Overview

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Est.

2001

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

BRIGHT PROSPECT is a nonprofit organization dedicated to empowering first-generation low-income students to gain admission to, succeed in, and graduate from colleges and universities. With an operating budget of $2 million and total revenue of $2.7 million for the 2025 filing year, the organization relies on significant support from top funders such as DONOR ADVISED CHARITABLE GIVING INC and NATIONAL PHILANTHROPIC TRUST, among others. The organization does not depend on any single funder for 50% or more of its revenue. For more information, visit www.brightprospect.org.

Mission Statement

BRIGHT PROSPECT EMPOWERS 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.
Revenues
$1.8M
Expenses
$1.9M
Net Income:
-$135.9K
Assets
$3.7M
Liabilities
$164K
Net Assets:
+$3.6M
Operating Budget
$1.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
19
Median grant size
$15K
Largest grant received
$160K
H
Holly Reynolds
Board Member
D
DR Stephen Morgan
Board Member
E
Emmett Terrell
Board Member
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  • 62 funders
  • 28 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is BRIGHT PROSPECT’s budget?
In 2024, BRIGHT PROSPECT reported an annual operating budget of around $1.8 million. More detailed financial information is available to registered users.
What causes does BRIGHT PROSPECT support?
BRIGHT PROSPECT supports work in Education services.
Where does BRIGHT PROSPECT operate?
BRIGHT PROSPECT is headquartered in Pomona, CA.
Who funded BRIGHT PROSPECT recently?
In 2025, BRIGHT PROSPECT received grants from JOSEPH DROWN FOUNDATION, Kautz Family Foundation, and CALIFORNIA COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant BRIGHT PROSPECT received in 2024?
The largest grant to BRIGHT PROSPECT in 2024 exceeds $160 thousand.
What is BRIGHT PROSPECT’s reliance on government grants?
BRIGHT PROSPECT relied on government grants for more than 70% of their total revenue in 2024.