BETA

BRIGHT FUTURES: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
BRIGHT FUTURES (EIN 20-2169766)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-01-19
IRS object ID
202620199349300977
Schema version
2024v5.5
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)
Return2026-01-19T16:30:37-06:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

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 Begin2024-07-01TaxPeriodBeginDt

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)
PersonMATTHEW BAYMAPersonNm
Person TitleCHAIRPersonTitleTxt
Phone9707285613PhoneNum
Signature2026-01-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARK S KAVASCH CPAPreparerPersonNm
PTINP00107511PTIN
Phone9709253771PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMATTHEW BAYMAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 4216AddressLine1Txt
CityTELLURIDECityNm
State AbbreviationCOStateAbbreviationCd
ZIP81435ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,592,249GrossReceiptsAmt
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 Independent5VotingMembersIndependentCnt
Total Employee37TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,647,465PYContributionsGrantsAmt
CY Contributions Grants$2,569,587CYContributionsGrantsAmt
PY Program Service Revenue$1,513PYProgramServiceRevenueAmt
CY Program Service Revenue$1,787CYProgramServiceRevenueAmt
PY Investment Income$16,740PYInvestmentIncomeAmt
CY Investment Income$20,875CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,665,718PYTotalRevenueAmt
CY Total Revenue$2,592,249CYTotalRevenueAmt
PY Grants And Similar Paid$723,943PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$936,574CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,129,911PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,037,970CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$147,615CYTotalFundraisingExpenseAmt
PY Other Expenses$612,067PYOtherExpensesAmt
CY Other Expenses$649,228CYOtherExpensesAmt
PY Total Expenses$2,465,921PYTotalExpensesAmt
CY Total Expenses$2,623,772CYTotalExpensesAmt
PY Revenues Less Expenses$199,797PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$31,523CYRevenuesLessExpensesAmt
Total Assets BOY$1,289,151TotalAssetsBOYAmt
Total Assets EOY$1,367,122TotalAssetsEOYAmt
Total Liabilities BOY$183,553TotalLiabilitiesBOYAmt
Total Liabilities EOY$293,047TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,105,598NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,074,075NetAssetsOrFundBalancesEOYAmt
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 ACROSS KEY SYSTEMS OF FAMILY SUPPORT AND EARLY CHILDHOOD CARE AND EDUCATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,360,340ExpenseAmt
Grant$936,574GrantAmt
Revenue$1,787RevenueAmt
DescBRIGHT FUTURES IS DEDICATED TO IMPROVING THE LIVES OF CHILDREN AND FAMILIES IN WESTERN COLORADO THROUGH INTEGRATED SERVICES IN EARLY CHILDHOOD CARE, EDUCATION, AND FAMILY SUPPORT. OPERATING AS AN EARLY CHILDHOOD COUNCIL, FAMILY RESOURCE CENTER, AND THE LOCAL COORDINATING ORGANIZATION (LCO) FOR UNIVERSAL PRESCHOOL (UPK), THE ORGANIZATION SERVES DELTA, MONTROSE, OURAY, SAN MIGUEL, AND SAN JUAN COUNTIES.KEY ACCOMPLISHMENTS IN THE PAST FISCAL YEAR:1) EARLY CHILDHOOD QUALITY & WORKFORCE DEVELOPMENT: 80% OF LICENSED CHILDCARE PROVIDERS ENGAGED IN QUALITY IMPROVEMENT THROUGH COLORADO SHINES. 93 EARLY CHILDHOOD TEACHERS RECEIVED PYRAMID COACHING, POSITIVELY IMPACTING 1,337 CHILDREN. THE ORGANIZATION PROVIDED 69 PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR EARLY EDUCATORS.2) FAMILY SUPPORT SERVICES: TAILORED PROGRAMS STRENGTHENED FAMILIES AND IMPROVED OUTCOMES FOR VULNERABLE CHILDREN (BIRTH-18). THROUGH PARENTS AS TEACHERS (PAT), 364 HOME VISITS WERE CONDUCTED, AND 243 PARENTS ATTENDED WORKSHOPS. THE INTEGRATED SUPPORT SERVICES TEAM SERVED 39 CHILDREN WITH A HOLISTIC, CHILD-CENTERED APPROACH. $37,589 WAS DISTRIBUTED TO 8 FAMILIES THROUGH A "FLEX FUNDING" PROGRAM TO OFFER BASIC NEEDS SUCH AS HOUSING, FOOD, OR TRANSPORTATION.3) SAN MIGUEL COUNTY EARLY CHILDHOOD SUPPORT: UNDER THE STRONG START PROGRAM, BRIGHT FUTURES ADMINISTERED QUALITY IMPROVEMENT/CAPACITY-BUILDING GRANTS, TEACHER RECOGNITION AWARDS, AND CHILDCARE FINANCIAL ASSISTANCE. A TOTAL OF $733,785 IN GRANTS AND FINANCIAL ASSISTANCE WAS AWARDED. 4) UNIVERSAL PRESCHOOL IMPLEMENTATION: AS THE STATE-APPOINTED LCO, THE ORGANIZATION SUPPORTED FAMILIES, SCHOOL DISTRICTS, AND EARLY CHILDHOOD PROVIDERS IN FIVE COUNTIES TO ENSURE UPK ACCESS. 5) EARLY CHILDHOOD INFRASTRUCTURE & EXPANSION: PARTNERING WITH RURAL HOMES EARLY CHILDHOOD INITIATIVE, THE ORGANIZATION SUPPORTS HOMEOWNERSHIP PATHWAYS FOR FAMILY CHILD CARE PROVIDERS IN OURAY COUNTY. TEMPORARY STATE STIMULUS FUNDING ENABLED INITIATIVES SUCH AS FAMILY CHILD CARE HOME NAVIGATION, AND EXPANDED QUALITY IMPROVEMENT GRANTS. 6) AMERICORPS EARLY CHILDHOOD PILOT PROGRAM: RECRUITED 7 AMERICORPS MEMBERS AT 4 CHILDCARE SITES IN TELLURIDE, MONTROSE, DELTA, AND GUNNISON. 5 MEMBERS WERE RECRUITED LAST FISCAL YEAR, AND 1 GRADUATED FROM THE PROGRAM.BRIGHT FUTURES CONTINUES TO ADDRESS THE REGION'S CHILDCARE GAPS, ENHANCE FAMILY RESILIENCE, AND IMPROVE ACCESS TO HIGH-QUALITY EARLY LEARNING, ENSURING LONG-TERM BENEFITS FOR CHILDREN AND COMMUNITIES.Desc
Total Program Service Expenses$2,360,340TotalProgramServiceExpensesAmt
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 RequiredYes (1)ScheduleJRequiredInd
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 Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee37EmployeeCnt
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 Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
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 DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
