BRIGHT BEGINNINGS INC (EIN 510409220) - 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

2001

Legal Domicile

Principal Officer

PATRICIA NORVELL

Phone

3023768001

Tax Period

2021-01-01 to 2021-12-31

BRIGHT BEGINNINGS INC, founded in 2001, is a micro nonprofit in the Education sector that reported $14K in total revenue in fiscal year 2021. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $8K, a strong 54% operating margin.

Mission

EDUCATION FACILITY

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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 (2021)

Revenue Breakdown

Contributions & Grants $13,300

Program Service Revenue $1,039

Investment Income $0

Other Revenue $71

TOTAL REVENUE $14,410

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,632

Other Expenses $6,632

TOTAL EXPENSES $6,632

Year-over-Year Comparison

	2021	2020	Change
Revenue	$14,410	$17,456	-0.2%
Expenses	$6,632	$27,590	-0.8%
Net Income	$7,778	$-10,134	-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
PATRICIA NORVELL	PRESIDENT	40.00	Officer Director	$0	$0	$0
PAUL NORVELL III	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JENNIFER NORMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
JOSEPH NORVELL	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PAUL NORVELL JR	TREASURER	1.00	Officer Director	$0	$0	$0
SUSAN KURYCH	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN STERLING	DIRECTOR	1.00	Director	$0	$0	$0
KELLY DONOVAN	DIRECTOR	1.00	Director	$0	$0	$0
JASON HORTIZ	DIRECTOR	1.00	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
2021	$14,410	$6,632	No data	$7,778
2020	$17,456	$27,590	$6,483	$-10,134
2019	$38,726	$38,359	$3,386	$367
2018	$27,255	$26,611	$2,883	$644

BRIGHT BEGINNINGS INC