BRIGHT BEGINNINGS INC (EIN 521697917) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

ERIN FISHER

Phone

2028429090

Tax Period

2023-10-01 to 2024-09-30

BRIGHT BEGINNINGS INC, founded in 1990, is a mid-sized nonprofit that reported $18.9M in total revenue in fiscal year 2023. Revenue surged 122% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.2M, a strong 48% operating margin.

Mission

PROVIDE FAMILIES AND CHILDREN EXPERIENCING HOUSING INSTABILITY WITH A SAFE, NURTURING EDUCATIONAL ENVIRONMENT TO ENSURE CHILDREN ENTER KINDERGARTEN READY TO LEARN AND PARENTS BECOME SELF-SUFFICIENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $15,851,969

Program Service Revenue $1,726,379

Investment Income $167,078

Other Revenue $1,187,450

TOTAL REVENUE $18,932,876

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,634,801

Fundraising Expenses $466,405

Program Expenses $8,143,853

Other Expenses $3,132,745

TOTAL EXPENSES $9,767,546

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,932,876	$8,522,725	+1.2%
Expenses	$9,767,546	$8,673,677	+0.1%
Net Income	$9,165,330	$-150,952	-61.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

115

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

$203,846

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIN FISHER	CHIEF EXECUTIVE OFFICER	40.00	Officer	$193,003	$10,843	$203,846
REBECCA RORKE	DEVELOPMENT DIRECTOR	40.00	Highest	$112,013	$22,838	$134,851
ANGELA HAMILTON	EDUCATION DIRECTOR	40.00	Highest	$100,253	$1,039	$101,292
KAREN HOWARD	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHARLES LOWERY	SECRETARY	1.00	Officer Director	$0	$0	$0
DEREK FORD	TREASURER	1.00	Officer Director	$0	$0	$0
ERIKA MAGANA ALEXANDER	DIRECTOR	1.00	Director	$0	$0	$0
VALERIA BELIZAIRE	DIRECTOR	1.00	Director	$0	$0	$0
PAUL BERRY	DIRECTOR	1.00	Director	$0	$0	$0
SURAYYAH COLBERT	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN DIAZ	DIRECTOR	1.00	Director	$0	$0	$0
STEVE GLAUDE	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL HANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
MIKE JEFFERS	DIRECTOR	1.00	Director	$0	$0	$0
EBONY JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
CRYSTAL JONES	DIRECTOR	1.00	Director	$0	$0	$0
CATRIONA MACDONALD	DIRECTOR	1.00	Director	$0	$0	$0
NANCY REGISTER	DIRECTOR	1.00	Director	$0	$0	$0
LINDA SCHAKEL	DIRECTOR	1.00	Director	$0	$0	$0
KHADIJAH WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
CONNIE WOODLAND	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
2024	$18,932,876	$9,767,546	$13,933,505	$9,165,330
2023	$8,522,725	$8,673,677	$19,268,163	$-150,952
2022	$8,429,912	$8,080,873	$13,539,369	$349,039
2021	$9,346,448	$7,604,790	$12,885,067	$1,741,658
2020	$9,885,173	$8,275,526	$11,062,510	$1,609,647
2019	$8,578,671	$8,294,209	$12,320,197	$284,462
2018	$7,047,425	$6,595,460	$12,527,011	$451,965

BRIGHT BEGINNINGS INC