Bright Future Daycare A Nj Nonprofit Corporation
EIN: 461548665 · Jersey City, NJ · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $545K |
| Total Expenses | $559K |
| Net Assets | $256K |
Is Bright Future Daycare A Nj Nonprofit Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bright Future Daycare A Nj Nonprofit Corporation
Bright Future Daycare A Nj Nonprofit Corporation (EIN: 461548665) is a nonprofit organization based in Jersey City, NJ, classified under NTEE code B11. The organization reported total revenue of $545K and total assets of $428K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bright Future Daycare A Nj Nonprofit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bright Future Daycare A Nj Nonprofit Corporation is a small nonprofit that has been operating for 8 years.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $545K |
| Total Expenses | $559K |
| Surplus / Deficit | $-14,518 |
| Total Assets | $428K |
| Total Liabilities | $172K |
| Net Assets | $256K |
| Operating Margin | -2.7% |
| Debt-to-Asset Ratio | 40.2% |
| Months of Reserves | 9.2 months |
Financial Health Grade: B
In 2017, Bright Future Daycare A Nj Nonprofit Corporation reported a deficit of $15K with expenses exceeding revenue, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 40.2% (moderate leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bright Future Daycare A Nj Nonprofit Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bright Future Daycare A Nj Nonprofit Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.2%.
Frequently Asked Questions about Bright Future Daycare A Nj Nonprofit Corporation
Is Bright Future Daycare A Nj Nonprofit Corporation a legitimate charity?
Bright Future Daycare A Nj Nonprofit Corporation (EIN: 461548665) is a registered tax-exempt nonprofit based in New Jersey. Total revenue: $545K. No red flags identified. Financial health grade: B.
How does Bright Future Daycare A Nj Nonprofit Corporation spend its money?
Bright Future Daycare A Nj Nonprofit Corporation reported $545K in total revenue in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bright Future Daycare A Nj Nonprofit Corporation tax-deductible?
Bright Future Daycare A Nj Nonprofit Corporation is registered as a tax-exempt nonprofit (EIN: 461548665). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bright Future Daycare A Nj Nonprofit Corporation located?
Bright Future Daycare A Nj Nonprofit Corporation is headquartered in Jersey City, New Jersey and files with the IRS under EIN 461548665. It is classified under NTEE code B11.
Filing History
IRS 990 filing history for Bright Future Daycare A Nj Nonprofit Corporation showing financial trends over 1 year of public records:
In its most recent filing year (2017), Bright Future Daycare A Nj Nonprofit Corporation reported a deficit of $15K, with expenses exceeding revenue. The organization holds $172K in liabilities against $428K in assets (debt-to-asset ratio: 40.2%), resulting in net assets of $256K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $545K | $559K | $428K | $172K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bright Future Daycare A Nj Nonprofit Corporation:
Data Sources and Methodology
This transparency report for Bright Future Daycare A Nj Nonprofit Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.