Progress Texas Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 162,387 | 160,104 | 2,283 | 0.8 | — |
| 2013 | 171,258 | 181,630 | −10,372 | 0.0 | — |
| 2014 | 465,891 | 303,619 | 162,272 | 6.3 | 51% |
| 2015 | 384,257 | 401,198 | −16,941 | 4.2 | 69% |
| 2016 | 386,042 | 493,710 | −107,668 | -0.1 | 66% |
| 2017 | 676,675 | 485,339 | 191,336 | 4.6 | 68% |
| 2018 | 1,369,104 | 1,001,611 | 367,493 | 6.6 | 50% |
| 2019 | 953,113 | 1,076,808 | −123,695 | 4.6 | 48% |
| 2020 | 1,008,148 | 901,245 | 106,903 | 7.4 | 35% |
| 2021 | 952,190 | 966,595 | −14,405 | 0.0 | 30% |
| 2022 | 158,074 | 474,885 | −316,811 | 0.0 | 61% |
| 2023 | 393,443 | 273,093 | 120,350 | 11.6 | 63% |
In its most recent public year (2023), this organization brought in $120,350 more than it spent. Its reserves stood at about 11.6 months of spending, up from 0.8 in 2012. Staff pay was 63% 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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