Bright Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 5,159 | 3,294 | 1,865 | 6.8 | 0% |
| 2020 | 22,393 | 23,997 | −1,604 | 0.1 | 0% |
| 2021 | 15,398 | 15,485 | −87 | 0.1 | 0% |
| 2022 | 8,643 | 8,755 | −112 | 0.1 | — |
| 2023 | 31,034 | 30,810 | 224 | 0.1 | — |
In its most recent public year (2023), this organization brought in $224 more than it spent. Its reserves stood at about 0.1 months of spending, down from 6.8 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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