Bright Beginnings Academy Inc.

990 • Fiscal year 2020 • EIN 82-0603463

Jan 01, 2020 to Dec 31, 2020

Organization Profile N/A

Elizabeth Cty, NC

Siviq Scores

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

0.72x

Higher debt load relative to assets than 88% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

0.43x

Higher debt load relative to revenue than 75% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

9.7%

Higher net margin than 59% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

No value available

This filing does not contain officer compensation rows.

Source year 2020

106%

Faster asset growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

55%

Faster revenue growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / Assets88th percentile

Assets

$835,106

Up $429,595 (+106%) from 2019

Net Assets

$231,592

Up $136,800 (+144%) from 2019

Liabilities

$603,514

Up $292,795 (+94%) from 2019

Revenue And Expenses

Liabilities / Revenue75th percentile Net Margin59th percentile

Revenue

$1,408,386

Up $500,968 (+55%) from 2019

Expenses

$1,271,586

Up $424,649 (+50%) from 2019

Net Income

$136,800

Up $76,319 (+126%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

Highlighted filing

2020

Assets$835,106

Liabilities$603,514

Net Assets$231,592

Open 2020 Filing

Operations Trend

Revenue Growth88th percentile

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

Highlighted filing

2020

Revenue$1,408,386

Expenses$1,271,586

Net Income$136,800

Open 2020 Filing

Filing Detail Status

This 2020 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)

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Filing Snapshot

Filing Period: Jan 1, 2020 to Dec 31, 2020

Mission and Program Overview

Mission

To provide services for low-income families and one parent households who have preschool children in need of quality child care services.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $835,106
Liabilities: $603,514
Net assets: $231,592
Revenue: $1,408,386
Expenses: $1,271,586
Net income: $136,800

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.54	$0.13	$0.41	$1.63	$1.60	$0.03
2023Summary only. Only limited summary data is available for this year.	$0.70	$0.32	$0.38	$1.49	$1.49	$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.72	$0.35	$0.38	$1.81	$1.83	$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.91	$0.47	$0.45	$1.52	$1.46	$0.06
2020Summary only. Only limited summary data is available for this year.	$0.84	$0.60	$0.23	$1.41	$1.27	$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.41	$0.31	$0.09	$0.91	$0.85	$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.39	$0.36	$0.03	$0.67	$0.63	$0.03