Overview
What is Brillare Beauty Institute?
Brillare Beauty Institute is a dedicated educational institution based in Cleveland, Tennessee. This nonprofit organization, specifically located at 1605 Professional Park Dr NW, is committed to preparing its students to excel in various aspects of the cosmetology and aesthetics fields. The primary goal of Brillare Beauty Institute is not just to help students pass their state licensing exams but also to ensure they can thrive in their chosen professions. By providing comprehensive training, this institute aims to graduate competent cosmetologists, aestheticians, and even instructors. With a team of 32 dedicated professionals, Brillare Beauty Institute is committed to fostering well-rounded, successful individuals in the beauty industry.
Official website here: www.brillarebeautyinstitute.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87% (Three-Star out of Four Star rating)
Brillare Beauty Institute has received an overall score of 87%, primarily based on its Accountability and Finance metrics, which indicates a solid level of financial health and governance practices. The organization demonstrates strong oversight with a fully independent board and comprehensive financial policies, such as a whistleblower policy and conflict of interest guidelines. This commitment to accountability is reflected in their transparent reporting and auditing processes.
The institute has also achieved a high program expense ratio of 73.87%, suggesting that a significant portion of their expenses is directed towards their programs and mission rather than administrative costs. This focus on programmatic spending indicates that they are effectively utilizing their resources to fulfill their charitable objectives.
However, the rating also highlights a weaker aspect with a liabilities to assets ratio of 61.64%, which may suggest that the organization has a relatively high level of liabilities compared to its assets. While this is an area for improvement, the overall financial health and governance practices of Brillare Beauty Institute are commendable, reflecting a responsible approach to managing resources and fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Brillare Beauty Institute legitimate?
Brillare Beauty Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brillare Beauty Institute 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: $254,934
Professional Fundraising Fees: $0
Other Salaries and Wages: $905,347
For more financial information, click here
Official website here: www.brillarebeautyinstitute.edu
What is the mission statement of Brillare Beauty Institute?
Brillare Beauty Institute's mission is centered around fostering the development of well-rounded professionals in the field of cosmetology and aesthetics. The institute aims to graduate individuals who are not only equipped to pass state licensing examinations but also capable of thriving in various aspects of these professions. Brillare Beauty Institute is committed to providing its students with comprehensive education, ensuring they are well-prepared to succeed in their chosen careers. Additionally, the institute offers instructor training, aiming to produce competent educators in the cosmetology and aesthetics sectors.
Official website here: www.brillarebeautyinstitute.edu
What is the revenue of Brillare Beauty Institute?
Brillare Beauty Institute's revenue in 2023 was $2,996,427.
Official website here: www.brillarebeautyinstitute.edu
Who are the executives of Brillare Beauty Institute and what are their salaries?
The average compensation at Brillare Beauty Institute during 2023 was $38,676. There are 30 employees at Brillare Beauty Institute.
Here are 3 key members and their salaries:
- Compensation: $123,299
- Related: $0
- Other: $577
- Compensation: $131,635
- Related: $0
- Other: $1,070
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.brillarebeautyinstitute.edu
Where can I find the form 990 for Brillare Beauty Institute?
Brillare Beauty Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.brillarebeautyinstitute.edu
Learn more at the official website: www.brillarebeautyinstitute.edu
Mission Statement of Brillare Beauty Institute
Brillare Beauty Institute, a renowned educational institution, is committed to its mission of nurturing well-equipped professionals in the fields of cosmetology, aesthetics, and instruction. Its primary objective is to graduate individuals who are not only technically competent but also well-rounded, ensuring their success in various aspects of these professions. The institute goes beyond merely preparing students for state licensing examinations; it aims to equip them with the necessary skills to excel in their respective careers. Brillare Beauty Institute is dedicated to fostering the growth of future cosmetologists, aestheticians, and instructors, thereby contributing to the industry's continuous evolution.
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Impact
July, 2024
Brillare Beauty Institute's impact is evident in the professional men and women it graduates who are prepared to excel in the cosmetology, aesthetics, and instructor training fields. By providing comprehensive educational training, Brillare Beauty Institute not only equips students to pass state licensing examinations but also ensures they are ready to succeed in all aspects of their chosen career paths. The institute's dedication to producing technically proficient individuals contributes to the growth and excellence of the beauty industry.
This information is meant to be a general summary of Brillare Beauty Institute. 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: $2,670,196
- Gross Receipts: $3,417,796
Assets and Liabilities:
- Total Assets: $2,107,358
- Total Liabilities: $1,299,097
- Net Assets: $808,261
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition Fees
Revenue
$2,670,196
Organization Details
Founding Year
1996
Principal Officer
Karl Petersen
NTEE Category
Code: B30Z - Education
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