Bright Beginnings
- Assets
- $4.0m
- Revenue
- $1.2m
- Investments
- $2.5m
- Employees
- 11
- Location
- Denver, CO
- Founding
- 04/1997
- Data as of
- 12/2023
- EIN
- 84-1382420
Organization Overview
Bright Beginnings, operating under the name Bright By Text, is located in Denver, CO. The organization was established in 1997. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2023, Bright By Text employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bright By Text 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 12/2023, Bright By Text generated $1.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. While expenses have increased by 6.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BRIGHT BY TEXT HELPS ALL FAMILIES GIVE KIDS A BRIGHT BEGINNING SO THEY CAN GROW INTO HEALTHY, HAPPY, AND SUCCESSFUL ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRIGHT BY TEXT WAS DEVELOPED TO DELIVER BITE-SIZED AND DEVELOPMENTALLY- TARGETED DOSES OF OUR CURATED RESEARCH-BASED CURRICULUM RIGHT TO CELL PHONES OF PARENTS AND CAREGIVERS AT NO COST. EACH MESSAGE CONTAINS A CONCEPT, RESOURCE OR ACTIVITY, AND LINKS TO A LANDING PAGE WITH MORE DETAIL AND EXAMPLES, RELATED RESOURCES, AND MANY INCLUDE A SHORT MODELING VIDEO. TEXT MESSAGES ARE TARGETED TO THE AGE AND DEVELOPMENTAL STAGE OF THE CHILD. THE PROGRAM ALSO PROVIDES TARGETED LOCAL CONTENT, BASED ON THE CAREGIVER'S ZIP CODE. BRIGHT BY TEXT CURRENTLY SERVES CAREGIVERS IN ALL 50 STATES WITH EXPERT RESEARCH-BASED CONTENT AS WELL AS RELEVANT LOCALIZED MESSAGES. DURING 2023, BBT HAS CONTRACTS WITH 92 ENTITIES AND SERVED 217,700 FAMILIES.
IN COLORADO, BRIGHT BY TEXT PROVIDES FREE CURRICULUM IN BOTH ENGLISH AND SPANISH FOR PARENTS AND CAREGIVERS WITH CHILDREN UNDER THREE YEARS OLD. THE MATERIALS CONTAIN ACCURATE, RESEARCH-BASED INFORMATION, TOOLS, AND RESOURCES TO HELP PARENTS AND CAREGIVERS GIVE THEIR CHILD THE BEST START IN LIFE. COLORADO PARTNERS MEET PARENTS AND CAREGIVERS AT HOME, AT WORK, AT THE PEDIATRICIAN'S OFFICE, IN GROUPS OR AT ANY COMMUNITY SETTING OF THEIR CHOICE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Demarest Director | Trustee | 2 | $0 |
Dave Mesko Director | Trustee | 2 | $0 |
Rupen Patel Director | Trustee | 2 | $0 |
Greg Gossett Chair | OfficerTrustee | 2 | $0 |
Tim Mccormack Treasurer | OfficerTrustee | 2 | $0 |
Lauren Klostermann Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $322,869 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,205 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $448,074 |
| Total Program Service Revenue | $621,693 |
| Investment income | $151,659 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,221,581 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $337,254 |
| Compensation of current officers, directors, key employees. | $72,797 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $461,327 |
| Pension plan accruals and contributions | $3,269 |
| Other employee benefits | $34,883 |
| Payroll taxes | $63,765 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $93,140 |
| Fees for services: Accounting | $80,353 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $854,771 |
| Advertising and promotion | $0 |
| Office expenses | $20,383 |
| Information technology | $2,336 |
| Royalties | $0 |
| Occupancy | $2,250 |
| Travel | $7,228 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,377 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,218 |
| Insurance | $4,811 |
| All other expenses | $1,180 |
| Total functional expenses | $2,004,545 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,789 |
| Savings and temporary cash investments | $1,237,585 |
| Pledges and grants receivable | $55,606 |
| Accounts receivable, net | $37,917 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,745 |
| Net Land, buildings, and equipment | $2,202 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,467,369 |
| Investments—program-related | $0 |
| Intangible assets | $121,712 |
| Other assets | $0 |
| Total assets | $4,049,925 |
| Accounts payable and accrued expenses | $25,701 |
| Grants payable | $0 |
| Deferred revenue | $280,700 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $306,401 |
| Net assets without donor restrictions | $3,562,465 |
| Net assets with donor restrictions | $181,059 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,049,925 |