BRIGHT BEGINNINGS LEARNING CENTER (EIN 270045368) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

LACY HOGAN

Phone

6053379794

Tax Period

2024-01-01 to 2024-12-31

BRIGHT BEGINNINGS LEARNING CENTER, founded in 2003, is a small nonprofit in the Human Services sector that reported $247K in total revenue in fiscal year 2018. The organization ran a surplus of $45K, a strong 18% operating margin.

Mission

EDUCATIONAL CENTER FOR THE CARE AND SUPPORT OF CHILDREN

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $120,537

Program Service Revenue $295,034

Investment Income $4,592

Other Revenue $3,715

TOTAL REVENUE $423,878

Expense Breakdown

Grants Paid $23,040

Salaries & Benefits $286,598

Fundraising Expenses $0

Program Expenses $378,182

Other Expenses $68,544

TOTAL EXPENSES $378,182

Year-over-Year Comparison

	2024	2023	Change
Revenue	$423,878	$471,643	-0.1%
Expenses	$378,182	$473,668	-0.2%
Net Income	$45,696	$-2,025	-23.6%

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

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

$34,413

Total Directors

$34,413

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELISSA SYBESMA	MANAGER	40.00	Officer Director	$34,413	$0	$34,413
MAHRA STRAND	Secretary	0.00	Officer Director	$0	$0	$0
KAREN LANG	Board Member	0.00	Director	$0	$0	$0
LACEY HOGAN	President	1.00	Director	$0	$0	$0
ERIN SIBBEL	Vice President	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	$423,878	$378,182	$367,871	$45,696
2023	$471,643	$473,668	$330,473	$-2,025
2022	$531,909	$507,990	$339,729	$23,919
2021	$510,183	$450,702	$306,116	$59,481
2020	$356,408	$288,433	$253,689	$67,975
2019	$271,731	$241,358	$110,042	$30,373
2018	$247,215	$202,265	$89,891	$44,950

BRIGHT BEGINNINGS LEARNING CENTER