Brighter Horizon Group Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 64,455 | −64,455 | -12.0 | — |
| 2017 | 213,922 | 322,381 | −108,459 | -6.4 | 49% |
| 2018 | 621,845 | 574,701 | 47,144 | -1.5 | 56% |
| 2019 | 624,867 | 783,187 | −158,320 | -3.5 | 41% |
| 2020 | 759,122 | 844,497 | −85,375 | -4.5 | 45% |
| 2021 | 2,087,268 | 1,613,815 | 473,453 | 1.2 | 51% |
| 2022 | 2,087,463 | 2,162,206 | −74,743 | 0.5 | 47% |
| 2023 | 3,347,689 | 3,300,649 | 47,040 | 0.5 | 51% |
In its most recent public year (2023), this organization brought in $47,040 more than it spent. Its reserves stood at about 0.5 months of spending, up from -12 in 2016. Staff pay was 51% 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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