Bright Beginnings Childrens Center

EIN: 043094786 501(c)(3) Human Services

Natick, MA

Total Revenue
$418,585
Total Expenses
$470,103
Total Assets
$68,216
Net Assets
$68,216
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
MA
Principal Officer
MaryMarie Pierce
Phone
5086503870
Tax Period
2023-01-01 to 2023-12-31

Bright Beginnings Childrens Center, founded in 1990, is a small nonprofit in the Human Services sector that reported $419K in total revenue in fiscal year 2023. Expenses of $470K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROVIDE QUALITY CARE FOR CHILDREN OF PRIMARILY WORKING PARENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $35,992
Program Service Revenue $382,365
Investment Income $691
Other Revenue $-463
TOTAL REVENUE $418,585

Expense Breakdown

Grants Paid $0
Salaries & Benefits $371,942
Fundraising Expenses $0
Program Expenses $452,320
Other Expenses $98,161
TOTAL EXPENSES $470,103

Year-over-Year Comparison

2023 2022 Change
Revenue $418,585 $429,905 0.0%
Expenses $470,103 $407,796 +0.2%
Net Income $-51,518 $22,109 -3.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
6
Employees
9
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$57,466
Total Directors
7
$57,466
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Teresa Cameron Past President 40.00
$178,909 $0 $178,909
MaryMarie Pierce President 40.00
Officer Director
$57,466 $0 $57,466
Caroline White Director 0.00
Director
$0 $0 $0
Lindsey DeBello Director 0.00
Director
$0 $0 $0
Robert Charbonnier Director 0.00
Director
$0 $0 $0
Shaunna Gay Director 0.00
Director
$0 $0 $0
Melissa Macia Nord Director 0.00
Director
$0 $0 $0
Chistine Billings Treasurer 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $418,585 $470,103 $68,216 $-51,518
2022 $429,905 $407,796 $119,734 $22,109
2021 $381,299 $357,363 $97,625 $23,936
2020 $333,789 $330,475 $73,689 $3,314
2019 $376,454 $400,126 $70,375 $-23,672
2018 $380,795 $370,315 $94,047 $10,480
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