NonprofitsBright Promise

Bright Promise

CHICAGO, IL

Total revenue

$3.4M

Total expenses

$722K

Net assets

$5.5M

Grants received

$571K

10 grants

EIN

363634360

Tax year

2024

Mission

To strengthen and sustain partner christian schools by generating new sources of revenue so that more families may experience the benefit from urban christian education.

Programs

1 program

The organization now includes new to you upscale resale. Proceeds will be used to provide a professional network for christians involved in private, public, and christian education in urban north america.

Expenses: $183K

Financials

FY 2024

Revenue

Contributions & grants$2.9M
Program service revenue$414K
Investment income$94K
Other revenue$9K
Total revenue$3.4M

Expenses

Grants paid$295K
Salaries & benefits$178K
Fundraising$118K
Other expenses$249K
Total expenses$722K
Total assets$5.8M
Net assets$5.5M

People

9 listed

NameRoleCompensation

STEVE BLOM

EXECUTIVE DIRECTOR

Board

$90K

40 hrs/wk

RYNE DEBOER

DIRECTOR

Board

3 hrs/wk

KEN ERFFMEYER

DIRECTOR

Board

3 hrs/wk

LOU FAN

DIRECTOR

Board

3 hrs/wk

AMY GROENEWOLD

DIRECTOR

Board

3 hrs/wk

CLARENCE MEDEMA

DIRECTOR

Board

3 hrs/wk

ANN VANDERWEELE

SECRETARY

Board

3 hrs/wk

CHRIS WIESEHAN

PRESIDENT/TREASURER

Board

3 hrs/wk

TED WILLIAMS

DIRECTOR

Board

3 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$10K
General & Unrestricted
2024
$1K
Kids scholarship fund
2024
$1K
General & Unrestricted
2024
$5K
URBAN NON PUBLIC EDUCATION FUND
2023
$500K
For grant recipient's exempt purposes
2022
$28K
GENERAL SUPPORT
2022
$5K
General & Unrestricted
2022
$1K
General & Unrestricted
2022

Funded by

$571K from 6 funders · 10 grants · 2022–2024

The Blackbaud Giving Fund

$28K · 1 grant · 2022

American Endowment Foundation

$20K · 2 grants · 2023–2024

The FJK Private Foundation

$20K · 3 grants · 2022–2024

The Brandsma Family Foundation

$2K · 2 grants · 2022–2024

Details

EIN363634360
Subsection03
Ruling date1989-04
Formed1988
Employees7
Volunteers70
BRIGHT PROMISE — Mission, Financials & Grants Received | Grantivo