Nonprofit · EIN 82-0603463
BRIGHT BEGINNINGS ACADEMY INC
Tax-exempt · ELIZABETH CTY, NC 27906
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,631,904 | $1,601,922 | $29,982 | $538,143 | $128,150 | $409,993 |
| December 31, 2023 | 990 | $1,492,631 | $1,488,128 | $4,503 | $697,357 | $317,346 | $380,011 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $239,481
- Program service revenue
- $1,342,576
- Investment income
- $49,847
- Net gain from sales of assets
- $49,840
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $728,363
- Salaries, compensation and benefits (total)
- $1,029,202
- Professional fundraising fees
- $0
- Accounting fees
- $7,040
- Depreciation
- $75,107
- Program services (functional)
- $1,339,004
- Management and general (functional)
- $262,918
Balance sheet and other
- Total assets, start of year
- $697,357
- Total assets, end of year
- $538,143
- Total liabilities, end of year
- $128,150
- Net assets, end of year
- $409,993
- Land, buildings and equipment
- $492,711
- Gross receipts
- $1,722,508
- Employees
- 45
- Volunteers
- 2
- Year formed
- 2017
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michele Gregory | President Officer, Key employee, Highest-paid employee | 40 | $188,600 |
| Deborah J Billups | Sec/Treasurer Officer, Key employee | 40 | $32,457 |
| Tangie Bond | Chair person Officer | 6 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michele Gregory | President Officer, Key employee, Highest-paid employee | 40 | $165,441 |
| Deborah Billups | Sec/Treasurer Officer, Key employee | 40 | $37,940 |
| Tangie Bond | Chair person Officer | 6 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2912, ELIZABETH CTY, NC 27906-2912
- Mailing address (990-N for 2017)
- 106 Beanway St, Elizabeth City NC 27909
- Principal officer (990 for 2024)
- Michelle Gregory, 106 Beanway, Elizabeth City, NC 27909
- Principal officer (990-N for 2017)
- MICHELLE GREGORY, 106 Beanway St, Elizabeth City NC 27909
- Signed the 990
- Michelle Gregory, President
- Phone
- (252) 619-5090
- Return prepared by
- Winslow Accounting & Tax Service Inc
Mission
To provide services for low-income families and one parent households who have preschool children in need of quality child care services.
Program accomplishments
- Low income Child care and food servicesExpenses $1,339,004 · revenue $1,631,904
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-0603463
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P33)
- Assets (IRS master file)
- $538,143
- Income (IRS master file)
- $1,722,508
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,631,904 | $1,601,922 | $538,143 | XML |
| 990 | December 2023 | $1,492,631 | $1,488,128 | $697,357 | XML |
| 990 | December 2022 | $1,810,578 | $1,827,085 | $722,647 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: MICHELLE GREGORY | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-0603463).
Questions about BRIGHT BEGINNINGS ACADEMY INC
- What is the EIN of BRIGHT BEGINNINGS ACADEMY INC?
- The employer identification number (EIN) of BRIGHT BEGINNINGS ACADEMY INC is 82-0603463.
- Is BRIGHT BEGINNINGS ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to BRIGHT BEGINNINGS ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BRIGHT BEGINNINGS ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BRIGHT BEGINNINGS ACADEMY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BRIGHT BEGINNINGS ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BRIGHT BEGINNINGS ACADEMY INC?
- The 990 for the year ended December 31, 2024 names Michelle Gregory.
- Who are the officers and directors of BRIGHT BEGINNINGS ACADEMY INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 2 received compensation from the organization, the highest $188,600 (Michele Gregory, President).
- How much revenue does BRIGHT BEGINNINGS ACADEMY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,631,904, expenses of $1,601,922 and total assets of $538,143 at year end.
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