BETA

BRIGHT FUTURES: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
BRIGHT FUTURES (EIN 20-2169766)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-02-17
IRS object ID
202310489349300421
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-02-17T10:08:17-06:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN840803727PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1REESE HENRY & COMPANY INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1400 E MAIN ST STE 2AddressLine1Txt
CityASPENCityNm
State AbbreviationCOStateAbbreviationCd
ZIP81611ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN202169766EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BRIGHT FUTURESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBRIGBusinessNameControlTxt
Phone9707285613PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 4216AddressLine1Txt
CityTELLURIDECityNm
State AbbreviationCOStateAbbreviationCd
ZIP81435ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSUSAN ALTMANPersonNm
Person TitleBOARD CHAIRPersonTitleTxt
Phone9707285613PhoneNum
Signature2023-02-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSUSANPersonFirstNm
Person LastALTMANPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDENISE JURGENS CPAPreparerPersonNm
PTINP00087338PTIN
Phone9709253771PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-03-07 01:45:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSUSAN ALTMANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 4216AddressLine1Txt
CityTELLURIDECityNm
State AbbreviationCOStateAbbreviationCd
ZIP81435ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,938,155GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BRIGHTFUTURESFORCHILDREN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateCOLegalDomicileStateCd
Activity Or MissionBRIGHT 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.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee26TotalEmployeeCnt
Total Volunteers1TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,801,209PYContributionsGrantsAmt
CY Contributions Grants$1,936,314CYContributionsGrantsAmt
PY Program Service Revenue$1,300PYProgramServiceRevenueAmt
CY Program Service Revenue$1,833CYProgramServiceRevenueAmt
PY Investment Income$11PYInvestmentIncomeAmt
CY Investment Income$8CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,802,520PYTotalRevenueAmt
CY Total Revenue$1,938,155CYTotalRevenueAmt
PY Grants And Similar Paid$655,585PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$610,247CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$531,223PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$632,449CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$140,401CYTotalFundraisingExpenseAmt
PY Other Expenses$757,068PYOtherExpensesAmt
CY Other Expenses$685,173CYOtherExpensesAmt
PY Total Expenses$1,943,876PYTotalExpensesAmt
CY Total Expenses$1,927,869CYTotalExpensesAmt
PY Revenues Less Expenses-$141,356PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$10,286CYRevenuesLessExpensesAmt
Total Assets BOY$886,419TotalAssetsBOYAmt
Total Assets EOY$880,786TotalAssetsEOYAmt
Total Liabilities BOY$163,985TotalLiabilitiesBOYAmt
Total Liabilities EOY$148,066TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$722,434NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$732,720NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionBRIGHT 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,678,621ExpenseAmt
Grant$610,247GrantAmt
Revenue$1,833RevenueAmt
