Quick charity verification for Brightside Up Inc (EIN: 141648493)
Verdict: Brightside Up Inc appears trustworthy
88/100Mission Score
$6.5MRevenue
$2.5MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating strong commitment to mission-focused spending.
Assets consistently exceed liabilities, demonstrating financial solvency and stability (e.g., $2,684,666 assets vs. $1,406,731 liabilities in 2023).
Stable revenue and expense levels over the past decade, suggesting consistent operational capacity and program delivery.
Healthy growth in assets over time, from $860,491 in 2014 to $2,684,666 in 2023.
Spending Breakdown
How Brightside Up Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Brightside Up Inc
Is Brightside Up Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Brightside Up Inc (EIN: 141648493) appears trustworthy. Mission Score: 88/100. 0 red flags identified, 4 strengths noted.
Is Brightside Up Inc a good charity to donate to?
Brightside Up Inc has a Mission Score of 88/100. Revenue: $6.5M. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Brightside Up Inc?
The Employer Identification Number (EIN) for Brightside Up Inc is 141648493. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Brightside Up Inc spend its money?
Brightside Up Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Brightside Up Inc's tax-exempt status?
You can verify Brightside Up Inc's tax-exempt status using EIN 141648493 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Brightside Up Inc demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade. In the most recent filing (202312), the organization reported revenues of $6,759,914 against expenses of $6,772,721, indicating a slight operational deficit for that period. However, this is a common occurrence for nonprofits managing tight budgets and does not necessarily signal distress, especially given their healthy asset base of $2,684,666.
The organization's financial health appears stable, with assets consistently exceeding liabilities, most recently $2,684,666 in assets against $1,406,731 in liabilities. This suggests a reasonable level of financial solvency. A notable strength is the consistent reporting of 0% officer compensation across all available filings, which speaks positively to their commitment to directing funds towards their mission rather than executive salaries. This also enhances their transparency profile, as it indicates that leadership is either volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which would warrant further inquiry for complete understanding.
While specific program spending ratios are not provided in the raw data, the consistent operational scale and the absence of reported officer compensation suggest a focus on mission delivery. To fully assess spending efficiency, a detailed breakdown of program, administrative, and fundraising expenses would be necessary. However, based on the available data, Brightside Up Inc appears to be a financially stable organization with a strong commitment to transparency regarding executive pay.