Provident Commonwealth Education Resources
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 17,998,521 | 0 | 17,998,521 | — | — |
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 4,949,704 | 4,702,431 | 247,273 | 46.6 | 3% |
| 2019 | 10,807,483 | 14,455,491 | −3,648,008 | -3.0 | 3% |
| 2020 | 4,966,171 | 14,399,006 | −9,432,835 | -10.9 | 3% |
| 2021 | 7,390,935 | 14,213,272 | −6,822,337 | -16.8 | 1% |
| 2022 | 12,563,325 | 14,952,475 | −2,389,150 | -17.9 | 1% |
In its most recent public year (2022), this organization spent $2,389,150 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-17.9 months). Staff pay was 1% 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 2022. 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
Provident Commonwealth Education Resources's IRS filings as a feed — one entry per filing year, through 2022. 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