Washtenaw Promise Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 54,612 | 4,150 | 50,462 | 145.9 | — |
| 2019 | 210,126 | 122,011 | 88,115 | 14.1 | 55% |
| 2020 | 124,425 | 131,514 | −7,089 | 13.2 | 62% |
| 2021 | 134,097 | 178,803 | −44,706 | 6.9 | 46% |
| 2022 | 215,664 | 176,910 | 38,754 | 9.1 | 48% |
| 2023 | 193,373 | 202,092 | −8,719 | 7.7 | 44% |
In its most recent public year (2023), this organization spent $8,719 more than it brought in. Its reserves stood at about 7.7 months of spending, down from 145.9 in 2018. Staff pay was 44% 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
Washtenaw Promise 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