Bright Beginnings Preschool
Nonprofit profile at a glance
- EIN
- 942216916
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Folsom, CA, USA
- Phone
- 9169835106
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $100,712
- Expenses
- $90,174
- Assets
- $48,488
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Emily Grose (President)
People named in this filing
- Shannon Powell (Director)
- Jenny McNatt (Director)
- Emily Grose (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
To provide meaningful, individualized, play-based early childhood education in a cooperative environment within our community in a way that empowers advocacy and supports relationships between teachers, children and families.
What it reported doing in 2024
Preschool: 3 Day a week play-based preschool class. Served more than 13 families. Toddler Transition: 2 Day a week play based preschool class. Served more than 12 families. Parent Child: Play based parent and caregiver class. Served more than 11 families.All parents required to assist in the classroom leading to high levels of parent education. Volunteer work allows the co-op to keep the cost low for all families. This creates accessibility.Bright Beginnings served more than 40 children across 4 programs. Several families were dual enrolled in multiple programs. All funds go back into the program to keep tuition affordable for all families.All programs include a hands on parent education component. All parents served as assistants in their program/classroom.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 82
- Sustainability: 41
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.3%; rating input score 85
- Program expense ratio: 95.3%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 10.5%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 0.54; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 25.3%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: -1.6% per year; rating input score 0; 25th percentile among comparable filings
- Revenue growth: 1.2% per year; rating input score 100; 26th percentile among comparable filings
- Asset growth: -1.8% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: 85.3% of revenue deployed · 95.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $86K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 59/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- High — Sustainability: Officer compensation ratio scored 13/100.
- Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.