Promise Of Justice Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 357,668 | 232,696 | 124,972 | 6.4 | 62% |
| 2014 | 328,177 | 499,777 | −171,600 | -1.1 | 61% |
| 2015 | 937,411 | 454,050 | 483,361 | 11.5 | 54% |
| 2016 | 1,249,543 | 772,672 | 476,871 | 14.2 | 36% |
| 2017 | 370,935 | 690,245 | −319,310 | 10.3 | 49% |
| 2018 | 385,393 | 781,030 | −395,637 | 3.1 | 58% |
| 2019 | 1,197,989 | 833,636 | 364,353 | 8.1 | 57% |
| 2020 | 1,738,404 | 1,441,767 | 296,637 | 7.2 | 50% |
| 2021 | 3,074,449 | 2,377,652 | 696,797 | 7.9 | 57% |
| 2022 | 3,041,454 | 3,056,404 | −14,950 | 6.2 | 45% |
| 2023 | 3,690,441 | 3,244,378 | 446,063 | 7.8 | 48% |
In its most recent public year (2023), this organization brought in $446,063 more than it spent. Its reserves stood at about 7.8 months of spending, up from 6.4 in 2013. Staff pay was 48% of spending. $560,723 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 Of Justice Initiative'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