DescBRIGHT FUTURES SUPPORTS CHILD CARE AND PRESCHOOL PROGRAMS BY PROVIDING FREE QUALITY IMPROVEMENT COACHING PROFESSIONAL DEVELOPMENT. OVER 26 PROFESSIONAL DEVELOPMENT TRAININGS WERE OFFERED. BRIGHT FUTURES OVERSEES A COACHING, TRAINING AND MENTORING INITIATIVE TO ASSIST EARLY CHILDHOOD TEACHERS IN EMBEDDING EARLY CHILDHOOD MENTAL HEALTH AND SOCIAL-EMOTIONAL LEARNING IN THEIR CLASSROOMS. THEY FOCUS ON TEACHING CHILDREN LIFELONG SKILLS LIKE HOW TO MAKE FRIENDS, PROBLEM SOLVING, CONFLICT RESOLUTION AND HOW TO IDENTIFY WITH THEIR EMOTIONS AND THE EMOTIONS OF OTHERS. THIS FISCAL YEAR, 4,765 CHILDREN WERE SERVED ALONG WITH 365 EARLY CHILDHOOD TEACHERS. BRIGHT FUTURES HOSTED PARENTING WORKSHOPS WITH OVER 162 ATTENDEES. BRIGHT FUTURES IMPLEMENTED A TEEN SUPPORT PROGRAM TO COMBAT SOCIAL ISOLATION AND THE CHALLENGES THAT HAVE COME FROM NOT HAVING ACCESS TO IN-PERSON SCHOOL. THERE WERE 20 TEEN FOCUSED ACTIVITIES PROVIDED AS WELL AS INDIVIDUAL SUPPORT WHEN NEEDED. BRIGHT FUTURES' ROLL IN SUPPORTING CHILDREN AND FAMILIES MAGNIFIED DUE TO COVID-19. BRIGHT FUTURES PROVIDED PPE, CLEANING SUPPLIES, CHILDCARE SCHOLARSHIPS TO FAMILIES AND TRAININGS ON BEST PRACTICES ADHERING TO PUBLIC HEALTH GUIDELINES. BRIGHT FUTURES SUPPORTED FAMILIES BE DELIVERING ESSENTIALS LIKE DIAPERS, FOOD AND WIPES. BRIGHT FUTURES ASSISTED WITH SCHOOL SUPPLIES AND SERVED AS A REFERRAL SOURCE TO AND FOR OTHER COMMUNITY RESOURCES.Desc
Total Program Service Expenses$1,678,621TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document66IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee26EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9707285613PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 4216AddressLine1Txt
CityTELLURIDECityNm
State AbbreviationCOStateAbbreviationCd
ZIP81435ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
SUSAN ALTMAN
BOARD CHAIR2.00Yes (X)Yes (X)$0$0$0
MARK BETTS
BOARD VICE-CHAIR1.00Yes (X)Yes (X)$0$0$0
MATTHEW BAYMA
BOARD TREASURER0.50Yes (X)Yes (X)$0$0$0
ALISON WRIGHT
BOARD SECRETARY0.50Yes (X)Yes (X)$0$0$0
KATHLEEN MERRITT
EXECUTIVE DIRECTOR40.00Yes (X)$106,003$0$0
GLORIA CHAVIRA
BOARD MEMBER1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$106,003TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PRIMETIME EARLY LEARNING CENTERBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line11215 SUMMIT AVEAddressLine1Txt
CityNORWOODCityNm
State AbbreviationCOStateAbbreviationCd
ZIP81423ZIPCd
FieldValueIRS element (for citing)
ServicesEDUCATIONServicesDesc
Compensation$108,215CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Government Grants$1,449,111GovernmentGrantsAmt
All Other Contributions$487,203AllOtherContributionsAmt
Total Contributions$1,936,314TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescCLASS REGISTRATION FEEDesc
Business611710BusinessCd
Total Revenue Column$1,833TotalRevenueColumnAmt
Related Or Exempt Func Income$1,833RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,833TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$8TotalRevenueColumnAmt
Exclusion$8ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,938,155TotalRevenueColumnAmt
Related Or Exempt Func Income$1,833RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$8ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$470,509TotalAmt
Program Services$470,509ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$139,738TotalAmt
Program Services$139,738ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$106,003TotalAmt
Program Services$106,003ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$381,527TotalAmt
Program Services$251,516ProgramServicesAmt
Management And General$29,873ManagementAndGeneralAmt
Fundraising$100,138FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$144,919TotalAmt
Program Services$109,598ProgramServicesAmt
Management And General$7,120ManagementAndGeneralAmt
Fundraising$28,201FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$42,933TotalAmt
Management And General$42,933ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$473,205TotalAmt
Program Services$473,205ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$35,940TotalAmt
Program Services$16,945ProgramServicesAmt
Management And General$18,995ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$28,805TotalAmt
Program Services$13,267ProgramServicesAmt
Management And General$3,476ManagementAndGeneralAmt
Fundraising$12,062FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$17,256TotalAmt
Program Services$16,570ProgramServicesAmt
Management And General$686ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,881TotalAmt
Management And General$3,881ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
COVID RESPONSE$43,067$43,067
