96% rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high rating is primarily based on a single beacon score, indicating that the organization has effectively managed its financial practices and governance structures. The organization boasts 80% independent board members, ensuring that its governance is transparent and accountable.

The nonprofit has received top scores in various categories, including financial oversight and asset management, demonstrating a solid commitment to maintaining integrity in its operations. With a program expense ratio of 89.40%, Bright Futures allocates a significant portion of its budget towards its mission, indicating that most of its resources directly benefit the programs it offers.

While the data highlights the organization's strengths, there are no noted limitations or concerns in the feedback provided. This suggests that Bright Futures operates with a strong commitment to ethical practices and financial responsibility, making it a reliable choice for potential donors looking to support a well-managed nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Bright Futures legitimate?

Bright Futures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bright Futures submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $134,398
Professional Fundraising Fees: $0
Other Salaries and Wages: $723,701

For more financial information, click here


Official website here: www.brightfuturesforchildren.org

What is the mission statement of Bright Futures?

Bright Futures' mission is to enhance the lives of children and families by improving the quality, accessibility, and availability of early care and education. They accomplish this by providing aligned, collaborative, and integrated services across key systems of family support and early childhood care and education. Bright Futures aims to work towards increasing the quality and accessibility of early care and education in various counties. Their goal is to offer comprehensive support to families and children, ensuring they have the necessary resources for a better start in life.


Official website here: www.brightfuturesforchildren.org

What is the revenue of Bright Futures?

Bright Futures's revenue in 2024 was $2,665,718.


Official website here: www.brightfuturesforchildren.org

Who are the executives of Bright Futures and what are their salaries?

The average compensation at Bright Futures during 2024 was $22,582. There are 38 employees at Bright Futures.

Here are 6 key members and their salaries:


Susan Altman (Board Chair)
  • Compensation: $1,381
  • Related: $0
  • Other: $0
Matthew Bayma (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Wright (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Merritt (Executive Director)
  • Compensation: $134,398
  • Related: $0
  • Other: $28,025
Gloria Chavira (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Young (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.brightfuturesforchildren.org

Where can I find the form 990 for Bright Futures?

Bright Futures's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.brightfuturesforchildren.org

Learn more at the official website: www.brightfuturesforchildren.org

Mission Statement of Bright Futures

Bright Futures, a nonprofit organization, is dedicated to enhancing the lives of children and families. Their mission revolves around improving the quality, accessibility, and availability of early care and education in various counties, including San Miguel, Ouray, Montrose, Delta, and San Juan. Bright Futures strives to provide aligned, collaborative, and integrated services across key systems of family support and early childhood care and education. They aim to improve the overall well-being of families and children by ensuring that high-quality early education is readily available and accessible to all.

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Impact




August, 2024

Bright Futures' impact is significant in improving the lives of children and families in San Miguel, Ouray, Montrose, Delta, and San Juan counties. The organization plays a crucial role in increasing the quality, accessibility, and availability of early care and education in this region. Bright Futures supports child care and preschool programs by providing free quality improvement coaching and professional development opportunities.

They have served over 4,765 children and 365 early childhood teachers, offering coaching, training, and mentoring to embed early childhood mental health and social-emotional learning in classrooms. Additionally, Bright Futures has hosted parenting workshops with 162 attendees and implemented a teen support program to combat social isolation, especially during the challenges posed by the pandemic.

During the COVID-19 pandemic, Bright Futures amplified its support by providing essential resources like PPE, cleaning supplies, childcare scholarships, and training on public health guidelines. They have also assisted families by delivering essentials such as diapers, food, wipes, and school supplies. Overall, Bright Futures' impact is vital in supporting children and families in these counties, particularly during times of crisis.




This information is meant to be a general summary of Bright Futures. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,665,718 (2024)
Expenses
$2,465,921 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $16,740
  • Program Service Revenue: $1,513
  • Gross Receipts: $2,665,718

Assets and Liabilities:

  • Total Assets: $880,786
  • Total Liabilities: $148,066
  • Net Assets: $732,720

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CLASS REGISTRATION FEE

Revenue

$1,513

Organization Details

Founding Year

2004

Principal Officer

Susan Altman

NTEE Category

Code: P193 - Human services

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