Brightside Up Inc
Brightside Up Inc maintains stable finances with no reported officer compensation.
EIN: 141648493 · Menands, NY · NTEE: P33L · Updated: 2026-03-28
About Brightside Up Inc
Brightside Up Inc (EIN: 141648493) is a nonprofit organization based in Menands, NY, classified under NTEE code P33L. The organization reported total revenue of $6.5M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brightside Up Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Brightside Up Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Brightside Up Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Brightside Up Inc consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is a strong positive for directing funds to mission-related activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Brightside Up Inc:
- 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.
Frequently Asked Questions about Brightside Up Inc
Is Brightside Up Inc a good charity?
Based on the available IRS 990 data, Brightside Up Inc appears to be a financially stable organization with a strong commitment to transparency regarding executive compensation (reporting 0% officer compensation). Their consistent revenue and expense levels, along with assets exceeding liabilities, suggest responsible financial management. A more detailed breakdown of program spending would further solidify this assessment.
How does Brightside Up Inc manage its executive compensation?
Brightside Up Inc consistently reports 0% officer compensation in all available IRS 990 filings. This indicates that no compensation was paid to officers, directors, trustees, or key employees, which is a significant positive for a nonprofit.
What is the trend in Brightside Up Inc's financial health?
Brightside Up Inc has shown consistent revenue and expense levels over the past decade, generally operating near break-even. Their assets have grown from $860,491 in 2014 to $2,684,666 in 2023, consistently exceeding liabilities, indicating a stable and improving financial position.
Filing History
IRS 990 filing history for Brightside Up Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brightside Up Inc's revenue has grown by 55.3%, moving from $4.4M to $6.8M. Total assets increased by 99.9% over the same period, from $1.3M to $2.7M. Total functional expenses rose by 55.8%, from $4.3M to $6.8M. In its most recent filing year (2023), Brightside Up Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $2.7M in assets (debt-to-asset ratio: 52.4%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $6.8M | $6.8M | $2.7M | $1.4M | — | View 990 |
| 2022 | $6.5M | $6.5M | $2.9M | $1.5M | — | View 990 |
| 2021 | $8.1M | $7.7M | $1.7M | $365K | — | View 990 |
| 2020 | $7.6M | $7.0M | $1.2M | $296K | — | View 990 |
| 2019 | $4.7M | $4.8M | $1.0M | $650K | — | View 990 |
| 2018 | $4.2M | $4.3M | $909K | $512K | — | View 990 |
| 2017 | $4.5M | $4.5M | $983K | $497K | — | View 990 |
| 2016 | $4.7M | $4.9M | $715K | $268K | — | View 990 |
| 2015 | $4.7M | $4.7M | $842K | $198K | — | View 990 |
| 2014 | $4.6M | $4.6M | $860K | $218K | — | View 990 |
| 2013 | $4.6M | $4.6M | $843K | $259K | — | View 990 |
| 2012 | $4.2M | $4.4M | $1.2M | $646K | — | View 990 |
| 2011 | $4.4M | $4.3M | $1.3M | $642K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.8M, expenses of $6.8M, and assets of $2.7M (revenue +3.6% year-over-year).
- 2022: Revenue of $6.5M, expenses of $6.5M, and assets of $2.9M (revenue -19.0% year-over-year).
- 2021: Revenue of $8.1M, expenses of $7.7M, and assets of $1.7M (revenue +6.4% year-over-year).
- 2020: Revenue of $7.6M, expenses of $7.0M, and assets of $1.2M (revenue +59.4% year-over-year).
- 2019: Revenue of $4.7M, expenses of $4.8M, and assets of $1.0M (revenue +12.7% year-over-year).
- 2018: Revenue of $4.2M, expenses of $4.3M, and assets of $909K (revenue -6.4% year-over-year).
- 2017: Revenue of $4.5M, expenses of $4.5M, and assets of $983K (revenue -3.4% year-over-year).
- 2016: Revenue of $4.7M, expenses of $4.9M, and assets of $715K (revenue -0.9% year-over-year).
- 2015: Revenue of $4.7M, expenses of $4.7M, and assets of $842K (revenue +1.4% year-over-year).
- 2014: Revenue of $4.6M, expenses of $4.6M, and assets of $860K (revenue +0.7% year-over-year).
- 2013: Revenue of $4.6M, expenses of $4.6M, and assets of $843K (revenue +8.8% year-over-year).
- 2012: Revenue of $4.2M, expenses of $4.4M, and assets of $1.2M (revenue -2.7% year-over-year).
- 2011: Revenue of $4.4M, expenses of $4.3M, and assets of $1.3M.
Data Sources and Methodology
This transparency report for Brightside Up Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.