Homes Of Promise Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 681,646 | 719,242 | −37,596 | -0.2 | 20% |
| 2021 | 748,923 | 854,382 | −105,459 | -1.6 | 27% |
| 2022 | 481,183 | 557,911 | −76,728 | -4.1 | 13% |
| 2023 | 16,836 | 19,785 | −2,949 | -118.4 | — |
In its most recent public year (2023), this organization spent $2,949 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-118.4 months), down from -0.2 in 2020.
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