Brite Energy Innovators
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 140,003 | 13,928 | 126,075 | 108.6 | — |
| 2012 | 651,641 | 302,662 | 348,979 | 18.8 | 0% |
| 2013 | 853,716 | 470,424 | 383,292 | 21.9 | 0% |
| 2014 | 605,521 | 455,140 | 150,381 | 26.0 | 0% |
| 2015 | 3,287,995 | 727,524 | 2,560,471 | 61.9 | 0% |
| 2016 | 276,910 | 823,832 | −546,922 | 46.7 | 0% |
| 2017 | 510,113 | 731,334 | −221,221 | 61.2 | 0% |
| 2018 | 271,152 | 721,703 | −450,551 | 54.5 | 5% |
| 2019 | 540,182 | 573,714 | −33,532 | 76.9 | 23% |
| 2020 | 1,537,403 | 1,525,199 | 12,204 | 27.7 | 33% |
| 2021 | 1,534,649 | 1,780,293 | −245,644 | 22.1 | 29% |
| 2022 | 2,228,427 | 2,153,189 | 75,238 | 18.7 | 31% |
| 2023 | 2,902,344 | 2,560,446 | 341,898 | 17.3 | 31% |
In its most recent public year (2023), this organization brought in $341,898 more than it spent. Its reserves stood at about 17.3 months of spending, down from 108.6 in 2011. Staff pay was 31% of spending. $437,638 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
Brite Energy Innovators's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works