Promises Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 53,641 | 47,155 | 6,486 | 44.6 | 51% |
| 2012 | 57,880 | 51,368 | 6,512 | 42.5 | 0% |
| 2013 | 49,340 | 58,103 | −8,763 | 36.0 | 0% |
| 2014 | 57,853 | 76,719 | −18,866 | 22.0 | — |
| 2015 | 53,080 | 44,480 | 8,600 | 40.9 | — |
| 2016 | 78,533 | 43,996 | 34,537 | 41.4 | — |
| 2017 | 83,204 | 59,980 | 23,224 | 30.8 | — |
| 2018 | 29,979 | 35,837 | −5,858 | 47.1 | — |
In its most recent public year (2018), this organization spent $5,858 more than it brought in. Its reserves stood at about 47.1 months of spending, up from 44.6 in 2011.
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 2018. 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
Promises Inc's IRS filings as a feed — one entry per filing year, through 2018. 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