Brighter Future Employment Services
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 2,195,583 | 2,109,674 | 85,909 | 0.5 | 78% |
| 2020 | 3,920,930 | 4,654,547 | −733,617 | -1.7 | 78% |
| 2021 | 4,962,120 | 5,152,414 | −190,294 | -2.0 | 78% |
| 2022 | 6,378,296 | 5,442,835 | 935,461 | 0.2 | 79% |
| 2023 | 5,403,418 | 5,403,418 | 0 | 0.2 | 80% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 0.2 months of spending. Staff pay was 80% 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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