Bright Futures Early Learning Center Inc

Organization Overview

Bright Futures Early Learning Center Inc is located in Springfield, MA. The organization was established in 2018. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2021, Bright Futures Early Learning Center Inc employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bright Futures Early Learning Center Inc 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 12/2021, Bright Futures Early Learning Center Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 10.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OPERATE AN EARLY EDUCATION CENTER FOCUSED ON EXPLORATION, IMAGINATION, AND LEARNING

Describe the Organization's Program Activity:

Part 3 - Line 4a

EARLY EDUCATIONAL INSTRUCTION- THERE ARE FOUR DIFFERENT AGE GROUPS SERVED: INFANT, TODDLER, PRESCHOOL AND SCHOOL-AGE. INFANT: PROVIDES A LOVING, NURTURING ENVIRONMENT THAT HELPS PROMOTE A FEELING OF BELONGING AND PROMOTES DEVELOPMENT TOWARDS THE CHILD'S FULL POTENTIAL. TODDLER: PROVIDES A WIDE RANGE OF STIMULATING EXPERIENCES THAT RESPOND TO AND EXPAND A CHILD'S NATURAL INQUISITIVENESS. PRESCHOOL: PREPARES CHILDREN SOCIALLY AND ACADEMICALLY FOR KINDERGARTEN, WHILE SUPPORTING AND ENCOURAGING THE DEVELOPMENT OF INDEPENDENCE, RESPONSIBILITY AND CONFIDENCE SKILLS THAT ARE ALL ESSENTIAL TO A CHILD'S ONGOING SUCCESS. SCHOOL-AGE: PROVIDES A SAFE AND SOCIAL ENVIRONMENT WHEN SCHOOL IS NOT IN SESSION THAT SUPPORTS AND ENCOURAGES ACADEMIC DEVELOPMENT ESSENTIAL TO A CHILD'S CONTINUING EDUCATION.AT EACH AGE GROUP, WE PARTNER WITH MASON WRIGHT SENIOR LIVING, INC., A RELATED 501(C)(3) PUBLIC CHARITY. TO BRING INTERGENERATIONAL OPPORTUNITIES THAT ENGAGE SENIORS IN THE CHILDREN'S LEARNING AND EXPERIENCES TO THE BENEFIT OF ALL INVOLVED. TOTAL CAPACITY OF THE CENTER IS 103 CHILDREN; IN 2021, 54 TO 80 CHILDREN WERE EDUCATED WEEKLY AS THE ENROLLMENT BEGAN TO RECOVER FROM THE CHALLENGES OF COVID.


AUXILIARY SERVICES - TRANSPORTATION TO AND FROM THE CENTER AND DAILY MEALS PROVIDED TO CHILDREN. DUE TO ONGOING COVID CHALLENGES, THE CENTER WAS NOT PERMITTED TO PROVIDE TRANSPORTATION DURING CERTAIN TIMES OF THE YEAR. DURING THE MONTHS WHEN TRANSPORTATION WAS PERMITTED, THE CENTER PROVIDED 3,133 TRANSPORTATION DAYS, WITH AN AVERAGE OF 31 STUDENTS PARTAKING, OR 40% OF OUR ENROLLMENT. TOTAL BREAKFAST, LUNCH AND SNACK MEALS SERVED DURING THE YEAR WERE 40,250, WITH ALL CHILDREN, IN ATTENDANCE, PARTICIPATING OR AN AVERAGE OF 162 MEALS/DAY.


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Board, Officers & Key Employees

Name (title)Compensation
Alan T Popp
President & CEO
$0
John Morse
Chair
$0
Jeff Sattler
Treasurer
$0
Paul Marchese
Vice Chair
$0
Allison Ebner
Secretary
$0
Sr Eileen Sullivan
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $180,128
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$180,128
Total Program Service Revenue$997,101
Investment income $0
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 $1,177,229

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