SUPPLIES AND LEARNING M$37,261$35,378$1,883
CONSULTING$2,825$2,825

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,927,869TotalAmt
Program Services$1,678,621ProgramServicesAmt
Management And General$108,847ManagementAndGeneralAmt
Fundraising$140,401FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$435,780BOYAmt
EOY$628,354EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$450,639BOYAmt
EOY$252,432EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$886,419BOYAmt
EOY$880,786EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$105,667BOYAmt
EOY$123,274EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$58,318BOYAmt
EOY$24,792EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$163,985BOYAmt
EOY$148,066EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$119,421BOYAmt
EOY$200,823EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$603,013BOYAmt
EOY$531,897EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$722,434BOYAmt
EOY$732,720EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$886,419BOYAmt
EOY$880,786EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$10,286ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$649,194CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,790,231CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,265,286CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,801,209CurrentTaxYearMinus1YearAmt
Current Tax Year$1,936,314CurrentTaxYearAmt
Total$7,442,234TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$649,194CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,790,231CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,265,286CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,801,209CurrentTaxYearMinus1YearAmt
Current Tax Year$1,936,314CurrentTaxYearAmt
Total$7,442,234TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$524,216SubstantialContributorsTotAmt
Public Support Total170$6,918,018PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$161CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$61CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$67CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11CurrentTaxYearMinus1YearAmt
Current Tax Year$8CurrentTaxYearAmt
Total$308TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$326CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$881CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$1,300CurrentTaxYearMinus1YearAmt
Current Tax Year$1,833CurrentTaxYearAmt
Total$4,340TotalAmt
FieldValueIRS element (for citing)
Total Support$7,446,882TotalSupportAmt
Public Support CY1700.92900PublicSupportCY170Pct
Public Support PY1700.90710PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescACCRUED PAYROLL LIABILITIESDesc
Amt$24,792Amt
FieldValueIRS element (for citing)
Total Liability$24,792TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$1,938,155TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$1,938,155RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,938,155TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,927,869TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,927,869ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,927,869TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
ELAINE'S PLACE TELLURIDE LLC
894 BLACK BEAR ROADTELLURIDECO81435234567891$53,748$0FUNDS USED TO SUPPORT PROFESSIONAL DEVELOPMENT , FINANCIAL ASSISTANCE TO FAMILIES FOR CHILDCARE, AS WELL AS CAPACITY BUILDING AND QUALITY IMPROVEMENT TO CHILDCARE PROVIDERS.
MOUNTAIN MUNCHKINS
415 MOUNTAIN VILLAGE BLVDMOUNTAIN VILLAGECO81435234567891$84,121$0SEE COMMENT ABOVE.
MOUNTAIN SPROUTS
135 E GALENA AVETELLURIDECO81435841606538$60,309$0SEE COMMENT ABOVE.
PRIMETIME EARLY LEARNING CENTER
1215 SUMMIT STNORWOODCO81423234567891$90,585$0SEE COMMENT ABOVE.
RAINBOW PRESCHOOL
538 W COLORADOTELLURIDECO81435234567891$60,873$0SEE COMMENT ABOVE.
RASCALS TODDLER PROGRAM
1405 SOCIETY DRTELLURIDECO81435234567891$13,214$0SEE COMMENT ABOVE.
TELLURIDE DISTRICT PRESCHOOL
725 W COLORADO AVETELLURIDECO81435841207351$28,271$0SEE COMMENT ABOVE.
TELLURIDE PRESCHOOL
PO BOX 717TELLURIDECO81435841207351$54,560$0SEE COMMENT ABOVE.
