Brighter Choice Elementary Charter Schools
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,366,981 | 3,953,985 | 412,996 | -2.3 | 43% |
| 2012 | 4,548,032 | 4,447,789 | 100,243 | -1.8 | 43% |
| 2013 | 4,527,270 | 4,601,872 | −74,602 | -1.9 | 46% |
| 2014 | 4,341,204 | 4,381,533 | −40,329 | -2.2 | 47% |
| 2015 | 4,189,705 | 4,092,300 | 97,405 | -2.6 | 42% |
| 2016 | 4,510,592 | 3,962,499 | 548,093 | -1.1 | 47% |
| 2017 | 5,022,901 | 4,395,117 | 627,784 | 0.8 | 51% |
| 2018 | 5,243,961 | 4,725,679 | 518,282 | 2.0 | 50% |
| 2019 | 5,295,430 | 4,751,491 | 543,939 | 3.4 | 46% |
| 2020 | 5,319,765 | 4,512,207 | 807,558 | 5.7 | 49% |
| 2021 | 9,917,493 | 8,762,420 | 1,155,073 | 6.3 | 50% |
| 2022 | 10,972,851 | 10,263,065 | 709,786 | 6.2 | 44% |
| 2023 | 11,303,408 | 10,066,152 | 1,237,256 | 7.8 | 47% |
| 2024 | 13,223,361 | 10,588,542 | 2,634,819 | 10.4 | 48% |
In its most recent public year (2024), this organization brought in $2,634,819 more than it spent. Its reserves stood at about 10.4 months of spending, up from -2.3 in 2011. Staff pay was 48% 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 2024. 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
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