Family Promise Of The Lower Cape Fear Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 347,808 | 370,212 | −22,404 | 14.2 | 31% |
| 2012 | 322,414 | 385,193 | −62,779 | 11.7 | 33% |
| 2013 | 383,692 | 314,563 | 69,129 | 16.9 | 26% |
| 2014 | 315,484 | 402,832 | −87,348 | 11.4 | 23% |
| 2015 | 351,399 | 373,808 | −22,409 | 12.3 | 27% |
| 2016 | 310,569 | 364,317 | −53,748 | 10.9 | 31% |
| 2017 | 350,981 | 452,968 | −101,987 | 6.1 | 27% |
| 2018 | 619,926 | 673,925 | −53,999 | 3.1 | 17% |
| 2019 | 656,201 | 656,332 | −131 | 3.2 | 17% |
| 2020 | 589,243 | 629,961 | −40,718 | 3.2 | 24% |
| 2021 | 795,347 | 665,652 | 129,695 | 4.7 | 23% |
| 2022 | 881,530 | 860,203 | 21,327 | 4.0 | 21% |
| 2023 | 863,384 | 1,001,105 | −137,721 | 1.8 | 19% |
In its most recent public year (2023), this organization spent $137,721 more than it brought in. Its reserves stood at about 1.8 months of spending, down from 14.2 in 2011. Staff pay was 19% 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
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