Overview
What is Oakland State Building Kids Corporation?
Oakland State Building Kids Corporation, operating as Bright Future Early Learning Center, is a nonprofit organization that provides early care and education services to approximately 50 children, ranging from infancy to the commencement of kindergarten. The center offers three meals a day, comprising breakfast, lunch, and an afternoon snack, to ensure the nutritional needs of its young attendees are met. Furthermore, Bright Future Early Learning Center enriches children's experiences with various programs, such as those focused on physical, intellectual, and social development. By doing so, it aims to foster a well-rounded foundation for its students' growth and learning.
Official website here: www.brightfutureoakland.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%
Oakland State Building Kids Corporation, operating as Bright Future Early Learning Center, has received a Three-Star out of Four Star rating on Charity Navigator based on an overall score of 81%. This rating reflects a strong emphasis on accountability and finance, with the organization's score derived entirely from this beacon. The high accountability score indicates a commitment to responsible financial practices and governance.
The organization excels in several key areas, including having a fully independent board, a strong program expense ratio of 87.12%, and no material diversion of assets. Their policies for conflict of interest, whistleblowing, and document retention are publicly listed, demonstrating transparency and a structured approach to governance. Additionally, their liabilities to assets ratio stands at a healthy 11.68%, showcasing financial stability.
While the organization scored well across multiple criteria, the overall rating is solely based on accountability and finance, suggesting that other potential areas of impact or performance may not have been evaluated in this score. Nonetheless, the solid financial practices noted are a positive indicator for potential supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Oakland State Building Kids Corporation legitimate?
Oakland State Building Kids Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakland State Building Kids Corporation 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: $101,739
Professional Fundraising Fees: $0
Other Salaries and Wages: $554,881
For more financial information, click here
Official website here: www.brightfutureoakland.org
What is the mission statement of Oakland State Building Kids Corporation?
The Oakland State Building Kids Corporation, operating as Bright Future Early Learning Center, is committed to providing early care and education services to approximately 50 children, ranging from 3 months old to the beginning of kindergarten. Their mission is centered around ensuring these young learners receive a well-rounded education, serving nutritious meals such as breakfast, lunch, and an afternoon snack, and offering enrichment programs to supplement their development. The center strives to foster a nurturing environment, providing a foundation for children's growth and learning.
Official website here: www.brightfutureoakland.org
What is the revenue of Oakland State Building Kids Corporation?
Oakland State Building Kids Corporation's revenue in 2024 was $989,474.
Official website here: www.brightfutureoakland.org
Who are the executives of Oakland State Building Kids Corporation and what are their salaries?
The average compensation at Oakland State Building Kids Corporation during 2024 was $41,039. There are 16 employees and 10 volunteers at Oakland State Building Kids Corporation.
Here are 14 key members and their salaries:
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Official website here: www.brightfutureoakland.org
Where can I find the form 990 for Oakland State Building Kids Corporation?
Oakland State Building Kids Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.brightfutureoakland.org
Learn more at the official website: www.brightfutureoakland.org
Mission Statement of Oakland State Building Kids Corporation
Oakland State Building Kids Corporation, operating as Bright Future Early Learning Center, is committed to providing early care and education services to approximately 50 children, ranging from 3 months old to the beginning of kindergarten. This nonprofit organization goes beyond basic care, serving nutritious meals such as breakfast, lunch, and an afternoon snack. Furthermore, Bright Future Early Learning Center enriches children's learning experiences through various programs, ensuring a well-rounded development. These enrichment activities are thoughtfully designed to stimulate young minds, contributing to their overall growth.
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Impact
July, 2024
The impact of Oakland State Building Kids Corporation dba Bright Future Early Learning Center is profound in providing early care and education services to approximately 50 children from 3 months to the start of kindergarten in OAKLAND, CA. The center not only offers meals but also enrichment programs to support the children's development. Through their mission of providing quality care and education, Bright Future Early Learning Center plays a crucial role in nurturing the minds of young learners and preparing them for future academic success.
This information is meant to be a general summary of Oakland State Building Kids Corporation. 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 2024.
- Investment Income: $949
- Program Service Revenue: $987,785
- Gross Receipts: $989,474
Assets and Liabilities:
- Total Assets: $372,376
- Total Liabilities: $58,925
- Net Assets: $313,451
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition & fees
Revenue
$987,785
Organization Details
Founding Year
2004
Principal Officer
Nicole Ferrara
Website
www.brightfutureoakland.orgNTEE Category
Code: P99 - Human services
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