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North Carolina · Nonprofit

Bright Beginnings Academy Inc

Bright Beginnings Academy Inc (North Carolina) receives grants from 1 organization whose IRS filings report $87,954 to it, the largest being ALBEMARLE ALLIANCE FOR CHILDREN AND FAMILIES INC ($87,954). 0 of them have funded it in more than one year.

Revenue FY2024
$1.6M
Funders on record
1
Grants received
$88k
Net assets
$410k
0/1 repeat funders
01What it does

What Bright Beginnings Academy Inc does

Mission

To provide services for low-income families and one parent households who have preschool children in need of quality child care services.

As stated on its FY2024 Form 990.

Program

  1. Low income Child care and food services

    $1,339,004 spent$1,631,904 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,339,004.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($667k) Expenses 100 ($635k) Net assets 100 ($31k)2019 Revenue 136 ($907k) Expenses 133 ($847k) Net assets 310 ($95k)2020 Revenue 211 ($1.4M) Expenses 200 ($1.3M) Net assets 758 ($232k)2021 Revenue 228 ($1.5M) Expenses 230 ($1.5M) Net assets 1462 ($447k)2022 Revenue 271 ($1.8M) Expenses 288 ($1.8M) Net assets 1230 ($376k)2023 Revenue 224 ($1.5M) Expenses 234 ($1.5M) Net assets 1245 ($380k)2024 Revenue 245 ($1.6M) Expenses 252 ($1.6M) Net assets 1343 ($410k)
2018201920202021202220232024
Revenue (245)Expenses (252)Net assets (1343)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $406k to $835k (+106%).

$388k
$406k
$835k
$912k
$723k
$697k
$538k
2018201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

15% of Bright Beginnings Academy Inc’s revenue is contributions — more earned-revenue than three-quarters of its peers (81% for the typical peer).

This organization
Typical peer · 11,793 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.

$32k
’18
$60k
’19
$137k
’20
$58k
’21
−$17k
’22
$5k
’23
$30k
’24
0.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Tangie Bond

Chair person

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed3333333
Joined·+0+0+0+0+0+0
No longer listed·000000
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'25*
total
funders
1

From the IRS filings of Bright Beginnings Academy Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Bright Beginnings Academy Inc's grant income comes from North Carolina funders.

NC

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Bright Beginnings Academy Inc has grown faster than half of the 11,263 human services nonprofits its size.

Operating margin2% · below the median
Months of reserve0.2mo · bottom quartile
Revenue growth (annualized)16% · above the median

this organization peer median middle 50% of peers· 11,263 human services nonprofits $1M–$10M, FY2024

Organizations like Bright Beginnings Academy Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

4
board members
75%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for Bright Beginnings Academy Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Bright Beginnings Academy Inc?
Bright Beginnings Academy Inc (North Carolina) receives grants from 1 organization whose IRS filings report $87,954 to it, the largest being ALBEMARLE ALLIANCE FOR CHILDREN AND FAMILIES INC ($87,954). 0 of them have funded it in more than one year.
How many funders does Bright Beginnings Academy Inc have?
IRS filings report 1 organization giving $87,954 in grants to Bright Beginnings Academy Inc.
Who is the largest funder of Bright Beginnings Academy Inc?
ALBEMARLE ALLIANCE FOR CHILDREN AND FAMILIES INC is the largest funder on record, with $87,954 in grants. The full list of funders is on this page.
How can an organization like Bright Beginnings Academy Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing