Bright Futures Early Learning Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 772,946 | 750,047 | 22,899 | 0.3 | 60% |
| 2019 | 993,730 | 876,453 | 117,277 | 2.0 | 51% |
| 2020 | 1,151,520 | 974,650 | 176,870 | 3.2 | 54% |
| 2021 | 1,177,229 | 1,127,728 | 49,501 | 3.4 | 52% |
| 2022 | 1,774,975 | 1,495,074 | 279,901 | 2.8 | 47% |
| 2023 | 1,830,015 | 1,586,431 | 243,584 | 3.6 | 54% |
In its most recent public year (2023), this organization brought in $243,584 more than it spent. Its reserves stood at about 3.6 months of spending, up from 0.3 in 2018. Staff pay was 54% 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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