Promise Ridge Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 53,630 | 42,800 | 10,830 | 3.0 | — |
| 2019 | 122,168 | 127,848 | −5,680 | 0.5 | — |
| 2020 | 132,134 | 124,113 | 8,021 | 1.3 | — |
| 2021 | 182,789 | 156,091 | 26,698 | 3.1 | — |
| 2022 | 173,559 | 158,773 | 14,786 | 4.2 | — |
| 2023 | 165,641 | 119,980 | 45,661 | 10.1 | — |
In its most recent public year (2023), this organization brought in $45,661 more than it spent. Its reserves stood at about 10.1 months of spending, up from 3 in 2018.
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 Ridge 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