Pencils Of Promise Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,152,212 | 1,409,189 | 743,023 | 15.4 | 30% |
| 2012 | 5,016,495 | 3,203,649 | 1,812,846 | 13.6 | 21% |
| 2013 | 5,039,888 | 5,061,638 | −21,750 | 8.5 | 25% |
| 2014 | 7,691,304 | 6,043,874 | 1,647,430 | 10.4 | 25% |
| 2015 | 7,895,345 | 8,285,139 | −389,794 | 6.9 | 28% |
| 2016 | 8,651,759 | 8,403,617 | 248,142 | 6.8 | 35% |
| 2017 | 11,081,303 | 8,607,400 | 2,473,903 | 9.9 | 38% |
| 2018 | 6,681,995 | 8,469,794 | −1,787,799 | 7.3 | 34% |
| 2019 | 6,611,589 | 7,025,360 | −413,771 | 8.1 | 38% |
| 2020 | 5,352,983 | 5,438,761 | −85,778 | 9.6 | 51% |
| 2021 | 5,028,626 | 6,811,563 | −1,782,937 | 4.6 | 41% |
| 2022 | 5,416,234 | 5,829,396 | −413,162 | 4.5 | 46% |
| 2023 | 3,470,681 | 3,887,849 | −417,168 | 5.5 | 39% |
In its most recent public year (2023), this organization spent $417,168 more than it brought in. Its reserves stood at about 5.5 months of spending, down from 15.4 in 2011. Staff pay was 39% of spending. $651,200 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
Pencils Of Promise Incorporated'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