Bright Learning Academy A Nj Nonprofit Corporation
- Assets
- $22.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hackensack, NJ
- Founding
- 04/2016
- Data as of
- 12/2019
- EIN
- 61-1691735
Organization Overview
Bright Learning Academy A Nj Nonprofit Corporation is located in Hackensack, NJ. The organization was established in 2016. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bright Learning Academy A NJ Nonprofit Corporation 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 12/2019, Bright Learning Academy A NJ Nonprofit Corporation generated $50.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $55.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Campbell Officer | 40 | $24,233 | |
Soyini Ma'at Officer | 40 | $16,027 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $50,693 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,693 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $51,900 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,503 |
| Total expenses | $55,403 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,001 |
| Other assets | $0 |
| Total assets | $21,950 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,950 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bright Learning Academy A Nj Nonprofit Corporation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
The Community Fdn Of Middle Tn Inc Nashville, TN PURPOSE: BENEFITING THE TOUCHDOWN PROJECT FOR GAMES, EQUIPMENT, FOOD & TRAVEL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maria L Varisco-Rogers Charter School Newark, NJ | $5,290,053 | $11,323,219 |
Caravel Academy Inc Bear, DE | $15,134,520 | $11,726,062 |
Mathematics Civic & Sciences Charter School Of Philadelphia Inc Philadelphia, PA | $10,694,323 | $13,238,093 |
American Cooperative School Of Tunis Acst Association Seaford, DE | $24,162,067 | $10,809,438 |
Yeshiva Tiferes Yisroel Brooklyn, NY | $12,406,666 | $10,084,609 |
Banyan School Inc Fairfield, NJ | $2,901,931 | $9,400,396 |
Metropolitan Montessori School New York, NY | $29,899,366 | $8,129,408 |
The Gesu School Inc Philadelphia, PA | $39,919,489 | $10,953,464 |
Universal Institute Charter School Philadelphia, PA | $3,423,551 | $10,521,421 |
University Urology Inc Buffalo, NY | $263,782 | $9,014,963 |
The New Life Child Development Center Inc Brooklyn, NY | $2,502,824 | $9,022,777 |
Universal Creighton Charter School Philadelphia, PA | $7,031,660 | $11,882,466 |