Overview
What is Bright Futures Academy Charter School Inc?
Bright Futures Academy Charter School Inc is a nonprofit organization situated in Palm Beach Gardens, Florida, specifically at 10350 Riverside Drive. The primary focus of this institution is to operate a charter public school, catering to students from the 9th to 12th grade. With a smaller student body of 189, the school provides education from kindergarten to 8th grade as well. The organization employs a team of 15 individuals dedicated to the school's mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Bright Futures Academy Charter School Inc has received an 86% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This rating is derived entirely from the accountability and finance beacon, where the organization excelled in key areas such as board independence, financial oversight, and effective asset management.
The school has demonstrated strong governance, with 100% of its board members being independent. It scored full points in categories related to financial audits and oversight, showing a commitment to transparency and responsible financial practices. Additionally, its liabilities to assets ratio of 12.08% and a program expense ratio of 85.70% suggest that the majority of its funds are directed towards educational programs, reflecting a focused mission.
Despite its strengths, the rating relies solely on financial accountability data, which may not provide a complete picture of the organization's overall impact or effectiveness in educational outcomes. Potential donors and stakeholders may want to consider supplemental information about the school's academic performance and community engagement efforts for a more comprehensive assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Bright Futures Academy Charter School Inc legitimate?
Bright Futures Academy Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bright Futures Academy Charter School 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: $99,770
Professional Fundraising Fees: $0
Other Salaries and Wages: $799,920
For more financial information, click here
What is the mission statement of Bright Futures Academy Charter School Inc?
Bright Futures Academy Charter School Inc's primary mission is to operate a charter public school, specifically catering to students from the 9th to 12th grade. In simpler terms, this educational institution is dedicated to providing secondary education within a charter school setting. As per the provided information, the school currently serves 189 students from kindergarten to 8th grade, suggesting that it may have expanded its reach beyond its initial focus on high school students. However, the mission statement explicitly mentions the 9th to 12th grade age group as its primary focus.
Who is the CEO of Bright Futures Academy Charter School Inc?
Henry Digiacinto is the CEO of Bright Futures Academy Charter School Inc The CEO's salary of Bright Futures Academy Charter School Inc is $78,000 and their total compensation is $78,000.
What is the revenue of Bright Futures Academy Charter School Inc?
Bright Futures Academy Charter School Inc's revenue in 2022 was $1,684,081.
Who are the executives of Bright Futures Academy Charter School Inc and what are their salaries?
The average compensation at Bright Futures Academy Charter School Inc during 2022 was $59,979. There are 15 employees and 15 volunteers at Bright Futures Academy Charter School Inc.
Here are 8 key members and their salaries (Bright Futures Academy Charter School Inc's CEO's salary is $78,000 and their total compensation is $78,000):
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- Compensation: $78,000
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Where can I find the form 990 for Bright Futures Academy Charter School Inc?
Bright Futures Academy Charter School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bright Futures Academy Charter School Inc
Bright Futures Academy Charter School Inc is dedicated to operating a charter public school, specifically catering to students in the high school years, from ninth to twelfth grade. Their primary mission is to provide a quality educational environment for these students, enabling them to complete their secondary education effectively. Initially, the school catered to students from kindergarten to eighth grade, but its focus has since shifted to the high school level. The school aims to equip its students with the necessary skills and knowledge to navigate their future academic and professional endeavors.
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Impact
July, 2024
Bright Futures Academy Charter School Inc's impact is primarily focused on providing high-quality education to its students. By operating a charter public school from 9th to 12th grade, the organization plays a crucial role in shaping the academic and personal development of young individuals in PALM BEACH GARDENS, FL. With a mission to offer educational opportunities to students, Bright Futures Academy Charter School Inc is dedicated to preparing students for success in higher education and beyond. Through its commitment to education, the organization contributes to building a brighter future for the community by empowering students with knowledge and skills.
This information is meant to be a general summary of Bright Futures Academy Charter School 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 2022.
- Program Service Revenue: $61,720
- Gross Receipts: $1,684,081
Assets and Liabilities:
- Total Assets: $462,045
- Total Liabilities: $55,834
- Net Assets: $406,211
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFTER CARE
Revenue
$61,720
Organization Details
Founding Year
2014
Principal Officer
Henry Digicianto
NTEE Category
Code: B29 - Education
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