Bright Side Opportunities Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 550,881 | 531,503 | 19,378 | 41.8 | 43% |
| 2021 | 552,684 | 567,473 | −14,789 | 38.8 | 43% |
| 2022 | 807,744 | 716,876 | 90,868 | 33.1 | 37% |
| 2023 | 1,376,771 | 926,818 | 449,953 | 31.4 | 43% |
In its most recent public year (2023), this organization brought in $449,953 more than it spent. Its reserves stood at about 31.4 months of spending, down from 41.8 in 2020. Staff pay was 43% of spending. $679,084 of its net assets are donor-restricted.
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
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