Nonprofit · EIN 93-3908880
DALLAS BRIGHT FUTURES
Tax-exempt · DALLAS, TX 75254
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $143,300 | $210,235 | -$66,935 | $151 | $220 | -$69 |
| December 31, 2024 | 990 | $255,000 | $236,350 | $18,650 | $66,966 | $100 | $66,866 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $143,300
Expenses
- Grants and similar amounts paid
- $197,005
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $7,908
- Other expenses
- $5,322
- Program services (functional)
- $201,768
Balance sheet and other
- Total assets, start of year
- $66,966
- Total assets, end of year
- $151
- Total liabilities, end of year
- $220
- Net assets, end of year
- -$69
- Cash, savings and investments
- $51
- Gross receipts
- $143,300
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MONTY BENNETT | President | 1 | $0 |
| MICHAEL BAILEY | Secretary | 1 | $0 |
| SARAH Z BENNETT | Director | 1 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MONTY BENNETT | President Trustee or director, Officer | 1 | $0 |
| MICHAEL BAILEY | Secretary Trustee or director, Officer | 1 | $0 |
| SARAH Z BENNETT | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 14185 DALLAS PARKWAY 1200, DALLAS, TX 75254-1319
- In care of
- % MICHAEL BAILEY
- Mailing address (990-N for 2023)
- 14185 DALLAS PARKWAY 1200, DALLAS TX 75254
- Principal officer (990-N for 2023)
- MONTY BENNETT, 14185 DALLAS PARKWAY 1200, DALLAS TX 75254
- Signed the 990-EZ
- MONTY BENNETT, President
- Phone
- (972) 778-9211
- Website
- DALLASBRIGHTFUTURES.ORG
- Return prepared by
- Sutton Frost Cary LLP
Mission
Dallas Bright Futures, a dedicated non-profit organization, operates as the foundational support for The Monty J and Sarah Z Bennett Dallas ISD Scholarship. Our mission is to empower and uplift underserved high school students within the Dallas Independent School District by providing substantial scholarship opportunities.
Program accomplishments
- PROVIDING SCHOLARSHIPS TO TALENTED STUDENTS WHO FACE FINANCIAL OR SOCIETAL OBSTACLES.Expenses $201,768 · grants $197,005
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 93-3908880
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $151
- Income (IRS master file)
- $143,300
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $143,300 | $210,235 | $151 | XML |
| 990 | December 2024 | $255,000 | $236,350 | $66,966 | XML |
| 990-N for 2023 Officer: MONTY BENNETT | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 93-3908880).
Questions about DALLAS BRIGHT FUTURES
- What is the EIN of DALLAS BRIGHT FUTURES?
- The employer identification number (EIN) of DALLAS BRIGHT FUTURES is 93-3908880.
- Is DALLAS BRIGHT FUTURES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to DALLAS BRIGHT FUTURES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DALLAS BRIGHT FUTURES file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DALLAS BRIGHT FUTURES due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DALLAS BRIGHT FUTURES last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of DALLAS BRIGHT FUTURES?
- The 990-N for 2023 names MONTY BENNETT.
- Who are the officers and directors of DALLAS BRIGHT FUTURES?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does DALLAS BRIGHT FUTURES have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $143,300, expenses of $210,235 and total assets of $151 at year end.
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