Bright Hopes
- Assets
- $8.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 08/2008
- Data as of
- 06/2024
- EIN
- 26-1693910
Organization Overview
Bright Hopes is located in Charlotte, NC. The organization was established in 2008. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bright Hopes is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Bright Hopes generated $17.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $17.3k during the year ending 06/2024. While expenses have increased by 3.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
BRIGHT HOPES KEPT YOUTH LEARNING BY SUPPORTING THEM WITH STAYING CONNECTED TO THEIR SCHOOL. WE PROVIDED INFORMATION AND CONNECTIONS TO COMMUNITY SUPPORTIVE RESOURCES AND ENCOURAGED YOUTH WITH INCENTIVES AND MOTIVATING ACTIVITIES. WE ALSO PROVIDED SNACKS TO KEEP YOUTH ENCOURAGED. IT IS HARD TO LEARN IF YOU ARE HUNGRY. SOMETIMES YOUTH JUST NEED A RESPONSIBLE ADULT TO LISTEN TO THEM. WE PROVIDED FOOD AND FOOD CONNECTIONS, AND WE ADVOCATED FOR FAMILIES WHO NEEDED SUPPORT FOR THEIR BASIC NEEDS OF CLOTHING, FOOD, AND SHELTER. WE PROVIDED LAUNDRY SUPPLIES AND SUPPORT WHEN NEEDED. WE ALSO PROVIDED YOUTH SUBSTANCE ABUSE PREVENTION WORKSHOPS. OUR NEWEST PROJECT "BRIGHT HOPES KINDERGARTEN ATTENDANCE BOOSTER SUPPORT" WORKS TO REDUCE THE NUMBER OF KINDERGARTEN STUDENTS THAT GET PUT OUT OF SCHOOL EACH YEAR DUE TO NOT MEETING IMMUNIZATION GUIDELINES. OUR COMMUNITY HAS THE RESOURCES TO ADDRESS THIS CONCERN, BUT FAMILIES NEED HELP WITH CONNECTING TO THE RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Phillips Board Of Director | 1 | $0 | |
Gwendolyn Forney President And Director | 3 | $1,050 | |
Tawana Gladden Treasurer | 2 | $0 | |
Shirley Crawford Board Chair | 1 | $0 | |
Xiomara Livingston Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,048 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,048 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,420 |
| Professional fees and other payments to independent contractors | $629 |
| Occupancy, rent, utilities, and maintenance | $6,000 |
| Printing, publications, postage, and shipping | $236 |
| Other expenses | $7,014 |
| Total expenses | $17,299 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,302 |
| Other assets | $0 |
| Total assets | $8,302 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,302 |