Civic Intelligence

Bright Beginnings Inc.

990 • Fiscal year 2016 • EIN 52-1697917

Oct 01, 2015 to Sep 30, 2016 • Filed on Feb 06, 2020

128 M Street NWWashington, DC 20001

(202) 842-9090

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

37th percentile

0.08x

Higher debt load relative to assets than 37% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

39th percentile

0.11x

Higher debt load relative to revenue than 39% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

80th percentile

19%

Higher net margin than 80% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

63rd percentile

$148,809

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

85th percentile

22%

Faster asset growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

29th percentile

-4.8%

Faster revenue growth than 29% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$7,868,186

Up $1,434,115 (+22%) from 2015

Net Assets

Up

$7,231,496

Up $1,078,635 (+18%) from 2015

Liabilities

Up

$636,690

Up $355,480 (+126%) from 2015

Revenue

Down

$5,616,946

Down $285,585 (-4.8%) from 2015

Expenses

Down

$4,538,311

Down $166,499 (-3.5%) from 2015

Net Income

Down

$1,078,635

Down $119,086 (-9.9%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $4,471,513Liabilities 2011: $192,438Net Assets 2011: $4,279,0752011Assets 2012: $5,202,554Liabilities 2012: $218,019Net Assets 2012: $4,984,5352012Assets 2013: $4,774,495Liabilities 2013: $188,474Net Assets 2013: $4,586,0212013Assets 2014: $5,286,775Liabilities 2014: $331,635Net Assets 2014: $4,955,1402014Assets 2015: $6,434,071Liabilities 2015: $281,210Net Assets 2015: $6,152,8612015Assets 2016: $7,868,186Liabilities 2016: $636,690Net Assets 2016: $7,231,4962016Assets 2017: $11,981,601Liabilities 2017: $4,442,235Net Assets 2017: $7,539,3662017Assets 2018: $12,527,011Liabilities 2018: $4,534,876Net Assets 2018: $7,992,1352018Assets 2019: $12,320,197Liabilities 2019: $3,995,280Net Assets 2019: $8,324,9172019Assets 2020: $11,062,510Liabilities 2020: $1,127,946Net Assets 2020: $9,934,5642020Assets 2021: $12,885,067Liabilities 2021: $1,208,845Net Assets 2021: $11,676,2222021Assets 2022: $13,539,369Liabilities 2022: $1,514,108Net Assets 2022: $12,025,2612022Assets 2023: $19,268,163Liabilities 2023: $7,393,854Net Assets 2023: $11,874,3092023Assets 2024: $13,933,505Liabilities 2024: $609,066Net Assets 2024: $13,324,4392024

Highlighted filing

2016

Assets$7,868,186
Liabilities$636,690
Net Assets$7,231,496

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $3,425,146Expenses 2011: $3,279,558Net Income 2011: $145,5882011Revenue 2012: $4,417,734Expenses 2012: $3,712,274Net Income 2012: $705,4602012Expenses 2013: $3,499,9112013Revenue 2014: $4,222,960Expenses 2014: $3,853,841Net Income 2014: $369,1192014Revenue 2015: $5,902,531Expenses 2015: $4,704,810Net Income 2015: $1,197,7212015Revenue 2016: $5,616,946Expenses 2016: $4,538,311Net Income 2016: $1,078,6352016Revenue 2017: $5,420,803Expenses 2017: $5,112,933Net Income 2017: $307,8702017Revenue 2018: $7,047,425Expenses 2018: $6,595,460Net Income 2018: $451,9652018Revenue 2019: $8,578,671Expenses 2019: $8,294,209Net Income 2019: $284,4622019Revenue 2020: $9,885,173Expenses 2020: $8,275,526Net Income 2020: $1,609,6472020Revenue 2021: $9,346,448Expenses 2021: $7,604,790Net Income 2021: $1,741,6582021Revenue 2022: $8,429,912Expenses 2022: $8,080,873Net Income 2022: $349,0392022Revenue 2023: $8,522,725Expenses 2023: $8,673,677Net Income 2023: -$150,9522023Revenue 2024: $18,932,876Expenses 2024: $9,767,546Net Income 2024: $9,165,3302024

Highlighted filing

2016

Revenue$5,616,946
Expenses$4,538,311
Net Income$1,078,635
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Feb 6, 2020
Return Version
2015v3.0
Gross Receipts
$5,969,554
Mission and Program Overview

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.

