Minnesota · Nonprofit
BRIGHT PROSPECTS COOPERATIVE PRESCHOOL
BRIGHT PROSPECTS COOPERATIVE PRESCHOOL (Minnesota) receives grants from 2 organizations whose IRS filings report $5,422 to it, the largest being MIGHTYCAUSE CHARITABLE FOUNDATION ($5,350). 1 of them have funded it in more than one year.
- Revenue FY2025
- $110k
- Funders on record
- 2
- Grants received
- $5k
- Net assets
- $84k
What Bright Prospects Cooperative Preschool does
Mission
State licensed preschool
As stated on its FY2025 Form 990-EZ.
Program
BRIGHT PROSPECTS IS A COOPERATIVE, NONDISCRIMINATORY STATE-LICENSED PRESCHOOL FOR CHILDREN 33 MONTHS TO 5 YEARS. Program Accomplishments for September 2025 - May 2026: We provided preschool education for 23 students during the 2025-2026 school year. Classes were held at the preschools classroom inside Holy Trinity Lutheran Church on weekdays from September through May. This preschool runs on a cooperative model and offers affordable, sliding scale pricing to make it as accessible as possible. We rely on a high level of involvement from teachers and families to make our school great and this year was no different. Each day a family member volunteered in the classroom on a rotating basis. Families also contributed their time and effort to the school through membership meetings, participation on the Board and in committees, participation in volunteer events, and by planning events like the art show, play, and holiday parties. Members also planned opportunities for children and their families to connect outside of school to build community.This year we opened a Simple IRA account for each of our teachers, providing a 3% match to help fund their retirement accounts.
$93,431 spent100% of program spending
The program described on its FY2025 Form 990-EZ. Program spending in total: $93,431.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $42k to $55k (+31%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Rose James
Member chair
As listed on its FY2025 Form 990-EZ.
Who funds it, year by year
2020 → 2023: the base held at 1 funder, grant income fell $20 → $19.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of BRIGHT PROSPECTS COOPERATIVE PRESCHOOL’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
BRIGHT PROSPECTS COOPERATIVE PRESCHOOL leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BRIGHT PROSPECTS COOPERATIVE PRESCHOOL.
Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
BRIGHT PROSPECTS COOPERATIVE PRESCHOOL draws 100% of its grant income from funders outside Minnesota, across 1 state in all.
Funder states come from each funder’s own filing. $72 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like BRIGHT PROSPECTS COOPERATIVE PRESCHOOL
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
87%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for BRIGHT PROSPECTS COOPERATIVE PRESCHOOL: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds BRIGHT PROSPECTS COOPERATIVE PRESCHOOL?
- BRIGHT PROSPECTS COOPERATIVE PRESCHOOL (Minnesota) receives grants from 2 organizations whose IRS filings report $5,422 to it, the largest being MIGHTYCAUSE CHARITABLE FOUNDATION ($5,350). 1 of them have funded it in more than one year.
- How many funders does BRIGHT PROSPECTS COOPERATIVE PRESCHOOL have?
- IRS filings report 2 organizations giving $5,422 in grants to BRIGHT PROSPECTS COOPERATIVE PRESCHOOL, 1 of which have funded it in more than one year.
- Who is the largest funder of BRIGHT PROSPECTS COOPERATIVE PRESCHOOL?
- MIGHTYCAUSE CHARITABLE FOUNDATION is the largest funder on record, with $5,350 in grants. The full list of funders is on this page.
- How can an organization like BRIGHT PROSPECTS COOPERATIVE PRESCHOOL find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Bright Prospects Cooperative Preschool →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing