The Promise Mission
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 54,062 | 36,911 | 17,151 | 5.6 | — |
| 2018 | 49,694 | 46,063 | 3,631 | 4.1 | — |
| 2020 | 75,132 | 65,394 | 9,738 | 2.7 | — |
| 2021 | 93,042 | 95,485 | −2,443 | 1.9 | — |
In its most recent public year (2021), this organization spent $2,443 more than it brought in. Its reserves stood at about 1.9 months of spending, down from 5.6 in 2017.
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 2021. 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
The Promise Mission's IRS filings as a feed — one entry per filing year, through 2021. 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