Civic Intelligence

Bright Hope Preschool

EIN 47-2279226 • 501(c)3 • Covington, WA

990-N Coverage

Profile

The Education of Children ages 3-5 years of age.

20730 SE 272nd StCovington, WA 98042

www.brighthopepreschool.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

34th percentile

-6.5%

Higher net margin than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

89th percentile

$24,016

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 29.7% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

35th percentile

-18%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$5

Down $1,357 (-100%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

$5

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin34th percentile

Revenue

Down

$80,904

Down $17,766 (-18%) from 2024

Expenses

Down

$86,158

Down $11,909 (-12%) from 2024

Net Income

Down

-$5,254

Down $5,857 (-971%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2023: $20,158Liabilities 2023: $02023Assets 2024: $1,362Liabilities 2024: $02024Assets 2025: $5Liabilities 2025: $0Net Assets 2025: $52025

Highlighted filing

2025

Assets$5
Liabilities$0
Net Assets$5
Open 2025 Filing

Operations Trend

Revenue Growth35th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2023: $104,164Expenses 2023: $103,469Net Income 2023: $6952023Revenue 2024: $98,670Expenses 2024: $98,067Net Income 2024: $6032024Revenue 2025: $80,904Expenses 2025: $86,158Net Income 2025: -$5,2542025

Highlighted filing

2025

Revenue$80,904
Expenses$86,158
Net Income-$5,254
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5
Liabilities
$0
Net assets
$5
Revenue
$80,904
Expenses
$86,158
Net income
-$5,254
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.81$0.86$0.05
2024Summary only. Only limited summary data is available for this year.$0.01$0.00$0.99$0.98$0.01
2023Summary only. Only limited summary data is available for this year.$0.20$0.00$1.04$1.03$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Sep 29, 2025
Return Version
2024v5.0
Gross Receipts
$80,904
Mission and Program Overview

Mission

The Education of Children ages 3-5 years of age.

Program Services

DescriptionGrantsExpenses
The preschool education provided to 32 children ages 3-5 years was facilitated at the Christian Church called Cornerstone United Methodist Church in Covington, Washington through direct and indirect instruction in 3 classes during the school year. There was also some Christian education provided.$0$0
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rachel J Passarelli BerubeDirector/PresidentPT$22,016$2,000$24,016
Robyn FischerSecretaryPT$14,597-$14,597
Filing and Contact Details

Filer

Filer Name
Bright Hope Preschool
EIN
47-2279226
Phone
2533507822
Address
20730 SE 272nd St, Covington, WA 98042

Signing Officer

Name
Rachel Passarelli Berube
Title
Director/President
Phone
2533507822
Signed
2025-09-29
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Office, Taxes and licensing, Supplies, Insurance, loan payments”

Form 990-EZ, Part I, Line 20

“Loan: $3,097, Bank Reserve loan=$800.”

Raw XML Appendix146 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Rachel Passarelli Berube
IRS990EZ/BooksInCareOfDetail/PhoneNum02533507822
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt020730 SE 272nd St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Covington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098042
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01362
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-5254
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt090
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01362
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt080904
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01362
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01362
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05
IRS990EZ/OccupancyRentUtltsAndMaintAmt013181
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt117
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt022016
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt114597
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt02000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Rachel J Passarelli Berube
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Robyn Fischer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director/President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt03897
IRS990EZ/OtherExpensesTotalAmt018171
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The Education of Children ages 3-5 years of age.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt080904
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The preschool education provided to 32 children ages 3-5 years was facilitated at the Christian Church called Cornerstone United Methodist Church in Covington, Washington through direct and indirect instruction in 3 classes during the school year. There was also some Christian education provided.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt054716
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd01
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0WA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt086158
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt080904
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.brighthopepreschool.com
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd00
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Non-discrimination policy is explained in our Parent Information documents provided to all.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Bright Hope Preschool does not solicit contributions.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 4
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office, Taxes and licensing, Supplies, Insurance, loan payments
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Loan: $3,097, Bank Reserve loan=$800.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Rachel Passarelli Berube
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director/President
ReturnHeader/BusinessOfficerGrp/PhoneNum02533507822
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BRIGHT HOPE PRESCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0BRIG
ReturnHeader/Filer/EIN0472279226
ReturnHeader/Filer/PhoneNum02533507822
ReturnHeader/Filer/USAddress/AddressLine1Txt020730 SE 272nd St
ReturnHeader/Filer/USAddress/CityNm0Covington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098042
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-09-29T16:09:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-09-01
ReturnHeader/TaxPeriodEndDt02025-08-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits