Bright School Pre-School For The Hearing Impaired
- Assets
- $1.7m
- Revenue
- $422.5k
- Investments
- $0.0
- Employees
- 9
- Location
- New Orleans, LA
- Founding
- 06/1961
- Data as of
- 06/2021
- EIN
- 72-0538259
Organization Overview
Bright School Pre-School For The Hearing Impaired is located in New Orleans, LA. The organization was established in 1961. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2021, Bright School Pre-School For The Hearing Impaired employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bright School Pre-School For The Hearing Impaired 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 06/2021, Bright School Pre-School For The Hearing Impaired generated $422.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $410.1k during the year ending 06/2021. While expenses have increased by 14.3% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE BRIGHT SCHOOL IS A NON-PROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF LOUISIANA WHICH PROVIDES EDUCATIONAL PROGRAM SERVICES TO HEARING IMPAIRED CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRE-SCHOOL FOR HEARING IMPAIRED CHILDREN: STUDENTS - 24;ADULT - 40 (PARENT COUNSELING); TOTAL SERVED - 64
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Frantz Executive Director | OfficerTrustee | 40 | $96,492 |
Tim Bright President | OfficerTrustee | 0 | $0 |
Michael White Vice-President | OfficerTrustee | 0 | $0 |
Marion Bright Board Member | Trustee | 0 | $0 |
Edmund Redd Board Member | Trustee | 0 | $0 |
Ryan Schelleci Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $582 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $294,661 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $295,243 |
| Total Program Service Revenue | $49,905 |
| Investment income | $75,386 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,380 |
| 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 | $422,479 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $96,492 |
| Compensation of current officers, directors, key employees. | $7,719 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $162,137 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,181 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,194 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $52,115 |
| Fees for services: Investment Management | $9,578 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,551 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,456 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,414 |
| Insurance | $7,027 |
| All other expenses | $0 |
| Total functional expenses | $410,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,639 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,786 |
| Net Land, buildings, and equipment | $43,642 |
| Investments—publicly traded securities | $1,483,343 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,664,410 |
| Accounts payable and accrued expenses | $18,677 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,677 |
| Net assets without donor restrictions | $1,625,733 |
| Net assets with donor restrictions | $20,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,664,410 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Bright School Pre-School For The Hearing Impaired has recieved totaling $63,559.
| Awarding Organization | Amount |
|---|---|
The Greater New Orleans Foundation New Orleans, LA PURPOSE: FUND RAISING & FUND DISTRIBUTION | $41,148 |
Fore Kids Foundation Inc Avondale, LA PURPOSE: GENERAL ASSISTANCE | $10,000 |
Pro Bono Publico Foundation New Orleans, LA PURPOSE: PROVIDES EDUCATIONAL SERVICES TO HEARING IMPAIRED PRE-SCHOOL CHILDREN | $7,000 |
Jewish Endowment Foundation Metairie, LA PURPOSE: GENERAL OPERATIONAL SUPPORT | $5,300 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $111 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Magnolia Community Services Inc Jefferson, LA | $29,222,261 | $19,467,265 |
Moody Endowment Galveston, TX | $686,505,507 | $152,947,665 |
Cares Center Inc Jackson, MS | $2,449,159 | $17,114,688 |
Brighton Center San Antonio, TX | $13,972,344 | $15,692,851 |
The Brookwood Community Inc Brookshire, TX | $8,710,239 | $19,329,578 |
Sunshine Cottage School For Deaf Children San Antonio, TX | $24,153,447 | $11,863,105 |
Burleson St Joseph Health Center Of Caldwell Texas Bryan, TX | $18,400,650 | $13,899,654 |
The Elizabeth Richardson Center Inc Fayetteville, AR | $5,939,188 | $10,158,731 |
Draw Academy Incorporated Houston, TX | $4,055,605 | $10,027,350 |
Child Study Center Fort Worth, TX | $14,339,570 | $9,360,325 |
Briarwood School Houston, TX | $7,638,237 | $8,954,444 |
Civitan Center Benton, AR | $7,426,072 | $8,172,929 |