Franklins Promise Coalition Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 201,246 | 146,077 | 55,169 | 6.2 | 2% |
| 2012 | 288,607 | 263,363 | 25,244 | 4.6 | 19% |
| 2013 | 305,278 | 367,167 | −61,889 | 1.3 | 39% |
| 2014 | 283,644 | 278,298 | 5,346 | 1.9 | 43% |
| 2015 | 265,641 | 236,155 | 29,486 | 3.7 | 52% |
| 2016 | 413,190 | 433,976 | −20,786 | 1.4 | 32% |
| 2017 | 760,674 | 529,300 | 231,374 | 6.4 | 27% |
| 2018 | 461,247 | 627,494 | −166,247 | 2.2 | 18% |
| 2019 | 1,143,465 | 1,193,914 | −50,449 | 0.7 | 8% |
| 2020 | 1,641,323 | 1,250,702 | 390,621 | 4.4 | 24% |
| 2021 | 1,161,059 | 1,120,537 | 40,522 | 4.9 | 40% |
| 2022 | 2,402,878 | 2,345,896 | 56,982 | 2.6 | 59% |
| 2023 | 2,510,404 | 2,493,367 | 17,037 | 2.6 | 59% |
In its most recent public year (2023), this organization brought in $17,037 more than it spent. Its reserves stood at about 2.6 months of spending, down from 6.2 in 2011. Staff pay was 59% of spending.
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
Franklins Promise Coalition 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