Overview
What is Bright Star Academy Inc?
Bright Star Academy Inc is a nonprofit organization located in Oceanside, New York. Their primary focus is to prepare young children for their elementary school journey, ensuring a safe and nurturing environment for this process. With a team of 52 dedicated individuals, the academy's mission is to provide a conducive learning space for preschoolers, facilitating their growth and development. The academy's operations are based at 3050 Oceanside Road, offering a comprehensive educational experience designed to support young learners as they embark on their educational journey.
Official website here: www.brightstarschoolandcamp.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Bright Star Academy Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization has an overall score of 81%, which reflects good transparency and responsible governance. Notably, it boasts a strong board composition, with 60% of members being independent, and demonstrates effective policies for conflict of interest and whistleblower protections.
The nonprofit excels in its financial management, maintaining a low liabilities to assets ratio of 2.35% and allocating a substantial 85.03% of its expenses toward programs. These metrics suggest that the organization is dedicated to maximizing the impact of its resources on its mission, which positively influences its rating.
While the organization has performed well, the Three-Star rating does highlight some areas for improvement. Continued efforts to enhance governance and maintain transparency will be essential for sustaining and potentially improving its rating in the future. Overall, Bright Star Academy Inc demonstrates a commitment to good practices and responsible stewardship of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Bright Star Academy Inc legitimate?
Bright Star Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bright Star Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $318,998
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,017,996
For more financial information, click here
Official website here: www.brightstarschoolandcamp.com
What is the mission statement of Bright Star Academy Inc?
Bright Star Academy Inc's mission is centered around providing a nurturing environment for preschool children, aiming to prepare them for their schooling journey. The organization's primary objective is to offer a place where these young learners can grow and develop, ensuring their safety and support throughout the process. The preschool's activities are designed to foster learning and personal growth in a secure and encouraging setting.
Official website here: www.brightstarschoolandcamp.com
What is the revenue of Bright Star Academy Inc?
Bright Star Academy Inc's revenue in 2023 was $1,757,548.
Official website here: www.brightstarschoolandcamp.com
Who are the executives of Bright Star Academy Inc and what are their salaries?
The average compensation at Bright Star Academy Inc during 2023 was $27,854. There are 48 employees at Bright Star Academy Inc.
Here are 5 key members and their salaries:
- Compensation: $160,000
- Related: $0
- Other: $0
- Compensation: $158,998
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.brightstarschoolandcamp.com
Where can I find the form 990 for Bright Star Academy Inc?
Bright Star Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.brightstarschoolandcamp.com
Learn more at the official website: www.brightstarschoolandcamp.com
Mission Statement of Bright Star Academy Inc
Bright Star Academy Inc, as a preschool, is committed to preparing young children for their schooling journey in a secure and nurturing environment. The organization's mission is primarily focused on providing a conducive learning space for pre-school children, enabling them to grow and develop. By fostering an environment that is both safe and supportive, Bright Star Academy Inc aims to set the foundation for a successful academic journey for its young learners.
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Impact
October, 2024
Bright Star Academy Inc. plays a vital role in preparing young children for their educational journeys by creating a safe and supportive environment. Located in Oceanside, NY, the academy focuses on nurturing preschool children, offering them a foundation for learning and growth that sets them up for success in school and beyond. By prioritizing a welcoming atmosphere, Bright Star Academy fosters both educational and personal development, ensuring that children are not only ready for academic challenges but also equipped with the social and emotional skills necessary for their future. Through its dedicated approach to early childhood education, the academy significantly impacts the lives of families and the broader community, laying the groundwork for lifelong learning.
This information is meant to be a general summary of Bright Star Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $1,638,958
- Gross Receipts: $1,757,548
Assets and Liabilities:
- Total Assets: $802,695
- Total Liabilities: $1,622
- Net Assets: $801,073
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRESCHOOL
Revenue
$1,655,060
REFUNDS
Revenue
-$16,102
Organization Details
Founding Year
2013
Principal Officer
Lorelei Bader
NTEE Category
Code: B21 - Education
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