BRIGHTSIDE INC (EIN 042182395) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

ROBERT ROOSE

Phone

8607144000

Tax Period

2023-07-01 to 2024-06-30

BRIGHTSIDE INC, founded in 1969, is a community nonprofit in the Human Services sector that reported $2.7M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $668K, a strong 24% operating margin.

Mission

TO PROVIDE HEALTH CARE SERVICES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $254,262

Program Service Revenue $2,171,354

Investment Income $269,919

Other Revenue $51,585

TOTAL REVENUE $2,747,120

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,736,836

Fundraising Expenses $0

Program Expenses $1,901,189

Other Expenses $342,305

TOTAL EXPENSES $2,079,141

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,747,120	$2,940,878	-0.1%
Expenses	$2,079,141	$2,004,731	+0.0%
Net Income	$667,979	$936,147	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$2,003,422

Total Directors

$2,003,422

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBORAH BITSOLI	DIRECTOR; PRES/CHAIR THR 12/23	1.00	Officer Director	$0	$133,802	$873,882
ROBERT ROOSE MD	DIRECTOR; PRES/ CHAIR AS OF 1/24	1.00	Officer Director	$0	$75,914	$646,082
MIKE RYAN	DIR, SEC, TREAS, REG VP OF FINANCE	1.00	Officer Director	$0	$49,064	$483,458
MARIA ZYGMONT	CLINICAL MANAGER	40.00	Highest	$0	$19,105	$122,286
STUART ROSENBERG	FORMER KEY EMPLOYEE	0.00		$0	$30,634	$397,541
DANIEL KEENAN	FORMER OFFICER; SVP GOV'T RELATIONS	0.00		$0	$55,688	$386,372
JAMES HARRIS	FMR OFFICER; TH OF NE DIR OF REIMB	0.00		$0	$46,392	$277,482

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$2,747,120	$2,079,141	$7,411,698	$667,979
2023	$2,940,878	$2,004,731	$7,073,364	$936,147
2022	$3,710,768	$2,329,557	$7,434,596	$1,381,211
2021	$3,380,845	$2,389,255	$7,112,108	$991,590
2020	$2,693,932	$3,728,120	$6,116,433	$-1,034,188
2019	$2,839,180	$3,022,878	$6,233,553	$-183,698
2018	$2,659,745	$3,088,799	$5,845,229	$-429,054

BRIGHTSIDE INC