SUSAN ALTMAN
BOARD MEMBER1.00Yes (X)$0$0$0
MATTHEW BAYMA
BOARD CHAIR1.00Yes (X)$0$0$0Yes (X)
ALISON WRIGHT
BOARD TREASURER & SECRETARY1.00Yes (X)$0$0$0Yes (X)
GLORIA CHAVIRA
BOARD MEMBER1.00Yes (X)$0$0$0
HEATHER YOUNG
BOARD VICE CHAIR1.00Yes (X)$0$0$0Yes (X)
KATHLEEN MERRITT
EXECUTIVE DIRECTOR40.00$156,382$0$30,661Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$156,382TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$30,661TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$2,016,902GovernmentGrantsAmt
All Other Contributions$552,685AllOtherContributionsAmt
Total Contributions$2,569,587TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescCLASS REGISTRATION FEEDesc
Business611710BusinessCd
Total Revenue Column$1,787TotalRevenueColumnAmt
Related Or Exempt Func Income$1,787RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,787TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$20,875TotalRevenueColumnAmt
Exclusion$20,875ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,592,249TotalRevenueColumnAmt
Related Or Exempt Func Income$1,787RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$20,875ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$772,649TotalAmt
Program Services$772,649ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$163,925TotalAmt
Program Services$163,925ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$149,727TotalAmt
Program Services$67,377ProgramServicesAmt
Management And General$7,486ManagementAndGeneralAmt
Fundraising$74,864FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$646,381TotalAmt
Program Services$608,660ProgramServicesAmt
Management And General$8,036ManagementAndGeneralAmt
Fundraising$29,685FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$17,454TotalAmt
Program Services$14,895ProgramServicesAmt
Management And General$342ManagementAndGeneralAmt
Fundraising$2,217FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$224,408TotalAmt
Program Services$191,504ProgramServicesAmt
Management And General$4,402ManagementAndGeneralAmt
Fundraising$28,502FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$61,785TotalAmt
Management And General$61,785ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$378,527TotalAmt
Program Services$377,943ProgramServicesAmt
Management And General$584ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$35,665TotalAmt
Program Services$12,829ProgramServicesAmt
Management And General$22,836ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$58,323TotalAmt
Program Services$44,202ProgramServicesAmt
Management And General$1,774ManagementAndGeneralAmt
Fundraising$12,347FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$53,363TotalAmt
Program Services$53,363ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,745TotalAmt
Management And General$6,745ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescSUPPLIES AND LEARNING MDesc
Total$54,820TotalAmt
Program Services$52,993ProgramServicesAmt
Management And General$1,827ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,623,772TotalAmt
Program Services$2,360,340ProgramServicesAmt
Management And General$115,817ManagementAndGeneralAmt
Fundraising$147,615FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$829,965BOYAmt
EOY$1,108,544EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$415,353BOYAmt
EOY$249,652EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$43,833BOYAmt
EOY$8,926EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,289,151BOYAmt
EOY$1,367,122EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$41,991BOYAmt
EOY$195,304EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$141,562BOYAmt
EOY$97,743EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$183,553BOYAmt
EOY$293,047EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$277,379BOYAmt
EOY$325,410EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$828,219BOYAmt
EOY$748,665EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,105,598BOYAmt
EOY$1,074,075EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,289,151BOYAmt
EOY$1,367,122EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$31,523ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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$1,801,209CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,936,314CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,529,275CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,647,465CurrentTaxYearMinus1YearAmt
Current Tax Year$2,569,587CurrentTaxYearAmt
Total$11,483,850TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,801,209CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,936,314CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,529,275CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,647,465CurrentTaxYearMinus1YearAmt
Current Tax Year$2,569,587CurrentTaxYearAmt
Total$11,483,850TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$409,183SubstantialContributorsTotAmt
Public Support Total170$11,074,667PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,729CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,740CurrentTaxYearMinus1YearAmt
Current Tax Year$20,875CurrentTaxYearAmt
Total$41,363TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,300CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,833CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,130CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,513CurrentTaxYearMinus1YearAmt
Current Tax Year$1,787CurrentTaxYearAmt
Total$8,563TotalAmt
FieldValueIRS element (for citing)
Total Support$11,533,776TotalSupportAmt
Public Support CY1700.96020PublicSupportCY170Pct
Public Support PY1700.94340PublicSupportPY170Pct
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 (2 entries)

