Brighter Tomorrows Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,128,377 | 1,932,385 | 195,992 | 2.2 | 48% |
| 2021 | 2,917,031 | 2,501,247 | 415,784 | 3.7 | 42% |
| 2022 | 2,726,338 | 2,538,936 | 187,402 | 4.5 | 34% |
| 2023 | 2,889,954 | 2,819,392 | 70,562 | 4.4 | 36% |
In its most recent public year (2023), this organization brought in $70,562 more than it spent. Its reserves stood at about 4.4 months of spending, up from 2.2 in 2020. Staff pay was 36% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works