BRIGHT HORIZON ACADEMY INC

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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

2022

Legal Domicile

Principal Officer

SUMIA ELHUNI

Phone

3213121663

Tax Period

2024-01-01 to 2024-12-31

BRIGHT HORIZON ACADEMY INC, founded in 2022, is a small nonprofit in the Education sector that reported $796K in total revenue in fiscal year 2024. Expenses of $921K exceeded revenue, resulting in a 16% operating deficit.

Mission

BHAs mission is rooted in the belief that every student is a unique with distinct strengths, needs, and goals.We are committed to supporting students admitted through a caring and structured environment.

Program Service Accomplishments

Program 1

Expenses: $799,012 Revenue: $795,559

Bright Horizons Academy is an Accredited school through Cognia and has PreK8 educational program delivering daily instruction aligned to academic standards and focused on academic growth and...

Bright Horizons Academy is an Accredited school through Cognia and has PreK8 educational program delivering daily instruction aligned to academic standards and focused on academic growth and whole-child development. The Academy provided tutoring and academic support for students to strengthen mastery of core subjects and improve learning outcomes. strengthen mastery of core subjects and improve learning outcomes. from the Florida Department of Education and students achieved second place at the Brevard County Academic recognition and outcomes: During the year, the Academy earned an Excellent designation from the Florida Department of Education and students achieved second place at the Brevard County Science Fair, demonstrating strong performance, student engagement, and effective instructional practices.

Program 2

Expenses: $0 Revenue: $0

The Academy provided enrichment and language programs that support cultural and character development, including Arabic language instruction and values-based education through Quran and Islamic...

The Academy provided enrichment and language programs that support cultural and character development, including Arabic language instruction and values-based education through Quran and Islamic Studies. These programs reinforced literacy, communication skills, and positive student behavior while strengthening the schools mission and family partnership.

Program 3

Expenses: $0 Revenue: $0

The Academy operated a Voluntary Prekindergarten (VPK) program supported by state voucher reimbursements based on student attendance hours. In addition, Bright Horizons Academy provided free...

The Academy operated a Voluntary Prekindergarten (VPK) program supported by state voucher reimbursements based on student attendance hours. In addition, Bright Horizons Academy provided free aftercare for VPK students after VPK instructional hours, offered , to support working families and ensure students remained in a safe and supervised learning environment beyond the standard VPK day.

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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 $0

Program Service Revenue $795,559

Investment Income $0

Other Revenue $0

TOTAL REVENUE $795,559

Expense Breakdown

Grants Paid $0

Salaries & Benefits $754,163

Fundraising Expenses $0

Program Expenses $799,012

Other Expenses $167,317

TOTAL EXPENSES $921,480

Year-over-Year Comparison

	2024	2023	Change
Revenue	$795,559	$812,170	0.0%
Expenses	$921,480	$774,918	+0.2%
Net Income	$-125,921	$37,252	-4.4%

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

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
MOHAMMAD ABU TAHNAT	CHAIRMAN	5.00	Officer Director	$0	$0	$0
ABDEL RAZAQ SHABANEH	ASSISTANT TREASURER	3.00	Officer Director	$0	$0	$0
LATIFAH RASHID	TREASURER	3.00	Officer Director	$0	$0	$0
MOHSEN ALHADDAD	MEDIA COORDINATOR	2.00	Officer Director	$0	$0	$0
YUSUF LATIF	BOARD MEMBER	3.00	Director	$0	$0	$0
BAYAN SALEH	BOARD MEMBER	2.00	Director	$0	$0	$0
SUMIA ELHUNI	HEAD OF SCHOOL	40.00	Key Emp Highest	$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	No data	No data	No data	No data
2024	$795,559	$921,480	$373,079	$-125,921
2023	$812,170	$774,918	$499,000	$37,252