UMBA Bright Stars Inc
Nonprofit profile at a glance
- EIN
- 822789923
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Charlotte, NC, USA
- Phone
- 7045797642
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $77,815
- Expenses
- $75,881
- Assets
- $3,057
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Pearline Borders-Thomas (Executive Director)
People named in this filing
- Pearline Borders-Thomas (Executive Director)
- Joyce Black (Lead Teacher)
- Clothel Jarvis (Classroom Teacher)
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
Brights stars purpose is to provide comprehensive, year-round out-of-school time programs that address the educational needs of children in underserved commuinites. Our priority is to suport the schools we serve by augmenting learning so that every child attending Bright Stars will perform at or above grade level in reading and mathematics. This priority supports the need to close the achievement gap that exist in many
What it reported doing in 2024
Academic: In 2024 academic school year our organization provided after school and summer camp programs, where we assessed the unique needs of 53 student participants. We were able to provide appropriate academic support and assistance. The participating scholars primarily attended low-perfoming schools. Our non-profit provided a daily pickup services for our students 5 days per week to bring students to our after school program. The students were greeted by qualified teachers that assisted them with learning resources and materials. The program was also able to provide daily snacks.
Operating model
- Revenue model
- Earned-program. 62% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 2.5%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 41.3%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: 56.9% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 11.6% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 5.9% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $78K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 5 of 6 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2021 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.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- Review — Sustainability: Operating margin scored 50/100.
- High — Sustainability: Officer compensation ratio scored 4/100.