Promise Pointe Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 440,129 | 38,269 | 401,860 | 126.6 | 3% |
| 2019 | 326,267 | 134,840 | 191,427 | 56.6 | 0% |
| 2020 | 310,461 | 105,824 | 204,637 | 95.4 | 0% |
| 2021 | 409,143 | 135,687 | 273,456 | 98.5 | 0% |
| 2022 | 566,189 | 218,193 | 347,996 | 80.4 | 0% |
| 2023 | 405,288 | 228,875 | 176,413 | 85.9 | 0% |
In its most recent public year (2023), this organization brought in $176,413 more than it spent. Its reserves stood at about 85.9 months of spending, down from 126.6 in 2018. Staff pay was 0% of spending. $71,531 of its net assets are donor-restricted.
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 Pointe 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