Promesa Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 978,939 | 874,299 | 104,640 | 32.4 | 2% |
| 2012 | 1,032,122 | 1,135,637 | −103,515 | 23.9 | 0% |
| 2013 | 1,307,464 | 1,187,838 | 119,626 | 24.1 | 0% |
| 2014 | 1,477,250 | 1,354,765 | 122,485 | 22.2 | 0% |
| 2015 | 2,280,753 | 1,834,746 | 446,007 | 19.3 | 0% |
| 2016 | 2,694,139 | 2,422,458 | 271,681 | 16.0 | 0% |
| 2017 | 2,336,731 | 2,985,180 | −648,449 | 10.4 | 0% |
| 2018 | 3,667,381 | 2,649,931 | 1,017,450 | 16.3 | 0% |
| 2019 | 4,285,572 | 2,608,115 | 1,677,457 | 24.3 | 0% |
| 2020 | 1,635,506 | 2,494,003 | −858,497 | 21.2 | 0% |
| 2021 | 3,536,945 | 2,658,136 | 878,809 | 23.9 | 0% |
| 2022 | 3,501,347 | 2,745,519 | 755,828 | 26.4 | 8% |
| 2023 | 3,174,360 | 3,214,180 | −39,820 | 22.4 | 0% |
In its most recent public year (2023), this organization spent $39,820 more than it brought in. Its reserves stood at about 22.4 months of spending, down from 32.4 in 2011. Staff pay was 0% of spending. $273,239 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Promesa Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works