Bright Saver INC EIN 33-2359862

Bright Saver INC

EIN  33-2359862 Public charity (501(c)(3)) Palo Alto, CA Founded 2024
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Size
$100K–1M
What they do
an environmental nonprofit
Leadership
Cora Stryker · Program Director · $94K
Money in and out
$656K revenue, $395K expenses
Bottom line
79% program efficiency

Bright Saver INC is an environmental nonprofit based in Palo Alto, CA, formed in 2024. For fiscal year 2025 it reported $656K in revenue, $395K in expenses, and $261K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$656K
Pt VIII · Ln 12
Total expenses
$395K
Pt IX · Ln 25
Net assets
$261K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $261K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.09 Fundraising $0.12
Program efficiency
79%
of spending reaches programs
Operating runway
17.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+40%
revenue over expenses, this year▼ -60% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$656K
FY2025▲ ×6565
Total revenue
$656K
Pt VIII · Ln 12
Total expenses
$395K
Pt IX · Ln 25
Net assets
$261K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$261K
Total assetsPt X · Ln 16$710K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

2 program services account for $314K of program spending, described in the organization's own filed words · FY2025.
01

Education Policy Development and Research

Serve as the go-to national resource on plug-in solar for communities and partners driving broad public awareness needed to make plug-in solar an aspirational mainstream technology for every household. Provide research and expertise to support state-by-state policy frameworks.

$160Kprogram expense
02

Providing Access to Plug-In Solar Equipment

Provide households with affordable plug-in solar to reduce their energy bills and enhance energy reliability partnering with government utilities and community organizations.

$154Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBright Saver INC
EINHdr · item D33-2359862
Principal addressHdr · item CPalo Alto, CA
WebsiteHdr · item Jbrightsaver.org
Year of formationHdr · item L2024
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C99)
Ruling yearIRS BMFDec 2025

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Program Director
$93,501Pt VII · Sec A
Treasurer-Secretary
$60,000Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Cora Stryker’s $94K as Program Director is at the 75th percentile of top reported officer pay among 1981 $100K–1M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Contributions & grants$506K · 77%
Other revenue$150K · 23%
Contributions & grants77%$506K
Other revenue23%$150K
Investment income$608
Total revenueLn 12$656K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.09 Fundraising $0.12
Program services79%$314K
Management & general9%$34K
Fundraising12%$48K
Total functional expensesLn 25$395K

Balance Sheet

Part X · end of year
CashLn 1$581K
Total assetsLn 16$710K
Total liabilitiesLn 26$449K
Total net assetsLn 32$261K
Months of cash on handcomputed17.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $581K · Operating expenses/yr $395K
17.6 months
Where the money goes
Program services
Program services $314K · Total expenses $395K
79%
Management & General
Management & general $34K · Total expenses $395K
9%
Fundraising
Fundraising $48K · Total expenses $395K
12%
Cost to raise $1
Fundraising expense $48K · Solicited contributions $506K
$0.09 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $506K · Total revenue $656K
77%
Government reliance
Government grants $0 · Total revenue $656K
0%
Earned-income share
Program service revenue $0 · Total revenue $656K
0%
Investment reliance
Investment income $608 · Total revenue $656K
+0.09%
Program self-sufficiency
Program service revenue $0 · Total expenses $395K
0%
Growth & trend
Revenue growth (YoY)
This year $656K · Prior year $100
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $261K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $656K · Expenses $395K
+40%
Liabilities-to-Assets
Total liabilities — · Total assets $710K
Net-asset ratio
Net assets $261K · Total assets $710K
37%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $710K
0%
People & payroll
Highest Reported Total Compensation
Individual Cora Stryker · Reported title Program Director · Highest reported compensation $94K · Total expenses $395K
24%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $201K · Total expenses $395K
51%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 9%
Fundraising cost ratio 9%
Revenue growth ×6565

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $25K · 2025–2025

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$656K revenue · viewing · ⤓ 990 PDF
FY2024$100 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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