BRIGHT STAR EDUCATION GROUP (EIN 463566533) - 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

2013

Legal Domicile

Principal Officer

DEAN INDOT

Phone

3239549957

Tax Period

2022-07-01 to 2023-06-30

BRIGHT STAR EDUCATION GROUP, founded in 2013, is a community nonprofit in the Education sector that reported $3.1M in total revenue in fiscal year 2022. Revenue decreased 18% compared to the prior year. Expenses of $6.0M exceeded revenue, resulting in a 97% operating deficit.

Mission

TO PROVIDE EDUCATIONAL FACILITIES FOR BRIGHT STAR SCHOOLS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,885,644

Investment Income $165,150

Other Revenue $0

TOTAL REVENUE $3,050,794

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,226,609

Other Expenses $6,005,495

TOTAL EXPENSES $6,005,495

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,050,794	$3,700,945	-0.2%
Expenses	$6,005,495	$4,763,355	+0.3%
Net Income	$-2,954,701	$-1,062,410	+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

$320,996

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTIE RICE	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
DEAN INDOT	MEMBER	2.00	Director	$0	$0	$0
SCOTT LAYFIELD	MEMBER	2.00	Director	$0	$0	$0
JAMES MIN	MEMBER	2.00	Director	$0	$0	$0
MICHAEL SOLOMON	MEMBER	2.00	Director	$0	$0	$0
HRAG HAMALIAN	CHIEF EXECUTIVE OFFICER	2.00	Officer	$0	$9,190	$320,996

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	$3,050,794	$6,005,495	$72,669,383	$-2,954,701
2022	$3,700,945	$4,763,355	$48,594,863	$-1,062,410
2021	$3,030,526	$4,178,347	$41,717,301	$-1,147,821
2020	$3,134,673	$4,383,290	$43,145,964	$-1,248,617
2019	$772,142	$2,883,288	$36,143,015	$-2,111,146
2018	$8,256,472	$5,101,315	$36,459,196	$3,155,157

BRIGHT STAR EDUCATION GROUP