Promise Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 11,650 | 3,505 | 8,145 | 59.2 | — |
| 2012 | 17,311 | 21,243 | −3,932 | 7.5 | — |
| 2013 | 26,023 | 21,048 | 4,975 | 10.4 | — |
| 2014 | 130 | 12,418 | −12,288 | 5.8 | — |
| 2015 | 130 | 148 | −18 | 488.1 | — |
| 2016 | 290 | 1,722 | −1,432 | 32.1 | — |
| 2017 | 275 | 262 | 13 | 211.4 | — |
| 2018 | 120 | 232 | −112 | 232.9 | — |
| 2019 | 16 | 50 | −34 | 1072.6 | — |
| 2020 | 18 | 292 | −274 | 172.4 | — |
| 2021 | 6 | 602 | −596 | 71.7 | — |
| 2022 | 2 | 52 | −50 | 812.5 | — |
| 2023 | 3 | 651 | −648 | 53.0 | — |
In its most recent public year (2023), this organization spent $648 more than it brought in. Its reserves stood at about 53 months of spending, down from 59.2 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 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
Promise Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. 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