Charity Search / BRIGHT PROMISES FOUNDATION
Animal-Related (D200) IRS Verified DX Registered 990 on File

BRIGHT PROMISES FOUNDATION

EIN: 36-2182047 · CHICAGO, IL 60606-3482 · United States · FY 2024 Data
3 out of 5
CharityAI™ Score
Not yet evaluated
Mission Statement

The mission of Bright Promises Foundation is to support, implement and expand programs that address the urgent, unmet needs of low-income and at-risk children and families, while also contributing to the creation of long-term solutions that increase equity and access to quality programs and services in the Greater Metropolitan Chicago Area. Through research and discussion with leading children’s experts, Bright Promises determines the most critical needs of Chicagoland children that are currently under-recognized and underfunded. Then, we carefully select leading community-based social service agencies and provide the necessary knowledge, experience, and financial support to implement and expand cutting-edge programs that are results-driven, sustainable, and improve the lives of children now and in the future. Last year we supported programs serving more than 10,000 children, 3,600 parents, and 1,300 service providers at 86 sites throughout Chicagoland.

Financial Overview — FY 2024
$461K
Total Revenue
$896K
Total Expenses
$5.8M
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 72.7%
Fundraising Efficiency 351.7%
Operating Reserve 77.63x
Liability-to-Asset 2.9%
Revenue Diversification 64.9%
Executive Compensation $110K
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $461K $896K $5.8M 72.7% 2
2023 $1.5M $981K $6.1M 70.7% 2
2022 $1.1M $768K $4.6M 66.7% 2
2021 $676K $767K N/A 1
Donor Reviews
No reviews yet

Be the first to share your experience with this organization.


Write a Review
Minimum 20 characters
Reviews appear after moderation (usually within 24 hours)
Organization Details
EIN
36-2182047
State
IL
City
CHICAGO
ZIP
60606-3482
Classification
D200
Category
Animal-Related
Rating
48★
Last Updated
Aug 2026
IRS Ruling Year
1869
Foundation Code
15
Form 990
On File
Back to Search New Search