New Promise Children And Family Services
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 230,600 | 209,141 | 21,459 | -5.7 | 56% |
| 2021 | 394,470 | 306,835 | 87,635 | -0.5 | 61% |
| 2022 | 442,950 | 400,887 | 42,063 | 0.7 | 51% |
| 2023 | 317,150 | 431,247 | −114,097 | -2.6 | 57% |
| 2024 | 260,770 | 263,920 | −3,150 | -4.3 | 53% |
In its most recent public year (2024), this organization spent $3,150 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.3 months), up from -5.7 in 2020. Staff pay was 53% 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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works