Bright Circle INC FY2022 filing

Topeka, KS · Public charity (501(c)(3))

✓ Tax-deductible Latest data FY2022
Revenue
$273K
▼ -13% vs prior year
Spent
$292K
To programs
100%
Net assets
$162K
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2022 (IRS tax year 2022).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
2 funders, incl. Kansas Association of Child Care Resource and Referral Agencies
$48K in the latest grant year.
Spent on programs?
100% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↓ -13% vs prior year
Legal name (IRS)Hdr · item CBright Circle INC
EINHdr · item D48-0925897
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFNov 1981
Latest filingForm 990FY2024 · Form 990-T
Principal addressHdr · item CTopeka, KS
NTEE classificationIRS BMFNonprofit

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$292K
Total functional expensesLn 25$292K

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$273K
FY2022▼ -13%
Expenses
$292K
FY2022▲ +4%

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Total assets
$179K
FY2022▼ -10%
Total liabilities
$17K
FY2022▼ -6%
Revenue less expensesPt I · Ln 19−$19K
Total assetsPt X · Ln 16$179K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$113K
Total assetsLn 16$179K
Total liabilitiesLn 26$17K
Total net assetsLn 32$162K
Months of cash on handcomputed4.7

Statement of Revenue

Part VIII
Program service revenue$191K · 70%
Contributions & grants$82K · 30%
Program service revenue70%$191K
Contributions & grants30%$82K
Investment income$4
Other revenue$455
Total revenueLn 12$273K

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$38,262Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021
Betsey Litscher$39,000$38,262$39,650

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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

Mission and programs

Provides parents with childcare and early education for children's futures.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $292K of program spending, described in the organization's own filed words · FY2022.
01

Affordable early childhood education to supply parents with adequate childcare and early teachings for a child's future. 41 families were served in 2022.

$292Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$48K

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $230K$260K-2% 990 PDF
FY2023 $234K$250K-14% 990 PDF
FY2022 Viewing $273K$292K-13% 990 PDF
FY2021 $314K$280K+25% 990 PDF
FY2020 $251K$239K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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