Promise Connect
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 22,363 | 5,270 | 17,093 | 38.9 | 0% |
| 2018 | 9,530 | 4,149 | 5,381 | 43.0 | 0% |
| 2019 | 25,730 | 3,836 | 21,894 | 115.0 | 0% |
| 2020 | 8,215 | 5,898 | 2,317 | 79.5 | 0% |
| 2021 | 31,962 | 36,031 | −4,069 | 11.7 | 0% |
| 2022 | 9,078 | 9,511 | −433 | 43.6 | 0% |
| 2023 | 30,810 | 36,453 | −5,643 | 9.5 | 0% |
In its most recent public year (2023), this organization spent $5,643 more than it brought in. Its reserves stood at about 9.5 months of spending, down from 38.9 in 2016. Staff pay was 0% 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
Promise Connect'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