Bright Circle Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 251,124 | 239,287 | 11,837 | 7.4 | 69% |
| 2021 | 314,000 | 280,409 | 33,591 | 7.7 | 65% |
| 2022 | 272,749 | 291,711 | −18,962 | 6.7 | 61% |
| 2023 | 233,755 | 250,330 | −16,575 | 7.0 | 68% |
In its most recent public year (2023), this organization spent $16,575 more than it brought in. Its reserves stood at about 7 months of spending. Staff pay was 68% 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
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