Operating record

Bright Star Education Group

Los Angeles, CA · EIN 46-3566533 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$3,134,673$4,383,290−$1,248,61737.40%
2021$3,030,526$4,178,347−$1,147,82136.00%
2022$3,700,945$4,763,355−$1,062,41033.00%
2023$3,050,794$6,005,495−$2,954,70120.30%

In its most recent public year (2023), this organization spent $2,954,701 more than it brought in. Its reserves stood at about 20.3 months of spending, down from 37.4 in 2020. Staff pay was 0% 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 ↗