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Filing year 2023

BRIGHT PROMISE

Chicago, Illinois·EIN 36-3634360·3
Total revenue
$1M
Total assets
$3.2M
Total expenses
$713k
Reported officers
9
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.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Di
25th percentile to median
$87k
$96k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Up 5%
from 2022

From $83k in 2022 to $87k in 2023.

$83k
2022
$87k
2023
In today's dollarsEst.
Up 2% in real terms$95k to $96k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 5% from 2022 to 2023, while revenue fell 24%.

$83k in 2022 to $87k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

BRIGHT PROMISE reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.4M
$689k
2022
$1M
$713k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BRIGHT PROMISE

What does the Chief Executive Officer of BRIGHT PROMISE earn?

In 2023, the Chief Executive Officer of BRIGHT PROMISE received $86,911 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BRIGHT PROMISE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at BRIGHT PROMISE falls between the 25th percentile and the median.

What are BRIGHT PROMISE's revenue and expenses?

In 2023, BRIGHT PROMISE reported $1M in total revenue and $713k in total expenses on its IRS Form 990.

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