FieldValueIRS element (for citing)
Total501c3 Org9Total501c3OrgCnt
Total Other Org22TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSAN MIGUEL COUNTY HAS CONTRACTED WITH BRIGHT FUTURES TO SERVE AS A PASS THROUGH ORGANIZATION TO DISTRIBUTE STRONG START FUNDING. THIS FUNDING COMES FROM A 0.75 PROPERTY TAX MILL LEVY DEDICATED TO THE FUND THE EARLY CHILDHOOD CARE AND EDUCATION FUND FOR PURPOSES OF IMPROVING THE QUALITY, AVAILABILITY AND AFFORDABILITY OF CHILDHOOD CARE AND EDUCATION FOR SAN MIGUEL COUNTY FAMILIES. BRIGHT FUTURES MAINTAINS EXTENSIVE RECORDS ON ELIGIBILITY FOR THE PROGRAM. BRIGHT FUTURES IS THE CONTRACT RECIPIENT AS THE GRANT ADMINISTRATOR.GrantTypeTxt
Recipient33RecipientCnt
Cash Grant$139,738CashGrantAmt
Non Cash AssistanceBRIGHT FUTURES PROVIDED A TOTAL OF 33 SCHOLARSHIPS TOTALING $139,738. THIS AMOUNT INCLUDES 33 SCHOLARSHIPS FOR INDIVIDUALS TOTALING $137,213 AND 3 SCHOLARSHIPS FOR PROFESSIONAL DEVELOPMENT TOTALING $2,525.NonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationSAN MIGUEL COUNTY HAS CONTRACTED WITH BRIGHT FUTURES TO SERVE AS A PASS THROUGH ORGANIZATION TO DISTRIBUTE STRONG START FUNDING. THIS FUNDING COMES FROM A 0.75 PROPERTY TAX MILL LEVY DEDICATED TO FUND THE EARLY CHILDHOOD CARE AND EDUCATION FUND FOR PURPOSES OF IMPROVING THE QUALITY, AVAILABILITY AND AFFORDABILITY OF CHILDHOOD CARE AND EDUCATION FOR SAN MIGUEL COUNTY FAMILIES. BRIGHT FUTURES MAINTAINS EXTENSIVE RECORD FOR THE PROGRAM. BRIGHT FUTURES IS THE CONTRACT RECIPIENT AS THE GRANT ADMINISTRATOR.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2BOARD VICE CHAIR - MARK BETTS WORKS FOR ASAP INC. FOR FISCAL YEAR JULY 01, 2021 - JUNE 30, 2022, ASAP PROVIDED PAYROLL PROCESSING AND BOOKKEEPING SERVICES TO BRIGHT FUTURES. THE TOTAL VALUE OF THESE SERVICES, $5,866 WERE PAID IN FULL BY BRIGHT FUTURES.
FORM 990, PART VI, SECTION B, LINE 11BTHE EXECUTIVE DIRECTOR (ED) AND THE BOARD OFFICER (BO), AS AVAILABLE, MEET AND REVIEW THE FORM 990 AND ALL ITS SUPPORTING DOCUMENTS WITH THE PRACTITIONER. AFTER THIS MEETING, THE ED AND BO MAKE A SUMMARY PRESENTATION TO THE ENTIRE BOARD AND UPON COMPLETION, VOTES TO ACCEPT THE 990 FOR FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION MAINTAINS A BOARD RESOURCE MANUAL FOR ALL DIRECTORS. THE EXECUTIVE COMMITTEE WORKS DILIGENTLY TO ENSURE THERE ARE NO CONFLICTS OF INTEREST IN THE ORGANIZATION'S OPERATIONS AND BETWEEN ANY STAFF AND OR BOARD MEMBERS OF THE ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 15THE ED AND STAFF WORK TO SECURE NON PROFIT SALARY SURVEYS FROMA VARIETY OF SOURCES. THIS INFORMATION ALONG WITH OTHER NON PROFIT SECTOR TRENDS AND RELATED AGENCY DATA ARE USED TO DEVELOP SALARY RANGES FOR EXECUTIVE, MANAGEMENT AND STAFF SALARIES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION COMPLIES WITH ALL PUBLIC DISCLOSURE REQUIREMENTS FOR ITS REQUIRED FILINGS IN A TIMELY MANNER. THESE REQUESTS ARE GENERALLY ANSWERED WITHIN TEN BUSINESS DAYS OF THE INQUIRY, AS ABLE. THE ORGANIZATION DOES NOT SHARE ITS INTERNAL FINANCIAL STATEMENTS.
FORM 990, PART IX, LINE 11GEARLY CHILDHOOD TEACHER AND PARENT TRAINING: PROGRAM SERVICE EXPENSES 119,565. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 119,565. PROVIDER QUALITY IMPROVEMENT: PROGRAM SERVICE EXPENSES 353,640. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 353,640.
FORM 990, PART XII, LINE 2CTHE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

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