Overview
What is Bright Beginnings Family Childcare Inc?
Bright Beginnings Family Childcare Inc is a nonprofit organization situated in South Bend, Indiana, specifically at 1818 S Main Street. Their primary mission is to offer affordable childcare services to working parents, enabling them to generate income and sustain their families. With a staff of 41 dedicated individuals, Bright Beginnings contributes significantly to the community by providing essential childcare support. This allows parents to focus on their professional responsibilities, ensuring a more stable and secure living environment for their children.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Bright Beginnings Family Childcare Inc has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of performance. With an overall score of 80%, the nonprofit showcases strengths in various areas, including an impressive 100% in both constituent feedback collection and usage, demonstrating a strong commitment to engaging with and responding to the needs of the families they serve.
The organization excels in its community culture, scoring 91%, which reflects its positive impact and involvement within the local community. Furthermore, the program expense ratio stands out at 100%, indicating that all of its expenses are directed toward its programs, ensuring that funds are utilized effectively for the benefit of the children and families it supports.
However, there are areas for improvement, particularly in the accountability and finance category, where it received a score of 77. While the organization maintains a favorable liabilities to assets ratio of 0.00%, ensuring financial stability, enhancing its financial transparency could further strengthen its overall performance and trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Bright Beginnings Family Childcare Inc legitimate?
Bright Beginnings Family Childcare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bright Beginnings Family Childcare 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $328,686
For more financial information, click here
What is the mission statement of Bright Beginnings Family Childcare Inc?
Bright Beginnings Family Childcare Inc's mission is centered around providing childcare services, enabling parents to secure employment and generate substantial income for their families. Their primary activity is to offer affordable childcare services, thus allowing working parents to focus on their professional responsibilities. This organization is dedicated to supporting families by alleviating childcare-related concerns, thereby empowering parents to improve their financial situation and provide a better life for their children.
Who is the CEO of Bright Beginnings Family Childcare Inc?
Ramal Taylor is the Executive Director of Bright Beginnings Family Childcare Inc.
What is the revenue of Bright Beginnings Family Childcare Inc?
Bright Beginnings Family Childcare Inc's revenue in 2021 was $1,070,613.
Who are the executives of Bright Beginnings Family Childcare Inc and what are their salaries?
The average compensation at Bright Beginnings Family Childcare Inc during 2021 was $8,017. There are 41 employees at Bright Beginnings Family Childcare Inc.
Here are 5 key members and their salaries:
- Compensation: $28,691
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bright Beginnings Family Childcare Inc?
Bright Beginnings Family Childcare Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Bright Beginnings Family Childcare Inc
Bright Beginnings Family Childcare Inc is dedicated to providing an essential service for families. Their mission, in simple terms, is to offer affordable childcare solutions, allowing working parents to earn a livelihood and provide substantial support for their children. By taking care of the children during working hours, the organization enables parents to maintain their employment and contribute financially to their families' well-being. This mission is a testament to Bright Beginnings Family Childcare Inc's commitment to supporting families and helping them achieve stability and prosperity.
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Impact
July, 2024
Bright Beginnings Family Childcare Inc's impact is truly significant. By providing affordable childcare services to working parents in South Bend, IN, they are enabling families to maintain employment and provide essential support and income for their children. This not only benefits the parents by allowing them to work but also contributes to the overall economic stability of the community. Bright Beginnings Family Childcare Inc plays a crucial role in supporting families and ensuring that children receive quality care while their parents are at work.
This information is meant to be a general summary of Bright Beginnings Family Childcare 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 2021.
- Program Service Revenue: $1,070,613
- Gross Receipts: $1,070,613
Assets and Liabilities:
- Total Assets: $215,131
- Total Liabilities: $0
- Net Assets: $215,131
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAYCARE FEES
Revenue
$1,070,613
Organization Details
Founding Year
2018
Phone
(317) 701-3838Principal Officer
Ramal Taylor
Main Address
1818 S MAIN STREET, South Bend, IN, 46613
NTEE Category
Code: B21 - Education
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