Bright Apple Inc
Nonprofit profile at a glance
- EIN
- 843287165
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Columbia, TN, USA
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Student Services, Organizations of Students
Reported finances
- Revenue
- $125,329
- Expenses
- $98,080
- Assets
- $49,987
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Bradden G Kimes (Executive Director)
- Michael Baker (Vice President)
People named in this filing
- Bradden G Kimes (Executive Director)
- Charity Kimes (Founder-Treasurer)
- Michael Baker (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the Corporation is to partner with schools and families to alleviate the income achievement gaps affecting children in low-income households by providing a snack program to local schools and by working as a conduit between other non-profits that support children in the local community.
What it reported doing in 2024
Bright Apple provided daily snacks to approximately 1500 elementary school students during the school day in the Maury County Tennessee school system. This service is to help with concentration behavior and hunger during the school day.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 82
- Sustainability: 49
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.5%; rating input score 53
- Program expense ratio: 67%; rating input score 67
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 21.7%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 0.51; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 25%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: -25.5% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -3.1% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: 8.6% per year; rating input score 100; 57th percentile among comparable filings
Details
- Where the money goes: 52.5% of revenue deployed · 67% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $66K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
- High — Sustainability: Officer compensation ratio scored 14/100.