DescDescAmtAmt
ACCRUED PAYROLL LIABILITIES$88,817
OPERATING LEASE LIABILITIES$8,926
FieldValueIRS element (for citing)
Total Liability$97,743TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$2,592,249TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,592,249RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,592,249TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,623,772TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,623,772ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,623,772TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
ELAINE'S PLACE TELLURIDE LLC
894 BLACK BEAR ROADTELLURIDECO81435234567891$46,643$0FUNDS USED TO SUPPORT PROFESSIONAL DEVELOPMENT , FINANCIAL ASSISTANCE TO FAMILIES FOR CHILDCARE, AS WELL AS CAPACITY BUILDING AND QUALITY IMPROVEMENT TO CHILDCARE PROVIDERS.
MOUNTAIN SPROUTS
135 E GALENA AVETELLURIDECO81435841606538$64,178$0SEE COMMENT ABOVE.
PRIMETIME EARLY LEARNING CENTER
1215 SUMMIT STNORWOODCO81423234567891$209,601$0SEE COMMENT ABOVE.
RAINBOW PRESCHOOL
538 W COLORADOTELLURIDECO81435234567891$91,039$0SEE COMMENT ABOVE.
RASCALS TODDLER PROGRAM
1405 SOCIETY DRTELLURIDECO81435234567891$27,184$0SEE COMMENT ABOVE.
TELLURIDE DISTRICT PRESCHOOL
725 W COLORADO AVETELLURIDECO81435841207351$27,063$0SEE COMMENT ABOVE.
TELLURIDE PRESCHOOL
PO BOX 717TELLURIDECO81435841207351$85,405$0SEE COMMENT ABOVE.
MOUNTAIN MUNCHKINS
415 MOUNTAIN VILLAGE BLVDMOUNTAIN VILLAGECO81435234567891$156,938$0SEE COMMENT ABOVE.
BEEHIVE FAMILY CHILD CARE
2001 W HWY 145 SPUR UNIT C6TELLURIDECO81435760129364$58,310$0SEE COMMENT ABOVE.

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
Recipient38RecipientCnt
Cash Grant$163,925CashGrantAmt
Non Cash AssistanceBRIGHT FUTURES PROVIDED 38 SCHOLARSHIPS FOR INDIVIDUALS TOTALING $163,925.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 J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonKATHLEEN MERRITTPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$156,382BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$4,548DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$26,113NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$187,043TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 EXECUTIVE DIRECTOR AND STAFF WORK TO SECURE NON PROFIT SALARY SURVEYS FROM A 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 106,942. MANAGEMENT AND GENERAL EXPENSES 87. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 107,029. PROVIDER QUALITY IMPROVEMENT: PROGRAM SERVICE EXPENSES 269,527. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 269,527. CONSULTING: PROGRAM SERVICE EXPENSES 1,474. MANAGEMENT AND GENERAL EXPENSES 497. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,971.

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