Village Of Promise Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 296,557 | 117,307 | 179,250 | 18.3 | 0% |
| 2012 | 292,125 | 356,168 | −64,043 | 3.9 | 0% |
| 2013 | 288,922 | 329,494 | −40,572 | 2.7 | 0% |
| 2014 | 466,214 | 374,873 | 91,341 | 5.3 | 0% |
| 2015 | 577,427 | 412,586 | 164,841 | 9.6 | 0% |
| 2016 | 93,316 | 247,393 | −154,077 | 8.6 | 18% |
| 2017 | 343,092 | 419,320 | −76,228 | 2.9 | 18% |
| 2018 | 523,064 | 550,464 | −27,400 | 1.6 | 24% |
| 2019 | 693,169 | 741,041 | −47,872 | 0.4 | 35% |
| 2020 | 1,176,257 | 1,144,813 | 31,444 | 0.6 | 18% |
| 2021 | 1,096,750 | 1,007,137 | 89,613 | 1.7 | 5% |
| 2022 | 1,550,649 | 1,267,637 | 283,012 | 4.1 | 74% |
| 2023 | 1,677,317 | 1,918,046 | −240,729 | 1.2 | 65% |
In its most recent public year (2023), this organization spent $240,729 more than it brought in. Its reserves stood at about 1.2 months of spending, down from 18.3 in 2011. Staff pay was 65% of spending. $71,676 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
Village 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