To provide a safe haven, a regular routine, and a sense of stability to young, homeless children. Bright beginnings offers pre-school homeless children an intellectual and social foundation which enables them to enter kindergarten ready to learn.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,984,641$3,949,826▼ $34,815
Other Notes and Loans Receivable, Net-$1,653,502-
Investments in Publicly Traded Securities$1,594,875$1,272,169▼ $322,706
Accounts Receivable$472,505$556,572▲ $84,067
Pledges and Grants Receivable$146,219$294,796▲ $148,577
Land, Buildings, and Equipment, Net$70,073$83,016▲ $12,943
Prepaid Expenses and Deferred Charges$49,658$53,305▲ $3,647
Total Assets$6,434,071$7,868,186▲ $1,434,115
Other Assets Total$116,100$5,000▼ $111,100
Liabilities
Unsecured Notes Loans Payable-$500,000-
Accounts Payable and Accrued Expenses$281,210$136,690▼ $144,520
Total Liabilities$281,210$636,690▲ $355,480
Net Assets / Fund Balance
Unrestricted Net Assets$1,968,103$4,618,628▲ $2,650,525
Temporarily Rstr Net Assets$4,184,758$2,612,868▼ $1,571,890
Total Net Assets Fund Balance$6,152,861$7,231,496▲ $1,078,635
Total Liabilities and Net Assets / Fund Balance$6,434,071$7,868,186▲ $1,434,115

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,281$40,863$72,144
Leasehold Improvements$51,735$7,393$59,128
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Betty Jo GainesFormer Exec.FT$148,809$148,809
Betty Jo GainesFormer Exec. Director-$148,809$148,809
Doris DupuyDeputy DirecFT$60,492$60,492

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Hamilton Associates LLCRenovation12150 ANNAPOLIS ROAD SUITE 211, Glenn Dale, MD 20769$212,706
Breakwater Associates LLCFundraising917 SOUTH CAROLINA AVENUE SE, Washington, DC 20003$150,911
-Consulting2355 MASSANUTTEN DRIVE, Silver Spring, MD 20906$101,792
Revenue and Support

Revenue Composition

Contributions and Grants
$4,962,110
Program Service Revenue
$655,340
Investment Income
$-1,734
Other Revenue
$1,230
All Other Contributions
$2,119,216
Change in Net Assets
$1,078,635
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,036,838
Other Expenses$1,399,856
Total Fundraising Expense$313,352
Professional Fundraising Fees$101,617
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,184,318$133,341$44,552$2,362,211
Fees for Services Other$430,137$17,736$1,530$449,403
Other Employee Benefits$264,773$16,168$11,950$292,891
Payroll Taxes$191,050$11,666$8,622$211,338
Occupancy$176,145$11,385$4,540$192,070
Conferences and Meetings$18,086$6,415$101,297$125,798
Fees for Services Professional Fundraising--$101,617$101,617
Comp Disqual Persons$73,270$9,769$14,654$97,693
Fees for Services Accounting$68,529$23,279$2,287$94,095
Insurance$65,228$17,259$2,624$85,111
Current Officers, Directors, Trustees, and Key Employees$30,020$42,685-$72,705
Office Expenses$66,014$-9,259$10,131$66,886
Other Expenses$48,087$2,342$9,416$48,087
Depreciation Depletion-$10,284-$10,284
Total Functional Expenses$3,942,579$282,380$313,352$4,538,311
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$101,617
Fundraising Gross Income$20,890
Fundraising Direct Expenses$19,660

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
5k Run$52,583$20,890$19,660$1,230
Total Events$52,583$20,890$19,660$1,230
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed and approved by the finance committee. It is then distributed to the board of directors to review prior to filing.

Form 990, Page 6, Part VI, Line 12C

Board members complete a conflict of interest policy form annually. The organization manintains a board profile which is updated and monitored throughout the year.

