Promise Partners
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,326,263 | 1,443,476 | −117,213 | 1.3 | 9% |
| 2012 | 1,263,639 | 1,217,174 | 46,465 | 2.0 | 13% |
| 2013 | 1,601,787 | 1,489,127 | 112,660 | 2.6 | 14% |
| 2014 | 1,734,558 | 1,846,710 | −112,152 | 1.3 | 15% |
| 2015 | 1,682,867 | 1,704,600 | −21,733 | 1.3 | 14% |
| 2016 | 1,623,551 | 1,622,806 | 745 | 1.4 | 13% |
| 2017 | 1,597,994 | 1,638,403 | −40,409 | 1.1 | 10% |
| 2018 | 1,671,132 | 1,533,586 | 137,546 | 2.2 | 13% |
| 2019 | 1,793,200 | 1,654,495 | 138,705 | 3.0 | 13% |
| 2020 | 1,691,391 | 1,666,258 | 25,133 | 3.2 | 18% |
| 2021 | 1,788,908 | 1,688,331 | 100,577 | 3.9 | 16% |
| 2022 | 1,678,671 | 1,619,476 | 59,195 | 4.5 | 18% |
| 2023 | 1,808,594 | 1,746,004 | 62,590 | 4.6 | 19% |
In its most recent public year (2023), this organization brought in $62,590 more than it spent. Its reserves stood at about 4.6 months of spending, up from 1.3 in 2011. Staff pay was 19% of spending. $187,133 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
Promise Partners'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