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Bright Beginnings Learning Academy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 272419864 ✦ San diego, CA ✦ Designated as a 501(c)(3)

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Overview

What is Bright Beginnings Learning Academy?

Bright Beginnings Learning Academy is a nonprofit organization situated in San Diego, California, specifically at 3219 Clairemont Mesa Blvd, 92117. The primary focus of this organization is to offer a secure environment where children can learn and develop. With a team of 14 dedicated individuals, Bright Beginnings Learning Academy is committed to nurturing the growth of young minds. The organization's mission is centered around creating a safe and conducive atmosphere for children's education and development. However, the information provided does not delve into specific programs, collaborations, or impactful initiatives undertaken by the academy.


Official website here: www.bblearningacad.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 62% (Two-Star out of Four Star rating)

Bright Beginnings Learning Academy has received a Two-Star rating from Charity Navigator, indicating a performance that is below average in terms of accountability and finance. The overall score is solely based on the Accountability & Finance beacon, which measures various governance and financial health aspects, and the organization scored 62%. This score reflects potential areas of concern, particularly regarding board independence and financial transparency.

The nonprofit’s strengths include a solid score in material diversion of assets and liabilities to assets ratio, demonstrating a responsible approach to asset management. Additionally, it has established policies such as a whistleblower policy and document retention, which are important for maintaining operational integrity. However, the organization struggles with board independence and fails to meet expectations for financial statement transparency, which affects its overall rating.

Limitations noted include a lack of independent board members, inadequate financial statement practices, and absence of a conflict of interest policy. These factors contribute to the lower rating and suggest that improvements are needed in governance and financial reporting to enhance overall accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Bright Beginnings Learning Academy legitimate?

Bright Beginnings Learning Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bright Beginnings Learning Academy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $415,380

For more financial information, click here


Official website here: www.bblearningacad.com

What is the mission statement of Bright Beginnings Learning Academy?

Bright Beginnings Learning Academy is committed to establishing a secure environment where children can thrive academically and personally. Their mission is centered around fostering an atmosphere that encourages learning and growth in young minds. This entails providing a safe and nurturing space where children can develop their skills, knowledge, and overall well-being. While the provided information does not delve into specific details, it is evident that Bright Beginnings Learning Academy prioritizes the holistic development of its students.


Official website here: www.bblearningacad.com

Who is the CEO of Bright Beginnings Learning Academy?

Michaelyn Rainney is the President of Bright Beginnings Learning Academy.


Official website here: www.bblearningacad.com

What is the revenue of Bright Beginnings Learning Academy?

Bright Beginnings Learning Academy's revenue in 2022 was $632,898.


Official website here: www.bblearningacad.com

Who are the executives of Bright Beginnings Learning Academy and what are their salaries?

The average compensation at Bright Beginnings Learning Academy during 2022 was $29,670. There are 14 employees at Bright Beginnings Learning Academy.


Here are 4 key members and their salaries:


Michaelyn Rainney (President)
  • Compensation: $101,041
  • Related: $0
  • Other: $0
Brooklyn Cave (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert S Rainney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Southard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bblearningacad.com

Where can I find the form 990 for Bright Beginnings Learning Academy?

Bright Beginnings Learning Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bblearningacad.com

Learn more at the official website: www.bblearningacad.com

Mission Statement of Bright Beginnings Learning Academy

Bright Beginnings Learning Academy is committed to establishing a secure environment where children can flourish and learn. The organization's mission is centered around providing a safe atmosphere that fosters the intellectual growth of children. This mission is carried out through various means, all aimed at ensuring children have a conducive space for learning and development.

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Impact




July, 2024

Bright Beginnings Learning Academy has a significant impact on the community by providing a safe and nurturing environment for children to learn and grow. Their commitment to ensuring the well-being and educational development of children in San Diego, CA is commendable. Through their efforts, they are helping to shape the future generation and contribute to the overall welfare of the community.




This information is meant to be a general summary of Bright Beginnings Learning Academy. 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.

Revenue
$632,898 (2022)
Expenses
$682,840 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $621,812
  • Gross Receipts: $632,898

Assets and Liabilities:

  • Total Assets: $3,542
  • Total Liabilities: $7,311
  • Net Assets: -$3,769

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICES

Revenue

$617,212

ANNUAL REGISTRATION FEE

Revenue

$4,600

Organization Details

Founding Year

2010

Principal Officer

Michaelyn Rainney

Main Address

3219 CLAIREMONT MESA BLVD, SAN DIEGO, CA, 92117

NTEE Category

Code: P33 - Human services

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