BRIGHTSIDE FOUNDATION INC

EIN: 450948896 501(c)(3) Public Safety

LOUISVILLE, KY

Total Revenue
$455,069
Total Expenses
$280,357
Total Assets
$1,948,083
Net Assets
$1,901,777
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
KY
Principal Officer
MICHELLE BLACK WHITE
Phone
5026450575
Tax Period
2024-07-01 to 2025-06-30

BRIGHTSIDE FOUNDATION INC, founded in 2010, is a small nonprofit in the Public Safety sector that reported $455K in total revenue in fiscal year 2024. Revenue surged 101% from the prior year, signaling strong growth momentum. The organization ran a surplus of $175K, a strong 38% operating margin.

Mission

BRIGHTSIDE FOUNDATION WORKS HAND-IN-HAND WITH BRIGHTSIDE, INC. TO SOLICIT AND OVERSEE PRIVATELY-RAISED FUNDS IN SUPPORT OF THE ENVIRONMENTALLY FOCUSED ACTIVITIES OF BRIGHTSIDE INC. THROUGH ITS FIDUCIARY ROLE, THE FOUNDATION ENSURES THAT DONATED FUNDS ARE USED AS THE DONOR INTENDED.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $500,125
Program Service Revenue $0
Investment Income $56,555
Other Revenue $-101,611
TOTAL REVENUE $455,069

Expense Breakdown

Grants Paid $0
Salaries & Benefits $98,679
Fundraising Expenses $26,939
Program Expenses $151,453
Other Expenses $181,678
TOTAL EXPENSES $280,357

Year-over-Year Comparison

2024 2023 Change
Revenue $455,069 $226,235 +1.0%
Expenses $280,357 $287,843 0.0%
Net Income $174,712 $-61,608 -3.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
11
Independent Members
9
Employees
2
Volunteers
9618

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
5
$129,583
Total Directors
11
$103,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOUIS STRAUB II CHAIR 0.25
Officer Director
$0 $0 $0
JENNIFER MCGILL TREASURER 0.25
Officer Director
$0 $0 $0
CHANDRIKA SRINIVASAN SECRETARY 0.25
Officer Director
$0 $0 $0
BRANDAN BURFICT DIRECTOR 0.25
Director
$0 $0 $0
BRANDON COAN DIRECTOR 0.25
Director
$0 $0 $0
WILL FENSTERER DIRECTOR 0.25
Director
$0 $0 $0
JASON LARKIN DIRECTOR 0.25
Director
$0 $0 $0
GINA O'BRIEN DIRECTOR 0.25
Director
$0 $0 $0
JEFF ENGLISH DIRECTOR 0.25
Director
$0 $0 $0
MICHELLE BLACK WHITE EXECUTIVE DIRECTOR 20.00
Officer Director
$103,000 $0 $103,000
LORRI ROBERTS EX-OFFICIO 0.25
Director
$0 $0 $0
AMBER HALLORAN CFO 10.00
Officer
$26,583 $0 $26,583
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 $455,069 $280,357 $1,948,083 $174,712
2024 No data No data No data No data
2023 $481,773 $213,961 $1,632,274 $267,812
2022 $-18,979 $295,280 $1,586,868 $-314,259
2021 $475,012 $219,341 $1,773,077 $255,671
2020 $443,912 $367,126 $1,502,612 $76,786
2019 $434,851 $304,131 $1,523,196 $130,720
2018 $365,553 $274,589 $1,306,032 $90,964
Explore More Nonprofits
→Top 100 Nonprofits in Kentucky →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BRIGHTSIDE FOUNDATION INC with other nonprofits in Kentucky and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.