Bright New Leaders For Ohio Schools
- Assets
- $29.2k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 2
- Location
- Columbus, OH
- Founding
- Data as of
- 09/2018
- EIN
- 46-5074939
Organization Overview
Bright New Leaders For Ohio Schools, operating under the name BRIGHT New Leaders for Ohio Schools, is located in Columbus, OH. As of 09/2018, BRIGHT New Leaders for Ohio Schools employed 2 individuals. BRIGHT New Leaders for Ohio Schools 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 09/2018, BRIGHT New Leaders for Ohio Schools generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $2.7m during the year ending 09/2018. As we would expect to see with falling revenues, expenses have declined by (18.0%) per year over the past 2 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT AND DEVELOPMENT FOR BRIGHT NEW LEADERS FOR OHIO SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DELIVERY OF MBA PROGRAM AND IN-BUILDING EXPERIENCE WORKING WITH OHIO STATE UNIVERSITY'S FISHER COLLEGE OF BUSINESS TO DELIVER A WORLD-CLASS LEADERSHIP PROGRAM FOR BUILDING PRINCIPALS FOR GRADES K-12 IN OHIO'S HIGH POVERTY, LOW PERFORMING SCHOOLS.
PROVIDE TRAINING AND COACHING FOR FELLOWS FROM COHORT TWO OF AN MBA PROGRAM AT OHIO STATE UNIVERSITY'S FISHER COLLEGE OF BUSINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ted Ginn Sr Director | Trustee | 1 | $0 |
Chris Reeder Director | Trustee | 1 | $0 |
Col James V Jones Director | Trustee | 1 | $0 |
Richard Seas Director | Trustee | 1 | $0 |
Richard A Stoff Chairman & Treasurer | OfficerTrustee | 1 | $0 |
Michael J Anderson Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Ohio State University Mba Program Tuition | 12/30/16 | $1,722,892 |
Lee Hecht Harrison Placement Of Fellows | 12/30/16 | $236,250 |
Scitrain Ltd Candidate Selection | 12/30/16 | $170,572 |
Fahlgren Mortine Marketing, Website | 12/30/16 | $156,446 |
Uva Darden School Foundation Leadership Training | 12/30/16 | $149,900 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,500,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $253,551 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,753,551 |
| Total Program Service Revenue | $0 |
| Investment income | $931 |
| 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 | $1,754,482 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,340,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $251,829 |
| Compensation of current officers, directors, key employees. | $7,555 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,914 |
| Pension plan accruals and contributions | $35,250 |
| Other employee benefits | $20,662 |
| Payroll taxes | $18,572 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,766 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $867,756 |
| Advertising and promotion | $7,442 |
| Office expenses | $12,869 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $14,789 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,783 |
| Interest | $1,198 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,678,830 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,240 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $29,240 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unrestricted restricted net Assets | $29,240 |
| 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 | $29,240 |