Brightmoor Christian Church Endowment Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,503,626 | 1,284,824 | 218,802 | 2.2 | 0% |
| 2022 | 1,829,016 | 1,513,239 | 315,777 | 4.0 | 0% |
| 2023 | 1,721,222 | 1,511,753 | 209,469 | 6.0 | 0% |
In its most recent public year (2023), this organization brought in $209,469 more than it spent. Its reserves stood at about 6 months of spending, up from 2.2 in 2021. Staff pay was 0% of spending. $186,830 of its net assets are donor-restricted.
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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