BRIGHT BEGINNINGS LEARNING ACADEMY (EIN 272419864) - 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

2010

Legal Domicile

Principal Officer

MICHAELYN RAINNEY

Phone

8588867736

Tax Period

2024-01-01 to 2024-12-31

BRIGHT BEGINNINGS LEARNING ACADEMY, founded in 2010, is a small nonprofit in the Human Services sector that reported $785K in total revenue in fiscal year 2024.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE A SAFE ATMOSPHERE FOR CHILDREN TO LEARN AND GROW.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,750

Program Service Revenue $779,566

Investment Income $0

Other Revenue $0

TOTAL REVENUE $785,316

Expense Breakdown

Grants Paid $0

Salaries & Benefits $592,288

Fundraising Expenses $0

Program Expenses $752,260

Other Expenses $200,884

TOTAL EXPENSES $793,172

Year-over-Year Comparison

	2024	2023	Change
Revenue	$785,316	$745,143	+0.1%
Expenses	$793,172	$688,121	+0.2%
Net Income	$-7,856	$57,022	-1.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BROOKLYN CAVE	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
MICHAELYN RAINNEY	PRESIDENT	45.00	Officer Director	$0	$0	$0
ROBERT S RAINNEY	DIRECTOR	N/A	Director	$0	$0	$0
JAMES SOUTHARD	DIRECTOR	N/A	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	$785,316	$793,172	$63,358	$-7,856
2023	$745,143	$688,121	$53,253	$57,022
2022	$632,898	$682,840	$3,542	$-49,942
2021	$587,922	$566,944	$63,314	$20,978
2020	$472,738	$445,527	$41,118	$27,211
2019	$762,936	$736,147	$31,792	$26,789
2018	$468,212	$381,587	$104,959	$86,625

BRIGHT BEGINNINGS LEARNING ACADEMY