BRIGHT PROSPECT (EIN 522363234) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

BRIAN STATON

Phone

9096239007

Tax Period

2024-07-01 to 2025-06-30

BRIGHT PROSPECT, founded in 2001, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $586K, a strong 21% operating margin.

Mission

BRIGHT PROSPECT EMPOWERS FIRST GENERATION LOW-INCOME STUDENTS TO GAIN ADMISSION, TO SUCCEED IN, AND GRADUATE FROM COLLEGES AND UNIVERSITIES BY PROVIDING A COMPREHENSIVE COUNSELING AND SUPPORT SYSTEM THROUGHOUT THEIR HIGH SCHOOL AND COLLEGE YEARS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,571,103

Program Service Revenue $0

Investment Income $49,871

Other Revenue $120,001

TOTAL REVENUE $2,740,975

Expense Breakdown

Grants Paid $131,367

Salaries & Benefits $1,454,907

Fundraising Expenses $0

Program Expenses $1,937,056

Other Expenses $568,205

TOTAL EXPENSES $2,154,479

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,740,975	$1,788,092	+0.5%
Expenses	$2,154,479	$1,923,981	+0.1%
Net Income	$586,496	$-135,889	-5.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

150

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$176,807

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOLLY REYNOLDS	Executive Dir.	40.00	Director	$176,807	$0	$176,807
DEVORAH LIEBERMAN	Director	1.00	Director	$0	$0	$0
DR STEPHEN MORGAN	Director	1.00	Director	$0	$0	$0
KYLE WEBB	Treasurer	1.00	Officer Director	$0	$0	$0
SHANDRIA RICHMOND-ROBERTS	Director	1.00	Director	$0	$0	$0
MATTHEW NEELEY	Secretary	1.00	Officer Director	$0	$0	$0
MARK WARREN	Vice President	1.00	Officer Director	$0	$0	$0
BRIAN STATON	President	1.00	Officer Director	$0	$0	$0
JASON CORDOVA	Director	1.00	Director	$0	$0	$0
MARISOL RAMIREZ	Director	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$2,740,975	$2,154,479	$4,316,068	$586,496
2024	$1,788,092	$1,923,981	$3,723,643	$-135,889
2023	$2,772,639	$2,206,317	$3,795,332	$566,322
2022	$2,662,649	$1,857,646	$3,297,264	$805,003
2021	$2,635,883	$1,907,582	$2,525,553	$728,301
2020	$2,535,120	$2,875,538	$1,946,020	$-340,418
2019	$2,559,204	$2,483,863	$2,111,902	$75,341
2018	$2,798,631	$2,722,957	$1,955,784	$75,674

BRIGHT PROSPECT