BRIGHT CIRCLE INC (EIN 480925897) - 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

1981

Legal Domicile

Principal Officer

ELIZABETH LITSCHER

Phone

7852351033

Tax Period

2023-01-01 to 2023-12-31

BRIGHT CIRCLE INC, founded in 1981, is a small nonprofit that reported $234K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year.

Mission

TO SUPPLY PARENTS WITH ADEQUATE CHILDCARE AND EARLY TEACHINGS FOR A CHILD'S FUTURE.

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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 $48,224

Program Service Revenue $185,366

Investment Income $12

Other Revenue $153

TOTAL REVENUE $233,755

Expense Breakdown

Grants Paid $0

Salaries & Benefits $183,573

Fundraising Expenses $0

Program Expenses $250,330

Other Expenses $66,757

TOTAL EXPENSES $250,330

Year-over-Year Comparison

	2023	2022	Change
Revenue	$233,755	$272,749	-0.1%
Expenses	$250,330	$291,711	-0.1%
Net Income	$-16,575	$-18,962	-0.1%

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

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

$39,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARRIE RIDLEY	TRUSTEE	1.00	Director	$0	$0	$0
RALYNN SCHMALZRIED SCHMIDT	TRUSTEE	1.00	Director	$0	$0	$0
TYSON YAGER	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHELLE KERR	TRUSTEE	1.00	Director	$0	$0	$0
COREY LADA	PRESIDENT	1.00	Officer Director	$0	$0	$0
DREW STRATMAN	TRUSTEE	1.00	Director	$0	$0	$0
BETSEY LITSCHER	EXECUTIVE DIRECTOR	40.00	Officer	$39,000	$0	$39,000

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
2024	No data	No data	No data	No data
2023	$233,755	$250,330	$154,326	$-16,575
2022	$272,749	$291,711	$179,031	$-18,962
2021	$314,000	$280,409	$198,924	$33,591
2020	$251,124	$239,287	$167,606	$11,837

BRIGHT CIRCLE INC