Bright Water Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 131,550 | 22,616 | 108,934 | 61.9 | — |
| 2020 | 21,566 | 20,512 | 1,054 | 68.9 | — |
| 2021 | 40,714 | 45,314 | −4,600 | 30.0 | — |
| 2022 | 84,095 | 74,367 | 9,728 | 19.8 | — |
| 2023 | 80,119 | 81,715 | −1,596 | 17.8 | — |
In its most recent public year (2023), this organization spent $1,596 more than it brought in. Its reserves stood at about 17.8 months of spending, down from 61.9 in 2019.
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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