Bright Star Early Learning Centerinc
- Assets
- $48.3k
- Revenue
- $383.5k
- Investments
- $0.0
- Employees
- 20
- Location
- Denver, CO
- Founding
- Data as of
- 12/2017
- EIN
- 20-5347958
Organization Overview
Bright Star Early Learning Centerinc is located in Denver, CO. As of 12/2017, Bright Star Early Learning Centerinc employed 20 individuals. Bright Star Early Learning Centerinc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2017, Bright Star Early Learning Centerinc generated $383.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $419.6k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
AS A NON-PROFIT, BRIGHT STAR EARLY LEARNING CENTER (BSELC) PROVIDES DAY CARE FOR CHILDREN AGED 1 TO 5 YEARS IN A SAFE, HEALTHY AND FUN ENVIRONMENT, CHILDREN PLAY AND LEARN IN WAYS THAT PROVIDE THEM WITH THE SKILLS AND THE FOUNDATION TO SUCCEED IN THE FORMAL EDUCATION SYSTEM AND DEVELOP INTO HEALTHY, CARING AND RESPONSIBLE ADULTS. BSELC WELCOMES ALL CHILDREN AND DOES NOT DISCRIMINATE ON AND BASIS, INCLUDING SOCIOECONOMIC STATUS, RACE, GENDER OR RELIGIOUS BELEIFS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BSELC PROVIDES A QUALITY EARLY LEARNING CENTER FOR APPROXIMATELY 25 CHILDREN. OUR PARTICIPATION IN THE USDA FOOD PROGRAM ALLOWED US TO PROVIDE NUTRITIONAL BREAKFAST, LUNCH AND AFTERNOON SNACK FOR ALL CHILDREN IN ATTENDANCE EACH DAY. TEACHERS RECEIVE AN AVERAGE OF 40 HOURS OF CONTINUING EDUCATION IN THE AREA OF EARLY CHILDHOOD DEVELOPMENT. CHILDREN ARE DIVIDED INTO 3 CLASSROOMS BY AGE, WITH A MINIMUM OF 2 TEACHERS IN EACH CLASSROOM. ALL CHILDREN PARTICIPATE IN WEEKLY PHYSICAL EDUCATION CLASSES. OUR CURRICULUM STRIVED TO PROVIDE THE SKILLS AND FOUNDATION NEEDED TO SUCCEED IN A FORMAL EDUCATION SYSTEM.
BSELC PROVIDES A QUALITY EARLY LEARNING CENTER FOR APPROXIMATELY 25 CHILDREN. OUR PARTICIPATION IN THE USDA FOOD PROGRAM ALLOWED US TO PROVIDE NUTRITIONAL BREAKFAST, LUNCH AND AFTERNOON SNACK FOR ALL CHILDREN IN ATTENDANCE EACH DAY. TEACHERS RECEIVE AN AVERAGE OF 40 HOURS OF CONTINUING EDUCATION IN THE AREA OF EARLY CHILDHOOD DEVELOPMENT. CHILDREN ARE DIVIDED INTO 3 CLASSROOMS BY AGE, WITH A MINIMUM OF 2 TEACHERS IN EACH CLASSROOM. ALL CHILDREN PARTICIPATE IN WEEKLY PHYSICAL EDUCATION CLASSES. OUR CURRICULUM STRIVED TO PROVIDE THE SKILLS AND FOUNDATION NEEDED TO SUCCEED IN A FORMAL EDUCATION SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brienne Morris Director | Trustee | 1 | $0 |
Matthew Fulford Director | Trustee | 1 | $0 |
Christine Cullen Director | Trustee | 1 | $0 |
Greg Majerjersky Director | Trustee | 1 | $0 |
Chris Meschia President | Officer | 1 | $0 |
Carol Peters Executive Director | Officer | 40 | $42,523 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,339 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,339 |
| Total Program Service Revenue | $376,136 |
| Investment income | $39 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $383,514 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $93,153 |
| Compensation of current officers, directors, key employees. | $24,204 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $186,007 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,632 |
| Payroll taxes | $25,860 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $770 |
| Advertising and promotion | $752 |
| Office expenses | $6,934 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,767 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,000 |
| Insurance | $15,431 |
| All other expenses | $0 |
| Total functional expenses | $419,644 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,011 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,447 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $891 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $48,349 |
| Accounts payable and accrued expenses | -$1,638 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | -$1,638 |
| Unrestricted restricted net Assets | $49,987 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $49,987 |