Powering Potential Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 297,705 | 179,942 | 117,763 | 7.9 | 50% |
| 2017 | 142,899 | 192,519 | −49,620 | 4.2 | 47% |
| 2018 | 173,547 | 218,713 | −45,166 | 1.3 | 41% |
| 2019 | 180,693 | 187,827 | −7,134 | 1.0 | 35% |
| 2020 | 240,268 | 220,776 | 19,492 | 1.9 | 25% |
| 2021 | 232,890 | 190,587 | 42,303 | 4.9 | 31% |
| 2022 | 392,303 | 212,049 | 180,254 | 14.6 | 30% |
| 2023 | 173,136 | 319,834 | −146,698 | 4.2 | 24% |
| 2024 | 243,386 | 253,780 | −10,394 | 4.8 | 35% |
In its most recent public year (2024), this organization spent $10,394 more than it brought in. Its reserves stood at about 4.8 months of spending. Staff pay was 35% 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 2024. 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
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