Form 990, Page 6, Part VI, Line 15A

Compensation for the executive director is reviewed and voted on by the compensation committee.

Form 990, Page 6, Part VI, Line 15B

Compensation for officers and key employees is reviewed and voted on by the compensation committee.

Form 990, Page 6, Part VI, Line 19

Financial statements and form 990 are available both upon request, and on the guidstar website.

Filing and Contact Details

Filer

Filer Name
Bright Beginnings Inc
EIN
52-1697917
Phone
2028429090
Address
128 M STREET NW, WASHINGTON, DC 20001

Signing Officer

Name
Dr Marla Dean
Title
Executive Director
Phone
2028429090
Signed
2020-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doris Dupuy
Formed
1990
Legal Domicile
Dc
Voting Board Members
23
Independent Board Members
23
Employees
80
Volunteers
658

Preparer

Firm
Deleon & Stang Cpas and Advisors
Address
100 LAKEFOREST BLVD STE 650, GAITHERSBURG, MD 20877-2609
Preparer
Clint Lehman CPA
Phone
3019489825
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide a safe haven, a regular routine, and a sense of stability to young, homeless children. Bright beginnings offers pre-school homeless children an intellectual and social foundation which enables them to enter kindergarten ready to learn.

Form 990, Page 2, Part III, Line 4D

Evening care - the organization provides an early learning evening care program, which includes comprehensive education, therapeutic, and family services, for parents working non-traditional hours, or attending class or job training programs in the evening. This program is an extension of the accredited day program and offers activities that stimulate children's physical, social, intellectual, and emotional growth with special emphasis on supporting emergent literacy and math skills. Therapeutic services - the organization provides unique and comprehensive therapeutic services on-site for homeless children that include assessments for 100 percent of enrolled children, therapy, indvidualized plans, and coordination between parents, therapists, and teachers for the children who need them. Additional ongoing therapeutic services have been needed by at least one-third of the homeless children enrolled in the program. Homebase services - in 2014, bright beginnings launced a home-based program which sends home visitors to shelters and transitional housing programs throughout the district. Home-based care offers the same quality early education and parenting support as in the center-based program and increases the number of children served from 89 to 149. The home visiting program at bright beginnings is the only home-based program in the country that solely focuses on serving homeless families.

Form 990, Part XI, Line 9

Special event expense 19,660 special event expense -19,660

Financial Statement Notes

Schedule D, Page 3, Part X

The organization complies with the provisions of financial accounting standards board codification topic accounting for uncertainty in income taxes, for the fiscal years ended september 30, 2016 and 2015 no unrecognized tax provision or benefit exists.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8IMMEDIATE PA
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DEPUTY DIREC
IRS990/Form990PartVIISectionAGrp/TitleTxt24FORMER EXEC.
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IRS990/OtherExpensesGrp/TotalAmt248087
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$0.61$13.3$18.9$9.77$9.17
2023Summary only. Only limited summary data is available for this year.$19.3$7.39$11.9$8.52$8.67$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.5$1.51$12.0$8.43$8.08$0.35
2021Summary only. Only limited summary data is available for this year.$12.9$1.21$11.7$9.35$7.60$1.74
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.1$1.13$9.93$9.89$8.28$1.61
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.3$4.00$8.32$8.58$8.29$0.28
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$4.53$7.99$7.05$6.60$0.45
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$4.44$7.54$5.42$5.11$0.31
2016Detailed filing. Detailed filing data is available for this year.$7.87$0.64$7.23$5.62$4.54$1.08
2015Detailed filing. Detailed filing data is available for this year.$6.43$0.28$6.15$5.90$4.70$1.20
2014Detailed filing. Detailed filing data is available for this year.$5.29$0.33$4.96$4.22$3.85$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.77$0.19$4.59$3.50
2012Summary only. Only limited summary data is available for this year.$5.20$0.22$4.98$4.42$3.71$0.71
2011Summary only. Only limited summary data is available for this year.$4.47$0.19$4.28$3.43$3.28$0.15
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $5M-$10M nonprofits