Bright Star Early Learning Centerinc
Bright Star Early Learning Center Inc. shows a sudden halt in reported financial activity after years of consistent operation.
EIN: 205347958 · Denver, CO · Updated: 2026-03-28
Is Bright Star Early Learning Centerinc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bright Star Early Learning Centerinc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bright Star Early Learning Centerinc
Bright Star Early Learning Centerinc (EIN: 205347958) is a nonprofit organization based in Denver, CO. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bright Star Early Learning Centerinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bright Star Early Learning Centerinc is a small nonprofit, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $384K |
| Total Expenses | $420K |
| Surplus / Deficit | $-36,130 |
| Total Assets | $48K |
| Net Assets | $50K |
| Operating Margin | -9.4% |
| Months of Reserves | 1.4 months |
Financial Health Grade: D
In 2017, Bright Star Early Learning Centerinc reported a deficit of $36K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2011–2017), Bright Star Early Learning Centerinc's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -21.1% | -19.9% | -44.0% |
| 2016 | -11.0% | +7.6% | -30.6% |
| 2015 | +13.5% | +5.2% | +78.5% |
| 2014 | +19.0% | +10.4% | +39.1% |
| 2013 | -7.8% | -12.8% | -18.9% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bright Star Early Learning Centerinc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Bright Star Early Learning Centerinc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $36K, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that no salaries were paid to officers, which is highly unusual for an organization of its historical size (revenues typically over $380,000).
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bright Star Early Learning Centerinc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, a significant and unexplained deviation from historical financial activity.
- Expenses frequently exceeded revenue in several periods (e.g., 201712, 201612, 201312, 201212), indicating potential operational deficits.
- Consistent 0% officer compensation is unusual for an organization of its historical size and could suggest uncompensated leadership or alternative compensation structures not transparently reported.
Strengths
The following positive indicators were identified for Bright Star Early Learning Centerinc:
- Consistent filing of IRS Form 990s over several years, demonstrating a commitment to transparency in reporting.
- Historically maintained significant revenue streams (over $380,000 annually) prior to the latest filing anomaly.
- Low reported liabilities in most periods, suggesting responsible financial management of debts.
Frequently Asked Questions about Bright Star Early Learning Centerinc
Is Bright Star Early Learning Centerinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bright Star Early Learning Centerinc (EIN: 205347958) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Bright Star Early Learning Centerinc spend its money?
Bright Star Early Learning Centerinc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bright Star Early Learning Centerinc tax-deductible?
Bright Star Early Learning Centerinc is registered as a tax-exempt nonprofit (EIN: 205347958). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the sudden drop to $0 in revenue and assets in the latest filing?
The provided data shows a stark contrast between the latest filing (Revenue $0, Assets $0) and previous years where revenue was consistently in the range of $383,514 to $546,370. This could indicate a cessation of operations, a merger, or a significant reporting error that needs clarification.
How does the organization sustain operations with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation, which is unusual for an organization with historical revenues exceeding $380,000 annually.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses beyond total expenses. Understanding these categories is crucial for assessing spending efficiency and program focus.
Filing History
IRS 990 filing history for Bright Star Early Learning Centerinc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Bright Star Early Learning Centerinc's revenue has declined by 17.3%, moving from $464K to $384K. Total assets decreased by 53.7% over the same period, from $104K to $48K. Total functional expenses fell by 10.4%, from $468K to $420K. In its most recent filing year (2017), Bright Star Early Learning Centerinc reported a deficit of $36K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $384K | $420K | $48K | $-1,638 | — | View 990 |
| 2016 | $486K | $524K | $86K | $401 | — | — |
| 2015 | $546K | $487K | $124K | $617 | — | View 990 |
| 2014 | $481K | $463K | $70K | $5K | — | View 990 |
| 2013 | $404K | $420K | $50K | $4K | — | View 990 |
| 2012 | $439K | $481K | $62K | $511 | — | View 990 |
| 2011 | $464K | $468K | $104K | $499 | — | — |
Year-by-Year Financial Summary
- 2017: Revenue of $384K, expenses of $420K, and assets of $48K (revenue -21.1% year-over-year).
- 2016: Revenue of $486K, expenses of $524K, and assets of $86K (revenue -11.0% year-over-year).
- 2015: Revenue of $546K, expenses of $487K, and assets of $124K (revenue +13.5% year-over-year).
- 2014: Revenue of $481K, expenses of $463K, and assets of $70K (revenue +19.0% year-over-year).
- 2013: Revenue of $404K, expenses of $420K, and assets of $50K (revenue -7.8% year-over-year).
- 2012: Revenue of $439K, expenses of $481K, and assets of $62K (revenue -5.4% year-over-year).
- 2011: Revenue of $464K, expenses of $468K, and assets of $104K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bright Star Early Learning Centerinc:
Data Sources and Methodology
This transparency report for Bright Star Early Learning Centerinc 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.