BRIGHT STAR FOUNDATION INC (EIN 260737034) - Form 990 Financial Analysis & Trantor Score

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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

2007

Legal Domicile

Principal Officer

BARBARA NYLEN

Phone

7654345434

Tax Period

2023-01-01 to 2023-12-31

BRIGHT STAR FOUNDATION INC, founded in 2007, is a micro nonprofit in the International Affairs sector that reported $83K in total revenue in fiscal year 2023. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $138K exceeded revenue, resulting in a 67% operating deficit.

Mission

THE MISSION OF BRIGHT STAR FOUNDATION IS TO COLLECT DONATIONS FROM INTERESTED PARTIES TO SEND TO BRIGHT STAR ACADEMY AND LITTLE ANGELS PRE- SCHOOL IN NAIROBI, KENYA TO HELP PROVIDE FOOD, SHELTER, AND CARE FOR ORPHANED CHILDREN OF THE SLUMS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $82,853

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $82,853

Expense Breakdown

Grants Paid $136,116

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $136,116

Other Expenses $2,059

TOTAL EXPENSES $138,175

Year-over-Year Comparison

	2023	2022	Change
Revenue	$82,853	$228,629	-0.6%
Expenses	$138,175	$163,225	-0.2%
Net Income	$-55,322	$65,404	-1.8%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUE BERRY	TREASURER	0.50	Officer	$0	$0	$0
MICHAEL GOODSPEED	VICE PRESIDE	0.50	Officer	$0	$0	$0
TONYA GOODSPEED	SECRETARY	0.50	Officer	$0	$0	$0
KIRK MCCLURE	ASS'T TREASU	0.50	Officer	$0	$0	$0
BARBARA NYLEN	PRESIDENT	0.50	Officer	$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
2023	$82,853	$138,175	$33,135	$-55,322
2022	$228,629	$163,225	$88,457	$65,404
2020	$211,121	$194,339	$40,666	$16,782

BRIGHT STAR FOUNDATION INC