BRIGHT START LEARNING INC (EIN 453811784) - 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

2011

Legal Domicile

Phone

6145372776

Tax Period

2024-07-01 to 2025-06-30

BRIGHT START LEARNING INC, founded in 2011, is a small nonprofit in the International Affairs sector that reported $376K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $58K, a strong 15% operating margin.

Mission

EDUCATIONAL ASSISTANCE TO CHILDREN IN THIRD WORLD COUNTRIES.

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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 $372,986

Program Service Revenue $0

Investment Income $2,921

Other Revenue $0

TOTAL REVENUE $375,907

Expense Breakdown

Grants Paid $204,550

Salaries & Benefits $0

Fundraising Expenses $7,506

Program Expenses $296,287

Other Expenses $113,597

TOTAL EXPENSES $318,147

Year-over-Year Comparison

	2024	2023	Change
Revenue	$375,907	$510,644	-0.3%
Expenses	$318,147	$319,237	0.0%
Net Income	$57,760	$191,407	-0.7%

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

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
CHRIS SMITH	PRESIDENT	20.00	Officer	$0	$0	$0
HEIDI SMITH	SECRETARY	20.00	Officer	$0	$0	$0
SUSAN LAUCK	TREASURER	1.00	Officer	$0	$0	$0
SCOTT MCCAIN	BOARD MEMBER	1.00		$0	$0	$0
JEFF NELSON	VICE PRESIDENT	1.00	Officer	$0	$0	$0
NATHANIEL STEVENS	BOARD MEMBER	1.00		$0	$0	$0
CINDY PHILLIPS	BOARD MEMBER	1.00		$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
2025	$375,907	$318,147	$579,140	$57,760
2024	$510,644	$319,237	$500,919	$191,407
2023	$372,044	$305,793	$307,977	$66,251
2022	$328,850	$238,676	$241,726	$90,174
2021	$317,331	$199,228	$151,552	$118,103

BRIGHT START LEARNING INC