Promise Neighborhood Of Central Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 124,729 | 110,723 | 14,006 | 2.3 | — |
| 2016 | 85,413 | 97,143 | −11,730 | 1.2 | — |
| 2017 | 109,068 | 112,093 | −3,025 | 0.7 | — |
| 2018 | 181,777 | 159,923 | 21,854 | 2.2 | — |
| 2019 | 281,227 | 192,415 | 88,812 | 7.3 | 0% |
| 2020 | 251,298 | 230,012 | 21,286 | 7.2 | 4% |
| 2021 | 467,327 | 378,353 | 88,974 | 7.2 | 19% |
| 2022 | 531,062 | 607,285 | −76,223 | 3.0 | 42% |
| 2023 | 693,794 | 656,000 | 37,794 | 3.5 | 46% |
In its most recent public year (2023), this organization brought in $37,794 more than it spent. Its reserves stood at about 3.5 months of spending, up from 2.3 in 2015. Staff pay was 46% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works